Goat App https://www.goat.com/.

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Presentation transcript:

Goat App https://www.goat.com/

What is it? Goat App is a new place to buy and sell all kinds of shoes, with the guarantee of getting what you pay for. The creator, Eddy Lu, says that having good shoes is more than just for sports, but that it’s a lifestyle.

When did it start, and How is it doing now? The co-founders, Eddy Lu and Daishin Sugano founded the company in 2015, but it didn’t get popular until late 2016. Now, it is one of the biggest online sneaker marketplaces that there is.

Why did they make it? They created GoatApp because buying expensive shoes isn’t always easy, there is lots of fake pairs and its also hard to find them for the right place. Now, with GoatApp, it doesn’t matter where you are, you can order rare sneakers and know that they are real.

How do they profit? GoatApp takes small fees from the people who sell on the app, and from the people buying. It’s a very efficient way to make money, since so many people use the app.

How does it work? Anybody can sell shoes to Goat, you go on the app and press sell, then when somebody buys it you send it to their headquarters, where they check to make sure that the shoe isn’t a replica, and that everything that’s supposed to come in the box does.