👟Luke Frazier is one of the founders and owners of a sneaker reselling business.
💰Luke and his team frequently negotiate deals and buy sneakers at wholesale prices.
🔥They visit stores and websites to find rare and limited-edition sneakers that are in high demand.
📈Luke talks about the resell value of certain sneakers and the potential profits they can make.
😎Luke shares his excitement about his new store opening in Chicago and reflects on his journey as a sneaker reseller.
How do sneaker resellers make money?
—Sneaker resellers make money by buying sneakers at retail or wholesale prices and then reselling them at a higher price, taking advantage of their limited availability and high demand.
What are some popular sneaker brands and models?
—Some popular sneaker brands include Nike, Adidas, and Jordan. Popular models include the Air Jordan, Nike Air Max, and Adidas Yeezy.
Is sneaker reselling legal?
—Yes, sneaker reselling is legal. However, it's important to follow the terms and conditions of the retailers and marketplaces where you buy and sell sneakers.
What challenges do sneaker resellers face?
—Sneaker resellers face challenges such as competition, limited availability of sought-after sneakers, and the risk of counterfeit products. It requires knowledge, research, and connections to be successful in the industry.
Can anyone become a sneaker reseller?
—Anyone can become a sneaker reseller, but it requires a passion for sneakers, knowledge of the market, and the ability to spot trends and anticipate demand.
00:02Luke Frazier is one of the founders and owners of a sneaker reselling business.
01:13Luke talks about the resell value of certain sneakers and the potential profits they can make.
12:43Luke reflects on his journey as a sneaker reseller and shares his excitement about his new store opening in Chicago.
18:34Luke and his team visit stores and websites to find rare and limited-edition sneakers that are in high demand.
19:58Luke negotiates deals and buys sneakers at wholesale prices.
21:13Luke visits a sneaker store and talks about the inclusive environment they aim to create.
