China’s Sneakerheads Chase 6,600% Returns Flipping Air Jordans

China’s Sneakerheads Chase 6,600% Returns Flipping Air Jordans

Assessment

Interactive Video

Business, Information Technology (IT), Architecture, Other

University

Hard

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The video discusses the booming sneaker reselling market, valued at billions in the US and China. It highlights the characteristics of valuable sneakers, such as limited editions and celebrity associations. The market is driven by individuals, especially teenagers, who use platforms like StockX to buy and sell sneakers for profit. Venture capitalists are investing in these platforms, anticipating future public offerings. The market includes various brands, even older ones, contributing to its diversity and growth.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the growth of the sneaker reselling market in China?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the characteristics of sneakers that are typically resold for high prices.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How do individuals, particularly teenagers, engage in sneaker reselling as a way to make money?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What online platforms are popular for sneaker reselling, and what is their significance?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the potential future of sneaker reselling companies in terms of investment and market growth.

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