It’s an old paintball store, just storage space nowYou run a pawn shop or something?
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: this_feature_currently_requires_accessing_site_using_safari
It’s an old paintball store, just storage space nowYou run a pawn shop or something?
What I’ve heard over the years, I actually think Zadeh is the one that said this… he’d source as many pairs as he could from his connects (I’m assuming at some type of wholesale cost), and if that covered his orders, great… if not, he’d source whatever was left from apps, such as stockx/goat/etc… pretty sure I remember him posting a screenshot, or someone posting something of his goat score or something, he was definitely messing with goat too. I don’t understand why people are only thinking he messed with stockx.
A friend said that on one of the Twitter spaces a day or so ago, that someone mentioned he’d even have a buyback program of sorts… some people would make $1000s + from zadeh, without even touching the shoes… like a bulk buyer would preorder ____ pairs for ____, and Zadeh in the meantime would realize he couldn’t fulfill all orders, so he’d pay said bulk buyer _____ (more than what he paid obviously), and essentially buy that order out.
Also a theory of mine, I think once Nike started pulling mom n pop accounts, it got more and more difficult for him to source his pairs, so he probably had to go through avenues like stockx more often, which obviously cut most of/whatever profit he was making. Walls pretty much collapsed on him at that point…
Agree, with buying from any 3rd party; you have to do your own research.SX is venture backed and fakes made it through their system according to Nike. Anytime you buy through a 3rd party you gotta respect it.
The less than retail price wasn’t always available, and anything that was popular/had potential hype would sell out with rhe coupon code… before and after the coupon code pretty much any pair would be significantly over box price… I said this a page or so back. Plus hype/collabs would pretty much never be available to be had under retail.I think I've been watching too much Ozark but how is it that dude was willing to take losses essentially selling a pair for less than retail, but might've needed to buy pairs on sx for resell price just to fill the preorders that were under retail? Sounds like a great way to launder money
Problem SX has is they had a consumer, not a business partner, a consumer purchasing tens of millions of dollars worth of items from their website and most likely never questioned the consumers need for that much productI think I've been watching too much Ozark but how is it that dude was willing to take losses essentially selling a pair for less than retail, but might've needed to buy pairs on sx for resell price just to fill the preorders that were under retail? Sounds like a great way to launder money
Problem SX has is they had a consumer, not a business partner, a consumer purchasing tens of millions of dollars worth of items from their website and most likely never questioned the consumers need for that much product
Also let me ask this because I honestly don't know
Does SX ever buy shoes from their users and resell them or does SX strictly act as the middle man?
Alarming for sure, but they probably didn't feel legally required to see why Zadeh's wife was buying so much. The bottom line was that they're providing a service to Zadeh's wife, and getting their cut from sellers so they probably don't have any legal obligation to check.Problem SX has is they had a consumer, not a business partner, a consumer purchasing tens of millions of dollars worth of items from their website and most likely never questioned the consumers need for that much product
Also let me ask this because I honestly don't know
Does SX ever buy shoes from their users and resell them or does SX strictly act as the middle man?
I don’t recall exactly, but he always mentioned that his shoes were authentic, and took that stance pretty serious, to where at a certain point, you’d basically get blocked if you questioned it (look at it from his perspective, probably got annoying/frustrating on the level he was, dealing with all the accusations. I mean, look how it was in here with only a handful of people.) maybe site didn’t say 100% authentic, again I don’t remember, but if it did say that about passing apps authentication process, he’s basically taking liability from himself, because he doesn’t authenticate every single pair that goes through his warehouse. I’d assume he felt confident his suppliers were legit, unless he didn’t care, which it seemed (at one point) he took his reputation pretty serious from what he led on.i have a question to anyone thats been on zadehs website
in the shoe descriptions, did he say the shoes listed were 100% authentic? Or worded like taht in some way?
I was talking to a friend about this whole issue and he said that his descriptions would say some **** like "these shoes would pass stockx authentication" Is this valid? Lol
Na false, he made it very clear shoes are 100% authentici have a question to anyone thats been on zadehs website
in the shoe descriptions, did he say the shoes listed were 100% authentic? Or worded like taht in some way?
I was talking to a friend about this whole issue and he said that his descriptions would say some **** like "these shoes would pass stockx authentication" Is this valid? Lol
I understand what you're saying, but 500 dollar travis x frag lows? Considering resell is 2k essentially, he was taking a loss on that type of business model. I can see it maybe working out for that VPs son IF he was able to buy pairs at 50% off or even more for those GR type of shoes. And even then, as some have said, why would a person sell a shoe at 500 bucks if he could literally sell for 2k? I know ZK wasn't your average FB reseller, but I see so many people in FB groups try to sell once they have the "got em" screenshot only to cancel on a sale if prices raise drastically before the shoes arrive. TS mochas, SWs, etc. From any business standpoint, that makes no sense what he was doing, especially at the end if he was having to secure orders through SX.The less than retail price wasn’t always available, and anything that was popular/had potential hype would sell out with rhe coupon code… before and after the coupon code pretty much any pair would be significantly over box price… I said this a page or so back. Plus hype/collabs would pretty much never be available to be had under retail.
I 100% agree. Oftentimes, people will have to choose between what they're going to liquidate when going into a recession. Crypto/stocks been taking a hit so naturally the shoe resell market is also down. I can see it bouncing back once this "recession" is over. Looking at some of the trash Nike put out couple years ago only to see what prices are now. C'mon. I know pollens, shadow 2.0, marinas, and these heritages aren't everyone's cup of tea, but I would argue that they're better than phantoms and even those crimson tints and those are surprisingly quite high for what it is. Even Panda Twists were going for near or under retail, which is why I returned my pair, now look at it.If zadeh really did buy that many pairs from sx and other 3rd party apps, I would assume the market for a lot of shoes current and future releases shouldn't see that precipitous rise for sneakers especially what we saw for some sneakers and trading cards in 2020-2021. But then again I feel like the stock/crypto market does also reflect how the sneaker market goes too and since we're like heading towards a recession, and think the price on sneakers won't be as crazy as what we saw the last a year or so.
I know it goes against super reps theory but I do so a lot of logic with this theory.What I’ve heard over the years, I actually think Zadeh is the one that said this… he’d source as many pairs as he could from his connects (I’m assuming at some type of wholesale cost), and if that covered his orders, great… if not, he’d source whatever was left from apps, such as stockx/goat/etc… pretty sure I remember him posting a screenshot, or someone posting something of his goat score or something, he was definitely messing with goat too. I don’t understand why people are only thinking he messed with stockx.
A friend said that on one of the Twitter spaces a day or so ago, that someone mentioned he’d even have a buyback program of sorts… some people would make $1000s + from zadeh, without even touching the shoes… like a bulk buyer would preorder ____ pairs for ____, and Zadeh in the meantime would realize he couldn’t fulfill all orders, so he’d pay said bulk buyer _____ (more than what he paid obviously), and essentially buy that order out.
Also a theory of mine, I think once Nike started pulling mom n pop accounts, it got more and more difficult for him to source his pairs, so he probably had to go through avenues like stockx more often, which obviously cut most of/whatever profit he was making. Walls pretty much collapsed on him at that point…
Some of this is speculative but maybe I missed his posts about his crypto holdings.I heard he has a cannabis farm or something, prices are at a all time low right now in that industry and product is sitting I wonder if that coupled with him losing in bitcoin tie in at all?
But if he secured 200 pairs beforehand at let’s say 800, sold 50 or so pairs at 500 preorder to keep the “good guy/good price” reputation up, then sold the remainder at 1500+ once the release happened, he still turns a profit… just because he doesn’t turn that profit that day, doesn’t mean he doesn’t at all… I’ve heard other resellers with this same mindset, so he could have had the same thoughts.
If anyone was familiar with his prices after a shoe released, at times they’d be borderline absurd.
And the more that gets discussed, more things I recall… he used to mention how he’d actually get extra pairs to cover flawed pairs he’d receive, and/or resell later down the line.
At the time, it seemed like he was either putting too much out there, or took some type of pride being transparent with his customer base.
The only reason why he would do that, is because he probably thought he could keep the gravy train rolling. "Oh man, Zadeh is actually legit, cos Reseller was able to cop a FSR and flip X shoe on StockX for a profit of $XXX ea"... And even then, as some have said, why would a person sell a shoe at 500 bucks if he could literally sell for 2k? I know ZK wasn't your average FB reseller, but I see so many people in FB groups try to sell once they have the "got em" screenshot only to cancel on a sale if prices raise drastically before the shoes arrive. ...
How does one gain this much trust/credit from absolute strangers?