GOAT APP legit?

Discussion in 'Price/Fake Checks' started by alphabrah, May 17, 2016.

  1. PoweredbyMSG

    PoweredbyMSG

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    Thanks for responding.

    Funny just got a cancellation email from GOAT for both my orders because of seller not shipping on time. Guess I'll wait til Monday and Tuesday hoping prices will dip.
     
  2. squatchnt

    squatchnt

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    Your quote by Johnson who's "run FTL since 2014" indicates it's a partnership bro. I don't have the same confidence that you do that products aren't already backdoored pre partnership. Control of the retail market and resale market too much market control imo :nerd:
     
  3. dblplay1212

    dblplay1212

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    You need to take the tinfoil hat off. FL will not be selling to Goat. They'll most likely set up an easier path for FL customers to get product to Goat but FL will be selling their online stock at retail. Nike will make sure of that.
     
  4. michaeln30

    michaeln30

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    FTL's are gunna start adding GOAT drop off stations in their brick and mortars. The reseller buys from FTL at retail, and walks directly over to the next counter and sends the shoe off to GOAT.
     
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  5. dblplay1212

    dblplay1212

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    That makes a lot of sense. Will be gross to watch though.
     
  6. killaking

    killaking

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    I know you guys are saying Nike won’t care but man I just don’t see them sitting by and letting footlocker get into the resell business cause low key this will be a slippery slope. However you are describing the relationship they are at arms length going into resell.
     
  7. starfox070

    starfox070

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    I sell often. It will update eventually even if they forget to. But that’s usually after like the close of business of that ups tbh
     
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  8. dblplay1212

    dblplay1212

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    Nike isn't going to let them resell. Why would Nike sell to them at 50% of retail (stores make 100% markup on pairs. they get a $200 retail shoe for $100 from Nike) only to watch FL sell them at double retail? Why wouldn't Nike just keep those pairs and sell them on SNKRS and make 2x as much as they do now? FL will sell to Joe Public for retail and then Joe Public will ship it to Goat. That's already happening. Nothing is changing on that side. FL is just making it easier for resellers.
     
  9. squatchnt

    squatchnt

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    Tinfoil hat huh, you can't have a discussion without trying to sound smart huh while posting conflicting information. It's not as simple as FTL selling to GOAT. Simply put FTL/GOAT now have means to manipulate supply and demand. FTL obviously doesn't have the same rules as your mom and pop shop or every FTL store would have the same sales at the same time.
     
  10. dblplay1212

    dblplay1212

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    Yes, they have the same rules. Nike isnt going to let them sell directly to Goat. FL will still sell their stock at retail to their customers. They'll just make it easier for their customers to sell on Goat. Nothing more.
     
  11. squatchnt

    squatchnt

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    Why do different FTLs run different sales then?
    And FTL paid a 100m to make it easier for their customers to sell on GOAT doesn't sound profitable. Maybe they'll integrate the apps so you don't even have to pick up wins anymore, just ship out for sale. GOAT doesn't buy shoes by the way they authenticate buyers purchases for a fee.
     
  12. dblplay1212

    dblplay1212

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    1. FL has different regions. Each region has different pricing. They also have hundreds of SKU's per store. Sometimes it's as easy as the store manager not pricing his stuff correctly.
    2. FL now owns a stake in Goat. If Goat makes more money, FL profits. You know what a shareholder is right?
    3. Right, FL will make it easier for customers to sell on Goat bc FL will profit when they do. They know their customers resell. Now they have an incentive to get their customers to choose Goat over StockX.
    4. Nobody ever said Goat buys shoes. I said FL won't be selling shoes on Goat. You won't have a FL employee sitting at a cpu with 10k pairs of AJ1 and selling them one by one on Goat at 2x retail. FL will still sell their stock as normal.
     
  13. michaeln30

    michaeln30

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    Yup, saves GOAT the time and hassle of verifying the shoes because they are technically coming straight from the retailer. FTL will probably charge some sort of premium fee on top of what the normal selling fee on GOAT (idk the exact amount I'm a StockX person myself). For it to make sense it has to

    1. Be a way FTL can make money off it, remember the majority of foot stores profits come from them pushing extras, like socks, cleaners, laces that type of deal. On a hyped release of lets say 30 pairs, if half of them are resold directly to GOAT through FTL at a fee of $30 a pop that would be an extra $450 that store made off products they already sold.

    2. Be useful to the consumer or in this case the reseller. A service like this would probably not be worth it for the guys you see copping 20+ pairs of Jordan 1's each release. They have their own clients and profit margins they want and would be losing money. However for little 16 year old Billy who just wants to make a quick buck turning that $170 into a quick $220 in a couple of minutes without having to reship, post pictures, or wait on a cash out would be inviting.

    But I don't know anything, I'm just a high school Business teacher, it's a lot greater minds than mine this is just what my thought process was.
     
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  14. squatchnt

    squatchnt

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    2 and 3 are the parts I issue with. That incentive for GOAT to sell more can lead to improprieties. When I think of FTL selling on GOAT I was thinking bigger than an employee at a CPU. :lol: I think it will be interesting to see if Nike has a response or not concerned at all.
     
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  15. dblplay1212

    dblplay1212

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    FL pushing people to Goat rather than StockX really isn't an issue. Those pairs are being resold one way or another. There's no difference in little Billy waiting in line at FL and then dropping off at the Goat counter inside FL than little Billy waiting in line at FL and then driving to UPS to drop off for StockX. Billy is reselling that shoe either way. Now little Billy doesn't have to go to UPS and he'll probably get paid immediately at the Goat counter inside FL bc Goat doesn't have to authenticate that shoe. They know it came from FL and it's legit. The end result is the same, the process was just much easier for little Billy.
     
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  16. squatchnt

    squatchnt

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    Perhaps little Billy's FTL acct will even become preferred since he's supporting both platforms along with other accts that use both platforms. FTL still sells to consumers and GOAT gets increased sales. A win win
     
  17. dblplay1212

    dblplay1212

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    Right. And what's the issue with that? How has that affected you? Only Bill was affected.
     
  18. starfox070

    starfox070

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    Wait are we assuming (puts tin foil hat on) that the FTL app will start selecting customers that use both GOAT and FTL to resell thus increasing profits for both.

    Over those who shop to keep.

    Well if GOAT starts asking for your FTL VIP I would be suspicious tho
     
  19. dblplay1212

    dblplay1212

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    Na I don't think that'll happen. I could see your Goat account getting top tier status (less fees maybe?) if you use FT and Goat both regularly. I don't think there's any chance that FL's distribution of their stock will be affected by this.
     
  20. squatchnt

    squatchnt

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    I'm speaking of multiple resellers accts getting priority impacting my non reselling *** getting kicks
    it's not an actual assumption just a theory based on a post in an ongoing convo. I'm the tin foil hat that thinks FTL investing 100milly in GOAT looks like conflict of interest whereas others don't think so.
     
  21. dblplay1212

    dblplay1212

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    Nike will absolutely not allow that. Nike isn't going to allow FL to rig their raffles so Goat users win all the pairs.
     
  22. squatchnt

    squatchnt

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    Not saying every pair, I'm saying a preference, like money spent. A hypothetical 11m headstart. How would Nike even know who FTL winners are what they've done with their purchases anyway?
     
  23. dblplay1212

    dblplay1212

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    Yea thats just not going to happen. The FL rep for Nike is involved in all that ****.
     
  24. squatchnt

    squatchnt

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    It was hypothetical but if you don't see FTL/GOAT partnership as a possible conflict of interest that's your prerogative.