Second Hand Sports Shoes Market Is Very Popular, APP Attracts Much Attention.

The market for second-hand shoes is increasing.

An intuitive feeling is that over the past two years, more and more sports shoes have been launched, and they are hard to get.

Some people aim at business opportunities.

GOAT (the Greatest Of All Time) is one of them. It was founded in July 2015, and is a completely used APP.

Trading platform.

As one of the few sports shoe resale platforms in the world, GOAT has experienced a good opportunity for black Friday after experiencing sales of $8000 in the first month.

After the new A financing, the total amount of the company's financing reached US $12 million 600 thousand.

At present, GOAT has about 20 full-time employees. Eddy intends to use new capital to further automate the evaluation process of sneakers, or even put robots into warehouses.

Of course, it also includes promoting the Sneaker community with this money, and intends to complete the international market distribution as soon as possible.

The founder, Eddy Lu, is a continuous entrepreneur from Losangeles, USA. In the 2010 year of the year, he founded GrubWithUs with a partner and offered dinner with strangers. After spending money from investors, he temporarily failed. But this time, Eddy's new company found a good time.

In the latest round of financing by Jingwei venture capital, GOAT got $5 million.

At the beginning of the founding, the demand was greater than the founder.

In the imagination, too many people sign up for APP, and services are frequently downloaded. According to Eddy's own words, "every second is someone" cursing him and his platform.

According to Matt Powell, a sports industry analyst at NPD group, an information consultancy, the annual sales of second-hand sports shoes and trading market have increased to 200 million to 500 million dollars under the sales promotion of Instagram and other social media services.

In most cases, people trade privately or hang on to eBay, and GOAT's team intervened further.

People who want to sell shoes send their shoes to GOAT via APP.

Verify authenticity (presumably the necessary condition for the establishment of the business), then upload photos by GOAT, upload shelves, wait for someone to buy, and GOAT charge a certain fee for this purpose.

As one of the few sports shoe resale platforms in the world, GOAT has experienced a good opportunity for black Friday after experiencing sales of $8000 in the first month.

After the new A financing, the total amount of the company's financing reached US $12 million 600 thousand.

At present, GOAT has about 20 full-time employees. Eddy intends to use new capital to further automate the evaluation process of sneakers, or even put robots into warehouses.

Of course, it also includes promoting the Sneaker community with this money, and intends to complete the international market distribution as soon as possible.

The predecessor of the trading platform co founded by the knight Dan Gilbert and consultant Josh Luber was originally basketball shoes data and consulting blog Campless.

When you open the website of StockX, you are entering a stock market page. Every pair of shoes sold on them marks the price trend and helps you understand that those limited bursts are not worth starting at the moment.

Identifying the authenticity of the inspection team is only a necessary condition for doing this kind of business.

Compared with StockX, the advantage of GOAT lies in the entrance of mobile APP, and the former is more precise in grasping and analyzing data.

They can be useful when they seek advice from banks and hedge funds seeking investment opportunities for sports footwear brands in the future.