Watch Accessories Business Success Stories [2024]
Got a flair for fashion and an eye for detail? Consider starting a watch accessories business. In simple terms, this venture involves designing, sourcing, and selling products that complement watches—think straps, cases, winders, and stands.
The crux of this business lies in curating or creating unique accessories that enhance the look and functionality of a timepiece. It's a market where style meets utility, making it ripe for innovation and personal touches that can set you apart.
You can start small, leveraging online platforms to reach a broad audience without significant upfront investment. As you gain traction, you might explore partnerships with watch brands or dive into custom designs to cater to niche markets. This business offers a blend of creative expression and practical utility, making it a compelling choice for aspiring entrepreneurs.
In this list, you'll find real-world watch accessories business success stories and very profitable examples of starting a watch accessories business that makes money.
1. Chronoexpert ($5.76M/year)
Pablo, the founder of Chronoexpert, came up with the idea for his luxury watches marketplace after seeing a gap in the market. With the pre-loved luxury goods industry growing at +20% annually, Pablo saw an opportunity to create a platform that focused on pre-owned luxury watches. Since launching almost 3 years ago, Chronoexpert has generated over 2.5 million euros in revenue and is looking to continue growing and exploring new opportunities in the luxury watches industry.
How much money it makes: $5.76M/year
How much did it cost to start: $180K
How many people on the team: 8
Chronoexpert, a luxury watches marketplace, has seen revenue exceeding 2.5M Euros in less than three years, with a growth potential of more than 20% YoY in the pre-owned market, highlighting the viability and potential of a pre-loved focus.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.