Shoes To Buy: Best And Worst Returns
Lets say you have $100, and youre looking for a pair of shoes with a decent return on investment. Youre not going to be able to afford a pair of Nike Air Jordans, but there are other routes you can take.
Honjo says Jordan 1 Highs reliably turn a good profit, as do Adidas Ultraboosts. Either pair could potentially come in under $100 at retail. He recommends staying away from brands like Vans or Under Armour as they dont have the same resale value as a pair of Nike or Adidas shoes.
Adidas Yeezy is another incredibly popular shoe brand you might think would be great for resale. But Honjo says the market has become oversaturated, making the potential profit before overhead costs about $30 per pair.
However, if you hold onto your inventory for a while, Yeezys can become more valuable over time. Honjo estimates that if you hold onto a new pair of Yeezys for at least 12 months, you could see the sneaker resale profits creep up to anywhere from $60 to $100 per pair.
Best Places To Buy And Sell Shoes
Creating an account on a consignment shop like StockX by Josh Luber is a good start. It serves as a middlemen between buyer and seller. Sneakerheads can bid or ask for shoes for resale. Therefore, you can buy and sell directly through the website.
When selling you simply send the sneakers into StockX when you’ve chosen the highest bid, and they will take care of the rest for a seller fee.
Sites like StockX are convenient ways to sell your shoes and insures buyers that they won’t be duped by fake sneakers.
On the flip side, you don’t get the personal touch from consignment stores that go with seller-to-buyer transactions. However, if you’re not much of a salesman or a people person, then this perfect.
If you want the traditional way of reselling shoes, you can always go the way of Facebook marketplace or Facebook Groups, Craigslist, and eBay. These all allow you to put your personal touch on your sales process.
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 you’re a new seller, it’ll take time before buyers warm up to you. Therefore, you need to keep working on gaining the trust of buyers and continue marching forward.
Are You Ready For The Rigors Of Reselling Shoes
This post offers a great overview, but you will need additional information if you’re getting into the game of buying and selling sneakers.
You don’t want to start in this kinda business too naive to the processes.
Without a mentor, your chances of losing money and wasting time are higher since you’re competing with experts.
If you’re ready to learn how to become a successful sneaker reseller, you’ll want a mentor to speed up the process.
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How To Resell Sneakers
Selling your shoes through a marketplace website or app is perhaps the most convenient way to get rid of your sneakers as it takes some of the hassles out from your end, and ensures the buyer that what they’re purchasing is the real deal.
As mentioned, one of the most popular marketplace apps is StockX which can make buying and selling your sneakers, including some of the best basketball shoes, Yeezys, and Air Force 1s, incredibly quick and simple.
With StockX, you simply list your shoes at a certain price, then potential buyers can either choose to accept or make their own bid. Once a deal is agreed upon, you’ll be sent a shipping label to send off your sneakers and StockX will take things from there.
As you’re getting a little extra help here, you will incur a 9.5% seller fee at the start however, this drops to 9% after 3 sales, 8.5% after 30 sales or $10,000 in earnings, and just 8% after 100 sales or $25,000 worth of transactions.
StockX isn’t the only marketplace website you can sell through though as GOAT offers you a similar selling experience. The difference here though is you have to apply to become an authorised seller first, but selling fees are fixed at $5 in the U.S and $12 in the UK.
Best Sneaker Reseller Websites
Aesthetically pleasing online marketplace offers a wide array of reseller sneakers varying colours and designs to keep their kicks fresh.
- Great collection of attractive and amazing sneakers
- Newest and most sought designing shoes
- Browse fitness tools and equipment
- Provides used cars and auto parts
- Discovers the latest offers and discounts
- Get top brands of tech and clothing
- best reseller sneakers for youth
- Tracks sales with fulfilling orders
- Professional quality photo to create listings
- Best platform for high-quality products
- Pre-owned luxury collection handbags in excellent condition
- Upload collection of sneakers, shoes and handbags
- Sale is executed automatically and instantaneously
- Best platform to ensure safety for buyings
- Brand new items with original packaging
- 100% safe and secure platform
- Intuitive interface for uploading images and videos
- Free shipping and pick-up services
- best reseller sneakers for jogging
- Wide array of designing shoes
- Affordable pricing sneakers for mens and women
- best reseller sneakers for office
- Partywear, nightwalkers and hang-outs designing shoes
- Curated designer fashions and streetwear
- Get immersed community collections from various sources
- Reputed brand products in all sizes
- best reseller sneakers for ladies
- Quick and convenient money transfers
- Wide collections for men, womens and kids
- Instant notifications for deals and discounts
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Fees For Sneaker Resellers
Seller fees on StockX are broken down into a tiered system. According to the companys website, for all StockX sales there is a 3% payment processing fee.
On top of that processing fee, there is also a transaction fee that varies based on your seller level. A sellers level is determined by how many previous sales they have completed. The more sales a sneaker reseller completes, the lower their transaction fee is.
See the screenshot below from StockXs website to see a detailed breakdown of seller fees and seller levels for sneaker resellers.
As you can see, sneaker resellers can get their transaction fees down to 8% and their base transaction fee for sneakers will be $9.
Fragment X Sacai X Nike Ld Waffle
- Retail Price: N/A
- Estimated Resell: $700
- Release Date: Spring 2021
Although not much is known about these sneakers, you can definitely expect some very high returns.
Uppers consist of a mesh base with dual paneling. Suede, leather, and nylon overlays cover the dark navy upper while white/grey swooshes provide contrast. Sail midsoles and black outsoles complete the design.
This three-way collaboration will likely be the most hyped Sacai x Nike sneaker yet. Thus Im expecting resale to be over $700.
Also Check: Best Workout Sneakers For Men
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.
Criteria To Determine If Shoes Are Fakes
- Ask for tagged photos The price should normally be enough to persuade you whether to purchase an item. However, you need to consider other factors that go into the sale of the sneakers.
- Tagged, hi-res pictures of the item are one way to check if the kicks are legit or not.
- Ask the seller to take multiple photos of the sneakers with the latest edition of the newspaper to see if it’s for real.
- You can then cross-reference the pictures with the actual version of the shoes on their official site.
- Also you can refer to Fake Education on Instagram to find more tips and information on how to spot fake ones.
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First Come First Serve
First come, first serve basically requires you to actually walk into these foot sites to pick up your sneakers. This, of course, has the lowest competition against bots and those that can spoof their location. With this type of method, you are able to drive outside of your area to cop from different stores.
Typically the sneakers that are sold using this method are bricks. Which means they rarely have any decent resale value. You will either just make your money back or potentially lose money.
Best Sneaker Reseller Sites To Make The Most Money
We may earn a commission from links on our website, but this doesn’t influence the opinions of our editors.
Its sometimes a sad moment, but after the end of every shoe buying journey that took some massive effort, we stare at our treasure and question what to do with it. Is this 1/1 worth it to wear? Or is it better to sell? Use these best sneaker reseller sites to help you turn your hobby into a hustle.
The chance of scuffing up a piece of art is always high when youre using them as daily drivers, or perhaps you already got a pair for yourself or some you just dont like and want to offload for the pocket money for another pair.
Dont be hard on yourself despite your love for sneakers, this type of thing will happen, and its not your or the shoes fault. You simply werent meant to be.
But dont do them dirty with a quick sell on eBay.
Sites set up specifically for hard-to-find, rare shoes exist. Often they serve this specific purpose much better than eBay ever could, with verification specialists who authenticate shoes and carrier services that offer protected and secure shipping.
Thats why your search for the best shoe resale sites is over, and you can rest easy knowing your shoes are going to a good home.
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Selling Sneakers As An Affiliate The Option You Never Considered Before
If reselling sneakers through consignment or marketplaces isn’t really your thing, you could always sell sneakers through affiliate links. I put sell in quotes because you’re not buying or selling anything at all. You’re promoting sneakers from other companies, but you never actually touch the product. For example, you link to the Sneaker Don website and if someone buys a pair, you get paid a cut.
You get paid less per sale, but your initial investment is also way less, since you don’t have to buy inventory and worry about the reseller market.
Selling sneakers and shoes through affiliate links is way better IMO because essentially you’re still selling a product that you don’t own. Plus, affiliate marketing has the added advantage of not having to invest to turn a profit, whereas with flipping shoes you’ll first need to buy some to sell some.
Most of the name brand sneakers like Nike or Adidas have their own sneaker affiliate programs, but there’s also a bunch of collector, streetwear, and fashion focused brands too.
Although the commissions you earn won’t be as high from one sale, the long-term profitability might be much more financially interesting. With a flip, you earn once, then you have to move onto the next target. With affiliate marketing, since you’re listed in search engines, you can make commissions over and over again. Millions of people shop online every day and make online purchases, so you really need just a few clicks to make some decent sales.
Tips For Selling Sneakers For Cash
Now that you know some of the best places to sell sneakers for cash, here are a few useful selling tips to keep in mind:
- Clean Your Sneakers: This is an obvious tip, but clean your sneakers before selling them and taking photos for your listing so theyre as presentable as possible .
- Upload Multiple Photos: Take as many photos as possible of your sneakers when listing online. Also take a photo of the tag of the inside of the sneakers and the sole of the sneakers.
- Write Great Descriptions: When listing, mention information like size, brand, color, condition, and anything you can think of that would help buyers make a decision. You can also mention where you want the buyer to pick up their sneakers or if youre willing to drive somewhere to exchange.
- Research Competitor Pricing: How much are other sellers listing similar sneakers for? You dont have to undercut the market unless you want a very fast sale, but price yourself similarly so you actually get buyers.
This Facebook Marketplace listing where someone is selling Nike Air Max Bellas is a perfect example of a good listing. The buyer mentions brand, condition, size, why theyre selling, and the pick up location.
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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?
To get an idea of what is hot in streetwear, follow sneaker and fashion publishers like Hypebeast or High Snobiety.
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.
Sell With Flight Club
Selling with Flight Club is the easiest way to move your new and lightly worn sneakers. With our network of retail stores in New York, Los Angeles and Miami, in addition to a premier online experience, Flight Club offers the best liquidity and sell-through in the game, at the most competitive prices available anywhere.
Ready to sell with Flight Club?Create Your Account Here
Once you’ve registered, here’s the selling process:
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Best Places To Sell Designer Sneakers Online
May 10, 2022
This post may contain affiliate links, please read my Disclosure policy.
Sell Designer Sneakers and Shoes Online and Near You for Cash
Are you looking to sell shoes online for a side hustle, for fun or to get rid of some of your sneakers and shoes in the closet?
Turning your passion for sneakers collecting into profits is fairly straightforward, specially if you have an eye for vintage and have your pulse on the Hip culture.
The Urban lifestyle culture is the space to look for making money with designer shoes and sneakers.
Popular designer brands like Nikes, Adidas, Gucci, Chanel and others can hold some value even after used.
Also, categories like Tennis, Gym and eco-friendly shoes are being traded for cash.
The secondary market for shoes and sneakers is a place to make money reselling new or used items.
There is also a growing collectible market for Urban hobbyists
So, if youre looking to sell your designer shoes collection or want to try a legitimate business of reselling new shoes, there are many platforms facilitating this.
These platforms connect buyers and sellers from around the world looking for vintage and designer shoes and sneakers.
If your designers shoes are collectors items, youll want to sell them to the higher end consignment and auction sites.
Check this list of best places to sell, trade and resell shoes and sneakers. Review the platforms and select the ones where your styles and brands will have better chances of selling.
Navigating The Industry During The Pandemic
While slowdowns in shipping and supply chains caused some problems for the sneaker industry early on in the pandemic, the value of certain pairs, like the Air Force 1 and Air Jordan 1, has remained strong. Experts say that some pairs, like the Nike SB Dunk Low Travis Scotts or the Jordan 5 Retro High Off-Whites, will likely skyrocket in value after the pandemic. The CEOs of GOAT, Stadium Goods, and Bump all predicted that the sneaker resale market will continue to grow, and the proof is in the businesses. One teen entrepreneur that we spoke to said his business soared during the pandemic, bringing in close to $500,000 in sales during quarantine.
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