Tuesday, September 20, 2022
HomeNewsWhat Shoes To Buy To Resell

What Shoes To Buy To Resell

- Advertisment -

Buy The Shoes From Wholesalers

How to Find Cheap Shoes to Resell : How to Find Sneakers for Cheap

The most common method to sell online shoes is to buy shoes from wholesalers online. There are many wholesalers that you can find from Hong Kong and China, such as HKTDC. Each seller in marketplaces like this has a minimum order requirement.

The best thing to do is to order a pair first so you can check the quality of the shoes. Once you have them, you need to strike a deal with the wholesaler. You need to be able to order several designs. Some wholesalers sell one design by the boxyou do not want these wholesalers as you would end up with a huge inventory.

After the purchase, the wholesaler will send the package to you. You need to sort out the shoes and then keep them in your house or warehouse. Shipment of the shoes is not free, plus you have to pay for duties to your countrys Customs department.

Pros:

  • You have control over the quality of pairs that you ship to your customers

Cons:

  • You need a space to store the shoes
  • Unsold shoes are financial losses
  • You need to spend on your packaging
  • You need to work extra to ship your items

To succeed with this type of sourcing, you need to start with a small inventory, and then scale your business slowly. Like all businesses, selling shoes has a risk. If the manufacturer or wholesaler has a minimum order requirement, like MOQ, you have to ask if they would ship smaller amounts.

But First Can You Resell Wholesale Clothes

If you want to resell the wholesale clothes, you need to prepare a business license, a sellers permit, and tax considerations .

However, the process behind getting the appropriate documentation for your business will be determined according to the policy of the place where you are going to start your reselling business.

Besides, business insurance is also an essential purchase.

Recommended Reading: Is Shoolu Legit

Adidas Yeezy Boost 350 V2 Pure Oat

  • Retail Price: $220
  • Style Code: HQ6316 / HQ6318

The Adidas Yeezy 350 V2 Pure Oat, monikered similarly to the MX Oat, features a white knitted upper with grey lateral side stripes and matching heel pulls.

White laces, milky Boost encapsulated midsoles and outsoles finish off the design. On the secondary market, I believe this will be worth north of $300 per pair.

Don’t Miss: How To Win Raffles For Shoes

Ultimate Reselling Guide For Shoes And Sneakers

The global shoe resale market is measured in billions of pounds and is predicted to grow even more. Therefore, shoes and sneakers became one of the most interesting items for newbie resellers. That is why we decided to make a simple reselling guide for all those who want to earn money on pre-owned footwear. Make sure you read it if you see yourself in this type of resale business.

Where To Sell Your Items

First shoes I paid resell for.. : Sneakers

Now that youve collected items, its time to sell them. There are lots of options, but here are a few well-known online marketplaces.

eBay This long-running marketplace has over 160 million users. That gives you good visibility on items, but requires selling fees and sometimes listing fees.

Great for selling items locally, with no fees and no integrated payment processing. I sold my old car on Marketplace the buyer paid cash.

OfferUp Free online selling app for local transactions. There are various service fees, but none for in-person exchanges. The app uses Stripe for payment processing of shipped goods.

Craigslist A holdover from the early days of the Internet, this online classified advertising platform still fuels a lot of local sales transactions. No integrated payment processing, but most postings are free.

Mercari A free app that lets you sell new or used items from your phone. No in-person transactions, all items are shipped. Sellers are protected with a payment guarantee and shipping insurance. Listings are free but theres a flat 10% selling fee.

Poshmark A free app for selling fashion and home-related items from well-known, upscale brands like Coach, Michael Kors, and Louis Vuitton. Think of it as an online consignment shop. Selling fees are $2.95 for sales under $15 and 20% commission for sales of $15 or over.

VarageSale This virtual garage sale is made up of communities where members can buy and sell items locally with no fees.

Recommended Reading: What Does 4e Mean In New Balance Shoes

Vintage Items In A Set Or A Collection

Not everything under the category of vintage is worth money. Nostalgia plays a role in value as does rarity and demand.

There are some brands and some items that command interest and popularity. Typically, the older, the better if it means the items are unique, limited, and mostly unavailable in the public domain.

However, when you can combine items like this into a set or a collection, the value increases.

Pins, sewing patterns, patches, cards, stamps, video games, vinyl records, silverware, china, watches, artwork, and dolls are just some of the collectibles people will pay for in a set or a collection.

Fans of iconic brands like Disney, Star Wars, Vogue, Barbie, the Beatles, Kiss, Hot Wheels, and Tiffanys are out there just waiting to purchase their next collection.

Union La X Air Jordan 2 Grey Fog

  • Retail Price: $225

It appears that the Air Jordan 2 will be getting a lot of love this year.

The Union LA x Air Jordan 2 releases in 2 colorways including in this Grey Fog Variant. Uppers include light blue suede with side perforation and mesh toes. The bright blue eye stays, white midsoles, and white outsoles finish off the design.

On the secondary market, I expect a decent resale of around $400 per pair, yielding around $150 in gross profits.

Don’t Miss: Hydrogen Peroxide To Clean White Shoes

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.

Nike Dunk High University Red

Beginners Guide to Reselling Shoes on eBay (How To Flip Sneakers for Profit)
  • Retail Price: $110
  • Release Date: Tuesday, March 1st, 2022
  • Colorway: White/University Red
  • Style Code: DD1399-106

The Nike Dunk High University Red looks much like the Syracuse colorway and is actually quite popular.

Uppers feature a two tonal design with white leather underlays and University Red overlays that appears on the toes, eye stays, heel overlays, and the Swooshes.

White midsoles and red outsoles finish off the look.

On websites like StockX, these will probably resell for around $170 per pair.

Also Check: How To Enter Raffles For Sneakers

Do Resale And Flipping Actually Work

The most important question here is pretty basic: does resale actually work, or is it a waste of time? We know that some people make money on it, but how hard is that, and what can you expect on average? Unsurprisingly the answer is that it depends. Your expected value is almost entirely dependent on what models youre selling, in what size, when, and in what colorway.

To start off, the most important element that drives resale returns is supply assuming that other basic conditions hold, sneakers that are harder to get hold of are also going to fetch a higher resale price. The most basic recent example is Nike x Off-White: the original The Ten releases never restocked and werent large, and thats why they sell for 4x what you bought them for . Unfortunately, as anyone who bought the Yeezy 350s in Butter will tell you, its near impossible to know the drop size in advance. And if you know only 200 pairs are being released, chances are youre not getting one.

The Yeezy 350 V2 didnt sell for much more than retail after the release, probably because the drop was large enough to satisfy most of the initial demand.

The lowest average multiples over retail on sneakers come mostly from half sizes: the 10.5 , 11.5 , and 12.5 in the mens department, and 8.5W , 8W , and 7.5W in the womens department.

Pipinato Your Trusted Shoe Wholesaler

For generations, here at Pipinato we have been characterised by our passion for footwear: over the years our product expertise has been transformed into commercial competence. That is why we are a trusted wholesale shoe supplier for all retailers looking for quality items at the right price.

Thanks to our in-depth knowledge of the market, we are more than just distributors: for retailers, we are a true partner, able to recommend the best products for the success of their business.

Our vast range of shoes includes items for all needs and seasons: models for men, women, and children, shoes for outlets and end-of-series items, wholesale made-in-Italy shoes and fashionable designer shoes.

With our sales service, which is also available online, we ensure a tailored B2B supply, so you can buy your shoesquickly and with excellent value for money.

Also Check: How Wide Is 4e In Inches

Nike X Nocta Hot Step Air Terra

  • Retail Price: $150
  • Release Date: Thursday, March 3rd, 2022
  • Colorway: White/Chrome
  • Style Code: DH4692-100

Drake and Nikes new brand NOCTA really is a serious contender in the sneaker world.

The Nike x Nocta Hot Step Air Terra white releases alongside a Black variant and features a white leather material with side perforations and an exposed Air unit. White outsoles finish off the look.

These sneakers are highly anticipated and I expect resale to be around $400 per pair.

Nike Sb Dunk Low Street Hawker

Buying Guide For Best Shoes To Resell In [2021]
  • Retail Price: $110
  • Release Date: Friday, January 22nd, 2021

These sneakers already released back in January, however, youre sure to find them on anyones top sneakers of 2021 list.

Although they were originally released for the Chinese New Year that initiated the Year of the Ox, these sneakers also tell a story of Chinese cuisine.

Uppers feature watercolors that are mismatched in a What-The like fashion. Nike on the heel tabs are replaced with Chinese characters while white midsoles and mismatched outsoles complete the design.

Resale prices on StockX are at an average of $640 per pair for the shoes alone. The Special-Box edition, however, will cost you north of $1,300!

Recommended Reading: How Many Miles Can You Run In Shoes

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!

Have Multiple Payment Options

Some stores will even limit orders to one purchase per billing profile. To get around this restriction, you can use multiple payment cards if you have them. You can typically get free checking accounts that you can set up online.

Virtual credit cards are another good option and I highly recommend using them. In fact, I believe it is essential to have an account setup with Privacy and other providers like Resolut. VCCs give you the ability to have multiple cards linked to each bank account.

PayPal is another great option to use. Some stores will only take payment through PayPal. For those drops, you need to be logged into your account a few minutes before release. That way, you dont lose time having to manually log in when prompted.

PayPal even provides you with free debit cards. Essentially you can have a PayPal account tied to each bank account that you have setup.

Don’t Miss: How To Get Into Selling Shoes

How To Sell On Stockx: Secrets From A 7

As the sneaker resale industry continues turning ordinary people into millionaires, many are hungry to get in on the action and start selling on StockX.

It seems like a wise choice, as the market is predicted to swell to uncharted highs in the next few years.

But a growing field of hopeful sellers makes flipping shoes more competitive every day, leaving many wondering how to make money on StockX.

Recommended Reading: Discount Brand Shoes Dhgate

Where Can I Buy Shoes To Resell

How to start reselling sneakers (The Basics)

You can start by creating an account on a consignment shop like StockX to resell the shoes there. Both sites serve as middlemen between buyer and seller. Therefore, you deal directly with either website to sell your shoes. Send them the sneakers when youve chosen the highest bid, and they will take care of the rest.

Also Check: How To Clean Moldy Leather Shoes

Read Also: Boots To Wear With Mom Jeans

How To Spot Fakes

The most counterfeited shoes are the Yeezy Adidas. Counterfeiters have mastered the boost technology, the revolutionary performance shoe technology by Adidas that hit the pavement in 2013.

To verify the authenticity of these shoes, experts use weight, sniff, and blacklight tests.

Some sellers employ hardcore master-level sneakerheads to inspect every shoe, including packaging, labels, stitching, and glue. Whereby they issue certificates to verified products.

When identifying a real from a fake, it all comes down to craftsmanship, detail, and the material used.

Here are some tips for identifying fakes.

  • Genuine shoes are defined by superior stitching, build, and the labels font style, which is always 99.9% different from those of fakes.
  • Excessive glue stains on the midsole are another indication that its a fake.
  • Something else, check on the inside size tags of sneakers, the inside, and their box labels. Study the tags, the colors, and the details. On the inside of the shoe, theres the size tag where youll see some numbers. Check the last number on the bottom of the tag on the right and left shoe. The last four digits of those numbers should be different.
  • For leather and suedes, check for flexibility of the shoe. Nike, mainly, is huge on comfort.
  • The challenge is that counterfeiters are always improving and adapting. Hence, the trick is to develop the innate skill of identifying fakes over time.

    Fragment X Sacai X Nike Ld Waffle

    • Retail Price: N/A
    • Estimated Resell: $700
    • Release Date: Spring 2021

    Although not much is known about these sneakers, you can definitely expect some very high returns.

    Uppers consist of a mesh base with dual paneling. Suede, leather, and nylon overlays cover the dark navy upper while white/grey swooshes provide contrast. Sail midsoles and black outsoles complete the design.

    This three-way collaboration will likely be the most hyped Sacai x Nike sneaker yet. Thus Im expecting resale to be over $700.

    Don’t Miss: How To Win Shoe Raffles

    Sports And Exercise Equipment

    Sports equipment is another category to be on the lookout for. Bulky items like home gyms, treadmills, and exercise bikes can actually resell for pretty good margins, and because they take up so much space, sellers are often happy just to get rid of them.

    Well-maintained bikes, skis, golf clubs, and even hockey equipment is worth a look since buyers may be eyeing starting a new hobby or purchasing for their kids.

    Is Reselling Illegal For Luxury Shoe Brands

    Nike wants to resell your (lightly) worn shoes in some stores  Boston ...

    Its perfectly legal per the principles of commerce. Once purchased, shoes lose some value, and they automatically become second-hand products. Thus, if you choose not to use it and instead store it in the original package, you can sell it later for more than you purchased it. Youve legally cashed in on an intrinsic value that cant be controlled or claimed by anyone.

    Read Also: What Shoes To Wear With Flare Pants

    The 27 Best Items To Flip For A Profit: $50

    This post may contain affiliate links. Please read my disclosure for more info.

    What are the best products to flip for a profit?

    Buying low and selling high is a mega-popular business for side hustlers and big corporations alike.

    With product flipping, you can turn bargain-hunting prowess into profits. In this post, youll learn how turn your love of online classifieds, flea markets, yard sales, and thrift stores into an extra income stream.

    Stick around to read:

    • Where to find some educational and inspirational free training on flipping products
    • The most popular marketplaces to resell your items
    • The most profitable types of products to be on the lookout for

    The Best Items to Flip for Profit

    RELATED ARTICLES
    - Advertisment -

    Popular Articles

    How To Make Custom Shoes

    - Advertisment -