what percentage does stock x take

What percentage does StockX take for each transaction?

For each time a transaction is made StockX collects 8% to 9.5% depending on seller's level and a 3% processing fee of the sold price. Create New Spreadsheet

What percentage of StockX buyers are international?

Fifteen percent of the company's buyers were international, as of September 2018. In January 2019, StockX partnered with celebrity jeweler and influencer Ben Baller to sell 800 pairs of black and red slides directly to the public, marking the company's first "initial product offering" ("I.P.O.").

How does the StockX fee calculator work?

Our stockx fee calculator will automatically calculate and re-calculate as you enter and change values. Visit often? Our stockx fee calculator saves you time by automatically saving your last entered numbers and options so you can pick up right where you left off. Note that all data is only stored locally on your browser.

How should I price my items on StockX?

On the seller’s side of things, the same approach applies: Sabir advises listing your items for slightly higher than the current market trend. “StockX takes a percentage of your fee,” Sabir says. “So I’ll usually put items up at a price which is a little more than the market price, with the StockX fee on top of that.

How much does StockX make per sale?

#1. As mentioned above, StockX facilitated more than 7.5 million trades totaling over $1.8 billion in gross merchandise value (GMV) on the marketplace in 2020. Of which, StockX earns a commission fee on all of it. Commission fees vary between 8% to 10% depending on the seller's level.

Does StockX have hidden fees?

With StockX's all-in pricing, there'll be no surprises from extra charges when your item arrives at your door. With StockX's all-in pricing, there'll be no surprises from extra charges when your item arrives at your door.

How can I reduce my StockX fees?

By selling 3 items or selling a total of $500 in gross merchandise value in a calendar quarter, you can achieve a lower seller fee. You can level up and earn a lower seller fee at any point once you meet the sales requirements for the next level.

How much does goat take from a sale?

The amount of the commission fee is 9.5% + seller fee for a seller in good standing. The commission fee can increase to 15% + seller fee and a maximum of 25% + seller fee depending on the number of seller cancellations and verification issues, as described in more detail below.

Investomatica's StockX Calculator

A modern, clean and dynamic interface that's easy to use and works just as well on mobile phones as it does on desktop computers. No need for a separate and clunky app on your phone that wastes your storage space.

Special Notes

Prices on stockx require a whole dollar amount without any cents. For example, setting a price of $11.05 would not be allowed while setting a price of exactly $11 would be. It's part of their premium brand image and philosophy. As a result, our calculator only accepts whole dollar amounts for the "sold price" field.

What is StockX?

StockX is an online marketplace for buying and selling 100% authentic, high value, high end, and sometimes rare items that include streetwear, sneakers, electronics, collectibles, trading cards, and accessories.

What makes StockX special?

The stockx platform is unique with their focus on ensuring that all items are 100% authentic and in almost pristine condition. To accomplish this, sellers do not sell and ship directly to buyers. Instead, sellers list items and when an item sells, they ship to stockx.

How much does StockX take in fees?

Selling fees on stockx are relatively simple with three main types. They are the transaction fee, the payment processing fee, and the shipping fee. Both the transaction fee and shipping fee will vary based on several factors, but the payment processing fee is a simple flat rate of 3% of the item's selling price.

Notes about VAT

Some regions outside of the United States may impose tax on the transaction in the form of Value Added Tax (VAT). VAT may apply on both the revenue and the fees. If these apply to you, simply toggle the appropriate VAT field in our calculator.

StockX Calculator Disclaimer

Investomatica is not affiliated, associated, authorized, endorsed by, or in any way officially connected with stockx.

StockX Seller Levels

The more you sell on StockX, the lower your fees will be. We have put together clear standards for how to lower seller fees on StockX through good performance, so you are rewarded for more activity.

An Example of How To Lower Seller Fees on StockX by Selling More

Sam creates a StockX account on April 2, and since he’s new to StockX, he starts out in Seller Level 1 with a seller fee of 10.0%.

How to Lower Seller Fees Through Great Performance

Sellers in Level 4 and 5 can qualify for an additional 2.0% off their seller fees by adhering to performance standards that benefits the overall marketplace.

Here's how it works as a buyer

There are literally thousands of items to choose from on StockX. Once you find an item you're interested in, you can either buy it immediately for the current lowest asking price or submit a bid and wait for one of the many sellers with the same item to accept the offer.

Here's how it works as a seller

You have an item — let's say a luxury bag or a pair of sneakers — that you want to sell. Search the item on StockX and select the size you have. From there you, can sell it immediately for the highest current bid or submit an asking price and wait for someone to pay it.

The middleman feature is great for security, but what makes the website like a stock market?

For every item listed, StockX has tons of usable information like release date, retail price, how many units have sold, previous sale prices, and more. The data can help you as a buyer to better assess the market so you'll never overpay. And if you're savvy, you'll learn to use data on previous releases to predict the value on future releases.

Start buying and selling on StockX here

Amir Ismael is a senior reporter for Insider Reviews, Insider's e-commerce branch of the service journalism team. As a collector of sneakers and fashion, Amir is passionate about all things related to style.

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How much does StockX charge?

StockX charges a 3 percent processing fee for all resellers, and a 9.5 percent transaction fee for new users, which decreases with experience. Prior to the company's expansion into Europe, StockX only advertised in the United States and accepted U.S dollars.

What is StockX a stock?

StockX features a " stock market -like" variable pricing framework and discloses price histories for specific items. StockX is most known for sneakers and streetwear but also carries other clothing and accessories such as handbags and watches. StockX surpassed eBay in total sneaker transactions in 2017.

How many employees does StockX have?

The company has more than 800 employees, as of August 2019. StockX is among the fastest-growing startups in Detroit and Michigan, as of late 2018. In addition to the One Campus Martius office, StockX has an authentication facility in Detroit's Corktown neighborhood. Prior to the authentication center's relocation in June 2018, ...

What is StockX business model?

Business model. StockX serves as an online marketplace, facilitating auctions between sellers and buyers, then collecting transaction and payment fees. Sellers send purchased items to StockX facilities for inspection and verification, then authenticated products are shipped to buyers.

What is StockX online?

StockX. StockX is an online marketplace and clothing reseller, primarily of sneakers. Since November 2020, it has also opened up to electronic products such as game consoles, smartphones and computer hardware. The Detroit-based company was founded by Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman in 2015–2016.

Where is StockX headquarters?

StockX opened its first international headquarters in London in October 2018. Scott Cutler was appointed chief executive officer in June 2019.

Where is StockX located?

StockX currently has international offices in London, UK, in Eindhoven, the Netherlands, and has authentication facilities in Detroit's Corktown neighborhood, Moonachie, NJ, and Tempe, AZ. Scott Cutler and Schwartz serve as chief executive officer and chief operating officer, respectively, and Deena Bahri became the company's first chief marketing ...

What is StockX?

StockX is the place you go to find (or sell) the world’s most lusted after-sneakers and a whole lot more besides. It has exclusive drops to end all exclusive drops, and it’s grown so much that when hackers recently targeted the site, a reported 6.8m users may have been affected.

Who are the early investors in StockX?

Early investors included Eminem and Mark Wahlberg; everyone from Lebron James to high-end jeweller Ben Baller have since released items through the site (billed as ‘IPOs’, Initial Product Offerings, due to the fact that customers’ bids set the price). Morrison joined last year, when StockX expanded into Europe.

Is StockX a billion dollar company?

Fast forward to 2019, StockX is a billion-dollar company, one that is eyeing further expansion. Not bad for a shoe shop. Although it’s not just shoes any more – the site has expanded to handbags, watches and streetwear too.

Here's how it works as a buyer

There are literally thousands of items to choose from on StockX. Once you find an item you're interested in, you can either buy it immediately for the current lowest asking price or submit a bid and wait for one of the many sellers with the same item to accept the offer.

Here's how it works as a seller

You have an item — let's say a luxury bag or a pair of sneakers — that you want to sell. Search the item on StockX and select the size you have. From there you, can sell it immediately for the highest current bid or submit an asking price and wait for someone to pay it.

The middleman feature is great for security, but what makes the website like a stock market?

For every item listed, StockX has tons of usable information like release date, retail price, how many units have sold, previous sale prices, and more. The data can help you as a buyer to better assess the market so you'll never overpay. And if you're savvy, you'll learn to use data on previous releases to predict the value on future releases.