The Ultimate Guide to Flipping Sneakers: How to Start and Profit BIG TIME!
In today’s crazy sneaker reselling scene, limited-edition sneakers are more than fashion. They’re investment assets! Passionate sneaker enthusiasts and entrepreneurs have turned flipping sneakers from a hobby into a profitable business. With the right approach, perfect timing, and a great sneaker bot, you can dive into this thriving market. Whether you’re a sneaker lover at heart or just seeking some extra income, here’s how you can join this party.
Why Flipping Sneakers is a Profitable Side Hustle
The sneaker resale industry is a multi-billion-dollar market, fueled by exclusive drops from Nike, Adidas, Jordan, and many other brands. Collectors and resellers hunt these exclusive sneakers like their lives depend on them. Which is true and literal in the case of real sneakerheads that go all in! Leveraging their rarity and high demand, a true connoisseur knows when to cop and flip those sneakers to cash in BIG! Resale prices often skyrocket well beyond retail prices making flipping sneakers one of the best ways to earn significant profit quickly!
Step 1: Research Before You Buy
Not every pair of sneakers is a jackpot. To be successful, you’ll need to keep your eyes wide open, and your feelings under control. Cause no matter how much you like a pair, it ain’t worth copping if it ain’t profitable. So keep up with the trends, and what we mentioned below to maximize your wins.
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Release Dates: Your best friend now is a trusty sneaker calendar. Keep up with release dates of every brand you’re copping because those drops sell out faster than you can blink!
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Resale Value: Many sneaker flipping platforms list early pairs of an upcoming drop. And the asking price then, among other factors, can be an indicator to keep in mind.
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Cultural Hype: Is the drop you’re eyeing exclusive? Did a celebrity flex it? Is this a one-of-a-kind collab? If you answered yes to any of these questions, you gotta cop that pair!
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Now, if you’re just starting to learn how to flip sneakers, there’s a way to know what to cop. The market is full of sneaker blogs and influencers that can help you start. And there’s TSB’s ultimate guide on which sneakers are worth copping and reselling. You better check it out!
Step 2: Secure Your Inventory – Getting the Hot Kicks
Flipping sneakers can be a real money-making hobby. Or a full-blown business if done right.
Now, it’s not all rainbows and cupcakes in the game. Well, at least not in recent years with all the messes we had to deal with. From breakups, to delays in drops, and even cancelations. It hasn’t been easy, but the game goes on, and with the right tools, you’ll get to where the money is!
But what tools are we talking about? And how can you access unlimited profits from flipping sneakers?
Sneaker Bots & The Reselling Game
So the first and most important tool to have is a sneaker bot. One that can bypass all security measure, skip all queues, and land you on the checkout page. What a sneaker bot does is buy you the items you want fast, at retail, and in big quantities. Learn more about sneaker bots in this guide. One bot that will not fail you on Nike, and Shopify is The Shit Bot. Our masterpiece of a tool. The one with the craziest history, and the highest success rates in the game. The sneaker bot that made copping Nike sneakers a dream come TRUE! Click the button below to learn all about TSB!
More tools, or like add-ons you’ll need, especially if you don’t live in the US, the hub of all things sneakers, are Sneaker proxies. Which to your luck, are all covered in this blog post.
Other than that, just keep your internet connection stable and fast, and you’re off to make a shit ton of profit reselling sneakers.
Step 3: Where to Sell – Platforms That Move Sneakers Fast
Once you’ve scored your sneakers, you need to sell them. The key is to list them on the right platforms. Here are the best marketplaces for flipping sneakers:
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StockX: AKA the stock market of things. It operates on a bidding system, and offers great authentication services. Making it, easily, the BEST platform for buying and flipping sneakers!
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GOAT: This platform which also includes Grailed, focuses on high-end sneaker sales with an emphasis on authenticity and condition.
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eBay: Still relevant, still a massive platform for reselling. Especially after lowering its sneaker flipping fees and introducing authentication services for higher-value pairs.
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Facebook Groups and Craigslist: Great for local buyers, where you can skip shipping costs and fees, and probably sell faster.
And if you’re looking for more local reselling platforms, to keep the shipping fees in check, we got you covered. We have guides on sneaker reselling in Korea, Philippines, Malaysia, Europe, China, and every region where The Shit Bot cops like crazy.
Step 4: Maximize Your Profits – Timing, Pricing, and Presentation
Success in sneaker flipping is about many things, including your sneakers. Your strategy can make or break your business, and patience here is very crucial.
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Timing: The resale market fluctuates. A pair might be in high demand today, but not tomorrow. So sometimes you might wanna hold on to your kicks to see where their value rests.
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Pricing: Analyze the market and price the sneakers you’re flipping accordingly. Not too high, you scare off clients. Not too low, you miss out on the profit you SHOULD be making!
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Presentation: Take Insta-worthy photos and write detailed descriptions. Highlight key features, condition, and authenticity can differentiate your listing from others.
- Condition: Although you can sell used shoes, flipping sneakers in a great condition brings in great profit. So learn how to care for your kicks, to keep your business booming!
Step 5: Scaling Your Sneaker Reselling Business
Once you’ve started flipping sneakers, the sky is your limit. You can now move into reselling collectibles, figurines, Supreme and other streetwear brands. And if you as us, diversification is pretty helpful in a reselling business. Don’t put your eggs in one basket, as some sneaker drops fall out of style. And if they do, you’ll need a plan B and C. And if you find the right niche, you can flip a tiny collectible doll or an exclusive for hundreds of dollars so easily. Oh, and BTW TSB can buy you those too!
The Future of Flipping Sneakers as a Side Hustle
The sneaker scene is buzzing, continually evolving with new drops, collaborations, and sneaker technologies shaping its future. With the perfect blend of research, savvy, and business strategy, sneaker flipping can become your next profitable venture!
To truly excel in sneaker flipping, dive into the sneaker culture by joining in online forums like sneaker reddit and communities like sneaker cookgroups. These channels offer a lot of guidance, insights, and a ton of support for everyone. And you never know, you might find your next client in one of these groups, so you better go all in!