Tag Archives | nike

Stephen Curry Team USA Jersey Review (AliExpress, Aimee Smith)

To reward myself for a recent 2nd place (but a cash prize!) finish at an innovation competition at Kellogg, I decided to buy myself a fake jersey. Normally I wouldn’t do this, at least not knowingly (damn you eBay!), but I wanted to look at the process of buying things from AliExpress (an Alibaba company), which helps Chinese vendors sell directly to international consumers. Prior to this, I had been curious about the quality of fake jerseys, and who made the best ones. You can find plenty of reviews of fake jerseys on YouTube, but sub-Reddits like http://www.reddit.com/r/sportsjerseys and http://www.reddit.com/r/basketballjerseys/ are also very useful.

I ended up deciding on a Stephen Curry Nike FIBA 2014 jersey, primarily because as far as I know, it was never sold to the public as Curry is signed to Under Armour. For the seller (there are a number of them), I chose “Aimee Smith”, who has great reviews both online and within the AliExpress storefront – as of my writing this post, she had received feedback from 10,299 people with 99.4% reporting positive transactions. This means about 10,237 people liked “her”, while just 62 people did not. I, for what it’s worth, also liked her.

Before going into the jersey , I’ll talk a bit more about the AliExpress experience:

https://i0.wp.com/style.aliunicorn.com/wimg/buyer/single/standard-definition-logo.png

  • Security: AliExpress is very easy to use – you do not need to worry about credit card security issues, or any other negative fears you may hold about buying from some “random” site in China. AliExpress (and Alibaba) is no random company – they have been doing this a long time, and you will see that in your shopping. AliExpress accepts all major credit cards (American Express, Visa, Mastercard) and also has a clear buyer protection policy. The website is no harder to use (and is likely easier) than any other American site that you like.
  • Responsiveness: It is very easy to ask sellers questions, and Aimee Smith in particular is very responsive. She answered all my questions in less than a day and often, within minutes (keep in mind the different time zones). On eBay, whether you get any responses at all is random based on seller. From my experience, eBay sellers response properly less than 50% of time.
  • Reviews: If you are fairly comfortable buying things on eBay or Amazon 3rd Party sellers, you will be fine on AliExpress. What I especially like about the service is that you can review the specific product from that seller. Thus, I could see what others felt about the specific Curry jersey I was buying from Aimee Smith. This makes sense for AliExpress since their products are not one-off goods (e.g. I only have one to sell, like my limited edition baseball card). This wouldn’t make as much sense for many small volume eBay sellers but it would for some and it would definitely make sense for many Amazon sellers.
  • Shipping / Tracking:  Assuming you get a good seller, AliExpress also does a great job of letting you know the status after you order. Even though you can check your order details on the site, however, the site never sends a detailed receipt via email

If you’re interested in AliExpress, I definitely say try it without fear, but do make sure you check for sellers with strong feedback before doing so, just as you would (I would hope) with purchases from eBay or Amazon 3rd party vendors.

On to the jersey!

I am happy with it. No complaints considering the price and fact that I cannot get (a major incentive to buy fake jerseys is when an authentic version is unavailable) a real one. The Curry jersey cost less than $22 shipped, and I received it in about 2.5 weeks (coming from China, after all) after ordering. If you are interested in fake jerseys, I would not hesitate to get one from Aimee Smith, and all the feedback online I have seen agree.

While I have not worn the jersey to play basketball in, the material is really soft. I am sure it does not have Dri-Fit or any other moisture-wicking technology built-in, but the jersey is light and I could see myself wearing it. In this sense, if you are normally someone who wears t-shirts for athletic wear, I would recommend this as an alternative. I bought a size small (I am 5’6, 140 lbs.) and I feel it was correctly sized.

To get into the details, let’s do a comparison of images from Getty Images,

455063814 455055924a Paul George authentic jersey auction on eBay,

and Nike Store images.clip_image0014clip_image001And for reference, my Stephen Curry Aimee Smith USA Jersey:

I imagine it might be tricky to compare all these images in this kind of vertical-line view, so I’ll summarize what I see as best as I can:

  1. For the USA lettering on the front, the authentic jerseys are flat (almost like a screen print integrated into the jersey material) and the borders around the letters are dark. On the Aimee Smith version, the borders are red, and the lettering is stitched.
  2. I believe the USA badge (on right chest of player above Nike symbol) on the authentics is printed on the jersey, while it is embroidered on the Aimee Smith.
  3. The placement and size of the “4” on the front match Getty images fairly well. There is no FIBA patch on the left clavicle, but some fake sellers have it.

Moving to the back and other components. This time, I will show Getty first, then the Aimee Smith and Paul George authentic alternating different parts.

455160982imageimageimageimageOther than the “4” on the back being too high relative to the Curry name, the back looks pretty good as well. While I could not tell how accurate the lettering was based on the Getty Images photo, comparing the Aimee Smith Curry to the Paul George authentic reveals that the “R” looks pretty close. Again, the Aimee Smith is more of a Swingman jersey in which all letters and numbers are stitched, which is not the case with the authentic. The jock tag at the bottom front of the jersey is much different between the two jerseys, which is also true of the collar tag. Nonetheless, if you had nothing to compare either with, it would be difficult to say that one of them appears fake.

As I mentioned before, the quality of the jersey is excellent – it probably looks no worse than an authentic Obsidian Warriors Swingman alternate jersey I bought from the NBA store a few months ago for 4 times the price. It could have easily sold as an authentic Nike USA swingman and it is likely better than an authentic replica Andre Iguodala Nike USA jersey that I own. I hope this helps, but feel free to ask me questions!

How Long Should I Wait in Line for “What the LeBron”? [Economics]

imageI was listening to this NPR podcast on the fashion sneaker economy and I got interested in the people who wait 12, 24, or even over 36 hours to purchase and then resell the shoe. Is it really worth it?

I absolutely believe in time is money, in the sense that any time you waste should be considered at a labor rate. This isn’t much different from waiting in line for a new Xbox or Sony Playstation console either. In November 2001, my friend Mike and I slept overnight outside Best Buy and Walmart in a Milpitas shopping cart in hopes of getting an Xbox. We did, but at the time we were both students who had nothing better to do and also made about $8.00 an hour in our part time jobs. We also only waited about eight hours or so – even though people were waiting in line at Best Buy, no one actually went to Walmart and we got our Xboxes easily that morning.

Now that I am an adult, the economics are different. Let’s answer two questions:

1) How much is it worth for me to pay in premium rather than wait in line for the new Nike Lebrons or Jordans that are released?

2) If I look to resell the shoes, how much do I need to profit to make it worthwhile to wait in line (versus taking care of my children or just flat out working another job?)

First Scenario:

$20 an hour, $800 a week ($40,000 per year)

(Assuming 40 hours of work; let’s avoid taxes and benefits reductions for simplicity. As a side note, the average salary in the US is $1000 per week.)

The chart below shows, based on how much the shoe originally cost ($250 before tax), your expected returns and salary based on waiting (this dismisses transportation, shipping costs, etc. This also doesn’t account for the times you may actually lose out on the shoe – yikes!)

If you are looking to buy and you make at least $20 an hour at your job, it is worth it for you to buy a $250 shoe at any of the prices listed in green. For example, if you think you would need to wait a full 24 hours in line to secure the shoe, you should be willing to pay up to $700 for the new Lebron rather than wait in line. If you purchase the shoe for $700, you are paying someone else $18.75/hr to wait in line for you, which is less than your own salary.

If you are thinking, but I have to pay someone, well, think of it as outsourcing your work. How much would you pay someone to do your job? If you make $20 an hour, but you can outsource it to Bob for $18.75, you can make $1.25 an hour from doing nothing. This is an arbitrage, free money off the ground.

If you are looking to sell, the cells in red show your hourly wage rate from waiting in line.

At $20.00 (white highlighted cell), you are indifferent (waiting 5 hours to sell (or buy) the shoe at $350).

imageSecond Scenario:

$25 an hour, $1,000 a week ($50,000 per year, roughly the average pay across the nation)

imageThird Scenario:

$30 an hour, $1,200 a week ($60,000 per year)

imageFor the last scenario, let’s say you do pretty well and make the magical $100,000 a year mark. Because you make a pretty darn good salary (congratulations, by the way!) I expect that you should have an intelligent approach to your time.

Final Scenario:

$50 an hour, $2,000 a week ($100,000 per year)

imageAs you can imagine, the more you make, the harder it is for you to really profit from waiting in line if you want to resell the sneaker, but it’s also more valuable for you to not wait inline if you just want it for yourself. If I had to wait more than 2 days for a shoe and I made the average US salary, it is economically worthwhile for me to pay $1,000 for a $250 shoe on eBay or NikeTalk rather than wait in line. In the podcast, they mentioned how resellers talk about the shoes like a stock, but there is one big difference. The transaction cost for purchasing/selling a stock is minimal. I can make a trade on eTrade for $20 at any time, it’s automatic. You can set it and resell it anytime (no waiting in line as with shoes) you need based on defined amounts, there are no extra fees in terms of storage (you need to keep shoes and boxes in great condition, collectors are picky).

If you make $100,000 a year, you are better off going to work rather than waiting in line longer than one night. Do some research on Campless, for example and find the right timing to make an offer on the shoe you want.

You may argue otherwise, which is fine, but ultimately you should define to yourself how much your time is worth before blindly waiting in line for shoes, video game consoles, or the new iPhone. Especially if you are an adult, with real bills to pay.