Being unemployed sucks. I’ve been in that situation before. You need to find a way to make some money (legal) pretty fast. One way to that you can make money while unemployed is to sell items on eBay. It’s something that I’ve been doing the last three years consistently. Today, I want to share with you a few tips that will help you sell shoes on eBay.
There are hundreds of types of shoes out there. You have different brands and styles. I’ve had a lot of success selling Nike shoes, especially Air Jordan’s and Air Max’s. You may be wondering how you find out if a shoe will sell or not. Research is the key.
I use eBay’s site to help me with my research. For example, if I’m interested in selling a pair of Air Jordan 5’s, I type that info into the eBay search bar. I also include the color. Once the results show up, I move the computer cursor to the left. There is a section over there that says “show only.” You will then see a box that says “sold listings.” Once you do that, you will be able to see which shoes sold that were similar to yours. You also can see how much they sold for. Then you can decide whether you want to sell you shoes using a traditional auction or using the buy it now feature. I sell my shoes as buy it now items. I set my price and promote the things. My buy it now items have an option on there where a buyer can send you an offer for the shoes. If the offer is right, I accept it. If it’s super cheap, I don’t.
When I first started selling shoes, I sold some of my old pairs. Back in the day, I was a sneakerhead (a person who loves sneakers). I sold about 4 of my old Jordan’s within a couple of months. They all sold for over $50. One was even falling apart, and it still sold. There are people out there that will restore shoes and either wear them or re-sell them.
If you don’t have any old Jordan’s, there is a way that you can find some. Most Saturday’s I go to thrift stores to see what items they have that week. You’d be surprised at how many pair of Jordan’s that I’ve seen. Since you may be unemployed, I know that the money is tight, but you must put a little aside for thrifting. I’ve purchased shoes for $12-$15 that I’ve been able to flip for over $100. That is a smart investment. You should also add the free eBay app to your phone. That way you will be able to see what the shoes are selling for while you are in the store. That way you will be able to see if they are worth buying or not. Since the shoes in the thrift shop are used, my rule of thumb is to pay no more than $17. Unless they look brand new and I know I could make over $150, there is no way that I’m paying over that amount. Remember you are shopping at a thrift store.
Have you ever sold shoes on eBay?
Join our newsletter
Subscribe to get the latest "Engineer Your Finances" content via email.