The sneaker industry keeps on going through changes, yet it persists despite it all! There are always new things going around. We said it once, and we’ll keep saying it; as long as hype sneakers exist, the resale industry stays. Although it’s getting harder to break into the world of resale, it’s really not impossible! But the main thing is, you gotta know how to resell sneakers at any time in your journey. So, here’s everything you need to know if you wanna become a sneaker reseller! And in case you missed a pair because you made the mistake of not running NSB, here’s where you can buy them.
Before Learning How to Resell Sneakers, Gotta Cop Them!
If you wanna start a sneaker reselling gig, you need to have the kicks first. And in a fast-paced industry like the one we’re in, you need a bit of help. However, the goal is the same for everyone: to buy sneakers for retail! While there are multiple points to that, two of those are crucial. So, let’s take a look at them, shall we?
Have Enough Money to Cop
You’ll need to start with some money that’ll at least get you a couple of pairs before you learn how to resell sneakers. So start with something between $500 and $1,000! But if you already own a sneaker bot, you can start with as little as $200 – $400. That would be enough for you to cop a Jordan 1 high or a new pair of Dunks for starters. But make sure you know how much Jordans usually cost with this guide!
If you don’t have that much money, you could go for a smaller investment from your local sneaker shop. Sometimes, you could find kicks on discounts at stores. You can check how they’re doing in terms of resale online by checking their code. Some of them could help you get started if you’re not starting with much! Moreover, used sneakers can always be a good place to start especially if they’re a steal. From there on you can build up your resale game.
Get Yourself a Good Sneaker Bot
We’d like to stress how important that step is, especially in today’s industry. Everyone is looking for the next big catch to kick off their reselling business. And when they do find it, the demand totally outweighs the supply. This would lead to lower chances of scoring hot kicks. And nobody likes to take Ls on popular sneakers, do you? So how can you even the odds, or tip them a bit in your favor?
Well, the best solution is to get yourself an all-in-one bot. From Shopify to Nike SNKRS, and even Adidas Confirmed, a good sneaker bot can give you better copping odds everywhere! Not only that, but it’ll also give you the chance to cop in bulk! But if you’re reading this, then you at least have a faint idea of what goes where. Don’t look any further though, because NSB is one of the best sneaker bots on the market! So, go ahead and get your copy today to join the ranks of successful botters around the world. Now, let’s get to resale and the how-tos!
How to Resell Sneakers: The ABC of It All!
- Be patient
- Know the sneaker culture
- Do your research and stay ahead of the game
- Study your resale options
You don’t become a reselling sensation in a very short period unless you’re very very lucky. You’ll probably start off with kicks that give you average profits. and then slowly but surely, this profit will increase. And if you manage to snatch a really valuable sneaker, then good on you! But, once again, you’ll probably need a sneaker bot for a W like that. You’ll also wanna be sure you have what it takes to become a sneaker reseller!
Know the Sneaker Culture
You really need to know your way around the industry before you decide to go into the reselling game. The process is pretty simple once you’ve been around for a while. You’ll be part of communities on Reddit, Discord, Twitter, and even Facebook. You’ll learn what to cop or drop, and with time you’ll automatically know the difference! There are also very important cook groups that you can join, these can be a great help to you. But all that won’t matter unless you know the language, so make sure you know your sneaker ABCs.
Do Your Research and Stay Ahead of the Game
This could be the most essential point of them all. It’s crucial that you do your research before any sneaker drop. Today, there are many sneaker blogs so it’s very easy to keep tabs on the latest and future releases. If you’re into reading the news, there are so many blogs that can help you do that, including NSB’s blog!
If you’re more of a visual kinda person, all you have to do is look up the sneakers on YouTube. Instagram has also become an important part of the industry, especially if you like flexing kicks. Finally, keep an eye on comments everywhere and you’ll get an insight into what the community thinks about anything and everything.
Study Your Resale Options
So, let’s say you already copped a pair and you decided to flip, where should you do it? That might look hard, but you’ll easily get the hang of it pair by pair. You’ve got some pretty authentic websites, shadier ones, and free markets. That kinda takes us to our next very important point. So hop on with us to discuss where and how to resell sneakers on the aftermarket.
Where to Resell Sneakers
So where should you find out how to resell sneakers for profit? Now, we’re gonna go into some details. Which is the best, the worst, and stuff every seller should know about. Today, the most authentic resale websites you’ll find are GOAT, StockX, Flight Club, Grailed, and Stadium Goods. Here’s a list of seller fees you should know for each of these platforms to help you choose.
- GOAT: Seller fees range between 5% and 30% depending on where you are in the world. There’s also a commission fee of 9.5% that could go up to 25% if you get many cancellations. These are deducted from the value the kicks sold for. Here are the full fee deets.
- StockX: First, you have a 3% processing fee. Moreover, there’s a transaction fee that starts at 9% and decreases as you level up as a reseller. Here’s the full fee list for the curious. And the platform has had its share of controversy lately, and you can read all about it here.
- Flight Club: 9.5% commission fee plus a $5 seller fee, in addition to a 2.9% cash-out fee.
- Grailed: There’s a 9% commission fee, so if you’re a beginner and want the lowest deal, it’s Grailed for you! However, there’s a PayPal payment processing fee that depends on whether you’re doing a deal inside the US or outside.
More Resale Platforms
We got the most authentic websites out of the way, so let’s move on to others. One of the most renowned reselling platforms is eBay. With their “better” authentication and streamlined shipping comes a higher seller fee. If you flip a pair for under $150, the fee will be 13.25%. And if you flip for over $150, that fee drops to 8%.
Other places you can learn how to resell sneakers are Twitter, Instagram, Facebook, and Discord. Of course, you need to have a strong trusty community there, so make sure you build a rep. Another way of reselling your kicks is Reddit. r/Sneakermarket is a subreddit that hosts the reselling community. The sub is pretty straightforward: no fakes, no scams, or else you’ll get banned. You can always check the community guidelines there for pointers! And since you know all the interesting bits, you’re ready to go on the path of resale. But make sure you get a sneaker bot willing to give you what you need!