How to sell shoes on stockx
How to sell on StockX 2022 (Complete Beginners Guide)
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welcome to Gulfway live cops where I
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then let's get into it so one of my
favorite questions that I get asked all
the time is where do I sell the items
that I purchase online whether it's
sneakers or Electronics or random stuff
like sports cards and some of the other
low-key items that we do get through my
group and the question to that answer is
usually stockx so in this video I'm
going to do a full tutorial on just how
to make more through stockx how to
actually send products out and basically
just a full overall rundown of the
platform itself I've been using stockx
for many many years I'm the top seller
like is as high of a seller level as you
can get which we'll get into in a little
bit I am that and I do get instant
payout as well which will also cover
this video so there's a lot of perks to
using uh stockx which you see here on
the screen now one of the other
platforms that I do use eBay and it's
there's a very specific reason why I use
eBay and I'm just going to cover that
briefly because I do have a full entire
video on this channel so what happens is
obviously as a lot of you know the items
that I've heard I personally purchased
are items that are limited meaning that
they drop and then they sell out right
away and once they sell out the price is
usually substantially higher than when
people actually get this product in hand
meaning that after the product is sold
out people are willing to pay more of a
premium just to secure their item early
I don't know if this is fomo or why
people do this because if they just
literally wait a week uh the product's
gonna be cheaper 90 of the time and
they're gonna save money but with eBay
you're able to immediately sell the
second you check an item out so if it
hasn't shipped yet and it like you just
got it like the order confirmation came
through in your email and it's like a
week or two until you're gonna receive
the item you can literally sell it same
day on eBay okay you cannot do this on
stockx so with stockx you have to
actually have a label scanned into the
post office or not the post office ups
and you have two days to get that label
scanned so you can't sell a product that
you don't have in hand because you have
to actually have that item in a box with
label on it from stockx drop it off and
have it scanned otherwise you'll be
penalized so eBay allows you to capture
more profit not a lot but slightly a bit
more than you would be able to through
stockx and the reason why is because
eBay does have higher fees than stockx
so I have a full video on this but I
just wanted to explain kind of where the
mentality would come from if you're
going to use stockx over eBay and we're
going to cover all that in this you know
in this tutorial so when we come we're
just going to use the panda dunks for
example here so when we come to the
panda dunk page and you can do this on
mobile I'm gonna pull up my personal
stockx account here this is a a new one
we created but when you come here you
can see that when you click an item it
is a little bit of a different layout
um
let me see if I can get the camera to
focus
it is a little bit of a different layout
so this is going to be a lot easier to
use on mobile but for the purpose of
this video we are going to do it on
desktop it's very easy to take what I'm
showing you here and just implement this
into Mobile obviously but what we have
here is the panda dunk so we have a
place bid and a buy section Now on my
phone as you just saw we have a cell and
a buy section so on desktop it is a
little different the sell button would
be basically right here where the place
it bit is and then the buy would be
right here so the pie is the actual ask
this means that if you were to list your
product on year for 159 all the people
who listed for 158 would have to sell
first before your product was shown to
the public meaning if I were to come on
here and buy this product right now and
you had yours listed for one dollar more
than the buy your item would not sell
the way to quickly sell your item
unfortunately is to undercut by a dollar
dollar please do not be the person that
undercuts by ten dollars for no reason
at all but you know you can drop your
price a dollar if you're trying to get
it sold quickly and on an item like this
it probably will sell like almost
immediately because I think the uh sales
on these are like every few minutes yeah
as you see here it's like every few
minutes which is pretty crazy
um so you know you would drop your price
by a dollar so you can sell as we're
gonna click here
click I understand we're gonna do a jump
right
now keep in mind when what you're
watching here when you go and do this on
mobile you're going to be like oh this
all makes sense this is so easy to do uh
desktop is a little more confusing but
let's just say we have a size nine that
we want to sell so now now we have this
so once we hit sell on mobile or desktop
we are going to be presented with the
same screen here and I'm just going to
show you on mobile too
when I click sell
this page populates
stockx just being a little buggy give me
one second so this page actually does
populate on uh stockx as well as you can
see here
um
so we do have the page populated same
thing we're looking at on the screen
right so basically what we do is if we
wanted to sell now
uh we could accept a bit so the bid on
this as we see here is 153 dollars so
what I'm able to actually do is I'm able
to hit sell now and then just hit next
and basically accept that bid meaning
that the product instantly sells I don't
have to wait for someone to come along
and find my product and buy it I can
accept a bid anytime on any product on
stockx as long as there's a bid and as
long as I'm willing to take that bid as
my actual sale price on the item so if
we come over to ask this is what we were
talking about before uh the ask
currently is 159. so if we list at 159
or we list at 158 we are the lowest ask
meaning that the second someone comes
along and actually buys this product we
are going to get the sale so boom We
instantly sell the product the second
someone buys now if I come over here and
I list the shoe for 160 but the lowest
ask is 159.
uh I have to wait until all the 159 sell
and then my ask will be presented as the
new buy button for a buyer so basically
uh if you're impatient or you need to
get rid of the product quick you're
going to accept a bid and if you don't
mind listing it
um as I asked you know you can list for
the same price as the ask which is
recommended or you can undercut by a
dollar if you feel like undercutting and
that is how you sell so once you sell
the product and the sales went through
you're going to Simply go to your
history and we'll pull that up here on
my on my phone screen because it is a
little easier to look at we're going to
go to selling
um and we are going to go to pending
right so when we come over to pending
this is what it actually looks like so I
am able to track the product now at the
bottom of the screen here I'm going to
show it again at the bottom of the
screen you see there's a track button
that would be print so before the item
is actually shipped out you would print
that item so I did end up selling this
shoe for ninety dollars profit which is
pretty dope I was able to get this the
other day but once I print out that
label two labels are going to come out
so it's going to be the actual label for
the box that is the shipping label
you're going to stick that on the box
and the other paper is going to say put
this inside of the box so you're going
to actually put that either inside the
shoe box or you can just put it inside
of the Box seal the Box up put the label
on it send it out that's how you send a
product out once you send it out it's
going to say in your app that you know
the order's been it's on its way to
stockx uh if you're a new seller on
stockx you do have to wait for
verification to go through which does
suck
um the way stockx works is you need to
get 100 sales within a year and 25 000
in transactions and once you do that
you're actually able to message stockx
and say hey I meet all the requirements
for instant payout
meaning that once you drop that box off
that you just slapped the label on put
the paper in the box once you drop that
off at UPS that is what stockx uses is
UPS you're going to immediately get paid
out the second that label is scanned so
it doesn't have to get verified before
you get paid out because you've earned
that you know reputation with stockx
that you're a reputable seller so they
have no problem paying you your money
instantly which is also a lot cooler
than eBay because you don't have to wait
for that payout to come sometimes eBay
can take a couple days and if it's a
weekend you're waiting until like Monday
Tuesday to get that payout so you can
earn instant payout now typically what
happens with stockx is you'll start is
it at a 10 seller fee meaning that
you're going to get taxed ten percent on
any item you sell and as you rank up
from Level you know one two three four
so on once you rank up that percentage
is going to drop I think it goes and
it's been a long time since I went
through this process but I think it goes
for like 10 to 8 10 to 9 to three to
seven to six or something like that like
it just it drops As you move up the
ranks and then obviously eventually you
get that instant payout
so stockx is a lot a lot more beneficial
than a lot of these other platforms like
grailed eBay just due to the simple fact
that number one the fees are typically
lower if you get to the six percent fee
that is a lot cheaper than uh you know a
12 fee or 12-ish percent fee through
eBay the other thing is that you can
bulk ship so once you become a seller
level four you can bulk ship meaning
that you could send uh you know 20 shoes
in one single box to stockx and you will
get paid out all at once once that's
scanned at the post office so that makes
selling a lot easier and then one of my
favorite favorite things about stockx is
you don't get charged for shipping
labels so they cover the shipping label
uh you know meaning that you look you
know you sell a shoe for 200 bucks
you're probably gonna walk away with
like you know 180 190 profit if you did
that on eBay you're probably walking
away with 160. basically what I'm saying
is you're gonna get charged a higher
percentage through eBay and you're gonna
have to pay for your own shipping label
granted today during this video that
actually did just change where they are
going to start covering the shipping
label but the problem with that is
they're actually charging more to the
buyer uh than stockx is for shipping
labels so we'll see how that turns out
that did just happen literally like
today but yeah that's how you use
stocking it's very easy guys like when
you go on your phone you're going to see
like it's just basically like I'm gonna
list to ask or I'm going to accept a bid
and that's how you sell a product like
it's not very uh complicated and then
the instructions just to put the label
in the box is very simple so I hope that
helped everyone if you have questions
leave them in the comment below keep in
mind I do own a Discord group I run a
cook group we are a beginner friendly
group meaning that if you are new to all
this you're trying to figure it out you
know you can join the Discord and we
will help you we provide real one-on-one
support for beginners looking to get
into reselling sneaker botting You Name
It We Do It All We Do all forms of
Retail Arbitrage unlimited items so if
that's something you want to be a part
of we would love to have you I've
personally been botting for you know
close to seven years now so you know we
can show you the ropes uh just links on
the screen here in the description below
and I'll see you guys in the next video
later
