Trust Powers Resale Commerce
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A platform called Treat.co that enables brands to host their own secondhand marketplace directly on their Shopify stores, creating a circular commerce model where items can be resold multiple times while the brand maintains control and earns revenue from resales.
Key Points:
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Core Platform Function:
- Adds a resale marketplace tab/page to existing Shopify stores
- Enables customers to list and sell used items directly through the brand's store
- Processes transactions using standard credit card processing
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Benefits for Brands:
- Creates new revenue stream through % cut of secondhand sales
- Maintains control over resale experience
- Legitimizes secondary market under brand umbrella
- Reduces customer service headaches from unofficial resale channels
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Benefits for Customers:
- Higher trust than Facebook groups or unofficial marketplaces
- Streamlined buying/selling process
- No need for manual PayPal invoicing or Facebook group coordination
- Verified transaction system through official brand channels
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Solves Common Resale Problems:
- Eliminates sketchy transactions common in Facebook BST groups
- Provides structure to previously fragmented resale market
- Reduces scams and customer service issues
- Gives brands participation in secondary market value
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Target Market:
- D2C brands with strong secondary markets
- Brands experiencing unofficial resale activity
- Companies wanting to participate in circular commerce
50:06 - 52:55
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.