StockX Reviews on Reddit since several days ago show that people aren’t all satisfied with the recent trends in the company.
Prior to a recent overhaul — StockX removed the authenticity tag on its products —, different shades of catcalling have been hauled at the company by some customers.
StockX Reviews Overview
You can see comments on the official Twitter handles that read:
“This is word salad nonsense. You didn’t say anything. You’ve made your practice less transparent and instantly more suspect.”
But the bulk of the comments isn’t all negative. Apparently, other users find the products to be consistent. If you checked StockX Reviews on various consumer feedback platforms too, you’d come across a similar reaction pattern.
More takes on the verification tag issue keep surfacing, with the biggest complaints coming from this Reddit section. Here is a summary of the reported incident.
An item (specified as a Travis Scott Jordan 4) purchased from StockX was earmarked for restocking and short-selling by the customer. This practice is common if a purchased product passes the Verified Authentic test run by the company.
On listing the shoes, though, the company rejected applicable deals in such cases, citing that the sole threads had begun to wear off.
Coupled with the fact that the said customer already paid (no receipts were attached to the post) charges — this would be about $187, which is 15% of $620, the original price tag at the time it was bought —, the whole deal comes off as a disappointment.
Also, we’d like to mention that although this report isn’t just a mere blip, it is still intended to highlight an emerging trend within the company. And this is some aspect of it that doesn’t usually make it to headline StockX Reviews.
The good thing about the feedback (especially the negative ones), despite how serious they sound, is that most of the reporters have been patronizing the company for years.
The quote above is immediately followed up by another Twitter customer who claims to have been buying shoes from StockX for 10 years.
Generally, StockX Reviews give favorable verdicts for the products, and the company does seem to hold up to this light. Regardless, some intending buyers would still want an honest concise review of the company. So, our article explains this bit. Read on below for details.
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StockX Reviews: What Is StockX?
First, StockX is an e-selling (online listing for retailers, essentially) platform where sellers can list products with the description, pricing, and any discounts attached. Usually, there is a charge for using the site.
Located in Detroit, Michigan, StockX was founded by Dan Gilbert and Josh Luber in 2016 as an accessories brand, although the major product is mostly shoes. After years of steady growth and overall progress, the company has since increased the catalog margin, coopting many other items.
Available StockX products include the ones below.
Watches — with a discount for orders above a specified threshold
Shirts & Hoodies
Sneakers (shoes generally)
Personalized products, including outdoor footwear, handbags, Apple Watches, etc.
Handbags (it could be luxury or not, depending on the preferred listing)
There are so many other descriptions, each with unique taglines. However, practical wares and streetwear tend to get the most conversions. People would casually pick a sneaker for various purposes, ranging from work, sports, or leisure strolls.
As proof of the brand’s success, Trust Pilot StockX Reviews record over 6 out of 10 ratings, showing that most of the consumers are happy with their purchases.
Recording over two million dollars ($2000000) in sales per day — also, catering to over one hundred (100) countries —, along with three times its staff since it was founded, StockX has been announced as the number one best sneaker reseller in the U.S.
It looks to replicate its sterling achievements in other parts of the U.S., apart from Tempe, AZ, which must be the cue for the typical job placements that the company puts out from time to time.
Access StockX Coupons
Most StockX Reviews have appreciable coupon feedback from buyers who have redeemed good deals via the promo.
So, the rating on this aspect is above average. Here is a sneak peek into the discounts and coupons on a few of the products (visit the site for the complete offers).
$100 Off Orders on Any Type of Watch
Regardless of the brand or quality of the watch that gets listed on the platform, purchasers get to enjoy a $100-off deal. Often, there is a further promo upon announcing a new listing, and this allows the buyers to enjoy additional benefits.
Apart from these fixed discounts, other takeaways are rolled out from time to time — this really depends on the policy bent at the time.
Specifically, buyers get up to $300 off for orders exceeding $3000 on advertised watches.
$50 Off Orders on Any Type of Handbag
As we mentioned from the start, sneakers aren’t the only products that make it to the platform. You can get accessories from the relevant categories, depending on the type of brand you look to purchase.
From StockX Reviews on Trustpilot — check the official site for actual time-based uploads of products in stock —, you can infer that luxury bags get listed a lot on the site.
People tend to own such quality stuff briefly, then list them for resell. It’s a mimic of the timeshare concept, although this goes on without any bothersome legal overtones. One simply buys an expensive product, uses it for a time, then puts it up for sale on StockX.
The point is that if you look long enough (and in the right catalogs), you will come across the sort of handbag brags you wish to buy from StockX. And they come with discounts and coupons too!
For one, you get $50 off orders on any handbag. The more expensive and highbrow the product, the higher the probability that it has a big coupon or discount offer.
Pros & Cons
If you go through StockX Reviews online, you probably get the impression that the site is reliable and keeps in good faith. However, there are still some pockets of complaints, although the pros far outweigh the cons.
Pros
StockX offers legit products
The company has been in business for a long time, with a consistently high consumer trust score.
It offers various discounts.
According to most reports, StockX seems to deliver on time.
Further, it offers a Verified Authentic tag on products — until recently.
The products are cheap
StockX charges 10% per sale, which gets trimmed down as further sales are made.
Unlike the predominantly online stores, StockX has an actual warehouse in New York.
The offered products are various — Jordan, Reebok, and a variety of slides.
Over the years, the company has attracted reputable investors, including Google Ventures and Salesforce.
StockX is a close competitor of eBay.
Cons
Although the feedback from customers has been largely positive, other StockX Reviews aren’t so appreciative of the uptick in product ratings. Some buyers have had bad experiences purchasing shoes from the site.
You can see reports from buyers about the delivery of fake shoes, despite the Authentic Verified tag on products.
After sustained complaints about the many fake pairs of shoes bought on the site, StockX (stating this as only a policy review) announced it would remove the tag.
Many buyers don’t get what they ordered
Deliveries don’t always arrive early
Increasing reports of scam — although most of these hasn’t been verified
Conclusion | Is StockX Legit?
StockX has solid investment backups, a growing valuation, and an expanding business corridor (going from its modest start in Detroit to other locations in the U.S.).
Going by all these details, including the fact that the company has consistently provided good products since it was founded in 2016, StockX Reviews apparently have the right verdict on the platform.
Verdict:
StockX offers legit products, although there are pockets of complaints that it needs to address.
