Is the sneaker resell market really dead?
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- Опубліковано 30 чер 2024
- #sneakers #sneakerhead #sneakernews #sneakerresell
IG: / sneakernomicz
TIKTOK: / sneakernomics
in todays video we are chatting about the state of the sneaker resell scene in 2024.
whilst its true the sneaker market in general is down as people have moved on to slides, jandals and gumboots, there are still some sneakers that are performing well.
thanks for taking the time to watch the vid.
peace - Ігри
Resellers killed it for me. Tried to get a shoe retail only to be beat out by bots. Happened long enough where I just stopped caring and checked out of the sneaker game altogether
The best decision to make
Good. 👍🏻
same here but the upside is, is that you can get the sneakers you wanted easier now. prices are pretty low. its the best time to be a sneakerhead ngl
It’s not sexy any more, zero attraction
As a new sneaker head enthusiast, I’m actually very excited for where it’s at at point. For people like me, it’s exciting to be able to purchase shoes in retail and not going through resellers getting ripped off.
Did you cop the bred 4's?
@@ruckusbuckem 4 L’s but trying walk ins.
You buying BS GANG WE GOT THE HEAT FROM 2020 and back NIKE AIR and all that
@@apfhi1793to each their own.
I'm happy Nike oversaturated the market. Grabbing all these Nikes and Jordans ive always wanted on the low is incredible. Can't wait for them to do the same to the SBs lol
100%, the oversaturation has taken the control away from the resellers! Giving the average consumer who had dreams of owning these shoes as kids the ability to do so.
@@jonathanyoungblood7233how did that go for the L&F and the J4 SB?😂
Loving the fact I can go back and pick up releases I missed out on for retail or less now :)
im not complaining, i am a size 13 so its already hard enough getting my size in any hyped shoe. but i think overall hype has died on most sneakers, aside from limited collabs or special releases. its a great time to be a collector!
I’m a 12.5 so yk I know how that feels like
I concur! I’m a size 13 as well.
14 here facts I get deals
Size 13 here, happy to see the drop in desirability! Might actually be able to get some shoes again.
Im a size 9, which is like the most common.
In the Netherlands its the large sizes that are easier
I don’t think it’s dead. Just too many releases going on and not everyone can afford shoes anymore like the pandemic days. Economy is 💩 If you’ve noticed all the limited and hyped up pairs are doing well. The GRs that nobody really wants are the ones that are going at retail or below.
Facts alot of people are actually just not financially stable to get every single release that comes out which just makes them be more selective anf most of the hyped releases resellers and bots get a lot of the pairs so people just feel like people just stopped trying apart from all that tho i think that people are starting to buy fakes or reps for cheap instead of wasting 400 on certain shoes or instead of buying travis scotts but with jordan i honestly just think people have shifted away from jordan in a sense that more and more shoes are getting light or recognition like the dunks and new balances and the running shoes jordan arent the only thing that come to mind or that people want nowadays times have changed
@@georgehathaways4599 completely agree 100%. I also think that OG Jordan’s will still do well. I’m focusing more on OGs than anything else. All the other releases JB is putting out are easy passes for me, just too many unnecessary colorways on the same models.
Too many releases but also that trends are shifting to other models that are easier to get. And quality reasons.
It's not "too many"... it's the right amount. Anything that hurts the resale market and allows people to get what they want for a fair price is a good thing.
Tons of people want GR releases. So many "Hyped up" pairs are just ugly ass collabs that only sell because of who is associated with them and how the hypebeasts make 18,000 videos and Shorts prior to release.
ITS DEAD
I definitely got caught up in the hype and probably have about 20 pairs on ice.. so not desperate to buy anything, also knowing you can pick up stuff for less than retail prevents fomo. So far this year only pair I’ve had to have is the Jordan 4 bred.
I'm just speaking for the States, but if you want shoes. Buy now. Once the economy picks up next February, things should start to pick back up! if you have the funds and love buying /collecting it's finally starting to feel like it did before 2020.
I love shoes, always have growing up as a skater. When I got back into skating near my 30's when I saw resale on sb dunks I couldn't believe it. I don't necessarily want to see people lose out but if it means I wont have dramas skating a pair of dunks in the future then I'm cool with it. I just want to be able to buy a pair without it turning into a 2 day endeavour of price checking etc. All the best lads.
Bred Reimagined will go for retail. Then, go back up around a year later. White Cement 3s are starting to rise in resell.
Jordan I love your content very clean cut and easily digestible, as well as enjoyable, to watch! Favorite Sneaker head content creator 💯
Great commentary on the current situation. I, like many others, got granted EA on the Breds this morning and it was a pass. The thrill of the chase has gone and retail prices are too high
Everything under the sun ebbs and flows… as you get older you latch onto certain things because of nostalgia or because they speak to your soul… just learn to appreciate what you love and stick to your instincts. I’ll be rocking SB’s until I’m old and grey… sprinkle in a few basketball shoes for comfort and style.
I'm also excited for these new times where we can pick and choose what we want. I hope I can get the Bred 4 Reimagined this weekend since the production on them is up there.
Haven’t watch your vids in a minute because I bought a car recently, but I still follow you. Hopefully I can get back to some jays especially if the hype is low.
I’m loving it right now. I bought some DS wheat 13’s for $130. I’ve been waiting for them to drop since I’m not paying crazy resale on an ‘04 retro.
I go Manchester centre a good few times a month, I remember coming out of lockdown customer where queuing up to get in kick game, letting in 2-3 customers at time.
Forward to end of 2023 I barely see anyone in there at all. Not saying there not selling products still, but it has me wondering how much longer they can afford to pay the rents in Manchester Arndale and pay wages to staff. Hopefully they stay above water because I wouldn’t like to see people out of work
I just bought some Asics Gel NYC and they are amazing. So clean looking. Getting tired of the same ol jordans and dunks nowadays. Great video man
Just picked those up too. Saw them on weartesters and they are a really good shoe for both looks and comfort.
No Dunk SBs have tickled my pickle at all yet this year. They may be stable but the creativity and colourways are just unbecoming. BUT I'm still happy I get to pay retail for them. Even if retail at £110-120 is dumb
The fact that the Jordan 3 fears are sitting, tells you the market is dead
WHAT UPPPPPP JORDAN from the US hommie love your vids
Sneaker resellers mostly have a short resell window before debts catch up. Buyers have realised that and are now actively gouging scalpers where possible.
The fact that the sneaker market is down, is DOPE. The "resale value" means nothing to us true sneakerheads. I've been able to get the last 4 or 5 "big releases" at retail.
I agree 100% with your takes on the market now. For all fellow sneakerheads this is the time to buy the stuff you like.
My last pickup was the Reimagined Bred 4s, which I got off SNKRS. My last pickup before that was the Cherry 12s, where I literally just walked into a Nike store and bought them off the shelf. That would have been unthinkable immediately before and during the pandemic.
We are definitely in a downturn, my observations have been the same as yours. some pairs of course are holding value (SB’s) but the saturation is crazy. another factor is jordan’s have been steadily increasing their prices, but not their quality. But as someone who just wants them to wear i’m happy all the resell is dying.
Sneaker reselling like a business is the issue.
Love the new look bro!
Great content!
White cement 3s stayed for a while at $270 when they dropped for men’s size 11.5 now they are up to $335 same thing will happen with the bred 4s.
a few reasons, reps are 1:1, like seriously need an expert authenticator to be safe buying secondhand (still margin for error), collab shoes are not innovative enough to drive hype, extreme market saturation, and declining quality in sneakers
Almost dead... which makes Og' sneakerheads insanely happy'..we love the classic way of going to the mall and buying the shhhh u want cash n hand
I heard you mention Newcastle dunks are these the brown ale’s from about 15 years ago? I’ll have to dig my pair out.
Always been a stay in my lane typer guy so will always and forever be a jordan retro fan till i die.
Well the bred 4 take was absolutely horrible 😂 them joints sold out INSTANTLY EVERYWHERE and are already a over $300 shoe.
Absolutely have to give you props. The thing you said about crocs last night and then just this morning heard the share prices of CROX went up since it beat earnings. On point
Video on point just gotta get creative with the resell buy discounted items or just sell locally with no fees
The Bots, the resellers and stuff like that. Aint worth my time.
I'd like to see basketball shoes coming back into fashion and I'm not talking Jordans. I liked it when everyone was rocking different ball shoes. LeBron 8s etc.
I sold most of my Nike sb dunks 5 years too early.
Sold em for DIRT cheap.
Worn 2x Tiffany’s OG all for $475 shipped for example.
It hurts to think about.
Sorry your views are down, but I REALLY APPRECIATE the memes and shorts/instagram reels you've been putting out over the last few weeks. Super enjoyable!
This dudes shorts are ALWAYS watched🎉
It cycles. Itll go through an explosion when something happens to draw attention to sneakers and the masses jump into it. During this last wave we had Last Dance release, then the pandemic so people weren't doing some of their normal activities and there was a spotlight on sneakers. But all those new enthusiasts eventually buy so much or get bored and the market slows down. In 2011 when the Concord release garnered a ton of attention it became a great market for resellers that lasted for years. It was really just slowing down when the pandemic hit. In 3-5 years there will be something to put attention back on sneakers and cause masses to jump into it. And resellers will be back to grifting again. Just how it goes anymore. Enjoy it tho, its the best time to be a sneakerhead.
The nike air 180 ultra marine is dropping this year.
The tech challenge 2 & 4 also.
There will be a lot of buzz around with us older sneaker collectors.
I was selling during the golden Yeezy era, I made my thousands during that time & kept a couple pairs for myself. What a time. I knew it was over thats why i left. It will not return for a very long time
I love the wide skate shoe trend that is kind of coming again.
The bots that get 100 pairs of a particular shoe per person are the issue. I resell a little but only one or two pairs a month and that’s only to get the $ to get a pair I really wanted I didn’t cop.
It’s the wholesale bot farms to blame
I always say this….. I will never understand people that send their shoes to a company for consignment with all the risk on the owner of the shoes and not the store. Seen way too many stores run away with money and shoes.
During the pandemic alota people that didnt collect started. That kind of passion dont last... Also resellers both sold AND wore cool pair. Now everyone want to sell and none wanna wear.
after expenses(rent, payroll, and utilities) Profit margin are slim if any
Bred 4’s reimagined are so sick. I hit on the shock the drop in toddler size for my daughter. I’m so jealous, they 🔥🔥🔥
i wanted to start reselling not only sneakers but reselling in general is it worth?
Thanks for your honest feedback..
Did you manage to grab the Bred 4 on the shock drop? And do you plan on grabing a pair on relesase?
I haven’t gone into any raffles and didn’t catch the shock drop but I’ll prob go for them on Saturday
@@sneakernomics5547❤
I’ve been getting shoes 50% off on StockX for about 2 months now
Whole thing is down. Footlocker is stocked full with dunk lows on the walls, some reissues too. As far as 4s go.. I heard that both the breds and military blues would be easy to get but got all Ls on both and I tried pretty hard.. So someone is buying them. I’m happy Jordan 1s fell off. Maybe some that still have some hype will drop in resale prices soon.
Resellers killing the market for most people.
Resold for a bit back in 2016-2019, at the end of the day all I wear now are Vans and Mexican huaraches lol Supreme is dead too
I agree with you bred 4s will stay bricking real close to retail for very long period of time
Nike is mainly down due to the price. 225 is the standard for Jordan's that way to high. Nike running sneaker like air max tn are 185 retail. You could get a new balance for 150. Asics are going for 130. Nike need to make there sneaker more affordable. Adidas basketball sneakers are 120 and Nike book 1 are 150. Fix the price Nike.
🤫 the first rule of the SB Dunk resell market is you don't talk about the SB Dunk resell market 🤫
What’s the best thing to do if the consignment store doesn’t give you money on your sold item or if they lost it? Small claims court?
Do you do Ju jitzu when wearing those uggs 😂, all jokes aside I feel some shoes are regional for sure dont see anyone wearing Uggs or Cortese here in Cali, Shit for a while when you said Cortese I thought you meant Cortez,in my head I was like man the old skool Cholo shoes were back in style.
I've seen some hate towards the J4 Breds but honestly I copped them for retail and I love them! Ngl it's my first pair of Bred 4s but I do love the leather on them, they seem overall better quality than past year jordans as from what I heard it's close to the design of SB 4s. Also leather is so easy to clean which is always a win, one of my favorite shoes are the J1 high university blue and I just dislike how easy the suede gets dirty and how cleaning them damages the shoe (even tho it's a little). Overall great pair. I'm not saying it's a loss if you passed on them and even more if you have the 2019s but this is a pretty solid one. Cheers!
This the best thing that can happen to us to get the shoes we want instead of paying resellers bruh
Only very hype shit sells, I cannot get rid of metallic red foams size 10.5 for retail or close to it
I stole some nike sb gucci editions from the appalachian state university gym. I had no clue what shoes were, but i sold them for 600 😂
Im my opinion the resale market is alive and kicking but shifted the hype to other models. Like the ones you mentioned and also NB or Salomon collabs.
Had to circle back, forgot to leave a like
The game has changed. Just have to adapt to changes. There are so many deals as retailers look to move inventory, that’s an opportunity. Now it’s about moving sneakers for less profit but moving more volume.
People are very desperate trying to offload their pairs they’ve been holding for sometime. They’re taking 100$ losses on most shoes, they keep undercutting until the shoe is 100 below retail, it’s quite laughable
We can only hope.
As an old head that doesn’t have social media or give a shit about what’s trending, I’m loving be able to walk into a shop and see 1s and dunks sitting. If the quality of materials was a bit better I might actually buy some. Nice to see ‘em sitting though
Good day sir, so you mean you still don’t like buying even tho it’s sitting in outlet shops bcoz of the quality of material right?
@@jaybesey7249 yeah pretty much, some of the sued dunks are nice but generally the quality of most GR dunks is terrible. Same with 1s, some have nice leather. I’d rather see em sitting on shelves in a shop then only available from resellers. But it is nice to be able to pick some beaters for retail
People don't want to pay these resellers out of principal. They are the reason we can't get the sneakers we want for the price we should be paying. Imagine people started buying up all the food at the stores and reselling it. Would that be cool? Nobody likes these type of people it's very selfish.
Reselling old or refurbished sneakers is great but just buying up all the new releases so real customers can't get them unless they pay overs is real shitty. It's not just sneakers, even cars, watches, anything desirable and the public are over it.
Jordan's sold out instantly so all these scumbags can make 20 bucks if that. Embarrassing. They are sad people who must be very lonely if they get a kick out of that. Infact I haven't seen a sneaker reseller who doesn't look like they live in their moms basement. It's pathetic. And UA-camrs who hype this type of shit are just as bad. Society is broken it's all self. Where's the love at these days I ask you all?
@Sneakernomics Would you consider this/now as the so called sneaker fatigue which happens atleast once or twice every decade?
I think Yeezys were really big on the resale market. With that somewhat dying off that def killed it a lil
Love this channel but the Bred 4 take didn’t age well, high resell was easy to forecast on those. But for the most part you’ve been right on the other stuff
Yeah bricking was a hot take although a few smaller sizes did indeed brick - intact I can still cop a pair for my girl as I tap this out but that’s to be expected and resell isn’t really high in fact most popular sizes are selling around 40 or 50 over which isn’t bad
I hope so. I've never bought from a reseller and never will. I get all mine at retail.
I’m a huge Jordan 1 collector. Tgis trend has been amazing for me,
How many times can you pop a profit on a pair of SB Dunks? It’s just an elaborate ponzi scheme with footwear attached. Eventually somebody is left holding the bag with a product that can only be liquified at a loss.
I’m glad the market is down.. I hope it stays down I got everything I wanted last year 🤩🥳🙃
I hope it stays dead, tired of missing out and paying over retail for shoes that were regular in the 90,s and 2000
Along with the comfy sneaker trend I have seen a lot more people wearing running shoes casually. Younger running brands like on cloud and hoka have seen lots of success.
Just passing by. All the things he mentioned, I don't have them. But you can't buy swag. It's either you have it or you don't. Even if you have the drip but you look goofy wearing it, what's the point.
I hope the bred 4 reimagined go below retail so I can cop a pair
Lmao bro it ain’t that deep everybody broke as shit point blank period 😂but the spin is like you said way too much garbage is coming out. How many white based Jordan’s are they gonna drop before they get the picture don’t nobody want or need them. I don’t even buy Jordan anymore besides maybe 1 or two must have drops besides that I’m over Jordan. I started coping SB’s last year for the first time I haven’t looked back!! Unloaded 80% of my Jordan’s and I went from no SB’s to prob 25 DS SB bangers.
Crazy I did the exact same thing…a pair of J’s like maybe 3xs a year the rest straight SB dunks and Blazers fell in love with EBay all over again
For me it is. I could care less about sneakers, I travel the world now. Much more fulfilling hobby
It'd be nice if I could buy on StockX instead of constantly seeing way lower bids taken over mine. But hey.
Agree with everything you said, without equivocation.
It’s a good thing for actual sneaker heads😊
Resellers absolutely killed my passion for sneakers
That’s bc it fell off bc it’s no longer unique and everyone knows about sneakers and sneaker companies are coming out with reissues and different color ways.
Now I find ppl. are on hype and follow ppl. on what they think is dope. But back in the days ( mid 90’s) ppl. picked certain sneakers and set the trends vs the other way around. So now it takes a special shoes to turn heads bc so many are into the sneaker game.
Key point bc I’m actually a young boomer, when everyone is on to something, it’s already done and over. Meaning I’ve always been j to trends, but once everyone jumps on it, I’m over it and in to something else. Bc to me it’s no longer cool and everyone and their mom have killed it. Back in my days, a few ppl. set the trends and they seldom followed others. But now, bc of the internet, everyone know what’s hot and everyone jumps on. Sad bc ppl. now think they are original, but actually millions just following the same ppl. and all looking the same and not really unique.
Oh and that goes for sports caps too.
Jordan Young named after the GOAT and the GOAT funniest sneaker reviewer on UA-cam
Man I really hope the 4’s brick. That would be awesome
I really feel with Jordan's. In particular people aren't buying because they're at that retail price increase
Absolutely
I'm rather proud of myself. From someone who bought a pair every single week I've not bought anything since the nba edition ishod. I need those new sb air max ngl. 43 and have zero money. So I'm saving.
i hope we get the cheap comfy shoes again like we did in 2017
I will never give any reseller money, especially for a pair of Crocs. Crocs always has restock on there clogs.
Sneaker game gon off because how many colours of Jordan 1 / Jordan 4 / Yezzy you can buy ? When it started shoes drops were rare. Now there is a drop literally every day. You can’t keep hype at such high level when you expect people to buy shoes every week. Not everybody is sneaker UA-camr and needs to have shelves full of shoes in background. To wear off 20 pairs of shoes you need 30 years 😂😂😂 I’m still rocking my 3 years old swade AF1. Every time i put them in washing machine I hope they gone die. And when I take them out they look almost brand new and I can’t justify dropping them.
Good times for sneakerheads!
also it was artificially inflated and unsustainable new hype to begin with because everyone was locked down online shopping with money in the pandemic, and lots of new ppl getting into the sneaker game out of hype boredom and to make money. ppl dont give a sht about shoes anymore once we went back to normal with other real better sht to spend it on and more important things to worry and spend time and money on (rent, food, socializing/going out, vacations, etc), and all the ppl in it for money realized that there isnt any real money there once we are back to normal and left, overalll resulting in ppl caring even less about shoes than pre pandemic