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Glossary
The words TKS and the marketplaces use, in one place. Each tab's page links here rather than explaining them again.
Stock
- Unit / Pair
- One physical item you hold. A size with 3 units is three pairs on your shelf.
- SKU
- The style code that identifies a product, e.g.
CW2290-111. Every size of a product shares its SKU. - Custom Item
- A product the marketplaces' catalogues don't know, which you create yourself with a name, a type and a size range. It lists on eBay until you tick other platforms for it.
- Cost
- What you paid for one unit. Profit, margin and the floor are all worked out from it, so a missing cost shows as a dash.
- Location
- Where the pair sits on your shelf, e.g.
S2-4. Shown as No Location until you set one.
Selling
- Ask / Listing
Your price for a size on a marketplace. On StockX it's called an ask.
- Lowest Ask
The cheapest ask on a marketplace for that size. The next buyer usually buys from it.
- Highest Bid
The most any buyer has offered for that size.
- Floor
The lowest price TKS will ever list a size at. It's set by the size's floor method (below) from its cost and the marketplace's fees. The repricer never goes under it.
- Floor Method
How the floor is worked out. The two starting choices are:
- Standard: cost + 15% margin after fees
- Breakeven: cost + $5 after fees
The other methods are explained on the Repricing page.
- Repricer
The part of TKS that moves your prices to stay the lowest ask, never under the floor. It runs on its own for each connected marketplace.
- At Floor / Held
The market is below your floor, so the repricer keeps your price at the floor instead of following it down.
- Payout / Net
What the marketplace pays you after its fees.
- Gross
The sale price before the marketplace's fees.
StockX
- STV (Ship To Verify)
- StockX's standard way of selling. You ship the pair to StockX after it sells. Shown as Standard in some places.
- Direct
- StockX's program for selected sellers. You ship straight to the buyer. Direct asks compete in their own market, separate from STV.
- Flex
- Pairs you've already sent to StockX's warehouse, ready to ship the moment they sell. They aren't on your shelf, so TKS doesn't count them as stock to delist.
TKS
- Preview Mode
- A safe mode for new accounts. TKS works out everything it would do but sends nothing to the marketplaces. A bar at the top of every screen says when you're in it.
- Vacation Mode
- Pauses or parks your listings while you're away. While it's on, the Dashboard shows a banner with a Turn Off button.
- Inbox
- Sales TKS couldn't match to a pair in your stock, because of a code or size it doesn't know or a possible oversell. They wait in the Sales tab for you to decide.