Marketplaces - Presentation by Tim Stracke, Founder & CEO of Chrono24 at the NOAH 2014 Conference in London, Old Billingsgate on the 14th of November 2014.
4. Chrono24 – The World´s Watch Market
NOAH 2014, London
Fakten vllt. eher al
TagCloud. Achtung: Diese
Fakten sind alt. Als
Hintergrund das LayOut
der TitelFolie
Mobile
Transaction Volume per year 500 USD
Average price of a watch: 7.000 USD
22 Languages
TRUST Established: 2003
>800.000 app installs
Number of watches: >170.000
Sellers from
38 local Chrono24 domains >70 different countries
5. Tremendous user growth and is expected to continue to grow.
NOAH 2014
0
1
2
3
4
5
6
7
8
Jan-10
Mar-10
May-10
Jul-10
Sep-10
Nov-10
Jan-11
Mar-11
May-11
Jul-11
Sep-11
Nov-11
Jan-12
Mar-12
May-12
Jul-12
Sep-12
Nov-12
Jan-13
Mar-13
May-13
Jul-13
Sep-13
Nov-13
Jan-14
Mar-14
May-14
Jul-14
Sep-14
Chrono24 Visits / Sessions per Month
Web/mobile iPad iPhone
Int‘l traffic split:
Ca. 12 Page
Impressions
per Visit
NOAH 2014, London
6. The luxury market had strong growth within the last 20 yrs and is expected to
continue as 600M more people will start buying luxury until 2025.
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3
2%
The first moderation since 2009 financial turmoil; luxury
market leaves behind double-digit growth
Sept 11 SARS
Subprime &
financial crisis$/€
11%
10%
Socio-Economic
Turbulence
WORLDWIDE PERSONAL LUXURY GOODS MARKET TREND (1995-2013E|€B)
13%
Consumer luxury goods had
strong growth within the last 20 years...
... and 600M additional luxury buyers
expected until 2025 (>30.000 USD income)
Source: Bain & Company and Fondazione Altagamma
2013 Luxury Goods Worldwide Market Study Source: Scott Galloway, NYU Stern University; DLD13
+600 Million
(2010 – 2025)
7. Good News: Luxury watches is among the top categories
among global consumer luxury spending.
NOAH 2014
NOAH 2014, London
... and experienced tremendous growth
in the past.
Watches account for 17% of consumer luxury
spending …
Watches
Apparel
Shoes
Leather
Jewels
Watches
Textiles
Eyewear
Perfumes
Cosmetics
Other
Global Consumer Luxury Goods Spendings
Source: Bain & Company and Fondazione Altagamma
2013 Luxury Goods Worldwide Market Study
20 25 30 35 36
8
10
12
14 16
2009 2010 2011 2012 2013
Market Volume Luxury Watches Worldwide
Pre-owned Luxury Watches
New Luxury Watches
8. Chrono24: From a Classified to Marketplace
model ...
NOAH 2014
NOAH 2014, London
From contacting the seller to … ... paying through Chrono24