How StockX Built A Billion Dollar Sneaker Resale Empire

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  • เผยแพร่เมื่อ 16 มิ.ย. 2024
  • StockX is an online marketplace for luxury sneakers, handbags and apparel like Retro Jordans, a Hermes Birkin Himalayan crocodile bag in matte, or a Rolex Oyster Perpetual watch. You can even find extremely rare Pokemon cards like a Charizard-Holo 1999 base set 1st edition. In November 2018, StockX sold its most expensive item ever: a 70,000-dollar Louis Vuitton x Supreme Malle Courier Trunk. By June of 2019, the Detroit-based company reportedly reached a $1 billion valuation. In half a decade, StockX went from a simple price guide for sneakers to a reselling empire and it has its sights on disrupting the retail market.
    Before co-founding StockX, Josh Luber ran three tech startups and joined the corporate world as a consultant at IBM in 2010. Luber was a sneaker head, but “almost intentionally avoided creating any businesses that had to do anything with sneakers.” While researching data at IBM, Luber realized eBay was the biggest marketplace for sneaker reselling, but with multiple sellers listing different prices for the same product.
    Luber figured that the sneaker reselling market would benefit from following an exchange model. This system would help alleviate uncertainty and mean that every sneaker listed on the exchange has one true market value. In 2012, Luber started a side project called Campless, which scraped data from eBay resellers to look at prices for all sneakers sold on the platform via auction. This essentially created a shoe reselling price guide for sneakerheads.
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    How StockX Built A Billion Dollar Sneaker Resale Empire

ความคิดเห็น • 522

  • @josegurrola9021
    @josegurrola9021 4 ปีที่แล้ว +1040

    How StockX lost your personal and financial data to hackers and didnt let you know before it was too late

    • @fortnitekillsd5625
      @fortnitekillsd5625 4 ปีที่แล้ว +36

      100% no capping

    • @uzissidehoe
      @uzissidehoe 4 ปีที่แล้ว +25

      Bruh the sad part is they still haven’t even owned up to it they just sent an email a while ago and that’s it

    • @gilbertoflores7397
      @gilbertoflores7397 4 ปีที่แล้ว +21

      They didn't. They were hacked for passwords and email accounts. They sent an email telling you to change your password. But they said, no account/payment information tied to user names were compromised. What's funny is that this happens all the time with almost every other thing online, phone companies get hacked, banks, credit score companies. Your data is already out there.

    • @keyonte8482
      @keyonte8482 4 ปีที่แล้ว +2

      Gilberto Flores they hacker purchase shoes from other people cards including mine but I got refunded before it happen

    • @Existential_Dread
      @Existential_Dread 4 ปีที่แล้ว

      But everything is fine and we must be inspired to do equally shady things. Ok? Stand in Line!

  • @mwrskate
    @mwrskate 4 ปีที่แล้ว +584

    Funny how they are worth over a billion dollars and they can’t even add 2FA after they got hacked

    • @zyphert2325
      @zyphert2325 4 ปีที่แล้ว

      ong

    • @Yerinjibbang
      @Yerinjibbang 4 ปีที่แล้ว

      oof

    • @dai2393
      @dai2393 4 ปีที่แล้ว +2

      What is an 2FA

    • @mwrskate
      @mwrskate 4 ปีที่แล้ว +21

      ​@@dai2393 it's when you log into your account and it asks you for a code before you can do anything

    • @chipschan1866
      @chipschan1866 4 ปีที่แล้ว +2

      Shoe Pink or just 2 factor authentication

  • @flipdijksterhuis9090
    @flipdijksterhuis9090 4 ปีที่แล้ว +1265

    The verification is just smelling the shoes and then say they are legit, that’s why there are so much fakes

    • @Yerinjibbang
      @Yerinjibbang 4 ปีที่แล้ว +25

      lmfao

    • @sneakerhype8899
      @sneakerhype8899 4 ปีที่แล้ว +17

      So true

    • @henryseltzer1941
      @henryseltzer1941 4 ปีที่แล้ว +150

      Actually, the legit checking department is required to go through many different stages of checking, and smell is just one of the 11 stages of checking.

    • @kiemenkevin9624
      @kiemenkevin9624 4 ปีที่แล้ว +51

      Only 0,02% of StockX are fake

    • @RM-lo9ob
      @RM-lo9ob 4 ปีที่แล้ว +7

      Broski that's not it

  • @samuelredelsheimer2695
    @samuelredelsheimer2695 4 ปีที่แล้ว +679

    Dead stock is when it hasn’t been worn

    • @campkira
      @campkira 4 ปีที่แล้ว +16

      dead stock don't mean it going pass the inspection.....

    • @fortnitekillsd5625
      @fortnitekillsd5625 4 ปีที่แล้ว +84

      She totally butchered the attempt to explain deadstock

    • @hiddenrainzz9679
      @hiddenrainzz9679 4 ปีที่แล้ว +10

      Thank you cause I almost lost it when she tried explaining it 😭😤

    • @athoughtfulape
      @athoughtfulape 4 ปีที่แล้ว +30

      Your comment doesn’t prove her wrong, though. The origin of the term “dead stock” is rooted in exactly what she mentioned: shoes that were never sold to customers and kept in either back rooms or basements. Check out the Complex Sneakers Podcast episode with DJ Clark Kent to hear his very similar explanation of this term.

    • @danieldanielson2324
      @danieldanielson2324 4 ปีที่แล้ว +14

      What you’re thinking is deadstock “condition”. She is technically not wrong. Her definition implies something that is not on shelves and stored away in the literal sense. If said item is not worn, then it is in a DEADSTOCK CONDITION.

  • @3rdworld-witch527
    @3rdworld-witch527 4 ปีที่แล้ว +108

    "check out the chicks with 6000 sneakers, 5000 which were inherited" lmfaooo, they did no work...

    • @Bruh-xs5dl
      @Bruh-xs5dl 4 ปีที่แล้ว +4

      1000 is still a lot

    • @3rdworld-witch527
      @3rdworld-witch527 4 ปีที่แล้ว +12

      @@Bruh-xs5dl im just saying its funny how 1 person did 5000, it took 3 or 4 of them to do 1000. Lol

    • @campkira
      @campkira 4 ปีที่แล้ว +10

      let face it... they only do it for the fame.... faker...

    • @kiki69yearsago14
      @kiki69yearsago14 4 ปีที่แล้ว +1

      @@campkira dont forget they also resell em, id just keep most of it especially if they belong to my dad or sum

    • @Hhhhhbhhhh
      @Hhhhhbhhhh 3 ปีที่แล้ว

      “sneaker reseller”

  • @samnelson8927
    @samnelson8927 4 ปีที่แล้ว +231

    I know tons of people who sell fakes on stock x and have no problem

    • @ikon1403
      @ikon1403 4 ปีที่แล้ว +2

      Sam nelson bruh 🤦🏻‍♂️

    • @eclipse6756
      @eclipse6756 4 ปีที่แล้ว

      Sam nelson how???

    • @jrbnyc9898
      @jrbnyc9898 4 ปีที่แล้ว +32

      @@eclipse6756 good fakes r hard to spot. most times fakes are made with the same material using the same exact machines. fakes arent obvious anymore. check out sites like dhgate or aliexpress you will see a huge market of very good fakes.

    • @topspot4834
      @topspot4834 4 ปีที่แล้ว +5

      Doubtful

    • @LeonardoDiax24
      @LeonardoDiax24 4 ปีที่แล้ว

      Sam nelson stfu no you don’t

  • @sodmecca9603
    @sodmecca9603 4 ปีที่แล้ว +58

    A billion dollar sneaker company that doesn’t have a customer services number 😂

    • @bretsmith2492
      @bretsmith2492 3 ปีที่แล้ว +1

      So when you get scammed with a fake you can't call and complain

  • @FuccYew
    @FuccYew 4 ปีที่แล้ว +339

    Lmao that old white lady has no idea wtf she’s talking about. She didn’t even use the word dead stock correctly.

    • @BG-it7hb
      @BG-it7hb 4 ปีที่แล้ว +21

      Straight up. Sad thing is she is the type to write a book and be on TV...

    • @jacobscott9640
      @jacobscott9640 4 ปีที่แล้ว +32

      She did tho deadstock used to refer to stock that never sold and sat on shelves now it means never worn sneakers I guess the term evolved

    • @Versac3e
      @Versac3e 4 ปีที่แล้ว +4

      man what did you expect? shes an old white lady lmfao

    • @gfeast4518
      @gfeast4518 4 ปีที่แล้ว +1

      People do define dead stock as a shoe that is like an old release, I’ve seen people on ebay say their shoe is dead stock but used I guess just cause they’re older, so there’s two meanings I guess lol

    • @fabianklw
      @fabianklw 4 ปีที่แล้ว +3

      This is the original meaning of ds

  • @FormulaGaming1
    @FormulaGaming1 4 ปีที่แล้ว +282

    lmao stockx be pushing out fakes like no tomorrow i have had some of my things get authenticated in less than a minute. They cappin for real

    • @campkira
      @campkira 4 ปีที่แล้ว

      @@cn2673 it a rich people.... site..... since no way they can get those shoe at the store...

    • @yebebe8068
      @yebebe8068 4 ปีที่แล้ว +16

      Carson D goat prices are horrible

    • @Kzombie
      @Kzombie 4 ปีที่แล้ว +3

      eBay is the way to go. Just return it if you can prove it’s fake. Most times it’s legit

    • @carlitosmedina4795
      @carlitosmedina4795 4 ปีที่แล้ว +7

      Carson D it’s not StockX making the prices

    • @nickloomis6808
      @nickloomis6808 4 ปีที่แล้ว

      Goat be waxing 😂😭

  • @DoctorSoles11
    @DoctorSoles11 4 ปีที่แล้ว +17

    Glad I got to be featured in this video! Appreciate y’all!

    • @TrueblueDC4L-G59
      @TrueblueDC4L-G59 4 ปีที่แล้ว

      Doctor!!!! You're the best! 👍🏼

    • @an-9411
      @an-9411 4 ปีที่แล้ว

      ayyy

  • @Playerz714
    @Playerz714 4 ปีที่แล้ว +224

    Fakes go thru here btw

    • @jaym.9275
      @jaym.9275 4 ปีที่แล้ว +6

      From what I've read through reviews, very very rarely, if they are fakes they're SUPER good ones.

    • @patw.6567
      @patw.6567 4 ปีที่แล้ว +4

      good to know and why im never paying resell and rather buy the drop

    • @cooper197
      @cooper197 4 ปีที่แล้ว +2

      Fakes going through stock x are the same probability as mike miss stitching a shoe given there are probably thousands of shoes miss stitched per model seems like a big number doesn’t it but it isn’t when you have millions going through a day

    • @Manueltoledo11111
      @Manueltoledo11111 2 ปีที่แล้ว

      @@jaym.9275 well this aged like milk

  • @revthat4789
    @revthat4789 4 ปีที่แล้ว +84

    I've sold sneakers there and my experience is great.
    However when it comes to buying you can never be sure for 100% they've sold you authentic product.
    The diversity of products and number of sales makes it very hard to make a proper authentication.

    • @famb2k
      @famb2k 4 ปีที่แล้ว +1

      It is impossible to be perfect

    • @trendthis364
      @trendthis364 4 ปีที่แล้ว +8

      @@famb2k unless you authenticate from end to end on production side with blockchain

    • @abotto35
      @abotto35 4 ปีที่แล้ว

      They purposely put in fake shoes stop

    • @jean-phil
      @jean-phil 4 ปีที่แล้ว +7

      Nike should put a unique number on every shoe that could be used to register online, some kind of License Key like for Windows.

    • @whyteytheplug2875
      @whyteytheplug2875 4 ปีที่แล้ว +1

      Rev That sht is what makes us think FLIGHT CLUB NEVER SOLD FAKES! Like how can we tell, u sayin SX is the only place that got fakes, doubt it

  • @vintageindy
    @vintageindy 4 ปีที่แล้ว +30

    Those chicks at the end: "So we were given 5,000 pairs of expensive shoes"

    • @armaantiwana6909
      @armaantiwana6909 4 ปีที่แล้ว +1

      VTG INDY they shouldn’t have those

    • @priceless2353
      @priceless2353 4 ปีที่แล้ว +5

      Lmao that was so obnoxious

    • @dathunderman4
      @dathunderman4 3 ปีที่แล้ว

      Literally definition of privilege

  • @bradleynicholas457
    @bradleynicholas457 4 ปีที่แล้ว +1

    Amazing video as always! Keep ‘em coming 😬👍🏾

  • @michael44rules
    @michael44rules 4 ปีที่แล้ว +19

    This is why it’s important to invest properly into the right companies to be financially well off so your educated to buy & sell items like these

  • @Xenon-4300
    @Xenon-4300 ปีที่แล้ว +3

    The problem with this model and this doesn't really jive with the creators idealogy is that each shoe size can have wildy different pricing on stockx for the exact same shoe. Yes it is based on supply and demand, but it really doesn't set a market price. Also, it's just one website among dozens of major shoe re-sale sites. There is only one stock market. Major difference.

  • @OwenRULESSS
    @OwenRULESSS 4 ปีที่แล้ว +137

    3% plus 14% transaction cost is crazy ... and their authentication isnt that good

    • @rico9163
      @rico9163 4 ปีที่แล้ว +5

      OwenRULESSS it’s 9.5% for shoes and that goes down as you sell more items

    • @AliKhan04
      @AliKhan04 4 ปีที่แล้ว +3

      @@rico9163 yeah I pay 8.5% + 3% for PayPal processing. . Not bad at all

    • @Rewelsworld
      @Rewelsworld 4 ปีที่แล้ว +2

      Americo Sculati I’m level 4 I pay 8%

  • @ThompterSHunson
    @ThompterSHunson 4 ปีที่แล้ว +47

    0:04 _"Smells good, ready to go."_ 😂 So this is the _"Our experts authenticate every product sold on StockX"_ thing StockX is heavily promoting on its site. 😂 Now I know! 😅✌

    • @timh6792
      @timh6792 4 ปีที่แล้ว +1

      Thompter S. Hunson That is the Last of many steps. First they make sure it‘s legit then they make sure it‘s unworn. One way to do it is smelling

  • @RossCampoli
    @RossCampoli 4 ปีที่แล้ว +50

    The sneaker resale market is something that I’ve been seeing more and more about (because I just bought a pair of Jordan 1’s).
    Applying their stock market framework (bids and asks) was not only good marketing and style, but it does create a de facto market value for the shoes. Even if some sneakerheads don’t like stockx, most of them now refer to the stockx price as the going rate of that shoe. Really cool way to improve the resale market of sneakers - or anything.

    • @Asharnof
      @Asharnof 4 ปีที่แล้ว +4

      Ross Campoli - Leadership & Business Videos the problem is that it’s unregulated, and that none of the buyer/seller base have enough research or data to trend against for a long enough period of time to make any sort of forecasting or predictions like you would on the actual stock market. Instead, everything is predicated by hype and hype alone. This is where the quants are missing, and with that, any real shot of being taken seriously as anything more than a place where predatory resellers capitalize on those who missed out on bigger releases because they don’t have bots.
      Also, Stock X is a garbage business that has been breached MULTIPLE TIMES and still doesn’t go to great lengths to protect its customers. You’re telling me a company worth billions of dollars can’t figure out 2FA for its customers????

    • @RossCampoli
      @RossCampoli 4 ปีที่แล้ว +3

      Andreas S. Totally valid points, Andreas!

    • @Playerz714
      @Playerz714 4 ปีที่แล้ว +2

      Its super easy to manipulate

    • @fortnitekillsd5625
      @fortnitekillsd5625 4 ปีที่แล้ว +2

      @@Playerz714 The do that on the regular. after ya sell on the platform the bump your sold bid for $1-$100+. This is lack pf transparency

    • @ninosoles3396
      @ninosoles3396 4 ปีที่แล้ว

      If you use stockx as a price point you’re a clown, goat is 100% better

  • @obriantucker2256
    @obriantucker2256 4 ปีที่แล้ว +6

    Just in case if you didn't catch it. Near the end of the video. The co-founder of stock X is basically saying is, if you think 200 dollars is expensive for a pair of shoes. If this guys future is realized. instead of paying the suggested retail price of 150 dollars for some travis Scott Jordan 1s, you would be paying the true retail/ market value price of 1.500 dollars. I never thought that sneakers may one day become a Luxury item only for the rich. But when you have people not of the culture, that does not give 2 F#$% about sneakers and is just there to manipulate the market and Drive up prices. These are the consequences.

    • @gilbertoflores7397
      @gilbertoflores7397 4 ปีที่แล้ว

      When Jordan's and kanye's shoes' MSRP is 200-250. Yeah they're luxury items. Shoes should cost that much, especially jordans, they're 30 year old shoe still being made with worse materials, and made in small quantities. So yes, only the rich who can afford to overpay for an average product will be able to buy certain shoes. That's how "the culture" has always been, the haves and the have nots. It's always been like that, its just more obvious now when only the rich are seem in the products, and you cant get them because they're sold out or too overpriced.

  • @Ming-ti3tx
    @Ming-ti3tx 4 ปีที่แล้ว +17

    0:02 can confirm thats the entire stockx authentication process

  • @LaidBackBill92
    @LaidBackBill92 4 ปีที่แล้ว +40

    If StockX became the main "retailler" for certain limited sneakers then basically only the rich are gonna be able to cop them, that's what hes saying when he says "let the market decide" basically "the more excess money you have to spend then you will get every sneaker you want" absolute BS ! Let retail selling stay as it is because that way anyone and everyone has a chance of copping!!

    • @Unknown16
      @Unknown16 3 ปีที่แล้ว +1

      That's impossible because if there is a limited amount then you can't do that. Sellers will charge as much as they can get away with

    • @LaidBackBill92
      @LaidBackBill92 3 ปีที่แล้ว +3

      @@Unknown16 I think you're missing my point. They are saying instead of retail being at a set price by the corporation at their stores, websites and retailers such as Footlocker and what not where they sell at the set price. That all shoes would automatically go into essentially a bidding war from the off, removing all probability for certain people to get the lucky W on SNKRS app or retail in general. Thats why I'm saying its BS.

    • @aaronjames398
      @aaronjames398 3 ปีที่แล้ว +2

      The ppl can dictate the market. If ppl stop buying J’s for $170, watch Nike/Jordan lower it. Ppl are too dumb to realize that though.

    • @jerrelncbg6240
      @jerrelncbg6240 3 ปีที่แล้ว +1

      Its business. The people who value the sneaker the most deserve to have it if they are willing to pay the premium. You sound entitled. The company doesn't owe you a sneaker at a price you want to pay. But if they overprice thats a riak for them. The gentleman was just stating the obvious. People are willing to pay more so why not charge more. Some of their items can be considered high fashion like Gucci, LV etc

    • @irbose9895
      @irbose9895 3 ปีที่แล้ว

      CEO mentality is greedy trash

  • @MikeWilliamsYoroomie
    @MikeWilliamsYoroomie 4 ปีที่แล้ว +1

    Love this and such a great look behind the scenes of the business side of StockX.

  • @thecosmonaut4221
    @thecosmonaut4221 4 ปีที่แล้ว +67

    She is using the word “dead stock” right tho in this scenario. The problems now a days the term is used for a shoe that is brand new

    • @BrieoRobino
      @BrieoRobino 4 ปีที่แล้ว +7

      Why is that a problem? The term has evolved into the modern day and just means a pair of shoes that never been worn.

    • @thecosmonaut4221
      @thecosmonaut4221 4 ปีที่แล้ว +9

      Plague Master oh no problem my guy I’m just pointing it out because I’m seeing a lot of people I. The comments saying “the girl doesn’t even know what deadstock means”

    • @sadface
      @sadface 4 ปีที่แล้ว +3

      @@thecosmonaut4221 yeah I am seeing a lot of those too, makes no sense because she was explaining the origin of the term. Now there is no true "dead stock" left so it just means unworn but it's because it evolved over time.

    • @campkira
      @campkira 4 ปีที่แล้ว

      clearly her dad try it on before...

  • @maleesha2004
    @maleesha2004 4 ปีที่แล้ว

    Excellent video! Very insightful about this company.

  • @doublev1513
    @doublev1513 3 ปีที่แล้ว

    All jokes aside, this is idea is amazing. Genius!

  • @jinzhizhang8597
    @jinzhizhang8597 4 ปีที่แล้ว +1

    Some Asian resell platforms only charge less than 2% seller fee but Stockx is charging 9.5% + 3%. This is how they built a BILLION Dollar empire.

  • @skurai
    @skurai 4 ปีที่แล้ว +1

    great information, thanks

  • @priceless2353
    @priceless2353 4 ปีที่แล้ว +1

    It’s crazy how smart these ads are now South Park really nailed it like 4 years early

  • @eli-nmusk2695
    @eli-nmusk2695 4 ปีที่แล้ว +5

    All my respect goes to those girls that sold 250k just on IG

  • @Bellz89
    @Bellz89 4 ปีที่แล้ว

    Very interesting and insightful.

  • @davahn122
    @davahn122 4 ปีที่แล้ว +7

    Gave me fake shoes and then told me to resale them back to them for less money

  • @Ifalere
    @Ifalere 4 ปีที่แล้ว +1

    StockX is pretty cool. It’s like you buy a share (Sneaker) then sell it later when the share price increases

  • @blackrevenue8421
    @blackrevenue8421 4 ปีที่แล้ว +1

    This is a brilliant idea that only he could have thought of... It's not a random idea

  • @IIIIALBYIIII
    @IIIIALBYIIII 4 ปีที่แล้ว +1

    Scott Cutler would be taking over as CEO. Cutler was formerly a Senior Vice President for the Americas at eBay. Prior to that, he was president of StubHub, and was an executive vice president at the New York Stock Exchang

  • @drowse5278
    @drowse5278 4 ปีที่แล้ว +46

    You forgot to mention they also sell peoples account information!

    • @cooper197
      @cooper197 4 ปีที่แล้ว +2

      Sneaker Discoveries theyyyyy don’t they got hacked once and since implemented security checks you’re dumb

  • @qtz7556
    @qtz7556 4 ปีที่แล้ว +12

    14:00 Linus Hypebeast.

  • @fakeartist7149
    @fakeartist7149 4 ปีที่แล้ว +7

    When fakes have the same quality as reals, what are differences?

  • @jadenyuki3138
    @jadenyuki3138 4 ปีที่แล้ว

    Wow, i use this all the time to buy and resell.

  • @tydikmen9614
    @tydikmen9614 4 ปีที่แล้ว +23

    Get 2FA and actually competent Customer Support

    • @trendthis364
      @trendthis364 4 ปีที่แล้ว

      Lol word

    • @1way448
      @1way448 4 ปีที่แล้ว

      What is 2FA?

    • @trendthis364
      @trendthis364 4 ปีที่แล้ว

      @@1way448 Two Factor Authentication

  • @davidli7286
    @davidli7286 4 ปีที่แล้ว +7

    stockx ad ends at 15:30

  • @detailsmove
    @detailsmove 4 ปีที่แล้ว +6

    I've had good and bad experiences with StockX; the worse recently was paying for a collab shoe but the seller didn't include all the accessories with the shoe and StockX told me that's okay when buying from them, wtf

    • @bwdrives
      @bwdrives 4 ปีที่แล้ว

      What shoe?

    • @mocheen4837
      @mocheen4837 ปีที่แล้ว

      Stockx is a scam. I tried to sell a brand new pair of Travis Scott’s through them. They sent me a letter and said the box was damaged and wanted to deduct $100 from the sale price. I took pictures of the box and made a video when I packaged it and dropped it off to UPS. They sent a letter back saying they would honor the original price. Scammers.

  • @JDG707
    @JDG707 4 ปีที่แล้ว +12

    instagram ruined the sneaker culture and made it lame, everybody is a "sneakerhead" now

    • @ip5799
      @ip5799 4 ปีที่แล้ว +5

      JDG707 that’s just life mate, good things come to an end. there will always be something new on the horizon that’s cool and interesting then it will become old and popular.

    • @JDG707
      @JDG707 4 ปีที่แล้ว

      @@ip5799 *sigh*...you're right tho....

  • @alexpardoe7584
    @alexpardoe7584 4 ปีที่แล้ว +10

    I’m so thrilled that these Detroit based companies are getting some recognition 😉

    • @fortnitekillsd5625
      @fortnitekillsd5625 4 ปีที่แล้ว

      CNBC only liking comments that don't slate this 1min authentication site

    • @uzissidehoe
      @uzissidehoe 4 ปีที่แล้ว

      Fortnite Kills D Ik it’s so annoying

  • @ceesparxxx
    @ceesparxxx 3 ปีที่แล้ว +1

    I've seen someone buy a fake sneaker from Stockx......but shockingly enough, the person found out about it 2 years after they bought them. So he sent them back and got a FULL refund for a Fake Sneaker that was sold to him 2 years ago!!! Most companies would never even consider doing that, especially after such a long period of time. That just goes to show you serious they take authenticity.

  • @joshmendoza5800
    @joshmendoza5800 4 ปีที่แล้ว +24

    What you mean get rid of the retail price ? That’s rich talking bozo !!!

    • @aaronjames398
      @aaronjames398 3 ปีที่แล้ว

      Jordan gonna be costing $600+ day of release if he gets his way.

  • @WWMMWWWMMMWWWWMMMM
    @WWMMWWWMMMWWWWMMMM 4 ปีที่แล้ว

    Cashing in on those hype beasts

  • @vampir7154
    @vampir7154 3 ปีที่แล้ว +2

    Who tf is gonna put a shoe up to they nose and smell it and just be like: “sorry man, these ain’t legit, I can smell it”

  • @timothylumala1494
    @timothylumala1494 4 ปีที่แล้ว +2

    Why would you spend over $100 for shoes?

  • @cooper197
    @cooper197 4 ปีที่แล้ว +1

    Reason number 1 they take 20% in fees

  • @LifeCoachJesse
    @LifeCoachJesse 3 ปีที่แล้ว

    They inherited all the shoes??!! Wow 🔥🔥🔥

  • @seize3
    @seize3 4 ปีที่แล้ว +21

    Been using StockX for some time and while I like the platform, I have concerns. They have some serious privacy issues, selling fakes, data tracking issues, and transparency issues.
    Not too long ago, everybody's data was compromised. What was wrong with that was they took DAYS to notify everyone even though we all knew what was going on. And they didn't really say what they're going to do about it. When you look at how they verify sneakers, some of them take less than a minute authenticating them which is concerning. And that leads to fakes.
    2nd, I look at the sales chart on the app and website which gives you the price and date of the transactions, it isn't accurate most of the time. How could I have the lowest ask at the time but then a sneaker gets sold for more than my ask? Also, it's supposed to be in chronological order so why am I seeing today's date then Nov 1, 2019 then today's date again? Makes no sense.
    Why I'm complaining is because this is a BILLION dollar company and I feel that these issues can EASILY be resolved

    • @AshleyChuChu
      @AshleyChuChu 4 ปีที่แล้ว

      Not days to notify people, MONTHS. They withheld the information and released a mandatory password change

    • @seize3
      @seize3 4 ปีที่แล้ว

      @@AshleyChuChu oh wow, I was speaking from personal experience and others I knew. I didn't know they took months. To me, a mandatory password change is not enough. They could do a lot more

    • @AshleyChuChu
      @AshleyChuChu 4 ปีที่แล้ว +2

      @@seize3 I think there was an article about it, that's how I knew. The second time they were caught I think so they had to release info about it. I agree, password change doesn't change anything, they need 2 step factor authentication

  • @oliverg6643
    @oliverg6643 4 ปีที่แล้ว +2

    Stock x needs to improve the buyers experience. I've ordered from there before and I've received shoes that were missing tissue paper from inside the box or had flaws not listed. If a shoe is marked dead stock it should come everything as if it was bought in store.

  • @g0blin479
    @g0blin479 4 ปีที่แล้ว +92

    This a paid sponsorship Stockx has fake shoes it’s all about
    GOAT APP

    • @paddyharrigan1530
      @paddyharrigan1530 4 ปีที่แล้ว +3

      G0BLiN I sell on goat but StockX is so much better for buying

    • @uzissidehoe
      @uzissidehoe 4 ปีที่แล้ว +6

      Blorgus I prefer to do the opposite 😂

    • @fredk6992
      @fredk6992 4 ปีที่แล้ว +9

      @@paddyharrigan1530 stocks get caught selling fakes so often

    • @trendthis364
      @trendthis364 4 ปีที่แล้ว

      @@fredk6992 facts

    • @trendthis364
      @trendthis364 4 ปีที่แล้ว

      Facts 💯

  • @iProHydro
    @iProHydro 4 ปีที่แล้ว

    Can’t wait for it to go public

  • @Artem-te1xn
    @Artem-te1xn 4 ปีที่แล้ว +2

    In the sneaker/reselling community, StockX is known for knocking down prices of certain shoes and having huge unnecessary fees, especially for European sellers/buyers.
    They also have terrible customer service

  • @mocheen4837
    @mocheen4837 ปีที่แล้ว +1

    I purchased a pair from stockx and it was missing the vintage card, the box was broken in two spots and the papers inside were ripped up. I paid $320 for the shoes and was not impressed with what I received. Stockx said it passed their authentication process and would not do anything. I was at least expecting a discount or for them to send me the missing card. I will never buy from Stinkx again.

  • @Hhhhhbhhhh
    @Hhhhhbhhhh 4 ปีที่แล้ว +4

    0:04 if that’s how they verify shoes I’m thinking twice about buying from stockx

    • @yesirsky4456
      @yesirsky4456 4 ปีที่แล้ว

      That’s actually a good technique to use, different shoe companies all have a unique smell to them, like Nike.

    • @Hhhhhbhhhh
      @Hhhhhbhhhh 4 ปีที่แล้ว

      Isaac A yeah but imagine they do nothing other than smelling it

    • @yesirsky4456
      @yesirsky4456 4 ปีที่แล้ว

      Gaator yeah, but they don’t

  • @linusrochelle9701
    @linusrochelle9701 4 ปีที่แล้ว +6

    Billion dollars and they can’t add 2fa

  • @jasonreed8304
    @jasonreed8304 4 ปีที่แล้ว +1

    says wants to take away retail price but no one would be able to sell on there anymore

  • @barakalzandani5433
    @barakalzandani5433 4 ปีที่แล้ว

    I love StockX my favorite game for my shoes

  • @uzissidehoe
    @uzissidehoe 4 ปีที่แล้ว +2

    How much you wanna bet they’re tryna act sophisticated in the video but when they’re not being filmed they spend about 10 seconds on each shoe

  • @MsMasakryczna
    @MsMasakryczna 3 ปีที่แล้ว

    I wonder, how many plastic (correct me if i'm wrong) badges have to be produced to be added to each item/pair.

  • @Jnevarez6
    @Jnevarez6 4 ปีที่แล้ว

    Yes StockX is killing the Reselling Market.

  • @Hfekaie
    @Hfekaie 4 ปีที่แล้ว +10

    StockX sells high quality replicas

    • @youngt-roy8211
      @youngt-roy8211 4 ปีที่แล้ว

      William San not on every piece of clothing/pair of shoes. Are you dumb?

  • @dibarondj8790
    @dibarondj8790 4 ปีที่แล้ว

    It makes it hard for real sneaker heads that actually wear there purchases to get what they want, however for the reseller it’s a dream. It has pluses and minuses depending on which side of the fence your on buyer or seller🤷🏽‍♂️

  • @edr.2642
    @edr.2642 4 ปีที่แล้ว +3

    I almost sent my Kawhi shoes here but the fees are just too much. Ebay is better as long as still have all the proofs.

  • @fakie88
    @fakie88 4 ปีที่แล้ว

    ds(dead stock) is where u dont wear ur shoes
    if u wear ur shoes there called unds(un deadstock)

  • @timfujio
    @timfujio 4 ปีที่แล้ว +2

    how do you determine which product is fake and which is real? It seems like an impossible task to shift through thousands of pieces.

  • @jesusalfaro6185
    @jesusalfaro6185 2 ปีที่แล้ว

    StockX is like the Grand Exchange in Runescape.

  • @jakegargiulo5101
    @jakegargiulo5101 4 ปีที่แล้ว

    Ahhhh the Air Jordan 1

  • @JendChow
    @JendChow 4 ปีที่แล้ว +1

    I've tried contacting StockX, but no response. I'd like to inquire about their "PayPal 3% Seller" fee. Why do they charge a 3% fee on the sale price and not the price after they subtract their 9% fees? I hope all sellers have noticed this and that this is not just being glossed over.

  • @Jab_Reel
    @Jab_Reel 4 ปีที่แล้ว +1

    Waiting for amazon to acquire.....

  • @pederronnevik8555
    @pederronnevik8555 4 ปีที่แล้ว

    "Smells good, ready to go"
    He said it in the very begining...

  • @ShiestySZN
    @ShiestySZN 4 ปีที่แล้ว +4

    I don’t use stock x that much anymore they only sell your dead stock sneakers. goat app let’s you sell both used and dead stock shoes

  • @gomlbondoc
    @gomlbondoc 3 ปีที่แล้ว

    “Smells good! Ready to go.”
    I’m concerned now....

  • @Fishflipper03
    @Fishflipper03 4 ปีที่แล้ว +1

    Add 2FA

  • @yourmum5758
    @yourmum5758 3 ปีที่แล้ว

    Buy it from flight club or go to a legit store (flight club, stadium goods etc.)

  • @user-dk5xl9kb9u
    @user-dk5xl9kb9u 4 ปีที่แล้ว

    u really like those jordan 3s huh

  • @MINESKINGBG
    @MINESKINGBG 4 ปีที่แล้ว

    I love trading in stockx and if you know how to invest in stock market its like stockx. First in first out

  • @zabadabadoo
    @zabadabadoo 4 ปีที่แล้ว +1

    There are many accounts that have been hacked in stockx, there has been many people that have tried to also contact stockx but they just don't do anything! Till this day there were at least more than 6.8 million accounts that have been banned. There has also been reports of many sneakers being sold fake. So next time you think of buying from stockx be aware of this.

  • @areyouryu1962
    @areyouryu1962 4 ปีที่แล้ว

    dude is baked

  • @1thank2you3
    @1thank2you3 4 ปีที่แล้ว

    that's really smart. bc i've bought few things that was fake on ebay. it's really fraustrating, especially if you never saw the authentic one and have no real reference if the item you received is real or not. I don't want to spend hours and hours for the mp and like they say, "Authentic" ones. I'm willing to pay money for time saved.

  • @dom2555
    @dom2555 4 ปีที่แล้ว +13

    I really hope this thing will not go bigger... A pair of shoes that goes for 1k just because some random rich kids are willing to spend that money for some shoes that should cost 100 bucks,
    It's like rich people deciding the price of bread for the poor

    • @archuthanviji1962
      @archuthanviji1962 4 ปีที่แล้ว +10

      Supply and demand my friend

    • @Apatty6127
      @Apatty6127 4 ปีที่แล้ว +6

      Then you might as well be complaining about the entire stock market yourself, because you’re basically saying billionaire investors and firms are the rich kids and they’re deciding the price of bread for the poor. You’re argument is illogical.

    • @Beautyinwverything
      @Beautyinwverything 4 ปีที่แล้ว +5

      poor people should no buy what they can't afford

    • @campkira
      @campkira 4 ปีที่แล้ว

      it not just some random kid since they do sell it for millions unit resale per year....

    • @tylermasters-barbosa3673
      @tylermasters-barbosa3673 4 ปีที่แล้ว

      @@Apatty6127 yea this guy has no clue lol

  • @smcadams4901
    @smcadams4901 3 ปีที่แล้ว +1

    it’s cause their freaking shipping and processing price is really high. It makes a fifteen dollar shirt 33 dollars

  • @allentey6870
    @allentey6870 4 ปีที่แล้ว

    Tldr: How rich and powerful buy small startup company.

  • @kobewankenobi248
    @kobewankenobi248 4 ปีที่แล้ว

    ✌🏽authenticate✌🏽

  • @canonogic
    @canonogic 4 ปีที่แล้ว

    Bruh they practically take a minimum 15% cut, that's ludicrous

  • @Max-lf4br
    @Max-lf4br 4 ปีที่แล้ว

    what im wondering is what happens to the stuff if it's said to be fake, does the seller get it back or what

  • @ApplicoInc
    @ApplicoInc 4 ปีที่แล้ว +12

    We will definitely be seeing more marketplaces like StockX and GOAT pop up around any applicable niche. We recently saw Nike leave Amazon (a non niche marketplace) and now is the perfect time for them to acquire StockX and dominate sneaker/luxury goods marketplaces. We broke down why we think Nike should make an acquisition in this short video: th-cam.com/video/hXEv6bLM4yU/w-d-xo.html

    • @bendilo.20
      @bendilo.20 4 ปีที่แล้ว

      Nike acquiring StockX?

    • @ApplicoInc
      @ApplicoInc 4 ปีที่แล้ว +1

      @@ziwer1 Foot Locker is already invested in StockX's competitor GOAT.

  • @iveslao
    @iveslao 4 ปีที่แล้ว

    Bought a pair of Nike with bunch of defects and StockX said they allow whatever Nike sells as long as it is authentic. Just FYI

  • @stephenfarrington596
    @stephenfarrington596 4 ปีที่แล้ว +1

    StockX needs to get 2FA

  • @RE2PECT
    @RE2PECT 4 ปีที่แล้ว

    Stock X had 2 data breached last year and didn’t do anything about it many users got there account hacked. People would go on a shopping spree with your stock X account.

  • @954scrappy
    @954scrappy 4 ปีที่แล้ว +1

    Do u want a pair of black cement 3s?

  • @wilkinlockhart7532
    @wilkinlockhart7532 4 ปีที่แล้ว

    They verify for size n keep it shipping

  • @katrosea2378
    @katrosea2378 3 ปีที่แล้ว

    I cannot buy from stockx. The app cannot recognize my address in the Philippines. Idk if they ship here. Does anybody know?

  • @mariopersaud6703
    @mariopersaud6703 4 ปีที่แล้ว +1

    So their goal was to eliminate the resell game and let them be the ones who make the price and sell direct.

  • @saigoneze4465
    @saigoneze4465 4 ปีที่แล้ว

    i want me some Sean Wotherspoon Kicks!

  • @luke8838
    @luke8838 4 ปีที่แล้ว

    How much of this was shot in Toronto lol

  • @aniro5204
    @aniro5204 4 ปีที่แล้ว +1

    i will never buy or sell anything off stockX, they're know to be cheeky