Air Jordan 7 GC China Chile Red , Resale Value & How Many Pairs Possibly Made?

Hey what's going on guys this is Taiba hasa kicks.com and this morning we're going to talk about the Jordan 7

Gc Greater China. It's called the chili red as well. It's coming out tomorrow right alongside the Jordan 5 organ and I don't even know why Nike did that. It's just

they just cram all these shoes in one day man like give people a chance to like relax a little bit just bringing all the shoes in one day

It's just too many of them. Anyway, I just want to keep quickly show you the shoes

shoe and we're going to talk about numbers as far as like how many were made and we're going to talk about

resale value and all that kind of good stuff now first thing is the shoe i mean i personally wouldn't

grab this shoe i just don't care for all that multi-colored stuff is just too flashy for me

but it's built with some kind of new buck leather underlays and just regular leather overlays

a little bit of white a little bit of red chili red and gold and some kind of tail on the bottom

and if you look here inside of it there a suru and this creed like dragon scales on it again that like greater china so I guess that that has to do with it black laces and then let look at some more picture this is the bottom again this pattern is on all Jordan 7 we have your red jump band this time a little bit of till I don know if this glows in the dark I didn study that but it should right it looks like it might glow in the dark so that would be interesting and then this is the upper here you guys You got your black on Jumpman red in soles and I want to show you a picture of the side here Chinese characters most of the Chinese arts and stuff like that

So the shoe is like, eh, I'm not like too fun of it. I'm okay. I mean, it's a okay shoe

It's going to cost about $200. All right, now that we've talked about this, let's talk about how many pairs were made

So what I did was this. Let me go back on the, uh, you know

launches from and website and I'm going to show you something here I built some

assumption so the first thing is this let's know we need to figure out who's

getting the shoe right who's getting the shoe and when I did it it's Nike only in

the US and then and the national stock is that like VSTN overkill foot patrol

if you store food district sole box Shiva discalzo sneakers and stuff fast

so sold titolo and of course so now that we have all this

multiplicity of like stock is how do we figure out how many shoes were made that's the

hardest part so I have to first build my assumptions so this is what I did like I went on

Ayn's website and I realized okay this how many sizes are going to be available so if you can't

all this thing together that's like 21 now the next portion will be how many pairs per sizes

so I stretched it to like 20 pairs I took it way up there I said 20 pair per sizes and now

we going to try to figure out mathematically use simple mathematics do 21 times 20 and that going to be for and then before I do that I want to show you my assumption though so I going to assume that Nike is going to get

about a third of the total production and then the European stockists are going to get half of what

Nike gets and then everything else will be spread out through all this other international

stock is that I don't know about probably in China or some other country so I'm not going to stretch

myself too much I'm just going to stick to these assumptions and and then get my numbers

so since end is we say 21 times 20 we got 420 pairs that's for end and because it's

like 11 locations I stretch it to like I did 420 times 11 so I came up with 4,620

pairs took that number to 5,000 and since this represent a half of the inventory from

Nike we can conclude that Nike's allocation would be 5,000 times 2 which is 10,000

and then I stretch that number to like 30,000 because I'm assuming there's going to be other places so I'll say anywhere between 30,000 and 45,000 that wouldn't be too far fetched now as you all know I have to add my disclaimer I don't work for the brand so I don't know the exact numbers this is just to give you a picture of what may be happening now the next thing we're going to talk about is resale value the shoe is pretty I mean it's like a lukewarm response people don't

really going for you is two hundred dollars before tax and then probably like two ten after tax now when I rent my numbers between September the 5th and September the 11th I came up with 275 and then all the way down to like 249

so what I do is this I'll take the average number of sales per day and I take an average

of that to see this is how much you sold on this day and this is the average so when I did

it I see that you can see that there's a the shoe is trending down and I'm assuming

that what's going to happen is this when he drops he might lose another 4 or 5% of

value so you can expect this shoe to to sell between like 236 and then 250 I don't

think it's going to exceed that your profit margin is like $7 or $21 so you're

going to be making a profit between 7 and 21 so the verdict don't even mess

mess around and trying to grab this to for resell purposes don't do that yourself save your money and leave the shoe alone for people that want it

Nike did the wrong thing that Nike did is to drop the shoe on the same time the Oregon

five are dropping there's too many shoes and people don't have that money that much money to blow give people a chance to like relax a little bit it's just too much stuff and like no time I guess this is just not good but I also wanted to show you something else actually I don't want to do that today let's not do that today anyway be sure to subscribe to hot cakes and if you want to buy it you should not have a link for you in the description book make sure you subscribe to house of kicks and if this information is helping you guys out be sure to share with your friends

and again subscribe to house a kicks thanks for watching and and I'll see you next time