The pre-owned watch market is booming with avid collectors and trendy vintage seekers. All are hunting for their dream watch, unobtainable in retailers for a multitude of reasons. Current watch trends predict a 60% increase in pre-owned watch sales from $18 billion in 2019 to $30 billion in 2025.
Today, pre-owned watch sales make up about a third of the market in the watch industry – estimated to grow to 50% market sales by 2025. Retired timepieces, limited edition releases, and high demand due to popularity contribute to the appreciation of certain timepieces on the market today. Vetted brands like Rolex and Cartier may be your dream piece, but instead of scouring retailers, waiting on the supply-chain or spending years on a waitlist, your like-new timepiece could actually be obtainable this year by re-sale.
The internet is saturated with re-sale platforms giving consumers numerous buying options, but not necessarily the guidance and knowledge needed to confidently make a pre-owned investment. From Daytona’s to Grandmaster’s, SwissWatchExpo is the go-to source for all pre-owned timepieces. With decades of experience and extensive watch knowledge under his belt, CEO and Founder of SwissWatchExpo, Eugene Tutunikov, is the go-to guy for all re-sale watches.
Eugene joined the Atlanta-based, family-owned business in 2016 after spending 10 years as a trader on Wall Street. He worked around the clock to learn the world of e-commerce and retail, to transform the mom-and pop operation into the watch industry juggernaut that it is today. Over 90% of the business is online now, and sales have grown seven times since he arrived. This makes SwissWatchExpo one of the top U.S. retailers of pre-owned luxury watches and he estimates in the top five worldwide.
SwissWatchExpo is known today for the exceptional buying experience they provide to customers both in-store and online. What sets them apart from other luxury watch retailers is that all the watches they sell are in stock and ready to ship. SwissWatchExpo typically has between 2,500-3,000 watches available at any point, which can be inspected and fitted with the assistance of their expert staff.
Eugene is available to discuss the pre-owned sector of the watch industry and provide expert insight into the art of watch collecting.
