Today, major Nike outlets in the Philippines released the Nike Zoom Hyperrev. I've noticed many were anticipating for these shoes to release in the country. And why not? Full-length zoom at $120 is a steal these days. Except that, when the shoes finally hit the stores, they weren't really priced at $120. To be exact, they cost P7,995. Seven thousand and nine hundred ninety-five pesos. Such wow.
Jordan CP3.VII and Nike Zoom Hyperrev price comparison.
To put things in perspective, consider the Jordan CP3.VII, which costs $125. When the CP3.VIIs were finally released in the Philippines, they were priced at P6,795. What costs $125 were being sold for P6,795. That's the CP3.VII. And then we have the Nike Zoom Hyperrev, which, again, costs $120. But when they were released in the country, they were priced at P7,995. What cost $120 were being sold for P7,995. Something is terribly, terribly wrong here.
I'm trying hard to find a rational explanation for the big price discrepancy, or as to why the Nike Zoom Hyperrev sells for far more than the price that people were expecting. I was hoping the Hyperrev would drop at only P6,595 or thereabouts, and nowhere around almost P8,000. I was looking forward to coping a pair, but the price just caught me off-guard, and now I'm hesitant. I just don't think it is way above the price that the Hyperrev is supposed to retail at.
Is this a sign of things to come from Nike this 2014? It's just the start of the year and this first price adjustment is already creating a stir. People aren't convinced. Or encouraged.
Jordan CP3.VII and Nike Zoom Hyperrev price comparison.
To put things in perspective, consider the Jordan CP3.VII, which costs $125. When the CP3.VIIs were finally released in the Philippines, they were priced at P6,795. What costs $125 were being sold for P6,795. That's the CP3.VII. And then we have the Nike Zoom Hyperrev, which, again, costs $120. But when they were released in the country, they were priced at P7,995. What cost $120 were being sold for P7,995. Something is terribly, terribly wrong here.
I'm trying hard to find a rational explanation for the big price discrepancy, or as to why the Nike Zoom Hyperrev sells for far more than the price that people were expecting. I was hoping the Hyperrev would drop at only P6,595 or thereabouts, and nowhere around almost P8,000. I was looking forward to coping a pair, but the price just caught me off-guard, and now I'm hesitant. I just don't think it is way above the price that the Hyperrev is supposed to retail at.
Is this a sign of things to come from Nike this 2014? It's just the start of the year and this first price adjustment is already creating a stir. People aren't convinced. Or encouraged.
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