Nike Dunk Low SP University Red Release & Resale Guide
A new Nike Dunk is set to drop this June right after the “Brazil” rendition. The Nike Dunk Low SP University Red is set to drop on the 12th of June (EU) and July 1st (US). Continue reading to know all about it!
I can say one thing right off the bat, these will be profitable and can make you some good money. Believe it or not, you can make thousands a month from re-selling sneakers like this.
This Multi-Billion Dollar Market has seen growth even after this whole pandemic. It’s safe to say the sneaker re-selling market could be a very good investment.
I recommend following our blog for some free sneaker re-selling education. Also sign up to our news-letter below to never miss out on important new drops every week!
As always, before getting into the resale prediction of the Nike Dunk Low SP University Red. Let’s get into a bit of background!
Skip to conclusion for quick Summarized information
Nike Dunk Low/Background
The Nike Dunk Low is a fan favorite that has people collecting them for over a decade. The Dunk was not only a functional sneaker for skateboarders but also a fashion staple for sneaker heads.
It all started after the restocking of the original Air Jordan 1. After Nike made too many of them, the sneakers sat on shelves with a vast surplus of stock.
After receiving massive discounts, skateboarders began to take notice and got interested. They needed low priced “Fresh” looking sneakers with good traction and support.
After Nike witnessed this new market, they established the Nike SB Dunk division in 2002. It is now worth over a billion dollars.
Through effective storytelling scarce distribution channels, Nike Sb Dunk has become an iconic figure in the sneaker industry. Nike SB is now a very hyped sneaker with great resale value and high profit margins.
Nike Dunk Low SP/A profitable Bunch
The Nike Sb Dunk and Dunk Low may have lost its clout in previous years. However, it is making a comeback. We’ve seen a few very profitable releases this year and there are many more to come.
The Nike Dunk Low Chunk Dunky is just one example of the many profitable recent releases. These could resell for around $500 which is a $400 profit per pair!
Other pairs along with the spring SP Lineup also include: Nike Dunk Low SP varsity Maize Pine and the University Orange which will release later this month.
The low retail prices along with the high resale value is part of what makes these so popular among sneaker-heads. Let’s look at a few recent releases to help us estimate the resale value of the Nike Dunk Low SP University Red.
Nike Dunk Low SP Varsity Maize Pine Green
Retail Price: $100
Peak Resell: $610
Release Date: 05/21/2020
Colorway: Varsity Maize/Pine Green
This Dunk Low is inspired by the Brazilian Flag and a rendition of the Nike Dunk Low (2000). This sneaker features a polished, green and yellow leather upper.
The sneaker also has a Varsity Maize toe box, white laces, a white tongue and a green “Swoosh”. A white mid-sole and green out-sole finishes off the design.
These did very well on the resale side, as we predicted, with decent profit margins. According to StockX, the trade range is between $258-$278 with the average price being $292.
Very close to the estimated resell we predicted of $280. The peak resell is also high. Had you sold these at their peak resale, profit would have been $510.
More a more detailed look, see our article.
Nike Dunk Low SP Kentucky
Retail Price: $100
Peak Resell: $638
Release date: 03/14/2020
Colorway: White/Varsity Royal
These came out along with the Syracuse colorways as part of the Nike dunk low spring lineup. This was in celebration of the 35th Nike Dunk anniversary after it debuted in 1985.
The colorway “Kentucky” was part of the Nike collage colors program where it released colorways for 12 different universities.
The sneaker features a white leather upper with Varsity royal overlays. A Varsity Royal “Swoosh”, laces as well as the “Nike” logo on the tongue. A white mid-sole and blue out-sole finished off the design.
These have also done tremendously well on the resale market. The trade range is between $334-$364 with the average price being $254. That’s an average profit of $154 per pair.
Had you sold these at peak resale values, profit would have been $538 before taxes and service fees.
For a more detailed look, see our article.
The resale is looking pretty solid so far for the Nike Dunk Low SP university Red. However, let’s look at the most similar recent colorway to make the most accurate estimate.
Nike Dunk Low SP Syracuse
Retail Price: $100
Peak resell: $799
Release Date: 03/14/2020
Colorway: White/Orange
Also released in celebration of Nike Dunk’s 35th anniversary, these feature a white and orange tone. A polished White and orange leather covers the sneaker with an orange “Swoosh”.
It also has orange laces, a white mid-sole and finally, an orange out-sole. These sneakers also have very good resale value.
The trade range is between $296-$364 with the average price being $269. That’s an average profit of $169 per pair before taxes and service fees.
Had you sold these at peak resale value, profit would have been $699 before tax and service fees. Overall, that’s pretty good resale!
Check out our article for a more detailed look.
Nike Dunk Low SP University Red
Retail Price: $100
Estimated Resell: $240
Release Date: (EU)06/12/2020
(US) 07/01/2020
Colorway: White/University Red
Nike is set to continue its spring line up with the Nike Dunk Low SP University Red following the Syracuse, Kentucky and Brazil (2020) releases.
This seems to be a continuation of “Be True to Your School” pack with this one being reminiscent of the “ST. Johns” colorway.
The sneaker features a university red overlay and a white toe box. It also has red laces, a red Nike “Swoosh” a white tongue with a red “Nike” logo.
Finally, a white mid-sole and red rubber out-sole finishes off the design. See these mock-up photos for what the sneaker may look like in more detail.
Resale Value
As estimated from the resale values of the mentioned colorways. The Nike Dunk Low SP University Red is expected to have very good resale value similar to the previous releases.
Due to the low retail value and high resale value, this is expected to sell out fast. Considering the hype as well as the somewhat limited quantity, resale is expected to be around $240.
After applying a standard US tax rate and service fee. To get your money back you will need to sell for at least $120. That being said, you’re looking at an average profit of $120 which is a pretty good return!
Where to Cop
Expect these to sell out fast due to the hype and clout the SB Dunk now carries. You can cop the Nike Dunk Low SP University Red from the SNKRS app for the retail price of $100.
If you fail to cop, you can get them from re-seller websites such as StockX. I suggest using a bot and using multiple accounts to cop as they are expected to sell out fast.
Conclusion
Nike Dunk Low SP University Red
Retail Price: $100
Estimated Resell: $240
Release Date: (EU) 06/12/2020
(US) 07/01/2020
Where to cop: (Retail) SNKRS app, Select Retailers
(Resale) StockX
That’s all for today but stay tuned for more Nike Dunk Low SP releases this month! Follow our Twitter and Instagram for quick info on hot new releases.
Also, if you’re thinking of joining the sneaker re-selling business but don’t know where to start. The Hypemaster Playbook is all you need. I also recommend joining the SFSH cook group for valuable insider knowledge.
Take care everyone!
Signing off
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