I found these FabFeet Heel Replacements at Target and thought I'd give them a try. You get 4 pairs for just over $5!
All you need is a pair of pliers to yank out the old ones and a hammer (or if you're lazy like me, the side of the pliers) to pound the new ones in and you're done! Here's pics step by step of my favorite black peep toe pumps...
|Before - one was completely missing the rubber part|
|After I had removed the old heel tip|
|New heel tip in, before finished hammering|
Here's another before and after...
These probably would have looked better with nude heel tips, but for < $1.50, I can live with black!