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!
Do People Really Buy Used Shoes Online
The world is divided into two types of people: people who are fine with used shoes and people who think used shoes are EW! If you are a reseller, it doesnt really matter if you are into rubbing your feet where someones elses have been or not. What matters is that there are millions of people who dont see the ick factor and are happy to get their feet into some used kicks.
In my experience, the majority of people who buy used shoes on eBay fall into one of these 5 categories:
- People looking for rare or hard to find shoes
- People with unusual or mismatched shoe sizes
- People who want an exact replacement for a pair of shoes they have worn out
- People who are loyal to discontinued shoe lines or brands
- Deal-seekers and those with a tight budget
We have sold well over a thousand pairs of shoes on eBay and, despite market saturation, shoe sales dont seem to have slowed much. There will always be people with feet willing to give money to resellers. In fact, there are half a dozen resellers I know that sell exclusively shoes and do over $100,000 in sales per year. Who wouldnt want a piece of that pie?!
Ultimate Guide To The Best Places To Sell Your Shoes Online For Cash
Over the years, you tend to accumulate a lot of items that no longer serve any purpose.
Among these items are your old shoes.
Your old pairs of shoes become obsolete through dirt, wear/tear, and your own growth. As they accumulate, these old shoes can hog up a lot of space in your closet/on your floor.
But you shouldnt throw them away you could make some money off these shoes that you dont even use anymore!
And you dont have to visit the shoe store, either.
Websites that let you sell your shoes are everywhere.
Before we dive in to the various places that you can sell your shoes online, however, lets briefly discuss why you should sell those shoes you no longer wear.
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Best Place To Sell Shoes Online For Cash
This brings us to the vital question: where to sell shoes and get cash? Actually, its possible to sell your old shoes online and get cash almost instantly nowadays. In this article, I will list some of the places where you could sell your shoes online for cash or trade them off for shopping vouchers to buy newer ones.
Learn More About Selling Shoes
- Where can I sell shoes?
You can sell shoes online from your own store built with a platform like Shopify, on third-party marketplaces like Amazon and eBay, and on social media sites like Instagram and Facebook. There are also niche marketplaces for shoes, like StockX and GOAT. You can also sell shoes wholesale to other businesses. You can also sell shoes in your own retail store, in another retail store, to consignment shops, and at markets and events.
- How can I sell shoes online?
You can sell shoes online by adding your products to your Shopify store.
- From the Shopify app, tap Products.
- Tap the shoe you want to sell.
- Under Variants, tap the shoe variant you want to put on sale.
- From the variant details screen, set the Compare at price to the product’s original price.
- Set the Price of the shoe to your new sale price.
- Tap Save.
You can sell custom shoes online and in person. You can use your own online store, third-party marketplaces, and social media, as well as sell in your own retail store or wholesale to other retailers.
To price shoes, total all of the costs associated with bringing your product to market, set your profit margin on top of those expenses, and list your prices. You can change prices over time to increase sales or profit margins.
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Best Place To Sell Your Shoes Online
Often, we buy shoes and other footwear for special occasions or to wear with a specific dress. And once the occasion is over or the dress doesnt attract us anymore, we tend to ignore these shoes.
They lie unattended in our closet, gathering dust. Gradually, and over some time, such shoes get spoiled and are useless to anyone.
If youre among such women that have a pile of shoes that you dont use any longer, theres something you could do. And thats selling shoes online or offline for cash.
Actually, therere several places where you can sell used shoes or the ones that youre no longer using. As a matter of fact, you could sell anything from stylish sandals and ethnic footwear to sports shoes and formal ones.
Well find in this article how to sell shoes online and where to sell shoes online and offline.
Selling Extras When You Sell Your Well Worn Shoes On Ebay
If you are going to list your shoes for sale then I want to warn you that you will most likely be sent messages asking you for extras. Some of these requests might gross you out, and you can block anyone you are uncomfortable with.
However these messages give you a great chance to upsell anything else.
Here are some ideas of things you might get asked for:
- A full length photo of you wearing the shoes
- Close up photos of your feet
- Ped egg shavings
- Sell used socks alongside your shoes
Remember that you can 100% charge for these extras if you are comfortable providing them.
The sky is the limit, and if you can’t come up with a price then you can ask the potential buyer what they are happy to pay and go from there.
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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.
Where To Buy Shoes From
If you don’t have any trashed shoes just laying around, you might want to consider buying shoes to sell on.
If you want to stay online then Amazon have a wide range of affordable shoes available.
Charity shops and car boot sales are also great places to pick up second-hand shoes.
Someone has told me that they have a deal with their local charity shop where the charity shop saves them all the shoes that are too gross to sell, in exchange for a donation made to the store.
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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.
How To Find Shoes To Buy And Sell
Before you can even begin finding shoes to buy and resell, you need to understand the market better.
Reselling shoes are similar to the stock market. There are pairs of shoes that dont start out too hot but eventually accumulate value later on. Conversely, some sneakers generate lots of attention only to fizzle out as time goes by.
Want even more step by step details on how to find great shoes you can sell for a profit? Check out the Hypemaster Playbook for a great course into the shoe reseller world.
To truly benefit from learning how to resell sneakers, you need to purchase products that are sold on the cheap but have lasting value in the long run. One way of doing so is by buying the sneaker on release day at retail prices, which is where they are at their most affordable.
However, instead of lining up to store for hours to buy them, you can quickly place your orders on Frenzy, a Shopify-owned app.
It will notify you of the release dates of the latest sneakers from the biggest brands. From there, you can place your orders and make a profit by reselling them. The goal of the app is to reduce that friction between retailers and consumers so both can seamlessly make transactions and make money faster.
However, new pairs of shoes come far and few in between. To make money in reselling shoes, you need to find pairs sold under reseller price so you can profit off them. But how can you know how much a pair of shoes cost?
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Dont You Have Tons Of Returns For Fitment Issues
No, actually. Our shoe return percentage is lower than our store average , and we rarely have expensive shoes returned. When people buy expensive shoes online, they are well aware that fit can be an issue so they either buy a brand they already own and know their size, go to a store and try on a similar shoe, or just guess and get lucky!
Honorable Mentions Of Places To Sell Shoes Online & Locally
Other than these places, there are a few more places available that will allow you to sell your shoes online and locally. For some reason, these sites couldnt make my list. You may use these platforms to sell shoes online or locally.
Here are more places to sell shoes online & locally:
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How To Sell Custom Shoes Online
Selling custom shoes is as easy as 1, 2, 3! Start a successful online business by selling custom shoes online with the help of Printify. We offer seamless integrations with the worlds leading eCommerce platforms all you need to do is to create an online store, connect it with Printify, and add your products. And then its time for the fun part marketing and expanding while Printify takes care of all personalized flip flop orders.
The first step to sell your designs is to choose the most suitable eCommerce platform for you to sell your custom canvas prints. Many artists choose Etsy as it is the best-known online marketplace for custom-made goodies, and its relatively easy to gain quick exposure.
Shopify is a go-to platform for merchants whod like to own their sites owning your shop allows you to brand yourself a little bit more creatively. Shopify allows you to have your own domain name, which looks more professional, as well as access to advanced metrics and analysis. Plus, Shopify is the largest online eCommerce platform in the world.
Chose Wix, if you would like a custom-looking site It offers more than five hundred designer-made templates that give you a mixture of options when it comes to designing your eCommerce store. Use the site editor to customize your chosen template to make sure your site looks as uniquely yours as possible.
Is The Price Right
This is where the rubber meets the road, and youll either auction the shoes or list them at a fixed price. If you fancy your chances of starting a bidding frenzy, go with the auction. And, while youre at it, pay the fee to set a reserve price, so that you at least have control over the price youll receive for the item. If youre not feeling confident, specify the selling price. Definitely do some market research beforehand so that you can maximise your profit.
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Wheres The Best Place To Resell Shoes
Ive done most of my reselling on eBay, but it seems like apps like GOAT and StockX are picking up so Im selling on those more now as well.
Still, I love the feeling of doing in-person deals either through Craigslist, sneaker conventions, or Facebook/Twitter groups.
Obviously, selling in person requires extra precautions, but if you use common sense and deal with good people through networking, youll get the best prices from in person on the buying side because online sellers are paying for shipping and fees to the platform that theyre selling on.
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 Resell: Sneaker Reselling For Beginners
The flipping sneaker business in many places has provided an avenue for hustlers to ethically and ingeniously make a quick buck. And what seemed to be footwear that keeps your feet safe and warm serve a different purpose to other people.
Compared to some other ways of making money online, the sneaker resale market is very profitable and valued at around $1 billion. While only 4% of shoes and sneakers are purchased upon release for resale, the market benefits from side hustlers and entrepreneurs who operate in different channels.
The sneaker market as a whole has opened up itself to more people with the help of online channels. However, back in the day when the internet didnt exist, there was a competition within the different communities and tribes in the market. People scoured through a thrift store and flea markets to get shoes under their market price.
Others would run to their nearest Foot Locker to get the latest pair of shoes. Information was spread through word of mouth and Eastbay mail catalogs. In other words, reselling sneakerheads worked in isolation with their communities.
There was only so much distance and area you could cover in the early sneaker game. That shared common experience within a small group of people made the sneaker market what it is today.
If you want to get connected with fellow sneaker lovers, you need to attend SneakerCon that takes places in the different parts of the world.