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Feel for them? I am them....!! I am just telling you why shops are charging that much, and its because they can. It being right/wrong/ethical has no impact on supply and demand. Blame resellers, blame hype, blame whom ever you want, but as long as 5k - 8k people are willing to pay top price (be it $1500 or $5k) stores are dumb to not sell them for as much as they can. If the market decides they are charging too much, then the shoes will just sit on the shelves...but we all know that wont happen. I bet I could sell out at $2k a pair....as of this afternoon I personally know 5 stores that are going to release the shoe at $1000 a pair, and they are even thinking of upping the price.Originally Posted by DWalk31
Not that I like going back and forth, but Im bored... The store's cost of the shoe is maybe around 132...nike's cost is maybe 30 or less...You believe that the stores are ok to sell for 1500? and then resellers for more?Originally Posted by DublBagn
Originally Posted by DWalk31
Dude... by your logic, Nike is stupid to sell them at the price they do to shops...you do realize the shops arent paying $245 for them. And the Ferrari comparison makes 0 sense. If the MSRP for a new ferrari is 200k would you pay 10x the MSRP at a local dealer (that's 2 mill..no you'd probably negotiate for LESS than MSRP). The stuff being said in this thread is really absurd. By your logic resellers and shops could make the price whatever since they are an "instant sellout" why not 5-10k why stop at 3. You guys must realize they can only charge what the consumer is willing to pay. Sadly from the looks of this thread ppl are happy to pay whatever lol. 1600 "good deal"
Nike IS stupid for not charging more...! why do you think all your jordan prices are going up? you think over 6 years jordans have become $40 more expensive to produce? nope, nike wants a bigger slice of the pie. And to answer your question of "do I realize if shops arent paying $245 for these"? well since I have worked in the sneaker industry for a long time now I am going to hip you to something. The stores "cost" of a nike shoe that retails for $245, would be around $132.50 since its a nike shoe. But did you know the stores that get them are the stores that take all the extra BS from nike? the same store that ordered 10K in horrible almost unsellable AM90/AM95/AM1 colorways gets the equivalent to a little gold star on their account, the rep remembers when a store buys $50k in horrible air jordan fusions (that they will ultimately sell at a discount), thats why some stores get preferential treatment. So whats wrong with the store realizing maximum profit from a desirable product?
and if the market allows for $5k or $10k then thats the price......and do me a favor and try and get a Ferrari for under MSRP, people pay thousands and thousands of dollars to be first on the list to buy a highly sought after Ferrari.When you say "if the market allows"... you do realize that means if us as consumers are willing to pay the outrageous prices which again means that the buyers have the power. In fact the stores taking a L on shoes all year shows that the buyers have the overall say. I've been collecting for a while, before all of this hype surrounded every semi interesting release. Stores did not sink, they found ways to be profitable without charging 6x retail. Clearly the shops and ppl like KRISPACINLA have you exactly where they want to. Not only are you ok with it, but you feel for them. But to each his own...BTW you can get a ferrari for under MSRP all day every day...ppl definitely arent paying 6x MSRP before they release, but again whatever. To each is own, hope you get em!!!
I think you are confusing what is morally right and what is smart business.....is it better for the store to charge retail and sell their 15 pairs (5 of which go to people who will wear them, and 10 go to a reseller) and let the reseller make all the money? why cant the store just cut out the middle man and reap the benifits of obtaining a highly sought after product?
If you use your line of logic, then nike should just make enough pairs for everyone who wants them....hell lets say they make a million pairs, I would be willing to bet that you would not wanted them then. But this entire situation (discussion/argument) comes down to what you think is fair, be it the way the stores release the shoe, the number of pairs that nike makes, how much profit should be made on the sale of the shoe. Take it a step further, is it fair to a guy with a family that he cant wait outside for a week since he cant miss work, is it fair to have a raffle when some people are willing to devote a week or more of their time to wait in line to guarantee they get a pair. Is it fair that stores want to make money, or it only costs nike 10 cents to make this shoe, or is it fair for the underage kid in china who is making these horrible things? The answer is yes, no and maybe all at the same time. The market wants to pay a billion for this shoe I will sell it for a billion, if they decide its not worth the $245 then it will sit. Everything else is someone making money, and it sounds like you are upset about who ends up with these zero's in their bank account.