Imagine buying a pair of sneakers for 500 AED and discovering that, five minutes later, someone is willing to pay three times as much for them. Same shoes, same box, same laces. The only difference? You managed to get your hands on them, and thousands of others didn't. Sounds like a really cool news everyone is willing to get the random Tuesday.

Welcome to the strange economics of sneaker culture, where shoes can behave like stocks, shopping feels like a competitive sport and sometimes winning a raffle simply means earning the right to spend your own money. Quite a business model, isn't it?

And that is exactly what we are exploring in Episode 3 of Sneaker Talk, The Sandy Times podcast. This time, we are following the money: how limited releases create demand, why resale prices can skyrocket and how brands have turned scarcity into one of their most powerful marketing tools.

The third episode explores the business of sneaker hype through four models that each tell a different story about scarcity and desire:

You will also discover how sneaker drops and raffles work, why bots can make buying trainers feel almost impossible, who actually profits from the resale market and why a shoe's value can collapse just as quickly as it rises.

And, perhaps most importantly, we will ask whether a sneaker is still worth wanting when nobody knows how much it costs.

Listen to Episode 3 of Sneaker Talk on STR — and find out why the most expensive part of a sneaker isn't always the shoe itself.