sidehustlecentral
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I am a teenager who loves to teach people how to make money! Follow me to learn about side hustles and money.
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Side Hustle #1-Sneaker Reselling
For our first side hustle, we will be talking about sneaker reselling. Most sneaker resellers use the method of buying sneakers at initial market value and then selling them on a secondary marketplace. For example, We can buy a Jordan 1 sneaker from Nike for 170 dollars and sell it on a secondary marketplace such as StockX for 400 dollars. When a sneaker is profitable in the second marketplace, that means it had a lot of attention from buyers during the initial release. It also means that the sneaker was most likely released in a limited quantity. Certain sneakers will almost always gain a lot of attention and will sell out 100% of the time. An example of this would be the Jordan 1 sneaker. The Jordan 1 sneaker will continue to release through the years in different colors, and will most likely continue to sell out each time because of the hype around Jordans in general and specifically the Jordan 1 sneaker.
By sidehustlecentral4 years ago in Lifehack
