Why the Sneaker-Market is DOWN and why it's a GREAT THING!
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- čas přidán 28. 05. 2024
- it's a good time to be a collector again!
shoes are sitting, retro's are on sale and the resell market has softened meaning prices aren't out of control for most pairs.
there are of course a few exceptions and in this video I take a look at some examples of sneakers that have flopped on the resell market and some that have done really well.
follow me on IG: / sneakernomicz - Zábava
I’m so glad I grew up at a time
when I could just go to my local shoe store on or after release day and pick up the shoes I wanted
So happy this is the case. As someone still in middle school, it’s nice that not everything costs $400+.
If you are in middle school, you shouldn’t be buying shoes over $150, period.
@@chengyulee8lmao you his mom?
@@chengyulee8 why cause you couldn’t?
@@TraviNomotion number 1, if you are in middle school, you should be focusing on your school work. Why wear something expensive when your feet are going to be outgrowing the shoes within a year. 2, buy those shoes when you are the ones making the money and can actually afford them.
@@TraviNomotion or financial literacy is terrible among kids. Most sneaker heads are not in the best economical state so yeah.
Fuck the re-sell market...😅 Jordan stay killin' it!! ✊🏻
as a sneaker enthusiast but only buy when below retail and on sale. i can see models i like on sale now. and im so happy
Great time to be a true sneakerhead. Great video man, love the coverage
Dude you and I are a rare breed, I love the fact the sneaker market is down. I’m collecting like crazy, everything is becoming easier and cheaper to get and that makes me so happy, because I WEAR MY SHOES. Great channel, love the content, keep it bro 😎
Facts to all u mentioned. And yes… I own some reps and have no shame. I would never spend a thousand dollars for a shoe I love and want to wear and beat up, because of nostalgia from 80s and 90s, when I was a kid. Can care less what people think.
I'm here for it. As just a collector I'm honestly copping multiple pairs every week without breaking the bank. I'm honestly trying to grab all the sb that I couldn't grab before
When I saw the Jordan 3 Wizards PE sitting in the store, I knew something was up lol.
I just hope this continues for the Jordan's.. Hoping to scoop the washed heritage and unc toe later.
I've been killing it in this market. I've bought so many more quality shoes and half the price I did, let say 2 years ago. I'm much happier with my pick ups. I haven't had that sense of guilt I used to have. This market has allowed me to become more patient and get shoes for the price I want to pay. Love the videos. Keep it up. Have to say tho, a Ravens jersey would look better than that Steelers jersey.
Same, whenever I see a shoe drop to the price I want, I usually wait a little longer and it keeps dropping.
Jordan 7 Cardinal under retail. Playoff 13 under retail. White cement and fire red 3 around retail. Its great. Even went for those spiderverse 2.0 with the price beinf only $50 over in my size pre release. Been wild
All of them underrated too.
You are pretty spot on as I personally thought too. Those few pairs selling for a high price also because of the quantity drop. But I think is better to save up the money as economy may not look great down the path, got to hang on for a while. Great video.
Bro you never cease to amaze me with your takes and content. Absolute fucking fire. Legend already man.
Chu Bro, some interesting stuff to think about. I'm sort of glad it's come to this point in a way, and I hope it deters resellers from being hungous keintz 😂 so all of us who have been talking L's can at least have a better chance of catching a Dub! Chur Maori ✌🏾
Chur cuzz
Banger video as always bro keep up the good work
My g
Happy to hear this I’ve love sneakers since my first pair of k Swiss and new balnces in middle school
As an aspiring customizer I'm worried idk what designs I should put out because idk what is popular or what models are here to stay for longer than a few months.
Its really great thing now there's actually some new releases that I can afford resell value on and plenty of great sneakers on sale that wouldn't have been just a couple years back
you're the best hope you never fallin off❤️💯🙌🏽
*good time to be a collector but bad times to be a reseller😂 i also have 2 or 3 pairs which i changed my mind on or double up without the intention 2 double up and its not so easy 2 sell them ay
If you're 15 or 16 years old. 150 - 200 is still a lot of money. And spending 500 to 600 a month is on sneakers you don't "need" I would rather that my kids spend that money on playing sports, but I can't get mine to be interested in sneakers and maybe I should be happy. We should definitely be happy that sneakers are sitting, although the sneakers I want are usually around 2 K.
I just picked up some Jordan 1 High White Cement for $152 and I love it. I say fuck the hype and rock what you like.
Put that on a T-shirt 🙌🏾🙌🏾🔥
@@sneakernomics5547 bro make merch!!
Jordan 1 white cement are 🔥.
Sneaker market ≠ sneaker culture. That reselling is bottoming out is considered good news to everyone who really loves sneakers, except resellers.
I think the low prices you see on some of the sneakers is short lived because the if the resellers can't get their $20-$40 profit they will just send them back to Nike.
Your point being? For someone who wants to wear the shoes it doesnt matter wether you get it for retail from a reseller or they're sitting for retail on the nike website
With this crash in the market, i hope ill be able to cop some unc toes for retail 🙏
With all that being said, I hope the UNC toe J1s aren’t too much trouble to obtain. Great vid bro!
I saw “great news” and a picture of the thunders & immediately got excited for a restock. Still tryna hit a retail pair
The white cement 3s and thunder 4s will eventually go up, but it'll take a few years before that happens. When it comes to og colourways or popular retros from years ago like the Thunders, it's going to be more beneficial to play the long game with them rather than try to quick flip, especially since those 2 releases in particular have some of the best quality we've seen from the brand in a while, along with their shape and build being as close to the originals as they've ever been.
It's part of the reason I'm hoping to get a 3rd pair of the white cements. That being said, even if their value somehow doesn't rise by a lot, it just means I'll have a third pair to wear. ☺️
multiple sizes of thunder 4s are still retail in footlocker and im here for it
Thank god, as a newer sneaker head who doesn’t wanna dump a shit ton on starting a collection I’m glad it’s going down
I often have different opinions than you on pairs, but you easily have the best, most original, and non repetitive BS that’s everyone else is doin. Thanks… I think there’s a lot to be said about how Covid money pumped prices on pairs, and without it, lots of folks slowed down buying. I used to buy what I like, now I only buy what I love. On top of that, all these over produced reimagined pairs create too much supply for prices to do much. To me, there’s a lot of pretty dope pairs on the horizon, but the only ones I’m definitely pulling the trigger on are the washed blacks and military blues.
What a time to be alive
Though your points are on, I don’t think that’s why its a bit tame at the moment. Crisis, etc are always there. It’s more that we came out of an unprecedented high tide when in 2018/2019 boost was released, Yeezy arrived, Nike had to respond and came with off white, and adidas ruled the more high fashion with the ozweego (which was the true originater of the chunky shoe trend) from RAF Simons and the collabs with Rick Owens. Also Asics, Diadora and a couple of smaller brands peaked. So the boundaries of sneakerland where stretched like they once were in beginning 90’s when Nike / Jordan became popular. Now, with new balance popular, the antithesis of evolution and progress, there’s like a breathing period. Also because all new ideas have been realized and the dust has to settle. In 20 years we’ll probably see the next real high point again with truly new ideas.
I love the reimagined 3s thete beautiful they look amazing and my elephant print and placement of everything is almost perfect . I highly suggest copping I like mine and the prices are still up there bu5 aren't as bad as they should be for sure
This makes ne very happy cause i now have the money to build a nice collection that i didn't a year ago
Love that the sneaker market is down
Have picked up a couple of super dope pairs.
The thing is that the material cost for these shoes and the production costs are nothing like resale.
The cost of a shoe does not mean it is good or bad from a quality or material standpoint.
I dont really see the market down but hey, its great news! Props to the rep community tho, for flooding the market and making spending those inflated figures kinda silly. I've been having a ball on Stockx finally picking up some pairs I thought I was never going to get.
Surprised you started talking about 💵 over 💶 but thank you!
When Nike started killing off the 20Billion Bots , that’s when the sneaker hype slowed down. It was the BOTs that was keeping the hype going by buying all the inventory from the consumers forcing many to buy from the overpriced resellers. Many like me went to the Rep market to test the quality and was pleasantly surprised on the quality of the $60 Reps.
Don't know why but we haven't seen prices drop that much in canada..possibly cause we have limited places to cop or the outrageous tax n duty we pay on everything..but it's getting really tough due to the fact that retail for a retro j is 260 or 270 n after tax that's 300 retail..when I hear people complain in u.s about paying 220 after tax for a retail pair I laugh n say they don't know how good they have it
True for me. I have just fallen out of love for it. Sneakerculture is just about bots and big money-grab now. Resellers most have the shoes instead of the people wanting to wear them for real.
I think the sneaker market is just going through it cycles like many other goods. Things will probably pick up hard for back to school, Black Friday, holidays. We just in the off season right now
I love being sneaker head
🙌🏾🙌🏾🙌🏾
Love to be called sneaker enthusiast than sneaker head 😅
But CZcams s**ks… I’ve turned on all notifications for your channel but never getting the message that you’ve posted another video…
Great. Long may it continue
The market is definitely down right now and it’s a great thing but when you wear a 14/15 it makes no difference 🤷🏾♂️. Nothing is gonna beat that mid to late 2010s era. I still think it’s a bad time to buy shoes for big foot people.
Great vid
I have 2 pairs of the jarritos dunks.
When every sneaker tuber says market is down, etc, that means higher prices are around the corner. Probably in the fall because the earth is so warm now, everyone wears slides.
Bro. I bought J1, J2 and J3 just this year. Waiting for J4 bred in 2024. I'll pass on all the releases this year until the bred 4 comes.
Peezy jersey is 🔥
Its about time!
I’m really looking to get a pair of Oreo 5’s used because they’re cheap :) I just got a used international flight 5 as a gift and I bought the next chapter 1’s about a month ago
Very nice Video my G
Could anticipate this from the time Nike decided to release the Pandas every month last year.
1 thing i should say, the track behind is killing me, the bpm increases for no reason which is irritating and makes harder to watch. For 2 to 3 seconds it depresses me then i came back to vibe. While listening what you are trying to say, that track speed diff hurts something, i guess people can relate to that if they are not listeninf to the song and they are listening you. Other then that we love you keep up the content. Much love
So happpy the resell market is falling
Man I hate when everyone says it’s down yet most shoes in size 13 are still over 300 dollars. I guess it’s down for people with small feet.
Heres my unpopular opinion: Honestly the models I want are still holding crazy prices and are unlikely to go down, because collab/special models will always be on demand. Buying a sneaker just because its available even if for under retail makes little sense if you are after specific models, so all these crashes dont make that much difference...
I'm glad the rep market has had a impact on the market and I'm glad the market is falling off I do not care about the value of the shoe I care about the shoe I don't care about future value of the shoe I want the shoe to enjoy personally and for my self and for my collection. The only good thing about the market is that alot of shoes are readily available but the prices are damn ridiculous and them coming down to more realistic price 20 to 50 bucks above retail is fine ill pay that for the shoe I really want just cuz they are there and available anything g over that is just scalping hard and ruins it for me.
this is off topic, but do u know whatever happened to the dunk low ice that we not saw get released? it was suppose to release last year 💀
You should do a Q&A bro
I'd like to see stats with A LOT of numbers because selection bias is confirming nothing for me.
Just because 1 pair of Jordan 1s aren't reselling well, doesn't mean anything.
Jordan 1s haven’t been reselling for a couple of years now - there are very few exceptions, Jordan 4s are now falling off and if you look around you can see plenty of evidence the market is fatigued with lots of Nike product - so much so the company just decided to rearrange their executive structure to breath fresh life into their brand - I direct reaction to the symptoms I describe in the vid
Reps Creps Steps, ima Pass on those 😂
The reality is that as the economy gets bad and inflation doesn't stop, people are just less enthusiastic about their hobbies and collectibles. I've noticed in many different genres of hobbies, the price of things go down across the board. For example I watch alot of action figure collectors and reviewers, and a few of them go through eBay for resale listings of action figures, and sought after figures from a few years ago that would normally go for around $100, now are down to $50. Of course theres the exceptions but in general, it seems that people are more conscious of their money now. And I've seen some shoes that I've been wanting go down, but I even find myself just less enthusiastic about spending my money on shoes I probably won't wear much.
I've been wondering about reps because I've bought two pairs from dhgate and one pair was actually better quality than the pair I payed $275 for
Dhgate is known for having some of the worst possible reps lmao. Also reps generally have lower quality in terms of construction, stiching ect on stuff that isn't immediately visible and most people don't even really know. The gap isn't huge but I really doubt dhgate had better quality than the retails lmao
@Let Me Get Uhhh it really depends on the seller on dhgate because yes there are bs sellers who sell low quality crap but for me personally i spent time looking through multiple sellers to make sure I wasn't buying straight 💩
What's hilarious is when the rep sneaker has better quality than the authentic one...
I litteraly dont see how someone could love the jarritos over the fly streetwear sb dunks (that i hit on and wore twice now). I dont really think green and orange are nice collor on clothes especially freakin orange and the cloth brown is ugly and boring, while the fly streetwear SBs have AMAZING leather, pretty nice fuzzy blue part dunno the material but its nice, and just overal are fire AF. The detailing n shit, I dont even see how they could be comparable let alone the jaritos being double the price. But then again i really like the neckface sb and dont see how its not going for crazy money so just take my opinion with a grain of salt lol
Nail on the head
👍👍👍👍👍👍👍👍👍👍👍
🙌🏾🙌🏾🙌🏾
And it's frustrating how everyone and there mother was trashing kn the tiff 1s and I wanted a pair so freaking bad I entered every giveaway raffle and draw in the world and still couldn't hit and now 1000 plus Naaaa no Thank you
Put it 210 dollars to earn a nett 20 dollars.
SN4L!
THIS IS GOOD.
I DON'T RESELL.
The sneaker resale market has fallen off, not the retail market.
Both have - whilst sneakers are still selling there are more pairs sitting and going on sale than in the past indicating a sense of fatigue
🕳☄🏌🏿♂️
shoes are down 9$ -> EVERYBODY BUY BUY BUY!!!
Resellers finally need to get a real job. Sneaker stores who sell $100-200-300above retail are next. 😌
As a collector and reseller I don’t think the market is down, I just think it’s readjusting from the inflated prices of 2019-2021.
Love your content, Sneakernomics please comment on my comment saying hi I’m such a big fan
Don't really care for nike shoes...they look like crap😅
this is a bunch of bull
Great! Now I don’t have to buy ps/td sizes for my niece and nephew for over 100 bucks. It was getting ridiculous.
Jordan, ditch the constant music in the background. Lean more into your comedy
GREAT JOB JORDAN BUT LOOSE THE LITTLE TRAVIS BABY SHOE AS A MICROPHONE 🎤.
My dailies are court visions,adidas hoops 3.0 and gazelles obviously real cause they cheap and good,my Js are reps cause fuck giving more than retail for shoes and fuck resellers