As a global marketplace, StockX allows you to access the largest supply of current culture products available. Whether it’s pre-release, regionally limited, or “sold out” – our millions of customers from over 200+ countries allow you to easily secure those hard-to-find, coveted items.
To help our customers to find the lowest price around the world, we introduced All-In Pricing. You can read more about pricing models here, but in short, All-In Pricing means that we include any applicable duties and taxes in the item’s Ask price to empower you as the customer and provide an upfront understanding of the true cost of an item.
The Price you See
Let’s take this product listing as an example. As a UK buyer, the lowest Ask price available once all applicable customs and duties fees have been taken into account is £217. This transparent and all-encompassing price is the cheapest available and therefore is what you are presented as your Buy Now price.
One of the benefits of buying and selling on StockX is that our marketplace works just like the stock market – allowing you to buy and sell the most coveted items at their true market price. For this to work, we need to be transparent about the prices people are asking and paying. All-In Pricing does not apply to the “View Asks” and “View Sales” data, which is why you may see an item listed or selling for a lower price than your Bid or Buy Now price.
Using the same product listing as above, let’s assume that a seller in the US holds the current lowest Ask price of £155. If a UK buyer was to purchase from this seller, they would also be liable to pay additional duties and tax fees of around £70. These additional duties and taxes would take the total price of this item above the cheapest All-In Ask.
|Lowest Ask Price||£155|
|Duty & Tax Charges (+16.9%)||£28.48|
As a result, thanks to our All-In Pricing calculations, you can be sure that you’re always shopping our global supply of products at the best prices available.
Advantages for Buyers
- By showing more honest pricing, we’re helping to drive down prices by creating more competition for sellers.
- By effectively matching UK buyers to UK sellers. This ultimately eliminates unnecessary duties and taxes on international purchases.
- By encouraging intra-region trades, we are decreasing the carbon footprint associated with each order.
- By matching UK buyers and sellers, we are reducing delivery times for buyers.
To find out what All-In Pricing means for sellers, click here. Thanks again for being a part of the StockX community.