We’re just four days away from the much-anticipated launch of the Women’s Air Jordan 1 High OG Satin Bred, essentially a reiteration of the Men’s Satin Banned 1 from 2016, which was limited to a mere 501 pairs. If this isn’t a prime example of a lucrative venture, I’m not sure what is. It appears that Nike is keen on maximizing profits, capitalizing on the spending power of consumers and the demand created by third-party marketplaces.
The shoe showcases the legendary “Bred” colorway, a dynamic blend of Black, Red, and White. It boasts a full satin construction, a nod to the iconic Air Jordan “Flight Suit” warm-up outfit sported by Michael Jordan back in 1985. If you’re looking to grab a pair, since they will be available in extended sizes, see details below
Where To Buy The Women’s Air Jordan 1 High OG Satin Bred
Style Code: FD4810-061
Release Date: October 18, 2023
Price: $180
Retailer(s)
Nike, Footlocker
Finishline, JD Sports
You may also purchase it right away on eBay
Resale Value: Jordan 1 High OG Satin Bred
The chart presents us with a summary of the average sale price of the shoe since the 13th of October. Based on the data, prices went from $201 to $215, increasing by $14 within a 24 hour span, although this sounds good, it might be a false positive, let’s see what the five number summary reveals.
Minimum: 150
Quartile Q1: 185.75
Median: 202
Quartile Q3: 209
Maximum: 263
The lowest the shoe sold for was $150, size 3.5. Let me also add that 36% of the pairs sold under the suggested retail price, that should certainly raise your eyebrows. How is this possible? I won’t get into that today but save it for another day. 25% of the shoes sold between $150 and $186, while half of them sold between $186 and $209. The top 25% sales were from $209 to $263, and there were seven outliers, {$150, $251, $251, $253, $255, $259, $263} corresponding to sizes 3.5,9,8,10,10,10.5 and another 10.5.
With these outliers removed, the overall average resale value is $196, with a low volatility of 4%. So you can expect about 95% of the shoes to sell between $184 and $208 leading to losses between $24 and $2. There might be sizes that might be worth pursuing, see next chart.
71% of the sales led to losses between $5 and $55, that is sizes 3.5 ( being the worst), 4.5,5,5.5,6,6.5,7,8,8.5 and 9.5. The remaining 29% led to earnings under $10 for mark ups between 2% and 4%. The picture is really clear, this isn’t a shoe you want to attempt to resell. Now some might try to pick up several pairs in hope to hold on to them and sell it later, and I’ll advise you not to even go that route. There will certainly be many restocks that will come our way and it might take up to 72 months to see a significant increase in the profit margins.
This is again good news for buyers who will be able to purchase a pair right around the retail price, see StockX
On feet images courtesy of Yankeekicks
