This article is part 12 of 14 in the series: How-To. They’ll ask you some questions about the condition of the shoe, and a word of precaution is to be 100% honest because if you send out a pair of shoes and they show up to not be in a condition that was not as described (like if you wore them even a little bit or if the box is damaged), you’ll get penalized and can lose some money. On Dec 10th I received a notification that the information was just received by seller and they were getting ready to ship. Name Your Price. GOAT makes its money from a … Ridgeyard Goat Sheep Shears Clipper Animal Fur Shearing Electric Farm Supplies 4.5 out of 5 stars (3) 3 product ratings - Ridgeyard Goat Sheep Shears Clipper Animal Fur Shearing Electric Farm Supplies I got a refund but it was issued as GOAT credit, not sale credit. The owner of a Columbus, Ohio, store called Addicted 2 Kicks, who would only give his Instagram nickname "Juice," said he stopped selling on StockX because it forbids worn shoes… Received shipping info (from seller to GOAT). He is the co-founder of GOAT, a marketplace for selling and buying sneakers. You’ll need to simply look up the SKU or model number for the kicks you want to sell, which you’ll see either on the shoe tag if it’s a Nike or on the box if it’s adidas. I requested to sell. GOAT remedied my issue quickly and effectively, no questions asked. Commission is set at 9.5%, but can go to 15% pretty quickly and even as high as 20% if you’re a flake too often, so be warned about this before using the app. StockX. The website uses actual human inspectors and image recognition to sell and trade collectible shoes.As a consumer, you can sell or buy your sneakers on Goat.com. A golden rule that I follow when selling new releases is to sell them within 48 hours max, ideally 24 hours of when I made the purchase. Now shipping to over 170 countries. The good news: it’s a great place to sell … … A Wrap Up of the Pros and Cons of using GOAT to sell your valuable shoe collection. Founded in 2015 to bring trust to the sneaker community, the technology platform has since expanded to offer apparel and accessories from the world’s leading contemporary, avant garde and designer brands. Less selling options (your box and shoes have to be near perfect) Better help from customer support IMO. How do I sell on GOAT? Today we will focus on the GOAT Group’s app, which is best for speedy, low hassle selling of current day hype shoes. 10. This, says Sugano, is what they wanted to fix with GOAT… Poshmark is a free app and website that makes it easy to list and sell your used shoes fast. This app focuses on fashionable clothes, shoes, and accessories. Making a GOAT listing This FAQ is effective from October 7, 2020. But what’s the best way to flip your inventory? see all; general inquiries. Look on the right to see how quickly just a few failed sales can bring you down to the 15% and the 20% commission rate. GOAT is the global platform for the greatest products from the past, present and future. the official statement on GOAT’s website here. What happened? Fast delivery, and 24/7/365 real-person service with a smile. Couple that with senior citizens on a fixed income and relying on Medicare (which does not cover the cost of shoes), Boomers look to eBay to find what they … How do I ship the items I've sold? Specifically, GOAT provides buyers and sellers of sneakers an authenticity guarantee with a … People pay the most during this timeframe, and if you look past this time frame, pairs move more slowly and the week after prices can drop significantly. If you were able to get the shoes in person on the day of the release, I recommend using GOAT as from my experience, people buy in a higher volume on the release day on trusted platforms like GOAT and StockX. Goat was co founded by creator Eddy Lu, who launched the startup in 2015 with the goal of making it easier to bid on shoes without the risk of being duped into purchasing counterfeits or fake shoes. Big money can be made if you land the right sneaker or sell a ton of pairs. Some sell for over $200 retail. Why was my order auto-confirmed? COMPLEX participates in various affiliate marketing programs, which means COMPLEX gets paid commissions on purchases made through our links to retailer sites. Start Your Six Figure Shoe Resale Career Today, Six Figure Sneakerhead: Hypemaster Playbook. From the moment I accept the top offer to printing the label and packing it up to ship out. GOAT is the largest sneaker marketplace and specializes in selling authentic goods. Finally we’ll wrap with a pros and cons list. are you still accepting drop-offs at your retail locations? Founded in 2015 by serial entrepreneurs Eddy Lu and Daishin Sugano, GOAT (that is, Greatest Of All Time) in 2019 is making major moves and is a platform you need to get on as a shoe reseller. When you go on the app for the first time, you’ll find a tab that has a price tag, and after you click that you’ll see a big button that says “Sell Your Sneakers”. With many platforms out there with varying amounts of legitimacy, navigating the world of selling shoes can prove overwhelming for beginners. Free shipping BOTH ways on goat from our vast selection of styles. GOAT is the global platform for style. are you still accepting ship-to-consign? For the lowest fees and best listing options, you maintain a seller reputation of 100 or above. The site claims you can list items for sale in less than 30 seconds. Click or call 800-927-7671. @matthewjwelty. ***This article was an excerpt from our new 2019 Hypemaster Playbook, which we just released a brand new 2019 version of in March this year. selling; covid-19. As the world’s first stock market of things, we’ve revolutionized the way buyers and sellers exchange sneakers online. Here’s a quick wrap up for your convenience: • Cheap flat rate shipping for anywhere and fixed fees for easy financial projection. The company also recently announced a sponsorship … It’s way less complicated than eBay is, and has tons of helpful data. You can view the prior FAQ here.. WHAT IS GOAT? Depending on the shoe, you either want to list the shoes at a fixed price or an … How long will it take to sell the sneakers or get paid? This partnership had no effect on users, as you can see on the official statement on GOAT’s website here. Partnership with GOAT, Flight Club and Foot Locker. I would only have to sell one shoe per week to make my $500 per week goal, and I could even make $1,000 in a week if I sold 2 shoes … There was a technological issue with my GOAT balance because I had previously tried to order some kicks and the seller sent in a pair that was not what they had advertised. On the sneaker reselling website Goat, one pair of shoes can go for as much as $60,000. is the flight club website still open? What are the fees? how do i get my consigned inventory back? © Complex Media, Inc. All Rights Reserved. GOAT also has a lower commission rate (9.5%) than eBay (13%), giving sellers an opportunity to make a higher net profit by listing their shoes on the site. There are many ways to resell your shoes. Look on the right to see how quickly just a few failed sales can bring you down to the 15% and the 20% commission rate. Tamar Davis. To break it down, here is a roundup of the most popular sites, stores, and ways to resell your shoes. Fast forward to now, I have been selling on goat since summer of 2019 and I have accumulated over $3000 in sales from selling my shoes on goat and buying shoes for cheap on goat and flipping them again for more profit. When will my account be approved? Sellers who have a seller rating below 50 will be suspended from selling on GOAT and any items of a seller that are sold after their seller rating falls below 50 will be subject to a commission fee of 25% + the seller fee. Buy and sell the hottest sneakers including Adidas Yeezy and Retro Jordans, Supreme streetwear, trading cards, collectibles, designer handbags and luxury watches. GOAT launched in 2015, received $5 million in funding last year, and looks at itself as an alternative to buying and selling shoes on eBay. Copywriter, StockX Sneakers. This richness in stock and the impeccable legit check process made GOAT more worthy of its name than ever. I filmed my entire experience on how to sell on GOAT. What happens if I don't confirm this sale? We’ll go over all the different aspects that involve using the app, including reputation, making a listing and shipping out your shoes. Lu has smelled a lot of shoes. The online marketplace, StockX, makes buying and selling sneakers, streetwear, watches, and designer handbags safe, secure, and more convenient. Furthermore, comfort and orthotic shoes are not cheap. A Review of using GOAT to Buy and Sell Your Sneakers. You can flip them hand-to-hand to people you know, drop them off at big consignment retailers such as Flight Club or Stadium Goods, list them on eBay, or sell them through websites such as StockX and apps like GOAT. The awesome thing about selling on GOAT is it gives you a pricing tool straight away once you answer all their questions, which includes a super handy fee calculator. How To Buy & Sell Sneakers on StockX. Can I cancel my sale? Discover just dropped, future release and exclusive sneakers from the world’s leading designers. are my package and product safe? Not only did these mark the checkbox of an item that sold for $500-1000, it exceeded my profit goal of $100 per item: I could make over $500 per shoe I sold! Commission is set at 9.5%, but can go to 15% pretty quickly and even as high as 20% if you’re a flake too often, so be warned about this before using the app. I accepted an offer, but the order did not go through. More requirements to list shoes at first (take pics from every angle) Stockx: Less profitable at FIRST but if you sell enough to move tiers it is actually more profitable than GOAT. ©2020 Six Figure Sneakerhead. You can also sometimes list the shoes for a higher price than eBay, although in the case of StockX and as a new GOAT seller, the fees will probably work out to be slightly higher than if you were to sell on eBay. How do I sell on GOAT? More recently, in February of 2019, one of the biggest and most well established shoe retailers, Foot Locker, invested $100 million to further solidify the presence of GOAT and Flight Club in the sneaker resale market, now estimated to be between $3 billion and $5 billion, which is surprisingly made up mostly of individual self made sellers. Selling process: StockX is based on a bid/ask process. It's a common courtesy to complete this within 24 hours of payment being completed, although this time period should also be agreed upon before sale. Fast Company Magazine Don’t worry: If you buy a pair of $10,000 sneakers on GOAT, they’ve already passed a smell test The four-year-old marketplace knows how to feed the hype beasts. How much effort do you need to put in on your end? On top of all that, they show you straight away how much profit you’ll make after fees, making it super handy to forecast profits and quickly compare the price on GOAT against your other options. But you need to be mindful of a lot when you’re reselling your shoes. The Plan GOAT intends to use the $100 million to build a bigger platform for apparel and accessories beyond sneakers, and introduce more brands to sell … FAQ. Here are the pros and cons: Big money can be made if you land the right sneaker or sell a ton of pairs. For a more extensive pricing guide, check out our post here which includes reviews of StockX, eBay and more. The top seller on GOAT sold over $850,000 worth of shoes last year and Lu expects multiple sellers to top $2 million in 2017. Sign up to our email list for a free preview if you haven’t already. Super simple shippingUnlike with eBay where the price for shipping varies greatly depending how far you send it (a common range is between $9 all the way up to nearly $30 for shipping a typical 4lb box), GOAT makes it easy with flat rate shipping with UPS that’s always set at $5 which is deducted as a seller’s fee. Also, GOAT makes buying and selling sneakers much easier through its first of a kind mobile app. Locations: Based in Detroit, online. can i shop at the flight club stores? I purchased cycling shoes on Dec 2 I purchased cycling shoes on Dec 2. Buying used collector-level sneakers, which can run from a couple hundred bucks to $8,000 easy, is fraught with danger. My items just sold. Now firmly established, Lu says 150,000 sneaker sellers are using Goat’s marketplace, and that includes people selling shoes on a one-off basis to power sellers. In February of 2018, OG sneaker consignment store Flight Club merged with the GOAT Group in a $60 million dollar deal. What do I do next? Smaller user base/less people willing to spend IMO Will anyone save you if you get scammed? Designed by Range Marketing. GOAT also flaunts a large selection of sneakers, OG and classics and up to never-seen-before pairs. which is surprisingly made up mostly of individual self made sellers. To ensure quality and authentic items, we’re currently only allowing a select group of sellers. You’re penalized every time your shoe arrives not as described or if you take longer than 2 business days to send out your kicks. Now that the two companies are together, nothing really has changed for the customer experience in either establishment, but behind the scenes, both companies are more powerful than ever before. How will you get paid? We want you to be informed, so we’ve taken the who, what, where, when, and whys into consideration and presented it here so you can make up your own mind. GOAT includes a Buyer Protection Program that guarantees all transactions are trustworthy and safe, with purchases of more than $300 sent to a specialist to ensure the shoes are authentic. Associate Editor of Complex Sneakers. Packing it up to ship out for a more extensive pricing guide, check out our post here which reviews. 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