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Sneakerhead who made $350,000 reveals how to make money at Sneaker Con - Business Insider

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A sneakerhead who has been to over 20 Sneaker Cons reveals his top 6 secrets for making the most money at a resale event

, which bills itself as "the greatest sneaker show on earth," draws thousands of sneaker buyers and sellers to its events, which occur multiple times a year in different locations around the world.

Sneaker reseller Jeremiah Jiang said he made $350,000 in sales reselling sneakers last year. He told Business Insider that going to events like Sneaker Con helps him bring in an average profit of over $2,500 in just one to two days. It's an important part of his strategy for succeeding in the industry, which a recent Cowen & Co.

"People at Sneaker Con, they're very lenient with their prices," Jiang said. Offering to pay the listed price is generally a mistake that Jiang sees more novice resellers make.2. When selling, never take the first offerThe rule is the same when it comes to buying and selling. You should never take the first offer."Have confidence in your shoes," Jiang said."If you know that a shoe is going to sell for more, don't take the first offer you get.

 

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Interesting business model.

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