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Is selling sneakers like trading or investing? An example being buying sneakers now to sell for a much higher price during the holiday season. Sort of what traders and investors do.
thadoctadvocate
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yeah it is I'm majoring in sneakernomics I know
jordan23dotcom
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NO
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Now a day you can only buy at cost for GR and if you have connects. If not you are stuck buying at premium prices ...
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what was the point of making this thread?
Top Boy
formerly jay patt
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Get a job
T Lo Sweater
formerly troyd
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Yes. I've made it to the top 100 on the Forbes list by doing just that. You can too!
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Just retitle this thread. Official reselling and trading thread.
If you are business savvy you can make money buying shoes at retail but every week it gets harder to purchase the real money makers. Basically shoe values go high at release due to demand, then low after initial demand is met, then high as quality supply diminishes.
Every release that sells out is good for about $60 quick sale and $100 if you can sit on them for a couple weeks. Anything beyond $100 over retail is pure hype value and will fluctuate greatly.
Shoes involve far less risk than stock trading because they are not dynamic and they don't depreciate or appreciate based on performance. The highest likelihood of you losing money comes from keeping purchases that you didn't intend to (ie. Getting high off your own supply) or underestimating production numbers
Happy selling. Remember the ones who last in this business stay low key. Don't be a Haza!
If you are business savvy you can make money buying shoes at retail but every week it gets harder to purchase the real money makers. Basically shoe values go high at release due to demand, then low after initial demand is met, then high as quality supply diminishes.
Every release that sells out is good for about $60 quick sale and $100 if you can sit on them for a couple weeks. Anything beyond $100 over retail is pure hype value and will fluctuate greatly.
Shoes involve far less risk than stock trading because they are not dynamic and they don't depreciate or appreciate based on performance. The highest likelihood of you losing money comes from keeping purchases that you didn't intend to (ie. Getting high off your own supply) or underestimating production numbers
Happy selling. Remember the ones who last in this business stay low key. Don't be a Haza!
T Lo Sweater
formerly troyd
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Repped for scarfsce knowledge
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To get an answer to a question
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Thanks
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it applies to almost anything you sell.
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Buy high, sell higher
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Unless you getting the real hyped or real limited stuff then it's not a good time to get into reselling, unless you getting the GRs and stuff below retail.
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Thread about common sense.
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Stand in line.
Buy sneakers at store.
Sell on Internet.
That's all there is to it.
Buy sneakers at store.
Sell on Internet.
That's all there is to it.
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inflation
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Ok well if your goal is to make a profit I would have to assuming logic would say what ever price you buy them at, and selling them at a higher price would net you a profit. There are other factors that could harm your profit margin. If you are mailing them the cost of shipping, simple cost of gas if you are meeting up with someone. Or simply deciding to sell them below what you paid.
Factors that will increase your profit is supply and demand, If shoe has high demand for it and there are not enough shoes to supply everyones want for the shoe. The price goes up.
I assumed most of this was common sense. well hope this helps.
the hater boxden
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not every shoe will increase in value. very few are worth holding on to for an extended period of time.
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The grey market Jordan's completely wiped out a lot of resellers.
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maybe resellers that had stores and sold preorders/early kicks.
re-releases weren't doing any favors to regular resellers.
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Not sure what you're trying to convey. But it's affects both pre-release and post-release simply because there's more in circulation.
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I get you, you're right
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I'd love to see some of the people comment in here who have 1k+ feedback on ebay from only selling shoes
