How to start a sneaker reselling business

How much money can you make reselling sneakers?

It is absolutely possible to make five figures, more than $10,000 per month reselling shoes. Many people see resellers like Benjamin Kickz or Rashed Belhasa and wonder how these teenager are making so much money from just sneakers.

Is sneaker reselling dead?

All in all, the sneaker reselling market is dying but it can be brought back from the dead . The only way to bring this back is by the sneaker companies limiting the number of sneakers released per style and not releasing so many colorways of the same shoe.

How do sneaker resellers get so many shoes?

What makes the sneakers worth so much ? “It all comes down to supply and demand. Resellers know these sneakers will sell out, and so does everyone who wants to wear them. The combination of limited availability and hype drives prices through the roof on the secondary market.”

When should you resell sneakers?

“Sometimes the best deal is after they’ve already sold out,” Morrison explains. “There are shoes from last year which are worth 150 per cent more than their resale value on StockX the day after they were released.”

Is reselling sneakers illegal?

Generally, it’s not illegal to resell an item that you have legitimately purchased. Once you have purchased something at retail it is yours to do with as you choose. If you’re using manufacturers’ logos to advertise the products you’re reselling , you need their permission.

Is it illegal to resell Nike shoes?

You are free to resell any lawfully purchased item and you are not required to purchase from an authorized source, but doing so ensures the best chances that you are dealing in legit product.

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Is Yeezy resell dead?

While it might be inaccurate to say the Yeezy resale market is dead — it’s certainly taken a significant hit in recent months. Despite selling out on shelves, the number of available pairs are growing and the exclusivity that was once attached to owning a pair doesn’t carry the same prestige in 2018.

Is reselling sneakers worth it?

Compared to some other ways of making money online, the sneaker resale market is very profitable and valued at around $1 billion. While only 4% of shoes and sneakers are purchased upon release for resale , the market benefits from side hustlers and entrepreneurs who operate in different channels.

Is it hard to resell shoes?

The selling is the easy part — getting the shoes is hard I’ve always been interested in sneakers. Little did I know that there was an entire industry in reselling them. After he told me some tips to get started I decided that it was time for me to start dipping my toes into the sneaker reselling game as well.

What are the best sneakers to resell?

The 10 Best Sneakers Reselling for Under Retail Right Now YEEZY Boost 380 Mist. $200. adidas Originals. Air Jordan 1 Retro High ‘Guava Ice’ $146. Nike. Air Jordan 1 Retro High OG. $199. Nike. Air Jordan 4 Retro SE 95 “Neon” $195. Nike. 990v5. $130. New Balance. ZX 4000 4D “Easy Mint” $277. adidas Originals. Yeezy 700 Mauve. $330. adidas Originals. Yeezy Boost 700 Analog. $334. adidas Originals.

What is the best sneaker bot to buy?

AIO Bot is easily one of the best sneaker bots in the game. Not only in 2019 but ever since it launched back in 2014. Supporting Shopify, Adidas, Yeezysupply, Mesh sites, and killing it on every release on Footsites. AIO Bot is also one of the easiest to run if you’re just getting started.

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Where can I sell my shoes fast?

If you’ve ever wanted to sell your shoes fast , there are multiple places to sell your old shoes online. Flyp. The RealReal. thredUP. Poshmark. Tradesy. Grailed. Heroine. Kixify.

What’s the best shoe size to resell?

From my past experience, size 8 US and size 12 US are the 2 absolute best sizes to sell with the highest demand, the quickest sales, and often higher prices than other more common sizes like 9 and 10.