What makes a shoe valuable?

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Ima Kihn asked a question: What makes a shoe valuable?
Asked By: Ima Kihn
Date created: Thu, Mar 11, 2021 10:46 PM
Date updated: Sat, Jul 16, 2022 5:44 PM

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Shoes designed to stay cool, weigh very little or provide mega protection are expensive. Innovation and the time and money it takes to achieve it drives up prices. Without the economies of scale in production to bring them back down again, you pay more. Limited distribution - It's the law of supply and demand at work.

  • There are some things that make a shoe more valuable The supply and demand model is definitely important when it comes to determining a shoe’s value. The lower the supply (or the rarer the shoe) and the higher the demand, the more valuable a pair of sneakers will likely be.

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