Poll // Retail or Resale?
words // Zac Dubasik
Paying $500 or $600 for a sneaker these days is nothing shocking. Whether it's the latest exclusive LeBron release that's been snatched up by resellers, or something from a high-end designer, what's realistic to pay for a sneaker is constantly climbing. But how would you rather spend the money? Let's look at why each one costs what it does.
With a high-end sneaker, you're paying for a variety of things. Even if the brand is unknown to the masses, and the shoes lack logos, there's no doubt you are paying a premium for the name. But you're also paying for a shoe made in a first-world country, with materials that the traditional sneaker world can't come close to matching. On the downside, despite having far superior quality and workmanship, high-end sneakers rarely go up in value, and can often be found on sale for a fraction of their original price.
On the other hand, when buying from a reseller at a premium price, you are largely paying for demand and hype. While the retail price of a hyped sneaker may serve as a starting point for its resale price, that amount is largely determined by how limited the release was, and how much hype has built up. The quality of a release like this is no better (and often worse, like in the case of many retros) than a less hyped release, which means you aren't getting a lot for your money. But on the bright side, shoes like this can hold their value, and even increase in price.
So, if you were to find an extra $600 laying around, and had to use it on sneakers, how would you rather spend it? Vote in the poll, and let us know your thoughts in the comments.