A major contributor to the success of the sneaker industry is how lucrative the resale business is. People are buying thousands of dollars’ worth of sneakers. It’s a proper business that people are jumping onboard for. Here are some sneakers to keep your eye out on:
Nike x Kanye West Air Yeezy 2 Red October
Let’s be honest, every sneakerhead and their grandmother expected to see these on the list. Nike x Kanye West Air Yeezy 2 Red October were the last released sneakers from the Air Yeezy 2 collection. As these bad boys weren’t released on retail, the original value can only be estimated, lying in the ballpark of anywhere from $180 to $250.
While this may seem like an insane amount of money, wait till you take a look at the resale value. The Red October has a 3580.0% price premium over retail, selling at an average $9,938. Talk about a bargain if you can get one at retail.
Nike x Tom Sachs Mars Yard 2.0
Nike’s collaboration’s with contemporaries always seems to fly off the rails, and the same happened when Nike worked with artist Tom Sachs for their Mars Yard 2.0. The second iteration of a heralded classic, a lot of thought and care went into the Mars Yard 2.0, with better materials being used that are comfortable on the feet while being good for the environment.
Their estimated retail price is around $200, but you will find them going on sale online for $4,552 on average, with a near 3400% price premium.
Undeniably, Ye has the Midas Touch in the sneaker industry, and while the Adidas Yeezy Boost 350 V2 Core Black White aren’t the most insanely priced sneakers, they’re fairly well valued. Compared to the others, the estimated retail of $220 has a 315.9% premium to make the average price of these sneakers around $900.
On one end, they’re less expensive but they’re also easier for people to acquire and consider as well, making them a very lucrative purchase.
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