Phew, you've copped those sick shoes, ps5s or gpus... now where do you sell them?
There are many aspects of selling. The goal here is to obviously profit, however you can choose to do this right away, after receiving or hold the shoe and sell late. We'll dive into that below.
To begin with, there are afew platforms you can sell on. The platforms are listed below from most profitable to least.
Local Marketplaces - 0 Fees - Requires Meetups or Shipping
Ebay - 0 Fees on Sneakers - Requires shipping costs
Stockx - Seller Fees (account dependent) - Shipping included
Goat - Seller Fees (account dependent) - Shipping included
There are afew local Facebook groups for reselling:
Canada Sneaker Xchange
Toronto Shoe Exchange
Vancouver Island Sneaker Community
Sneaker Market Canada
These Facebook groups help with posting bulk sales, or any WTS items. These groups are perfect for finding buyers or sellers for items because they are so concentrated with users that are always buying and selling. Moving items here usually happens quick, in my experience in afew hours you should have a buyer looking to purchase.
Kijiji & FB Marketplace in general are good places to sell, be careful for time wasters and scammers. You can list items here for free, and meet up with your buyer to sell items. I would personally use the Facebook marketplaces & groups over kijiji.
Can post bulk WTS
Easy to find buyers / sellers
Time Wasters / Flakers
Need to meet in person
Shipping costs not covered
Need to negotiate
Ebay allows Free sneaker authentication over a selling price of $100 CAD. Simply list your items on the platform, they will automatically be listed under authenticity guaranteed if meeting the selling criteria. Once you have sold the item you will have the allotted time to ship to the authentication warehouse.
It's pretty simply, and low risk since the shoes get authenticated by ebay so theres low risk with buyers charging back, or issues after selling.
This is a HUGE advantage to ebay, you are able to presell your items upon purchase. This will allow you to gain the highest sell price and the most profits without the item in hand. I would definitely recommend doing this right away and then posting locally / stockx after its in hand.
Preselling an item on ebay is simple. List your item but change the handling time to 30 days or whatever you think it will take for you to get the item and ship it out.
Stockx and goat are very similar platforms. Advantages to using stockx over goat include CAD payout, which means you wont have to convert USD to CAD and potentially lose more money on conversion fees. Goat is mainly for USA sellers.
Stockx charges fees on every order. Your seller level determines how much % in fees you pay on each sale. Fees can determine if you profit or not, so be sure to read this before listing your item!
Find your item on stockx / goat
Select your size
You can choose to sell now (highest bid) or place an ask for your selling price
View the total payout minus account fees and payment processing.
Once your items sold on stockx / goat, you will be emailed a confirmation
Visit your account tab and select selling
Select pending on the top tab
You choose to print your shipping label
Print the label and tape this on the outside of your box
Print the invoice papers, include these IN the shoe box.
Drop off parcel at UPS and wait for tracking to update
Gpus typically sell best locally. List these on facebook marketplace and Kijiji. You will have people calling you scalpers, just ignore and find a real buyer.
These sell best on facebook marketplace and Stockx. I would always recommend local > stockx for more profit. Additionally there are alot of bulk buyers located in USA if you have connections to any there.
Shoes sell best Local > Ebay > Stockx. I highly recommend trying out Ebays new system as the profit margins are MUCH higher. Good listings with accurate information help your items sell the quickest. You should be prepared to list on Ebay asap for highest profits. If you are having a tough time selling on ebay, list on stockx.
List this as a preorder / Confirmed order on Ebay and set handling time to 30 days.
Optionally list on facebook groups in one of the pinned mass wtb / wts posts for the shoe