How to sell sneakers online
How To Resell Sneakers In 2021
yo what's going on youtube welcome back
to another video man today we're gonna
talk about how to resell sneakers in
2020 and I'm gonna break it down now
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before we get to the video let's talk
about the sponsor it's shop tagger if
you guys don't know what shop tiger is
it's a Chrome extension and what I'm
gonna mention about reselling is it all
comes down to tools you're not always
gonna get lucky which I'll explain later
but shop Tiger is a great tool
specifically for reselling which a lot
of people don't talk about now if you
guys don't know about shop tiger it's
actually an extension you can add to
your browser and what its gonna do is
notify you when things go back in stock
it's gonna give you coupon codes and
it's gonna let you know when things drop
in price great thing about this is you
can actually create a list and let's say
for example we want to create a resale
list so you can really look out for
sneakers that you're just waiting to go
under itö now sometimes buying sneakers
under retail is the best because you're
able to get that profit so let's say a
sneaker is retailing at $400 we're
talking about something like the adapts
and then they end up going for 250 you
buy for 215 you're able to sell them for
400 you're making a profit that's what's
nice about this extension it's gonna let
you know exactly when those prices drop
if there's any type of discount and you
feel like you've done your research and
you know oh I can buy that and flip it
and it's overall just a great tool now
if you're just into shopping and getting
discounts you can obviously use it for
that too I have a few different lists
here you can see I made the resell I
haven't put anything in there yet but I
would put any type of sneaker or item
that I think I could flip we got some
clothing items in here waiting on these
to go on sale I'm just that I've had my
eye on and then of course you know stony
boys for life so I'm always looking for
that 40% off on Stone Island they also
added a new feature so basically as soon
as you check out you can see if there's
coupon codes you guys can see as I'm
checking out it says don't forget your
top tiger helps you save to coupon codes
found and then it goes ahead and test
them for you there's no coupon codes for
this item specifically but you gotta see
how it works I just know this could be a
huge tool for a lot of people if they
use their right so if you guys want to
download it you can click the link down
below it's completely free it's not
gonna cost you
think so that's the best part about it I
would say probably the number one
question that I get all the time is Mike
how do you flip shoes how do you make
money and I think a lot of people have
the concept skewed that it's just the
easiest thing it's easy bread you just
buy a shoe sell it and boom you rich
million dollars right there but it's
really a lot of research a lot of
studying the market a lot of knowing
people having money but I'm not saying
it's impossible right obviously people
do it some people been grinded at it for
years some people overnight just somehow
become the king of reselling it's a
really interesting concept so I'm gonna
break down a few different tips of you
know my experience is reselling what I
did I don't necessarily do it as much
anymore I am selling a lot of my
personal collection and I flip shoes
here and there cuz a little $50 here and
there really pays for food and you know
it's a simple thing so it comes down to
supply and demand now for me I've always
been lucky enough to hit a lot of great
sneakers I actually got the lows highs
for retail I don't know how a lot of
phenomenal stuff on sneakers have but
number one it's gonna come down to
capital you're gonna need money a lot of
people get real salty when they see
these younger kids that are just buying
out these huge massive collections and
somehow getting all the Jordan ones but
it all comes down to money they're
having most likely their parents fund
them and that's what you're gonna have
to do you know for me I personally
started with a thousand dollar
scholarship when I was in high school it
was like a community all-star award I
was a good citizen you know what I'm
saying so they gave me a thousand
dollars I took that thousand dollars and
purchased four different shoes made some
money and just kept on building it
reinvesting it this is how any business
goes as soon as you make money you don't
go out and just buy some shoes for
yourself you reinvest that money and
keep building I would say if you want to
get into resale and heavy you should
save up at least a thousand dollars just
to kind of make sure that you have some
wiggle room then the next thing you're
gonna need to do is research research
research you're gonna need to know the
market you're gonna need to stay
up-to-date with these releases how do
you do that
you follow Twitter pages you follow
Instagram pages you almost like they
start with YouTube you can visually see
you know there's tons of other creators
out there including myself that just
make videos of the newest
these days is it gonna be a keep is
gonna be asleep you can kind of gauge
the comments of how people are feeling
if you see a video of let's say a Jordan
11 that's releasing this weekend and you
go watch someone's review and you look
in the commentaries like oh man those
are fire I need those that kind of tells
you oh there might be a little bit of
money in these and then you can go on
something like stock X or go or just
compare throughout stadium Goods and
flight club in your favorite local store
and just kind of see what their pricing
things that if they have the Jordan 11
early and you know retails 190 but
they're selling it for 350 maybe once
they release it might drop down to 250
but you see there's still profit within
that so those are the kind of things
that you've got to think about it's
really strategic because there's a lot
of times that you can buy a sneaker and
it ends up flopping and you got to sell
it for less than retail just to move on
to the next one so obviously the goal of
all this is the best scenario is to get
a sneaker for retail that comes to
Annoying all the websites that are
releasing them again research so let's
say you get that $160 shoe for retail
then you can flip it for 700 because
it's super hyped like a Travis Scott and
off-white but that's only one type of
reselling that is potentially getting
lucky a lot of people sleep on the
concept of going to your local Marshalls
in scanning a sneaker and seeing oh man
Marshalls are selling it for $40 but on
stock X I could sell it right now for
$150 all right so on Amazon or Ebay
there's tons of different markets for
this's offer up there's Facebook
reselling sneakers is way beyond just
getting a hyped off-white collab because
the chances of that are very slim that's
kind of your big break right but if you
want to start small you go to your
Marshalls you go to your wood was a
store that just had a huge I don't know
if they're going out of business now but
like blooming that's not Bloomingdale's
it's a Burlington Burlington had these
huge sell and sneakers I don't know if
they're actually like going bankrupt or
whatever but that's an example you want
to go to a Ross and just kind of scan
you could actually type in the style
code on eBay and see what those sneakers
are going for so you go in Ross you see
maybe like some Nike and you're like oh
man these are pretty far Oh $20 type in
the code on the search on eBay and
you'll see the listings and you can see
which ones have sold you know let you
know is this sneaker we're selling let's
say you paid $20 for
been selling for $90 and people are good
paying shipping that's a great
investment it's really a grind it's not
just this big sunshine rainbows that
everybody paints it out to be like oh
man you could just become a reseller and
it's gonna be so easy and you're gonna
make millions of dollars it comes down
to just really like grinding and you
don't know in your stuff so let's just
recap how to get the sneakers I think
that's the hardest part for all of us
number one make sure you do your
research find out what sites are
releasing them go for them
people have BOTS I don't personally use
a bottle again I don't resell like that
but there are tons of bots out there
that people use and they have a lot of
success with I personally wouldn't
recommend a new Beach is buying a bot
like why make that huge investment and
not know what you're doing I think you
should find some other content creators
that make videos around BOTS see how
they work it and understand it don't
just go out there blind and just buying
all these different box because you'll
end up wasting money that you can't get
back then you can go ahead and look on
Facebook you can look on eBay you can
look on offer up and try to find some
deals a lot of people love to panic sell
and that's where when you have capital
it's the best so if someone is panicking
and they need the money that's when you
want to buy because you can lowball and
take those shoes hold them flip them
done deal
a lot of people got to understand the
market goes up and then it goes down and
then it goes up then it goes down it's
very unpredictable
I've personally got to a point
financially I guess you could say where
I know if I want to buy a shoe I can
hold it a lot of people can't do that
they get the shoes for retail at 250 and
you know they need that 250 back
immediately so they sell it for 275
versus me you know I take a little more
risk I'll buy it for 250 and I'll just
put it in the closet and let it sit for
a while and hope that the price goes up
I mean obviously it's more strategic
than that I know the potential of the
sneaker I'm just gonna blindly buy us
think of that I kind of feel if you
about I know it's not gonna go up in
price but these are all the things that
you got to think about these are all the
things that you got to learn if I was
starting out right now I would most
likely just be going to my local Ross
Marshalls Burlington any store like that
so this kind of shoes I look at all the
sneakers that they have make sure to
check up on all the codes on eBay and
see how they're doing is far as sales
are let's start there a low investment
on top of that just being patient you
know
the new sneakers dropping you want to go
for it enter the draw if you hit boom
there's your first big break keep
reinvesting that back into the business
and as far as you know selling platforms
you use something like stock X where you
can sell immediately or you can place an
ask you can use go you can use eBay eBay
currently right now as of this date 20
to 1 a Bay has zero fees if you sell a
sneaker over $100 so that's a great way
to grow your business there's other
sites like kicks if I what else do we
have out there grilled there's tons of
websites that you can just post your
listing on and it's essentially free
marketing you can even use your local
Facebook group to try to flip sneakers
and just make cash and just keep the
business building and guys that's really
how it works it's kind of a timeless
formula it's never gonna change I would
recommend watching this video a few
times just to make sure you didn't miss
what I said but I'll recap it so number
one you need to have money right you
need to have some type of money 500 to a
thousand dollars just to set aside to be
able to buy sneakers number two you need
to make sure you stay up to date with
all the releases what's coming out do
some research on the hype or people
feeling this shoe is it gonna be a cop
or is it can be a flop then you can
compare prices on something like eBay or
stock X or go if you want more of like a
low risk investment I would recommend
going to stores like Ross you can hit
your Nike outlet New Balance Outlet just
tons of different outlets and see what
they have to offer I just think it's a
great low investment a lot of those
sneakers are 4050 percent off so it
gives you a little bit of wiggle room to
you know just kind of get your feet wet
as far as resale and go stim platforms
to sell on I would recommend you know
like Facebook there's a Craigslist you
can sell on ebay you can someone stock
ex Twitter Instagram there's tons of
different platforms that essentially
give you free marketing to reach a large
audience and just sell and always
remember the market goes up and goes
down that's just the way it is so it
just it's a lot of trial and error so
there you guys have a man I hope this
video helped you I hope I answered all
the questions I really just wanted to
make it as simple as possible obviously
you can get into like a more complex
situation of it all like as far as
becoming a bigger reseller and you know
creating a website but we're not talking
about this I'm just talking about Joe
Schmo we're just starting off I got a
little bit of
how do I get into this market and make a
little bit of change I mean if it was
that easy everyone would be doing it so
it's just like thrifting a lot of
footwork you got to go to different
stores see what's going on you got to
make sure you know the market you're
gonna know like all this is gonna go for
that it's all about learning it's not
just like here's a $160 she'll go sell
it for a thousand and bling-bling money
in a day you know but if you have any
questions you can drop a comment down
below and if you guys have any advice
for any of the comments down below make
sure to leave it but this is boys think
of life I'll catch you guys the next
week and follow me nice to grab a mic
the compass until next time run it
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