'Flipping' Sneakers Is Highly Profitable

Jul 4, 2012
Originally published on July 4, 2012 5:00 am

Maybe you won't pay several hundred dollars for a pair of sneakers, but there are a lot of people who will — providing they are the right sneakers. The demand for certain models has spawned a robust market for re-sellers — people who buy up the available supply and re-sell them for a profit.