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Buyers can find sneakers at less than the retailprice, making it an attractive purchase for them, especially for a serious sneakerhead! Once a product is sold, you’ll ship the product to StockX to complete an authentication process before it’s sent to the buyer. Shipping the Items for Authentication.
But when StockX launched in 2016 it made reselling goods even easier. Traditional retailers are not sitting back watching this market grow. After a sale is made on the platform the seller has to send the goods to one of StockX’s authentication centres before the goods are shipped to a buyer.
We see this happening in the retail industry all the time. When Amazon first introduced free shipping in some parts of Europe, they saw a significant increase in sales for all places except for France. That is up from 57 percent in 2016. . Social media is growing and retailers cannot afford to ignore it.
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