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- Nov 20, 2011
As I mentioned in a previous post, 30% ROI on any "investment" isn't bad by any means. I think people are dogging reselling for a few reasons. One being that a lot of people actually WANT the shoe to WEAR, while resellers (with bots, backdoor connections, etc.) all get multiple pairs and sell for max profit, especially here on this forum. It is a "community" that originally started as a place for sneakerheads to talk / work together, but now it is basically resellers heaven.
Next, I think it is important to realize that while you made $60 profit (or whatever), if you value your time it actually comes out to less than $60. By the time you buy them (locking up funds, if that is an issue - which it is for some people, or the cost of the bot / ATC if used), then you pay for shipping to you, then receive and possibly store them (not a problem for a couple pairs, but if you are a "full-time reseller" you may need a lot of space), then have to list them on eBay / StockX / GOAT / PayPal which all have their respective fees, shipping costs to those venues or directly to your buyer, and even then may need to go through the headache of someone filing a claim / chargeback.... you can see why some people don't really think it is worth the $60 "profit".
The dollar profit is $60 but whats the economic cost? Time, gas, hassle..... It reminds me of when people line up for black friday deals a few days ahead. Instead of sitting in the cold, I could work those three days and have enough money to where the discount doesn't even matter. Comes down to is the $60 worth your time.