Why Sneaker Store Owners are Going Bankrupt End of 2024
Ойын-сауық
Opening a sneaker store is a terrible idea...
Or at least- for 95% of resellers. In this video, we break down why the model is unsustainable- but also why I'm opening stores anyways.
Learn how resellers are adding an extra $5k/m profit by selling on Amazon: www.dpsneak.com/youtube
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Пікірлер: 113
Random comment gets $39🖤
@titodenino
26 күн бұрын
random comment
@jarmaineburkett2123
26 күн бұрын
@@titodeninowoah woah woah you still pee the bed at night
@titodenino
26 күн бұрын
@@jarmaineburkett2123 Doesn't have to be night 😎
@jarmaineburkett2123
26 күн бұрын
@@titodenino is That why my lemonade tasted sweet
@nemesishacking
25 күн бұрын
Smart guy, he gets it. And hes ok with it.
Sneakers are dropping because people rather take 200$ for groceries instead of shoes
honestly i’m super shocked at how informative this was. i always wanted to know the breakdown of what happened at sneaker stores and this explains why a lot of sneaker stores near me shut down with crazy high priced shoes. thank you fr, you earned my sub
Very few people are desperate for shoes that they NEED them immediately.
videos keeps getting better and better. great documentary style
So in this point of view it boils down to location location location.... for your store and great community support for the backbone of the market to survive while having an awesome time. Got it. Great vid.
This was a great video, good luck and wish all the success to you
Love the content brother. Thank you
Really great video and information!
Great video! Definitely informative
Super clear breakdown!
Crazy how it seems every new sneaker is sitting
@Dj_rueboi
26 күн бұрын
Even when they “sell out” most pairs are at or below retail
@Livefromthewhytehouse
26 күн бұрын
There’s no money, it’s not that the game is done, is that no one has money!
@kyzrxx7074
26 күн бұрын
@@Livefromthewhytehouse honestly realest comment here
@FreeTheMasses
24 күн бұрын
Like nobody has money @@Livefromthewhytehouse
I’m gonna go out on a limb and say the issue is an utter lack of originality. It’s important to understand and follow trends to an extent, but at some point, a store has to hit a niche or satisfy a lesser desired nostalgia. Otherwise, it will ebb and flow with the market. If you lined up 50 of these stores next to each other, there would be less variety than if you lined up 50 Footlockers next to each other. It’s not just money, people get sick of paying more and more for what inevitably equates to all the same old ish. There’s gotta be a unique or originality factor for a business to sustain. Otherwise, you’re just banking until things change. And it’s not just trends that change, it’s attitudes.
Whoa the transparency.
I always wondered what DP stood for. Great video man! Good stuff.
Adapting and having access to pairs at fair prices. No fear opening stores when you’re ahead of the curve🔥🔥🔥
Damn realist video if ever seen 💯
This is a consignment store , if you want to open a straight up resell shop it all comes down to how many in demand shoes u can get for retail, cause hypothetically speaking if you can get them all for retail and you dont have to essentially middleman a pair then you can do pretty well. It all comes down to what u can get for retail price thats in demand
@setgood5006
18 күн бұрын
Wat is a consignment store may I ask
@setgood5006
18 күн бұрын
Wat is a consignment store
@brightkicks_
10 күн бұрын
@@setgood5006consignment means you’re fronted the product and pay it back later
@InvestingBotsAI
8 күн бұрын
@@setgood5006 Heard of Google
Would love to see update videos in 3, 6, 9 months, a year from now on how the business is doing. Being transparent would be hard but beneficial for all your followers.
you earn a subscriber this video is informative
Bro let the creator of all creations bless you because there's no one on KZread that ever explained how to create a business that fast and with the accurate information that you have bestowed upon us distance from Yoda thank you the force is very strong with you
Nice content bro.
Sometimes it’s not all about profit, sometimes it’s all for the people to get things they can’t get in retail stores
@smooveselling3236
25 күн бұрын
Yeah, but there's a price for everything. Dang
Great content
I would rather have 1 pair of Jordans.then have 5 different wired colors that don’t go well with the clothes I have on.
Great real video
Will never understand why people pay more than $65 for sneakers.
@GiftedDee
18 сағат бұрын
Cause we have money
@cabronas09
5 сағат бұрын
it’s like why people pay thousands of dollars for diamond wedding rings (metal with a piece of carbon) cuz people can
How did u end with $39 ??
Rare realist perspective 💯
Nothing but knowledge 😮
Are most consignment guys coming in at market value when working with stores or are they coming in under market value?
@dpsneak
26 күн бұрын
Around market or $5-$10 under market value
The better option then paying 40% over stock x is just ordering on stock x and waiting a week to get your shoe time is money the time it takes to go to your store just to find out you don’t have the shoe I need in the size I need it in I can be home relaxing or working and what do you know my shoe arrives at my dlater
@kendressel1608
25 күн бұрын
I’m sorry you actually seem like a really good guy I have just had bad experiences with stores in the mall that resell sneakers I went in last year to buy a size 9 Jordan 3 palomino for my nephew that was the shoe he wanted that year for his birthday so I go in ask for the shoe they have it I ask how much they reply with 320$ now mind you this shoe was a brick it was goin for 30$ under retail I’m a fair person I understand you need to make money is what I said to the guy and offered 260$ his reply was duhhhhhhhhh I can take like 15$ off I just said really? And left if I could find a store that was fair with me I’d rather do all my business with them then e bay goat and stock x
#Sometimes you gotta not #Pay the price & wear socks 🧦 outside I #Cant afford shoes #Random #Comment ✌🏽💪🏽🤣 great content brother
I ain’t tryna be rude this was great video but to many people shop online and bc of GOAT and other platforms sneaker stores are pointless bc yall are way over market even my people who not even into shoes as much as me even know when the shoes to high. I understand making your money but people to smart now.
Idk any other way to put it, but Daniel’s stay winning 🤷🏼
Y’all gotta sell more pre-owned shoes and other smaller high margin items. I keep the brand new shoes on the shelves and they look cool and whatever but used forces and sunglasses pay the bills
U changed from DP sneak ?
This is insane!!!
I like m&m crisp they should bring them back
You're a smart guy. Wouldn't you do better working for wall street or finance for a big firm?
Nice video
Reasons why they're going out of business main reasons price to high on certain shoes designs are not that great of eye of peal people want to spend 200 dollars on something that looks nice not generic like most of the Jordan retro shoes that are available people want something with a nice pattern and color choices
I’ll take the $39 to buy from you 👍🏽
bro breakdowned whole buisness plan on us
ECG! 🙌💯
No personals
Urban necessities does consignments ❤
@tellthetruth7497
24 күн бұрын
Urban necessities is ripping off their consignors i got a video on it
This would be a good idea in 2016
$39
What's the name of your store? Im like 30 minutes East
@dpsneak
26 күн бұрын
This one is Elevate Lawrence
So DP which Brett is your favorite? Me or the other Brett? This needs to be decided.
@dpsneak
26 күн бұрын
Both
39$
When goal is breaking even half the year RUN 😂
W content as always
Is consignment dead?
@dpsneak
26 күн бұрын
Market's slow- but not totally dead
@tellthetruth7497
24 күн бұрын
Yea it’s dead unless your consigning heat pairs
Hi Daejin Park
Sooo Amazon is the move. Noted
Common this is 2024 not 2014 😅
Dope ass store
Da hell is a 😑 doing in KS?!
whasguud cuh
Bucket
Hello :3
💪
Notifaction Gang
fly
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Lol
W store owner
This post needs $39 💔
Lfg daejin
Random comment
I wanna know much your mommy and steodad invested
This whole shoe business is getting out of hand people buying shoes to sell for a profit instead of wearing them is stupid 😂 last i checked it was a womans thing to collect shoes and hand bags
The amount of lies being told in this video is crazy lol
@terminatorkobe
26 күн бұрын
explain
@heybudstfunow
25 күн бұрын
lol
Nike half pipe shoes random shoes random comment
*random comment*
Mad cow disease cheese burgers
second gimme free shoes plssss
wtf is this dude saying
J
I’m more random than anybody
Random comment
Random comment