Changing a 30 B EUR Industry                               Date: Nov 2012
HomeNOAH November 2012
HistoryFrom 0 to 300 Mio. EUR transaction volume in3 years through acquisitions and partnerships.2003                     ...
Chrono24 – The World´s Watch Market                                             Mobile                                    ...
Visits  Chrono24 is a fast growing and truly global marketplace.                                                   Chrono2...
CompetitionChrono24 and eBay are the only relevant players left.But eBay still 3x bigger but less focused.                ...
MarketAfter dominating the market, Chrono24 is now readyto change the 30 B EUR luxury watch industry.                  Mar...
Industry ChangeHow will Chrono24 change the industry?Trust, Transparency and Focus!       Regional availability      Inter...
TrustChrono24 builds trust through careful dealer selection,personal service and a secure payment (2013)                  ...
Thank YouMerci                Takk   Thank YouDziękujemy             Grazi    Gracias        谢谢 	감사합니다                    ...
- w . a-o f ec. m w wn hc n r e o      o    en c- wt ro n ac n r c ti . m/o ho f e e   tc    e         en- w .cb o. m/O H ...
- w . a-o f ec. m w wn hc n r e o      o    en c- wt ro n ac n r c ti . m/o ho f e e   tc    e         en- w .cb o. m/O H ...
Upcoming SlideShare
Loading in …5
×

Chrono24 - NOAH12 London

374 views

Published on

Early Game Changers - Presentation by Tim Stracke, CEO of Chrono24 at the NOAH 2012 Conference in London, Old Billingsgate on the 6th of November 2012.

Published in: Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
374
On SlideShare
0
From Embeds
0
Number of Embeds
10
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Chrono24 - NOAH12 London

  1. 1. Changing a 30 B EUR Industry Date: Nov 2012
  2. 2. HomeNOAH November 2012
  3. 3. HistoryFrom 0 to 300 Mio. EUR transaction volume in3 years through acquisitions and partnerships.2003 2010 2012Chrono24 is founded 100% Management- Chrono24 and eBay „own“ Buyout about 90% of the market Take-over of Chrono24 takes over WatchChoice, Australia JamesList’s watch category. Sales Rep in USA 2011 2003 - 2009 Strong Investment in Online Marketing Steady growth as a part- time side business. Sales Rep in AsiaNOAH November 2012
  4. 4. Chrono24 – The World´s Watch Market Mobile Fakten vllt. eher al Transaction Volume per year 300M USD TagCloud. Achtung: Diese Average price of a watch:alt. Als € Fakten sind 6.000 Hintergrund das LayOut der TitelFolie35.000 personal purchase 22 Languagesrequests to sellers per month Established: 2003 Trust Transparency Number of watches: 117.000 Sellers from 38 local Chrono24 domains 70 different countries NOAH November 2012
  5. 5. Visits Chrono24 is a fast growing and truly global marketplace. Chrono24 Visits per Month4,000,000 DE Uhren US Watches Visits FR Montres UK Watches3,500,000 (App) 150.000 IT Orologi CA Watches3,000,000 visits NL Horloges AU Watches per day ! ES Relojes MX Relojes2,500,000 PT Relógios BR Relógios GR PL Zegarki Ρολόγι2,000,000 α CZ Hodinky TR Saatler1,500,000 HU Órák CN 手表 HR Satovi HR 手錶1,000,000 Visits (Web) RO Ceasuri KR 시계 RU Часы JP 時計 500,000 CH Uhren DK Ure 0 AT Uhren SE Klockor Mar-08 Jun-08 Sep-08 Dec-08 Mar-09 Jun-09 Sep-09 Dec-09 Mar-10 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 BE Horloges AR Relojes 71% of Chrono24’s transactions are cross border (based on purchase requests) NOAH November 2012
  6. 6. CompetitionChrono24 and eBay are the only relevant players left.But eBay still 3x bigger but less focused. Other Marketplaces Forums, Price Engines Transaction Volume: Transaction Volume: Transaction Volume: 1 B EUR / Yr, 300 M EUR / Yr, 30-50 M EUR / Yr, (all estimates) Chrono24’s transaction volume grows at 70%/yr (based on purchase requests)NOAH November 2012
  7. 7. MarketAfter dominating the market, Chrono24 is now readyto change the 30 B EUR luxury watch industry. Market Volume Luxury Watches Worldwide Today‘s Luxury Watch Industry •  Dominated by Watch Brands(in B EUR) 6 •  Only very few brands sell +20% online 5 +25% •  Sales mainly through 4 authorized dealers 30 •  Many “grey market” dealers 25 20 •  Buying online from grey market dealers considered risky •  C2C secondary market mainly 2009 2010 2011 through eBaySource: Bain & Company & Fondazione Altagamma, own estimate Authorized dealers generate a 30-40% margin on retail sales price.NOAH November 2012
  8. 8. Industry ChangeHow will Chrono24 change the industry?Trust, Transparency and Focus! Regional availability International availability Dominated by brands Dominated by the market Local Prices Global Prices Pre-Payment Escrow Payment eBay (=Department Store) Chrono24 (=Luxury Boutique)NOAH November 2012
  9. 9. TrustChrono24 builds trust through careful dealer selection,personal service and a secure payment (2013) TRUST through ... Dealer Selection Personal Service Data Escrow service (2013)•  We verify every •  “Buying Agents” •  Recommendations •  Secure payment dealer before we help you to select for watch •  Personal list them and buy a watch purchases. information about•  Only ca. 50% of •  “Your personal dealers •  Chrono24 will act registrations shopping as an escrow •  Number of accepted assistant” (phone/ successful agent. eMail) •  Mediation for•  “One strike and transactions (2013) you are out” policy trouble cases Contact us at BuyingAgent@Chrono24.com and try the buying agent for free (Code: “NOAH2012 rocks”)NOAH November 2012
  10. 10. Thank YouMerci Takk Thank YouDziękujemy Grazi Gracias 谢谢 감사합니다 Grazie BedanktKiitos Obrigado спасибо Tackありがとうございます Vielen ευχαριστώ Dank Contact: Tim Stracke tim@chrono24.com +49 721 480889-10NOAH November 2012
  11. 11. - w . a-o f ec. m w wn hc n r e o o en c- wt ro n ac n r c ti . m/o ho f e e tc e en- w .cb o. m/O H o f ec w wf e o k o N A C n r e a c en
  12. 12. - w . a-o f ec. m w wn hc n r e o o en c- wt ro n ac n r c ti . m/o ho f e e tc e en- w .cb o. m/O H o f ec w wf e o k o N A C n r e a c en

×