How To Start Buying Shoes Cheap
Before buying a low priced shoe, it would be prudent to establish its value. A critical evaluation is a decisive factor for your success.
This evaluation involves an initial understanding of the market and what drives these decisions. Consider the factors below to help you identify the right pairs of shoes to buy.
Why would anyone opt to buy used secondary kicks? The sweat and odor are enough to gross you out, right? Well, apparently, in the face of price, size, and availability, there are people ready to overlook the unsavouriness.
Beyond these seemingly implausible factors, there are some pretty convincing reasons for buying second-hand shoes.
- Limited editions & rarities: The designers release a few quantities to drive up the demand for these types of shoes. Theyre outstanding because of their brand-specific look.
Sneakers and sports slide sandals are at the fore-front and known as bonafide status symbols and viable investments. Popular brands are collaboration trainers like Air Jordan 3 Retro, Nike Travis Scott x Air Jordan 1, Yeezy shoes, among others.
Popular brands in this category are Ecco, Josef Stiebel, New Balance, and Naot, just to mention a few.
Secondary-use shoes are everywhere. From dumpsters, garage sales to thrift stores, and clearances.
Other robust sneaker markets that have opened up are in the Philippines, Malaysia, India, and China.
A brand name is not an automatic determinant of a high-seller.
Have A Plan For Storage
Shoes take up more space than other items you can start flipping. And its not like you can fold them up into nice piles like with T-shirts and pants. The shoebox is equally important when reselling shoes, so you must accommodate for stacks of shoeboxes. Also consider how you will organize different sizes, colors, and types.
We Have The Best Shoe Styles To Sell On Your Store
Fashion trends come and go in a blink of an eye, but these six styles have always been and will be known wardrobe staples. Fall, spring, or summer, our timeless sneakers, shoes, and boots will complement any outfit on any occasion. Design a pair for yourself or start a footwear line on your eCommerce store with a range of unique custom shoes.
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Be Careful With Knockoffs
You have probably heard stories of people selling rare Nike Air Jordans on eBay for thousands of dollars. This does happen but is rare. What is much more common are fakes or knockoffs. Yes, even Nike shoes can be fake. The world of counterfeit items extends far beyond handbags, watches, and sunglasses. If you think you have a high dollar pair of Air Jordans, or another type of expensive or designer shoe, spend some money to have them authenticated before you list on eBay.
There is a service called Authenticate First than can authenticate designer items via email and photos. You send the photos of the item to them, and their staff of highly trained authenticators, who have extensive experience in fashion and high-end brands, can determine if the item is authentic or a fake. If authentic, they will issue a COA , which you can include in your listing on eBay.
The cost for this service is about $20 and well worth it. If you list fakes on eBay, and you are caught, you can be suspended either temporarily or your account can be shut down permanently. Be careful and do your homework before listing any high-end item, or one that could be faked.
eBay resellers can easily and consistently find shoes for between $1-$5, sell them at 10, 20, or even 30 times the thrift store price, and the buyer gets a fantastic deal. Resellers make a profit as the middleman, eBay gets their cut via the fees, Paypal makes money for the transaction, and everyone is happy.
Get A Toe Into This Online Marketplace
You can bet your boots on this one: plenty of people buy pre-loved shoes every day. Go online, take a look. Thousands of people sell their shoes. Sure, most are womens but theres a market for mens footwear too.
Ordinary flats and oxfords make up most of the shoes people list. Right now, a pair of Christian Louboutin heels is selling for $650 on eBay, despite being in a clearly pre-worn condition.
Contrary to what you might think, the bestsellers arent the killer 18 platform heels or collector-item sneakers worn by celebrities. Rather and this is how we know used shoes are the new crypto-currency for ordinary people like you and me the most consistent sellers are practical shoes. Yes, the type worn in their thousands on trains and planes. And in similar thousands, discarded as having no real value after the fact.
So, have a dig around your place. Your footwear doesnt have to be in mint condition and even the more worn out pairs might find a buyer. Read on and sell your shoes.
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How One Hustler Makes $100000 A Year Flipping Sneakers
Bryson Honjo is a sneaker reseller, owner of United Hawaii and star of a prospering YouTube channel that teaches viewers how to start reselling shoes. Honjo started his journey in the sneaker business in 2016, and now makes anywhere between $50,000 and $100,000 per year.
I do attribute a lot of that to the fact that I have a social media presence, says Honjo, referencing the higher end of his potential income bracket in any given year.
He says that while his social media presence makes selling easier, its not a mandatory requirement to success in the sneaker resell game. He has seen resellers make up to $50,000 per year by posting inventory exclusively on reselling apps. No YouTube channel required.
Scaling Up The Sneaker Flipping Operation
I kept reselling pairs in that range until I had enough money saved to buy a pair of shoes for $900. After a few anxious days of waiting, I was able to flip them at $1200 for a profit of about $200. I also began to learn how to secure these $1000 shoes at retail for insane profit margins of over $500 per shoe.
I started as an absolute outsider and 4 months in I cleared $10,000 for the month.
Once you know what youre doing and you take the time to build your reputation and stay on top with sneaker news, the consistency and ease of selling aftermarket sneakers amazes me to this day.
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Best Places To Sell Shoes For Cash
by Lauren Bennett – Last Updated October 29, 2020
Where can I sell my shoes for cash near me?
How many unworn/unused shoes do you have in your closet gathering dust?
Wanna turn them into cash?
Selling your stuff, including shoes, both online, and locally in a store near you, is actually not that difficult.
Its super easy to do, and it can be quite profitable.
But where can I sell my shoes for cash you ask?
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Well, weve saved you the time and effort of scouring the internet and hunting for places offline to sell your shoes.
Below we offer a mix of online places and offline places where you can get money for your unwanted footwear.
Tips For Selling Shoes
As you can see, there are a lot of apps, websites and places where you can sell your shoes for cash quickly and easily.
But to get the most money for your pair or pairs of shoes whether they are dress shoes, sneakers, designer shoes, tennis shoes or any other kind you need to do what the pros do.
You need to list the same shoe on multiple platforms. This has two benefits:More potential buyers will see your shoes for sale.
You end up selling them for the most cash!
So if you want to sell your shoes fast and for the highest price, use this tip.
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The Cons Of Reselling Shoes
As a hustler, you need to be aware of the potential problems you will be facing with every venture you undertake. And as profitable as reselling shoes can be, it also has another side of the coin that you need to know before diving deep into the sneaker business.
Below are some of the more pressing issues:
Cons to Consider when Reselling Sneakers
Whether You Sold Them Or Not That Was Your Chance To Make A Sale
Blow that, and you were back at the bottom.
Don’t satisfy them and you got product returns that cut into your paycheck.
Because of that, you had to build trust with a customer quickly and, knowing how much guys hate to shop, make it easy for them to get their annual footwear purchases out of the way. Which meant always looking for the higher ticket via helping the customer get what they wanted.
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My First Profitable Flips: Starting With $1 T
At thrift stores, I could pick up t-shirts for $1 or $2 and sell them for about $10.
I was able to make money doing this, but it was nowhere near enough to reach my goal of matching the current paycheck.
At best, I was making a $10 profit for each item I sold, and at the peak was selling 5 items per week. Its good that I was making some money on the side pretty consistently, but I became hungry for more and started to brainstorm ideas.
How To Get Started As A Sneaker Reseller
Sneaker reselling is an awesome way to make money. To get started, you will need a social media account and some patience.
Firstly, find out what sneakers are popular right now. What are the trending shoes on social media? Are any of your favorite celebrities wearing them?
Next, use sites like eBay or Nike to find out how much they should cost. When you have that price, post some on your social media account.
Finally, wait patiently for the shoes to sell. Once they do, congratulations! Youve made a lot of money and gained tons of followers.
Lets look at the nitty gritty of setting up your shoe reselling business:
There are essentially 4 steps to starting a successful shoe flipping business:
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Shoes Speak Louder Than Words
People talk about clothes but, more often than not, fail to mention the accessories that complete the look, the most important thing that can make or break an entire outfit the shoes. The first thing people tend to notice on a person is their shoes, and they can tell you a lot about someone, so start designing shoes that tell stories. Start selling custom shoes that speak louder than words ever could. To start a footwear line, unload your creativity on the shoes that you can find in our catalog, put a price tag on and start selling.
How Much Can You Make Reselling Shoes
The short answer? Millions.
JV is a guy making six figures a year reselling shoes. He got his start flipping sneakers as a side gig while working retail. After 4 months in, he was clearing over $10,000 per month.
Hell teach you how to do the same thing he does, clear the big bucks, in his online course. If you add the code NICHEMONEY, you can get an extra 10% off.
Reselling shoes isnt a rare phenomenon. A quick look at Amazon and eBay will reveal you a secondhand pair of sneakers up for grabs for every brand new pair. The process of shoe selling is all too common that there are people who made reselling shoes a profitable full-time job.
However, there are only a handful of people who have built an empire as shoe resellers. Arguably the most successful sneaker reseller is Benjamin Kapelushnik. Also known as Benjamin Kickz and owner of the sneaker marketplace Sneaker Don, he started in the business at 13 in 2013 and made it big two years after.
He rose to fame as the shoe supplier to DJ Khaled who referred him to his friends in the music and entertainment industry. He made his first million in 2016 and had been reselling rare and expensive shoes and sneakers to high-ticket clients since then.
Sneaker collecting is a thing and for individuals who can get a good deal on rare or hard to find sneakers like a limited release commemorative pair of Nike Air Jordan 2 Just Don, the Nike SB Dunk, or others, it can be ridiculously profitable to be reselling sneakers.
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How To Sell Your Sneakers Online: The Ultimate Beginner’s Guide
Not every sneakerhead is in the game for the same reasons. Some are in it for the nostalgia, still in love with the pairs they wore in their teens. Some are in it for the clout, addicted to posting their latest pickups on Instagram. Others, meanwhile, are in it for the profit, running their sneaker closet like a business.
Regardless of how you got into sneakers, these days it’s nearly impossible to keep up with all the shoes dropping every weekend. The reality is, eventually a time will come when youll feel the need to liquidate some of your stash, either to make way for new pairs, or simply because you feel its time to downsize the collection. In turn, sneaker-specific marketplaces such as Grailed, Klekt, StockX, and others have been on the up, connecting buyers and sellers around the world.
For those who are new to the hustle, heres a step-by-step guide to selling your sneakers online:
Where To Sell Shoes
Now that youve acquired shoes, you must determine the best platforms for selling them to make a profit.
To begin, create an account with a consignment retailer such as StockX and resell the shoes there. Both sites act as go-betweens for buyers and sellers. To sell your shoes, you must deal directly within the platform.
When youve decided on the highest bid, send them the sneakers, and theyll take care of the rest.
Sites like StockX make it easy to sell your shoes while ensuring that consumers arent fooled with fake footwear.
It would be best if you were as specific and comprehensive as possible regarding footwear. Make sure you leave no stone unturned and that your description is accurate.
If youre a new seller, it will take some time for buyers to warm up to you. So it would help if you continued to focus on winning buyers trust and moving forward.
Expect shady people to express interest if you sell shoes informally, like on Facebook Groups or Sneaker Con. As previously stated, you must determine whether the buyer is trustworthy.
There are also other apps to consider, such as the GOAT app. Its a purely devoted software for buying and selling sneakers and is extremely popular among sneaker dealers.
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People Really Do Buy Used Shoes
If you have any doubts, here are some stats from eBay about shoe sales to help convince you:
- eBay shows over 1 million completed sold listings in the shoe category, in used condition, in the last 30 days
- 60 percent of those sold listings are for women’s shoes
- Flats and oxfords account for the largest percentage of shoes by type
- Used Christian Louboutin heels have sold for over $5,000
Where To Sell Your Shoes In Your Area
One of the easiest ways to sell your shoes is to connect with buyers in your local area. Typically, a local buyer will be able to speed up the process. The faster they buy your shoes, the faster youll get your hands on some cash.
Selling to someone locally also means you wont have to worry about getting to the post office or paying for shipping.
Remember to be safe when meeting up with a local buyer. Although it is great that they want to buy your shoes, you should use caution when setting up a meeting spot.
Try to choose a well-lit, public place during the day to arrange the swap. It is also a good idea to bring a friend along.
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Why Sell Shoes Online
There is one great reason to sell shoes online: Theres money in it. Dont believe me? Consider the case of Beth Marbach, who made $4 million when she switched from selling books to selling shoes.
Or how about Benjamin Kapelushnik, a 16-year-old who makes a killing selling sneakers. One woman even made a whole lot of money selling her old used shoes. There really is a market for everything if you know where to look and who wants to buy
Im not saying that everyone will make millions selling shoes online, but there is definitely a market here. The global footwear market is set to reach over 400 billion dollars by 2025 and consumers in the US alone are spending over $76 billion on shoes each year. Thats a big money-pie, so why not take a slice?
How To Identify High
- A grail: If a shoe is on high demand and its not easy to find, it falls into this rare class. Some collectors are known to travel across vast miles to acquire a pair, or even wait for years holding out on prospects.
The most popular grails are for brands like Nike, Air Jordan, Adidas, and New Balance.
- The condition: The look and feel of the shoes has an impact on its inherent value. Changes in color, cleanliness, and smell are some factors assessed by discerning collectors and buyers.
- Type of material: No synthetic materials used in the production of authentics. The manufacturers use expensive high-grade leathers like pebble leathers that dont crack. The leather is thick to ensure that the shoe doesnt lose its shape and looks newer for longer.
Some designers also strike a balance between affordability and quality by using tumbler leather.
Hand-painted sneakers are increasingly becoming popular.
- Specific use: Quality of footwear and the type of flooring materials and surfaces are significant factors contributing to standing or walking comfort and injury prevention. Therefore, there are shoes for specific tasks such as roofing, mining, oil and gas, telecommunication, utility, laborers, machine operators, and others that might cost higher.
- Size: Shoe sizes 9 to 12 are popular, size 10 being the fastest moving shoe size. Also, wide and narrow widths can be challenging to find in a retail store and online.
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