Getting Started
Sneaker TradingGetting Started with Sneaker Trading
Ready to enter the world of sneaker reselling? This step-by-step guide will take you from complete beginner to completing your first profitable flip in approximately 30-45 days.
Step-by-Step Process
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Set Up Your Accounts (1-2 Days)Create accounts on all major marketplaces:
- StockX - The leading marketplace operating like a stock exchange for sneakers
- GOAT - Another major platform with both new and used options
- eBay - Now offers authentication and zero selling fees on sneakers over $100
- Grailed - Good for fashion-forward and luxury sneakers
Tip: Complete all verification steps and link your payment methods immediately to avoid delays later. -
Download Essential Apps (Same Day)
- SNKRS (Nike) - Essential for limited Nike releases
- Confirmed (Adidas) - Required for Yeezy and limited Adidas drops
- Sole Retriever - For tracking upcoming releases
- J23 - For Jordan release notifications
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Secure Startup Capital (1-7 Days)Allocate $1,000-2,000 for initial inventory. Set up:
- Separate bank account for business transactions
- PayPal Business account
- Cash App and Venmo for local transactions
- Spreadsheet for tracking inventory and expenses
Note: Never use personal emergency funds. This is a business that requires investment capital. -
Join Communities & Research (3-5 Days)
- Follow key Twitter accounts: @SoleLinks, @SneakerNews, @DropsByJay
- Join subreddits: r/sneakers, r/sneakermarket
- Join free Discord servers like SoleLinks and Sneaker Drops
- Subscribe to YouTube channels: Sneaker Talk, Harrison Nevel, Resell University
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Learn Authentication Basics (5-7 Days)
- Download CheckCheck or Legit App for authentication help
- Study authentication guides for popular models (Jordan 1, Dunks, Yeezys)
- Learn about box labels, stitching patterns, and material quality
- Practice with comparison photos between authentic and replica pairs
This knowledge protects your investment and reputation. -
Create Your Release Calendar (1-2 Days)
- Use Sole Retriever or Droplist to build a 30-day release calendar
- Research historical resale performance of upcoming models on StockX
- Identify 3-5 upcoming releases with moderate resale potential ($50-100 profit)
- Focus on "easier" releases rather than hyper-competitive drops
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Prepare For Your First Drop (1 Day Before Release)
- Set up multiple devices with your accounts logged in
- Have payment methods saved and verified
- Research the exact drop time and method (raffle, first-come-first-served)
- Join Discord channels for live drop assistance
- Prepare backup retailers (Foot Locker, Finish Line, boutiques)
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Execute Your First Purchase (Release Day)
- Be online 15-30 minutes before the drop time
- Use multiple devices simultaneously
- Follow drop instructions precisely - speed matters
- Have backup retailers ready if primary attempts fail
- Consider local store raffles and in-person releases
Success rates for beginners are typically 10-20% on limited releases. -
List and Sell Your First Pair (1-2 Days After Receiving)
- Take high-quality photos in natural light
- Check current market prices on StockX and GOAT
- List on multiple platforms simultaneously
- Price competitively for your first sale (prioritize quick turnover)
- Prepare proper shipping materials (double-box, bubble wrap)
First sales typically happen within 1-7 days of listing if priced appropriately. -
Complete the Transaction (1-14 Days)
- Ship promptly after sale (within 24 hours)
- Use platform-recommended shipping methods
- Include all original packaging and accessories
- Wait for authentication process (3-7 days typically)
- Receive payment after successful authentication
From purchase to payment receipt typically takes 30-45 days for your first flip.
Your First Week Action Plan
Day 1-2:
- Create accounts on all platforms
- Download essential apps
- Set up financial tracking
- Join 3 key Discord servers
Day 3-5:
- Complete basic authentication tutorials
- Research upcoming releases
- Build your 30-day release calendar
- Follow key Twitter accounts and enable notifications
Day 6-7:
- Prepare for your first targeted release
- Set up shipping supplies (boxes, tape, bubble wrap)
- Practice using the SNKRS app with a non-hype release
- Connect with 2-3 local resellers through Facebook groups
Week 2 Goal:
- Attempt to purchase your first resellable sneaker
- Continue building knowledge through daily research
- Consider joining a paid cook group if initial attempts fail
- Visit local sneaker boutiques to build relationships
Pro Tip!
Don't get discouraged if you miss your first few drops. The sneaker reselling learning curve is steep, and even experienced resellers typically only succeed on 20-30% of hyped releases. Focus on building your knowledge base while attempting moderately hyped releases rather than the most competitive drops.
Consider investing in a premium cook group ($30-50/month) after your first month if you're serious about scaling. The early information and community support often pays for itself with just one successful release.