SNEAKER TALK

Sneaker Talk: Why It’s Much More Efficient Buying Multiple Shoes vs. One

Sometimes quantity is better than quality in some cases.

Let’s say you have $1800 to play around with. You’re tempting yourself if is worth to buy 1 shoe that costs $1800. Of course, the usual reasoning behind this is “quality > quantity”. Some people might use the excuse and say that they’re buying something that is rare/exclusive, which hence it will go up in the future. You’re technically not wrong there, but that is usually a wrong business tactic when it comes to sneakers. Let’s compare these following scenarios and I’ll explain why having more shoes is better than just solely relying on one.

Scenario A:

  • You purchase a pair of Nike Sb Dunk Low Travis Scott for $1800
  • A year later, the shoe is now valued at $2700.
  • That is a 50% margin, leaving you with $900 profit in the end.

Scenario B:

  • You purchase pairs of Air Jordan 1 High Royal Toes for $300 each
  • A year later, the shoe is now valued at $450.
  • You are also left with a 50% margin, leaving you with $900 profit in the end.

Take a look at the scenarios above. Both hypothetical situations. Both result in each person having the same potential profits in the end. What’s the better scenario in the end? Most people would assume that while yes, spending more money yields higher profits, it doesn’t work out everytime.

1_BlxScv8wUxHgBB42Oqko4g

For my personal opinion (and I think this is the most chosen answer), Scenario B is the better choice in the end. Take it into consideration of Quantity vs Quality. Of course, people are bound to buy a product that yields higher quality, at the cost of paying a higher premium. While yes, investing $1800 on one pair of shoe might be costly, selling it at $2700 is going to be a lot harder than it is. $2700 is no joke. It is a pretty hefty amount, and not many people purchase ONE pair of shoes after the $2500 price tag. While yes, technically you’ve made your moneys worth by the value of the shoe increasing throughout the year, it’s the fact that it will be much harder for you to find a buyer who is willing to pay your price. Whereas for my Royal Toes example, you will find it a lot easier to sell your shoes without having the worry of you not locking in your profits.

0 comments on “Sneaker Talk: Why It’s Much More Efficient Buying Multiple Shoes vs. One

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: