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- Aug 7, 2012
i wonder what will happen say for the next fire red 3 and 5 release since this policy will be in effect by then...hmmm
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I feel like Nike needed to crack down on these stores for a long time now. I've seen all of these mom&pop shops in NYC go to the darkside. $350+, and selling early. That's not how a "legit" business should be running things.
Shout out to SportsTech in Coney Island, Brooklyn. They stay selling early, marked up 350+ pairs
Its nuts how these retailers are really resellers.
Retailers are resellers my man - happens in all types of businesses. Grocery stores, Walmarts, auto dealerships, etc... Unless YOU buy directly from the manufacturer/supplier you're buying from a reseller. Even NikeTowns and employee stores mark up their product...
You could go a step further and say that Nike themselves are a 'reseller' of product that's manufactured offshore.
Retailers are not bound to MSRP. The unwritten rule is to go by the MSRP 99% of the time but there is no rule saying that they cannot. Smaller retail chains that have decent accounts and receive decent limited color ways often abuse it on a regular basis.I think he means that many retailers have become the type of "reseller" that we all hate. You know, buying up pairs and putting them up on eBay for "R" rated prices. Retailers are bound to MSRP. My local does reservations, but you have to pay between $10-25 over retail. I was cool with it until the BRED's where they charged me $100 over sticker. That is bold.
Still a profit unless they get marked down below cost. Their profit margins are huge for most of their products, especially when they sell product directly. They actually make more money per shoe selling discounted b-grades at an outlet than they do selling the a-grade stock to retailers like ftl and fnl.I know you guys like stupid questions...When kicks/apparell go on sale or hit the outlets, is Nike still pulling a profit or are they taking losses? I've always wondered this.
This.I think he means that many retailers have become the type of "reseller" that we all hate. You know, buying up pairs and putting them up on eBay for "R" rated prices. Retailers are bound to MSRP. My local does reservations, but you have to pay between $10-25 over retail. I was cool with it until the BRED's where they charged me $100 over sticker. That is bold.
Still a profit unless they get marked down below cost. Their profit margins are huge for most of their products, especially when they sell product directly. They actually make more money per shoe selling discounted b-grades at an outlet than they do selling the a-grade stock to retailers like ftl and fnl.
I think he means that many retailers have become the type of "reseller" that we all hate. You know, buying up pairs and putting them up on eBay for "R" rated prices. Retailers are bound to MSRP. My local does reservations, but you have to pay between $10-25 over retail. I was cool with it until the BRED's where they charged me $100 over sticker. That is bold.
Because there's a demand for the product and people have paid those prices in the past. If there wasn't history to base those prices on, guarantee you wouldn't see those. Unless you're getting it from the manufacturer, you're overpaying for the product to begin with.Yea its about freaking time Nike did something like this...its bad business and exploitation of consumers when these m&p's try to rape people...
Before in Sunset, Brooklyn and Fulton St... (especially when they had the mall) the most you would see is 250 for a pair of kicks if it's early...now I'm seeing 350+ ...280 on bugs bunnys... i never understood why people still buy at that price...
Cool. DeMarcus Cousins fame, huh? Lol. What part of VA are you in now?
Lol I left b4 Marc got there tho. We was better with Johnny Mayhane, Brandon Hollinger and all them guys tho. Im out in a place called Newport News now tho.
That's cool. I'm somewhat familiar with VA. As a matter of fact, I'm flying from Houston to Richmond in about an hour (about to board the plane). Anyway, I'll be passing through Newport News on my way to Va Beach tonight.
I dont get a bad vibe from jamaican ave but they do over chargeall the stores on fulton st in downtown bk
jamaican ave in queens
grand concourse in the bronx
all charge $100.00's over retail have been doing so for years