We’ve already talked about it, but it never hurts to have little reminders every once in a while. The sneaker industry in Asia is certainly a force to be reckoned with on the global level. After all, it’s in Asian countries like Japan that hype lines like Nike’s CO.JP became a thing. And it’s in Asian countries that many of your favorite sneakers are made. So today, we’re gonna tackle another market that is worth the discussion. What does sneaker reselling in Malaysia look like? And how can you start a business there if you have an interest in that? Well, let’s find out more about that, shall we?
The Malaysian Sneaker Market Is Doing Its Thing
As usual, we’re gonna talk numbers before we dive into the details. So, the Malaysian sneaker market generated about $200.6 million in revenue in 2024. And according to statistics, we can expect the number to shoot up to $258 million by 2028. So, if you’re wondering if getting into the sneaker industry there is worth it, it most definitely is. But how can you get into the gig without taking Ls when hot drops take place?
Well, sneaker stores in Malaysia usually get hot releases that everybody wants in on. For example, we have stores like Hype Vault, Solewhat, and more that made a name for themselves in the industry. Now, if you wanna score kicks for retail off sites like those, you’ll need a sneaker bot by your side. I mean, why risk the L when you can boost your odds of scoring a pair… or more? Don’t worry though, we saved you the trouble and rounded up the best sneaker bots in Asia for you! Now, how about we talk about where you can flip the kicks once you have them?
Sneaker Reselling in Malaysia – All You Need to Know
Okay so, you got your sneaker bot and managed to score some pretty hot kicks! And now you wanna move on to the next part of your plan which is reselling the sneakers. That’s where resale platforms in your area come in handy, and that applies to sneaker reselling in Malaysia. So, here are a few platforms where you can sell your kicks and make that sweet profit on!
- StockX: It’s the go-to for most sneaker resellers, and its biggest selling point is that it’s everywhere! StockX charges a 9-10% seller fee, and that changes depending on what level you’re on or how much you’re selling.
- Novelship: The platform is one of the leading resale destinations in Malaysia. And for a seller fee of 10%, you can flip your kicks and get a pretty solid authentication process.
- Carousell: If those seller fees sound like too much, especially if you’re just starting out, we get it. Luckily, Carousell is here for you to sell your kicks without seller fees! Although it doesn’t have an actual authentication process, the community around it certainly does the job.
