Within a few days, chances are youll see this $200 shoe on resellers sites for hundreds more.
If youre looking to get started and learn a few tips on reselling sneakers, heres where to begin.
HYPEBEAST.An online website for mens contemporary streetwear to high-end fashion based in Hong-Kong.
A blog covering streetwear fashion, art and music based in Berlin.
HighSnobiety offers more in depth articles, detailed sneakers collaborations and the newest releases.
Its main focus is the latest sneakers release dates.
Its website gives a release calendar and even a price guide.
Complex.A media platform covering news in style, sports, music, entertainment and sneakers.
Their sneaker column discusses the latest sneaker trends, whats being worn by rappers and athletes and release dates.
What sneakers to buy?
These are the kind of sneakers that will create a buzz.
Then, its all a question of timing.
Here are some of the signs you should look for sneakers that will likely be in high demand.
Lots of buzz on blogs, brands website, websites specialized in the latest sneaker news.
you could look at the shoes ratings on websites likeKicks on FireandSneakernews.
Sneakers with high ratings will most likely have a good resale value.
Limited edition products and collaborations.
Tons of social media posts on influencers platforms in collaboration with specific brands.
Keep track of the demand: the higher the demand, the higher the profit.
Your price should be in the same range as the market price.
Look at the market value oneBayorStockX.
punch in the model name plus pre-order.
If the average price on those results are over $50 retail price, its worth buying the shoe.
Where should you sell them?
So much so that its used as the location for ComplexsSneaker Shoppingseries.
Cons:Only US orders can be returned, 20% commission fee.
They store, ship and sell it for you.
Flight Club accepts Visa, MasterCard, American Express and PayPal.
Pros:Offers physical stores and online website.
Cons:Purchases cant be returned, 20% commission fee.
Selling process: You have the possibility to either bring or send them your pair of shoes.
They help you price it based on market values and their expertise.
Finally, youll receive a check for 80% of the final sale price once sold.
Stock X.The worlds most famous sneakers stock exchange.
Only brand new merchandise in the original box is accepted.
Pros:Ship within two business days, shipping is free within the US.
Selling process: They give a seller two options.
Once the pair has been reviewed for authentication, it will be sent from StockX to the buyer.
Definitely check out the trending hashtag for the sneaker community,#WOMFTfor whats on my feet today.
