Reselling (or “flipping”) sneakers involves buying limited-edition or highly sought-after sneakers and selling them for a profit. It’s a niche that attracts enthusiasts and entrepreneurs alike, since coveted sneakers are assets that can appreciate in value over time.
The sneaker market has been through some major ups and downs recently, following a pandemic-induced surge and then a downturn due to inflation. Sneaker flipping isn’t a surefire get-rich-quick scheme, but it still has earning potential, so it’s worth looking into, either as a potential side hustle or as a full-time business endeavor.
We’ll tell you how and where to buy and sell sneakers, how much you can earn, and everything else you need to know to get started as a sneaker flipper.