Reselling shoes, especially sneakers, can be a lucrative business. Teens, in particular, are often self-identified “sneakerheads” and about 30% claim to buy a new pair of sneakers every month.
Because shoe lovers are constantly on the hunt for new kicks, they’re often in the market for resale opportunities. By offering high-demand shoes at a discounted price, you can easily tap into that market.
If you’re looking to learn how to start reselling shoes, you’ve come to the right place.
Read on to learn more about the ins and outs of reselling shoes:
How to Start Reselling Shoes: Tapping Into Shoe Trends
The first thing you need to understand about reselling shoes is that you’re tapping into a collector’s market. That means that you can’t expect to sell any old shoe at a high price. You need to know which brands are hottest and which shoes are in demand right now.
As we mentioned earlier, sneakers make up a big part of the shoe collecting market. However, don’t expect to make a fortune reselling New Balance sneakers or even Adidas sneakers.
The two biggest sneaker brands that turn a sizeable profit are Nike (specifically when it comes to their limited-release sneakers) and Yeezy. If you don’t already know about Kanye West’s successful sneaker line, learn more about Yeezy and get into the big game.
The Best Way to Sell Shoes? Open an Online Shop
If you’re in a pinch and need cash quick, taking secondhand sneakers to a consignment shop might get you a little bit of dough. However, selling to a secondhand seller–who needs to turn a profit of their own–is not the most lucrative way to go about reselling shoes.
The best way to resell shoes is to open up an online shop. This helps to keep costs low and opens up your sales to a national–or even global–market. When you’re first starting out, try using websites like Etsy and eBay so that you can tap into a ready-made market, rather than trying to build up traffic to your own website.
Reselling Shoes: What NOT To Do
Okay, so we’ve talked about the most important “do’s” of reselling shoes: learn about trending brands and sell online. Now, let’s talk about the “don’t’s.”
The biggest thing you want to avoid when reselling shoes is trying to sell shoes that are no longer in good condition. That means you really don’t want to sell the shoes you’ve spent the last year running in. If you’ve mowed the lawn in a pair of shoes, don’t even think about listing them for sale!
Stick to shoes that are in fantastic condition. The closer you can get to “mint” condition, the better.
Start Reselling Shoes Today
If you want to start making money online with minimal effort, it’s time to learn how to start reselling shoes. With our quick guide, you can start out on the right foot today.
Want to learn more about what’s trending? Take a look around our website to learn what celebrities are wearing so that you can help your customers steal the look.