Since its inception in 2016, StockX has required all sneakers sold on its platform to be brand new, but that’s changing with the introduction of StockX Listings.
The Detroit-based online marketplace just announced that it will now begin listing used sneakers and vintage apparel for the first time ever. StockX confirms that it will use an AI-powered photo analysis and auto-matching technology backed by 10 years’ worth of proprietary data, which allows sellers to list their products in seconds.
As for buyers, items are backed by “Buyer Promise,” where the company will resolve any issues if they arise. StockX also confirms that sellers are identity-verified and payments are held until delivery is confirmed by carriers. Additionally, buyers can also purchase an optional verification on select items for additional reassurance.
“When we started StockX, the idea was simple: create a marketplace built on trust, data, and transparency. That core hasn't changed but we’ll now be able to provide our customers with a wider selection of the products they love, and the ability to sell products they’ve previously purchased faster than ever before,” StockX CEO Greg Schwartz said. “We’re using AI-powered photo analysis to streamline the listing process so customers can sell used sneakers, vintage apparel and other unique products with ease. This, coupled with the upcoming rollout of StockX Live, moves us into a new chapter and ensures we’re able to meet our community where they are today.”
StockX Listings will be available to a select group of sellers and all US-based buyers on iOS starting today. The platform is expected to expand to all US-based sellers and have a global rollout in the coming months.