There's no doubt that sneaker reselling can be extremely profitable but you may be wondering about how you can actually get started. You may be asking yourself a lot of questions like, where to find drop information?, if you need a sneaker bot? and what are the best websites to buy from? Don’t stress, this quick guide can help you find your footing in the reseller game.
How much money can I make from reselling?
Sneaker reselling is a great way to make money and experienced resellers can often make $500-$1000 per month. If you are looking to scale your operations further, you could even set up your own sneaker company, produce content, sell access to information or even build a community.
Where do I source information about reselling?
Finding the right intel can be hard in the beginning. However, the sites below are the ones we recommend for beginners looking to learn more.
Top 10 Sneaker Website For Beginners:
- Sneakers News
- Aio Bot's Blog
- Sole Collector
- Nice Kicks
- Complex Sneakers
- Sneaker Bar Detroit
- Sneaker Freaker
In addition, to the sites above, we recommend that you ensure you are scanning Twitter for reputable accounts to follow. These accounts will share sneaker drop information earlier than blogs and even resell predictions.
Joining a cook group
If you are looking to take your sneaker reselling endeavours one step further. We highly recommend that you look into joining a reselling group or commonly referred to as a 'cook group'.
If you're new to the sneaker game, a cook group is a community of resellers that offer detailed sneaker release guides, resell predictions, site specific stock monitors, and oftentimes provide automated checkout services.
Finding the right a cook group that is right for you can be a process and you may have to join a few before finding one that feels like home.
We recommend you browse Whop's selection of cook groups.
Obtaining sneakers to resell
One of the hardest parts about starting out as a new reseller is obtaining the sneakers you will be reselling.
Buying sneakers can be challenging when starting out. However, if you choose your sources of sneakers wisely you can find steady success.
Sites that operate on Shopify's e-commerce platform are heavily trafficked by sneaker bots and often aren't worth the effort.
Big box retailers like Dick's Sporting Goods, JD Sports, and FinishLine do a fair job combatting bots and have a higher stock than boutiques, so we recommend starting to target those sites if you're beginning your resell journey.
Selling your sneakers
Once you have started to make some purchases and 'hit drops' the fun part - selling the sneakers, starts.
There are loads of options when it comes to moving stock such as Consignment, eBay, hand-to-hand local sales, and resell platforms like StockX and GOAT. Depending on where you live, local sales can often bring the most profit as there are no fees involved. If you live in an area where the sneaker game isn’t very strong you can embrace the platforms like StockX and Alias as they give you access to worldwide buyers.
If you're thinking about becoming a reseller, it is important that you familiarize yourself with Sneaker bots and potentially get your hands on one.
Sneaker Bots are automated software that run the purchase process for you and can do it with speed and volume that a manual reseller simply cannot compete with.
Sneaker botting requires a lot of practice and a bit of initial investment. However, it can definitely be worth it in the long time. If you aren't looking to spend a large amount on a sneaker bot, you can also try using a rental - a temporary sneaker bot.
Last but certainly not least, treat sneaker reselling like a real business. Make yourself an excel spreadsheet or use apps like Scout to track your expenses and watch your business grow.