Sponsored: eBay Launches “Authenticity Assure” for Watch Consumers | WatchTime

For those who’ve thought of shopping for your subsequent watch on-line, eBay simply made it a bit of extra engaging. One of many world’s largest luxurious watch marketplaces has launched its new  “Authenticity Assure,” a post-sale authentication service for all watches bought for $2,000 or extra within the U.S.

Providing meticulous inspection and verification by unbiased consultants, eBay’s Authenticity Assure offers an additional layer of belief and confidence for customers looking the almost 80,000 new, pre-owned and classic watches marked with the Authenticity Assure badge on eBay.com. Amongst its different new options and experiences, eBay now affords escrow cost on watches bought for $10,000 or extra and has unveiled a brand new app expertise referred to as “eBay Channels.” Moreover, the net market is chopping vendor charges as a lot as 35% for energetic managed funds sellers on watches bought over $1,000 and providing a 30% low cost off remaining worth charges for registered managed cost sellers on watches bought over $2,000.

“For 25 years, watches have been one of many top-selling classes on eBay due to {the marketplace}’s unmatched collection of luxurious items,” stated Tirath Kamdar, Basic Supervisor of Luxurious at eBay. “We all know belief is paramount among the many watch neighborhood, and with Authenticity Assure and including escrow providers for watches, eBay has advanced to provide watch clients precisely what they need – unimaginable choice with an added layer of confidence by way of authenticity verification by unbiased consultants for his or her high-valued purchases.”

“eBay’s Authenticity Assure verifies the authenticity of the watch and confirms the watch is precisely as described within the itemizing,” added James Hendy, Basic Supervisor of Authentication at eBay. “Leveraging a crew of unbiased consultants, eBay’s Authenticity Assure checks all watches bought for $2,000 or extra intimately, with a multi-point inspection. Our primary objective is to convey extra belief to our market for our total eBay neighborhood, ensuring nobody receives a faux watch.”

Meet eBay Authenticity Assure 

A longtime chief within the luxurious watch market, eBay homes one of many largest inventories of latest, classic and pre-owned modern and wonderful watches on this planet — from manufacturers together with Rolex, Patek Philippe, Omega, Audemars Piguet, Breitling and Panerai. Coupled with aggressive pricing and no purchaser charges, customers can discover the precise watch they’re in search of on the worth they need. Right here’s an inside-look on the new service:

  • Unimaginable Number of Authenticity Assure Badged Gadgets: Customers can browse luxurious watches with the Authenticity Assure badge with confidence — understanding that after buy, and earlier than being shipped to the shopper, these eligible timepieces are routed to a third-party authenticator for thorough evaluation. As soon as verified, it’s then shipped by way of expedited, two-day transport from the authenticator facility to the shopper with signature affirmation upon supply. eBay covers the price of authentication, in addition to the two-day, safe transport from the authenticator facility to the client.
  • Multi-point Inspection and Authentication Card: Upon receiving the watch, the unbiased authenticator confirms the merchandise is in step with the itemizing title, description, and pictures, then performs a multi-point bodily authentication inspection — assessing the crown, bezel, dial, case, clasp/buckle, fingers, finish hyperlinks, and serial quantity. Lastly, a safety tag is hooked up to the watch.

All watches verified as genuine include an Authenticity Assure card detailing info such because the model, mannequin, reference quantity, motion kind, case materials, bracelet kind, and serial quantity, as relevant. 

  • Trusted Third-Get together Authentication Companions: eBay has partnered with main trade consultants whose providers and capabilities have been totally vetted. The unbiased authentication companions are leaders of their trade, brand-certified watchmakers and technicians with years of expertise utilizing superior technical gear in a state-of-the-art facility.
  • Enhanced Vendor Protections: eBay constantly provides extra protections for its neighborhood of sellers. With this new service, not solely is {the marketplace} attracting extra patrons for its vendor neighborhood, however with intermediated returns. With the extra step of third-party consultants bodily verifying every merchandise throughout the return course of, sellers can promote with the peace of thoughts that within the occasion their watch is returned, it can arrive again in the identical situation.

New and Enhanced Luxurious Watch Expertise 

Basically altering the posh watch-buying expertise, eBay can also be including the next enhancements to ship a extra personalised and progressive buying expertise for watch patrons and sellers:

  • Escrow Fee: eBay is introducing escrow cost for top worth watches to raise the buying course of for its purchaser and vendor communities. In partnership with Escrow.com, probably the most licensed on-line escrow firm, this new cost expertise offers an extra layer of belief when shopping for and promoting luxurious watches by making certain your entire expertise proceeds safely and securely for each events. Consumers are protected, as they’ve the chance to examine the merchandise earlier than cost is launched, whereas sellers are protected by having the ability to monitor the transaction at each stage, making certain cost is obtained. The function will start rolling out within the fall and can be accessible on all eligible listings from all U.S. sellers by the tip of the 12 months. Right here’s the way it works:
  • Along with Escrow.com, patrons can pay utilizing escrow providers on watches bought for $10,000 or extra on eBay.
  •  Escrow.com facilitates transactions by holding the cost in a safe escrow account which is barely launched when all of the phrases of an settlement are met. The customer may have seven days to examine and look at the watch, earlier than accepting the merchandise. As soon as accepted, or if the seven-day inspection interval has handed, returns won’t be accessible.
  •  For sellers, there isn’t a danger of charge-backs or escrow processing charges.
  • eBay Channels: A brand new content-led expertise on the most recent variations of eBay’s iOS and Android apps, eBay Channels are focused to luxurious watch fans, connecting them with inspiration from the posh watch world and eBay’s huge choice. The brand new expertise’s feed consists of related articles and curated stock, and spotlights high sellers within the subject. All of this enables collectors to take an immersive journey into the areas they love and to find the most effective {the marketplace} has to supply.
  • Lowered Vendor Charges: Starting in September 2020, eBay has lowered vendor charges for sure sellers of luxurious watches, boosting its huge collection of wonderful timepieces for {the marketplace}’s hundreds of thousands of customers. For sellers who’re energetic in managed funds, eBay is decreasing remaining worth charges within the Watches class for watches bought over $1,000. Managed cost sellers can save as much as 35% in remaining worth charges as in comparison with the ultimate worth charges they beforehand paid. Sellers who join managed funds, however aren’t but energetic, qualify for a 30% low cost on remaining worth charges on watches bought over $2,000. The discount applies to public sale and stuck worth listings on the U.S. web site. Be taught extra at www.eBay.com/sellerupdate.

From the informal watch fanatic to the avid timepiece collector, patrons and sellers can store and promote with confidence. For extra info on Authenticity Assure, go to www.eBay.com/buyauthentic and www.eBay.com/sellauthentic. To buy luxurious watches, take a look at www.eBay.com/luxurywatches and observe @eBay on Instagram, Twitter, YouTube and Fb.

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