You are always providing great info. I appreciate the motivation and tips to succeed in the game. As a female reseller it hasn't always been the easiest. There are always men who think they can LOWBALL/Intimidate us bc were females in the "hustle life".
Please do a snkrdunk video! Also it would be nice if you will take ppl from EU into consideration, if sourcing process is different than in US 🙏🏻 and I would love to see a video showing best online consignment stores where we can sell stuff online living in EU 👌🏻
Hi everyone For those who don't have time to watch the whole video, I made a little recap One of the first things to do is to find your niche ( some examples ) Botting Holding Outlet flip Instore loop Consignment Quick flip Sneakers events To increase your income from hundreds to thousands of Euros, you need to stop doing 5 to 10 things at once, but instead focus on one or two things max The advice of sneaker invest It is interesting to buy at resell price to resell more expensive after The advantages are that : -you can do this every day -profit of 50€ per pair easily But you have to find the customer, that's what you will see in the video This is the most profitable method, no need to bot or wait in front of the stores Fastest way to make your investment capital explode You have to lowball the pairs you buy and buy in lots if possible because it is easier. Even if you get down to 30-40€ profit per pair it's profitable The second question is where to sell? He advises to avoid StockX, facebook and ebay because people will tend to lowball The consignment is very interesting, if you are willing to wait a little before selling One thing that can be done is to find a local shop (in the USA or in Europe) and negotiate a consignment with them. But don't let them take more than 20% on the sale if they sell above the market then no problem but if it's a little below then you have to negotiate between 10 and 15% of the selling price Don't skip the bridges (steps) to make just a small ticket, not good on the long term Some important points: -Do not flake, even if the market has dropped -Be respectful and mature with everyone, you have to take the resell seriously -Keep in touch, you may have to deal with this person again (he explains that today, 90% of his purchases are done through the same people, he stayed in touch) -Networking and relationships come with time, but it will really help you move forward -Don't listen too much to what people tell you, you have to trust yourself a little Don't expect much to wait with 50 people in front of a store for 1 pair, the best way according to him is to buy pairs at resell price to resell more expensive Small tips from him: He is not necessarily excited to have all these pairs, it is part of his job, he worked hard to get there. Just enjoy the reselling process :)
Truly grateful for this video and I’m not in a good situation in my health at the moment so, I have no income nor I can’t work. And shoes honestly helped me out a bit, but also I have just been watching & learning for awhile. I’m always a student no matter how much I know, I’m always trying to learn/grow.
Yes do the Snkr Dunk video. Itll even be dope to even do a sneaker review during the video on a unhyped/brick shoe. On when you got the shoe in the mail an how long it took you to flip. I enjoy your content my brother...💪
I knew this man was going to come with some game I just said 🖕🏾 the wait for a drop secure a pair for retail then sell for 20$ profit only to wait for a month for another 20$ 🤦🏿♂️
Thanks for the advices of reselling. For the investment point of view, 1 million dollars are very successful for reselling. However, if it is a full time job, $100,000 a year is not that outstanding. Hopefully the young kids who are watching the video understand that they need to have a long term goal for their life or career, not just focus on the quick money. They should spend the time on something more valuable rather than stay overnight just for $200 profit.
Hey, I got a pair of Adidas Lucien Smith's spatter UK9 us 9.5 for sale. Where is the best place to sell them? I want £35k for them as that will literally change my life....any advice will be appreciated.
So, Buy : on Ebay, facebook, Insta, Discord, Sell : on GOAT, Consignment (local) Keep your relashionships Just, I don't really understand how SNKRS DUNK works...?
Like 270 on goat after shipping that’s like 285 and with fees on StockX u prob looking at 290-300 depending on size so yes close to 300. 260 after fees would be a decent buy but 300 is pushing it. They gonna go 350 and minus fees what u gonna make? 20-30 bucks after waiting over 6 months? Cool greys some sizes are 400-450 but other sizes just at 310-320 and that’s after a whole year so be careful it could be worth it if u get the right sizes at the right price and get a bigger quantity and u got the money to sit on for 1-2 years and not care otherwise not worth it
@@jamillabubakar1419 If you received over $600 from reselling, all transactions after $600 will be automatically reported to IRS and you gotta pay tax on them. StockX/Venmo/Paypal/others are all complying. So someone like @sneakerinvest who made a ton of $$$ from reselling is probably on the hook for paying massive amount of tax this year…. unless you know he’s somehow tax evading.
@@sneakerinvest i guess you really need that money, being so close to christmas, and all. your words, dont fuck people. but im out my money , thanks to you, appreciate it man
Go to an accountant and let them do it for u. But if u give them all the numbers it’s way cheaper. 3 things u need to track so u should have a spreadsheet. 1) All sales (payouts) from that year minus the cost of goods = profit. 2) All inventory u purchased in that year that was still in ur possession up until December 31st 11.59pm. So stuff u paid for that year and didn’t sell or sold in the new year u count that as inventory. 3) Expenses. U give that spreadsheet to an accountant and let him do it. Might cost u 250-400 and then write that accounting cost off as an expense the next year.
hey you've always helped a lot I don't have much money but have always been someone who likes business and sneakers as a Pasion. I'm 15 now and am just getting started up with just under 1000$ (about 800) I've always watched your vid even before just because I loved how you were friendly and actually taught me something instead of repeating the same things they all say going through the one way answer. You always brought a better outlook and better way to do things and very different. Something where anyone can get their hands on as a true investment. I live in Canada and Have tried to use the snkr dunk app but I don't believe its profitable because shipping expenses are too high which is sad. (I could be very wrong) I also cant use stadium goods as you are unable to internationally ship living out of USA which I am (in Canada). I have got 2 pairs this month as a start Jordan 11 cherry gs and the nocta af1 I was wondering if you could give me any advise or suggestions on how to grow my 800 into thousands. Ik that sounds cliché and everyone wants that ofc, but I've been putting in the time and will continue. If you could give me any tips even after watching this vid or even refer me to someone. I don't know anyways, if you happen to read this just want you to know you've helped me a lot and I will always stay in tuned with what you do. Thanks so much and wish you a merry Christmas and good reselling year in 2023 🙏 sincerely, DacxyBoi
If We Get 3,000 Likes I Will Post A How To Make $10,000 Off Snkr Dunk App Tutorial! ❤️🤝
please everyone like
maybe do it at 1 like like lowke
Need a big consignment store for Europe :(
I live in Germany and we don’t have stadium goods
@@Vacer Need one too, DM me if you found something. I'm from the netherlands
pls drop that vid I need it
You are always providing great info. I appreciate the motivation and tips to succeed in the game. As a female reseller it hasn't always been the easiest. There are always men who think they can LOWBALL/Intimidate us bc were females in the "hustle life".
Just started reselling about a month ago and this video added at least 50% more knowledge to what was already there
Please do a snkrdunk video! Also it would be nice if you will take ppl from EU into consideration, if sourcing process is different than in US 🙏🏻 and I would love to see a video showing best online consignment stores where we can sell stuff online living in EU 👌🏻
Same
Thanks for all the videos man, you have helped me so much reselling. Much love brodie❤
I really fuck with the fact of how humble u keep yourself….
I’ve learned so much from you on my journey! Been subbed for years love the channel🐐
Do a video on how to source. Sometimes paying resell then directly consigning it doesn’t make you money after they take that %20 fee+ship.
Hi everyone
For those who don't have time to watch the whole video, I made a little recap
One of the first things to do is to find your niche ( some examples )
Botting
Holding
Outlet flip
Instore loop
Consignment
Quick flip
Sneakers events
To increase your income from hundreds to thousands of Euros, you need to stop doing 5 to 10 things at once, but instead focus on one or two things max
The advice of sneaker invest
It is interesting to buy at resell price to resell more expensive after
The advantages are that :
-you can do this every day
-profit of 50€ per pair easily
But you have to find the customer, that's what you will see in the video
This is the most profitable method, no need to bot or wait in front of the stores
Fastest way to make your investment capital explode
You have to lowball the pairs you buy
and buy in lots if possible because it is easier. Even if you get down to 30-40€ profit per pair it's profitable
The second question is where to sell?
He advises to avoid StockX, facebook and ebay because people will tend to lowball
The consignment is very interesting, if you are willing to wait a little before selling
One thing that can be done is to find a local shop (in the USA or in Europe) and negotiate a consignment with them.
But don't let them take more than 20% on the sale
if they sell above the market then no problem but if it's a little below then you have to negotiate between 10 and 15% of the selling price
Don't skip the bridges (steps) to make just a small ticket, not good on the long term
Some important points:
-Do not flake, even if the market has dropped
-Be respectful and mature with everyone, you have to take the resell seriously
-Keep in touch, you may have to deal with this person again (he explains that today, 90% of his purchases are done through the same people, he stayed in touch)
-Networking and relationships come with time, but it will really help you move forward
-Don't listen too much to what people tell you, you have to trust yourself a little
Don't expect much to wait with 50 people in front of a store for 1 pair, the best way according to him is to buy pairs at resell price to resell more expensive
Small tips from him:
He is not necessarily excited to have all these pairs, it is part of his job, he worked hard to get there. Just enjoy the reselling process :)
Thank you!
11:26 that shit gave me a heart attack dang
Truly grateful for this video and I’m not in a good situation in my health at the moment so, I have no income nor I can’t work. And shoes honestly helped me out a bit, but also I have just been watching & learning for awhile. I’m always a student no matter how much I know, I’m always trying to learn/grow.
We need the lost and found prediction
To the moon
Buy as many as you can
Been waiting for this video
He’ll let u know after he secures his 300 pairs lol
They will fetch 800-1000 one day . Not anytime soon tho !
Yes do the Snkr Dunk video. Itll even be dope to even do a sneaker review during the video on a unhyped/brick shoe. On when you got the shoe in the mail an how long it took you to flip. I enjoy your content my brother...💪
you are so goated bro, thank you for the amazing info all the time, thank you for being so real
I started like 4yrs ago and I’m doing fairly good but I don’t have the passion anymore so I got mad inventory but I’m not pushing myself smh
Can we see the process of a week of what you do from sourcing to selling. That would be gasss
we need that snkrdunk tutorial . from the uk
What questions do you have bout snkrdunk?
how to get it into English and best shoes to buy in terms of how much cheaper they are on the Japanese market.
awesome video mate been binge watching all ur old vids past days. yes i would love to see the snkrdunk video. would be amazing to see
Appreciate for your time for the information 💯
Your a King 👑
How do you do with taxes?
Congrats. Well done and good for you. Merry Xmas
From London 🇬🇧 UK
That sneaker dunk vid would be dope
Need that sneaker dunk tutorial
Money makes more money. All you gotta know
Very helpful video. Much appreciated
I knew this man was going to come with some game I just said 🖕🏾 the wait for a drop secure a pair for retail then sell for 20$ profit only to wait for a month for another 20$ 🤦🏿♂️
Great video🐐
Yea! It would be cool to do a video on SNKR Dunk.
love you bro thanks for info
THATS WHY HES THE GOATTT
Thank you 🙏🏽
keep up the good work!
🙏🏾 appreciate you
We need the Travis black phantom prediction please
Everyone go like this I need that SNKRDUNK video
great info!
Im really interested in holding. I recall you used to have a group right? Is that still open? Have plenty of capital to work worth. I appreciate it!
Yeah please do that sneakerdunk video
cool journey, well done.
Are you going to make thag snkr dunk vid, want to
Get into it but seen some stuff about fakes
Thanks for the advices of reselling. For the investment point of view, 1 million dollars are very successful for reselling. However, if it is a full time job, $100,000 a year is not that outstanding. Hopefully the young kids who are watching the video understand that they need to have a long term goal for their life or career, not just focus on the quick money. They should spend the time on something more valuable rather than stay overnight just for $200 profit.
W video, simple as that
Gotta see this snkrdunk video
Top G
Thanks
make a snkr dunk vid
Need that snkr dunk tutorial
Can you order from SNKRDUNK from Europe? Ive yet to find a way to do it, if you have a video or website/reddit please send, much love.
SNKRDUNK let’s do it!!!
Do they sell real sneakers
i appreciate you
I need to know where to buy in bulk like he does
What do you use to keep track of inventory and help with taxes?
Who won the giveaway
Hey, I got a pair of Adidas Lucien Smith's spatter UK9 us 9.5 for sale. Where is the best place to sell them? I want £35k for them as that will literally change my life....any advice will be appreciated.
Sneakerivest what you think about brick selling?
So,
Buy : on Ebay, facebook, Insta, Discord,
Sell : on GOAT, Consignment (local)
Keep your relashionships
Just, I don't really understand how SNKRS DUNK works...?
will stockx allow the shoes from sneakerdunk because they have a different Chinese box
Yeah they should recently sent a pair of Oreo 350’s with a Chinese box and it passed
@@stefanoisabella2036 did you have to remove the different label on the side. or did you keep the box how it was originally
U got Habibi dunks?
9:27 let’s keep our bridges man 🚠 most importantly let’s keep learning from Sneaker invest
Should I hold the Travis black phantom
Yes make the japan video
I thought you said your next upload was going to be a giveaway a few uploads back. What happened?
I filmed this video months ago. I will announce the giveaway winners in my next video.
@@sneakerinvest thanks
Who won the sneaker giveaway
i actually like ebay when it comes to selling used
How do I put snkr dunk in English it’s all written in Chinese and I don’t understand anything
Is there anyway to get the shipping rate down on sneaker dunk the shipping fee is too high lol
you mentioned facbook and offer up but what if they are fakes and the seller lies about it? there is no authentication
on those sites.
W vid
🐐
The GOAT🐐
Wdym by “source”
Tha goat⛹️♂️
Hi! Thanks for your videos. How can I contact you?
You think the new cherry 11s a good investment? I wanna buy for resell but everyone is charging 300-400 already smh
Price will most likely drop when everyone gets their pairs in the mail this week. Size 10 is already down to 260 on apps
Like 270 on goat after shipping that’s like 285 and with fees on StockX u prob looking at 290-300 depending on size so yes close to 300. 260 after fees would be a decent buy but 300 is pushing it. They gonna go 350 and minus fees what u gonna make? 20-30 bucks after waiting over 6 months? Cool greys some sizes are 400-450 but other sizes just at 310-320 and that’s after a whole year so be careful it could be worth it if u get the right sizes at the right price and get a bigger quantity and u got the money to sit on for 1-2 years and not care otherwise not worth it
1 million in sales or 1 million in profit?
W
Anyone got any future holds?
Bro where’s the vlog 😐
How much do you pay taxes?
Any EU consigment ?
W wid
is sneaker dunk legit?
Yes
Are you prepared for this year IRS 600 tax?
What’s that
@@jamillabubakar1419 If you received over $600 from reselling, all transactions after $600 will be automatically reported to IRS and you gotta pay tax on them. StockX/Venmo/Paypal/others are all complying.
So someone like @sneakerinvest who made a ton of $$$ from reselling is probably on the hook for paying massive amount of tax this year…. unless you know he’s somehow tax evading.
@@4th24th so on stadium supply, if I sell a shoe do I have to go through this problem
@@jamillabubakar1419 100% because stadium supply uses hyper wallet and they are obligated to report
@@4th24th so do I have to create a hyper wallet
bro you a millionaire why steal 62 dollars from me
What
@@sneakerinvest i guess you really need that money, being so close to christmas, and all. your words, dont fuck people. but im out my money , thanks to you, appreciate it man
How do u do taxes
Go to an accountant and let them do it for u. But if u give them all the numbers it’s way cheaper. 3 things u need to track so u should have a spreadsheet. 1) All sales (payouts) from that year minus the cost of goods = profit. 2) All inventory u purchased in that year that was still in ur possession up until December 31st 11.59pm. So stuff u paid for that year and didn’t sell or sold in the new year u count that as inventory. 3) Expenses.
U give that spreadsheet to an accountant and let him do it. Might cost u 250-400 and then write that accounting cost off as an expense the next year.
@@sneakerhead4770 is this your personal experience or just what you heard on the internet? Not a hostile question, just asking.
@@guacfiend experience
🧢
1 mill in inventory, not liquid and that goes to half after selling
W first
hey you've always helped a lot I don't have much money but have always been someone who likes business and sneakers as a Pasion. I'm 15 now and am just getting started up with just under 1000$ (about 800) I've always watched your vid even before just because I loved how you were friendly and actually taught me something instead of repeating the same things they all say going through the one way answer. You always brought a better outlook and better way to do things and very different. Something where anyone can get their hands on as a true investment. I live in Canada and Have tried to use the snkr dunk app but I don't believe its profitable because shipping expenses are too high which is sad. (I could be very wrong) I also cant use stadium goods as you are unable to internationally ship living out of USA which I am (in Canada). I have got 2 pairs this month as a start Jordan 11 cherry gs and the nocta af1 I was wondering if you could give me any advise or suggestions on how to grow my 800 into thousands. Ik that sounds cliché and everyone wants that ofc, but I've been putting in the time and will continue. If you could give me any tips even after watching this vid or even refer me to someone. I don't know anyways, if you happen to read this just want you to know you've helped me a lot and I will always stay in tuned with what you do. Thanks so much and wish you a merry Christmas and good reselling year in 2023 🙏
sincerely, DacxyBoi
FIRST?
But I heard snkrdunk might sell reps and I am a reseller and buying from snkrdunk kinda seems sketchy
I’ve made a killing selling on fb marketplace it’s the best gold mine
I started like 4yrs ago and I’m doing fairly good but I don’t have the passion anymore so I got mad inventory but I’m not pushing myself smh
Your a King 👑
W