Forget cryptos, with these sneakers you will earn tons of money!
Nice trading with cryptos can yield a lot, but with trading sneakers you really earn good money.
Sneaker were already collectibles, but the market is developing rapidly. The demand for the shoes – especially the special ones – is high. That is why investors are now also jumping into this market, especially now that the crypto market is experiencing a dip. In fact, it yields higher returns than a non-fungible tokens (NFTs).
Earn money with sneakers
Of course, the producers are responding well to this. After all, there is money to be made. Limited editions and collaborations are two of the most lucrative business strategies for brands with projected sneaker sales of more than $6 billion by 2025 as collectors and sneakerheads expand their collections.
By analyzing the difference between the sneakers’ initial retail price and their current resale value, a recent study conducted by DealA and shared with Finbold identified the street shoes that fetch the highest prices in the secondary market.
The market
The research provides many insights, such as which item of streetwear and sneakers now has the best return on investment by analyzing the difference between their original retail price and their current value.
In the shoe sales market, all three of the most highly regarded shoes are made by Nike. This company’s marketing machine is working overtime, but with results. Both the Nike Dunk SB Low Paris and the Jordan 1 OG Bred (1985) fetch a resale premium of over 145,000%. In addition, the resale value of the Nike SB Dunk Low London will exceed 41,000%. And that for a pair of shoes. According to the findings of the study, the shoe model with the lowest ROI is the Nike Dunk SB High Oakland Athletics, with a resale ROI of 384%.