Love rare sneakers and streetwear? Here’s how to buy and sell on StockX

StockX is a thriving e-commerce marketplace for lifestyle and collectables ranging from sneakers, streetwear, luxury handbags, watches, electronics and others.

So apart from sneakers, other highend streetwear brands like Essentials, Stussy, Moncler, BAPE and Supreme are staple residents of this site. Enthusiasts from all over join the platform in an attempt to sell, bid for, and buy their desired collector’s edition of rare, vintage, or trendy and hyped drops that sell out almost instantly.

Originally founded in 2015 by four entrepreneurs based in Detroit, Michigan, this resale platform has since grown exponentially to include over 1,000 employees across 197 countries.

To be sure, StockX’s ecosystem is run by consumers, for consumers. Meaning to say, this secondary marketplace is self-sustainable. With healthy user traffic of several million visits per month, the website is undoubtedly booming with transactions constantly being negotiated and approved.

New products are regularly listed on the site by fellow users, consistently expanding the range of available items available for sale at any given time.

It’s normal to feel overwhelmed when using the platform for the first time. With so many listed products and brands, it’s hard to casually browse through catalogues unless you have a specific search in mind.

But, don’t panic! You’ll soon realise that StockX is fairly similar to our beloved Carousell marketplace. Principally, you can either be a buyer or seller.

Disclaimer: Signing up for an account is required to access the platform’s functionalities as both buyer and seller. 

All shipped purchases will be safely packaged with a green StockX-branded tag of approval as proof of your product’s verification.

Strictly no returns or exchanges are allowed due to the anonymous nature of their platform. Check out more terms and conditions in their FAQ.

Just like how we despise scammers and lowballers, StockX doesn’t tolerate such behaviour either.

Thus, what sets it apart from Carousell are the layers of stringent checks and authentication processes in place to prevent unethical and unlawful transactions on the platform.

But how does StockX execute these processes?

With six authentication centres worldwide, each product undergoes a rigorous examination to ensure authenticity and quality.

To begin with, StockX doesn’t permit worn or damaged secondhand items to be sold on their platform. They only allow deadstock products (brand new, authentic, and never worn with original packaging) to be listed. As a result, buyers will (quite literally) be assured of receiving the freshest and cleanest pair of kicks possible.

Additionally, the employees at the authentication centres utilise advanced machine learning to analyse the material construction of each product. They overview 100+ data points of the product to ensure that no faults or fake replication exist on the item.

All add-ons and accessories that come with the item will be matched according to its original retail. Following that, the item is packaged neatly, adhering to the highest quality standards.

But just before it’s shipped out, the final product undergoes one last quality assurance (QA) check by their experts.

In this manner, they’ve managed to maintain a respectable 99.95% accuracy rate.

Under each listing, users will find a real-time stock market index tracking the item’s price fluctuations. Apart from that, the 12-Month Historical data displays a significant amount of useful information such as:

• 12-Month Trade Range
• All-Time Trade Range
• Volatility
• Number of Sales
• Price Premium
• Average Sale Price

All of these data points are incredibly useful because it provides a completely transparent and comprehensive shopping experience as a whole. Everyone has a fair opportunity to buy their coveted wishlist items at transparent and true market prices.

If you’re using Google Chrome, add the Honey extension to your browser to unlock exclusive orders, greater discounts and cashback savings automatically.

The installed extension will appear as a sidebar on the right. Simply hover your mouse over it to open the tab up.

If StockX doesn’t have what you’re looking for, here are alternative platforms you can try:

How it works: Buying, selling and bidding system
Unique Selling Points: Asia-based, Power seller tiers, accepts crypto payments (Bitcoin, ETH and Tether)

Priding itself as Asia’s biggest and hottest marketplace for apparel and sneakers, Novelship is another popular choice among the local community. Within their collection, you can find exclusive brands like Fear of God, Supreme, Bape, Bearbrick, Nike, Air Jordan, Adidas Yeezy and more.

Scroll down their landing page to view a plethora of categories including scheduled pre-releases, kicks sold below retail price, new lowest listings and others.

Moreover, because they’re based in Asia, their shipping priority would be to Asian countries. They even have a catchy slogan for that: Local First, Global Second. Hence, you can sleep peacefully at night knowing your order will be shipped to your doorstep efficiently with minimal delivery hassles.

How it works: Buying, selling and bidding system
Unique selling points: Member of Carousell Group, Buy-now-pay-later (BNPL) available (Atome, pace)

Next up, we have Ox Street — another Asian-based sneaker marketplace founded in 2019. They promise speedy deliveries (faster by 80%) and lower shipping costs because they connect to lower markets rather than international ones.

Therefore, their operational processes and policies are fairly similar to Novelship’s. Likewise, they guarantee authenticity for all their streetwear and sneakers.

However, their landing page categorisation is slightly different. Although they do have an upcoming release calendar, the remainder is organised based on brands or sneaker models rather than generic categories.

Having been integrated as a member of the Carousell Group in October 2021, Ox Street certainly hits closer to home now. Overall, this lends greater reputability to their brand for us Singaporeans looking to cop some fits from them.

Promotion: Sign up for an account to use code “WELCOMESG” and get $20 in Ox Credits.

How it works: Fixed price points
Unique selling points: Sale section, personal shopping form

For those who prefer a more traditional marketplace concept, DistriSneaks is for you. Compared to Novelship and Ox Street, they don’t have the bidding option. Instead, all their listings have set price points according to sizing (if applicable).

They carry a decent collection range featuring standard brands like Reebok, New Balance, Champion, Fila, Puma and more.

However, what we appreciate most about DistriSneaks is their sale section. Customers will have an opportunity to purchase their favourite brands and apparel models at a fraction of the price.

Not to mention, they also offer a personal shopping form for those seeking specific sneakers or apparel but can’t seem to locate it on their platform. They remove the hassle of searching and basically do it for you.

All in all, DistriSneaks replicates the look and experience of shopping on traditional online retail sites the most.

How it works: Fixed price point depending on size, new/used, verified status
Unique selling point: Extensive collection, chic website interface, editorial spread on latest high-end fashion trends

Last but not least, GOAT is perhaps the ‘greatest of all time’ for a few reasons.

What started as frustration after being scammed into buying a fake pair of Air Jordan Fives on eBay, founder Daishin Sugano decided enough was enough. He launched GOAT in 2015, a fully-moderated reselling platform to prevent others from experiencing the same plight.

The total collection range offered is insane — with a whopping total of 230,720 items across sneakers, apparel, accessories and more to date!

Compared to StockX, GOAT allows users to sell both new and used pairs. Hence, buyers have the option of purchasing deadstock or secondhand items depending on their budget. New pairs come in either ‘Best Price’ (need verification), ‘Instant’ (already verified) or ‘Damaged packaging’. Used pairs are usually subject to availability.

Listings may also be tagged as “pre-verified” which means that the sneaker or apparel is ready in stock at their warehouse. Those without the tag would require authentication first.

Not to mention, their landing page’s UI/UX is uniquely eye-catching — replicating a minimal, retro feel with cleanly-cropped listing thumbnails and thin lines separating them for a clean look overall. It almost feels like you’re browsing an apparel catalogue in the early 2000s.

GOAT is the go-to reseller marketplace for all things branded and high-end fashion led by passion.

Pro-tip: If you’re using Google Chrome, add the Honey extension to your browser to unlock exclusive orders, greater discounts and cashback savings automatically.

This article was first published in SingSaver. SingSaver is a personal finance comparison platform that allows users to easily compare credit cards, personal loans, and insurance for free while helping empower people to lead healthier financial lives through increased financial literacy.

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