The two pillars that support Chrono24

2021.04.10
PR: CHRONO24

Chrono24, the world's largest watch buying and selling marketplace, boasts a service that utilizes its vast database. In this article, we will be using the "Watch Scanner" function of the company's application and reporting on our experience.

Chrono24

Photographs by Masanori Yoshie
Text by Yuto Hosoda (Chronos-Japan)
Article published in the May 2021 issue of Kronos Japan


“Watch Scanner&Virtual Showroom”

 Chrono24, which has over 50 watches listed by watch collectors and dealers from over 100 countries around the world, uses this vast database of watch information to provide unique services. A good example of this is the "Watch Scanner." This is a feature in the app that identifies watches from photos taken with a smartphone. Using this feature, you can find basic information about the watch, such as the model name, reference number, movement specifications, and case diameter, as well as the selling price on Chrono24 and recommended selling prices.

Chrono24

A screenshot after the model has been identified by the "Watch Scanner." Along with basic information about the watch, the average price on Chrono24 and the minimum and maximum prices are displayed. If you are listing the watch as is, the basic information is already entered, so you only need to enter information about the condition, accessories, etc. into the form. When setting a price, a "recommended price" is displayed based on the information you have entered and the prices of other watches currently on sale, so it is unlikely that you will end up pricing it below the market price.

 This time, the watch we scanned into the watch scanner was the Panerai Radiomir 8 Days Titanio. Once the scan is complete, basic information such as the model name and specifications will be displayed, along with the average, lowest, and highest prices on Chrono24. If you are considering listing the watch, you can use this information to move on to the listing form. The basic information is already entered, so all you need to do is enter the condition, whether or not it comes with accessories, any special notes, etc. Finally, set the selling price and you're ready to list.

 The Watch Scanner is also useful for users who don't intend to part with their watches, as they can use the information obtained from the Watch Scanner to register their watches in their "Watch Collection." The Watch Collection is a feature that archives the market prices of the watches you own, along with basic information about each model. You can view price trends for as little as one month or as long as 10 years in a graph, allowing you to determine the best time to sell and analyze price fluctuations in your collection over the long term.

Chrono24

In the "Virtual Showroom," users can try on 12 popular models, such as the Omega Speedmaster Professional and Patek Philippe Nautilus, via their smartphone. The paper bands to wear on the wrist must be downloaded from the official website.

 Another unique service of Chrono24 is the "Virtual Showroom." This is an augmented reality (AR) feature that allows you to virtually try on a specific model by taking a photo of your wrist with a designated paper strap on your smartphone. Being able to check the size of a watch without actually having to buy it is a significant advantage in online sales. While the number of supported models is still limited, if this number increases in the future, it will likely encourage enthusiasts who are hesitant to purchase online.



Contact info: Chrono24 Tel.0800-123-6700
https://www.chrono24.jp/
https://www.chrono24.jp/info/apps.htm


The "Watch Collection" portfolio accompanies watch enthusiasts on their journeys

http://www.webchronos.net/features/59624/
Why choose Chrono24?

http://www.webchronos.net/features/56838/
[Interview] Tim Stracke, Founder and Co-CEO of Chrono24

http://www.webchronos.net/features/59929/