That goes into Toms Shoes’ marketing budget for the 13 years the company has existed – since the donations are basically free PR for Toms via their social media impressions and news coverage that they get for their donation runs. We know that as of March 2019, Toms Shoes has donated more than 88 million pairs of shoes. (Since Toms is not a listed company, the numbers aren’t exact and hence must use publicly available data to proceed further.) This answers the big question of whether Toms Shoes is profitable or not.
But, they are sold from anywhere from $44 to $150 in stores.Here’s a small rundown on how Toms makes a profit:
