Welcome back again to another reason to love the sneaker industry! Whenever we think about having side gigs, sneakers always come up, and that’s because it is a profitable venture. You see, according to projections, the sneaker resale market will be valued at $30 billion by 2030! And if that’s not a sign for you to dive into it, we don’t know what is. So today, we decided to help ease you into this world by showing you how to resell shoes! It might feel like a hassle, but once you get that dice rolling, you can never look back. Now, let’s jump right into it all, shall we?
Can You Make Money by Reselling Shoes?
The short answer is yes, definitely. But the longer answer is a bit more in-depth. You see, when you first start to learn how to resell shoes, you might start small. For example, you can make about $100 in profit per pair, which is already a big deal. You might even luck out and score a hype pair that will fetch you a few hundred dollars in profit. And as your ability to cop more kicks grows, so will your profit. You can actually hit a point when you can make thousands of dollars per month!
How to Resell Shoes – The One-Stop Guide!
Research Is King
Okay, that might sound like something a geek would say, but it really is true. Before you decide to resell anything, you should do some research and assess the market. Just like any gig, knowing the market you will operate in is crucial. And of course, not everything is worth the investment. In other words, you gotta know what the most hype sneakers are. So, make sure you study your options before you take that leap into sneaker reselling.
Buy Sneakers for Retail
If you wanna make the most profit, this is the golden rule. The industry gets ready to shop whenever exclusive or hype kicks are coming. And usually, the demand far outweighs the supply. But if you really wanna get into reselling, you will need to catch these babies and beat the competition. Now, to do that, you will need all the help you can get. Luckily for you, we have this guide to show you the ropes of scoring kicks for retail. Hint: It involves having NSB3 in your arsenal!
Good Storage Goes a Long Way
Here’s another crucial point if you wanna know how to resell shoes right. Sometimes, you need to sleep on some pairs and wait until their value rises. However, if you wanna keep your kicks in perfect condition on ice, you’ll need the right sneaker storage. The right storage will help your kicks stay fresh and well, it also offers some kind of order. That is especially important if you’re aiming for copping kicks in bulk and flipping them. You can learn more about sneaker storage here for the best tips and tricks!
Choose Your Resale Platform
This should go without saying, but reminders never hurt anyone. Choosing the platform on which you sell your kicks can make a difference, and so can its location. For example, the same pair that wouldn’t make you money on StockX in the US could make all the difference on a resale site in Japan. So, if you wanna know where to resell your kicks, check this out! And finally, be patient and trust the process because sustainable success doesn’t come in one day. Godspeed!
