Is Sneaker Reselling Profitable In 2024?

The Sneaker Reselling Market

In 2022, the global Sneaker reselling market was worth US$6 billion globally, and is expected to reach $30 billion by 2030.

Most Expensive & Popular Sneakers to Resell in 2024

Vintage Air Jordans 12, Nike Air Yeezy 2 “Red October,” Travis Scott Air Jordan 1 Nikes, and Nike Air Mag Back To The Future are some of the most expensive sneakers to resell.

Most Expensive Sneakers Of All Times

With a price tag of $2.2 Million, ‘Bred’ Air Jordan 13 is the most expensive sneakers of all times.

How To Determine The Value Of Resale Sneakers?

You can use a site like StockX. This site shows the cost of sneakers and shoes over the course of the 12 months.

Best Place to Buy and Resell Sneakers

Many new platforms have emerged recently, such as StockX and Goat, which are dedicated to buying and reselling sneakers. These platforms also offer insight into the current price, authenticity, etc.

How Much Can You Make By Reselling Sneakers?

If you have some rare beauties, limited editions, and most demanded sneakers with you, then you can make profits of $10,000+ easily.

Sneaker Reseller Business Owner Salary

The owner of a well-established sneaker reseller business can expect to make a weekly salary of $562.

Is Sneaker Reselling Profitable in 2024?

With so much competition among sellers, there has been an impact on resell value. Regardless, the Sneaker reselling business is profitable.