Ever wake up one morning and think to yourself:
“Jeepers self, if only I could pounce upon a niche site that not only was so popular that sales fly out the doors and down the road, waving merrily as they inflate my bank balance…
… but SO yummy that resales of such items could net me 4983937972 zillion dollars!”
If so, you’ll adore what I have for you today:
Now, I will confess….
I first heard about the insanity of sneaker reselling from James Renouf (who created quite the nifty product about it).
And indeed, he was (and is!) sooo right – there have been sneakers that sold for more than 25K!
So its simply good business that Nike and Adidas are pouncing toe-first into this extremely lucrative niche…. but NOT on their own platform, but instead…..
StockX.
To wit:
“…Set up in 2016 as a ‘Stock Market of Things’, StockX allows people to resell limited-edition, luxury clothing and sneakers. The online marketplace prides itself on “better price transparency,” treating Yeezys and Jordans as if they are tradable commodities.
Drawing inspiration from the way financial stocks are negotiated, sellers list item at their desired ‘ask’ price, then interested parties then submit a ‘highest bid’ based on that valuation and the amount they’re willing to pay. Once a bid and an ask match, the shoes are shipped to StockX’s warehouse, authenticated by a human being and forwarded on to the buyer (all before the platform takes a fee).
“It means people never have to worry if they’re paying a fair price or not and sellers never have to worry about whether they’re getting a fair price,” co-founder and ex-chief exec Josh Luber tells The Drum.
“That’s why the stock market is so efficient, there’s that element of transparency so much liquidity because people feel safe, people feel good about what they’re buying,” he adds. “That’s what we’re doing for consumer goods.”…”
Neat stuff!
And the whole concept of creating a profitable niche site is something you could write about in an effective, efficient blueprint report. You could structure it like so:
Step 1.) Research what items have a collectors market about them
Step 2.) Build a niche site about it
Step 3.) Monetize that niche site via affiliate programs
Resources for the above include:
www.mentalfloss.com/article/80096/22-things-you-owned-90s-are-worth-fortune-today
www.gobankingrates.com/making-money/wealth/geeky-collectibles-might-worth-investment/
www.goodhousekeeping.com/childrens-products/toy-reviews/g3302/most-valuable-toys-from-childhood/
www.nichepursuits.com/how-to-build-niche-website/
www.nichepursuits.com/successful-niche-websites/
smartblogger.com/niche-website/
alphainvestors.com/how-to/find-profitable-niche-affiliate-marketing/
www.the30minuteonlinemarketer.com/how-to-find-affiliate-products/
prosociate.com/how-to-choose-a-niche/
Your takeaway?
There are more ways to make money online than drops of water in the ocean…
… and taking advantage of collectible niches gives you the added benefit of collectormania!
Why not take advantage of that today?
Enjoy!
Get Started Here
You’ll love what you learn… Promise!