Comments by "Joey Baseball" (@joeybaseball7352) on "Why Mall Sneaker Shops NEVER Have Customers But Stay Open!" video.

  1. Consignment shops are real estate companies, not sneaker companies. They charge monthly rent the shelf space to the sellers to house their shoes on their store shelves, whether they sell or not. And if/when they do sell, they take a fee. So, the store is getting paid for every shoe that's on the shelf, whether they sell or not. And if they do sell, they get a commission. And they probably have a waiting list of people wanting to sell their shoes at that store. So as long as the shelves are filled, the store is making money from the real estate that the shoes take up. And they make even more for every shoe they sell. The people you should be questioning are the tenants. Who are these people paying rent month-after-month just for shelf space to sell their shoes at this store? I'm convinced they're just people who want to show off their sneaker collection, and are willing to pay a store rent, just to show off their collection. They just probably see it as an expense they're willing to pay. Paying $100 a month rent to display their shoes in this store, might just be worth it to them. They view it as being a member in a special club, and those are just the membership fees.
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