The Sneaker Sellers Handbook : 8 Best Verified Reselling Marketplace.

In the fast-paced world of sneaker reselling, enthusiasts are constantly on the lookout for trustworthy Selling platforms that offer a seamless experience to Sneaker Sellers. As we step into 2024, several websites have risen to prominence, each with its own unique features and offerings. In this blog, we’ll dissect the pros and cons of some of the leading sneaker reselling platforms, providing insights to guide your journey through this dynamic marketplace.

Checkout the the below Marketplace liked by Sneaker Sellers.

8. Stadium Goods

They specialize in sneakers and streetwear items that are no longer available at traditional retailers. In many cases these items have sold out immediately upon their general release. These products are consigned to them by trusted Sneaker Sellers. Stadium Goods is the only aftermarket that pre-authenticates its entire inventory, and they guarantee that all of their products are genuine and unworn, unless stated otherwise.

Authentication / Selling Process for Sneaker Sellers : (SHIP, DROP OFF, OR REQUEST PICKUP)

Your first shipping label is free. After that it’s $12 per box and up to 15 items per box. You can drop off your inventory at their Market Center in New York and if you have 50 items or more, you may qualify for pickup anywhere in the continental United States.

Commission / Fees for Sneaker Sellers :

For all footwear sold at or below a $125 listing price, a new flat rate commission fee (the amount Stadium Goods collects from your sale) of $25 will apply. For all other categories, a flat commission rate of $15 will apply for any items sold at or below a $75 listing price. Check more pricing details here.

FAST AND RELIABLE PAYOUTS :

Platform uses Paypal’s Hyperwallet to send you money within 24 hours every time you make a sale.

NOTE : IF YOU ARE A BIG-TIME CONSIGNOR?

You may qualify for: a dedicated account manager; priority intake; market insights on upcoming releases, hot sellers, and more; access to SOURCE, their bulk-buying tool; detailed reports on the best products to sell, and scheduled pickups from anywhere in the continental United States.

Email market@stadiumgoods.com for more info.

7. Flight Club

Fight Club was Established in New York City in 2013, Flight Club revolutionized sneaker retail as the original consignment store for rare shoes. Carrying the latest drops, coveted classics and hard-to-find grails, Flight Club has evolved from a one-stop sneaker destination to a cultural hub for sneaker enthusiasts and novices alike.

With three brick-and-mortar locations in New York City, Los Angeles and Miami, Flight Club remains the premier source for authentic, rare shoes.

Authentication / Selling Process for Sneaker Sellers :

1. Create a submission on sell.flightclub.com for the shoes you want to sell.
2. Once received, they process and verify your sneakers’ authenticity. They then list them across their network of selling channels — including their retail stores, flightclub.com goat.com and the GOAT app.
3. When your shoe sells, you can request a digital payout via PayPal or through a bank transfer on sell.flightclub.com.

Commission / Fees for Sneaker Sellers :

The commission fee is 9.5% plus a $5 seller fee. When you decide to cash out, there is an additional 2.9% cash out fee.

HOW TO GET PAID :

Secure and guaranteed payments are made via bank transfer or PayPal. You can request a payment as soon as the funds are available in your account page on sell.flightclub.com.

The Flight Club BuyBack program pays you out immediately on select styles.

How it works :

1. Select SKU and sizing.

2. BuyBack price will be displayed.

3. Confirm submission and receive your barcode.

4. Head into Flight Club for immediate pay out.

Check out the BuyBack program in detail here.

6. Klekt

Klekt started in 2013 as a European-based marketplace of sneakers, streetwear, and accessories founded by Heiko Lanzke and Marius Obiegala.

NOTE : In order to sell on KLEKT you must hold a permanent residence in either the UK or European Union.

Authentication / Selling Process for Sneaker Sellers :

Step 1 : List your Items on Platform
Step 2 : When Your Items gets sold
Step 3 : Confirm within 24 hours
Step 4 : Prepare Item to be shipped
Step 5 : Drop your item off at shipping point
Step 6 : Klekt authenticate the item
Step 7 : Buyer receives item and Klekt process payment to seller

You can list deadstock sneakers, streetwear and accessories on KLEKT. You can only list used sneakers on KLEKT for the moment but this may be subject to change. The criteria for deadstock and used sneakers are different, so please read carefully to ensure you do not make any mistakes.

Commission / Fees for Sneaker Sellers :

Fixed 18% for Non-Members.

For Members there is a program called Super Seller Programme find the benefits below :

• Minimum 30 completed sales per month for the past 3 months
• 80% sales completion rate (e.g. for every 10 sales at least 8 must successfully go through). 
  Order declines, authentication failure (defective, wrong size, wrong SKU, fake)
• All items shipped to KLEKT within 48 hours (2 working days) 
• Membership in the Programme will be reviewed monthly based on sales, completion rates, and shipping times 

Exclusive member benefits :

• Cash back will be paid within the first week of the following month once all completed orders from the previous month have been authenticated by the KLEKT team. All payments will be made in €EUR only to your connected PayPal account. See amounts below:
  €250 = €10 cashback
  €350 = €15 cashback
  €500 = €20 cashback
• VIP priority support
  Dedicated WhatsApp number for support 9am-5pm weekdays
  General queries about your sales
• Bulk shipping service – you will have a dedicated email to request a shipping label to send multiple boxes at once
• Guaranteed payment within 24 hours – once the item has been authenticated by KLEKT
• Secure storage of your inventory monitored by CCTV if requested and discussed on a case by case basis
• Consignment service to be discussed on a case by case basis and dependent type and quantity of inventory
• Monthly emails with a summary of your sales and trending buyer searches on the website

HOW TO GET PAID :

In order to receive your payout, you must have a Hyperwallet account, activated and verified through your KLEKT account. Please be aware that the seller must be 18 or over years old. You also may be required to provide identification to Hyperwallet.

5. PoshMark

Poshmark started in 2011 is a leading social marketplace for new and secondhand style for men, women, kids, pets, home, and more. They Recently closed their operation worldwide to provide better service in Currently 2 Countries which is USA and Canada.

Authentication / Selling Process for Sneaker Sellers :

Step 1 : List it
Step 2 : Share it
Step 3 : Earn

What you get :

• Free pre-paid shipping label.
• Free credit card processing.
• Customer support and Posh Protect – seller protection program.
• Sales tax is automatically calculated, collected, and remitted to the state on your behalf.

Please Note, your earnings are based on the listing price and actual earnings will vary based on the final order price, seller discounts, and any other applicable taxes and discounts.

Commission / Fees for sneaker Sellers :

All fees are simple and straightforward:

• It’s always free to list an item for sale on Poshmark.
• After your item sells, they deduct a small fee from the final order price. For sales under $15, the fee is a flat rate of $2.95. For sales above $15, the fee is 20% and you keep 80%.

HOW TO GET PAID :

Getting Paid When the item is accepted. Once the buyer receives your package and has accepted the item, your earnings will be automatically deposited into your Poshmark account. Buyers have up to three days to accept the item and after that, the funds are automatically released to the Sneaker sellers.

4. Ebay

Ebay was founded as AuctionWeb in California on September 3, 1995, by French-born Iranian-American computer programmer Pierre Omidyar as a hobby to make some extra money. One of the first items sold on AuctionWeb was a broken laser pointer for $14.83. Now Ebay is one of the leading marketplace for Sneaker Sellers as well as selling different products on the Platform.

Authentication / Selling Process for Sneaker Sellers :

For Individual Sneaker Sellers :

Step 1 : List your item
Step 2 : Ship
Step 3 : Earn

You can also opt to Open your eBay Store find steps below :

Step 1 : Register as a Sneaker sellers
Register and confirm that your contact information is accurate and that you have a credit card on file.

Step 2 : Choose your eBay Stores subscription
Select the subscription level that fits your needs. Choose a Store name, and keep in mind that the name you choose determines your Store’s web address.

Step 3 : Start enjoying your exclusive benefits
Get the most out of your Stores subscription. Start by customizing your Store’s home page, then utilize all the powerful tools to help maximize your sales, order your free eBay-branded shipping supplies, and so much more.

Commission Fees for Sneaker Sellers :

For most casual sellers, it’s free to list on eBay. Once your item sells, they generally charge 10-15% of the final value. Your first 250 listings each month are free and, after, there’s a $0.35 insertion fee per listing. Category exclusions apply.

If your item sells, eBay keeps a portion of the sale. This final value fee for most categories is 13.25% of the sale price or lower, plus $0.30 per order.

HOW TO GET PAID :

When you sell on eBay, you get paid directly to your bank account. Payouts are simple and secure. As a Sneaker sellers, you can streamline operations with access to everything you need all in one place—consolidated fees, customizable reports, refunds and returns, shipping labels, simplified protections, and if applicable, tax documentation (Form 1099Ks).

Check out more details here.

3. Grailed

The company was founded in 2013 and is based in New York. In October 2022, Grailed was acquired by GOAT. Grailed offers Curated sales like the Grailed 100 this what sets Grailed apart from other competitor sites. These hand-picked collections educate users on the background and history of seminal pieces from iconic brands in streetwear and high fashion, plus offer the rare chance to purchase hard-to-find kicks.

Authentication / Selling Process for Sneaker Sellers :

Grailed takes an end-to-end approach to authentication.

They assess listings before they hit the feed using a combination of human review (for items that Grailed determines to be high-risk) and machine moderation (for other items). Some of Grailed’s trusted partners are also vetted by their authentication team to confirm their items meet Grailed’s standards.

Sneaker Sellers are rated on a 5-Star Scale as below :

• How quickly they responded and how fast they shipped
• The accuracy of the item “as described”
• The item’s cleanliness and packaging

Recommended Sneaker Sellers Profile Traits to sell more:

• Good Feedback rating
• High Reviews
• Transaction history
• Number of listings
• Community followers
• Seller badges

Commission / Fees for Sneaker Sellers :

Free to List as a Sneaker Seller. Sellers only pay a 9% commission fee on any item sold.

In addition to the commission fee, there is a payment processing fee for transactions made with Grailed Payments or PayPal.

The payment processing fees are as follows :

For US domestic payments, there is a payment processing fee of 3.49% + .49 USD.

For international payments, there is a payment processing fee of 4.99% + .49 USD.

Please note that for international payments processed through PayPal, the payment processing fee may vary based on the location of the buyer’s PayPal billing address. Check PayPal’s Help Center for more information.

HOW TO GET PAID :

Grailed will release the funds to your bank or PayPal account within 3 days of when the item is shown as delivered (barring certain circumstances, like if the buyer reports an issue). 

Once released, it can take 2-3 business days (not including weekends or holidays) for your payment to be processed by your financial institution. You will be informed on the status of your payout. Please note that international sellers who use Stripe can expect to be paid out within 10 business days from date of delivery.

2. Goat

GOAT is an American online platform offering sneakers, luxury apparel and accessories through primary and resale markets. Founded in 2015, GOAT has 50 million members and 1,000,000 sellers across 170 countries on its platform.

Authentication / Selling Process for Sneaker Sellers :

To ensure quality and authentic items, Goat only allow a selected group of Sneaker sellers. It is encouraged to request to become a Sneaker sellers by filling out the required information. They’ll notify as soon as your request has been approved.

After your seller account is approved, you can start Selling using Sell tab to submit your items for sale. Start by searching for the SKU, which can be found on the box or inside the item, enter the condition, price and take the required photos. Sellers submitting items that are used or new with defects or who have a seller rating below 100 may be required to take photos.

Sneaker Sellers are required to send their items to Goat for verification by their specialists. Depending on where you are located, the package will be directed to one of their global facilities.

Once your items have been verified, They will deposit your earnings to your account for cash out and ship the items to the buyer.

Commission Fees for Sneaker Sellers :

All fees are listed in U.S. Dollars, unless otherwise stated.

Please note: Your seller fee depends on your location and the address associated with your account. Submitting items for sale from outside of the United States is only available to select Sneaker sellers at this time.

• United States: $5
• Australia: $8
• Canada: $5
• France: $6
• Germany: $5
• Hong Kong: $10
• Italy: $8
• Japan: $10
• United Kingdom: $5
• Other: $30
  Check their Country wise List here.

Only when an item is purchased, a commission fee is charged. The amount of the commission fee is 9.5% + seller fee. The commission fee will be deducted from the listing price.

Cancellations on orders will lead to a higher commission fee. All sellers begin with a seller rating of 90 and the minimum commission fee of 9.5% + the seller fee.

For each seller cancellation, 10 points will be deducted from the seller rating. For each successful sale, 2 points will be added to the seller rating.

Seller ratings and their associated fees are as follows:

• Seller rating of 90 or above: 9.5% commission fee + seller fee
• Seller rating between 70-89: 15% commission fee + seller fee
• Seller rating between 50-69: 20% commission fee + seller fee
• Seller rating below 50: 25% commission fee + seller fee

In addition to a 25% commission and seller fee, those with a rating below 50 may be subject to an account review that could result in a suspension from submitting items for sale on GOAT.

If you are a seller with a seller rating below 90, you can decrease your commission fee to the minimum of 9.5% + the seller fee with successful sales (i.e., confirming and shipping authentic items on time).

HOW TO GET PAID :

You can get Paid through ACH or Paypal. When earnings are deposited through ACH direct deposit or PayPal, a 2.9% cash out fee will be applied. During promotional campaigns (e.g. free ACH direct deposits), GOAT may elect to reduce the cost of the cash out fee or waive it altogether. Sellers may cash out if their total earnings are greater than $25.

1. StockX

Stockx is the most Popular ReSelling Portal started in 2016. What started off purely as a sneaker portal sourcing data from eBay (originally named Campless, started by Detroit-based Josh and Matt Luber) has evolved into a marketplace for Supreme clothing, accessories, handbags and more..

Authentication / Selling Process for Sneaker Sellers :

Step 1 : Sign Up & Sell
Step 2 : Create Smarter Listings
Step 3 : Ship Us Your Sold Items
Step 4 : Get Paid

You can Control How you Sell. You will get 2 options either place an Ask or Sell Now.

An Ask lets you select the price you’d like to sell your item for. If you have the lowest Ask, Buyers who place a matching Bid will automatically Buy from you. Looking for a faster solution? Select “Sell Now” on the product page to sell your item on the spot to the highest Bid.

Commission Fees for Sneaker Sellers :

Whether you’re reselling a new purchase, growing a business, or creating a side-hustle, Stockx have developed an intelligent, global marketplace that works for anyone, anywhere.

There are Total 5 Levels of Selling where Transaction fees differs according to Level.
Level 1 – Transaction fee 9%
Level 2 – Transaction fee 8.5%
and more….
For Fees Structure and Benefits Refer this Link.

HOW TO GET PAID :

While you can choose to receive your payout in one of the four ways, (PayPal, electronic ACH transfer to your bank account, Venmo, or debit), prepaid cards of any kind are not supported. 

If you are a Seller outside the US, you can choose to receive your payout via PayPal, and depending on where you live, bank transfer payout methods may be available as well. Please note that payouts will be issued in the currency selected on your StockX account unless you choose otherwise when setting up or updating your payout information.

To ensure the best experience possible, you double check all information entered for your payout to verify it is correct.

For more details check out the Link.

Frequently Asked Questions :

Final Conclusion.

In the diverse landscape of sneaker reselling, choosing the right platform for Sellers depends on your preferences, priorities, and the specific sneakers you’re selling along with Fees. Whether you prioritize market transparency, authentication procedures, or a strong sense of community, understanding the strengths and weaknesses of each platform is essential.

Merry Christmas and Happy Sneaker Hunting!!