Thank you I’m just now getting into it. I have a bunch of money but deciding what to get into has been hard. I opened a thrift shop I sell mostly tank tops, shorts and T-shirts but now I’m adding sneakers new in box. ❤🎉
It's big money in thrift shops bro I'm from Charlotte and the vintage/retro pop ups is how the youth meet up now everybody meets there but there's crazy profits to be involved
I am from Trinidad and our resell market isn’t as diverse as it is in the US, of course we have the businesses and online pages but stores on consignment etc I’m talking about. And this video was really helpful pertaining to even approaching stores to start a relationship like that; even right now I’m looking for a good source to purchase sneakers from abroad to ship here & sell so thanks a lot for this video 🙏🏾
All love to you, been reselling for 2 and a half years and have been done exactly what you explained, from reselling from retail to buying resell and selling to stores and going to outlets for more money. What I want to know is how the top people like the ones who sell to Asian buyers make there money and find them
Great vid great advice! I have had crap Snkr sales on eBay! I may try the consignment shops I’m just a little leery about shipping my shoes before they sell To a shop like you said you gotta be able to trust the consignment store. Def looking into it thanks for the info
Yo, just want to thank you for everything you brought to me. I come from France and made 10k out of 200$ in 7 months. I just started reaching over minimum wage by like working 20-30 minutes a day when I am only 15. You brought in a serious entrepreneurial career and I am just grateful for it.
@@giannirodari8555 I buy used shoes off vinted and sell on alias and I make 50-60% margins. But I also do sneaker consignment with the platform wethenew in France. You can ship ww to them and sometimes you have better payouts then what he shows on his vids because market is much higher in France. You can easily buy from stock and goat and make profit 35-40% margins but best is on local market place where same I hit 50% margins but like the pairs sit a while and rn they have like one week payout so not really good to have a good rolling.
Cosignment also takes a hefty fee. The only issue is stores and malls are going out of business. Online will see a big boost as far as reselling in the future.
Looking forward to the next video on reselling, this was really good and incredibly useful! Would love a video on sneaker resale software as well, just to keep track of every thing you have margins, what stores they're in, etc... Literally have been doing this by hand in excel for almost a year and sort of sick of it, but come from an investment banking background and a lot of people do not have the excel skills, so think it would be useful to everyone. Thank you, once again!
Consignment... use other people's established platform (A resell shop that offers consignment) to liquidate your product quickly. "Work smart, not hard." No consumer will pay him resell shop prices if he was a "meet-up reseller" unless he has clientele that pays MOON lol! I'm a big fan of L.A. Syndicate who explained why it's a gimmicky overall practice. I know it works for Urban Necessities but I know a consigner who had his payouts backed up for about 4 months due to TwoJsKicks wife being the only one to do payroll smh. He eventually got paid though...
In my onest opionion. if u dont take snkeaer reselling too seriusly and it not became a work in terms of hour dedicated every day, make a decent amount of money it's very very difficult in nowdays, except if you're very lucky and u can cop the release of the year that can made you some hundreds of bucks. This release are increasingly rare because, for what i can see, popularity for sneakers is really dropped, today if u wear an appartely very expensive shoes the majority of people will not care about it, they will think you're kicks are fake. (SORRY FOR MY BAD ENGLISH IN MY COUNTRY IM NOT AMERICAN/ENGLISH).
This is good advice if you are in a good area. If you are in Chicago or Florida where they have good outlets this game is possible. I ran my butt off for about a year trying this out but I only have one nike outlet and one champs sports outlet near me and they never ever ever get retros or dunks. Locally on fb it's either fakes or other resellers and you can't get deals. I've spent money on gift cards and lunches for employees at my mall stores and it got me nowhere because there are so many resellers that work for footlocker and jd sports that they already have their own business going so they act like they are gonna help but don't. Anymore it's al.ost impossible for me to even hit a retail release for my personal size on a pair I want. Lol. A few years ago I did well on jordan 1's but the market just has crashed on them. I find that I do better now hitting ross and burlington and marshalls finding good deals on all kinds of different things not just sneakers. You can really find some profitable things at those stores if you do your research. The sneaker game has gotten really really rough lately unless you are in a good area. Thrifting has e en gotten hard. My local goodwill bins has at least 50 to 60 people that are literally fighting each other some times. And the regular thrift stores are now pricing every t shirt that seems like it could be valuable for insane prices. I laughed at my local thrift shop the other day and told the manager you guys are getting seriously out of control trying to sell t shirts that have a rock band or rapper on them that came from kohls or target a year ago as a vintage t for 50 to 100 dollars. It's comical. However the places to really hit hard in the summer are yard sales esp if it's a whole neighborhood doing them at the same time. If you find out when the yard sales are and you get out there early some deals can be had. And if you see an advertisement of fb for yard sales coming that weekend sometimes you can message the people and tell them what you are looking for and I've had luck asking if I can stop by their house on a Thursday or Friday evening and buying bulk items before the sale even starts. Hopefully that helps some of you that watched rhis video if you were not currently doing the yard sale thing. Don't be afraid to try and hit the sales before they even start. Sometimes people really wanna move stuff and you can get really lucky.
I’m from Florida I live 10 minutes from a consignment shop & there shoes are over priced the panda dunks are $380 but StockX sells them for $160 the only problem is if there inventory is too full that’s my problem I could make money but there not taking shit & my fb marketplace keeps telling me I can’t shop on there bc I didn’t follow fb policies this shit is getting out of hand🤣
Remember this only works if you live in the US , im from southamerica and reselling its imposible here , just for the shipping its 40 dollars and theres all the profit , not even to talk about the smaller stock per pairs
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
@@DailamiPuang The broker I'm in touch with is *ASHLEY AIRAGAHI . I came across her in a Bloomberg interview and got in touch with her. You can use something else. For me, her strategy works hence my result. She provides entry and exit point for the securities I focus on
Just put your money in the S&P 500 and just reinvest your dividends. The s&p 500 average 10 percent a year and nobody can be the s&p 500 even professionals can’t beat them and there expenses ratio is only 0.03 percent.
when you show pics of selling for a lot more, like 100$ more, do you just go to a store and offer them to buy that shoe? how does that transactiom work? thanks
theres this facebook seller whose selling 3 Concord J1 Lows sizes 10-11. 1 Cherry Jordan 11 size 10 and a UCLA Dunk, some pandas. I'm tryna cop all of em at a good price to sell at a consignment shop lol.
Quality video! Thanks for breaking everything down in detail. 🙏 Does anybody know how to determine the sizes you want to resell? Like is there a more dominant market in certain sizes?
My question is why are the people selling brand new shoes for less than they just bought them for? If they arent selling for profit then why do they sell them? Why wouldnt they want a brand new shoe they just bought?
yes, but usually pairs from outlet monitors are backdoored to workers, or workers give info to their guys, so its still hard to get something from monitors
My Nike outlet had Military Black PS (with 20% off) today. Asked an employee who I've been friendly with the past year or so, how many I could buy...he limited me to one pair. I'm still mad about it 🤦🏻♂️😂
Facebook market place is filled with reps. I often see new mens size jordans for $140. Big red flag, no one would sell them that cheap unless theyre used or fake.
Not true. My wife works at Nike and gets shoes for free sometimes . If it's all profit I sell some for that price . But I only use eBay authentication to assure the customer they are real shoes
Yea bro I had the same exact question when I watched this. I found loads of shoes underpriced and I could sell for higher just by looking, but there is no way to know if any of the shoe listed are real or fake. How do you even go about from there
I really, really understand what you are saying, but what about Europe? The only option is to move to US? Because with my experience there are no consignments shops here.
i’d do this but last time i tried my sneaker store lied to me and gave me $220 for carbons they sold for $400 + and it took so long for them to give me the money
What do suggest if my local consignment is no longer selling well for me. The issue is they lost their spot at the mall due to DTLR expanding. Another shop came in but they don't take consignment. Now the original shop is back but located on the outside of the mall and I believe the other shop now commands the local customers.
I suggest you talk to the owner of the new shop and explain to him or her on how they can literally make money without spending a dime by taking you in as a consigner
Whole video is gold but that last part about who determines the market is diamond 🎯
I was looking starting for it and i seem that this was the best video for the sneakers reseller knowledge thank u man love you ❤
Been watching for a while now. You are truly a legend
Thank you I’m just now getting into it. I have a bunch of money but deciding what to get into has been hard. I opened a thrift shop I sell mostly tank tops, shorts and T-shirts but now I’m adding sneakers new in box. ❤🎉
It's big money in thrift shops bro I'm from Charlotte and the vintage/retro pop ups is how the youth meet up now everybody meets there but there's crazy profits to be involved
I am from Trinidad and our resell market isn’t as diverse as it is in the US, of course we have the businesses and online pages but stores on consignment etc I’m talking about. And this video was really helpful pertaining to even approaching stores to start a relationship like that; even right now I’m looking for a good source to purchase sneakers from abroad to ship here & sell so thanks a lot for this video 🙏🏾
wow a trini, you don’t see them everyday
Hey, do you want to connect? I may have an opportunity to discuss with you, thank you and good luck!
All love to you, been reselling for 2 and a half years and have been done exactly what you explained, from reselling from retail to buying resell and selling to stores and going to outlets for more money. What I want to know is how the top people like the ones who sell to Asian buyers make there money and find them
Bro how do you sell pls tell me
Great vid great advice! I have had crap Snkr sales on eBay! I may try the consignment shops I’m just a little leery about shipping my shoes before they sell To a shop like you said you gotta be able to trust the consignment store. Def looking into it thanks for the info
Looking forward to seeing part 2
Great content. I think you give solid advice
Yo, just want to thank you for everything you brought to me. I come from France and made 10k out of 200$ in 7 months. I just started reaching over minimum wage by like working 20-30 minutes a day when I am only 15. You brought in a serious entrepreneurial career and I am just grateful for it.
Do you Use sneakers consignment? Because i'm an italian 16 year old boy and I'm very interested.
Tu consignes ou t’es paires en france ?
Do you consign in France? I am located in Miami have been looking to do business with EU
@@jimmyz6432 maybe we can do business? I'm in the uk. I currently bot releases
@@giannirodari8555 I buy used shoes off vinted and sell on alias and I make 50-60% margins. But I also do sneaker consignment with the platform wethenew in France. You can ship ww to them and sometimes you have better payouts then what he shows on his vids because market is much higher in France. You can easily buy from stock and goat and make profit 35-40% margins but best is on local market place where same I hit 50% margins but like the pairs sit a while and rn they have like one week payout so not really good to have a good rolling.
Amazing video I have learned the most from you. Thank you
Cosignment also takes a hefty fee. The only issue is stores and malls are going out of business. Online will see a big boost as far as reselling in the future.
The stores also add your pairs to their website
Consignment also will reject this guys fake sneakers lol
You're so real bro. Realest reseller out here no cap
💡 VIDEO IDEAS:
-Overseas buyers tutorial
- How to determine what shoe will do good in consignment or not
- How to build good relationships with people
Yes, I strongly agree with determining if it’s good for consignment
The legend himself ❤ you’re unreal bro
Looking forward to the next video on reselling, this was really good and incredibly useful! Would love a video on sneaker resale software as well, just to keep track of every thing you have margins, what stores they're in, etc... Literally have been doing this by hand in excel for almost a year and sort of sick of it, but come from an investment banking background and a lot of people do not have the excel skills, so think it would be useful to everyone. Thank you, once again!
Great video explaining you got a new subscriber now👌🏿
Gonna try this hopefully all goes well
This man is so smart he knows everything!
Love this video man. Thanks so much
Learned a lot from you bro glad I found your page !
what would you guys advice a non-us citizen, does it work like that with the local shops in EU(smaller towns) ?
awesome video I have a sht load of sneakers that need to sell love the breakdown
This is actually a very good guide
Congrats on the AP
Consignment... use other people's established platform (A resell shop that offers consignment) to liquidate your product quickly. "Work smart, not hard." No consumer will pay him resell shop prices if he was a "meet-up reseller" unless he has clientele that pays MOON lol! I'm a big fan of L.A. Syndicate who explained why it's a gimmicky overall practice. I know it works for Urban Necessities but I know a consigner who had his payouts backed up for about 4 months due to TwoJsKicks wife being the only one to do payroll smh. He eventually got paid though...
Nice one fam! 💯
Great video, thanks for this helpful information
Question, should you focus on one shoe or have a variety? how many pairs should you try to move at first.
In my onest opionion. if u dont take snkeaer reselling too seriusly and it not became a work in terms of hour dedicated every day, make a decent amount of money it's very very difficult in nowdays, except if you're very lucky and u can cop the release of the year that can made you some hundreds of bucks. This release are increasingly rare because, for what i can see, popularity for sneakers is really dropped, today if u wear an appartely very expensive shoes the majority of people will not care about it, they will think you're kicks are fake. (SORRY FOR MY BAD ENGLISH IN MY COUNTRY IM NOT AMERICAN/ENGLISH).
This is good advice if you are in a good area. If you are in Chicago or Florida where they have good outlets this game is possible. I ran my butt off for about a year trying this out but I only have one nike outlet and one champs sports outlet near me and they never ever ever get retros or dunks. Locally on fb it's either fakes or other resellers and you can't get deals. I've spent money on gift cards and lunches for employees at my mall stores and it got me nowhere because there are so many resellers that work for footlocker and jd sports that they already have their own business going so they act like they are gonna help but don't. Anymore it's al.ost impossible for me to even hit a retail release for my personal size on a pair I want. Lol. A few years ago I did well on jordan 1's but the market just has crashed on them. I find that I do better now hitting ross and burlington and marshalls finding good deals on all kinds of different things not just sneakers. You can really find some profitable things at those stores if you do your research. The sneaker game has gotten really really rough lately unless you are in a good area. Thrifting has e en gotten hard. My local goodwill bins has at least 50 to 60 people that are literally fighting each other some times. And the regular thrift stores are now pricing every t shirt that seems like it could be valuable for insane prices. I laughed at my local thrift shop the other day and told the manager you guys are getting seriously out of control trying to sell t shirts that have a rock band or rapper on them that came from kohls or target a year ago as a vintage t for 50 to 100 dollars. It's comical. However the places to really hit hard in the summer are yard sales esp if it's a whole neighborhood doing them at the same time. If you find out when the yard sales are and you get out there early some deals can be had. And if you see an advertisement of fb for yard sales coming that weekend sometimes you can message the people and tell them what you are looking for and I've had luck asking if I can stop by their house on a Thursday or Friday evening and buying bulk items before the sale even starts. Hopefully that helps some of you that watched rhis video if you were not currently doing the yard sale thing. Don't be afraid to try and hit the sales before they even start. Sometimes people really wanna move stuff and you can get really lucky.
I’m from Florida I live 10 minutes from a consignment shop & there shoes are over priced the panda dunks are $380 but StockX sells them for $160 the only problem is if there inventory is too full that’s my problem I could make money but there not taking shit & my fb marketplace keeps telling me I can’t shop on there bc I didn’t follow fb policies this shit is getting out of hand🤣
Two idiots whining instead of looking for a solution is all I see
Nike foot locker employees already have their resellers they call
need a walk through on reselling permit
Remember this only works if you live in the US , im from southamerica and reselling its imposible here , just for the shipping its 40 dollars and theres all the profit , not even to talk about the smaller stock per pairs
And the replicas over there are all over the place so people would rather wear reps than real
Thank god he put this video out after that pink dunk restock. Nike did a huge restock
Thanks for this bro
What do you think about reselling used sneakers after cleaning them?
Great video!!!!
Great vid
YESS G COMMETING FROM SCOTLAND
Did you share flight club payouts from february but show stockx prices at a different month?
Kings Back 👑
When you discuss selling to consignment, who determines the sale price?
Great video great information as usual
Us uk people have barely any consignment shops/platforms
Sneaker invest is so fire
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
@@peterwilliams6361 Hi , please who is the expert assisting you and how do I reach out to them?
@@DailamiPuang The broker I'm in touch with is *ASHLEY AIRAGAHI . I came across her in a Bloomberg interview and got in touch with her. You can use something else. For me, her strategy works hence my result. She provides entry and exit point for the securities I focus on
@@peterwilliams6361 Thanks for sharing, I just looked her up online and I would say she really does have an impressive background on investing
Just put your money in the S&P 500 and just reinvest your dividends. The s&p 500 average 10 percent a year and nobody can be the s&p 500 even professionals can’t beat them and there expenses ratio is only 0.03 percent.
Do you know if restocks is also good enough for cosignment to sell your shoes to?
Can you recommend a consignment contract example?
But what do you do if you don’t have access to consign to shops for inflated prices ?
Does consignment work for low stock like 1-2 pairs?
Awesome video
Why would people pay more at consignment stores or sites like stadium goods if stockx is so much cheaper and anyone with a smartphone can access it?
That’s why he’s the GOAT!!
when you show pics of selling for a lot more, like 100$ more, do you just go to a store and offer them to buy that shoe? how does that transactiom work? thanks
my tutor is back ^^
How do you know if shoes are authentic on places like Facebook Marketplace and offer up? Love you video
10$ profit that's outrageous Imagine if resellers actually stop undercutting each other 🎉
Great video! I made a video about this in 2018 and happy to see it still working!!
theres this facebook seller whose selling 3 Concord J1 Lows sizes 10-11. 1 Cherry Jordan 11 size 10 and a UCLA Dunk, some pandas. I'm tryna cop all of em at a good price to sell at a consignment shop lol.
It's $600 to buy Jordan 4 Thunder taxes anf=d fees included. I think think tooo many people are buy shoes on that platform
Quality video! Thanks for breaking everything down in detail. 🙏
Does anybody know how to determine the sizes you want to resell? Like is there a more dominant market in certain sizes?
What size should I be looking at
Do you know any consignments in Europe ?
where can u sell your sneakers if i don’t have any consignment shops near u ??
My question is why are the people selling brand new shoes for less than they just bought them for? If they arent selling for profit then why do they sell them? Why wouldnt they want a brand new shoe they just bought?
Crazy Good Video!!!
How do you get an idea whether shoes on Facebook Marketplace are fake or not?
do you guys know any consignment stores in central europe? ty for video
Instead of building outlet relationships a lot of cook croups have Nike outlet monitors and tells you what they got in
yes, but usually pairs from outlet monitors are backdoored to workers, or workers give info to their guys, so its still hard to get something from monitors
what are the cookgroup that have nike outlet monitors in asia ?
Hi, I'm in Asia what advice can you give if I buy in USA to sell in asia? Thanks
what do you use to sell?
My Nike outlet had Military Black PS (with 20% off) today. Asked an employee who I've been friendly with the past year or so, how many I could buy...he limited me to one pair. I'm still mad about it 🤦🏻♂️😂
Yooo that’s cold
Cmon bro you needed to just get a friend or family member to go in there and buy it for you (with your own money of course)
@terror1974 yea been doing that for years, that wasn't the point of my comment tho
He shouldnt be able to linit you
Can I really trust platforms like fb market and offer up that don't have a 2nd party verification process? Have you had any problems with reps?
Steven Segal of Reselling. 🐐
Ware do u get all the pairs n bulk
How to get a supplier from china for bulk nike shoes?
We need a part 2
How do you make sure pairs are real in fb marketplace
So what if there is no consignment shop you trust
What is consigning?
How can I get a reselling permit If I live in the Baltics?
Facebook market place is filled with reps. I often see new mens size jordans for $140. Big red flag, no one would sell them that cheap unless theyre used or fake.
Yeah I stay in Los Angeles & the Reps to Authentic ratio is crazy, gotta legit have them checked or get burnt sadly
@@Officia1PTG and here I am, unable to sell it even if it’s authentic and unworn lmao
This youtuber is one of those guys bruh lmao, he buys fake shoes from DHGate
Not true. My wife works at Nike and gets shoes for free sometimes . If it's all profit I sell some for that price . But I only use eBay authentication to assure the customer they are real shoes
Yea bro I had the same exact question when I watched this. I found loads of shoes underpriced and I could sell for higher just by looking, but there is no way to know if any of the shoe listed are real or fake. How do you even go about from there
I really, really understand what you are saying, but what about Europe? The only option is to move to US? Because with my experience there are no consignments shops here.
facts
Open one
Europe is fundamentaly a different market than US. Lot of sneakers that are selling good in US are not selling good in EU.
you should not move to another country to just sell sneakers bro
what are some consignment shops in seattle
i’d do this but last time i tried my sneaker store lied to me and gave me $220 for carbons they sold for $400 + and it took so long for them to give me the money
Fr ?
I am under 18 and from Germany so i Cant do cosigment no matter what, so Where or how schoul i sell my shoes
How do you know the sneakers your purchasing on marketplace are authentic?
You just have to learn how to legit check, can’t really trust apps or anything these days
Like the idea of buying from stock x to sell consignment, my concern is stock x has sold fakes, what happens then?
nothing, a lot of stores sell fakes without knowing especially clothing
what can i do for UK reselling tho?
When you were younger where did you sell?
hey, but can you make a guide for legit checking? Cuz sometimes you might get scammed and you wont even know it
What do suggest if my local consignment is no longer selling well for me. The issue is they lost their spot at the mall due to DTLR expanding. Another shop came in but they don't take consignment. Now the original shop is back but located on the outside of the mall and I believe the other shop now commands the local customers.
I suggest you talk to the owner of the new shop and explain to him or her on how they can literally make money without spending a dime by taking you in as a consigner
If only Eu had these consignment sites like stadium goods or flight club...
I have a question, is it worth it to ship outside your country for consignment? In croatia we dont have any consignment stores
Hey, do you want to connect? I may have an opportunity to discuss with you. Thanks!
But how do i do this in the eu?
What happened to the classic holds
cant do that rn (market is shit)
What if you don't trust the only close consigner?
🤦
What shoes do I start looking for if I’m beginning? Like dunk or Jordan’s or what? Like which shoe is people looking for mostly?
What about taxes?
What’s consignment