How to Make Money Flipping Exclusive Sneakers

Image: ADIDAS

The new YEEZY 500 Super Moon Yellow will be on sale Jun 9th during 10 a.m. EDT on adidas.com and in stores. Within a few days, chances are you’ll see this $200 shoe on resellers’ sites for hundreds more.

If you’re looking to get started and learn a few tips on reselling sneakers, here’s where to begin.

Start gripping tabs on sneaker blogs

First, make certain we follow some of a trendiest websites so we don’t skip out on recover dates.

  • HYPEBEAST. An online website for men’s contemporary streetwear to high-end conform formed in Hong-Kong. HYPEBEAST especially focuses on men’s boots latest releases with brands like Adidas, Nike, Jordan Brand, YEEZY, New Balance, Vans, ASICS, Visvim, PUMA and Rebook.
  • HighSnobiety. A blog covering streetwear fashion, art and song formed in Berlin. HighSnobiety offers some-more in abyss articles, minute sneakers collaborations and a newest releases.
  • KicksOnFire. One of a largest website for sneakerheads and a second many downloaded sneaker app in a universe after Nike SNKRS. Its categorical concentration is a latest sneakers recover dates. Its website gives a recover calendar and even a cost guide.
  • Complex. A media height covering news in style, sports, music, party and sneakers. Their sneaker mainstay discusses a latest sneaker trends, what’s being ragged by rappers and athletes and recover dates.

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You will afterwards be means to squeeze them on a strange brand’s website such as adidas.com, nike.com, puma.com, etc.

Image: NIKE

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What sneakers to buy?

Remember a disturb about a 2018 Sean Wotherspoon x Nike Air Max 97 graphic above or even a YEEZY Boost 350 behind in 2015? These are a kind of sneakers that will emanate a buzz.

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Then, it’s all a doubt of timing. If you’re discerning adequate and among a initial people removing them, you’ll be means to sell them for a aloft price.

Here are some of a signs we should demeanour for sneakers that will expected be in high demand.

  • Lots of hum on blogs, brand’s website, websites specialized in a latest sneaker news.
  • You can demeanour during a shoe’s ratings on websites like Kicks on Fire and Sneakernews. Sneakers with high ratings will many expected have a good resale value.
  • Limited book products and collaborations.
  • Tons of amicable media posts on influencers’ platforms in partnership with specific brands.
  • Keep lane of a demand: a aloft a demand, a aloft a profit.

Figure out your price

From shopping a span of sneakers for $200 and reselling it adult to $875 on Stadium Goods, for instance; your distinction can spin into a remunerative hustle. However, before determining on a price, run a hunt on resellers websites such as StockX, Stadium Goods or Flight Club. Your cost should be in a same operation as a marketplace price.

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  • Look during a marketplace value on eBay or StockX. Type a indication name and pre-order. Based on a formula that come out, you’ll be means to establish how many are in pre-order and a normal price.
  • If a normal cost on those formula are over $50 sell price, it’s value shopping a shoe.
  • You can also take a demeanour during past finished equipment on eBay to see for how many they were sold.
  • Avoid underpricing your boots as it will reduce your possess distinction and everybody else’s, and you’ll many expected hurt your repute for destiny sales.

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Where should we sell them?

When reselling a span of sneakers we only bought, cruise websites such as Stadium Goods, Flight Club or StockX.

Stadium Goods. This is one of a many renouned marketplaces for retail, and offers some of a best preference of code new sneakers around a world. So many so that it’s used as a plcae for Complex’s ‘Sneaker Shopping’ series.

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Pros: Offers earthy stores and online website, boat within dual days, purchases can be returned within 3 days with a store credit if lapse is accepted.

Cons: Only US orders can be returned, 20% elect fee.

Selling process: All we have to do is move your span of sneakers in glorious condition (unless differently noted), in store or send it to them around UPS and they will be in assign of a rest. They store, boat and sell it for you.

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Flight Club.This place has been around for over 10 years and is one of a many renouned websites to squeeze some of a rarest, unworn and many disdainful sneakers, worldwide. Flight Club accepts Visa, MasterCard, American Express and PayPal.

Pros: Offers earthy stores and online website.

Cons: Purchases can’t be returned, 20% elect fee.

Selling process: You have a probability to possibly move or send them your span of shoes. They assistance we cost it formed on marketplace values and their expertise. The final step is left to them as they will sell your boots online, and in their New York and Los Angeles stores. Finally, you’ll accept a check for 80% of a final sale cost once sold.

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Stock X. The world’s many famous sneakers batch exchange. A live auction place where we will be means to bid and ask for a many wanted sneakers, worldwide. Shipping is giveaway for sellers in a US, $20 for sellers in Canada and $30 for sellers in each other country. Only code new sell in a strange box is accepted.

Pros: Ship within dual business days, shipping is giveaway within a US.

Cons: Doesn’t offer a earthy store, purchases can’t be returned, 3% estimate cost and transaction cost varies between 8% and 9.5% formed on how many equipment a seller sells.

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Selling process: They give a seller dual options. One is to click “sell” to sell right divided to a top bidder and a second choice is “Ask” to make a inventory a customer will have a probability to accept. Once a transaction has been processed, a seller will accept a UPS shipping tag and will be obliged for a wrapping and shipping to StockX. Once a span has been reviewed for authentication, it will be sent from StockX to a buyer.

Trust your gut

If we have a good feeling about a certain trend, character or span of sneakers; go for it. Beforehand, do some marketplace investigate on amicable media, influencers’ profiles or even hashtags to get opinions and feedback per what you’re deliberation purchasing. Definitely check out a trending hashtag for a sneaker community, #WOMFT for “what’s on my feet today.”

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