Where And How To Buy And Sell Shoes
Now that you have the shoes, you must find the best channels where you can sell them to turn in a profit.
You can start by creating an account on a consignment shop like StockX to resell the shoes there. Both sites serve as middlemen between buyer and seller. Therefore, you deal directly with either website to sell your shoes. Send them the sneakers when youve chosen the highest bid, and they will take care of the rest.
Sites like StockX are convenient ways to sell your shoes and ensures buyers that they wont be duped by fake sneakers.
On the flipside, you dont get the personal touch from consignment stores that go with seller-to-buyer transactions. However, if youre not much of a salesman or a people person, then this shouldnt be a problem.
If you want the traditional way of reselling shoes, you can always go the way of Facebook Groups, Craigslist, and eBay. These sites allow you to put your personal touch on your pairs product page.
As a best practice, you need to be descriptive and detailed as possible about the sneakers. Leave no stone unturned and make sure that you are honest in your description. Assuming that youre a new seller, itll take time before buyers warm up to you. Therefore, you need to keep working on gaining the trust of buyers and continue marching forward.
Some Other Risks To Consider
It is easy to get excited and overwhelmed when you begin reselling sneakers. The adrenaline rush can drive you to make impulse buys. Impulse buying is the worst thing you can do in such a risky market. So you need to make sure that you are making informed decisions.
A good way to make informed decisions is by joing a cook group. However, you have to be careful to make sure you are joing good ones. There is a lot of bad information from non-reputable cook groups that can cost you thousands of dollars. Ive seen cook groups predict a sneaker reselling above retail price and ended up being the contrary.
Best Places To Resell Sneakers
Today there are so many ways to resell sneakers. Thanks to technology, it has made shopping super easy for customers these days. Even though there are many places to sell them, some places are better options than others. So in this post, I will be sharing my experiences and what I consider to be the best places to resell sneakers.
The best places to resell sneakers is going to be dependent upon different circumstances and variables. The most important thing to consider are the fees associated with reselling sneakers. Seller fees, shipping fees and taxes are going to be the biggest chunk of expenses that you will accrue.
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Best Places To Sell Shoes For Cash
Looking for the best places to sell shoes online? Look no further than this article!
It contains a massive list of the best places you can sell your shoes online and offline.
If you have pairs of shoes that are still in good condition then consider selling them to make extra money!
You can sell them if you no longer need them or have too many.
Selling shoes for cash may not be easy if you lack marketing skills.
However, there are websites and local places you can approach to sell your shoes.
These places can help you sell your shoes for cash.
Whether you have new or pre-owned shoes, whether they are male, female, or kids shoes, or whether you have sandals, sneakers, or dress shoes, you can sell your shoes for cash!
Finding the best places to sell shoes for cash online or offline may not be that easy. If you are looking to find the best places to sell your shoes for cash, then this post should come in handy.
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Want to sell shoes for cash? Well breakdown the best ways you can sell shoes online and make money for your used shoes.
The trick to finding places to sell your shoes is to put yourself in your customers shoes. I know, that such a cliché phrase, but you need to forecast the type of people you are selling to specifically. Young, newlywed mothers? Teenage male athletes?
Although you can sell basically anything online, shoes are one of the most versatile things to sell. You can sell on a seasonal basis if you clean your closet or go through a pile of shoes that no longer want. Or you can do it to make extra money by buying shoes to resell them for a profit. To get a bargain, you have to jump on designer offers or vintage shoes. In any event, if you have shoes for sale then you want top dollar for them.
This list below are some great places to start selling shoes for cash, but the more specific you get, the more success you will have.
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Best Place To Resell Yeezys
We are here to help you turn your hustle to money, to help you find the best sneaker reseller sites that deal with online drops. In addition, we are here to different aftermarket sneaker websites to dispose of your drops. We are sure that our list will make your resale process easier. So, here we go.
Where To Sell Shoes For Cash Near You
In addition to online consignment shops, you might want to consider selling your shoes through local marketplaces. This can be a faster way to sell shoes, and you receive cash instantly instead of waiting for funds to transfer to your account.
Plus, theres no chance of you having to refund a customer because they didnt like the shoes.
Here are some of the best local places to sell shoes for cash.
A Review Of The Best Legit Shoe Resale Sites
Navigating the world of where to sell your hard earned sneakers can be confusing. Were here to demystify the top platforms to use and which ones to avoid so you can have the best success as a reseller.
Ok, so youve gotten your hands on a rare pair of kicks and youd like to turn around and flip them for cash.
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A bunch of questions may come up, but the most pressing question:
Where do I sell them?
Beginners often have no idea that some sneaker marketplaces out there can be really sketchy.
There are pluses and minuses to each of the many platforms, and there are some that you should just straight up avoid.
Here we will review legit websites, including Stadium Goods, GOAT, StockX, and apps to avoid like Flip, as well as classics like eBay.
We will do so by answering the a lot of common questions that beginners have who dont know which sites to turn to when theyre selling rare shoes.
Well rate these sites on a variety of factors like speed, reputation, pricing and other things that are important to know as a seller.
For those ready to dive in to the best guide available for reselling shoes, I encourage you to check out the highly reviewed 5 part Hypemaster Playbook.
Lets go through a few common questions and some reviews of platforms to avoid and platforms to use.
What are the best authentic resale stores and websites?
Avoid independent sites that are super cheap.
Where can I sell my shoes fast?
How Much Can You Make Reselling Sneakers
Given that the sneaker resale aftermarket is a growing multi-billion dollar market driven almost entirely by self educated individuals, its not totally unrealistic to expect a mid level full time income if you dedicate yourself to specializing in it.
However, its not the best idea to jump full in on reselling sneakers if you dont know what youre doing, so educate yourself as much as you can or simply follow news and jump on sneaker resale opportunities when they come outevery month, Nike and Adidas come out with limited sneakers that have resale value.
One example from last year was a collaboration between Nike and the beloved Ben & Jerrys.
Released for a retail price of $100, the sneakers resold for a whopping $2000 at one point and still to this day actively trade for a 15x profit at $1500 on average for most sizes.
The ordinary person would have passed up on this sort of opportunity!Of course, the game is more complicated than just going on Nikes site and buying the shoes for $100 and flipping them for a $1000+ profit.
The people who do this are highly specialized and understand all the ins and outs of running a sneaker operation, which sometimes includes operating software called sneaker bots that allow the user to buy not just one but even multiple pairs of the shoe before any human can.
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How Much Can You Make Reselling Shoes
The short answer? Millions.
JV is a guy making six figures a year reselling shoes. He got his start flipping sneakers as a side gig while working retail. After 4 months in, he was clearing over $10,000 per month.
Hell teach you how to do the same thing he does, clear the big bucks, in his online course. If you add the code NICHEMONEY, you can get an extra 10% off.
Reselling shoes isnt a rare phenomenon. A quick look at Amazon and eBay will reveal you a secondhand pair of sneakers up for grabs for every brand new pair. The process of shoe selling is all too common that there are people who made reselling shoes a profitable full-time job.
However, there are only a handful of people who have built an empire as shoe resellers. Arguably the most successful sneaker reseller is Benjamin Kapelushnik. Also known as Benjamin Kickz and owner of the sneaker marketplace Sneaker Don, he started in the business at 13 in 2013 and made it big two years after.
He rose to fame as the shoe supplier to DJ Khaled who referred him to his friends in the music and entertainment industry. He made his first million in 2016 and had been reselling rare and expensive shoes and sneakers to high-ticket clients since then.
Sneaker collecting is a thing and for individuals who can get a good deal on rare or hard to find sneakers like a limited release commemorative pair of Nike Air Jordan 2 Just Don, the Nike SB Dunk, or others, it can be ridiculously profitable to be reselling sneakers.
Places To Find Cheap Sneakers To Resell Online
Learning where to find cheap sneakers to resell online can be valuable information for new resellers without a lot of capital. By buying sneakers for cheap you can make more money when you flip them online using eBay or another sneaker reselling site.
Reselling sneakers is a good side gig. People find valuable sneakers well below the aftermarket prices all the time. Typically these sneakers are used, but that doesnt matter. Finding the right pair of sneakers at a cheap price can increase your profit margins and earn you more money.
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Why Do Comfort Shoes Sell Better Than Fancy Dress Shoes
As our population ages , foot comfort is of paramount importance. With almost 80 million Baby Boomers and older Gen Xers right behind them -, there is a huge market for comfortable shoes. Baby Boomers are a generation of doersthey arent going to sit around as their parents did. They are active and want to stay active as long as possible. But, as we age, feet problems may be the first sign of needing to slow down so Baby Boomers seek out comfortable shoes so they can continue their active lifestyle of traveling, exercising, working a part-time job, or whatever activity they desire. And they can find exactly the shoes they need on eBay at an affordable price.
What Shoes To Buy
One of the most common questions I get is how do I know which shoes to buy? Which brands and models will be profitable?
Immerse yourself in your local sneaker communities by attending a sneaker convention and getting an idea of what people are wearing and what people are talking about.
Learn about the Jordan brand. Begin to follow Instagram accounts that have to do with sneakers and sneaker news, so youll automatically be doing research every time youre killing time on the gram. Combine all of the above with checking aftermarket prices on sites like eBay and calculating your estimated profit.
Nicks Notes: In the advanced search, you can check the box just to see completed listings to see how much items are actually selling for.
I suggest starting small with one or two pairs so you dont have a huge risk.
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Sneaker Reselling Tips From The Pros
Now that Google has made every thrift shop attendant into a sneaker aficionado, youre highly unlikely to find a pair of vintage Air Jordans in your local charity shop bargain bin. That means, for the novice reseller, new releases are your best bet.
Every other week theres a pair of shoes coming out which you can make £30-£50 on, Morrison says. Or you can buy several pairs, sit on them for a few months, and theyll probably be worth even more. If you want to make real money, though, youll have to put the effort in.
There are at least a handful of shoes throughout the year which will immediately go for 5-10 times the retail value of the shoe, and quite a lot more which will go for a 3-5 times markup. Those are usually the ones where you have to enter raffles, or camp out for the weekend. If you get your hands on them, though, its like winning a lottery ticket.
Sam Kersh, aka , is one of Instagrams OG sneaker resellers, with over 150,000 followers so his advice is worth listening to. You can find rare sneakers in all sorts of ways: general releases, resellers, suppliers in the industry and friends events, he says. As for how he makes his living, its all about using the tools already at your disposal: I mostly use Instagram, eBay, and Facebook groups to sell stock, he says.
How One Hustler Makes $100000 A Year Flipping Sneakers
Bryson Honjo is a sneaker reseller, owner of United Hawaii and star of a prospering YouTube channel that teaches viewers how to start reselling shoes. Honjo started his journey in the sneaker business in 2016, and now makes anywhere between $50,000 and $100,000 per year.
I do attribute a lot of that to the fact that I have a social media presence, says Honjo, referencing the higher end of his potential income bracket in any given year.
He says that while his social media presence makes selling easier, its not a mandatory requirement to success in the sneaker resell game. He has seen resellers make up to $50,000 per year by posting inventory exclusively on reselling apps. No YouTube channel required.
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How To Know Which Sneakers To Buy
Youd be shocked to realize that sneakers like this:
Sell for prices like this:
And look just like these!
How do you know the difference between shoes that go for nothing, and shoes that go for tons of money?The short answer is: experience and education.
Take time to look up websites like Hypebeast and High Snobiety to get a gauge of what kinds of shoes people pay big bucks for, and follow their latest news until you continue to get an understanding of this mysterious market.
To get a little more specific about which brands of shoes to buy, you should definitely stick primarily to Nike, with some Adidas on the side.Nike owns the Jordan and SB brands and Adidas owns the Yeezy brand, each of these sub-brands being the most popular and valuable on the resale aftermarket.
Another thing to look out for is celebrity sneaker collaborations.
One example is a Nike Retro Jordan collaboration with Travis Scott.
These go for a whopping $2000 on StockX.com, a top website for sneaker market data, and also a source for buying and reselling sneakers.
Since this is such a big market, there are many apps out there to support it, so lets dive into some of the best.
How To Determine If The Shoes Are Fake
The last thing you want to happen is for you to purchase fake shoes mistakenly. This is a problem that pervades in online marketplaces without a middleman like Amazon or eBay. If the price is too good for its good, then maybe its a fake. But before making that conclusion, you need to learn how to find out if the sneakers are legit or not.
Below are ways that you can check if a pair of sneakers or shoes youre trying to buy is genuine or not:
Criteria to Determine if Shoes are Fakes
While these tips will help you avoid purchasing bogus shoes, its not foolproof that you will entirely avoid such purchases. Just make sure to ma careful and alert enough to keep these provisions in mind when buying.
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