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Watchfinder & Co. Will Launch a Marketplace Next Year

Maidstone, U.K.—Pre-owned luxury watch specialist Watchfinder & Co. has announced it will launch a marketplace in 2023, providing a place for retailers to sell their stock. The e-commerce website, which will be hosted on Watchfinder’s existing website, will give its customers an even wider range of options by welcoming a selection of high-end watch retailers to sell their pre-owned inventory. Just as with Watchfinder’s current e-commerce range of pre-owned timepieces, all marketplace watches will be inspected and authenticated by Watchfinder’s team of experts in their independent service centers, which have been accredited by 19 of the world’s leading watch manufacturers, the company said.

All marketplace products also will come with a 24-month Watchfinder warranty.

Additionally, marketplace customers will have access to Watchfinder’s in-house watch experts, aftersales team, portfolio of financial solutions, and bespoke part exchange services, meaning they can trade in one or more of their watches and put its value towards a marketplace purchase. Roll-out of the marketplace will begin in the U.K. in the spring, followed by key international markets, including the U.S., France, Germany, and Switzerland. Watchfinder has partnered with French cloud-based e-commerce software company Mirakl, the tech partner behind e-commerce websites from the likes of Macy’s, Inc., Galeries Lafayette, Yoox, and Urban Outfitters.

“Providing our customers with access to the widest selection of great quality pre-owned timepieces has always been our number one priority, and launching our own marketplace allows us to bring even more choice to our customers whilst still maintaining the highest standards when it comes to product quality and customer experience,” said Watchfinder & Co. CEO Arjen van de Vall.

Watchfinder currently offers thousands of watches from more than 70 different luxury brands through its own website and its network of private showrooms and boutiques across the U.K., France, Germany, Hong Kong, Italy, Switzerland, and the U.S.

The company was acquired by Richemont in 2018.

Credit: National Jeweler

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