Key Concepts
Reselling hyped sneakers means buying popular, limited-edition shoes and selling them for more money to make a profit. Here are the main things to know:
Hype and Limited Supply Big brands like Nike and Adidas release special sneakers in small amounts. Because not many people can get them, lots of buyers are willing to pay more.
Retail vs. Resale Price A shoe might cost $150 in stores, but if itβs rare, someone might pay $300 or more to buy it later. The goal is to buy low and sell high.
How Shoes Are Released Sneaker drops happen online, in apps, or in stores. Sometimes you need to enter raffles or be super quick to get a pair. Some people use bots to help them buy faster.
Where to Sell People sell shoes on websites like StockX, GOAT, and eBay, or through social media. These places help with payments and make sure shoes are real.
Condition and Fake Shoes Buyers want shoes that are real and in great shape. Some websites check the shoes before sending them to the buyer.
Itβs Not Always Easy Not all shoes go up in value. Sometimes, they drop in price. Good resellers do research and learn what people really want before buying.
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