Step aside McMansions and split-level ranches, there’s a new kind of “flipping” in town, and it doesn’t involve picking out kitchen tile.
That’s right, we’re talking about flipping sneakers! In the past few years, sport shoe enthusiasts have taken to reselling certain styles, sometimes for massive profits.
Thanks to countless brands, unlimited colorways, and special edition sneaker releases happening on an almost monthly basis, there’s enough demand for dope sneakers to allow some of these fans to turn their passion for kicks into a full time job. Just ask this guy:
But let’s not get ahead of ourselves. Before you can start reselling sneakers, you’ve got to know the ins and outs of the business, including how to get top dollar for your latest haul.
Lace Kings is dedicated to helping sneakerheads stay fly by offering the only shoelaces worthy of touching your Nike Air Max 95s or Adidas Yeezy Boost 350s. Keep reading to learn more about which sneakers have the best resale value as well as how to enhance your collection with our selection of flat, oval, and rope shoelaces.
Like any commodity, the price your fashionable sneakers fetch on the open market depends entirely on supply and demand. Some sneaker resale pros create their own demand by scoping a full-size run and cleaning the store out, while others lay low, waiting for their chance to buy the holy grail of sneakers and flip it for 5x the retail price.
A quick scan of a recent report by Hypebeast shows that when it comes to reselling sneakers, Nike dominates the market. Close seconds include Adidas, Asics, Reebok, and Under Armor (and don’t even get us started on luxury sneaker brands).
Check out these deadstock values from the past 12 months:
Although most of these are recent releases, don’t discount the value of retro or reissue sneakers as well. People who weren’t able to get their hands on a beloved sneaker the first time around are often just waiting for you to take their money on round two. So now you’re probably wondering...
It just so happens that someone created a website for that. Kicksworth.com has a handy online calculator that you can use to enter the details of your sneakers, as well as the box, and see what you might be able to get for them. Totally legit.
Once you know what your sneakers are worth, it’s time to put those babies out there on the open market to see if they can fly. You’re probably thinkin’ Craigslist, right? Wrong. Don’t waste your time with lurkers and looky-lous when you can sell those sneakers to serious aficionados.
Sites like Flight Club, Stadium Goods, and Sole Supremacy are where the big boys and girls go to buy and sell kicks. But wait! Before you put those designer shoes up for sale, why not sweeten the deal?
Hook up your sneakers’ future owner with a couple pairs of alternate shoelaces from Lace Kings! We’ve got flat shoelaces, oval shoelaces, and even the rope shoelaces everyone wants in fresh colors that compliment every colorway. And each and every pair comes safely nestled in its own collectible tube of happiness.What are you waiting for? Shop for new sneaker shoelaces now.