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I'm sure they didn't want this shoe to be LESS exclusive if that makes any sense. These are supposed to be one of the mostOriginally Posted by King Au
the way they did it is way more efficient when you think about it in terms of just raising money. the shoes go for 20 times their value. they use less materials, less distributors no riots and they probably end up raising just the same amount of money if not more.Originally Posted by zapatito007
Originally Posted by pr0phecy718
its for the parkinson's research foundation, bro.
But I do agree that they should have released this to the masses
yea its for parkinsons but they could of released it n sold them 400 n gave there end of the money lets say 200 a pair to parkinsons, and could of made more money,,,, sucks
I'm sure they didn't want this shoe to be LESS exclusive if that makes any sense. These are supposed to be one of the mostOriginally Posted by King Au
the way they did it is way more efficient when you think about it in terms of just raising money. the shoes go for 20 times their value. they use less materials, less distributors no riots and they probably end up raising just the same amount of money if not more.Originally Posted by zapatito007
Originally Posted by pr0phecy718
its for the parkinson's research foundation, bro.
But I do agree that they should have released this to the masses
yea its for parkinsons but they could of released it n sold them 400 n gave there end of the money lets say 200 a pair to parkinsons, and could of made more money,,,, sucks
I am just taking a shot in the dark, but while I see your thought process, I think you also need to think about Nike's manufacturing costs. In this instance the 1,500 pairs was probably a number that Nike was comfortable with footing the bill on their own, since their main goal in this instance is helping out the MJF Foundation...not profiting. So I don't think they had a set number in mind in order to make these "limited", they just knew the production #'s wouldn't be that high. Tinker also made mention of not releasing THIS shoe again as not to devalue or commercialize the shoe/event any more than it already has been. They needed to keep any benefit to Nike (monetary mostly) to a minimum as to enhance the charity portion of this release. And keep in mind as well that each auction starts off at $.99...I don't think Nike set up any kind of MSRP/price point for this as the charity benefit was the first thought for them, not putting any emphasis on what it cost to produce the shoes or anything of the like. Since, as you stated, there is no middle man, so there is no real way to recoup production costs...and everything hits MJF Foundation. Hope this rambling makes sense guys lol...it's 4:33am and I'm trying to get to work!Originally Posted by WallyHopp
I just got to thinking, what are production #s like for other limited shoes? or even GRs?
Let's say at the end of day 10, there is $5.5 million in donations. At $450 msrp, and 100% of that going to the Parkinson's fund, you need about 12,250 willing buyers.. Is 12,000 a decent supply #? If Nike took half the $450, even then you would need about 24,500 interested parties... If you lower the price to $275 with 100% given, you would need an even 20,000 pairs sold.
I've never been too keen on production #s or units sold of other shoes and genres so I don't know if 20,000 is feasible at such a high price point...
i don't know if this method we see now is more about raising the most, as it may be about getting rid of the reseller middle man. Anything retailing at $275 to $500 may have resell value in excess of $1500.
Resellers have really screwed the common consumer here, and possibly themselves with their tactics that Nike didn't want to deal with.
I am just taking a shot in the dark, but while I see your thought process, I think you also need to think about Nike's manufacturing costs. In this instance the 1,500 pairs was probably a number that Nike was comfortable with footing the bill on their own, since their main goal in this instance is helping out the MJF Foundation...not profiting. So I don't think they had a set number in mind in order to make these "limited", they just knew the production #'s wouldn't be that high. Tinker also made mention of not releasing THIS shoe again as not to devalue or commercialize the shoe/event any more than it already has been. They needed to keep any benefit to Nike (monetary mostly) to a minimum as to enhance the charity portion of this release. And keep in mind as well that each auction starts off at $.99...I don't think Nike set up any kind of MSRP/price point for this as the charity benefit was the first thought for them, not putting any emphasis on what it cost to produce the shoes or anything of the like. Since, as you stated, there is no middle man, so there is no real way to recoup production costs...and everything hits MJF Foundation. Hope this rambling makes sense guys lol...it's 4:33am and I'm trying to get to work!Originally Posted by WallyHopp
I just got to thinking, what are production #s like for other limited shoes? or even GRs?
Let's say at the end of day 10, there is $5.5 million in donations. At $450 msrp, and 100% of that going to the Parkinson's fund, you need about 12,250 willing buyers.. Is 12,000 a decent supply #? If Nike took half the $450, even then you would need about 24,500 interested parties... If you lower the price to $275 with 100% given, you would need an even 20,000 pairs sold.
I've never been too keen on production #s or units sold of other shoes and genres so I don't know if 20,000 is feasible at such a high price point...
i don't know if this method we see now is more about raising the most, as it may be about getting rid of the reseller middle man. Anything retailing at $275 to $500 may have resell value in excess of $1500.
Resellers have really screwed the common consumer here, and possibly themselves with their tactics that Nike didn't want to deal with.
Have been bidding the last few days. They seem to all end within 100 to 200 dollars of each other. Best bet just max bid one pair and go with it. Remember it goes to the MJF foundation so a few extra bucks spent goes to a good cause at least.Originally Posted by Matt Barkley Heisman Number 8
mugen - is it possible to figure out what hour is the best to buy?
Have been bidding the last few days. They seem to all end within 100 to 200 dollars of each other. Best bet just max bid one pair and go with it. Remember it goes to the MJF foundation so a few extra bucks spent goes to a good cause at least.Originally Posted by Matt Barkley Heisman Number 8
mugen - is it possible to figure out what hour is the best to buy?