Well today, I was amazed when I came by a fellow blogger, someone else who writes blog, about the same topic I am except more specific. This person wrote about sneakers and it's values and I couldn't agree more on what they wrote. Here's the article source/website if you want to take a look: http://www.sneakerplay.com/blog/ayanti/8968/.
"The sneaker exchange network (the constant buying and selling of sneakers) has certainly felt the effects as the closets are emptied and that sneaker that was once considered a grail is now simply a pawn to be moved." After I read this quote, I already knew how in-depth this blog post would be. It is so true, over the past years and as a sneaker collector, I noticed many things and this quote couldn't explain it more. When times of desperation comes, regardless if the sneakers were your grails (your favorite or most desired sneakers-usually took pretty long to get), you would let go and sell it. That's just how it is, when people go to college, need money for books, buying a car or simply need money because they no longer have a job, they would sell even their most prized posession sneakers. Honestly, I'm just the same, I have owned many pair of sneakers myself and a few of my favorite, but as I can clearly see, they no longer exist in my collection. However, sneaker collectors will always be sneaker collectors, no matter what they will come back to it because like I said in one of my earlier post, I was able to quit the sneaker game for a year or so, but eventually came back and became once again, hooked! I am pretty sure that a sneaker collector would buy their grails once agian when they regain that extra money they are able to spend upon sneakers. In this tight recession setting, a lot of people say that people take advantage by buying sneakers at low prices and selling it for high. This is however true, but not entirely. Buying sneakers for low prices and selling it for higher have always been the case for re-sellers of the sneaker society. What I've noticed, even during the recession, sneaker prices are still the same, they are not dropping what-so-ever. In fact, some are even higher. It's all about the hype and what the sneakers are associated to. The prices are not really made up by the seller, it is made up by the buyers or the consumers of the re-sellers because no one would buy it if their not willing to fork over such high amount of green. Therefore, the price doesn't drop but may even raise because other buyers who have that kind of money would start to outbid each other and give the sellers what they want, the price they desire! It's all about how much consumers are "willing" to pay. Otherwise, re-selling wouldn't even exist because the sellers could put up their price but no one would deal with it. It's unfortunate for those who wants the "hyped" up pair of sneakers but doesn't have that kind of cash to add on top of the retail price it went for.
Back to what I said about "what the sneakers are associated to." By that I mean like is the sneaker related to anyone famous, created by any popular artist, band or whatever the case may be, something exclusive. Take a look at the newly released hype series of Air Yeezy's. They run for about 210$ retail which required sneaker-heads or just people who wanted them or who wanted to make money to line up/camp out for days and nights before the store actually opened up and sold the officially. That's the kind of hype I'm talking about, even in cold wintery weather, these guys would still be out there just because of those sneakers and the one and only, Kanye West. Yeezy could care less if you rock his sneakers or not, sell his sneakers for a higher price or not, your only making him that much more famous and hyped. This is not a offense to any one out there who bought these, I'm just giving a example.
By the way, the arthor of the blog-post http://www.sneakerplay.com/blog/ayanti/8968/ had given examples such as the one I gave above so take a look. I would rate this like a 9.8 out of 10 for a blog grade. It really defines what sneakerheads do with sneakers.
For those of you who haven't seen the Air Yeezy's, take a look: image source:http://dimemag.com/wp-content/uploads/2009/03/nike-air-yeezy-closer-look-00-480x360.jpg
http://sneakersandshoes.files.wordpress.com/2008/04/nike-x-kanyewest-air-yeezy-lol-part4.jpg
http://nikeairyeezys.com/wordpress/wp-content/uploads/2009/04/nike-air-yeezys-black.jpg
"The sneaker exchange network (the constant buying and selling of sneakers) has certainly felt the effects as the closets are emptied and that sneaker that was once considered a grail is now simply a pawn to be moved." After I read this quote, I already knew how in-depth this blog post would be. It is so true, over the past years and as a sneaker collector, I noticed many things and this quote couldn't explain it more. When times of desperation comes, regardless if the sneakers were your grails (your favorite or most desired sneakers-usually took pretty long to get), you would let go and sell it. That's just how it is, when people go to college, need money for books, buying a car or simply need money because they no longer have a job, they would sell even their most prized posession sneakers. Honestly, I'm just the same, I have owned many pair of sneakers myself and a few of my favorite, but as I can clearly see, they no longer exist in my collection. However, sneaker collectors will always be sneaker collectors, no matter what they will come back to it because like I said in one of my earlier post, I was able to quit the sneaker game for a year or so, but eventually came back and became once again, hooked! I am pretty sure that a sneaker collector would buy their grails once agian when they regain that extra money they are able to spend upon sneakers. In this tight recession setting, a lot of people say that people take advantage by buying sneakers at low prices and selling it for high. This is however true, but not entirely. Buying sneakers for low prices and selling it for higher have always been the case for re-sellers of the sneaker society. What I've noticed, even during the recession, sneaker prices are still the same, they are not dropping what-so-ever. In fact, some are even higher. It's all about the hype and what the sneakers are associated to. The prices are not really made up by the seller, it is made up by the buyers or the consumers of the re-sellers because no one would buy it if their not willing to fork over such high amount of green. Therefore, the price doesn't drop but may even raise because other buyers who have that kind of money would start to outbid each other and give the sellers what they want, the price they desire! It's all about how much consumers are "willing" to pay. Otherwise, re-selling wouldn't even exist because the sellers could put up their price but no one would deal with it. It's unfortunate for those who wants the "hyped" up pair of sneakers but doesn't have that kind of cash to add on top of the retail price it went for.
Back to what I said about "what the sneakers are associated to." By that I mean like is the sneaker related to anyone famous, created by any popular artist, band or whatever the case may be, something exclusive. Take a look at the newly released hype series of Air Yeezy's. They run for about 210$ retail which required sneaker-heads or just people who wanted them or who wanted to make money to line up/camp out for days and nights before the store actually opened up and sold the officially. That's the kind of hype I'm talking about, even in cold wintery weather, these guys would still be out there just because of those sneakers and the one and only, Kanye West. Yeezy could care less if you rock his sneakers or not, sell his sneakers for a higher price or not, your only making him that much more famous and hyped. This is not a offense to any one out there who bought these, I'm just giving a example.
By the way, the arthor of the blog-post http://www.sneakerplay.com/blog/ayanti/8968/ had given examples such as the one I gave above so take a look. I would rate this like a 9.8 out of 10 for a blog grade. It really defines what sneakerheads do with sneakers.
For those of you who haven't seen the Air Yeezy's, take a look: image source:http://dimemag.com/wp-content/uploads/2009/03/nike-air-yeezy-closer-look-00-480x360.jpg
http://sneakersandshoes.files.wordpress.com/2008/04/nike-x-kanyewest-air-yeezy-lol-part4.jpg
http://nikeairyeezys.com/wordpress/wp-content/uploads/2009/04/nike-air-yeezys-black.jpg
No comments:
Post a Comment