A Beginner’s Guide to Making a Profit by Reselling Sneakers

The past shapes the future. Back in the day when the internet still didn’t exist, sneakerheads would depend on word of mouth and mailed catalogs to get in touch with the latest trends. People would run off to the nearest shoe store to get their hands on the latest pair, and these shared experiences of sneakerheads help shape the community to what it is today.

Today, with the help of the internet and phone applications, buying shoes are now more accessible. With a simple notification about the latest drop and within a simple click of a button, your fresh new pair of shoes would be on their way to your doorstep in just a few days.

Buying sneakers are definitely more effortless these days. You can do your shopping in the comfort of your own home, and selling them is relatively easy as well. There are several apps and websites out there that you can use to display your shoes in the hopes of attracting possible buyers, but as easy as it may sound, reselling sneakers is not only buying and selling shoes to a niche market.

You should have proper knowledge about the sneakers you’re buying. The right pair of sneakers could generate you a profit, but not all. Some sneakers are cheap at retail prices and can accumulate value over time, but the same goes for the opposite. Some sneakers start as expensive, but they dwindle in value over time.

Having enough knowledge on which sneakers to invest in could help you in making a decent profit. You might start with a $10 profit, but it will grow eventually if you put the right amount of effort into it. Don’t be afraid to take risks; they’re expected in every business out there, not just in the sneaker industry.

Aside from knowing what to buy, you should also know where to purchase these sneakers to attain maximum profit when reselling. Sneakers often come with a much lower price during their release dates, so be sure to look out for fresh new drops in the market, and buying in bulk is advised.

Going to thrift shops and flea markets also helps if you have the patience to search through hundreds and hundreds of pairs of shoes. Just be sure to look out for fakes when you choose the thrifting route since many counterfeit products out there almost look exactly the same as the original.

Some people like to buy shoes for their personal use but eventually decide to let go of their pair for a brand new one or as a result of foot injury from running. Some sneakers have value even though they have been worn before, especially the rare ones. Just make sure that the sneakers you’re selling are still in great shape and be ready to use a little bit of elbow grease to clean the shoes if you’re selling it secondhand.

The type of shoes you wear reflects who you are as a person. Sneakers are a great way to show personality, and they’re a great statement piece to any outfit. The sneaker industry has thrived through the years and has now grown into a billion-dollar industry.

The competition these days is fierce compared to the past few years, but taking risks is needed. Don’t be afraid and take that leap today because you’ll never know unless you try. Just be sure to have proper business etiquette, care for your clients, and especially care for your products, then you’re on your way to a very profitable and rewarding business venture.