Stockx vs goat reddit selling

Stockx vs goat reddit selling. Tldr: stockx has more competition amongst sellers driving down prices. Also stockx has more fees than goat on both the buyer and sellers end, this makes it where goat customers can buy/sell shoes at a higher asking price while staying competitive with stockx customers. GOAT has probably the best authentication process & a great reputation for shipping on time & securely. I live in Cali, and GOAT is cheaper as they only charge tax and shipping while StockX adds a "processing fee" 😂. Quarterly Sales Required. Hence, in the battle of goat fees vs StockX fees — StockX won. Authenticity and customer service. Goat and StockX are relatively interchangeable. That’s StockX for you. Under the Payout Info section, click Edit. StockX and GOAT are pretty equal to me. GOAT and eBay operate similarly. I’ve bought many pairs from them. Oct 1, 2023 · GOAT charges $10 to ship goods within the United States and between $30 to $40 to other countries. The more volume = the more amount of errors and fakes passing through. More sales. Plus Goat accept afterpay if you’re in the US. What are your guys’ experience with GOAT and/or StockX and which would you recommend more? 4 Share. I love the details Stockx have about the shoes compared to Goat. You can see last sell prices, the chart that show the price of the shoe overtime, average sell price. After it was confirmed, I started checking the GOAT app about once a day to see if there were any updates on the order. ebay. Edit: for clarification the picture tagged as 3/10/2021, is a pair I have at home that I sent them (sent them the PICTURE of the used shoes 1 day ago · GOAT CLEAN. r/SneakersCanada A chip A close button A chip A close button For the service and the authentication, StockX takes about 12-15% of the sale as their costs, depending on your seller level. GOAT’s QC process seems to be lacking. EmuIntelligent4698. 12 votes, 17 comments. I'm sure they are both good, just felt like going with GOAT this time. 9% cash-out fee along with a 9. I've ordered 100K+ of valid merchandise on StockX, GOAT takes a bit longer to authenticate and ship from my experience, and eBay is probably the most trustworthy authentication wise, but I probably say that because you see the item photos and the seller's reputation beforehand, and StockX is a sneaker resale platform that was founded in 2016 by Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman. A commission fee is only charged when an item sold with GOAT Clean is purchased. • 2 yr. 5% plus $5 shipping, so $47. be/lrevzioLYwECheck out StockX Goat and eBay: StockX: https://bit. 2 Products. Etc. Quarterly Sales Required: 200. Quarterly Sales ($) Required: $100,000 (USD) Base Transaction Fee: 7%. This is why I literally only use Stockx to buy clothes here and there. Finally, let’s discuss the fees. They both have issues at times but are usually very reliable. Yes they have different factory’s all over Asia to help with production. You'll only hear complaints from people who've had problems, and stockx does seem to do much higher volume than goat, especially after they expanded to more than just shoes, so it's normal that you'd hear more complaints with stockx. Level. But sometimes even then goat will have better deals. Stockx is reliable in terms of the percentages of real vs. It shows $50 dollars less but when you go to check out it’ll be more than the goat. StockX vs eBay. GOAT. It's quicker and easier to set up, especially if you are a new seller, also if you sell large quantities the fees will go down. Duties and fees will murk you. But they're both Stockx usually ends up being cheapest for me. While GOAT fixed the charge at a 9. – All items are authenticated by their team. 5% commission fee, in addition to a flat $5 seller fee in the US. The OG eBay dwarfs StockX in size with over 1. Reply reply. Ebay: Sale Price: $300. To further this, if your shoes do not make it to stock-x the onus is on the shipper and shipping company to handle the lost item. I have had a couple of quality issues with shoes from Goat and they have always refunded me (in Goat credit) and that is a big plus to me. -Only deadstock shoes. Stockx is usually more expensive most of the time. Seems to have a good authentication process & you are able to communicate directly with seller. StockX charges $13. – Often slightly cheaper than GOAT. the same thing is present with goat transactions. The platform is similar to GOAT, but it also allows users to buy and sell other items, such as streetwear, watches, and designer handbags. ly/2SOEovwGoat: https://bit. 95 for shipping in the United States and between $30 to $40 in other parts of the world . I had a pair of L&F go from 340 to almost 500 on goat just because I live in California. 5 billion listings across every category imaginable. 5% decrease is after 30 sales, and the final one is after 100 sales. If you compare prices with Goat and Stockx. I open a ticket to attempt to talk to them about the incident and they say they are 'right' and can't help me basically. And Goat has a used section Edit and most sneaker stores are ridiculous higher than most online shops. Fortunately, the least transaction fee is 8. Ebay and goat are cheaper if youre in a penny pinch because its absurd the amount stockx charges for “processing fees” Reply reply 1anonly_fr StockX will just send you sneakers without the laces. stockx matches you with canadian sellers. However last purchase of J's I received I didn't like the finishing. But a quick look at both websites reveals that shoes on GOAT are costlier than those on StockX. I prefer Stockx as a seller and for higher dollar shoes I prefer GOAT as a buyer. 1 GOAT: Introduction. These changes are to shore up shitty 3rd party companies that cause un-needed delays I would assume in reaching their verification centers. I would like to buy the Jordan 1 low black tor OG and I don’t know if I should buy from StockX or goat. ca is also a great alternative as long as you filter location to Canada. Their fees are wild though. – Offers over 250k+ items. GOAT has way better customer service and I really only trust them and eBay. I've dealt with both companies and they're fine. 7 billion in July. The largest subreddit is /r/beermoney and is great if you are an American redditor. This. The fee decreases as you increase your reputation on the site, i. •. ⚠️Verdict: Near impossible to progress⚠️ 🛑To increase Seller Level: (Listing Limit Vs. If you decide to give stockx a go and want some guidance feel free to DM me anytime :) I use both. Goat has been working great for me and they get me shit pretty fast lately. Stadium Goods. Goat is generally more expensive because there are lower fees for sellers if you don’t cash out to your bank account. Try it “review your order” on both apps to get the final price. Yes, very reliable. #GotItOnStockX… I watched a video a while back about how people are quick to support the big companies but won’t pay resell at their local stores and how that was an issue and whatnot. They’re reliable and easy to deal with in my experience. However, fakes are rampant and buying/selling involves StockX or Sneakercon are alternatives. StockX - The live marketplace of current culture. You can probably sell something faster there it since it will more likely have more traffic I use Goat now because I simply do not trust StockX. I just bought the AMM 4 on Stock X because it was cheaper than on goat. But it's really just a preference. It's easier to sell on stockx, and it tends to attract more amateur sellers who are fine with undercutting each other and selling for less of, or no, profit. eBay has been getting popular lately. A useful feature that is available in GOAT is “Order Progress” which allows you to track the order throughout the process, from the Feb 13, 2020 · StockX vs GOAT Fees. Both are cheaper than StockX's fees of 10% and $9, but still pricey. 5% which reduces at a rate of 0. Contents hide. StockX and stadium goods. No business has 100% satisfaction. Sep 8, 2022 · StockX. Overall it’s a personal choice if you prefer GOAT or Whichever you want. Also I for some reason have more faith in their legit check department than stockx. 1. Ebay, goat and stockx. I'm in canada Buying a pair of airforce 1s LV8 on goat. If you could get a pair of shoes for basically the same price on either StockX or GOAT, which would you default to and why? I’ve used solely StockX… Skip to main content. I had to file a claim with my bank for both of my orders. And sell them for upwards of double triple 5 or ten times the price on their platform. • 1 yr. They both have their own positives and negatives. So, they don't sell the shoes, as much as they are the largest middleman in the sneaker game today. Apr 10, 2023 · Sellers start by paying Goat a 9. There are a fair amount of fakes that get through. Imagine if Wall Street and a sneaker store had a baby. If you're looking for a specific pair of sneakers, ide check on both sites to see which one is selling for a lower deal. i'd say the fees are just higher on stockx, at least thats my experience personally. I use stock x as a price reference primarily, but I’ve had good experiences on both StockX and goat. The app is way more detailed. I get my shoes way faster from StockX for cheaper (in size 13 at least). F*** GOAT. (also they have supreme now) I prefer goat as the sales are better and faster. Is there any additional fees that I need to consider. Depends on your shoe size. As a platform I like StockX more, but its hard to beat Ebay's current deal. Stick with StockX. Yes it is. An shoes take Hella long to reach you. The next 0. 68 (assumes 7% sales tax) Promotion Fee (2%): -$6. The better the performance, the lower the Seller Fee. 98. It’s not stock x necessary that’s the problem. -Prices usually not as bad as GOAT. Shipping worldwide. Goat has less fees allowing customers to buy/sell at higher prices. With that being said they are both good for each. Also, do they properly verify shoes because I've seen bad reviews. KanoSupreme. Lastly, StockX prices tend to be a little cheaper than GOAT. Jan 24, 2024 · For buyers and sellers, StockX generally beats GOAT on price and speed whereas GOAT wins on service and interactions. – US domestic shipping costs $14. Goat caters more towards professional sellers because while they charge fewer fees, they make you jump through more hoops to sell. Posted by u/t58c - No votes and 3 comments Goat is faster to me and sometimes the fees get too crazy on goat. ago. -Sellers more willing to "negotiate" aka come to a meeting point. Firstly, I want to know how legit goat is. Yes, reps are going to get through. GOAT is NOT being greedy like StockX because they take 2. This was before the issues. Both places charge the same price for shipping ($40CA), but I found StockX import fees to be slightly cheaper (and I mean slightly, like $20 or $30). StockX is known for its transparency and data-driven approach to sneaker resale. – Doesn’t offer bidding on products. Jan 7, 2023 · When entering the world of sneaker botting and reselling, it can be difficult to know where to start. Stockx shoe might be cheaper but they have a few extra fees which is about the same or sometimes more than Goat. StockX has no customer service whatsoever and will very rarely fix any problems you have. Shipping is free for sellers on StockX in the US, not sure about eBay though. Best you can do is maybe get GOAT credit. Scan this QR code to download the app now. Lower than StockX. i want to list an item on goat but was wondering what shipping carriers they use with their prepaid shipping label. StockX stands out for authenticity assurance and superior customer service, crucial for both buyers and sellers in the sneaker market. 4% greater payout. Founded in 2015 by the dynamic duo of Josh Luber and Dan Gilbert (you might know him as the co-founder of Quicken Loans), StockX calls Detroit its home. Ultimately, GOAT and STOCKX offer services that put them high among buying and selling of sneakers and other goods. – Better navigation and filters compared to StockX. Ok I was asking because some jordan 1s say they’re made in Vietnam as well. For example, Walmart would get more people returning faulty products than a mom and pop store. 5%. Open menu Open navigation Go to Reddit Home. 48K subscribers in the stockx community. Reply. -No refunds whatsoever unless there's an issue like damaged package probably. The commission fee includes the seller fee, cash out fee, and shipping. – Has a 3-day return policy. 9% which mean I should get somewhere around £210 but Im not sure it seems too good to be true. I have bought from both StockX and GOAT and I prefer to buy from GOAT because they actually authentic every pair of sneakers. For anything $300 or less, StockX. am i able to choose which shipping carrier i want to use or do i have to go with whatever carrier the label goat gives me? also, the website I live in the UAE, and like to order from Stockx. ebay is nice because you can see the shoe beforehand but goat is my goto because generally more availability for me. I do like that I can use PayPal with StockX to back up my purchase. I live in Canada and goat is a bit more expensive but any suggestions? StockX vs GOAT vs eBay (CANADIAN experience) - Which one is best for Canada?: If you guys are anything like myself, then you’ve probably wondered where to buy authentic sneakers for the best prices in Canada so I made a video about it! GOAT on the other hand, would take say 9. StockX takes less time than StockX, but GOAT can do the same. Photo Attached. eba What are the fees if I sell from EU on goat or stockx, are there any hidden charges, or should I just try selling in on reddit? Which would be the most profitable? Also, do I have to cover the shipping and fees, or does the buyer do this? Aug 22, 2023 · The StockX Seller Program establishes Seller Levels and provides clear performance standards for Sellers. TL;DR - Sold a pair of new sneakers, GOAT says they're not new. 00 (buyer pays, fixed amount of $14. 50 fees/shipping is $447. eBay generally has the best prices… it’s a lot easier to make offers as well. GOAT), it’s possible a question on perceived quality service/trust can come up in say a quarterly board meeting from investors with The Goat Canadian seller shipping fee is a bit higher, and when you list the “earnings” amount you see does not include the 3% processing fee. Both platforms have seller fees, and several factors, like the quality of the sneakers and the location of the seller and the buyer, determine the final price. 5% transaction fee with a 5 $ additional fee, in a word, if you sell 1000 products in STOCKX, you will have to pay about 140$ compared to that in GOAT, you will have to pay around 129$. Well, StockX has a fixed transaction fee of 9. In your opinion is Stockx or GOAT better or is there any other alternative? View community ranking In the Top 1% of largest communities on Reddit GOAT vs StockX - Which is better? GOAT seems a lot more popular, but only select people can sell on GOAT and the StockX site seems a lot better. Process faster and better deals, also you can msg seller for more pics or even see if they'll drop prices. At what point do StockX/GOAT just cease to be worth selling on? Shoe was released 1 day ago and the market has tanked this much. An industry that encourages dudes to get as many shoes as they can get their hands on for retail price at the release date. Some Yeezys especially have just really, really good reps being made. charlie_bites_hard • 6 yr. ; GOAT offers a robust verification process, making it a secure choice for resellers, especially with its allowance for used sneakers. StockX has the worst rep of the sites you listed. Read more on how to Get Gum off Shoes. VERDICT. I would say goat is great for sellers because of the higher payout . I think they charge that premium because it's instant and the shoes aren't sold by people but rather come pre-authenticated from the store so 0% chance of receiving a fake unlike GOAT/StockX. Award. 5% based on the number of sales. GOAT requires a 2. They mess up on occasion but not anywhere near as often. As you can see from the above calculations, selling the shoe on Ebay as opposed to StockX yields a 4. the 3% on stockx is the PayPal fee. They're sites that people like you and i sell on and the company makes sure it's real. I started out using stockx. Level 5. This results in a safer, healthier, and more reliable marketplace for everyone. Also you can get refunds on both goat and eBay. -Unprofessional service. If you are a Seller in the US and have reached the $600 threshold since 2022, you will need to input your TIN into your Hyperwallet payout portal by following these steps: Log into your StockX account. With just three deals, the fee drops by 0. StockX has a fixed transaction fee for all sneakers, which is 9. GOAT is the parent company of Flightclub. – Sellers can list used and new products. As robalesi. skiddlymcdoodlybop • 6 yr. Required Sales to progress) Level 1: Ask limit $2000 - must sell $1500 of that to progress ️ Level 2: Ask limit $5000 - must sell ALL $5000 to progress ️ Level 3: Ask Limit $50,000 - must sell $25,000 to progress. Jun 3, 2022 · While GOAT Charges a seller with a $5 fee, a 2. There are two ways to sell on StockX: placing an Ask or Selling Now. If something goes wrong with StockX the answer is always "Well, you can sell them back on the platform" Goat usually comes out cheaper as well, StockX StockX is ~9% depending on your seller level, plus 3% for credit card processing. ly/33Q44KveBay: https://www. Compare price first. You can always sell on GOAT and new with defects. I wish you could make offers on new without box pairs on goat, like on ebay, but thats really the only downside. I paid 226 on top of the cost of my shoes then only time I used goat for resell. And StockX to purchase . StockX will pay you your compensation once they have verified the quality of your shoes. StockX, on the other hand, has a $9. They're the same. So goat or eBay is the main spots to go to. So starting off, I placed an order as usual, for a NEW pair of shoes. Quarterly Sales Required: 800. But I still check ebay and goat. If you sell more, you level up and your fees go down a little bit. with Stockx its like bullshit fees plus shipping that comes to around $60-80 on top of the listed price StockX has a bit higher processing fee, GOAT is just shipping fee and tax, and eBay is pretty damn solid too. Its better for the seller on GOAT because selling prices are normally higher than StockX. I'm buying from Australia and for goat i just need to add $25 AUD for shipping on the listed price - thats it. StockX: -Awful awful support. Whereas when listing with StockX the “earnings” amount includes all fees. The problem is as a whole stock x thrives off of the resell industry. More sellers. i have a usps near me. I like that goat charges the listing fee and shipping straight out of the sell price, with ebay you get a monthly statement so it can be a little bit of a hassle. Both have mixed reviews from what I’ve read and I’m assuming most people have ordered from both or one of the two places. Think of it as a mix of Grailed and StockX. Goat can lick a bag of d*cks. sorry if this isn't related to stockx but i am new to shoe reselling and i had a question about selling on goat. Lastly, what do they mean by New/Missing Lid and how long does it take for them to do the verification before they send the shoes to me. Hey all I'm trying to get this pair of DS Kobe 6s and the price on stockx is almost half of the price on goat I've read a few sketchy things about… i sell on ebay and goat(not stockx but similar) and like both. Yes. . I believe they were fakes. Go to your Account Settings. 50 + $5 are the fees/shipping, $500 minus $52. On the other hand, the GOAT platform fees differ based on location. Quarterly Sales ($) Required: $25,000 (USD) Base Transaction Fee: 7. Ordered one pair a month ago and haven't gotten them yet but I'm sure other people have had great experiences with GOAT, just not me. They operate via listings made by third party sellers who use their platform and list / consign products. Or check it out in the app stores Jul 12, 2022 · StockX also pays you more. So price depends. Jul 9, 2022 · Cost Comparison. You can see what past shoes sold for and how many shoes are listed for sale in each size (GOAT only shows you the lowest priced shoe). These individual sellers can set their own prices so prices can vary greatly day to day. Goat vs StockX Newbie here. 50 that would actually be transferred, so they take $12. Share. You will be directed to your payout portal in a new tab, powered by Check Out Part 1: https://youtu. Grailed still has a place for legit luxury goods as StockX has such a hard time authenticating these pieces accurately (to be nice about it). marky5252 • 3 yr. 00 (seller determined, not necessary at all) Shipping: $0. It’s the place That probably has a lot to do with the fact that stockx sells a lot more volume than other services like goat. It does, however, still have its pitfalls and is by no means a perfect system. However GOAT are more expensive but apparently more reliable when it comes to authenticity and customer service. 00 Final Value Fee (8%): -$25. A full list of minimum Seller fees for each region can be found below: Please note: For Sellers in the following supported countries For the shoes I just bought from GOAT they were $4 difference but since shipping from StockX is more basically 5 cents cheaper for me to use StockX so I just thought which one I trust more haha. So selling the same sneaker on both platforms for the same price, you will earn a bit more on StockX. Unhelpful. Stadium goods is more expensive in general. -Very fast authentication and shipping out. Ive sold two pairs on GOAT but it still wants pictures and it never works. 50. . Imo eBay is a much better platform now to sell or buy your sneakers from. My thing is though, local resell shops are usually WAY over StockX prices and the like. 5% commission fee, the stock X brand charges a seller only a 10% transaction fee along with a 3% payment processing fee. Poshmark takes a flat 20% of Alias/GOAT has had me the past 18 months or so because of all the info and ease of use, but fees are so high that this is exactly what I need to come back to StockX as a seller. In the US it stands at $5 but increases to up to $30 in other regions. Goat: Is StockX Really Better Than Goat? StockX: Wall Street Meets Sneaker Street. 95 maximum transfer fee. I've found sneakers for a much lower asking price on stockx than ebay and vise versa. Ok_Preparation_7821. Also goat has a return policy (for credit if you change your mind) GOAT. stadium goods overpriced as fuck, goat and ebay the best 2 out there imo. Immediate gratification is what people want, and there are a lot of people who are willing to pay for convenience. GOAT is good HOWEVER if you buy used shoes from them if they are fake and they don’t catch it as long as they match the listing your screwed. jas_9405 • 3 yr. So StockX has the upper hand in terms of affordability. But yes I understand people can get them before the release mostly friend and family, with tht said theres usually 100 pairs being sold 1-3 months before they have released anywhere in the world, IMO i think it would even drive the demand up and maybe price if the site were to now allow an actual sale until the They are two separate buying & selling platforms. I always keep some bids on stock x too just in case but a little more hiked pricing. I use both platforms equally depending on the product. You just pay a little extra to have peace of mind knowing they're not fakes. 95) Total Payout: $268. So for any expensive purchases I rather pay a little extra and go with GOAT. That being said, I've used stockx 3 times. , make more sales. For STOCKX there is a 9. This also makes it worse for the buyer since you can get the same shoe on StockX for cheaper. GOAT works the same as stock x, i trust goat more because less fakes get through goat, you might have the occasional fake come through but more fakes come through stock x than goat. you will 100% get duties from Goat and end up paying more. If you’re going for high resale price releases, it might give you greater peace of mind to go through GOAT since they aren’t as notorious for letting fakes slip through. e. Real talk. I ALWAYS use Goat to buy and sell shoes because they give you more options of selling other than "dead stock". Sneakercon is prob best at legit checking each shoe, but their stock is often limited and priced a bit higher. Nov 6, 2021 · Goat now has a reported 600 employees across its Los Angeles and New Jersey offices, and was valued at US$3. But right now eBay takes the cake. In this article, we will talk about how GOAT and StockX came to be, the pros and cons of both sites, and how to get started on the sites. Whatever place happens to have a guy selling your shoe at the moment you're looking. Stock-X has 0 control until they receive the item. In this subreddit we gather and focus on all the opportunities that exist around the world to earn some money online. An Ask signals your intent to sell - it is a listing designating the specific price that you are willing to sell your item for Based on analysis and reviews selling on GOAT is better because you are allowed to sell used sneakers and also at a lower seller fee while STOCKX only focuses on new products. I’m not sure how much an impact this would have, but if investors from GV and Battery are made aware of a number of instances StockX is slipping (and assuming it coincides with reduced customer growth vs. So, yes. For items with a sale price of $350 and below, the commission fee is 30% and for all other items, the commission fee is 25%. Oct 13, 2023 · StockX vs. More buyers. 9% off the $447. But goat even better than stockx cause got has instant shipping. Yes flightclub is legit they been around since 2006. Example: a shop in the mall wants $335 for Jordan 1 Pollens, they’re $220 elsewhere. Grailed Off-White x Nike Air Force 1 Mid from reseller website Grailed. Never heard of or used kickscrew but I’ve used GOAT 20+ times without issues both buying and selling. Normally, on the other orders I’ve made, the seller shipped the shoe to GOAT in less than 3 days (later checking on the GOAT FAQs, it literally says that StockX's app has a lot more data on market prices and availability. 5% plus 3% transaction fee then additional shipping is 14%. 0% which seems reasonable. GOAT is best for those who want the flexibility to sell both used and new sneakers but also appreciate the middleman service the most reputable portals offer. Ive only done stockx and here's my experience: Bought 5 shoes (4 $500+ 2 $800+ and 1 $1300 dollar shoe). replica pairs they pass through. 9% transfer fee to deposit funds into your account. Shoe cost $220, but after stockx add their tax $290. Good luck! SneakerCon is definitely not better. Can anyone explain the fees please so I sold Jordans for $255 after goats fee it’s $218 how much is the conversion fee to gbp? I’ve seen 2. 32. oi kt bf rb bj hb dc zm ol ie