Saturday, June 6, 2020

Cash in slippers

For those of us who remember semester trips to the shoe store with our parents, buying and selling slippers from the comfort of your home may not seem like the new home business, but many people, including some still in their teens, learn to buy and resell slippers. it is a quick way to cash.

Their parents may have collected baseball cards, but the children now collect sneakers. Complete websites and blogs detail their collections, with photos and announcements of the shoe's release dates. For some, collecting sneakers is a passion for fashion: the desire to have the best, the brightest and the best. They can have the same pair of sneakers in a rainbow of colors. But for others, sneakers are an investment. Lots and lots of never worn or barely used sneakers adorn your bedrooms and closets. While his father checks the stock prices, the son checks the resale values ​​on the Internet.

Every day on online auction sites, shoe buyers and sellers participate in tens of thousands of shoe auctions. There is a lot of money to be made. A shoe that was initially priced between $ 100 and $ 200 can easily be worth 5 to 10 times more than if it was part of a limited production. Sneaker shoppers are searching for shoes that no one else has and are willing to pay the best price for the strange sneakers. For sellers willing to face long lines on shoe launch days, this can mean a lot of Crease Protector.

So what does it take to be a sneaker reseller? First, you need to keep up to date with the ever-changing stock of shoes. Shoe buyers are fickle and flock to the latest and greatest shoe, so as a seller you should be there with them, preferably one step ahead. There may be dozens of different shoe models. You need to know which are the "hot" shoes and which are the "lame" shoes or else you will end up with worthless shoes that no one wants to buy. You need to keep track of each shoe's current rates so that their prices are in line with what shoe buyers are willing to pay. You need to know the online auction process, which in turn means you need to have at least a little bit of computer knowledge. Lastly, it helps if you have as much passion for sneakers as your buyers. Just keep in mind that if you want to make money you will have to drop those sneakers however rare they are.

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