How To Ensure Your High Heels Have A High Resale Value

Luxury shoes are more than just a pretty status symbol, they’re an investment. Depending on the condition, retail price and demand of the item, you can receive a good return on your investment if you're ready to let go of them. Wondering how to ensure that your shoes have a high resale value? Keep reading!

ALSO SEE: HOW TO ENSURE YOUR BAG HAS A HIGH RESALE VALUE

Invest In The Right Brands

Invest in brands that are not only an investment in your wardrobe but also in your wallet, so make sure you choose brands with a good return on investment.

According to our most recent study of the African Market Report, the top 6 shoe brands with the best resale value are Louis Vuitton, Gucci, Burberry, Hermès, Tom Ford, and Christian Louboutin. Yes, these premium brands come with premium prices, but these shoes are well worth it in the long run (excuse the pun).

If you’re not sure which models to go with, it’s always best to start with the brand’s most well-known and iconic pieces. For example, Louboutin’s red-bottom Pigalle heels, Valentino’s rockstud heels, and YSL’s Tribute sandals are all iconic pieces that may reward you with a good ROI.

ALSO SEE:  TOP 6 DESIGNER SHOES TO START OFF YOUR LUXURY COLLECTION

THE 5 BEST LUXURY DESIGNER SHOES TO INVEST IN

Rare & Collectable Items

The only thing better than classic items is rare, limited edition items. The scarcity makes these already coveted items even more desirable, especially to diehard designer collectors. Whether they're made in exclusive quantities, customised or created for a popular collaboration with well-known designers or artists, these shoes tend to have a high resale value at pre-owned markets and even auctions.

Maintain The Condition of Your Designer Shoes

Whether you plan on reselling your designer shoes or even just keeping them all to yourself, maintaining the condition of your designer shoes is of utmost importance. Dilapidated designer shoes are sad and decrease their value tremendously. Regularly wipe your shoes down, pamper them with a professional cleaning seasonally and condition your leather shoes to keep the leather super-supple and prevent pesky cracks.

ALSO SEE: HOW TO TAKE CARE OF YOUR DESIGNER SHOES

Proper care includes proper storage too. Where you choose to store your precious designer shoes is essential to keep them protected from scratching, fading and other damages. If you don’t have proper storage units, keep your shoe boxes and use your dust bags, for added measure.

Do Your Research

Just because you love an item, does not necessarily indicate its value of an item. After all, trends come and go. So, if you’re going in with the intention of reselling in the future, consider classic items with longevity. This is why market research is extremely important. You can do so by simply google searching the value of the item, its style, style, size, materials used, the hardware and, of course, the brand as mentioned above. You can also compare the prices of other trusted luxury resellers and compare how certain items have been valued over time to get a better item of which styles and labels are appreciating or depreciating over time.

Once you’re ready to sell, you should also study when it’s the right time to cash in your investment.

Keep All Evidence

Regardless of the condition of your item, you need to prove that your item is authentic if you’re selling on the pre-owned market. You can do so by holding on to your receipt, authenticity card, dust bags and packaging to increase your item’s selling value.

Where To Sell Your Designer Shoes

Selling your designer shoes by yourself can be tricky as people often question the authenticity of your item. Why wait, when Luxity will take care of everything for you!  Whether you're looking to sell your luxury items and cash in the profits or even start investing in the luxury world, Luxity’s got your back.