1. Background and Introduction
Can you tell us a bit about yourself and how you got into shoe reselling?
What inspired you to start reselling shoes, and when did you first realize this was a profitable business?
2. Business Model
How does your shoe reselling business operate? Can you walk us through the process from sourcing to selling?
What platforms do you use to sell your shoes (e.g., StockX, GOAT, eBay, social media)?
How do you decide which shoes to invest in? What factors make a pair of shoes worth reselling?
3. Sourcing and Inventory
Where do you typically source your shoes from (e.g., retail stores, online drops, private sellers)?
How do you ensure the authenticity of the shoes you resell?
What challenges do you face in acquiring limited-edition or high-demand sneakers?
4. Pricing and Profit Margins
How do you determine the resale price of a shoe?
What’s the typical profit margin you aim for when reselling a pair of shoes?
How do market trends and demand affect the prices of shoes in the reselling industry?
5. Challenges and Competition
What are some of the biggest challenges you face in the reselling market?
How do you stay ahead of competitors in such a fast-paced industry?
Have you faced any difficulties with bots or competition in getting highly sought-after drops?
6. Marketing and Branding
How do you market your business and build a brand around your shoe reselling venture?
What role do social media and influencer partnerships play in your reselling strategy?
How do you build trust with buyers in such a competitive space?
7. Trends and Predictions
What are the current trends in sneaker culture and reselling that you are capitalizing on?
How do you think the shoe reselling market will evolve in the next 3-5 years?
What’s your view on the future of sneaker collaborations with celebrities and brands?
8. Advice and Lessons
What advice would you give to someone who is just starting out in the shoe reselling business?
Can you share a lesson or a mistake you learned the hard way in the reselling business?
What qualities do you think are essential for being successful in shoe reselling?
9. Future Goals
What’s next for your shoe reselling business? Are you looking to scale or diversify?
Do you have any plans to open a physical store, or will you continue to focus solely on online sales?
Where do you see your business in the next five years?