StockX was the first sneaker resale platform to reach unicorn status (a $1 billion valuation)
StockX is valued at $3.8 billion as of October 2022
A number of heavy-weight investors have invested in StockX including GV (formerly known as Google Ventures) and Marc Benioff, founder and CEO of Salesforce.
With over 125,000 product listings on its platform from over 500 brands, StockX is one of the largest resale marketplaces for sneakers in the world.
In 2019 sneakers made up approximately 75% of the merchandise sold on StockX.
StockX has a young customer base with 70% of its users under the age of 35.
StockX expanded its presence offline by opening its first-ever physical store in New York City in 2019.
25% of the items sold on StockX are sold for less than the retail price.
StockX makes its money through transaction fees. Sellers are charged a 10% transaction fee which decreases as the seller sells more merchandise.
The top two fastest-growing selling sneaker brands on StockX in 2022 are Salomon (2,277%) and Hoka (713%).
Hot Wheels (498%) are the highest-selling collectibles on StockX
Yeezy (1,063%) and The North Face (761%) remain the highest selling Apparel on StockX
Swatch (4,771%) and Dew (249%) made the most sales on Accessories on StockX
Finalmouse (1,090%) and Meta VR (474%) made the most sales on Electronics on StockX
Where do most StockX website visitors come from? (Buyers and Sellers)
StockX's website visitors for both buyer and sellers are most from the US, with 46.83% of the website traffic. Then, almost 5% of the visitors are from Canada.
StockX currently owns 13 Authentications Centers around the world. These centers include offices in London, the United Kingdom, Eindhoven, the Netherlands, Detroit's Corktown neighborhood, Moonachie, New Jersey, and Tempe, Arizona.
How much does StockX take from the seller? (U.S.A)
StockX's earning per item is based on the seller's StockX account level. There are 5 possible levels, and with higher levels, the transaction fee decreases.
The table below shows you StockX's transaction fee per level:
StockX is promoted mainly via YouTube, with 49.45% of the total promotions on all social media platforms. Then, there's Reddit with 15.66% of the advertising.
StockX is an online store that sells mostly sneakers and other goods. Since November 2020, it has also been open to electronic goods like gaming consoles, smartphones, and computer hardware.
StockX has evolved into a worldwide marketplace for products ranging from streetwear and watches to electronics. The site is aimed at a young audience, Generation Z, with an interest in culture and fashion.
Josh Luber is a well-known entrepreneur from the United States of America. He enjoys collecting sneakers. He founded StockX as a result of his love of sneakers. he cofounded StockX with Dan Gilbert, Greg Schwartz and Chris Kaufman. His Net worth is estimated at USD5 million.
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