Reselling sneakers has grown in popularity, especially among sneaker lovers. While some resellers operate this business full-time, others do it on the side. But how much money can you expect to make per month selling sneakers? Several variables influence the response, which varies.
First of all, the kind of sneakers you are reselling will determine how much money you can make. Nike, Adidas, and Jordan are a few sneaker brands with better resale value than others. For instance, a pair of Vans Old Skool may only sell for $50 whereas the well-known Nike Air Jordan 1 Retro High OG might resell for over $1,000. As a result, you stand to profit more if you are selling more costly sneakers.
Second, how much money you can make also depends on the state of the footwear. Sneakers that are brand-new and unused often sell for more money than those that have been worn a little. Even if they are not brand-new, sneakers that are part of a limited edition or are unusual might command a premium price. Third, the amount of money you can make also depends on the demand for the specific shoe model you are reselling. Some sneakers, like the Nike Air Jordan 4 Retro, may have a high resale value since collectors and sneakerheads prize them greatly.
How much money can you expect to make per month from selling sneakers? Since it depends on the aforementioned elements, it is challenging to provide a precise figure. While some resellers claim to earn over $10,000 per month, others only make $1,000. However, you may be able to earn a respectable living as a sneaker reseller if you are knowledgeable about shoes and have a keen eye for lucrative deals.
Nike is without a doubt one of the most well-known sneaker-related brands on the market. Many of the company’s sneakers from its popular Air Jordan line are highly sought-after by both collectors and sneakerheads.
The tendency towards retro and vintage aesthetics will likely continue in terms of the sneakers that will be in demand in 2021. This year, the Nike Dunk, Adidas Superstar, and Reebok Classic are among the sneakers that are anticipated to be popular.
And lastly, among the brands that Nike owns are Converse, Hurley, and the Jordan Brand. Particularly, The Jordan Brand is a division of Nike that specializes in making footwear and products under the Air Jordan brand.
In conclusion, if done properly, shoe reselling can be a successful company. The kind of sneakers you are reselling, how well-maintained they are, and how much demand there is for them are some of the variables that affect how much money you make each month. Nike is one of the most well-known sneaker manufacturers, and in 2021, we can anticipate seeing the trend toward retro and vintage styles to continue. Additionally, Nike owns a number of other companies, such as the Jordan Brand, which specializes in creating footwear and products using the Air Jordan moniker.
Depending on the particular style and the date of release, Jordans might range in price. While certain Jordan sneakers may be purchased for as little as $100 to $150, some can cost as much as $500 or more. Rare or limited Jordan sneakers can fetch thousands of dollars on the secondary market.