No, just your average run of the mill watch hoarder.

 

You would be a miller then?

 

If I had up to 1,000 watches I would just launch Chrono25 and beat them into the ground 🤔.

 

Motivation to sell at the lowest price possible.

 

Excellent response. 👍
Edit: put realistic prices on your watches and they might sell faster.

 

Glad I hoard instead of flip......

 

Is this a one time fee? Not the percentage of each sale?

 

I believe it's a monthly fee

 

Dont know if related or not, but a Japanese seller i frequented on Ch24 recently removed their free shipping ( it was dhl) and have now added an NZ$ 116 shipping fee on all of their offerings.

 

The yen has been strengthening against the Western currencies since mid-July, could well be that.

 

It’s almost as if Chrono24 was a business whose goal was to make money.

 

Exactly

 

I might have to be to get Maximum Flexibility.

 

I know I’m tired of seeing so many professional dealers on the site.
I don’t go there to find watches at retail. I go there to look at what private individuals are selling, hopefully at a discount.

Good for them, hope it thins the dealer herd.

 

Are the numbers for how many watches are listed all at once? Per year?

 

Listed at once

 

No good ways to sell used watches seems to be slowing the sales of new watches.

 

Sounds like you just woke from a coma and are unaware of prices going up drastically on everything the last few years.....

 

True, but why force it? Having a very broad selection of product is an important factor for such a platform, too. In that way, they accommodate both people who want to sell fast and those who aren't in that much of a hurry. Especially if the market is cooling down, why depress prices further with such a policy?

Is this a one time fee? Not the percentage of each sale?

It is the monthly fee corresponding to the number of watches for sale, then the commissions for each sale are added, which vary between 9 and 12%

 

As a watch dealer, we used Chrono24 since 2017. At the start, the commission fee was only 3% and the monthly advertising fee was manageable. Over the years the commissions has risen to nearly 12% on average and the monthly fee has crept up. That is, until the announcement mentioned in the first post. It results in a doubling of the monthly advertising cost which makes using Chrono24 no longer viable for a smaller dealer like ourselves. We have taken the decision to no longer use Chrono24 as of the beginning of this month. It is a shame, and feels like they are headed in the wrong direction.

 

Based on the amount per watch this ranges from roughly €8 to €2. Actually seems setup to encourage listing more watches, which makes sense. Either go all in or do not try to be a "professional"...if small numbers, make them count.

Either way the amount per watch seems reasonable, though it will minimize the presence of affordable watches. Based on the decision I assume that is C24's preferred approach anyway