Kanye was broke a few years back...now worth 1.3 billion after his financials were looked at (he claims 3.3 billion). Makes >140 mil from yeezy brand a year.
I can absolutely see that. They sell out of mass releases of everything. Every Yeezy release is pretty much a guaranteed sell out at retail. That type of business model is going to net a ton of profit. Wish they’d release another season of clothes.
i usually defend you but you’re one weird dude at times with what you feel the need to attack. I didn’t dick ride anything and I did not vote for Trump. I was just amazed his shoe line profits that much and pointed it out in a shoe thread on a boring Sunday.
Glitch on stockx this morning ticked me off. Looked up the turbo greens to see they lisf a 12 at $250 ask. I click buy now three times and instead of purchasing it stockx shows I made a bid. Finally I went to look at all asks and notice there isn’t a $250 ask for a 12. I was thinking I was getting a steal lol
These are nice and clean. Never really got into any sb until this year but at the price point why not. Purple box is prettier than the shoes
Is there a way to contact StockX about a specific purchase or do you have to use the random 'contact us' thing? I had a bid accepted the 22nd and it still shows as waiting for seller to ship. With everything going on Im not trying to be a dick and I understand some delay but also they accepted my bid that had been out there like 25 days. I feel like if you accept a bid you should be ready to ship within 24hrs. Its not like you were caught off guard by someone buying your ask.
I had that happen recently. I let it go 2 weeks before I emailed them. They said they'd already received it from the seller, it just hadn't been scanned in. I think the shipping issues is causing issues with their updating system. The seller has probably already shipped.
And if's a reseller that sells pairs daily, I don't he's going to make a special UPS trip for your pair. He'll wait to see if anything else sells so he can do all at the same time.
Its not outrageously long but I mean if you order something you dont want almost a week to go by before its even shipped. But really the only reason I was asking was because I thought StockX only gave the seller 3 days to ship. I guess technically weekend days dont count like dbl said.
I get it I’m just saying but with everything going on right now shoes not shipping out right away seems really low on the priorities meter.
That was kinda my point. Im not dying to have them or anything. If I bought them off of someone's ask I would have expected a delay because maybe I caught them off guard and with everything going on they were in a situation where they couldnt get them out for a few days. But with them accepting a bid that had been there for weeks I feel like there shouldnt have been too much of a delay. You knew when you accepted the bid you only had a certain amount of time to get them out. If you cant do it, dont accept the bid.
It seems like every time I bid the seller will often within an hour lower their ask halfway to my bid. Sometimes it’s only $5. I’m not negotiating so I usually immediately delete my bid. I guess the same could be said about me but I’m not playing games over 5 or 10 dollars when I make a solid bid at the price recent pairs have sold at. StockX has caused buying secondary to explode in price. If I got those turbo greens at the error price of $250 it’d have been over $300 with tax and fees
StockX has caused resell prices to come waaaaay down. All pairs used to end up in a few hands. It was all huge resellers bc the average guy didn't have an outlet to sell anything. Now every 14 yr old looking to make $20 can do it. Resellers hate them for a reason and it's not bc they raised their profits.
Professional reseller - "I'm asking $750. Don't like it, cool. I'll wait until someone offers $750. It may be 2 years, don't care." Broke dick flipper - "I'm asking $750. I'll take this $400 offer though bc I have rent due next week."
I used to be able to get most anything I wanted for 40-50 over retail. It’d be from the kids you say now only can do it due to StockX and others who got a shoe and either didn’t like the cw or needed quick money. StockX was extremely far from the first Avenue to allow random people to resell sneakers. It made it harder for the crooks that used to be in the business but it did not lower prices. Pre StockX I wouldn’t have to pay $400+ for a GR non OG colorway Turbo Green. Not looking to get into a long debate but I’ve bought sneakers for years and that’s only my experience
I wanted to give a huge thank you to Kylebw1 him and I have butted heads in the past. He knows a little about the shit this has brought on to me personally and reached out. He surprised me with these. Like I told him they are more than a pair of shoes. They are an amazing sign of kindness. Thank you I will never be able to tell you how much this means.
I mean, you're wrong. I don't know what else to tell you. More sellers = lower prices. Many many many pairs end up with people content with a $50 flip. That's why prices stay low for a long time. After they dry up, the true resellers with the funds to wait it out are the ones left holding the pairs. StockX isn't why Turbo Green prices have doubled in a year. They doubled bc the broke dick flippers offed their pairs and now only the pros are left.
I had an order with uban outfitters on April first and still hasn't shipped. Can't get a person in phone and have a Twitter, email, and Facebook combo currently going. So that's cool. I want the items or I'd cancel the order
More avenues to resell equals more resellers equals much much less of a shot at securing at retail. We all know dblplay has yet to be wrong during his time on earth and I’ve already said I’m not looking to argue so as always you know everything and are right. I buy at retail or close to it. Tell me all day how that’s easier now and I’ll agree with you as you can’t possibly be wrong.
That’s awesome! That’s why I been part of this community since the beginning, good people whether you agree or disagree on whatever bullshit, we usually still look out for one another
Bots were around long before Stockx. Now a lot of pairs end up with avg Joes content with a few bucks, not a professional reseller looking to maximize profits and willing and able to hold the pairs long term. Pairs going to avg Joes is a good thing.
FWIW Nole96SC i sold a pair 2 weeks ago and sent them the next day, I live literally 30 min from StockX headquarters, and just got the email that they received them today
Huh? Prices in shoes normally go up significantly over time. Look at the Turbo Green aj. They were $175 for a long time. They are $380ish now. We're talking one year. A lot of early sellers lost money or barely broke even. Hell I sold 2 pair at $200. The guy that held them have made 150% profit while those that sold early broke even. So yea if you can afford to sit on the inventory you normally make a nice return.
Turbo greens have gone way up in a large part because of how many people are posting them on nt and Reddit. Every tenth post on reddit is turbo greens. Over a million people go to sneakers on reddit. People are realizing they’re a good looking shoe that works with a lot of different lace colors. Also the time of the year. They’re a good spring/summer shoe. I’m surprised these court purples (working from home wearing mine today) are as cheap as they are but I bought a second pair. They’re a good looking shoe and they’ll be a pair that goes up quite a bit I believe. there’s pros and cons to holding versus the quick flip. I’ll never be a reseller but if I was I’d quick flip and go volume with every bot imaginable. Some of these guys would rather keep a pair another year than accept $10 less than their ask. That’s idiotic but it’s their shoes
It's no different than stocks. Some people day trade, make 2% and they are out. Some people hold for a year and make 100% profit in a good year. Are those people idiotic? Fuck no, they doubled their money in a year. idk why people have a hard time looking at shoes the same.
It isn’t one to one. Sell ten shoes quickly with $60 profit. $600. Sell one pair after a year or so at $200-300 profit. Flipping quickly or slowly there’s pros and cons to both. If I was a pro and that was my source of income I’d go quantity and quick flip and make more money. If I was doing it as a side hustle I’d hold onto it. Less work and still make a little profit. Flipping more and doing it quicker can make more money in the long run. Either way there’s profit. If done right quick flips will make more money.
it’s a lot harder to get 10 pairs of a limited/hyped sneaker than it is to just buy more shares of a company
Right, but in his scenario. he would prefer to buy 10 and flip quick for $60 a pair. If he can get 10 to do that, he can get 10 and sit on them and make $3k in a year. And it's not just hyped sneakers. Turbo Greens were not hard to get. You could get them in the $180 range for months. Now they are almost $400. AM1 Size? Safari. Could be bought for $250 for months. Now $500. https://stockx.com/nike-air-max-1-safari-2018 AM1 Curry. They were $80 at one point on ndc. $100 a year ago. $200 now. https://stockx.com/nike-air-max-1-atmos-curry-2018 AM1 og reds. Restock pairs were $110 on ndc at one point. Now $300. https://stockx.com/nike-air-max-1-anniversary-red-2017-restock This pair was dirt cheap on every sit on the net for a looooooooong time. Offers of $250-300 now. https://stockx.com/nike-air-max-1-white-platinum-gum I can go on and on and on. You can double or triple your money on a ton of non-hyped sneakers. I'm not talking about OW and Travis Scott shit.