Our retail-or-less marketplace, COLLECT, is now available to the public. For the past ten months, our members have been buying, selling, showcasing, and trading their sneakers to fellow sneakerheads on a marketplace with the lowest fees in the industry.
COLLECTâ€
- Why retail or less pricing?Â
- SoleSavyâ€
s mission has always been to make collecting sneakers more fair and fun. Every day, countless sneakers are sold on the aftermarket for hiked-up prices when many of those pairs are still available for retail in other places. Retail or less pricing puts the power into the buyer†s hands.Â
- SoleSavyâ€
- How does retail or less pricing work?
- When listing a sneaker on COLLECT to sell, the maximum listing price will be 20% over retail to allow you to recoup your full costs paid when originally purchasing sneakers, which can include taxes and shipping.
- Ex: An Air Jordan 1 ‘Taxiâ€
can only be listed at a maximum price of $216 ($180 retail + 20%). Anything above that will be denied, and you will not be able to list.
- Ex: An Air Jordan 1 ‘Taxiâ€
- When listing a sneaker on COLLECT to sell, the maximum listing price will be 20% over retail to allow you to recoup your full costs paid when originally purchasing sneakers, which can include taxes and shipping.
- Why 20%?
- Our definition of retail or less pricing is a maximum of 20% over MSRP to cover costs previously paid for taxes + shipping.Â
- What about my high-value sneakers?
- Trades and offers can be made privately between the buyer and seller, but “buy it now†listings must be for retail or less.
- What fees does COLLECT have?
- Fees vary from 0% for premium members to up to 3% for non-members, the lowest in the industry. Trade fees vary from $5-$8.
- Standard credit card fees also apply.
- How do payouts work?
- If selling, once the sneakers are delivered to the buyer, your payout is instantly transferred to you. No held funds, and no extra fees.
- What about authentication?
- Every buyer and seller on COLLECT must verify their identity using Stripeâ€
s Know Your Consumer (KYC) technology. This serves as the first line of defense against fraudulent activity. - Legitmark will power COLLECTâ€
s digital authentication as an option for every transaction. To learn more, click here.
- Every buyer and seller on COLLECT must verify their identity using Stripeâ€
In honor of the public launch of COLLECT, weâ€
Check out what’s dropping this week:
Turn on social notifications for drop announcements & download the COLLECT app to create your free account. Start growing your COLLECTion today.Â