Are you confused on how to find the value of your shoes worried no longer I got y'all that's what I'm here for today
I have a new pair and a used pair from my collection
We're gonna price them out and I'm gonna show you my steps that I take
I'm going along the scene what the value of these shoes are really awesome
What's good DNA fan back at you with another one if you new to the channel
My name is DJ and this is the DNA show
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So let's get into the video and let's talk about what people really want to know first things first
These are some huge factors on how this all works sizing is going to play the biggest factor in the price of your shoe
I'm just gonna show you the example for my size 13. Now the next big factor is do you have the box?
and do you have the
hang tag or any other
Accessories that come with the shoe and that will also decrease the value of your shoe
If you do not have these things and you will not be able to sell them through apps like stock eggs and maybe fly club
I'm not sure but we can talk about that soon as we get into the video. These are just some disclaimer for you guys
Alright, let's get what I'm gonna do is go to
Stock eggs, go and flight Club
I use those three just kind of as general senses for pricing and then I kind of base it from there
Obviously, there's a ton of sneaker websites and go twos but these are kind of well known in the sneaker community
So I feel like a lot of people use these in general for pricing and understanding
You know how the market is going. So first thing I'm gonna do is use stock eggs
We're gonna search Air Jordan for Cactus Jack Air Jordan for Travis Scott
Whatever you like find that shoe and once you find that shoe, we're gonna click on it
so as you can see it is listed at
$700 there's a bead at
$600 and the last pair was sold at
675 dollars for me that's a pretty low price compared to other people's pairs, but that day to day
It's still a lot for a sneaker
What you want to do is click on that shoe price for sale go to it and look at it
See what it sold for at
675 bucks now when it sells at 675 bucks stock ex is going to take a fee as well
So with that there's gonna be like a transaction fee Khatami feet, whatever you like to call it
They're gonna charge their feet
so as you can see six hundred seventy-five dollars was the sale but
Realistically, they got five hundred and ninety seven dollars and 38 cents paid out to them
So sometimes people say all my shoes were six hundred seventy-five dollars, but if you think about it, it's actually only worth
$600 right?
Because you just paid somebody else to sell it for you and you had to pay that cut so you only got paid out
$600 so just don't forget to keep that in two factors. So if you are able to sell the shoe for
$700 like the next person have their peril is before the total is gonna be around six hundred and twenty bucks and that might be
Just a little bit better. So just a little bit of increase in sale
I would say is worth it depending on who you are how much you gotta for and a lot of different factors like that
Me personally as you look at the chart right here, you can see the shoe is continually climbing in price
It started out pretty low and it's just been going up. There's a lot of hype around Travis Scott right now
So this shoe right here specifically is gonna continue to rise in price
we can talk about that later in another video on how to really
Determine the price of a shoe and if it's worth selling or holding
So next thing I want to do is go into the go app because that is another similar
Selling website where it's basically an app and you can go through put your shoes on there for sale
Take a couple of photos say the shoe is brand new and this is what I want to sell it for boom bat-beam sends it
To the guy they get it out. You get your money back in a couple easy. Yeah. Yeah
So we looking on here a brand new pair sells for 700 bucks. That's what we're asking for, right?
So 700 dollars is the asking price and the payout is actually a little bit higher with 620
$8.50. So if you remember from the stock eggs app, the payout was a six hundred and nineteen dollars and fifty cents
So with that little bit of increase through the same price of sale
You can tell that goat app is just a little bit better to get you a little bit more money
Sometimes penny-pinching, although certain things really make a big factor on a few profit or not
The next place I want to go to is flight club now. Everybody knows flight club. It's been around for long time
It's a huge consignment shop. They have them around
I guess the world now basically you can put your shoes in there post them for sale and they can do the thing for you
They charge at eighty twenty percent consignment. So basically you get paid out eighty percent
They keep twenty percent for the transaction
Number one reason why a lot of people say flight club's prices are very high is because their consignment price is also very high
I know some people say hey 20 percent ain't that much?
Yeah, but if you think about it
If you can try to get any lower consignment price that will save you more money and obviously profit more money as well
So looking on there if you were to sell a pair for what they have them listed at
795 dollars as you can see 95 dollars more than what the other side stop selling them for yet
The consignment is a 20% So your payout is gonna be six hundred and thirty six dollars
So now if you look at the map between three you can see you have six nineteen
628
636 so now you got two different sites that are pretty similar in the style in the same exact cell price and another one
That's selling it for ninety five dollars more than the other two websites. Yeah, you're only making
Five seven bucks, you know I'm saying so it's up to you to determine what you want to do with that price
So at the end of the day my conclusion is going to be with these that I'm probably gonna price these around
$700 is my price and I would like to sell these in a local market so I can get 650 to
675 as a local sell to save on consignment
But if I were to sell through consignment then obviously I would get paid around 600 625 dollars. So I would mark this deadstock shoe
625 to 650 let's just say six. Let's just go with 650 will go to 650
so now I want to take you into the used pair and show you my process with this one because obviously
We know the price of the new pair
So we're gonna say 650 is the market price for the new pair
And now we know this is you so it's immediately gonna take off like probably somewhere around 100 bucks is my assumption
But we can go to the apps and check it out. So stock X does not sell used sneakers only new sneakers
So we're gonna Excel one out of there and then go is another because flight club doesn't sell new sneakers at all
Either so go is a good option when you want to sell you sneakers and obviously any condition is sellable on there
I'm it's just obviously the better condition the more money that you're going to make right?
So what we're gonna do is go to go we're gonna check on there and look at the pricing as you can tell you can
see there's prices listed from
430 bucks to like
675 bucks
So that's kind of like what people are trying to hit
Obviously 675 is pretty taxing, right if you can see that a new pair is going for that same price
So if they're able to actually sell those for 675 as a used pair more power to them do I think it will happen?
Probably not. So I'm gonna soon let's look at the condition right here with a pair. That's around
550 bucks now, that's probably more my price point. I think those are gonna be more
Likely to sell better. We're pricing based on the condition of this shoe
It kind of matches that
And what you want to do is kind of look at the condition of your pair and other pairs that are available
To kind of determine. Hey, is this pair overpriced? And what is this condition match to that one?
I think these pretty match up pretty well. Okay, that's what I'm probably gonna go with. These are probably gonna be worth somewhere around
550 bucks maybe 500 bucks. We'll just go with like 525 to play it safe
So at the end of the day, we're gonna come with the conclusion that this pair is worth
650 bucks hopefully to get that price and this pairs probably around five hundred and twenty-five bucks probably could go for a little bit lower
But obviously if we hold onto these over time, they will be worth more
We'll talk about that in another video on how to predict pricing and knowing when to sell if you would like to see that video
Please stay tuned don't forget to hit that subscribe button because that video is coming
Oh, that one's gonna help you out a lot as well
If you guys like this drop a comment down below and if you own the Travis Scott fours
How much did you get them for? What size were they and
Do you plan on holding on to them? Did you sell them too early? Did you buy them too late?
drop those comments down below and let other people know and let them learn from your
successes or your mistakes because we want to help each other out here on the platform and please
engage in the comments help each other out because
We're here for right DNA fam. We have family. I'm helping you. You helped me we growing together
My name is DJ I'm signing out. I gotta go. I hope this works
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