Knowledge how to resell sneakers is an important skill to have as a shoe collector, because if your wardrobe starts to overflow, it might be time to turn over some of your inventory.
Fortunately, there are now plenty of ways to sell your sneakers, especially with the growth of online marketplaces like StockX, which is not only one of the best places to buy sneakers, but can also be a simple place to sell your shoes.
However, going through a third-party seller comes with its own limitations, such as additional fees, so we’ve put together this guide to help you understand some of the finer details when it comes to selling your shoes.
So whether you’re looking to sell your shoes to a store or want to offload your sneakers independently, we’ve got everything you need to get started selling your sneakers here.
How to resell sneakers – Marketplace Apps
Selling your shoes through a marketplace website or app is perhaps the most convenient way to get rid of your sneakers, as it saves you some of the hassle and assures the buyer that what they’re buying is the real deal. .
As mentioned, one of the most popular market apps is StockX, which can make buying and selling your shoes incredibly quick and easy.
With StockX, you simply list your shoes at a certain price, then potential buyers can choose to accept or make their own offer. Once a deal is struck, you’ll receive a shipping label to send your sneakers to and StockX will take things from there.
Since you’re getting a little extra help here, you’ll be charged a 9.5% referral fee up front; however, that drops to 9% after 3 sales, 8.5% after 30 sales or $10,000 in revenue, and just 8% after 100 sales or $25,000 in transactions.
StockX is not the only market website you can sell on, as GOAT gives you a similar selling experience. The difference here is that you first need to apply to become an authorized seller, but the selling fee is set at $5 in the US and $12 in the UK.
How to Resell Sneakers – In-Person Stores
An alternative approach you can take is to drop off your sneakers (or ship them) to stores like Stadium Goods or Flight Club, one of the best places to buy Jordans, who will then put your shoes up for sale in-store and, in the case of Flight Clubs, online.
With this method, you will work with store staff to agree on a price at which to sell your sneakers based on the sales history of the shoe in question. Then, once your sneakers are sold, you can either collect a check or have the money deposited to you.
Again though, there are fees involved. Flight Club, for example, takes 9.5% of each sale, a $5 sale fee, and a 2.9% withdrawal fee. In contrast, Stadium Goods has an 80/20 split when it comes to sales.
Round Two offers a similar experience, except you get paid upon delivery of your sneakers. One caveat with this approach is that you’ll need to know how much your sneakers are worth in order to negotiate a good price.
If you’re from the UK, check out KershKicks who offer a similar sales process to Round Two in that they cash in immediately.
How to resell sneakers – independently
If you’re looking to minimize or completely eliminate seller fees, you can always resell your shoes independently. The problem with this approach is that it can take time, and your sneakers won’t be seen by as many people. just like they would on a well-known marketplace app or in a sneaker store.
This means you’ll have to promote your own listing, which can be tricky if you have little or no reviews on sites like eBay or Depop, as buyers can be slightly cautious when buying from you, d especially since they won’t know for sure what. they get is legit.
It may also mean that you won’t be able to charge as high a price as stores like Flight Club due to a lack of authenticity. This is especially important to consider when trying to decide if the lower selling fee is worth it.
That said, you’re in complete control of this approach, especially if you’re selling via social media, which means you can edit the listing and even remove the sneakers from sale if you’re not 100% sure you’re buying it. are. ready to sell.
Read more: The best Air Jordans available now