How to Start Reselling Sneakers in 2024! (Complete Guide)
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HOW TO START RESELLING SNEAKERS IN 2024
Reselling sneakers has changed a lot in a year so this video is not going to be the exact same info as my how to start reselling sneaker in 2023 cuz the game has changed so much, it will have similar aspects but not the same
But imma go over the how to start reselling sneakers based off my journey and the adjustments i've made
Reselling sneakers is an outlet to learning about business and being exposed to the business world, like there is so much opportunity in shoes that i didn't know until i seriously got into it
Backstory
I resold sneakers for two years and I have made $150,000 in around 2 years
And today I’m going to teach yall what I did to make that money
Anyone can do it, but ofc it depends on how much work you are willing to put in.
Two MAJOR methods
Quick flips
Consignment (which is the best method this year)
And a 3rd method that came with me by surprise making videos: content creating
But right now lets start with reselling only
Quick flips
LOCAL & RETAIL
LEARNING WHAT SHOES and SIZE TO SELL
A lot of people ask me “what shoe should i sell starting off to resell”
Lets get this out the way, there is no magical shoe you can keep buying and selling that i can straight up recommended BECAUSE, every shoe can be resold IF you get it for the right price, THIS APPLIES TO ANY JORDAN 1-14, YEEZY, HYPE NIKE SHOES
There is one big thing you have to consider when buying shoes to resell
The demand
You can buy any shoe you want, but you have to figure out how long it will take to sell, if its a shoe that everyone wants, they will sell faster, if its a shoe where you have to take time selling posting on all your platforms and will sell in a few weeks to months, then you will have to take that into account when buying it
If there is more demand, you can offer more because it will sell quicker and you can reinvest that money faster
If it doesnt have that much demand, you should offer lower to factor in that wait
Best way to check demand is through stockx and goat sold listings and ebay sold listings
If used shoes, use goat and ebay sold listings,
Checking the demand helps adjust how much you are willing to offer for the shoes
If a shoe sells for $200 constantly on a daily basis, i would offer $150 so i could sell them for $200, or even if someone offers me $180 i might take it
If a shoe sells for $200 but there is no demand for it, not many sales daily and its more spread out, i might offer $100 because i have to factor in that wait
Now for size,
Generally for me sizes 5-12 are the best selling sizes to me
And also keep into account there are sometimes shoes that are only good getting the bigger sizes
For example a jordan 13, not many girls and younger kids would be wearing those, usually the older og sneakerheads with big shoe sizes
And nike dunks and jordan 1s, girls and younger kids are more likely to wear those so there is a lot more demand for that
So now you know what shoes to sell and how to price them, but where do you get them?
Getting shoes for retail: aint the best no more, but withr profitable shoes its always good to go for them
The apps you will need is mainly the snkrs app, confirmed app adidas, and footlocker and champs
Now you don't need to know how to bot to get sneakers for retail
Start locally local marketplaces facebook marketplace, offerup, facebook groups
There are SO MANY DEALS on facebook marketplace, i think you can find a deal every single day if you try hard enough, that's what i used to do
Every mourning i would wake up, check my local marketplaces for new sneaker listings
And just offer, offer on all the shoes I see. And in time I knew what shoes would sell fast for me and would take bit slow for me so I started prioritizing the shoes that sold good for me. It was usually used pairs of jordan 4’s those always sold so good for me and i was able to get em for cheap and clean em up.
Go to all your local marketplaces and offer and offer
Offer prices that are fair and compare it to what price you think you can sell at
And you should know what price you sell at if you take a look at the demand
But its okay, sometimes it will take longer for you to sell and quicker to sell than you think, it comes with trial and error along the journey
Consignment
The best method right here
If you don't already know, consignment is when you put your brand new sneakers in sneaker stores/ consignment stores and they will sell the shoes for you.
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