How Do You Manage Inventory
The short answer is I dont I try and sell each pair as quickly as I buy them!
When selling shoes, it can be easy to amass a bulky collection that you have to keep somewhere. To avoid that, I focus on brand new releases or shoes that are really hot classics I know will sell quickly.
This strategy translated into less headache and hassle storing and tracking the inventory, and also let me turn my cash over to reinvest in the next flip faster.
Other Things To Consider When Selling Clothes On Facebook
Most clothing products are good for Facebook live sales, but there are a few things to take note of. In general, you should be honest in the presentation of the products. The presentation should not be overly sexualized, especially for items like lingerie and underwear.
For a more comprehensive discussion on what you can sell and how you should do it, please read our article on the
In the end, selling clothes on Facebook is the perfect way to recreate the department store and boutique experience online. Unlike static online shops where you find pictures of the clothes at best, a live sale lets customers see the clothes and how they handle them in real-time.
Editors Note: This post was originally published on October 8, 2019, and has been updated on April 6, 2021.
Choose Your Etsy Shop Preferences
Once youre done with the setup, you must customize your settings for how you want your shop to function and what you want your homepage to look. In addition to entering the information regarding the shop language, shop country, shop currency, you will also need to fill in the following:
The Name of Your Shop: Before you can begin selling, you need to name your shop. Choose a name that is less than 20 characters long and doesnt contain any spaces or characters that arent letters and numbers.
Keep in mind that choosing the right name for your shop can help your search engine optimization purposes in Etsy search, so it pays to have at least a basic understanding of keyword relevance and SEO before you decide on a name.
If youve already chosen one, Etsy allows you to change it just once.
Shop Title: This is a brief description of your Etsy store in the products you sell. Your title should inform customers what you do, sell, or provide. As with the shop name, keyword use is essential here.
Links: The platform allows you to link to your social media pages. You can link to your Twitter feed, Facebook page, and other social outlets so you can easily promote your storefront to your network.
Shop Announcement: In this section, you can include details about your Etsy listings or whatever else buyers might need to know when they visit your shop.
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The Process Of Reselling Shoes
While earning over a million dollars for reselling shoes at this stage is still possible, there are lots of obstacles you must overcome to reach that goal. Aside from bagging clients willing to shell out serious dough for sneakers, you need to learn where to find and acquire the most sought-after shoes.
The competition nowadays is fierce as youll be lucky to establish a client base as a beginner.
Therefore, you need to immerse yourself in the sneakerhead culture and apply yourself 100% to have a fighting chance. There are more individuals than ever involved in sneaker collecting so the sneaker resale market has room for more entrepreneurs .
Weve already discussed the sneaker industry in general above. Now, its time to delve into the process of the actual process of reselling shoes and sneakers.
How Does Etsy Work
Etsy is an e-commerce platform and marketplace facilitator that connects sellers of unique goods to buyers. Unlike platforms like Shopify, Etsy allows you to sell your arts and crafts using a web browser or the Etsy app without having to build a website.
Most of the people who sell on Etsy create something unique like a painting, cutting board, sculpture, coaster, or other handmade items. Etsy helps sellers find buyers for those items with product listings.
Like most other online marketplaces, the buyers are then able to purchase the items directly from the seller and Etsy charges a fee for facilitating the sale.
The thing that separates Etsy from other marketplaces is that it focuses primarily on unique goods that are not in mass production sold by individuals or very small businesses. Many of the goods are handmade and have a level of charm that products at big box stores are simply missing.
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Glyde Swappa Gazelle For Tech
While all the marketplaces will gladly host your tech sales, if you intend to sell smartphones, tablets, laptops, video games or other tech products, consider the specialized marketplaces Glyde, Swappa and Gazelle, or similar stores like uSell and .
With Glyde, your item lists for free and the service links you up with interested buyers. When your item sells, Glyde takes a 15 percent cut. When you list an item for sale, the amount quoted for “in your pocket” is the amount you will make on the sale. Depending on the item, a shipping kit will put you out $1 to $6.
Swappa is a community market that directly links buyers and sellers. It includes all of Glyde’s categories, along with VR headsets, smartwatches and home tech. One major difference is that Swappa’s fee is built into the price of the listing and paid by the buyer upon purchase, whereas Glyde or eBay transaction fees are paid by the seller. Swappa buyers and sellers use PayPal, which has protections for both parties.
Gazelle, which describes itself as a “reCommerce company,” lets you trade in used electronics for cash. It purchases used smartphones, tablets, laptops and desktops, which it inspects, certifies and sells. Gazelle ecoATM kiosks, located in malls and retailers, are automated machines that let you sell unwanted tablets and smartphones and receive cash on the spot. Payment comes in the form of a check, as an Amazon gift card or via PayPal.
Beads And Jewelry Supplies
If you dont have the creativity or time to craft your own jewelry for sale, you can simply sell the supplies so your customers can make their own personal jewelry.
With everyone stuck indoors these days, people are spending their time trying to learn new skills and tap into their inner creativity.
Thats why jewelry supplies and beads are among the best things to sell right now to make money on Etsy.
Example of successful beads and jewelry supplies seller on Etsy: BeadBoat
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Sell Your Shoes Online The Smart Way
There are so many great ways to sell shoes online that its hard to choose one, right?
You can always try one or two at a time and see which one works best for you.
In my opinion, consignment shops are the best. They are stores that sell secondhand items on behalf of the original owner, who receives a percentage of the selling price. Consignment stores give you a great opportunity to sell your used shoes and make money.
You wont make a ton of money, but its pretty good for shoes you probably would have donated anyway.
If you dont live in a big city and there is no consignment shop around, there is nothing to be worried about. You can still sell your stack of old shoes and other used items for top dollar online.
All you need is a good internet connection and a smartphone.
Good luck with selling shoes online and making some extra cash.
Setting Up A Facebook Clothes Shop
Before doing your live sale, you should prepare the products you will be selling. You must have the actual product or samples on hand you cant rely on mockups. Clothing and apparel are very popular for live sales, and you can get started once you have them ready.
Assign numbers to the products. This helps you keep track of the order of the items as you go through during the live. It also makes it easier for customers to buy. Its similar to how auction houses prepare lots for the customers. You can prepare notes and an outline as well so you dont get lost during the live.
Things to highlight when selling clothes on Facebook Live:
- Color and size of the clothes
- Availability of stock
- Styles available
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Where Do You Buy These Shoes To Resell
I like to buy older models either through eBay or Facebook groups and sneaker conventions.
For new shoes, youll go directly to the brands website and either press your luck right on the release time or you can utilize a sneaker bot to greatly increase your chances of securing a pair at retail price.
There are also authorized retailers that stock desired shoes, like FootLocker or Eastbay, but its best to go with lesser-known sites like Mr. Porter and END to increase your odds of getting the shoes at retail.
How Do You Deal With Fakes
Although there are plenty of fakes on the market, there are also plenty of resources that will educate you on fakes and how to spot the differences.
As a buyer, you can ask for detailed, tagged pictures and compare them to the numerous tutorials on YouTube or on sneaker forums that will give you a good idea of whether theyre authentic or not.
Also, if its a new release, only deal with people who include the receipt from the store that they purchased. That way youll know theyre real and also if its your intention to turn around and resell them, then you can prove to buyers theyre the real deal as well.
Another issue when dealing with fakes is selling authentic shoes but having the buyer try to claim that theyre fake. This can be solved by including a receipt as mentioned previously, or you can take detailed pictures as youre shipping to prove that you are in fact shipping authentic shoes.
Be sure to include tracking with signature required and insurance so the buyer also cannot claim that he or she never got the kicks.
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Selling On Multiple Marketplaces
No single marketplace has a lock on your sale legally or ethically. As an honest seller, you have a right to employ any venue you like until your item attracts a buyer. Hard-to-sell items benefit from multiple marketplaces, exposing them to multiple sets of eyeballs and people who are searching for your specific item on only a few marketplaces.
Try starting off with Facebook Marketplace and Craigslist for local buyers. Then, depending on your item, branch out to worldwide venues like Amazon, Etsy and eBay or, for electronics, specialists like Swappa, Glyde or Gazelle.
If you place an item up for auction on eBay, you are required to sell it to the highest bidder. Withdrawing the item from auction because you sold it elsewhere is considered rude, so if you’re planning to list your item in multiple places, leave an eBay auction off the list, use it as a last resort, or clearly state that your item is listed elsewhere to warn that an auction could be canceled.
Finally, as you place your item up for sale, abide by the golden rule: As soon as your item sells, mark it as sold or remove it from the site.
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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Tips For Selling Your Used Shoes
If youre in a tight financial spot and need money quickly then the apps above will help. But, before trying the selling apps listed here to sell your stuff locally you should follow a few simple tricks to get the best bang for your buck. Follow these tips to sell your items successfully on these best apps to sell stuff:
1. Be Honest
I am always upfront about the condition of each item I am selling and honest about each product or item Ive listed.
2. Use Google Voice
I used Google Voice phone number in all my Craigslist posts/selling apps, which makes potential costumers feel more at ease knowing they can contact me. I dont like disclosing my personal cell phone number or have someone calling my real phone number 3 months after I sold them an item.
3. Create a Craigslist Email Address
Having a selling app or Craigslist-only email address keeps all your selling activity separated from day-to-day life.
4. Be Assertive, Yet Friendly
My time is probably the more expensive thing I have. I let the buyers know I wont stand for low ball offers, and that they will be simply ignored. I post that in all my ads. Just dont be a pushover.
5. No Trades Strictly Shoes for Cash
Trying to make money here, and I only deal with cash.
6. Use a Brief and Accurate Headline for Your Clothes
I use a concise headline, for example, it would be- Mens Adidas Sambas Size 12
7. Pricing Your Clothes for Cash
I price my items so I have a little wiggle room to price haggle.
How To Buy & Sell The Most Expensive And Sought
Ever since the 70s, there are only two brands that mattered to most sneakerheads: Nike and Adidas.
Both brands have produced lines of sneakers and shoes for athletes and artists. Some of those lines have withstood time and exponentially increased their value since their release. Some brands have made waves and are poised to make one . However, if youre in the sneaker industry, you cant go wrong with these two brands.
Below are some of the more popular expensive shoes in the market pioneered by the two brands:
Most Popular Expensive Shoes to Resell
As mentioned, there are other up-and-comer brands with pairs of sneakers worth looking into. Thanks to Stephen Curry, Under Armours stock is rising. And while Big Baller Brand built their brand around hype , the $500 pair of kicks theyre selling is interesting to say very least.
That being said, when youre starting out with flipping sneakers and learning about the resale market for popular sneakers, you should stick with the most popular brands.
In the beginning, learning about the sneaker resale market, secondary markets, and spotting fake sneakers will take up plenty of time and energy. You dont need to be speculating until you get your sneaker game up to snuff!
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The Shoe Reselling Industry
Forbes estimates that the resale market for sneakers is estimated to be over $1 billion annually.
Nicks Notes: By carefully and expertly hyping each new product launch, the manufacturers cater to loyal fans and strategically never quite make enough to fully satisfy the demand. Its that constant shortfall on the supply side that fuels the resale market.
This is also trend that doesnt appear to be slowing anytime soon. That same Forbes article notes that the international sneaker market is up 40% since 2004.
Even though only an estimated 4% of sneakers end up being purchased for immediate resale, the market has attracted side hustlers and entrepreneurs. At the top of the heap, some resellers are moving more than $2 million in inventory a year.
Digital Artworks And Printables
Some people prefer to sell digital products to avoid having to deal with shipping.
If you sell artwork or other items that can be printed, such as stickers, planners, stationery, customized notebooks, and so on, you will be able to avoid wasting time with shipping and the costs associated with it and create a fuss-free way to make money on the platform.
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Places To Sell Shoes Online
Sometimes you just do not want to deal with seeing another person. The good news is, you can find a buyer for your shoes completely virtually. The downside is that you will have to deal with shipping costs and the other hassles of getting to a post office.
Luckily, we live in a modern world that offers a variety of ways for us to sell our things, including shoes. You have many options for selling your shoes online, so you may want to check out a few different ones to get the best price.
What Are The Best Selling Items On Etsy
You can also use a tool like Etsy Rank to see the most successful stores on the platform, the number of sales they make, and more.
A quick browse will show you that handmade jewelry, party accessories, and planners are doing quite well.
Seeds are performing great on Etsy, which is probably because everyone suddenly has more time to tend to plants and vegetables due to lockdown restrictions.
Heres a list of the current best-selling items on Etsy:
Organic Cosmetics: Organic makeup and cosmetics arent easily accessible, and most users prefer homemade products, which is why this category is quite lucrative on Etsy.
Personalized Pocket Knives: On Etsy, customized items are always in trend as they make such great gifts. One of the best-selling products right now is personalized pocket knives
Soy Candles: These sell really well because theyre non-toxic, last longer, and cost the same as traditional candles.
Theme-based Items: The Game of Thrones cutting board pictured below is a great example of how people are cashing in on themes. The season may be gone, but the hype remains and people continue to make money from it every day.
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