{"id":1446,"date":"2013-09-03T04:11:46","date_gmt":"2013-09-03T04:11:46","guid":{"rendered":"http:\/\/sneakerheaddata.wordpress.com\/?p=15"},"modified":"2015-12-17T15:24:37","modified_gmt":"2015-12-17T20:24:37","slug":"analysis-buying-sneakers-on-ebay","status":"publish","type":"post","link":"https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/","title":{"rendered":"Analysis:  Buying Sneakers on eBay"},"content":{"rendered":"<p><span style=\"text-decoration: underline;\"><strong>The Problem<\/strong><\/span><strong>: \u00a0<\/strong>Didn&#8217;t get that quickstrike release? Still getting dusted by bots on Twitter RSVP?\u00a0 Too old to camp out?\u00a0 Yep.\u00a0 Same here at Campless. Assuming you\u2019re just like us, left to chasing auctions, hoping for a decent resell price while weeding out fake AJs, this might be for you. \u00a0We\u2019re kicking off our new series of sneaker data analysis articles by sharing a strategy on how to approach the sometimes cutthroat environment of online sneaker auctions.\u00a0 It\u2019s a very simple recommendation actually, but you can rest assured that any tip you get from us will be backed by data.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Hypothesis<\/strong><\/span>: \u00a0The best deals disappear quickly<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Data<\/strong><\/span><strong><span style=\"text-decoration: underline;\"> set<\/span>:<\/strong>\u00a0 121,361 eBay sales for deadstock, men&#8217;s Air Jordan Retro\u00a0III &#8211; XIV (173 different models) from April 2012 through May 2013<\/p>\n<p><!--more--><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Analysis<\/strong><\/span>: \u00a0The average sales price increases the longer it takes the eBay listing to end. \u00a0This may seem intuitive, but note, this is <span style=\"text-decoration: underline;\">not<\/span> stating the obvious fact that an auction price increases the longer it <span style=\"text-decoration: underline;\">runs<\/span>; this is about how quickly it takes to <span style=\"text-decoration: underline;\">sell<\/span>.\u00a0 The key insight is really the inverse: \u00a0the lowest average price can be found in eBay listings which end quickly &#8211; whether Buy-it-Now or actual auction.<\/p>\n<ul>\n<li>0 to 1 days: \u00a0$270<\/li>\n<li>2-4: \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $274<\/li>\n<li>5-7: \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $276<\/li>\n<li>8-10: \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $294<\/li>\n<li>11-20: \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$326<\/li>\n<li>20+: \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$336<\/li>\n<\/ul>\n<p>When we plot the data on a graph we can see a very clear upward slope after 7 days. \u00a0That&#8217;s telling us that we should ignore auctions that last over 7 days, and should avoid any Buy-it-Now pair that&#8217;s been sitting for more than a week.<\/p>\n<p><a href=\"https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2013\/08\/auctions-over-time-chart-v3.jpg\"><img decoding=\"async\" title=\"StockX Image\" loading=\"lazy\" class=\"alignnone size-full wp-image-28\" src=\"https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2013\/08\/auctions-over-time-chart-v3.jpg\" alt=\"Auctions over time chart v3\" width=\"640\" height=\"355\" \/><\/a><\/p>\n<p>This also explains why, when you go to eBay to check the price of a pair of sneakers, the price is often higher than you&#8217;d expect. \u00a0What you&#8217;re seeing is mostly those overpriced auctions which have been sitting around for a while &#8211; hence why they&#8217;re still sitting around.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Recommendation<\/strong><\/span><strong>: \u00a0<\/strong>Wait for the next auction to be posted. \u00a0Don&#8217;t let stale auctions artificially increase your perception of fair market value.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Qualitative Analysis (your turn)<\/strong><\/span>: \u00a0What&#8217;s your preferred strategy for trying to find a deal in a sneaker auction?\u00a0 Buy-it-Now? \u00a0Snipe at the end? \u00a0Something else?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Problem: \u00a0Didn&#8217;t get that quickstrike release? Still getting dusted by bots on Twitter RSVP?\u00a0 Too old to camp out?\u00a0 Yep.\u00a0 Same here at Campless. Assuming you\u2019re just like us, left to chasing auctions, hoping for a decent resell price while weeding out fake AJs, this might be for you. \u00a0We\u2019re kicking off our new [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"brands":[],"series":[],"verticals":[],"class_list":["post-1446","post","type-post","status-publish","format-standard","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analysis: Buying Sneakers on eBay - StockX News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analysis: Buying Sneakers on eBay - StockX News\" \/>\n<meta property=\"og:description\" content=\"The Problem: \u00a0Didn&#8217;t get that quickstrike release? Still getting dusted by bots on Twitter RSVP?\u00a0 Too old to camp out?\u00a0 Yep.\u00a0 Same here at Campless. Assuming you\u2019re just like us, left to chasing auctions, hoping for a decent resell price while weeding out fake AJs, this might be for you. \u00a0We\u2019re kicking off our new [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/\" \/>\n<meta property=\"og:site_name\" content=\"StockX News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/stockxdotcom\" \/>\n<meta property=\"article:published_time\" content=\"2013-09-03T04:11:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-12-17T20:24:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2013\/08\/auctions-over-time-chart-v3.jpg\" \/>\n<meta name=\"author\" content=\"Josh Luber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@stockx\" \/>\n<meta name=\"twitter:site\" content=\"@stockx\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Josh Luber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Analysis: Buying Sneakers on eBay - StockX News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/","og_locale":"en_US","og_type":"article","og_title":"Analysis: Buying Sneakers on eBay - StockX News","og_description":"The Problem: \u00a0Didn&#8217;t get that quickstrike release? Still getting dusted by bots on Twitter RSVP?\u00a0 Too old to camp out?\u00a0 Yep.\u00a0 Same here at Campless. Assuming you\u2019re just like us, left to chasing auctions, hoping for a decent resell price while weeding out fake AJs, this might be for you. \u00a0We\u2019re kicking off our new [&hellip;]","og_url":"https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/","og_site_name":"StockX News","article_publisher":"https:\/\/www.facebook.com\/stockxdotcom","article_published_time":"2013-09-03T04:11:46+00:00","article_modified_time":"2015-12-17T20:24:37+00:00","og_image":[{"url":"https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2013\/08\/auctions-over-time-chart-v3.jpg","type":"","width":"","height":""}],"author":"Josh Luber","twitter_card":"summary_large_image","twitter_creator":"@stockx","twitter_site":"@stockx","twitter_misc":{"Written by":"Josh Luber","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/","url":"https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/","name":"Analysis: Buying Sneakers on eBay - StockX News","isPartOf":{"@id":"https:\/\/stockx.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/#primaryimage"},"image":{"@id":"https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/#primaryimage"},"thumbnailUrl":"https:\/\/s3.amazonaws.com\/stockx-sneaker-analysis\/wp-content\/uploads\/2013\/08\/auctions-over-time-chart-v3.jpg","datePublished":"2013-09-03T04:11:46+00:00","dateModified":"2015-12-17T20:24:37+00:00","author":{"@id":"https:\/\/stockx.com\/news\/#\/schema\/person\/e0ff6733345abaf08623513809dd9bb3"},"breadcrumb":{"@id":"https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/#primaryimage","url":"https:\/\/s3.amazonaws.com\/stockx-sneaker-analysis\/wp-content\/uploads\/2013\/08\/auctions-over-time-chart-v3.jpg","contentUrl":"https:\/\/s3.amazonaws.com\/stockx-sneaker-analysis\/wp-content\/uploads\/2013\/08\/auctions-over-time-chart-v3.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/stockx.com\/news\/"},{"@type":"ListItem","position":2,"name":"Analysis: Buying Sneakers on eBay"}]},{"@type":"Person","@id":"https:\/\/stockx.com\/news\/#\/schema\/person\/e0ff6733345abaf08623513809dd9bb3","name":"Josh Luber","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/stockx.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/29034884b8bd44457915d1565ee25d9f19091ce330db4852fe32809369f059e8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/29034884b8bd44457915d1565ee25d9f19091ce330db4852fe32809369f059e8?s=96&d=mm&r=g","caption":"Josh Luber"},"sameAs":["http:\/\/campless.com"],"url":"https:\/\/stockx.com\/news\/author\/joshcampless-com\/"}]}},"article":{"url":"https:\/\/stockx.com\/news\/analysis-buying-sneakers-on-ebay\/","title":"Analysis:  Buying Sneakers on eBay","date":"September 3, 2013","category":"","featured_image_url":"https:\/\/stockx.com\/news\/wp-content\/themes\/stockx-2020\/assets\/images\/blog-image.jpg","verticals":[],"author":{"url":"https:\/\/stockx.com\/news\/author\/joshcampless-com\/","name":"Josh Luber"}},"_links":{"self":[{"href":"https:\/\/stockx.com\/news\/wp-json\/wp\/v2\/posts\/1446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockx.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockx.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockx.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockx.com\/news\/wp-json\/wp\/v2\/comments?post=1446"}],"version-history":[{"count":0,"href":"https:\/\/stockx.com\/news\/wp-json\/wp\/v2\/posts\/1446\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockx.com\/news\/wp-json\/wp\/v2\/media?parent=1446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockx.com\/news\/wp-json\/wp\/v2\/categories?post=1446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockx.com\/news\/wp-json\/wp\/v2\/tags?post=1446"},{"taxonomy":"sx_brand","embeddable":true,"href":"https:\/\/stockx.com\/news\/wp-json\/wp\/v2\/brands?post=1446"},{"taxonomy":"sx_series","embeddable":true,"href":"https:\/\/stockx.com\/news\/wp-json\/wp\/v2\/series?post=1446"},{"taxonomy":"sx_vertical","embeddable":true,"href":"https:\/\/stockx.com\/news\/wp-json\/wp\/v2\/verticals?post=1446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}