eBay Selling Fees Are Being Eliminated On Athletic Sneakers, The Implications

So eBay has decided to end seller fees on men’s and women’s athletic sneakers worth $100 or more. I never saw this coming but this is not surprising at all. I wrote a post a couple of years ago stating that StockX was soon going to bury most third party marketplaces , see link below

In several of my posts that I wrote I also stated that the gap in the sale’s ratio between eBay and StockX on hyped sneakers is laughable. For example,

This cancellation of selling fees for athletic sneakers $100 or more was definitely implemented to  combat StockX and Goat, Stockx more precisely. Stockx has completely overshadowed eBay on hyped/limited sneakers. And the main reason behind this is that  eBay never really wanted to address the problem with fakes. I wrote several posts in which I exposed how the platform was polluted with counterfeit sneakers, see link below

Stockx created the perfect platform to eliminate the” bootleg” problem while eBay was too complacent. eBay should’ve put into effect a practical counter- counterfeit team to monitor its marketplace. Finding replicas on eBay could be an easy task for the individual that knows the keywords to look for. For example,  there are already several pairs of  fake Travis Scott Air Force 1 low’s being sold on eBay now, see listings below ( and I wonder why these listings are still active)

eBay is in the perfect position to disrupt StockX as well by creating an authentication  warehouse and becoming another middle man (especially if the selling fees are being canceled ) and eBay’s traffic is still higher than StockX ( I haven’t verified it but I’m confident it is true). And eBay’s inventory includes more than just hyped sneakers. StockX does have more regular/average sneakers now but  there are still tons of sneakers ( style #’s)that aren’t available on their platform. Moreover StockX doesn’t accept used sneakers or shoes without box; eBay could literally take advantage of that as well with an authentication warehouse in place. The one thing that will always attract buyers or sellers is this – the best offer. In this case it pertains to sellers. so don’t be surprised to see a migration of sellers from Goat, stockX to eBay again , simply because the best offer in this case ( Zero selling fees on sneakers $100 and above) will always win. But buyers are always looking for the cheapest prices  so I’m hoping that ebay sellers will revise their prices on eBay which consequently will offer a more competitive platform against other third party marketplaces. I will definitely monitor the next hyped sneakers and their resale value on various third party platforms.There are a lot more implications to these changes but this is very good news and I hope this reignites resale as well. I shall be writing more on this topic by the grace of God.

Have a blessed day.