How to Become a Sneaker Reseller Pro In 6 Easy Steps!

In the world of lucrative side hustles, sneaker reselling takes the crown. With an eye-popping $13 billion revenue in 2024, questioning its profitability is a thing of the past. Contrary to popular belief, anyone with confidence and trend-spotting skills can become a shoe reseller. So, if fear and lack of knowledge have been holding you back, today’s your lucky break. So, wondering how to become a sneaker reseller and how to start reselling shoes? This step-by-step guide has got you covered!

1st, How Much Do Sneaker Resellers Make?

When you look at the success stories of top sneaker resellers, it’s jaw-dropping! In fact, they all started small and now they’re millionaires. So, when it comes to making money as a shoe reseller, the opportunities are huge!

But let’s be clear, success isn’t just luck. It’s about smart strategies, picking the right kicks to invest with, and knowing the market inside out (which we will discuss later on).

So, for beginners, expect monthly profits between $200 to $1,000. For sure, this depends on your initial investment, the types of kicks you’re flipping, and how much effort you’re willing to put in. Take, for instance, the upcoming Jordan 4 Breds as your first haunt. Retailing at $215 and reselling for $308, that’s a cool $100 profit per pair! Just imagine multiplying those profits with multiple pairs. Indeed, that’s some serious cash flow! And that’s just ONE release. 

Basically, with experience, some sneaker resellers are making $2,000 to $10,000 monthly, even six figures yearly. But remember, it’s about grinding smart, understanding trends, and hustling smarter, NOT harder.

So Now, How to Become a Sneaker Reseller?

Now, let’s break down the winning formula on how to start reselling shoes! In fact, being a successful sneaker reseller isn’t a walk in the park. But with dedication, resources, and know-how, it’s within reach! Follow these steps wisely to kickstart your journey.

Step 1: Understand the Market 

To succeed in sneaker reselling, researching & mastering the market is key. 

• Predicting the Hype: Subscribe to the best sneaker news sites & blogs for updates on releases, resale values, and sneaker backstories.
• Speak the Language: Learn sneaker terminology to stay in the know, build credibility, and ensure safe transactions.
• Utilize Social Media: Engage with popular platforms like Reddit, and Twitter to stay informed on sneaker trends.
• Join Cook Groups: Tap into insider knowledge by joining reputable cook groups for release info and value discussions.
• Consider Discord: Connect with sneaker enthusiasts and gain valuable insights by joining Discord servers.

Step 2: Create a Business Plan 

Crafting a solid business plan sets the foundation for your sneaker reselling business. Here’s how:

1. 1. Assess Your Capital and Capabilities: Begin by evaluating your financial resources and skills. Therefore, start with kicks that fit your budget and expertise. So, invest wisely and gradually expand your options as you grow.
   2. Start with Sample Sneakers: Begin your journey with well-known sneakers that have high demand and a good reputation. Research reputable options from blogs and sneaker news sites to make informed choices.
   3. Set the Right Price:

• Pricing your sneakers correctly is essential for success.
• Avoid overpricing to attract buyers seeking affordability.
• Don’t undersell to prevent profit loss. Stay updated on market dynamics and resale values.
  
       4. Study the Market: Dive into market trends and prices before listing your kicks for sale. Keep pace with the rapidly changing sneaker landscape.
       5. Seek Professional Advice: When in doubt, seek guidance from experienced resellers or industry professionals to refine your pricing strategies and maximize profitability.

Step 3: Find Your Sources 

Discovering reliable sources for purchasing and reselling sneakers is crucial when it comes to how to become a sneaker reseller successfully. 

• Source Smartly: Identify the best retail sources for purchasing sneakers. Basically, this ensures authenticity and quality.
• Verify Authenticity: Familiarize yourself with methods to original sneakers to ensure you’re buying genuine products. Be aware of sneaker replicas and become well-versed in spotting fake ones.
• Explore Resale Resources: Check out the ultimate guide for the best sneaker resale websites and reselling techniques to stay ahead in the game.
• Consider Platform Fees: Understand platform fee policies thoroughly before listing sneakers for sale to avoid unexpected costs.

Step 4: Effective Marketing 

Basically, effective marketing is key to your success in the sneaker reselling business. Therefore, stay proactive, engage with your audience, and watch your business grow!

• Build Relationships: Utilize social media platforms such as Instagram, Facebook, and other personal websites to connect with your audience. Successful marketing hinges on building strong relationships and delivering top-notch customer service.
• Enhance Visibility: Implement SEO techniques to improve visibility and attract more customers to your listings.
• Run Promotions: Consider running promotions or giveaways to expand your customer base and boost sales.

Step 5: Deliver Excellent Customer Service 

Providing exceptional customer service is paramount for business success. Here’s how:

• Ensure Timely Shipping: Prompt shipping is crucial for customer satisfaction and loyalty.
• Maintain Quality: Properly store sneakers to ensure they arrive in top condition, avoiding flaws upon delivery. So, check out this guide on sneaker storage for tips on preserving your collection.
• Choose Reliable Shipping: Opt for a trustworthy shipping company/method to ensure timely and secure delivery. Thus, check out this guide for the best reshipping services to deliver your sneakers.
• Organize Inventory: Keep a ledger handy to efficiently manage and track your sneaker inventory with each order.
• Prioritize Customer Experience: A seamless shipping process enhances your reputation and fosters customer loyalty.

Step 6: Use a Sneaker Bot

Now that you’ve got your plan, sorted your sources, and prepared a brilliant marketing strategy let’s talk about your secret weapon: Sneaker Bots. 

In fact, these babies are the one and only solution for a shoe reseller like you. See, snagging those hyped kicks manually can be a nightmare! Take an example Nike SNKRS throwing rough Ls left and right. But fear not! Sneaker bots are automated software built to speed up the online checkout process. They outpace humans, quickly securing the sneakers you want before they sell out. Plus, they can even grab multiple pairs at once! 

So, Whether you’re a beginner or a pro, we’ve got you covered. Dive into our beginner’s guide or jump straight into our top sneaker bots picks. With all this done, get ready for a cookout full of Ws on the HOTTEST kicks without breaking a sweat!