Getting Started

Sneaker Trading

Getting 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

  1. 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.
  2. 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
  3. 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.
  4. Join Communities & Research (3-5 Days)
  5. 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.
  6. 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
  7. 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)
  8. 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.
  9. 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.
  10. 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

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