Here's How eBay Is About To Disrupt The Sneaker Industry

As the sneaker game continues to become more and more popular, it looks like eBay wants a piece of the action as they've just eliminated selling fees for any sneaker sold at $100 or more. This year alone, a whopping six million pairs were sold on the e-commerce platform, and as of now, almost 1.5 million shoe listings are live on the site. This is a massive move that's sure to disrupt the industry, and here's how.

With competitors like GOAT, Grailed, and StockX becoming increasingly popular by the day, this is sure to take a chunk of the market share. "For our community of diehard sneakerheads, eliminating selling fees allows them to turn their kicks into more cash to fund future purchases, and results in a more robust sneaker inventory for shoppers everywhere." says Jeff Chan, eBay’s Head of Men’s Footwear and Apparel.

This quite literally means that you can sell your sneakers free of charge on their site, which is a massive USP considering rivals will charge you a selling fee, on top of a luxury tax, authentication fee, as well as shipping.

On top of all of this, eBay has also unveiled "Month Of Drops". Over the next few weeks, the site will be teaming up with Stadium Goods to celebrate some of the year's most hyped sneakers. This week, they'll be dropping a different Yeezy 700 colourway every day on their Instagram page.

Each pair will be priced at $215, which is well below retail price. Different sneakers are expected to launch in the coming months from Off-White to Travis Scott, but this gives sneakerheads a chance to grab a pair of high heat kicks without having to pay an extortionate amount.

At this moment in time, selling fees on sneakers sold at $100 or more will only be waived if you're in North America, but it's safe to assume that this service will come to Europe in the near future.

It's also hard to know whether eBay will crack down on fake sneakers. As the counterfeit industry continues to rise, it's harder than ever to authenticate a pair of trainers, and without a dedicated service, circulation of fakes could become a massive problem very soon. Let us know what you think of this news, and be sure to keep it locked at The Sole Supplier for the latest and greatest sneaker news and releases.