Now, this story about Yeezy is so tricky. Whereby, we are living in an age of the Kanye effect. Streetwear magazines are constantly following what this up-and-coming fashion guru is wearing and promoting. If he rocks a pair of regular Vans, chances are those Vans will sell out.
Everything he touches simply turns to gold. Why? This is an even trickier subject, but it seems like millennials simply respect the guy. For one thing, he is musically prodigious, has a street-sense of style that people seem to like, and his arrogance sells him equally.
In addition, his well-connectedness, and media presence make people want to follow his charisma. Also, in part due to his relationship with other online and social media sensations and influencers like — Kim Kardashian his boo.
Thus, when he releases shoes that even the top celebrities and athletes are wearing, everyone wants to get their hands on them. And they are willing to spend a pretty penny to get them.
That’s where supply vs. demand drives prices — and we all know that. So in this regard, the reason that Kanye West’s shoes are so expensive makes sense. But, only to a certain extent — for instance, the 950s don’t get much love.
Potentially, due to the fact that they aren’t too aesthetically pleasing and are rather tough to pull off. Before we look into more facts as to why these shoes are infamously expensive, let’s first familiarize ourselves with what Yeezy is.
What is Yeezy?
For any individual who is fully informed regarding the most recent design patterns, you are probably going to comprehend what Adidas Yeezys are. Adidas Yeezy is a collaboration between the German sportswear brand Adidas and American rapper Kanye West. In the event that you know anything about Adidas Yeezys you realize they are costly.
The least expensive you can get a couple of these shoes currently is likely someplace around $600. Although there are diverse sorts of Adidas Yeezy which retails for $245. Presently the least expensive you will discover is $1000 for a couple that is utilized.
Fresh out of the box new combines are going for about $1600. The most costly pair of Yeezy shoes are the Adidas Yeezy Boost 350 Sneakers, especially, ‘Black’ in color. These are going for at least $3,400. Kanye has had shoes with a wide range of brands.
Not forgetting, he has worked with big brands like Nike, Louis Vuitton, and Adidas. The Adidas Yeezy 350 v2 is the silhouette that built Kanye West’s empire. Shop Yeezy Boost 350 V2 shoes in Zebra, Black, Cream White, and every other colorway now on StockX.
Why is Yeezy expensive?
Well, first of all, this question needs to be clarified. Are you asking why the Yeezys’ retail prices are so high, or the resell prices are so high? So, Why is Yeezy by Adidas so expensive?
Simply, because of the fact that the company behind the line (Adidas) with its creative minds (like Kanye West) makes a limited stock of shoes for its potential buyers.
And, therefore, the supply of shoe gets limited while the shoe was in demand. All over the World, sellers take this as an advantage to increase the price and it keeps increasing from sellers to retailers.
Initially, Kanye West stated that he wanted his shoes to be relatively accessible to the average consumer. With the price range of between 350 – $200, 750 – $350 and 950 – $550. And obviously, these are not “cheap” by any means.
But, understand that Kanye is trying to be a luxury brand designer, which influences his price points. Materials-wise, no Yeezy shoes do not even come close to the workmanship spent on a pair of Loubs, Balenciagas, Common Projects, etc.
However, given the hype surrounding these shoes and the relatively decent boost technology that is in Yeezy shoes, prices aren’t too insane after all. Even shoe sellers have evidently shown that no matter the price, its consumers will still buy it worldwide.
Conversions are the fuel that keeps brand websites and their products alive. Every conversion represents direct revenue or future revenue. So, the higher your conversion rate, the more money you stand to make.
And as can be seen, the reason Yeezy shoes turn out to be so costly is, for the most part, a result of the name. Bearing in mind, creating a great name (like jmexclusives) online, in particular, is a one-way traffic channel to get more product leads and brand recognition.
These shoes could be the ugliest shoes ever and it would at present rat since it is a Kanye West shoe. In the event that you needed to endeavor to get a couple of Yeezy for retail your odds are extremely thin. These shoes sell out fast and aren’t easy to find for a low price.