They've only been open for a little over a month, but the team at Stadium Goods is already making major moves.
According to a story from Digiday, Stadium Goods and eBay have entered into a partnership in an effort to create a better sneaker marketplace. Citing Campless' data, the story reports the secondary sneaker market is valued at a whopping $1.2 billion with eBay's sneaker marketplace accounting for $334 million of that number over the course of the last 12 months. Stadium Goods will now be at the forefront of this business.
So what does relative newcomer Stadium Goods bring to the table? Well, for one, the company might be new but the people behind it are veterans of the both the sneaker and customer service game. John McPheters, Jed Stiller, and Yu-Ming Wu are the people behind SG and with their combined experience, hope to elevate the sneaker marketplace experience by making it more efficient while providing a greater level of customer service.
“The point is to go beyond traditional e-commerce and brick-and-mortar buying and selling options,” Stadium Goods co-founder John McPheters said. “It opens a new avenue for sellers to sell faster on eBay without the work, and guarantees premium customer service.”
Through this partnership, people who wish to sell on eBay will be able to do so through Stadium Goods' eBay store. The service works in conjunction with its consignment program where consumers wanting to sell their sneakers can do so by simply handing off their kicks to Stadium Goods and letting them take care of all the work. Since all pairs Stadium Goods sells is guaranteed to be authentic, sneakerheads can rest easy knowing they're copping legit product especially considering the asking prices of some of the rarer, more highly coveted models.
For complete details on the Stadium Goods and eBay partnership, head over to Digiday now.