{"id":7413,"date":"2023-05-20T22:31:58","date_gmt":"2023-05-20T22:31:58","guid":{"rendered":"https:\/\/staging.selleraider.com\/?p=7413"},"modified":"2024-09-22T02:28:02","modified_gmt":"2024-09-22T02:28:02","slug":"how-to-become-a-sneaker-reseller","status":"publish","type":"post","link":"https:\/\/staging.selleraider.com\/how-to-become-a-sneaker-reseller\/","title":{"rendered":"Here\u2019s How to Become a Sneaker Reseller"},"content":{"rendered":"\n

Are you looking for a new side hustle that is both profitable<\/strong> and fun<\/strong>? Entering the sneaker resale industry might just be the right next step for you and your wallet. <\/p>\n\n\n\n

Bonus points if you are a self-proclaimed sneakerhead<\/strong>!<\/p>\n\n\n\n

The concept of reselling sneakers is pretty simple; the goal is to purchase new or pre-loved pairs that have a profitable resale value. This shouldn\u2019t be too much of a struggle, as some can even be worth 150% more<\/a> than their retail value after they have been sold out. Do we need to explain further?<\/p>\n\n\n\n

Statistics<\/a> show that the global sneaker resale market is currently valued at $6 billion<\/a> and is expected to grow by an astonishing 400% by 2030. <\/p>\n\n\n\n

Thus, it comes as no surprise that many resellers make five or even six figures from just selling sneakers online. <\/p>\n\n\n\n

For example, Justin Melnichuk<\/a> was only 16 years old when he successfully reached $1.4 million<\/strong> in sales after building his business for four years; making him one of the youngest and biggest sneaker reseller in the US. <\/p>\n\n\n\n

Hearing all about these promising statistics and case studies is enough to tempt anyone into the sneaker resale industry. Of course, as with any business, success comes with time, research, and effort.<\/p>\n\n\n\n

Not to worry! In this elaborate article, we have gathered all the tips top resellers are using to grow their business.<\/strong><\/p>\n\n\n\n

Keep reading to find out how to become a sneaker reseller<\/strong> by following our step-by-step guide.<\/p>\n\n\n\n

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  1. Do Your Research\u2026Seriously!<\/a><\/li>\n<\/ol>\n\n\n\n
      \n
    1. Discover Where to Source Your Inventory From<\/a><\/li>\n<\/ol>\n\n\n\n
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      1. Find Out the Best Sneakers to Resell<\/a><\/li>\n\n\n\n
      2. Choose the Marketplace You Will List Your Products On (Bonus: Learn How to Crosslist)<\/strong><\/a><\/li>\n\n\n\n
      3. Conclusion\u2026<\/a><\/li>\n<\/ol>\n\n\n\n

        #1 Do Your Research…Seriously!<\/strong><\/h2>\n\n\n\n

        While the sneaker resale industry is one of the most profitable ones after apparel, it also requires a lot of hard work; a big part of it being research, research, research<\/strong>!<\/p>\n\n\n\n

        Research is everything when it comes to sneakers. From the history of popular brands to changes in market trends<\/strong>, you must be a sneakerhead<\/strong> if you are looking to make some serious profit from this side gig. <\/p>\n\n\n\n

        i.e. knowledge about the history, design, and value of Jordans and Yeezys is the bare minimum of becoming a sneaker reseller.<\/p>\n\n\n\n

        This is not to say that you should stay away from this product category if you don\u2019t already love sneakers, however you will have a lot of homework if you want to understand your potential customers better. <\/p>\n\n\n\n

        You may be wondering \u2018Why is learning about the history of sneakers so important if I want to become a sneaker reseller?\u2019<\/strong><\/p>\n\n\n\n

        Well, sneakers are more than just a pair of shoes. They have formed communities full of stories, sentiment, and culture.  It is often the backstory of a new release that drives sales rather than the aesthetic or the price.<\/p>\n\n\n\n

        In other words, the history behind every pair of sneakers allows sellers to predict the value, hype, and competition; making it a great way to choose the right inventory for the ultimate profits.<\/p>\n\n\n\n

        After all, knowing your audience and their needs<\/strong> is what will set you apart from other sellers. <\/p>\n\n\n\n

        What Are the Best Places to Research Sneaker Trends?<\/strong><\/h3>\n\n\n\n

        Every top sneaker reseller knows that the best way to keep up with the ever-changing fashion trends is to learn more about sneaker history and find out the best reselling tips through social media<\/strong> and cook groups<\/strong>.<\/p>\n\n\n\n