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Clearly, sneaker fans are willing to match Nike’s price for Air Jordans when buying reps, but can those clones command a 3x price boost in the resale market? Does this product allow me to accomplish the task for which I purchased it? If yes, then that it is a contributing factor to its value.
I realize this runs contrary to what most economists will tell you. To economists, value is derived from factors like supply and demand, usefulness, or the price people are willing to pay, but these factors are flawed. For instance, it’s not always true that the price drives value.
Counterfeit sellers, however, might be vague in their responses or completely unresponsive to specific questions about the product’s authenticity. Genuine sellers understand the importance of proving authenticity and are typically willing to provide detailed photos, proof, and answers to your inquiries. Ask for original purchase receipts or authenticity cards if applicable.
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