Resellers and market dwindling.... flight club rejects shoes

People unload crap. They think everything is worth alot because of a few pairs here and there. Frags shoot past 1k and everyone thinks dsm's are the next gold bar. Thats the kind of thing Resale shops get tired of. Just like used cd shops. Get tired of flipping through $1 Bon Jovi. The market hasnt really dwindled. The hype on dumb releases being resold is. No reason to try and collect more than $50 on a gr. People thinking they are something special hoarding size runs for resell, there bubble is bursting if anything.
 
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Nike is producing more kicks, by flooding the market the demand slows down. Once NDC and the other online retailers find a way to fight bots and ATC services, which is mostly used by resellers, the resale hustle will die down dramatically. Resellers wanna make a quick buck and once the turnaround slows down and they have a bunch of pairs sitting on Ebay or consignment shops they gonna be hurting.
 
shaw333 said:
I agree it's about dead because of a release every week and price point, but enough shoes? Venture into the chi 1 thread and see that's not the case.
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There's enough of those to go around too, trust. Just they are being resold. Bottom line resellers wouldn't be in business if people were willing to miss out on releases that will release agian in few years anyway but instead they are buying them for 3 and 4 times retail.
 
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El Bro said:
Not to mention, every time they sell a couple in a certain size, they raise the price on the next batch in that size.
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Not quite. If you brought in kicks today for $400, I can put the exact same pair/size at $375. My pair will sell first because I undercut you. If no one matches my $375, then your pair is available at $400. It's not some internal scheme, for sure.
show time 96 said:
Look at the shoes posted they probably get flooded with sellers trying to sell those
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It's a lot of stuff that stopped being (as) hot. Like a few years ago when they were stuck with AF1s. Now that's GR Huaraches and Roshes. Tourists, foreigners, and kids who go to FC and have to buy something for their Flight Club experience but don't have $300 in the budget cop from what I know.
valdez809 said:
 
Nike is producing more kicks, by flooding the market the demand slows down. Once NDC and the other online retailers find a way to fight bots and ATC services, which is mostly used by resellers, the resale hustle will die down dramatically. Resellers wanna make a quick buck and once the turnaround slows down and they have a bunch of pairs sitting on Ebay or consignment shops they gonna be hurting.
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It's the small-time reseller that's hurting most. The people copping at retail hoping for the flip are the ones with the worst margins. Nothing stops shady boutique owners from unloading FSRs of GR sneakers at FC after receiving them from Nike. They're making the real money.
 
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Reselling is such a low budget hustle. Unless you have sizable inventory, don't bother.  Joe Schmoe on Ebay is tryna flip a some pairs only to realize he won't make **** in the long run.  It just messes everything up.  
 
PabloTheMex said:
Reselling is such a low budget hustle. Unless you have sizable inventory, don't bother.  Joe Schmoe on Ebay is tryna flip a some pairs only to realize he won't make **** in the long run.  It just messes everything up.  
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not necessarily have known friends that made $10,000 plus as a part time hobby.... That's 2 car payments for a full year plus some FREE shoes computer phone whatever ... So would have to disagree on the snail time hustler
 
seekaz said:
not necessarily have known friends that made $10,000 plus as a part time hobby.... That's 2 car payments for a full year plus some FREE shoes computer phone whatever ... So would have to disagree on the snail time hustler
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Again, it depends on how many pairs you are moving.  You gotta flip several pairs to get the "free" pair.  Re-seller markup + shipping still equals minimal profit.  Not gonna hate on anyone's part time hustle/hobbies, but IMO it just messes up the pricing for peeps who just want some kicks. We all just tryna look fly anyway lol.   
 
chedda said:
 
solid read i think the writer has valid points http://seekingalpha.com/article/3236096-how-nike-could-kill-the-nikebots-and-why-it-doesnt
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Naaaah. A lot of it felt like the same "just make more" stuff that people say. Before that, he's suggesting that Nike go rogue like arenas and sell through back channels, or hire an economist to bring MSRP closer to resale values. All of which make it even less accessible. Cost can't always be the barrier for entry.

Feels like more people who don't understand sneakers trying to act like they do because they read Campless for an hour.
 
I know it's probably old news now but @Campless  did an article profiling a NYC reseller. Interested read...

http://blog.campless.com/2015/10/27/confessions-of-a-nyc-reseller/

As expected, this reseller is making less and less money every year as more and more resellers enter the market. The market is definitely not what it once was, but that's not necessarily bad. It seems like Nike has figured out the price point and production numbers to meet the insatiable appetite of sneakerheads and squeeze out the average reseller.

What are your thoughts on this?
 
It's a bulk game now more than ever. Honestly, people only complain about resellers on limited stuff. GR's are still available even if you have to hunt.
 
Yep, Nike has and will always thrive off the limited stuff. It pushes their brand to super premium status and helps cross sells similar (or cheaper) products for their company. They have the demand and supply equilibrium down to a science. This is something that Adidas and the other brands haven't quite master. Adidas has restocked the Xeno and Ultra Boosts so many times that they've become commodities and no one wants them.

Bulk selling has even faded away. I use to move bulk GR's to several different buyers last year but those same buyers are no where to be found. This is fine with me though. I'm all for the average consumer to be able to score on shoes without paying an obscene up charge. 
 
I think the problem most resellers suffer from is blaming the 'supplier'. Yeah, Nike churns out more GRs, raises the prices on most sneakers to where there is not much meat left on the bone. But the consumer, me, is burned out on more and more releas s of the same type stuff. We know all we have to do is wait a few months and the same **** is spitting out to market. Only stumps that are impatient (fewer and fewer) pay resell. Most, if they miss out now, just take the L and move on to the next.

Let alone the maturing of the demo and their switch to runners. There is no $ in those kicks. And those peeps don't give two ***** about the latest Jordan and having 200 DS pairs. They have a life, job, and are most likely smarter than a reseller. They know if it is worth spending cash on a ’luxury' item when they already have more than they could wear in a year or two due to....you know.....having a ******* career and rarely having a chance to wear sneakers.

Consumers and producers are smarter now. The middle man.....reseller.....is the chump. They are the sucker in the game. I mean, rarely does a shoe keep going up in price. Frag 1 was the last one. Wait long enuff and prices drop on nearly every, if not all, shoes. Few kicks make $ worth the trouble unl DS you are some unemployed schmuck.
 
Swanny said:
I think the problem most resellers suffer from is blaming the 'supplier'. Yeah, Nike churns out more GRs, raises the prices on most sneakers to where there is not much meat left on the bone. But the consumer, me, is burned out on more and more releas s of the same type stuff. We know all we have to do is wait a few months and the same **** is spitting out to market. Only stumps that are impatient (fewer and fewer) pay resell. Most, if they miss out now, just take the L and move on to the next.

Let alone the maturing of the demo and their switch to runners. There is no $ in those kicks. And those peeps don't give two ***** about the latest Jordan and having 200 DS pairs. They have a life, job, and are most likely smarter than a reseller. They know if it is worth spending cash on a ’luxury' item when they already have more than they could wear in a year or two due to....you know.....having a ******* career and rarely having a chance to wear sneakers.

Consumers and producers are smarter now. The middle man.....reseller.....is the chump. They are the sucker in the game. I mean, rarely does a shoe keep going up in price. Frag 1 was the last one. Wait long enuff and prices drop on nearly every, if not all, shoes. Few kicks make $ worth the trouble unl DS you are some unemployed schmuck.
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Yeah, I completely agree. I resell on the side just to make some extra cash here and there but never would do it full-time. Not only is it extremely unpredictable but it will not last. Sneakerhead culture is growing and everyone and their mother wants the supreme 5's. If JB keeps going the way they're going, retros will end up at 300$ retail and no one will buy them because, well, it's just not worth it. Yeah, retros look cool but Nike's QC is complete garbage, no way am I paying that much money for a shoe that is covered in glue stains and will crumble in 7 years. Nike banning people left and right, switching things up to mess with ATC's and bots. Resellers getting "limited" shoes and have to sit on them because no one is willing to pay resell anymore. 
 
it's the resellers fault for being greedy. if they go for a quick flip on multiples they'd be better off than sitting on one shoe for 7 months cuz they want to charge 200 over retail
 
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