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.
Sell Your Own Shoe Designs
If you consider yourself a shoe enthusiast with an eye for design, then you could potentially make some fast money selling your own shoe designs online. You dont have to be a pro or an experienced artist all you need is motivation and have a desire to learn.
Here are the best places to start selling your own shoe designs.
How Emma Made 2000 Selling Trashed Shoes On Ebay
Thinking about having a summer clearout, to make way for all those flip flops and sandals youre going to buy?
Dont throw out those shoes that are falling apart that youre a little embarrassed to be seen in, because you will not believe the prices people will pay for them.
DISCLAIMER: This is going to split you guys, you’re either going to think “Wow, I get through a pair of cheap shoes a month, and am going to make a fortune”, or you’re going to feel queasy.
Emma, who runs the money blog Aldi to Harrods , is a shoe selling pro, and has made over £2,000 doing it. She told us: I stumbled across someone selling their old, smelly shoes on eBay back in 2011 and I knew that I had to give it a try!
I list my old shoes that arent any good to a charity shop and not only have I made £2,000 in cash, Ive had almost £500 worth of gifts bought for me by happy customers.
Its not just women who can a pretty penny selling old shoes, men can make around £10 – £30 selling old trainers, though admittedly there is less interest, but also less competition.
Is It Worth To Sell Shoes Online
Whether you want to declutter your wardrobe or just received a pair of shoes thats not really your size, you can make some extra cash.
Of course, the more shoes you sell, the more you will profit.
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.
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Selling Shoes On Amazon Tips
here are some tips you should know about selling shoes on Amazon
Target specific niche or passion its hard to sell general product on Amazon due to its competition, find a designer and target specific target of niche, like baseball shoes. tennis shoes,
the following picture is the search volume for some kind
the more target you go, the less competition you will get, and more target buyer you will access to
Find long tail keywords instead of target shoes, find some long tail keyword that people will search for, such as star wars shoes for menDisney princess shoes for kids, try to put as many long tail keyword in your title, description, and keyword field
Be unique copycat never win, you will have to find a proven style and model the design after it, but dont copy, or you might get in some legal issue. its easy to sell the custom design for shoes now, so try to be unique
Are You Ready For The Rigors Of Selling Used Shoes
This post offers a great overview, but you will need more if youre getting into the game of buying and selling sneakers. If you want to learn from the true expert and get much more depth for how to make this business work for you, you dont need to start as a newbie.
Without a mentor, your chances of losing money and wasting time are higher since youre competing with the experts.
If youre ready to learn how to become a sneaker reseller, youre going to want a mentor to speed up the process.
How to Learn More About Reselling Shoes
I recommend taking a look at the Six Figure SneakerHead HypeMaster Playbook Here.
Use coupon code NICHEMONEY for an extra 10% off.
Reselling shoes is a fun way to make money as a part-time job, if not as a full-time one, and regardless of your age. If you are into basketball and hip-hop or if you have experience in flipping items before, then you are already a step ahead of other beginners in the game.
If youre looking for other ways to make some money, look at buying and selling concert tickets.
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Stockx For The Premium Unworn Sneakers
StockX is a little more intimidating, and you wont find beaters on here. This is where buyers search for the pair they couldnt get their hands on in retail, and hope someone is selling them. If you have a pair of unworn, tags on, in box sneakers, this is the place.
There are two ways to sell on StockX: you either list an Ask i.e. the price you are willing to sell for, and hope it matches a buyers Bid, or you can list as Sell Now, which is a non-negotiable number.
StockX charges a 3% processing fee, plus anywhere between 9.5-8% transaction fee depending on how many sneakers you have sold.
What Shoe Brands Sell Well
If the shoe looks relatively comfortable, itll sell. The US-based eBay resellers suggest brands like Aetrex, Alegria, Aravon, Dr. Comfort, Drew, Finn Comfort, Rockport, SAS Tripad Sandals, Vionic as those to consider pricing a bit higher than you would otherwise have been tempted to.
If youre prepared to do your research, you can walk the extra mile to charity shops, bazaars and second hand markets. Buy in bulk. You can flip your bag of booties on eBay or Gumtree.
Just make sure that apart from the brand, you also consider the styles and colours in fashion at the time.
If you get into the shoe selling business, you might even want to try making money selling vintage footwear.
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Ebay For The Everyday Sneakers
eBay is where you find hidden gems at bargain prices. The savviest buyers use this tried-and-tested site, where you can list items for auction, or set a price with Buy Now.
Its also a good idea to have your offers open, in case someone is willing to take them off your hands quickly you can always say no.
eBay takes 10% of the final sale value, plus additional fees if you choose premium listing options .
Depoppers are knowledgeable and hard negotiators. They know the true value of items, so unlike eBay where you often come across a bargain, Depop will most likely sell for an appropriate price, which is good for sellers like you.
Depop takes 10% of final sale value with no hidden or tiered fees.
Still Make Extra $5 To $50 Daily Whether You Sell Your Shoes Or Not
Lastly, like I said in the beginning of this article, while looking for the best places to sell your shoes, if you would like a very easy way of making an extra $5 to $50 daily while working in your own spare time and from any location, . You can get paid this much just for sharing your thoughts and opinions.
The company is partnered with this very site, Kingged.com. They are 100% legit and have paid out millions of dollars to millions of other participants over the years, just for sharing their thoughts and opinions. And there are no right or wrong answers when sharing your thoughts and opinions with this company. They still pay you, regardless.
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Applying The 10x Rule
Thinking back again to the successful commodity traders, I recognized the obvious fact that the reason that these traders became millionaires is because they were trading in large quantities of money.
I had also been watching the TV show Million Dollar Listing at the time, where real estate agents made as much money selling one house as the average American would earn in a year. They did basically the same amount of work as the typical real estate agent but made ten times more simply because they were selling houses that were ten times more.
I was selling $50-$100 items and making about $10 per sale and $50 per week, so I thought, why dont I sell items that are priced at $500-$1000 and make $100 per sale and $500 per week?
A similar amount of work for 10x the results.
I had saved some money and was ready to start flipping more expensive items but wasnt really sure where to start, so I searched for higher ticket items to sell. I knew luxury items were expensive, so I researched high end designer items and expensive watches.
Through my research though, I found that it was nearly impossible to make money reselling name brand luxury items. In fact, they were almost universally selling for less on eBay than they were in the store, even when they were on clearance.
Every now and then, I would find a luxury item on deep clearance at the mall and see on eBay that I could make a profit, but that the margin would be too thin and the sale too slow to justify the upfront investment.
What Shoes To Buy
One of the most common questions I get is how do I know which shoes to buy? Which brands and models will be profitable?
Immerse yourself in your local sneaker communities by attending a sneaker convention and getting an idea of what people are wearing and what people are talking about.
Learn about the Jordan brand. Begin to follow Instagram accounts that have to do with sneakers and sneaker news, so youll automatically be doing research every time youre killing time on the gram. Combine all of the above with checking aftermarket prices on sites like eBay and calculating your estimated profit.
Nicks Notes: In the advanced search, you can check the box just to see completed listings to see how much items are actually selling for.
I suggest starting small with one or two pairs so you dont have a huge risk.
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Reasons To Sell Used Shoes
Therere several superb reasons why you should sell used shoes too. Actually, therere good reasons to sell your old shoes, that you arent using anymore or dont plan to wear in the future too. Here I will enumerate some of the reasons why you should sell such old shoes.
- You get instant cash.
- Its possible to get exchanges and have newer shoes by trading off old ones.
- Shoes require a lot of maintenance. And you might not have the time to do so.
- If you live in place with humid or wet weather, molds can ruin those expensive shoes.
- Sometimes, shoes dont fit us any longer due to weight gain and other reasons and hence, become redundant in our closet.
- Some types of shoes go out of fashion and we wouldnt like wearing them anymore.
- Youve spent a lot of money on buying those shoes and letting them go waste is pointless.
- Selling old shoes helps us to declutter our closet and home.
As we can see, therere as many as eight strong reasons to sell your old shoes. Therefore, if youve a large collection of shoes that you wouldnt be using, I would suggest that you sell them at the earliest and make some money to buy newer ones. Or you can use the money for savings and investments too.
Best Places To Sell Your Shoes Online For Cash
Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase or sign up through my links, at no cost to you. Please read our disclaimer for more info.
Want to sell shoes for cash? We’ll breakdown the best ways you can sell shoes online and make money for your used shoes.
The trick to finding places to sell your shoes is to put yourself in your customers shoes. I know, that such a cliché phrase, but you need to forecast the type of people you are selling to specifically. Young, newlywed mothers? Teenage male athletes?
Although you can sell basically anything online, shoes are one of the most versatile things to sell. You can sell on a seasonal basis if you clean your closet or go through a pile of shoes that no longer want. Or you can do it to make extra money by buying shoes to resell them for a profit. To get a bargain, you have to jump on designer offers or vintage shoes. In any event, if you have shoes for sale then you want top dollar for them.
This list below are some great places to start selling shoes for cash, but the more specific you get, the more success you will have.
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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.
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.
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