Some say bags are to women what sneakers are to men. Even though there are many women who love sneakers and many men who need bags, this can be analyzed on the aftermarket. Historically, some bags retain their value and increase in value at similar rates as sneakers do.
Of course, this all depends on the quantity of a bag, the hype behind it, and how much the bag is actually selling for. If you can consistently find bags that are selling for more on the aftermarket and buy them for retail price then you’re on your way to making money by reselling bags.
Which bags are these that can be resold for more?
Members of Juiced IO know exactly which bags to put their money in. On a daily basis, the bags channel in Juiced IO’s group is alerted with detailed information about which bags can be profitable to pick up on the aftermarket.
From different colors and styles to different websites, Juiced IO members have exclusive access to information about which bags they can invest in to make money reselling later. Most of the bags posted in Juiced IO can even be botted with high-tier sneaker bots so you can obtain multiples of the same kind of bag if you really believe it to be profitable.
If you’re not already a member of Juiced IO then you’re missing out on easy money you could be making by buying and reselling different kinds of bags.
But what makes these bags profitable compared to other kinds of bags?
People who promote it
Certain celebrities reveal and promote specific bags. When this happens, you can expect a much higher demand to be after those specific bags and for them to resell for more and quickly.
This is where your first bit of research can be done. If you see a celebrity unveiling a new type of bag or promoting something new, it’s almost certain that the item will go up in value on the aftermarket. It’ll give you a good idea of what can be sold for more, especially bags.
Color/style
For people who will be actually buying the bags from you to use, the color and style of that specific matter a lot.
The color determines which outfits it can be worn with and to which events it can be worn.
The style is similar to the color, except for many people the style of a bag can go in and out. If you have a bag that is a style many people are looking for then you can expect it to sell much quicker than a style that is unpopular among the masses.
Limited availability
If a bag is limited in availability then you can expect it to be easier to sell for more money. This goes with almost any item on the aftermarket. Anything that is limited in availability but high in demand has the potential to skyrocket in resale price.
It’s because people will be willing to pay more for something that is harder to get their hands on. Always keep this in mind whether you’re selling bags or anything else. Low supply will equal more money, even if demand isn’t too high.
Looking to start reselling? Sign up now at https://juicedio.com