this is from the infamous 2011 drop.
LOL shyt was worse then if you ask me... At least nowadays waiting in line seems obsolete.
this is from the infamous 2011 drop.
who designed them¿
who gets paid off them¿
what are folks claiming¿
*
LOL shyt was worse then if you ask me... At least nowadays waiting in line seems obsolete.
Exactly. And no one is talking about the impact that extreme reselling has on MSRP.
Company A has done extensive market reseach and determines that the price for their new kicks should be $90-$110. So they releases them for $100. Only bots by them and resell them for $150. The resells sell out.
Company A notices this and realizes that they have "undervalued" their product. Next wave they sell for $140. Bots buy them out, sell them for $190... they sell out.
Conpany A is like .... "lets see something". releaae a 3rd wave for $200... double original MSRP for the same model.
Bots dont get all of them, they get like 30%. But the other 70% still sells out to actual consumers who have been waiting a year to buy the product from the company and not a reseller.
Now... with the above example, does anything company A will ever return to selling that product for $100 MSRP? NO. That shyt is done for. At lowest its gonna be $150.
If anyone follows the GPU market this is pretty much what happened. Im not saying this is immoral... or even economicaly wrong... just saying it has a real world impact. Extreme reselling and artificial demand has always impacted real world prices.
You know the game is completely fukked up when you can’t even get a GR on release because so many damn people have bots and are buying up 100s of pairs.
Can’t even go to a Foot Locker for the latest without a hope and a prayer. I started buying sneakers again this summer after a long ass time, and seeing some weirdo cac with 300 pairs of Jordan 4s after you struck out online due to the apps “conveniently” logging you out and not remembering your login is frustrating. It shouldn’t take THIS much effort to get some nice kicks.
I will always believe that brands started seeing what Asians were doing with bootlegs and just started selling the same shoes. I specifically remember seeing knockoff Bourdeuex 6’s back in 2007make it even worse the quality of these new Jordan's and Nike's are horrible. Feels like the old fake's from the mid 2000's
culture by nature spreads!!!
"culture"
lol only a broke nikka care About flipping shyt for a few 100I'm not going to complain about resell culture as I'm in on it as well and quite honestly, a lot of us are. We just aren't on the level of other resellers out here.
If you could easily flip something for hundreds of dollars by just putting a label on a box, then you'd do it too and would be lying if you insisted otherwise.....
Capitalism