Shoe Market

Shoe+Market

Leobardo Rodriguez, Contributor

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Shoes are everyday essentials. You wear shoes to all kinds of places whether its to: work, run, play, sport shoes make a difference. Some shoes are worth more than others making them more valuable and more sought after. Their are specific people who collect shoes these guys are called sneaker heads. Some people even make a living of these sneakers because their like stocks you can buy a pair of shoes and their resell price goes up and once its at a fairly profitable price they sell them. Shoes have proven to gain large amounts of money up to as much ass $25k for a pair of basketball sneakers. If you know about sneakers and the demand you should most likely go into the shoe stocks because it’s very profitable. Each pair of shoes can be like a stock it can make you money or it can just fail and make you lose money. Shoe like stocks also take time to go up in value you just have to sit and wait for the resell of the shoes to go up. Lets say a hyped up shoe is dropping this Saturday and you manage to get it for retail which is about $210 dollars. If this shoe was hyped on and limited you can sell this shoe to the right buyer for more than double what you paid for. This is the shoe market and that’s how some people are able to make a living by selling these sneakers for more than retail and they are called re-sellers.

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