• 2013 June 05

Company Description

Montou offers an online market place that enables its users to buy and sell used products.

Montou fills a niche in the e-commerce market. Thrift. About 20% of the US population shops at thrift stores. Thrift is intrinsically green, is a great way of finding unique items, and it is inexpensive. (usually under $10) In the US, we throw away 47M tons of goods, that are not at the end of their usable life. ('durable goods') This is money, being buried. Goodwill, the largest company in the thrift business makes 3B a year revenue from the 20k tons of durable goods donated to them. They are projected to grow 10% this year. The closest existing example of the Montou Network is Ebay. Montou will be different from Ebay in a lot of ways, but Ebay's numbers are the closest example. Ebay does 3.9B dollars worth of business a year. Of its 112.3M users, 1.3M are sellers. The 3.9B in revenue is generated by those 1.3M sellers. These numbers place Montou at the convergence of two giant markets. Of the ways there are to sell online, NONE are centered on the thrift market. Other than stand-alone, e-commerce stores, thrift is missing from the online marketplace. Why? Fee scales. None of the existing platforms use a volume pricing scale, they all use a highest price per item model. This creates a barrier to entry for Thrift selling. Montou wants to break down the barrier to having thrift online.