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

  • @dpsneak
    @dpsneak26 күн бұрын

    Random comment gets $39🖤

  • @titodenino

    @titodenino

    26 күн бұрын

    random comment

  • @jarmaineburkett2123

    @jarmaineburkett2123

    26 күн бұрын

    @@titodeninowoah woah woah you still pee the bed at night

  • @titodenino

    @titodenino

    26 күн бұрын

    @@jarmaineburkett2123 Doesn't have to be night 😎

  • @jarmaineburkett2123

    @jarmaineburkett2123

    26 күн бұрын

    @@titodenino is That why my lemonade tasted sweet

  • @nemesishacking

    @nemesishacking

    25 күн бұрын

    Smart guy, he gets it. And hes ok with it.

  • @Demonstrait
    @Demonstrait12 күн бұрын

    Sneakers are dropping because people rather take 200$ for groceries instead of shoes

  • @ezrapark9213
    @ezrapark921326 күн бұрын

    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

  • @user-nk5bw8ml4z
    @user-nk5bw8ml4z25 күн бұрын

    Very few people are desperate for shoes that they NEED them immediately.

  • @AyyRios
    @AyyRios25 күн бұрын

    videos keeps getting better and better. great documentary style

  • @benny2755
    @benny275526 күн бұрын

    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.

  • @jpg49
    @jpg4925 күн бұрын

    This was a great video, good luck and wish all the success to you

  • @donsalvadoor
    @donsalvadoor24 күн бұрын

    Love the content brother. Thank you

  • @ruthmeles1598
    @ruthmeles159826 күн бұрын

    Really great video and information!

  • @Dj_rueboi
    @Dj_rueboi26 күн бұрын

    Great video! Definitely informative

  • @kristansmith-park1484
    @kristansmith-park148425 күн бұрын

    Super clear breakdown!

  • @Kiuuuj
    @Kiuuuj26 күн бұрын

    Crazy how it seems every new sneaker is sitting

  • @Dj_rueboi

    @Dj_rueboi

    26 күн бұрын

    Even when they “sell out” most pairs are at or below retail

  • @Livefromthewhytehouse

    @Livefromthewhytehouse

    26 күн бұрын

    There’s no money, it’s not that the game is done, is that no one has money!

  • @kyzrxx7074

    @kyzrxx7074

    26 күн бұрын

    ​@@Livefromthewhytehouse honestly realest comment here

  • @FreeTheMasses

    @FreeTheMasses

    24 күн бұрын

    Like nobody has money ​@@Livefromthewhytehouse

  • @nbarealtalker
    @nbarealtalker18 күн бұрын

    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.

  • @blackbox_kt
    @blackbox_kt26 күн бұрын

    Whoa the transparency.

  • @896tank
    @896tank20 күн бұрын

    I always wondered what DP stood for. Great video man! Good stuff.

  • @OT-pn3pd
    @OT-pn3pd26 күн бұрын

    Adapting and having access to pairs at fair prices. No fear opening stores when you’re ahead of the curve🔥🔥🔥

  • @mayozambada5098
    @mayozambada509826 күн бұрын

    Damn realist video if ever seen 💯

  • @brianflores4750
    @brianflores475021 күн бұрын

    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

    @setgood5006

    18 күн бұрын

    Wat is a consignment store may I ask

  • @setgood5006

    @setgood5006

    18 күн бұрын

    Wat is a consignment store

  • @brightkicks_

    @brightkicks_

    10 күн бұрын

    @@setgood5006consignment means you’re fronted the product and pay it back later

  • @InvestingBotsAI

    @InvestingBotsAI

    8 күн бұрын

    @@setgood5006 Heard of Google

  • @stevecec14
    @stevecec1426 күн бұрын

    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.

  • @NastyFlea
    @NastyFlea24 күн бұрын

    you earn a subscriber this video is informative

  • @DEJAVU007
    @DEJAVU00714 күн бұрын

    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

  • @bambiiiii23
    @bambiiiii2326 күн бұрын

    Nice content bro.

  • @acostanj24
    @acostanj2426 күн бұрын

    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

    @smooveselling3236

    25 күн бұрын

    Yeah, but there's a price for everything. Dang

  • @s_views7652
    @s_views765226 күн бұрын

    Great content

  • @JoannaSmith-bl5ci
    @JoannaSmith-bl5ci2 күн бұрын

    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.

  • @cesargalvez8432
    @cesargalvez843226 күн бұрын

    Great real video

  • @wileecoyote5749
    @wileecoyote57496 күн бұрын

    Will never understand why people pay more than $65 for sneakers.

  • @GiftedDee

    @GiftedDee

    18 сағат бұрын

    Cause we have money

  • @cabronas09

    @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

  • @hooess793
    @hooess79326 күн бұрын

    How did u end with $39 ??

  • @username5158
    @username515826 күн бұрын

    Rare realist perspective 💯

  • @LLantas714
    @LLantas71425 күн бұрын

    Nothing but knowledge 😮

  • @bennyward9157
    @bennyward915726 күн бұрын

    Are most consignment guys coming in at market value when working with stores or are they coming in under market value?

  • @dpsneak

    @dpsneak

    26 күн бұрын

    Around market or $5-$10 under market value

  • @kendressel1608
    @kendressel160825 күн бұрын

    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

    @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

  • @unitedwestandunitedweprogr8946
    @unitedwestandunitedweprogr894623 күн бұрын

    #Sometimes you gotta not #Pay the price & wear socks 🧦 outside I #Cant afford shoes #Random #Comment ✌🏽💪🏽🤣 great content brother

  • @bengrant9316
    @bengrant931623 күн бұрын

    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.

  • @danielmiles1500
    @danielmiles150026 күн бұрын

    Idk any other way to put it, but Daniel’s stay winning 🤷🏼

  • @tropfusion
    @tropfusion23 күн бұрын

    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

  • @poppawheelie203
    @poppawheelie20326 күн бұрын

    U changed from DP sneak ?

  • @Ernest_Kahn
    @Ernest_Kahn25 күн бұрын

    This is insane!!!

  • @jarmaineburkett2123
    @jarmaineburkett212326 күн бұрын

    I like m&m crisp they should bring them back

  • @tas4092
    @tas409212 күн бұрын

    You're a smart guy. Wouldn't you do better working for wall street or finance for a big firm?

  • @yungdrew9947
    @yungdrew994726 күн бұрын

    Nice video

  • @mykittenisagrandmaster4381
    @mykittenisagrandmaster43819 күн бұрын

    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

  • @WhosRandy564
    @WhosRandy56426 күн бұрын

    I’ll take the $39 to buy from you 👍🏽

  • @bartoszsadowski4038
    @bartoszsadowski403826 күн бұрын

    bro breakdowned whole buisness plan on us

  • @MikeSpr
    @MikeSpr26 күн бұрын

    ECG! 🙌💯

  • @CoastyCody
    @CoastyCody26 күн бұрын

    No personals

  • @jonfinpark
    @jonfinpark26 күн бұрын

    Urban necessities does consignments ❤

  • @tellthetruth7497

    @tellthetruth7497

    24 күн бұрын

    Urban necessities is ripping off their consignors i got a video on it

  • @ipaddleYOass
    @ipaddleYOassКүн бұрын

    This would be a good idea in 2016

  • @tellthetruth7497
    @tellthetruth749724 күн бұрын

    $39

  • @jermaine_event
    @jermaine_event26 күн бұрын

    What's the name of your store? Im like 30 minutes East

  • @dpsneak

    @dpsneak

    26 күн бұрын

    This one is Elevate Lawrence

  • @brettcarroll3970
    @brettcarroll397026 күн бұрын

    So DP which Brett is your favorite? Me or the other Brett? This needs to be decided.

  • @dpsneak

    @dpsneak

    26 күн бұрын

    Both

  • @RoccoKurvita-iu9no
    @RoccoKurvita-iu9no24 күн бұрын

    39$

  • @sirpaidalot
    @sirpaidalot26 күн бұрын

    When goal is breaking even half the year RUN 😂

  • @gavinhe4723
    @gavinhe472322 күн бұрын

    W content as always

  • @Yongsk8
    @Yongsk826 күн бұрын

    Is consignment dead?

  • @dpsneak

    @dpsneak

    26 күн бұрын

    Market's slow- but not totally dead

  • @tellthetruth7497

    @tellthetruth7497

    24 күн бұрын

    Yea it’s dead unless your consigning heat pairs

  • @Ramithebuyer
    @Ramithebuyer26 күн бұрын

    Hi Daejin Park

  • @jakesalzman252
    @jakesalzman25226 күн бұрын

    Sooo Amazon is the move. Noted

  • @marcop.525
    @marcop.52513 күн бұрын

    Common this is 2024 not 2014 😅

  • @StevenRoseren
    @StevenRoseren23 күн бұрын

    Dope ass store

  • @augustojoseramonpinochetug5235
    @augustojoseramonpinochetug52358 күн бұрын

    Da hell is a 😑 doing in KS?!

  • @danishkhan-xj5pt
    @danishkhan-xj5pt24 күн бұрын

    whasguud cuh

  • @ebsnkrz
    @ebsnkrz26 күн бұрын

    Bucket

  • @Arley-xc5lb
    @Arley-xc5lb26 күн бұрын

    Hello :3

  • @1jus
    @1jus25 күн бұрын

    💪

  • @soundwavekidd3529
    @soundwavekidd352926 күн бұрын

    Notifaction Gang

  • @sergei74
    @sergei7426 күн бұрын

    fly

  • @lukenichols5528
    @lukenichols552823 күн бұрын

    Random Comment

  • @gambinommc5644
    @gambinommc564425 күн бұрын

    Lol

  • @wyattdurland6637
    @wyattdurland663726 күн бұрын

    W store owner

  • @wishfullythinking8938
    @wishfullythinking893826 күн бұрын

    This post needs $39 💔

  • @marcusfetti1449
    @marcusfetti144923 күн бұрын

    Lfg daejin

  • @marvin7042
    @marvin704225 күн бұрын

    Random comment

  • @Professional_Lube_Job
    @Professional_Lube_Job24 күн бұрын

    I wanna know much your mommy and steodad invested

  • @anonymous-jt8du
    @anonymous-jt8du7 күн бұрын

    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

  • @Nineveh612
    @Nineveh61226 күн бұрын

    The amount of lies being told in this video is crazy lol

  • @terminatorkobe

    @terminatorkobe

    26 күн бұрын

    explain

  • @heybudstfunow

    @heybudstfunow

    25 күн бұрын

    lol

  • @titodenino
    @titodenino26 күн бұрын

    Nike half pipe shoes random shoes random comment

  • @jerrodbennett
    @jerrodbennett26 күн бұрын

    *random comment*

  • @kendressel1608
    @kendressel160825 күн бұрын

    Mad cow disease cheese burgers

  • @MemiTwins
    @MemiTwins26 күн бұрын

    second gimme free shoes plssss

  • @heybudstfunow
    @heybudstfunow24 күн бұрын

    wtf is this dude saying

  • @Skillsvalin
    @Skillsvalin24 күн бұрын

    J

  • @tbuddy3372
    @tbuddy337226 күн бұрын

    I’m more random than anybody

  • @jaydaygaming2793
    @jaydaygaming279326 күн бұрын

    Random comment

  • @bentleybenzbeamer
    @bentleybenzbeamer21 күн бұрын

    Random comment

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