Sneaker resellers look to redefine sneaker culture amid recent decline in sales

Chad Jones, co-founder of sneaker marketplace Another Lane, joins CBS News to to discuss how sneaker resellers are redefining sneaker culture.
#news #economy #sneakers
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[@millcitychris4303]

Resellers are killing the sneaker community!

[@nassiglutt6587]

Yep they're into it just to flip. They basically made bots and backdoors

[@raiderfrankdatank]

amen

[@olionz2255]

And you are the one driving the demand.

[@geebert23]

same with other hobby reseller and scalpers ruin the hobby

[@user-gj3qo6os3w]

Yall say this just because you don't like money going out of your bank account. I've been a sneakerhead for as long as I can remember and the sneaker community is 10 times better than what it used be. All this statement is is arrogance

[@JDigg99]

As a junior sneaker head I love that the market is finally cooling off. Tired of resellers messing stuff up

[@nickasegura9729]

F the resellers!! They buy as many pairs as they possibly can as soon as shoes are put up for sale, which results in many people that wanted to wear and enjoy the shoes having no option but to pay resell prices if they don’t get lucky with raffles or shock drops. They aren’t doing anyone any favors. I’d rather buy reps than pay a reseller hundreds for a shoe.

[@orincoon5585]

True that!

[@chrismiller755]

Facts

[@wolfgod6890]

Definitely

[@olionz2255]

As long as there is a demand, people will always due that so you can only blame yourself.

[@user-gj3qo6os3w]

Every single market in this world is resell. EVERYTHING is being resold and you only notice it with sneakers?

[@jordachejordan90]

The resellers are the reason it's going down. Like somebody robbing you then coming bck to offer help you find out who did it.

[@user-gj3qo6os3w]

Resellers are the reason it went up in the first place. It's going down because of the recession. Do you think before you talk?

[@Golden_Teapot]

@@user-gj3qo6os3wtrue

[@user-gj3qo6os3w]

And to your second statement, that's how the world works. When the gas prices went up because of the sanctions on Russia the oil companies raised the prices and took advantage of all of us. It goes back to that sang doesn't it, "don't hate the player hate the game"

[@jordachejordan90]

@@user-gj3qo6os3w hey gee, im only interested in and referring to the culture of snkrs, which has consistently grown since the 80s. Reselling, in this form, is relatively new when compared to the culture of snkrs. Do you think before you type?

[@user-gj3qo6os3w]

@Jordache Jordan I'm having a really hard time on trying to figure out the point you're trying to make here. You haven't said anything to contradict my statements

[@rc7fiddy]

I just hope more people will just wear what they like and stop caring about resell

[@user-gj3qo6os3w]

I'm a reseller and I agree even with reps. I personally don't like wearing them but if you wear them I don't care. There's people like me and people like you I'm not a hater

[@syco_hundreds2661]

@@user-gj3qo6os3w’m a reseller and thinking about it thoroughly reps are bad for pollution . Even Authentic used shoes have a market

[@cactusjack2264]

Sadly that’s never gonna happen as long as capitalism is around, at this point sneakers are seen as assets like a stock that could be worth money and even more money than the amount paid for said sneaker.

[@MontyMonteka]

You know damn well those Mids are not going to go up in value 😂

[@TonyTonetikz]

Regardless those space jams are cold and damn near sold out everywhere.

[@MontyMonteka]

@@TonyTonetikz I’m cool on all that stuff unless it’s OG

[@TonyTonetikz]

@@MontyMonteka that’s cool, you like what you like. I respect that.

[@mocheen4837]

I bought my son a pair. He has all three versions of the Space Jams J1, J11 and J31. He loves them and wears them to school. He has 14 pairs of various Jordans. Most of his shoes still look new. My daughter collects Jordan 11’s and has several unworn pairs. Her basketball team was sponsored by Nike so she always received a discount on their merchandise.

[@TechInWithK]

I remember when some “people” used to think Jordan’s were “ghetto”

[@cactusjack2264]

True, Jordan’s always been associated with black culture, now since the culture vultures are making all this money reselling off of it now it’s cool for them to wear it and showcase it smh.

[@MyKeeP81]

@@cactusjack2264 bro people of all types have been rockin jordans regularly for 30 years

[@jb33rd]

@@MyKeeP81 yea true but not like a larger percent amount as of Black Americans!

[@jb33rd]

@@cactusjack2264 exactly and people who called Jordan’s and Black culture “ghetto” trying to hop on the bandwagon train of buying Jordan’s because of Social Media such as TikTok! If you go back 5, 10, 15 to 20 years ago you never seen that amount of non black people wearing Jordan’s like that 💯! Now the people who didn’t like the sneaker culture are getting into it now because these how big it is on social media 💯

[@cactusjack2264]

@@jb33rd not only that, it’s very profitable nowadays. Lol everybody and they mama is suddenly a reseller now 🤦‍♂️and tbh it seems like it’s more culture vultures as resellers making the most money off of it

[@stevieguzman7934]

He was trying so hard not to tell homeboy he was sporting some bricks 🧱

[@user-gj3qo6os3w]

😂😂😂

[@paulishpaul]

😂😂😂

[@raulalejandromartinez7252]

Yeah those are wack ngl😂

[@romain198426]

😂😂😂😂😂😂😂😂😂😂😂😂😂😂fax!!!!!!!!!!!

[@bmwdave56]

They sold out tho...

[@Brokeasweat]

Another thing people forget to mention is these fees on these resell sites like ebay! They charge $20-$50 in fees and shipping is a good $15 and that makes the taxes more. So its a good $50-$75 extra in fees etc. only adds to the bs.

[@ritzp3747]

Man said "Jeff pigeon" 🤣🤣🤣🤣🤣

[@cassandraclark5499]

These cats don’t be knowing for real just jumping in but hey to each it’s own

[@kevincollins8620]

Bothered me too. They are trying at least.

[@ks-ws7te]

I thought it was gonna go unnoticed 😩

[@kevincollins8620]

People are claiming "Resellers"... Chad says "Buy what you like..." dude most of the sneaker people ALL buy the same shoes and when they are over them or want to cop a different kick... they all sell at the same time. I wish more sneaker purchasers were self aware. Again many of the people aren't active resellers... they sell their shoes once the flavor of the week is stale. Me??? I cop to keep em for good, and rotate them in my wardrobe.

[@rw3905]

No one likes paying resale!

[@henrynwatu8132]

Dpendends, I can do 20-40ish. But double triple the price is crazy and insulating.

[@user-gj3qo6os3w]

Lol too bad resellers run the world outside of shoes too

[@peewee3030]

We don't like it, but we will

[@kevincollins8620]

@@peewee3030 post some kicks

[@ballgameshoes8583]

Then just don't do it!

[@jadenyuki3138]

Resellers drive the price up, there's some resellers that don't tax tho I appreciate those but most of them tax.

[@richgotti1719]

His name is Jeff Staple😂 and he made the NYC pigeon dunks and Staple pigeon clothing

[@jamesjones8375]

I would love to be interviewed an give my opinion from a consumers point resellers are bad for the culture they hold 90 present of sneaker releases hostage by charging hundreds and thousands dollars

[@Ulyyyyy]

Shoes are meant to be worn

[@clarissasilva2735]

Every shoe I buy I wear. Don’t matter

[@jamestaylor954]

I never pay resale I only buy retail!

[@710dee.]

Bunch of fakes going around nobody wanna pay resell

[@marvturner7390]

It’s bc people came to their senses and started buying replicas for $100 instead of the $1000 Resell

[@peewee3030]

That's not y. You're broke, we aren't 💯💯🤷

[@MrDoomonish]

@@peewee3030 I bet Marv have more money then you

[@chrismiller755]

Dam right

[@user-gj3qo6os3w]

I personally don't like the quality on fakes. You may claim that some fakes have good quality but the real pairs always have better quality in the materials

[@peewee3030]

@@MrDoomonish I'm sure neither of u, do🤷

[@patricialangton4676]

They ask the reseller if he thinks reselling is a good thing . Duh. Resellers are ruining it for regular sneakerheads.

[@tropfusion]

I feel like the resale market is kind of correcting itself. The prices were so high and inflated during the pandemic when footlocker, finishline, etc. weren’t open to the public so the resellers were the only place to get these shoes

[@JulietActual]

Both hosts are wearing bricks

[@cliftonbrown4051]

Droped a stack this year on the Jordan's my mother couldn't afford as a child. The Jordan 1 came out my first grade year. I didn't like them. It was the Jordan 3 an 4 that I wanted in 3rd an 4th grade. Now I GOT EM' 😉

[@hankhillsnrrwurethra]

Not getting the sneakers I wanted as a kid was how I learned what 'broke' is 😆 Now I got a display wall myself, went a little whack with it

[@user-gj3qo6os3w]

Nah dropping a stack is crazy but I guess I'm a brokie and you're not🤷‍♂️

[@eiyrie2990]

Then come to find out you gotta amputate your pinkie toe after wearing 4s 🤣

[@lwrncjms]

Dropping a stack om 2 pairs of shoes is nuts

[@mocheen4837]

I just picked up the white cements. They are nice. I have five different versions of the Jordan 3’s. They are my second favorite after the Jordan 11’s.

[@Mosesybanez]

Walking into any reseller store and the rices have like a 30 to 40 percent hike sometimes even more !

[@anthonyb1339]

Let's not forget the taboo letters UA or what I call dupes. A lot of people going overseas to get a pair of shoes that are undetectable on feet for retail cost. You actually think the shoe tubers with early access are showing legit pairs? NOT!

[@geebert23]

for real thats why a lot of ppl are getting into UA ,bcoz the price of jordan and other sneaker is goin insane

[@user-gj3qo6os3w]

You're saying something that could be true and could be un true at the same time. Don't make assumptions now, what's the first 3 letters of assumption

[@Otis-Tank]

I only buy overseas if I cannot get for retail. I have like 30 pair that are spot on

[@OldSchoolJules]

The average sneaker head. That’s so me. 8 pairs of my favorite Js, a few air max’s and spend between $1-500.

[@user-gj3qo6os3w]

Yeah when he said the word sneakerhead has evolved I don't think so, sneakerhead is sneakerhead😂

[@spiderpimp33]

Same here. Except my max is $300

[@avocadofuego]

"Jeff Pigeon" LOL

[@watchmyepics]

Let’s put out a documentary on true sneaker heads and the negative impact resellers have on the game let’s end this this

[@chino_rossete]

This is why I buy reps and if resellers have a problem it doesn’t affect me. If I like a shoe I’ll buy the rep because paying hundreds for 40 dollars of labor and material is the most ridiculous thing that I have ever heard 🤣🤣

[@davidrobertsemail]

Paying lots of money to wear someone else’s sweaty shoes? I am happy being unfashionable.

[@TheBrotherHoodSports]

This is clown culture

[@omarmac1]

If you have good taste …you can find 30 dll sneaker that look like 500dll that’s the real art of the sneaker game …..people are waking up to the real price of shoes 👟

[@jurrell1986]

It's one thing if you skip the release of a shoe and then months later you're regretting not getting it so you now have to pay resell but what's really messed up is if you're literally on the website typing in your information just to see you didn't get the shoe and now the shoes like 2x the price despite being officially released 5 minutes ago. I hope all these resellers buy all these shoes just to have them NOT sell and are forced to sell under retail. I understand we live in a capitalist country and everything has a price but making profit out of everything is what's killing us as a society because we're all guilted into even your hobby has to be making money, so you have these dudes hurting a whole community of people all to make a quick buck. If you hit on a shoe and realized you don't want it later that's cool but don't buy 5 pairs and instantly put them up for sale for 2x the price when there was a guy who really wanted the shoe but they didn't buy bots and rig the system to make sure they were first in line

[@robertmartinez459]

Paying resellers is a joke no thank you

[@michaelgrier8820]

Resales have killed the shoe game for regular customers

[@staffordcook260]

Backdoors and resellers killing everything

[@atlpoeboi]

It’s not the economy. It’s resellers killing the game by being greedy

[@lucianodelcid4513]

Everything is so hyped now a days. What ever is hot people go for it. I remember getting infrareds 6s for retail in 2019 at footlocker . Too this day not ever selling knowing the price there value at will never forget that day 💔💔😍

[@syco_hundreds2661]

True! Hi There was Jorda 6 cool greys and dunks sitting at the mall today . All people want is the hype 👎

[@fernandostudebaker5861]

infrared 2019 never sat. shoes were very hyped then too.

[@fernandostudebaker5861]

@@syco_hundreds2661 dunks are hyped. dunks werent even popular back in the day.

[@Pisolepete]

Resalers are the reason for the downfall and high price(resalers aren’t sneakerheads… sneakervultures)

[@paikiah77]

Am happy market is down...have bought more sneakers in the last 6 months than the last 5 years

[@johnphilipmacaraeg3454]

"Sneaker Culture" nowadays is just all about the Money....

[@rogueinvestor2375]

The same can be said about the broader antiques & collectibles market. After all, the sneaker culture is part of this market.

[@pradagirl777]

If I don’t score the shoes from the actual website or store….I DO NOT PURCHASE from a third party (Goat, StockX, etc). Some of those third party shoes have been fake as well.

[@PBrew2]

I understand this interview is not for the culture but for moms and dads who are not apart of it. BUT the guys name is Jeff Staple, not Jeff Pigeon. his brand STAPLE has a Pigeon logo and the shoe was the PIGEON DUNK from 2007. Also no offense to the host but Jordan Mids are NOT the same as Jordan 1 Highs

[@yaboi_doug1001]

Resellers aren’t sneakerheads

[@romain198426]

My lord she is the most beautiful news anchor on TV

[@siphotchala5202]

Sounds like youd pet her feet as well

[@romain198426]

@@siphotchala5202 you would too dnt front

[@siphotchala5202]

@@romain198426 yup

[@stevebaldwin5705]

Mainstream media trying to talk about sneaker reselling 😂😂 that was painful!! 😂😂

[@richardreveles3561]

When you say the quiet part out loud 5:56

[@wolfgod6890]

Resellers are exactly thinking about how much profit they can make off the average person. To say it's not about value is just a straight out lie. If shoes didn't have value there wouldn't be Resellers 🤷🏾‍♂

[@user-gj3qo6os3w]

Supply and demand

[@AllenHanPR]

Imagine buying a piece of accesory on your body that wears out the fastest then never wear, the irony in that. Kids if someone judges you by your shoes in your group, he aint the kinda person you should be knowing. Instead of valuing what is in your head.

[@pckbactive]

He said Jeff Pigeon 😂

[@cutup1]

Just about to mention that...🤦🏾‍♂️

[@JerseySoCal82]

Jeff Staple lol

[@MetroBooming]

wait till they learn about everything else going down and not just sneakers it will blow their minds like the actual stock market is going down

[@cocobrotha197]

As long as Nike keeps flooding the market with pairs and keeps restocking pairs that's a W for the regular consumer. F the resellers. Get a real job.

[@JohnJaneson2449]

Worn sneakers should be recycled not resold. Eek.

[@paulishpaul]

🤡

[@romain198426]

Never thought il see the day where the news actually talking about sneakers 😅😅😅

[@ohgod2trill94]

Lost me at the avg sneaker head only has 5-15 pairs . Lmao

[@victorioushamza]

they're straight businessmen, they dont care about "sneaker culture". It's all about making money, and it's ridiculous how people crazy resell prices .

[@franciscovelasco8033]

Jeff Pigeon lmfaoooo anyone else catch that?

[@davidlee3254]

Sneaker are not an investment 🤦🏻‍♂️

[@ixnine]

Sneakers are basically like baseball cards; only so many are coveted, and only so many of those are rare or hard to find. It doesn’t help when resellers are using bots, or having shoes “back doored”, in mass quantities and flipping them for profit. Sneaker heads want nothing to do with helping resellers profit anymore.

[@ninersnation3298]

You are so right!! Not sure why I started to be on SNKR App to buy new releases from 2019 to 2021 and cumulated 300+ pairs of Jordans. I also bought $40k worth of Ohtani cards in 2018. Combine value of $100k. Thank god i didn’t put those money in the stock market. Jordan 4 Metallic purple is my holy grail, Jordan 4 bred, fire red, PSG,

[@jimmyryder8850]

Nobody has holes burning in their pockets

[@javig7183]

Great interview!

[@oo-kk4rv]

Repros is the way to go. Save money from these reseller thieves and sometimes the quality is better then the originals.

[@JackieTrainwreck]

Resellers literally killed the culture....

[@nerrej]

Lol, Jeff Pigeon.

[@arielpolanco8888]

Who is Jeff.

[@IndianaVic]

This dude said “I interviewed Jeff Pigeon” ….🤦‍♂️ 🤦‍♂️🤦‍♂️

[@peewee3030]

I've got 850 pairs myself 💯💯

[@peewee3030]

@@kevincollins8620 I barely wear mine. Got shoes 8 years old, been worn like 2-3 times 😂🤷🤦

[@kevincollins8620]

@@peewee3030 post or Big cap

[@peewee3030]

@@kevincollins8620 u bout to feel dumb, and that's still not all my stuff

[@kevincollins8620]

@@peewee3030 I wouldn't feel dumb at all. I love looking at shoes. Lmao!! And you claimed over or 8 years old. It's cool to see other people like me who can't stop buying shoes

[@kevincollins8620]

@@peewee3030 This guy.

[@s.t.0.p]

They better start by redefining those prices

[@pfree9016]

“Or you could just watch the game.” 😂

[@stepbackzay4798]

No them space Jam 1s is not going up in value 😂

[@bmwdave56]

Better check again

[@stepbackzay4798]

@@bmwdave56 I’m wrong they went up 30 dollars

[@geeman3156]

3:53 did he mean Jeff staple😂😂😂 Jeff pigeon

[@keefeD146]

Na fwk that. Hopefully people don't buy second market shoes so they stop raising prices. Good job bros everywhere

[@NPG4EVER]

Stop it…..Resellers are not good for the sneaker game.

[@cristianfamigliuolo]

Hmm possibility? Is never a data that you can put in a balance sheet.. 🤥 all the sellers who have to promote their commission tell you the same thing possibility, possibility, possibility .. Easy to convince the kids their parents pay so much.

[@Orom086]

Nah fck giving these resellers money. I either hit on a pair for retail or move on to the next one

[@therallyguy1]

Who the hell are making 99% of shoes in these stores? Disgusting. Just bring back basic looking shoes

[@technum1]

People are realizing Nikes with cloth interior are trash. I rather buy full leather trainers or running shoes

[@rjlopez3356]

Before resellers sneakers was dope

[@tone901]

Ms Green so damn fine bruh 🔥

[@sneakerhead699]

Resellers drive up demand for the shoe that’s the only good thing about it … If everybody could get every Jordan every-time a new pair dropped people would get sick of the shoe game real fast .. that’s my opinion though

[@heetseeker8017]

What shoe is the bald anchor wearing? I want em

[@ajadams3297]

97 Nike uptempo are way over priced not paying 200 for those

[@romanizaboss6641]

Jeff Staple … not Jeff Pigeon

[@CatcherOfBass]

Crazy to have Yeezys on National news lol

[@SurvivalSpec]

That female news anchor is fiiiiiiiiiinnnnee

[@TreeSnackz]

It’s all by design to rid the resellers, shoutout to the manufacturers!

[@punapeter]

WHAT? resale someone stinky tennis shoes?

[@tippylosojos]

Jeff Pigeon 😂

[@serialkilla23]

people that pay resell ruin the game....alot of shoes are sitting and on sale at shoes store...why do u care about hype shoe??

[@duce2266]

Not payin mg 500 for any 1 pair of tennis shoes better B gettin 4 or 5 pairs how we gets down😂

[@jayceondelaluna9918]

Sneakers are dead that's why played out its not rare to see people with jordans anymore especially retro 1s done for move on

[@marvjay718]

Sneaker resellers ruined the shoe game

[@ericmauch6282]

Calling Jeff Staple, Jeff Pigeon is unfortunate. Shocking how Jeff Staple isn’t more appreciated.

[@Realblingking00]

Who is this guy?? Y’all couldn’t get nobody better??? He has absolutely no pulse on the sneaker community. Reselling is killing us badly

[@kevincollins8620]

Jeff Pigeon??? WTF. Lmao

[@derekcheng6891]

JEFF PIDGEON!?????? ARE YOU A REPORTER?

[@Bennygk-yw2fx]

that yeezy goes up to $400,love it

[@steviej2432]

Lol i can meet someone over video games, sports forums. Car shows. I dont want to be friends with the "plug" head cracking me. Happy theyre doing out with bots. I paid resell prices twice. Decided the sneaker isnt that big of a deal if i dont get it. Or just buy a UA to rock if i want it bad enough.

[@24califrank]

It's dead cause people are over it on spending $100's dollars on shoes. Sneaker culture faded away

[@worldztune852]

Reps are the reasons.

[@THEKLEVER187]

I see he forgot to leave out the replica market 🤷‍♂️.. rep gang