So You Want to Be a Sneaker Reseller? Here's What You Need to Know

So You Want to Be a Sneaker Reseller? Here's What You Need to Know

Being a sneaker reseller isn’t as easy as it looks. There are many factors to consider before diving in headfirst and selling sneakers online, such as how much money you need to invest and how many pairs of sneakers you need to sell each month to get back your investment. If you want to start reselling sneakers and are unsure of where to begin, we have the information you need right here!

Do your research

Starting a sneaker reselling business can be an excellent way to build your capital and create passive income. However, it is important to consider the risks involved before diving in head first. There are steps you should take before making the commitment that will help you understand what it means (and what it takes) to start your own sneaker reselling business.

join a cookgroup

A cookgroup is a group that informs you on every release of sneakers, most of them give you resell prediction, can give you opportunity to buy good sneakers bot. In general a cookgroup is the base to start building a resell activity, it makes you create network with established reseller that can for sure help you.

understand demand and supply

The sneaker reselling business is becoming more and more popular, but before you hop on the bandwagon, it's important to know the ins and outs of how demand and supply affects your potential profits. When demand is high and supply is low, resellers are able to sell at high prices. However, when supply exceeds demand, resellers are forced to lower their prices or go out of business because there aren't enough people who want that particular sneaker.

try to get most requested shoes

The most in-demand sneakers are Nike Air Jordans. Nike Air Jordans come in a variety of different colors, styles, and sizes. These shoes typically retail for around $190 per pair. With resale prices often reaching upwards of $800 per pair, they're definitely worth the investment if you can get your hands on them. Others popular pairs right now are the nike dunk that can get you a 50-100% return on investment.

create an instagram page

When you're starting out as a sneaker reseller, it's important to make sure your business has an identity. Create an Instagram page and post photos of the sneakers you plan on reselling. This will give potential buyers an idea of what they can expect when they make their purchase.

create an online store

Many people want to know how to start a sneaker reselling business because it has become so popular. Having an online store is the simplest way for someone who wants to get into the reselling business. The following are some of the things you will need in order to start your online store:

-A platform -There are many platforms that allow you create an online storefront where you can list and sell your items. Some popular ones include Shopify, Woocommerce and Storenvy.

Advertise your resell business

Whether you buy your sneakers on the resale market or you find them in retail, is really important to let people around you know that you got the sneakers they're looking for. Advertise the business us facebook ads, google ads or say it to your friends. The best and free tactic tat work for most is to use an instagram page to get in contact with people that lives around you.

Be patient

Being a reseller takes patience, as you have to wait for the right sneaker release and then wait for it to be released on the resale market. If you're not patient, this isn't the job for you. But if you like hunting and finding deals, this might be just what you're looking for.

Persevere

Starting out as a sneaker reseller can be difficult. Most people don't know where to start, and they are worried about how they will get their hands on the sneakers that they want. However, there are ways that you can do it right and make things easier for yourself.

Start with researching which sneakers you want to buy and sell. The market is constantly changing so it's important that you stay up-to-date with trends by reading articles or following influencers on social media.