Nike Models To Resell Them : Buying limited edition Nike sneaker models to resell them later has become an interesting way to set up a small home business.
Reselling various products is the preferred home business for some entrepreneurs to get extra money at the end of the month without much effort. And, in this fashion, Nike shoes are one of the most lucrative markets, where there are already real professionals dedicated to the business.
The procedure to succeed with this home business is simple. It is enough to acquire the most exclusive Nike shoe models, especially their limited editions, and wait a while to resell them for a higher price than the purchase price. Simple mathematics can leave a lucrative reward in the accounts of entrepreneurs.
This is the case of Julihan Mitchell , a Venezuelan living in Spain who has spent some time dedicating himself to the business of reselling shoes outside of his working hours as a barber. With the resale of shoes, he earns an average of 300 euros a month although, “if you’re lucky, a single pair of shoes can leave you a big profit,” he explains. I bought them for 200 euros and sold them for 600. But I know many cases of people who take thousands of euros out of a single pair”, says Mitchell, who gives an idea of how lucrative this home business can be.
How To Get Started In The Home Business Of Reselling Sneakers?
However, in practice, dedicating yourself to this home business is not so simple. Access to these groups can cost around 30 euros per month, and they are an essential tool to start buying and selling exclusive and limited edition sneakers.
For example, they count the day and time that Nike will launch a limited number of a new model that will not reach stores. From here, the fastest buyers are made with a certain number of units, which are sold out in minutes. Consumers who want to access them must do so at the resale, for a price much higher than what the brand initially establishes.
With this method, some entrepreneurs have managed to obtain hundreds of thousands of euros with a single transaction, although reselling shoes also has its risks. For example, the price of the shoe drops, something that does not usually happen with limited editions but that has sometimes caused losses in the sellers’ accounts. As in any business, it is advisable to invest wisely to avoid exposing yourself too much to risk.
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Reselling sneakers isn’t the only great home business that can earn you a few extra bucks every month. In this “entrepreneurship fever” there are also other ideas that can be very lucrative to obtain an additional benefit working from home.
For example, LEGO figures have become another lucrative market in which to do business. As evidenced by some research, this product presents an annual revaluation of 11%, which means a higher return than gold for large stocks or alternative investments. Without a doubt, a rising market could be an interesting source of income in 2023.
In addition, taking advantage of certain commercial campaigns, such as Christmas, can be another opportunity to start the home business of reselling products, in the midst of the supply crisis caused by the pandemic. In this sense, buying certain products at the beginning of December to resell them more expensive just a few weeks later became a business opportunity for hundreds of people in the United States.
Finally, the boom in resale has pushed some entrepreneurs to go a little further and become professionals. In this case, the figure of Ty Blunt stands out, a 26-year-old entrepreneur who has managed to earn a million dollars a year by buying products on eBay or Mercari and reselling them on Amazon for a higher price. To achieve this, he has developed two digital tools that allow him to compare the prices of certain products in all the electronic stores on the market.
