You can make money reselling sneakers in a variety of different ways. To get started reselling sneakers, you must first learn about the sneaker market and which sneakers hold value. After that, you can start selling sneakers as a side hustle for a profit once you’re able to get your hands on them.
Getting your hands on sneakers that will sell for a profit is the hardest part of reselling sneakers. Profitable sneakers aren’t easy to get. However, they aren’t impossible to get if you want to start a sneaker reselling side gig. You just need to know where to look for these sneakers and then you can grow your side hustle.
How you can start reselling sneakers
- Where to start reselling sneakers?
- How big is the sneaker resale market?
- How do you know what sneakers will sell out?
- How to use sneaker bots?
- How do you make money with StockX?
- What shoes sell best?
- What is the best sneaker size to resell?
Starting is the hardest part of reselling sneakers. Once you get your first couple sales it’ll be easier to keep reselling sneakers. Reselling sneakers on sites and apps is a perfect side hustle for people of all ages because almost everyone has access to sneakers and reselling platforms.
Where to start reselling sneakers?
You can start reselling sneakers on platforms like StockX, GOAT and eBay. You can also start reselling sneakers on any of these three platforms. It’s important to note that StockX only allows the sale of new sneakers on the platform. Both Alias and eBay allow sellers to list and sell both used and new sneakers on their platforms. You can start buying new sneakers and trying to sell them or thrift used sneakers to sell, either works.
You can also start selling sneakers by trying to sell them locally. Knowing people who buy sneakers in your area is the best way to start reselling sneakers locally.
How big is the sneaker resale market?
The sneaker market is a $6 billion dollar industry that’s growing every day. It’s a massive market that can be tracked the same way stocks can be tracked. Some days the entire sneaker market is down and other days it’s through the roof.
The sneaker resale market has been growing over the last few decades because of how popular sneakers are and continue to be. Because of this, some sneakers to resell go up in value quickly over time.
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How do you know what sneakers will sell out?
Knowing which sneakers will sell out and which will sit on shelves is an important asset of the sneaker reselling side hustle. Sneakers with high demand always sell out. These kinds of sneakers include Air Jordans, Adidas Yeezys, and some Nike Air sneakers.
Those three kinds of sneakers create a solid base for figuring out which sneakers sell out and which will remain on shelves. You can start by researching those sneakers and then moving on to analyzing if other sneakers sell out like Nike Dunks.
Also, see the best sneaker sizes to resell.
How to get started using sneaker bots?
Sneaker bots can come in handy when competing to purchase valuable sneakers online. Sneaker bots like Cybersole, NSB and Wrath drastically reduce checkout times and make it easy to buy multiple pairs of the same sneaker.
Using sneaker bots can be extremely difficult if you’ve never done it before and still mildly difficult for those who do have experience doing it. There are a lot of guides and groups available on the internet that you can use to find out how to use a sneaker bot.
Some of the basic resources you need to use a sneaker bot are proxies, the sneaker bot software, a good PC or server, multiple credit cards, and cook groups. Those are only a few of the resources you’ll need to come across if you want to start using sneaker bots.
Once you do learn how to use sneaker bots then you’ll find reselling sneakers will become a lot easier because you’ll be able to make more profit. Sneaker botting is a great side hustle from home.
How do you make money with StockX?
Making money with StockX is easy. You list your sneakers that are new in the box on the platform for sale. After that, buyers come along and bid on the shoes at aftermarket value.
When a buyer purchases your sneaker, StockX sends over a shipping label and all you need to do is print it and ship out your shoes. Then StockX authenticators confirm your sneaker is real, they will send you your payment and the difference between the payment and the price you paid is your profit.
What shoes sell best?
The best-selling shoes on the aftermarket are Air Jordans and Adidas Yeezys by far. Both hold their value and can be immediately sold after buying to make a quick profit.
Most popular Air Jordan models to sell
- Air Jordan Retro 1 High OG
- Air Jordan Retro 4
- Air Jordan Retro 11
Most popular Adidas Yeezys to sell
- Adidas Yeezy 350 V2
- Adidas Yeezy 700
- Adidas Yeezy 380
If you can buy any colorway of the above sneaker models then you can resell it for a profit in the short-term or the long-term.
What is the best sneaker size to resell?
The best sneaker size to resell is 12.5 in men’s sizes. It’s one of the least common sizes to find because sneaker companies rarely create sneakers in that size. It’s because sneaker companies don’t think many men don’t wear a 12.5 shoe size but the truth is a lot do.
For this reason, a men’s 12.5 always sells for more money on the aftermarket than almost any other size sneaker. It’s the best sneaker size to resell.
How to get started reselling sneakers as a side hustle
Reselling sneakers can be an extremely profitable side hustle if you know what you’re doing. Another way to get going is by finding cheap sneakers to resell.
It’s not impossible to get started selling sneakers as a side hustle. All you need to do is analyze the market and figure out the best sneakers to put your money in.
Aftermarket prices for sneakers fluctuate and if you’re able to predict what sneakers will eventually go up then you can park your money in a few pairs and hold them.Learn how to get more shoes on Nike SNKRS.
Finally, one sure-fire way to guarantee yourself a profit by reselling sneakers is by holding them for more than a year. After about a year, sneaker prices tend to skyrocket because there are significantly fewer new pairs left on the market and there aren’t anymore being manufactured.