Brandon Webb is a 19-year-old entrepreneur that started the company Hypluxe. Hypluxe is a sneaker reselling company that aims to resell limited edition shoes to the public. Brandon Webb has been reselling sneaker since he was young and has been taking advantage of a market worth over $1 Billion that also offers profit margins of up to 1000%. Webb’s business targets the release of sneakers that are collaborations between celebrities and big companies like Nike, Adidas, and designer brands. Some popular examples of sneaker collaborations are Addidas and Kanye West’s Yeezy and Nike and Travis Scott’s Air Force One. One instance that Webb has given for his profit margins was his purchase of 100 pairs of Nike x Off White Jordan sneakers. At the time of release, the Nike x Off White sneakers cost $190 and were then sold for $1000 over the original price; this is due to the quantity of Nike x Off White shoes that were released. Due to the minimal supply, the resale price was drastically inflated. But how is Webb able to obtain these shoes if they are so limited? Well, Webb uses a highly developed bot technology that can purchase large quantities of shoes before the stock has run out. While this isn’t the most ethical form of obtaining sneakers, it is very effective for making a profit as even fairly common collaborative sneakers can be sold for a hefty profit.
Brandon Webb has taken his extensive knowledge of sneaker reselling and is now offering a guide on how to make profits that are in the six-figure range. Brandon Webb has advised hundreds of college students and shoe enthusiasts into making thousands a month just by selling shoes as a side job. One thing that is super beneficial about the sneaker reselling market is that it is risk-free, this is because if you are unable to sell a shoe for a profit, you can always return it for free. Brandon Webb is just one example of the vast opportunities that are available in the shoe resale market. Webb’s story is an inspiration because he shows that you can never be too young to make your first six figures.