Last Updated on January 4, 2024 by
Want to get in the sneaker-reselling market? Let’s teach you how to do it.
The resell market
is worth nearly $72.2 billion, so rest assured — there’s a piece of cake fro everybody.
Let’s check it out!
How to resell sneakers online
To resell sneakers online effectively, source in-demand sneakers at lower prices, authenticate them, and sell on popular platforms like GOAT.
Pricing your shoes competitively while also ensuring excellent presentation and customer service.
Understand the Market: Keep up with sneaker trends, popular brands, and models that are in high demand.
Learn About Sneakers: Know the details that make certain sneakers more valuable, like limited editions or collaborations. 2. Sourcing Sneakers
Retail Purchases: Buy from retail stores, especially during sales or releases of limited editions.
Online Drops: Participate in online releases, often announced on brand websites or apps.
Second-hand Buys: Look for undervalued sneakers on platforms like eBay or in thrift stores. 3. Authenticity
Authenticate: Ensure your sneakers are authentic to maintain credibility and avoid scams.
Use Authentication Services: Use Legit Check By Ch to check your shoes.
You can either
read free real vs fake guides or opt for the Expert Legit Check Service. 4. Setting Up an Online Presence
Choose Platforms: eBay, StockX, GOAT, or even Instagram and Facebook Marketplace can be effective.
Create a Website: Consider setting up an online store for a more professional approach. 5. Pricing Strategy
Market Analysis: Research current market prices for the sneakers you’re selling.
Pricing Above Purchase: Ensure your price covers purchase costs, fees, and desired profit margin. 6. Marketing and Promotion
Social Media: Utilize platforms like Instagram or X (Twitter) to showcase your sneakers.
Networking: Connect with other resellers and sneaker enthusiasts.
Create Hype: Use sneaker release dates to build anticipation. 7. Customer Service and Reputation
Fast Communication: Respond quickly to queries and concerns.
Transparency: Be clear about the condition of the sneakers and your return policy.
Build Trust: Positive reviews and consistent service will build your reputation. 8. Shipping and Handling
Packaging: Ensure sneakers are well-packed to avoid damage.
Shipping Options: Offer various shipping options and include tracking. 9. Legal and Financial Considerations
Tax Implications: Be aware of tax obligations from your earnings.
Legal Requirements: Understand any legalities involved in online selling in your area. 10. Scaling Your Business
Reinvest Profits: Use your earnings to buy more stock.
Diversify Inventory: Consider expanding into different types of sneakers or related items. Conclusion
Remember, success in sneaker reselling requires patience, dedication, and a good understanding of the market.
Need our opinion on your item’s authenticity?
It’s a service we provide.
Get a fully-detailed report for why you have a real or fake item. Takes less than 48 hours!
Alternatively, use our free resources:
written guides and video tutorials.
Thank you for reading this,
Ch Daniel and Ch David