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(9/12) One thing you might not know about products and product delivery - it takes a long time to develop a product and it takes an even longer time to have it created and it takes an even longer time

October 2, 2019

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(9/12) One thing you might not know about products and product delivery - it takes a long time to develop a product and it takes an even longer time to have it created and it takes an even longer time to have it delivered from China. Once I got word from Jay that we were moving forward, I was fairly certain that the first part of this deal would translate to roughly $100k in profits, so I placed orders for 10,000 hangtags and 10,000 shoe trees and 10,000 bags. These were what the manufacturers called ‘MOQ’s or ‘Minimum Order Quantities’. And just like that, $20k of the forecasted $100k was gone. ⁣ ⁣ Jay invited me to The UN Invitational - a sneaker convention at the mall that they were putting on and I was told I would get a chance to really pitch it there. I booked a hotel for a few days, invited a few friends to help out (shoutout @veenomous @willdrewes @vhugo_padilla and the rest who joined me), and spent a couple days playing ball @unlv with @pjeung23 . One night we were hanging around the shop and Jay invited us all over to his home overlooking Vegas one night for some wings and whiskey. I had a great time. I was confident this was going to be the breakout.⁣ ⁣ The next morning, I got there super early and set up a booth and my big ass computer monitor and preservation cases showing the different grade states and was ready to roll. The show was a success for the shop, but for me and The Sneaker Savant - it was a total flop. It was my first sneaker convention and I had no idea what to expect. I expected people to come up and talk to me, but in reality it was a line of about 3,000 kids all hoping for the opportunity to win a single pair of Yeezys. They all lined up by the table and almost every kid glanced at our table for less than 10 seconds before deciding I wasn’t going to give them free Yeezys. It was awkward. A couple of people came by and talked to us and told us how dope it was, but overall there was no activity. And I had no idea what I was doing. Clearly another missed opportunity for @thesneakersavant
Tags: PE Yeezy
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