Luxury resale has emerged as a profitable avenue for passive income. This involves investing in exclusive products that appreciate in value and can be resold at impressive amounts. When it comes to the best brands for this purpose, Hermès is the number one option. If you have been interested in becoming a Hermès reseller, we want to show you everything you need to know to make it a reality.
Keep reading and find out how to be a Hermès reseller! We promise that it is easier than you think.
- What is luxury resale?
- Is it illegal to resell luxury items?
- Why is it hard to buy Hermès?
- Is it worth it to invest in Hermès?
- What is the most bought Hermès bag?
- Which Hermes bag is a good investment?
- How to invest in Hermès handbags?
- Can you resell Hermès bags?
- Can you make money reselling Hermès?
- How to resell Hermès?
- What do you need to become a Hermès reseller?
- Why is Hermès resale so expensive?
- Who is the biggest Hermès reseller?
- How to become a Hermès reseller online?
- What is the best resale site for Hermès?
What is luxury resale?
Luxury resale is a business approach that entails investing in exclusive high-end luxury products to sell them for higher amounts in the future. Depending on certain brands and products, the items can gain more value or keep their retail value stable, allowing the reseller to earn money from their sale.
Nowadays, the most profitable luxury resale is the one performed with items from highly recognized fashion brands, such as Hermès, Chanel, Louis Vuitton and Rolex. This is because the products of these brands have been proven to retain their value very well and even revalue with time.
The ability that these products have to increase in value is achieved through careful and well-thought brand strategies to keep them as exclusive products, so it means that they are not sold to everyone regularly, but they are kept to a few privileged ones. Therefore, their desirability rises and their value reaches incredible numbers in the resale luxury market.
Is it illegal to resell luxury items?
The nature of luxury resale can make you think that it is an illegitimate business, and that you can get into trouble by doing it, but the reality is that it is not illegal as long as you perform it correctly. To make things right, you need to have a registered company in your country and a bank account for said company. This way you can pay taxes and ship the items to your buyers in a clean and legitimate way.
The main factor for which luxury resale is thought as an illegal activity is due to the prevalence of counterfeit products being sold for high profits. The abundance of counterfeits and scams in the luxury resale market has led fashion brands to demonize luxury resellers. However, the reality is that if you sell genuine products and operate as a registered company, you’re conducting a legal and permitted activity.
Why is it hard to buy Hermès?
If you have been a Hermès client for quite some time, or if you have been researching about how to buy Hermès handbags, you probably stumbled upon the fact that it is hard to buy Hermès products, especially exclusive handbags, such as the Birkin, Kelly and Constance bags.
This is a fact due to the brand's strategy of creating desirability and interest in their iconic handbags. They limit the sale of these handbags in official stores by only offering a certain quantity per store each year. This approach helps maintain the brand's exclusivity and the desirability of their products.
This is why they can’t sell Hermès handbags to just anyone that shows up at the stores, they only sell them to people that qualify as regular clients, or people that put their names on the waiting lists managed by the stores’ representatives. Please note that these lists can take up to 5 years to choose you as a buyer for an exclusive bag.
With time, this impossibility to purchase Hermès bags at the official stores, leads clients to search for handbags online in the resale luxury market, oftentimes more expensive or in pre-loved condition.
Is it worth investing in Hermès?
As we mentioned above, doing luxury resale entails investing in products to sell them in the future, when they have reached the desired revaluation rate, and one of the best brands to do it is the Hermès brand. So if you’re asking if it is a good idea to invest in Hermès, let us tell you that indeed it is a very clever idea.
But, does Hermès have resale value? It has been proven that Hermès handbags can appreciate in value like no other luxury product. Take, for instance, the iconic Birkin bag. Since its inception in 1984, it has experienced a 500% revaluation until the present date, and its value continues to increase as time goes by.
This means that if you invest in Birkin bags, or even Kelly or Constance bags, you’re certain to get a good profit out of them when the time is right. The only thing you need to know is how to invest in Hermès bags, so that you can buy wisely and sell at the right time, which is one of the keys to being a successful Hermès reseller.
What is the most purchased Hermès bag?
As you may imagine by now, the Birkin bag is not only the most purchased Hermès bag, but also the most sought-after luxury bag in general. This is largely due to its proven ability to appreciate in value and retain its worth over long periods of time, which speaks volumes about its investment potential.
The second most bought Hermès bag is the Kelly, an iconic handbag that has kept its fame since its rise in the hands of Princess Grace Kelly of Monaco. Found alongside the Birkin in hundreds of online luxury resale marketplaces, the Kelly bag also boasts impressive value retention and even appreciation over time.
Which Hermes bag is a good investment?
For its ability to revalue as years go by, the Birkin bag is a good investment for Hermès resellers. If you purchase the right combination of skin, color, and hardware at the right time, you’re sure to make a great profit out of the investment you made.
However, don’t overlook the Kelly and Constance bags. While they may not be as profitable as the Birkin, they are still incredible additions to your investment. Especially since clients search for all three bags in the luxury resale market, having these options increases your potential to sell more and earn more. In this way, all three of the exclusive Hermès handbags are good investments.
How to invest in Hermès handbags?
Investing in Hermès handbags is crucial to build your Hermès reseller business, but how can you invest in Hermès handbags? The first thing that you should do is find the bags that you can, whether through the official stores, which takes more time, or through reliable Hermès resellers that sell genuine products.
Once you have procured a safe channel to purchase these handbags, you need to inform yourself and look at the market to see which sizes, leathers, colors, hardware and limited-edition models are trending the most, as they will be the most profitable when selling them, either in the next months, or in the next few years.
Only then, you can invest in Hermès handbags with confidence, knowing that the money you have spent will give you good returns when you intend to sell the products.
Can you resell Hermès bags?
Investing in Hermès bags and selling them is the core of the luxury resale business, but if you’re a beginner it is normal to ask: Are you allowed to resell Hermès bags? The answer is yes, you’re absolutely allowed if you conduct your business properly and if you deal only with genuine products.
As we mentioned above, luxury resale is a legal activity, so it can be done by anyone that has the proper means, a registered company and a business bank account. Reselling Hermès bags is an activity that you can do without worrying about the law, especially if you’re selling proven authentic handbags and processing a clean sale for your clients.
Can you make money reselling Hermès?
Earning money as a Hermès reseller is almost guaranteed, because the products that you resell are incredibly expensive, and as they revalue easily with time, you’re sure to obtain a great profit aside from regaining the money you invested.
So the answer is yes, you can make money reselling Hermès, and you can make a good amount of money that with time can become passive income for your future or other investments that you’re planning to make.
Becoming a Hermès reseller can be very beneficial for those looking to get some extra money and make their investments worth it. This will also allow you to take control of your own investments and keep the profits without dealing with commissions or taxes, unlike many other investment markets.
How to resell Hermès?
Reselling Hermès entails a series of processes that you must meet first before starting to profit from it. And if you are asking yourself: How to buy and sell Hermès bags? here we share a list with the steps to start reselling Hermès bags:
- Research the trending combinations: Before you buy Hermès handbags, make sure you research the current luxury resale market so you can explore the most sought-after combinations and look for those handbags. Remember that this research will help you get bags that are more profitable in the short and long term.
- Buy Hermès handbags: Invest in Hermès handbags, either from the official stores or from the luxury resale market. Make sure to find Hermès resellers with a good reputation that only sell genuine handbags. Be very aware of counterfeits, as they can damage your business.
- Find a secure platform to sell your bags: Find a safe space where you can share your stock and sell your handbags to clients or other Hermès resellers. And most importantly, find a platform where you can keep your whole profit without wasting it in commissions. At Resellers Connector we offer you the perfect alternative!
What do you need to become a Hermès reseller?
Becoming a Hermès reseller may require time and effort, but the rewards are significant once you grasp the mechanics and essentials of this business. Here are some of the things you need to become a Hermès reseller:
- Have enough money to invest: Make sure to have a budget that you can use to invest in Hermès handbags, and keep it away from your personal finances in a separate account.
- Register your company: Create a company and register it in the country you’re living in, this way you can pay taxes and operate legally.
- Create a bank account for your company: Open a bank account exclusively for your handbag business’ profits and payments.
- Create social media accounts: To start selling and getting the right attention from potential clients, you need to create social media accounts to promote your services and show credibility to your followers.
- Hermès handbags and a storage space: Once you have a budget for your investments, you need to start buying bags based on the latest trends. You should also have a conditioned space at home or in your office to keep the handbags in great condition to be sold. We suggest keeping your stock small at first, so you avoid risks of damaging it or losing your investment if the bags are difficult to sell.
- Connections with other Hermès resellers: Your connections can help you have a better reach to potential clients and access to handbags that are difficult to find. This is why you must have good connections with other Hermès resellers that can provide you with more handbags, or help you access other aspects of the luxury resale market. At Resellers Connector you will gain access to valuable connections.
Why is Hermès resale so expensive?
Resold Hermès products typically command higher prices due to their revaluation over time. This is particularly true for exclusive handbags like the Birkin, Kelly, and Constance models. However, this price appreciation can also occur with other models such as the Evelyne, Picotin, and Lindy bags.
This means that if you buy Hermès products from the luxury resale market, you’re not going to find them exactly at the same price as they would be at retail, but with a higher price. If the bag is too new, or it has recently been purchased at official stores, the price may be just slightly higher, whilst if the bag was produced and sold a few years ago, you will find it way more expensive than it originally was.
This is a way to see the power of Hermès handbags retaining their value and increasing it as time goes by, so it is understandable why Hermès resale is expensive. And this is actually a great advantage that you have when becoming a Hermès reseller, as your bags can revalue and you can obtain a great profit.
However, becoming a Hermès reseller is also an expensive business, because you need to invest continuously in order to have a good handbag stock that you can sell. This is why you must know that this business entails spending money, but the profit is worth it when done correctly.
Who is the biggest Hermès reseller?
There are thousands of good Hermès resellers worldwide and there are some that are the biggest ones of each country, so it is hard to specify which ones are the most prominent in a single place.
However, at Resellers Connector we gather the best and the biggest Hermès resellers worldwide, based on their references, their reviews and their ability to offer quality services. This is why we invite you to contact us to provide you references of the most trustworthy Hermès resellers in your country, so you can make proper and safe deals with confidence.
How to become a Hermès reseller online?
To become a Hermès reseller online you need to be ready to broaden your vision and use the digital tools correctly, so you can reach more potential clients while also building a good reputation with your sales. Next, we will show you some perfect tips to become a Hermès reseller online:
- Create channels to promote your business: open social media accounts, such as Instagram, TikTok and Youtube. Share your stock and the services you provide to attract potential clients. Be honest, open and real; people like honesty and genuineness in the luxury resale world.
- Make credibility videos: create videos on all your platforms to establish trust with your followers. By providing information about the brand, your audience will see that they can rely on you when it comes to purchasing Hermès handbags.
- Open accounts on luxury resale marketplaces: being inside of these marketplaces allows you to stay updated on the latest trends and pricing strategies set by other resellers. Compare these prices with your own and make necessary adjustments. Take advantage of this opportunity to analyze the market before listing your stock for sale.
- Make connections with other Hermès resellers: join Hermès reseller communities to be informed of all the latest trends, as well as to have better access to new handbags faster, so you can enrich your stock.
- Post your reviews: when making a sale, ask your clients for a final review of the service and post all of the reviews in your social media, so your followers or other potential clients can see that you’re a reliable reseller and that you work with authentic products.
What is the best resale site for Hermès?
Being a Hermès reseller online is also depends on the platform you choose. Most people opt for recognised marketplaces to list their stock and attract buyers, but it is well known that these marketplaces only offer a publishing space, without the possibility of networking with others who are reselling or attracting regular customers. They also charge high commissions on your sales, so selling your bags with them is not profitable in the long run.
However, there is one resale site for Hermès that you can’t miss and that will give you many tools to build your business from zero, that is Resellers Connector, a broad marketplace and a community exclusively designed for Hermès resellers. Here we show you the advantages you can get by starting your Hermès resale business in Resellers Connector:
- Free access: Becoming a member of Resellers Connector is completely free. Beginners and professionals are welcome to join this great community for Hermès resellers.
- Share your stock daily: You gain access to a daily updated list of all the available Hermès handbags in the community. You can add your stock to the list and attract more clients, as well as other Hermès resellers that can buy from you.
- No intermediaries: You deal directly with the buyer or seller, you do your own business in a safe space. We provide a security contract to support your buy or sell, only if you ask for it.
- No commissions for your sales: Every profit you earn is completely yours, there is no tax, no percentage, no commission for selling. You keep what you earn!
- Safe and free of scammers and counterfeiters: A high level of security to protect all our members. We scrutinize each new member and let them join when we have seen that they are professionals and that they work under the law. You can enjoy a platform free from scammers and counterfeiters.
- Contact hundreds of professional Hermès resellers: You gain the possibility to contact hundreds of Hermès resellers, whether professionals or beginners. You gain new friends in the industry and new partners after buying or selling.
- Tools and services to improve your business: Resellers Connector offers paid memberships to help you run your operations more smoothly. We provide logistics support, loans, personal shopping services, a warehouse to store your stock, and much more. Everything is designed for your comfort and to help you become a professional Hermès reseller.
Definitely, becoming a Hermès reseller is something you can achieve if you have the right support and if you learn from professionals. Here, at Resellers Connector, we offer you all the help you need to start your handbag business online and to earn passive income easily.
We are committed to help you become a professional, and be part of the passionate world of Hermès resale. Join our Hermès resellers’ community and take the first steps to your success. The moment is now!