Selling - October 29, 2021

All-In Pricing for Taiwan Seller

Martyn

Marketing Manager of Hong Kong

How All In Pricing Works In Taiwan

Take advantage of our new pricing mechanics…

In case you missed it, we recently launched All-In Pricing in Taiwan, moving any applicable duties, taxes, and import fees into the item’s upfront Ask price. Because of our new pricing change you will now have a pricing advantage up to 10% against global competition. 

 

All-In Pricing is nothing but positive for our valued Taiwanese sellers. It decreases competition from international sellers and increases your profit and velocity. 

 

If you want a more detailed explanation, keep reading.

 

WHAT THIS MEANS FOR YOU

 

When on a StockX product page, the lowest Ask and highest Bid displayed include any applicable duty charges, taxes and import fees depending on the seller or buyer location.

 

That means you can increase your price and still be the Lowest Ask for a Taiwanese buyer by a good margin. AKA higher payouts and faster sales for all Taiwanese sellers.

 

Since we’ve incorporated taxes into the upfront Ask price for buyers, your Asks will look higher on the product page then in checkout. Nothing to fear, you will always get paid exactly the amount you agreed to when listing your Ask. 

 

However, if you click a layer deeper to view all Ask or all Bids, you may see Asks lower than the previously displayed lowest Ask or Bids higher than the previously displayed highest Bid. This is because when viewing all Asks/Bids, the applicable duties are not yet included in the displayed price. 

 

WHAT THIS MEANS FOR YOU

Since Asks listed by international sellers are subject to increased duty charges, your price is being prioritized for Taiwanese buyers – thus giving you a competitive pricing advantage against international sellers up to 10% based on their country. 

As a reminder, we define a Taiwanese buyer or seller as anyone with a billing address in Taiwan. If you are currently a Taiwanese buyer or seller using a non Taiwanese billing or shipping address, we suggest updating your account information immediately to optimize your experience.

If you ever have questions, or suggestions on how we can continue to improve the StockX marketplace please contact us. And to learn more about All in Pricing make sure to check out our in-depth blog post.

 

Now go out and sell. Here are some of the top products users in Taiwan are buying now:



Thanks again for being a part of the StockX community.