It is that time of year again: Every Friday after Thanksgiving, the fourth Friday in November, the retail industry celebrates “Black Friday”. Of course, this globally known shopping extravaganza does not pass by without leaving its mark on the watch market. Therefore, as of November 24th, we are kicking off our Luxury Black Weekend where watches will be available for exceptionally good offers all weekend long. As we head into the biggest shopping day of the year, we take a look at current developments in the online watch market. Read on to learn more.
Black Friday goes digital
On every fourth Thursday in November, the American Thanksgiving is held. The day that follows has taken on an identity of its own as “Black Friday”: A day in which American retailers have been offering generous discounts for years. It is this Friday that is considered to be the official start of the Christmas shopping season.
Something that many don’t know: It was actually a US-American engineering company that first introduced this spectacular shopping Friday to Europe. In 2006, the company advertised “Black Friday” and offered generous discounts in its stores.
An entire week of deals: From Black Friday to Cyber Monday
Since then, “Black Friday” has spread worldwide. The popularity has caused many stationary retailers and online stores to offer special prices and deals for several days, sometimes even from Monday to Friday.
Here at CHRONEXT, we are excited to offer our customers the best shopping experience with the most attractive prices: The Luxury Black Weekend at CHRONEXT is a full weekend of exclusive deals on our best sellers allowing you to not only find the perfect Christmas gift for your loved ones, but also that watch you’ve been dreaming of for yourself. This applies to top watches from Rolex, Breitling, Omega and many other renowned brands.
A luxury industry in transition
If you look at the evolution of the entire retail industry over the last few years, you will see that it is hardly anything like it was before: a large portion of purchases are now being done online due to increased availability and better pricing. Products can now easily be compared to one another with easy access to a plethora of customer reviews.
Of course, the Internet developments along with changes in customer purchasing behaviour are affecting the watch industry. In the meantime, retailers like CHRONEXT are connecting online and offline retailers. Anyone who buys their watches via our e-commerce shop will have the opportunity to personally inspect the watch before payment in our London boutique or one of our many VIP Lounges located in Cologne and Munich, Germany, as well as Zug, Switzerland.
Watch buying: The future of the Internet
While smartwatches do not seem to replace mechanical timepieces, the last few quarters have not been good news for manufacturers of the luxury watch industry. Currently, the situation seems to be easing up a bit, but one thing remains clear: the future of the watch trade will and must be online. With a large portion of sales taking place in the weeks leading up to Christmas and the end of the year, it is more important than ever for luxury watch platforms such as CHRONEXT to sell online. That being said, our Luxury Black Weekend is the kickoff to start the most beautiful time of the year with special discounts and promotions. Don’t forget that the CHRONEXT Luxury Black Weekend will launch on the 23rd of November through to the 26th of November. We will be offering exclusive deals from our bestselling brands but don’t wait too long, as many of these pieces are limited in stock. Keep in mind that each watch available at CHRONEXT has undergone inspection for quality and authenticity in our in-house atelier. As a result,
Providing excellent customer service is one of our top priorities. We deliver your watch fast and with utmost attention to detail. Should you be looking for a specific model which is not in stock, we are happy to source it for you - free of any extra charges. If you would like to sell a watch, our experts will advise you on market developments and the ideal selling price for your timepiece.
Should you have any questions regarding delivery, price or history of a specific model, your personal advisor will be happy to help at any time.
We always guarantee a safe transaction. When you buy or sell a watch on CHRONEXT, your contract of sale is made directly with us. We take legal responsibility for every transaction and provide the highest data security standards, secure payment methods and fully insured shipment. In order to ensure the authenticity and quality of all watches sold through us, every timepiece is thoroughly checked by our watchmakers before it is ever shipped to our customers.
This is guaranteed through our Certificate which you will receive with the purchase of any watch from CHRONEXT - new or pre-owned.
Only the best is good enough for our customers. This goes for prices just as well as for service and security. Luxury watches are hardly ever cheap but there are still significant differences in price levels depending on where you shop. Thanks to our vast global network of suppliers and our low fixed costs, we are able to provide competitive prices at all times.
We scan the market daily for the best offers and always keep our prices up to date. Most important however is that our competitive prices will never lead us to compromise security and quality.