Where To Resell Sneakers In China? 4 Best Marketplaces!
We’re back at it again, diving into the multi-billion-dollar sneaker resale scene. This time, all eyes are on the Dragon’s Lair: China. While it all started Stateside, China’s now a straight-up beast in the game. With a huge slice of the pie, we’re absolutely NOT sleeping on this new titan on the block. After checking out where to resell sneakers in Europe, Japan, and Korea, let’s dig deep into sneaker reselling in China. Time to cash in big, Far East fam! Let’s learn how and where to resell sneakers in China like a boss!
Sneaker Reselling In China: Stats & Streetwear Stacks
Let’s start by crunching some numbers. In 2024, the U.S. sneaker market hit a whopping $23.4 billion, while China came in strong at $17.11 billion. Here’s the twist: China’s sneaker scene is on a tear with a 6.84% annual growth rate, outpacing the U.S. at 4.52%. Could this mean China’s gearing up to lead the sneaker world? Well, who knows? After all, many of those top-selling Nikes and Jordans are actually made right here in China *wink*!
And let’s not sleep on the streetwear explosion in China! Streetwear and sneakers are like peanut butter and jelly here, stirring up an unbeatable hype storm. Influenced by the best of U.S. and Japanese styles, China’s street fashion and sneaker culture are blowing up. Supreme, Off-White, Stussy, A Bathing Ape, they’re all big names in the game here. Oh, and those kicks celebrating Chinese culture, like those super expensive Nikes and Jordans? They’re roaring loud and proud.
Bottom line? China’s got a big chunk of the $11.5 billion sneaker resale market. The Asia Pacific region, led by China, owns 17.5% of the secondary sneaker scene. So, wanna resell sneakers in China? That’s a smart move, folks. The game’s wide open for a big win!
Where To Resell Sneakers In China? Question Of The Year
Now, to the BIG question: Where to resell sneakers in China? After the jaw-dropping stats we just caught, it’s no wonder that the demand for sneakers in China is skyrocketing. Here, we’ve got a mix of local Chinese resale platforms and popular global ones that also operate in China.
POISON
Looking to resell sneakers in China? Look no further than POIZON, also known as Dewu. It’s the go-to online marketplace for sneakers, clothing, watches, and more. What sets it apart? Their killer authentication service! Here’s how it rolls: Ship your kicks to their local warehouse for a thorough authenticity check and quality inspection. Once approved, POIZON packs your sneakers in their branded gear, throws in an authentication certificate, and ships them to your buyer. Simple as that! Plus, no pesky annual fees, just a 5% selling cut when your kicks fly off the shelves. Easy money, right?
Xianyu
There’s no way you want to resell sneakers in China without crossing paths with Xianyu. Owned by Alibaba Group, Xianyu is a major online marketplace known for its robust platform. It’s where you can buy and sell everything from new releases to vintage kicks with ease. In June 2023, Xianyu announced that sellers who exceed 10 orders totaling over CNY 10,000 (USD 1,433) per month will be charged 1 percent of the transaction value for each order thereafter. All in all, Xianyu is a standout in China’s sneaker resale market, and you’ve gotta check it out.
GOAT
The Greatest of All Time, known as GOAT, is also one of the best sites for resale in China! While originally based in the U.S., GOAT seized a smart opportunity by launching a localized app in China. Their expansion didn’t stop there, they established a dedicated facility in Hong Kong to enhance marketplace efficiency. As a sneaker reseller on GOAT, expect commission fees starting from a minimum of 9.5%, alongside seller fees. It’s worth noting that GOAT’s fees are notably higher compared to POIZON’s! So, if you’re keen to learn more about selling on GOAT, you can find everything you need right here.
StockX
Wrapping up our list with StockX, another reselling platform that allows you to resell your sneakers in China. Although StockX temporarily halted shipping to Mainland China at the beginning of 2022, the platform resumed operations later on. But if you compare their fees to POIZON’s, you’ll notice they can be a bit hefty. Newcomers to the resell game start at level 1 with a 10% fee, which decreases as you advance in levels. Additionally, there’s a 3% processing fee. You can learn all about selling on StockX right here.
How To Resell Sneakers In China? Start Now!
Now, if you’ve been keeping up lately, you’re probably shocked by the outrageous profits sneaker reselling is pulling in. Also, with the sneaker game heating up with every release and collab, there’s no better time to jump into the hustle. Lucky for you, sneaker resale hype is off the charts in China right now.
First things first, you’ve gotta check out this step-by-step guide on how to become a sneaker reseller. Next up, you definitely need a powerful sneaker bot to guarantee those big Ws. In fact, the best way to cop those exclusive releases in BULK is with a solid sneaker bot by your side. Don’t worry, we’ve got you covered with everything on sneaker botting in our beginner’s guide right here. From Nike bots to Shopify bots and all the tools you need, this guide has it all. See ya later, fam!