The world of sneaker reselling is cloaked in mystery. Although it’s a very profitable way to make money, very little information about the sneaker reseller industry is shared. This form of trading has been going on long before the internet and online shopping revolutionized sales. Buying items below market value and then reselling them for higher prices is a popular tactic. It’s most commonly used in the events industry and has expanded into the fashion and technology trades.
As internet technology improved, bots were introduced. A sneaker app bot can automatically scour webpages buying up limited edition or sought-after sneakers much faster than any human can. If you want a chance at succeeding as a reseller, you will need to invest in such bots, but knowing who offers the best sneakers proxies can be a real struggle. Multiple proxy providers offer specialized snkrs app bot and proxies to help you get started as a sneaker reseller. However, if you’re new to this game and still confused about the snkrs app bot, check out the Smartproxy blog.
The Sneaker Reselling Industry in a Nutshell
Sneaker reselling is considered one of the most profitable ways of making money online. This billion-dollar industry is only growing as more sought-after brands appear and people become more willing to pay top dollar for specific products.
Despite the industry’s value, it is still cloaked in secrecy. Finding quality resellers is not as easy as doing an eBay search. Most of these resellers dwell in specialized areas where they know only real sneakerheads will find them, thus facing fewer timewasters. You may have to do a more in-depth search to find resellers as they are usually on Discord servers, private Telegram groups, and paid Twitter accounts.
Can You Make Money Reselling Sneakers?
Yes, you can. There is the potential to make millions by reselling sneakers, and people have done just that. Matt Cohen and Jose Ortiz are just two famous sneakerheads who have made millions by reselling sneakers. But the market is fierce, and reselling sneakers is much more complex than it sounds. You will need to have a deep passion for sneakers, understand the sneaker industry, and use certain tips and tricks to put you above the competition.
For some, sneaker collecting is a lifestyle. Many people will pay exorbitant fees to own particular brands of sneakers. A good example is the Nike Air Jordan 12’s, which are still very much sought after; people are willing to pay top dollar to get a pair of these limited-edition sneakers. And when we say top dollar, we’re talking a minimum of $4,500.00.
How to Start Reselling Sneakers
It may seem easy to get into reselling. After all, you only need to buy sneakers below market value and then resell them for a profit, right? There’s more to it than that. There are a few things to keep in mind that make the task more difficult. You have to be able to identify which brands will be in demand. Also, which sneakers will be able to sell for a profit? Where can you buy sneakers for less than market value? How can you beat out the competition when it comes to purchasing limited-edition sneakers or sneakers where only a few pairs are released?
All of these factors and more come into play when you enter the reselling business. You will need to have a love and passion for sneakers and understand the industry well to be successful. Luckily, there are also a few tools that can help you along the way to make things slightly easier.
First off, you will need to immerse yourself in sneakerhead culture. This means eating, reading, and sleeping in sneakers. Visiting websites such as HYPEBEAST and Highsnobiety will help you keep track of the trends within the sneaker fashion markets. These sites can provide valuable information and news for sneakerheads at all levels.
Next, using a program like StockX is helpful to track the value of sneakers over time. These programs work similarly to stock market index graphs. They can show valuable information on what shoes to buy and when will be a good time to sell them for the highest profit possible.
Finally, to stand a chance in buying sneakers at the best prices possible will mean using bots. Bots can automatically scour websites for the best deals and secure multiple purchases at the best prices much faster than any human could. Using a good snkrs app bot will differ whether you get valued stock to resell for a good profit.
Final Thoughts
Very little is shared about the sneaker reselling trade. This can be attributed to the fact that secrecy is what makes this such a valuable industry. However, by immersing yourself in the industry and becoming a sneakerhead and using a few tools such as an snkrs app bot, you can discover just how profitable it can be.