I Made $70,438 in Profit During Holidays! (Reselling Is Back!)

  Рет қаралды 12,904

Sneaker Invest

Sneaker Invest

Күн бұрын

thank for watching!
follow my instagram @sneakerinvest

Пікірлер: 38
@3seosa851
@3seosa851 Ай бұрын
Reselling will never die
@H.LClips
@H.LClips Ай бұрын
🔥🔥🔥🔥
@bloodseedwahdirass2099
@bloodseedwahdirass2099 Ай бұрын
Sneaker reselling is dead for 99% of people, the only people “eating” are people like you and the guys you know who have had skin in the game for many years and have many more connections than your average small town joe only able to get 1 or 2 pairs for retail for each drop lmfao. The profit margins are so tiny that there’s thousands of better investments
@bloodseedwahdirass2099
@bloodseedwahdirass2099 Ай бұрын
I like to think of it like there were 1000 resellers, then it boomed to 100,000. Now it will tank to 100 resellers who basically run a monopoly with massive warehouses and botting all the shoes to skim $2 profit from each pair while the 3rd party (stock x, goat) get 90% of the profit through fees and shipping. So everybody loses in the end. Consumers pay more and only massive companies profit/benefit
@jerryr.6908
@jerryr.6908 Ай бұрын
Got this from the IRS: Under the guidance issued today, TPSOs will be required to report transactions when the amount of total payments for those transactions is more than $5,000 in 2024; more than $2,500 in 2025; and more than $600 in calendar year 2026 and after. I went over 5K on 2024, now I will get a 1099K. Not sure how to deal with this?
@ClapptOut
@ClapptOut Ай бұрын
Bro me neither I’m getting worried for 2026 lmaoo
@Slotmonster1
@Slotmonster1 Ай бұрын
Delete and right into the trash
@XxSpartan617xX
@XxSpartan617xX Ай бұрын
Does the state where you file your taxes have a lower reporting threshold?
@Slotmonster1
@Slotmonster1 Ай бұрын
Throw it right in the trash
@NocnyPastuch
@NocnyPastuch Ай бұрын
Love the content and I respect a lot things you've been doing. I believe however that sourcing high quantity of items is the biggest issue when it comes scalling up your business. Unless you know someone who can provide you with high volume of pairs at a decent price it would be practically impossible to source that many pairs by yourself just searching online or going to stores. Nevertheless, I appreciate you sharing your knowledge and hope it grows even bigger for you ;-)
@bas1353
@bas1353 Ай бұрын
Is there a big difference between selling Europe and selling in the USA? For example on Stockx
@denzel1832
@denzel1832 Ай бұрын
Yes, as a European our opportunity to make profit is a lot less especially since Stockx stopped our ability to sell to the American market
@jeffryadams3666
@jeffryadams3666 Ай бұрын
yh the US has a much larger market, completely different demands/trends, more opportunities for consigning and selling avenues etc etc. UK reseller here.
@bas1353
@bas1353 Ай бұрын
@@denzel1832So whats better than Stockx?
@yuxne4038
@yuxne4038 25 күн бұрын
the difference most of the time is price - ppl in EU pay more as some pairs are rarer. At around 3:00 he mentions the white thunder 4s which he sold for 280-300 payout but most ppl in EU wouldnt sell men sizes for less than 280-300 as well so not quite sure how much of his sales can be applied in EU. Still Stockx flex is available for EU as well and you can always give it a try.
@timsebolt6315
@timsebolt6315 Ай бұрын
Thoughts on POIZON??
@Go1den_K1ckxz
@Go1den_K1ckxz Ай бұрын
How you get white thunders for $230-250 tho
@dakotabell7546
@dakotabell7546 12 күн бұрын
Clothing brands like vale, god speed are gold currently. I can clear 45-60% marginal quick flipping them to my local stores
@FpCarson
@FpCarson Ай бұрын
Where are you buying most of your shoes from?
@H.LClips
@H.LClips Ай бұрын
Grate vid keeep it up
@numb____
@numb____ Ай бұрын
Respect everyone’s hustle But people like you honestly ruined sneaker culture Making a synthetic market for shoes some people actually want ….
@773unique
@773unique Ай бұрын
My grandma said reselling dead 😂😂😂
@TerranceLeverette
@TerranceLeverette Ай бұрын
Am I mistaken didn’t you say you were done selling?
@Solis357
@Solis357 Ай бұрын
why are u reselling?
@XxSpartan617xX
@XxSpartan617xX Ай бұрын
This video is very misleading. You're not sharing/showing the most important information: the price paid for Stockx and the prices on a sneaker consignment sale.
@tntsquad1876
@tntsquad1876 21 күн бұрын
Def is being misleading, mans is barely making an my profit per pair. You have to get lucky on an item selling for higher especially when everyone is trying to do flex now. You better off trying to find older pairs and then it’s hard to scale that as well. He isn’t clicking and showing the sales for items on his app either. For all we know it could be $100 items selling and not $200-500 items. You also might get stuck with things, people aren’t buying or going crazy for things like before.
@XxSpartan617xX
@XxSpartan617xX 20 күн бұрын
@ I agree; I don’t understand why people find it difficult to be transparent.
@RLPerez-un6hv
@RLPerez-un6hv Ай бұрын
12k pairs?.okk
@PSOpwnage
@PSOpwnage Ай бұрын
excellent video
@PoPPiNT
@PoPPiNT Ай бұрын
thanks for the video.
@AzeemDesigners
@AzeemDesigners Ай бұрын
Bro, Your Content is amazing but you are getting less views than expected. This is due to your bad Thumbnails. I can help you with that.
@1LastWarning.
@1LastWarning. Ай бұрын
Let me the first person to tell you he didn’t sell 13,000 pairs in the month of December. Bring into a conversation with you so I can expose you. Stop giving your audience the idea as if this is suppose to be easy
@sneakerinvest
@sneakerinvest Ай бұрын
Did you not watch the video? It’s collectively under my software for Sneaker Consign
@FpCarson
@FpCarson Ай бұрын
He said it’s not his sales that’s the whole platform
@studentofthegame2
@studentofthegame2 Ай бұрын
LFG!
@lennertmw
@lennertmw Ай бұрын
Sick 💯🤌🏽 I definitely didn’t expect the holiday boom this time cuz of the current market (EU based btw)
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