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Jordan and Yeezy dominate eBay’s 2022 most-sold sneaker list, but a controversial sneaker ranks No. 1.
Answer: Nike Dunk Low Retro White Black “Panda”
Questions:
- Have you ever bought or sold a product in the resale market? Why?
- Why do you think certain brands/products are so desirable in the resale market?
- Do you think it’s possible to be a responsible consumer while participating in the resale market? Explain why or why not.
Behind the numbers (Business Insider):
“The most-sold sneaker on eBay in 2022 is a controversial one among collectors given its ubiquity. The Complex sneakers podcast even devoted an episode to exploring the culture’s dislike for Nike’s Panda Dunks.
The mixed feelings, however, haven’t stopped it from being a big hit for Nike and resellers looking for a quick flip on the secondary market. The colorway, which retails for about $100, immediately sells out when restocked on the Nike app. Average sales on StockX are $219.”
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For more on the sneaker industry, check out the FinCap Friday: Strong Shoe Game!
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