Where To Resell Sneakers In China? 3 Best Marketplaces!
With the rise of the sneaker culture, more people are getting hooked on sneaker reselling. And let’s just tell you, it’s good business. If you ace the sneaker-copping game, you’d probably start making more than you do from your 9-to-5 job! And since we already got an idea about where to resell sneakers in Europe, it’s only right that we go over the “where to resell sneakers in China” topic. China’s aftermarket did pass $1 Billion in value in 2019, after all! Mind you, the sneaker aftermarket as a whole was valued at $6 Billion. This means that China was responsible for nearly 16.66% of the overall market worth!
Although the U.S. is the center of the sneakerhead community, you gotta know that the Chinese resale market has been stealing the limelight lately! According to Statista, the U.S. sneaker revenue reached $25.01 Billion in 2023, while China’s revenue from sneakers amounted to $18.29 Billion in 2023. However, the main difference here is that the Chinese market is expected to grow by 7.15% yearly, unlike the U.S. sneaker market which is estimated to grow by 4.64% annually! Does this hint at China’s possibility of becoming the capital of the sneaker industry in the future or something? At the end of the day, it’s the country that controls all the manufacturing processes of the same shoes that later on sell in the U.S., under a non-Chinese brand name. Them supply chain issues should be proof enough for you!
Where To Resell Sneakers In China? Question Of The Year
You got kicks with high resale values, need some cash, live in China, and you want a guaranteed and fast way to resell your sneakers? Then, you’re exactly where you’re supposed to be! So, let’s take a look at the best sites for resale in China together!
But before we do that, you gotta know, to resell at high prices, you’ll need to buy your kicks for retail first. And to do that, you’ll need to have a great sneaker bot. But if you’re only aiming to score Jordans and Nike, a kick-ass Nike bot is your best body in the game. Now, we don’t wanna waste your time with this talk, since it’s a never-ending one. But we’ll do leave you with a great Nike bot list. Here’s your guide, peeps!
Where to resell sneakers in China? Well, what better way to do that than through a Chinese marketplace? It introduced a new era for resellers, as more and more sellers and buyers started favoring the company’s app over going to physical stores!
POIZON, aka Dewu, is a leading online marketplace platform for authentic sneakers, clothing, watches, and accessories. This platform supports designer and luxury brands. Now, you might be asking, what differentiates it from other reselling platforms? Well, it’s their authenticating services! They do one heck of a job at fighting fakes!
How does it work? After you ship your order to POZION’s local warehouse, it must go through an authenticity verification and quality inspection process. So, as someone who wants to resell sneakers in China, you’ll be sending your kicks to the platform’s authenticators. Your sneakers will mainly receive special, POZION-branded packaging and an authentication certificate. After all is taken care of, the marketplace ships your products to the buyer. And as a seller, you’d receive your money after the product is shipped to your customer. The best part? You don’t have to pay any annual subscription fees or membership fees. All you gotta pay is a %5 selling fee!
The Greatest of All Time is a marketplace for sneakerheads that want to both buy and sell their kicks. And although it’s an American-based online platform, GOAT saw what a great opportunity is it to launch a localized GOAT app in China. They saw a chance, they took it. A smart move. Their expansion didn’t stop here, as GOAT opened its own facility in Hong Kong to serve the marketplace even better than before and with more efficiency! As a reseller, your commission fees start from a minimum of 9.5%. You’ll have to pay a seller fee, as well. Needless to say, GOAT’s fees are big as heck, compared to POIZON’s!
StockX is another platform that allows you to resell sneakers in China. Although StockX temporarily put a halt to the shipping business to Mainland China last year, the platform announced it’ll resume functioning on June 6, 2022.
Again, if you compare ‘em fees to POIZON’s, you’ll notice that prices are a lil hefty. If you’re new to the resell game, you’ll have to pay your fees starting from level 1: 10%. This percentage goes down as you go up in levels. You’ll also have to pay a 3% processing fee.
One last thing, whether you’re a seller or a buyer, if you get cold feet after placing an order on StockX, here’s your guide on how to cancel it! Till next time shitfam!