Hi all,
I've really enjoyed reading through this thread and it's definitely given me some ideas.
One of my main side hustles the last few years has been sneaker reselling and I've gained quite a substantial amount of knowledge on the business model. I was potentially thinking of creating a paid newsletter on the basis of this business, as it's a large, global market and since it's helping people make money if advertised well, I could see it growing.
My main problem is that there are plenty sneaker discord groups which essentially give insights to new releases and have monitors which track when shoes drop etc. So I don't think it would be the best idea to put similar information in a newsletter style, as this kind of information requires your immediate attention.
I've realised, however, that there are almost 0 sneaker newsletters. I might be wrong, but the competition looks incredibly weak for this market. The only newsletters which are running just post about upcoming releases (stuff you can lookup pretty easily).
I want my newsletter to be about sneaker investments. Especially with the volatility in crypto and nfts at the moment, sneakers are becoming a great investment and with my experience in the field I have knowledge on what sneakers go up in time and are worth buying into and what sneakers you should sell.
I have a few issues with it, however.
Is the market for this too niche?
Is my information limited enough to be worth paying for ($5/month to start with)?
Could this be marketed to people who aren't in the sneaker space, but are just looking for a money-making method?
Leo
I've really enjoyed reading through this thread and it's definitely given me some ideas.
One of my main side hustles the last few years has been sneaker reselling and I've gained quite a substantial amount of knowledge on the business model. I was potentially thinking of creating a paid newsletter on the basis of this business, as it's a large, global market and since it's helping people make money if advertised well, I could see it growing.
My main problem is that there are plenty sneaker discord groups which essentially give insights to new releases and have monitors which track when shoes drop etc. So I don't think it would be the best idea to put similar information in a newsletter style, as this kind of information requires your immediate attention.
I've realised, however, that there are almost 0 sneaker newsletters. I might be wrong, but the competition looks incredibly weak for this market. The only newsletters which are running just post about upcoming releases (stuff you can lookup pretty easily).
I want my newsletter to be about sneaker investments. Especially with the volatility in crypto and nfts at the moment, sneakers are becoming a great investment and with my experience in the field I have knowledge on what sneakers go up in time and are worth buying into and what sneakers you should sell.
I have a few issues with it, however.
Is the market for this too niche?
Is my information limited enough to be worth paying for ($5/month to start with)?
Could this be marketed to people who aren't in the sneaker space, but are just looking for a money-making method?
Leo
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