At the same time as the popularity of sneakers has heated up in recent years, many so-called pre-priced rarities have also become available, and the resale market continues to grow. Leading such a resale market is the 2016 birth ofStockX.". The platform supports private transactions in high-demand sneakers and clothing.
. and now, the Japanese version has arrived. The website and SNS are now available in Japanese, in yen, and customer support has been established in Japan. . This means that more than 98,000 items can now be accessed from all over Japan.
But why is "Stock-X" attracting so much attention in a world where similar services now abound? Here, we will introduce the secret.
Product Page
Sales Transition Data
First, there is the revolutionary pricing system. Employing a mechanism similar to that of the stock market, prices constantly fluctuate according to supply and demand. Buyers and sellers can buy at the lowest price or sell at the highest price offered on the site. In addition, each party can bid and list their own desired price.
By displaying detailed information such as current bidding and listing prices, average selling prices, and past transaction history on the product page, the system eliminates unfair transactions and supports buying and selling at a suitable price.
Appraisal Center
Certificate of Authenticity tag
(Courtesy of StockX)
Of course, all items handled are genuine. Since highly trained appraisers at six appraisal centers around the world determine authenticity, there is no need to worry about being caught with a counterfeit item.
With such transparency and reliability, "Stock-X" continues to grow at breakneck speed. On the occasion of the launch, Scott Cutler, CEO of the company, commented as follows
Scott Cutler
We have long viewed Asia, and Japan in particular, as a region that holds the key to our exponential growth. Our enhanced services for buyers and sellers in Japan are a testament to our ongoing commitment to improving the customer experience for our growing global audience. Japan's rich design history is deeply rooted in sneakers and streetwear dating back to Harajuku in the late 1980s . When it came to where to locate our first Asian outpost, we couldn't think of a better choice than Tokyo, a vibrant hub of enthusiasts. . We felt that they should also be provided with the opportunity to have fair access to the items they love.
In addition, co-founder Josh Lubar stated.
Josh Lubar.
Tokyo has been on my list of potential locations since the company was founded in 2016. While I am personally a fan of the unique aesthetic that has long been present in Japanese art and design, I am most excited that our platform will be truly localized, providing Japanese users with access to a wide range of brands from around the world, while bridging global users with Japanese designers and makers and their work and curation. We are most excited to be able to bridge the gap between global users and Japanese designers and makers and their work and curation, while providing Japanese users with access to a wide range of global brands in a truly localized way.
Brands handled include the resale market staples such as Jordan Brand, Adidas, NIKE, and Supreme, as well as high-end brands such as Louis Vuitton and Gucci. and other high-end brands. In addition, Rolex watches and artwork by Takashi Murakami and others are also available.
Items traded on StockX
Stock-X" has brought a new wind to the resale market, which is often thought of as a place where "resale = evil. Stock-X's thorough management system shows their extraordinary love for sneakers. Heads looking for rare sneakers, this is the place to go for your future purchases.
*All photos courtesy of StockX.
