StockX Will Charge Sellers Shipping Fees Starting Next Month
Written by SOURCE on September 20, 2022
The same day Ebay announced its own fee increase for sneaker sales, competitor StockX has also made a change that will affect sellers beginning next month.
In an email to sellers, StockX said it will add a $4 shipping fee for all single-item shipments. According to the email, the change is being made to address cost increases across the company’s network.
While the fee will apply to all single-item shipments, sellers who are Level 3, Level 4, and Level 5 tiers are able to take advantage of bulk shipping items including sneakers, shoes, apparel, and trading cards. The shipping fee will be waived for bulk shipments.
Currently, Level 1 StockX sellers are charged a 10 percent base fee which drops to as low as 8 percent depending on their amount of quarterly sales. There is also a 3 percent payment processing fee.
The new fee will impact any new Asks created on or after October 4. Existing Asks will not be charged the fee.
