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I just opened a sneaker boutique in N.C. and I'm trying to get a nike retail account but I'm hearing that you have to be open for at least a year before Nike will open with you. Has anybody else heard anything about this?
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True to an extent. You have to buy more bad product to get the good stuff. The good stuff you get is in proportion to the bad stuff you buy which is why many independent stores get stuck with garbage no one wants and often raise prices on highly coveted items.Have you also heard that they will make you sell a lot of garbage products before they give you anything good?
If you do a search you will find a very informative post about this, I hope it hasn't disappeared since we switched over but its about the different type of accounts. Best of luck!!!
Thats what I was thinking. We're doing relatively well without Nike so hopefully we'll be able to make it this 1st year without them. We've got top tier accounts with Reebok, New Balance, Asics & hopefully Adidas in January, but you know everybody in this game dreams of the Tier 0 with Nike. Thanks for responding.Nike always wants to make sure you're sustainable without their product, because they want to make sure your business isn't too dependent on their products. If you can show them you can survive without them for more than a year then you're pretty much good unless they find out about something about your business or account Most businesses that fail, fail within their first year, hence the waiting period. I'm not sure how long they make you wait now, but it use to be like 1-2 years before they gave you an account, unless you know someone.
By selling consignment DS, will Nike "black ball" your store in the future? Lets say I purchase DS on wholesale from an independent seller, and in turn resell them in my store. Would Nike not hold this over my head down the road?Very informative post indeed. Also somewhat of a dream shatterer
Nike basically makes you jump through all kinds of hoops to get the kind of account we all would like to have. Basically you're just better off opening a consignment type shop nowadays and let the people bring you the product vs. Nike themselves..... Well at least that's what I took out of it.