Brand-Owned Resale Markets
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A platform called Treat.co enables brands to create their own embedded secondhand marketplaces directly on their websites, replacing fragmented resale channels with an integrated solution.
Key Points:
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Core Concept:
- Enables "circular commerce" where items can be resold multiple times
- Embeds a secondhand marketplace tab directly into brand's existing store
- Replaces informal Facebook groups and manual PayPal processes
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Benefits for Brands:
- Creates new revenue stream through % cut of resale transactions
- Maintains control over secondhand market of their products
- Legitimizes resale within their business model
- Reduces customer service headaches from unofficial resale channels
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Customer Benefits:
- Higher trust than random Facebook groups
- Streamlined buying/selling process
- Normal credit card processing
- Direct integration with official brand store
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Market Opportunity:
- Centralized marketplaces like Mercari/Poshmark are worth $3-4B
- Same market opportunity but decentralized to individual brands
- Strategy focuses on empowering brands rather than building a destination marketplace
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Implementation:
- Works with existing e-commerce platforms
- Brands set their own commission rates
- Handles all transaction processing
- Professional listing and buying interface
52:04 - 58:22
Full video: 01:18:56SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.