The sneaker resell market has been a booming market globally, with its ups and downs it is still one of the interesting sectors in sneaker economics.
Still on the rise, the global sneaker resale market is currently valued at $6 billion according to data provided by StockX (an online marketplace for buying and selling sneakers & streetwear).
So what keeps the resell market alive? / drives the hype? Well, it all comes down to keeping supply below demand. Time and time again Sportswear giants like adidas and Nike release exclusive/limited sneakers predominantly with collaborators like Kanye West, Virgil Abloh, as well as the retro models. The link of the sneakers being released in limited quantities plus the hype is what drives the prices higher on the secondary market.
In South Africa, the sneaker resell market exists and has been around for years, and with a platform like Sneaker Exchange in the circle, it has unified buyers and resellers, paving the way for resellers to initiate relationships with consumers.
Fast forward to today and the secondary sneaker market has evolved into one with professionalized online marketplaces, including Sneaker Spaza, Court Order, Lafamilaia, Cape Kickz, and the non-existing/forgotten Soledout. These are some of the well-known platforms in the local sneaker reselling market, catering to different audiences, with competitive secondary prices.
THESE PLATFORMS EXIST BECAUSE:
- there is someone who wants to sell their sneakers but doesn’t know where to go.
- is a form of a business as much as sneaker reselling matter.
- just like any other retailer, some are bringing those rare products that don’t hit the local outlets.
- they assist in making the transaction between buyer & seller easier, knowing that there’s a middle man to make everything go smoothly.
- they are to-go-to platforms besides other norm listing sites where you have to deal with some sort of uncertainty plus with different strangers.
On the other hand, the Counterfeit Market is on blast – this is very puzzling for the ones with no knowledge of the sneaker reselling coz’ they’re are kinda clueless of where to go or who to trust, still trying to avoid being knocked-off!
At the end of it all, online shopping has become a thing and the internet has gone wild – consumers are looking to buy products without worrying that they will be caught up in a scam trap.
So to make you feel at ease, we have rounded up a list of the Best Sneaker Reseller Sites that you should definitely check out next time when you feel like doing a Sneaker shopping spree. See the list below:
Since the launch in 2016, Sneaker Spaza is one of the leading sneaker marketplaces – a sneaker exchange platform that connects consumers and sellers anonymously. This online-only-based marketplace allows users to buy, sell and trade brand new, even used/worn sneakers. Sneaker Spaza sets itself apart from the rest with reasonable prices and the lowest consignment fee. You can browse the marketplace online, for some of the sneakers that you might have missed out on recently.
Started straight from Cape Town, Court Order is a consignment shop, also an online marketplace offering a variety of sneakers, accessories, and streetwear. The consignment-based store is owned by Ahmed Seedat and boasts two physical locations – one in Joburg and another in Cape Town. Its site features a ton of Nike, adidas, and Jordan brand, along with streetwear pieces from Supreme, BAPE, Palace and more.
La Familia Street Culture
You cannot mention sneaker reselling without naming La Familia, founded by Kayde Psiroukis, famed Vato Kayde. He started running the reselling biz from his mom’s house to moving inside a gym space and now La Familia is located in a well-built space which carries rarest & most exclusive sneakers, apparel and accessories. The space also houses a Barbershop, Lounge and a Courtyard area. La Familia lives online, however, also visit their store for some exclusives.
Cape Kickz is the home of all things Hype – offering Sneakers and Streetwear. Founded by Grant Baron, collector /sneakerhead, the platform specializes in importing sneakers not available to the local market but also procurement of the local drops. Their site is filled with a variety of sneakers from YEEZY, Air Jordan, Nike X Off-White and Streetwear brands including Supreme, KITH and more.
Being in the game for over a year now, Sneaker Cartel is a consignment shop, also online marketplace and has quickly become one of the biggest names in Cape Town, run by Rolo Rozay, one of the country’s well-known sneaker connoisseurs. Their premium space houses a variety of sneakers, apparel, accessories, even a lounge for some drinks. Browse their online marketplace for some rare Penny 1s, Speed Turfs and more.
The recently launched Limited Run, also adds to the list of the best reseller sites. The platform so far has some of the recent Air Jordan releases, along with some YEEZY’s and Apparel.