VIVER Unveils Its Global Watch Trading Service: A Major Step in Vertical Commerce

VIVER Ignites Global Luxury Watch Trading

In a remarkable stride for the luxury watch market, VIVER has introduced its cutting-edge global Cross Border Trading service, enabling smooth transactions for both domestic and international buyers. This innovative platform, a subsidiary of Dunamu, intends to revolutionize the trading of luxury watches through seamless connectivity and high-level security protocols.

Since its inception in 2022, VIVER has demonstrated exceptional growth, recently surpassing KRW 100 billion in cumulative sales, while maintaining over 16,000 registered products. The platform’s user satisfaction is unmatched, with over 80% of sales completed swiftly following registration and thorough inspection. Now, VIVER is set to extend this success globally, further accommodating users seeking to purchase luxury watches from different countries.

The newly launched Cross Border Trading service is meticulously designed to support a global clientele. The platform now boasts English language support, allowing both product listings and market information previously available only in Korean to reach a broader audience. Additionally, VIVER has introduced functionality to display prices in various foreign currencies, including USD, enhancing the overall shopping experience.

One of the standout features of VIVER’s service is its global payment capability, accommodating popular methods like PayPal and Alipay, ensuring seamless transactions no matter where the buyer resides. Moreover, in collaboration with FedEx, VIVER now offers reliable global express delivery, catering to luxury watch buyers in not just major markets like the US, Japan, and Europe but extending to virtually every country served by FedEx, including Australia and many regions across Asia and the Middle East.

To further increase customer confidence, VIVER has implemented a comprehensive policy ensuring 100% compensation for any shipping loss or damage during transit, aligning perfectly with their robust domestic shipping standards. The platform's CEO, Moon Je-youn, articulated their confidence in the market, stating, "We have launched the Cross Border Trading service based on our confidence in the successful growth of our domestic business."

Future Prospects for VIVER

As VIVER embraces its new international strategy, plans for future expansion look promising. The company is poised to gradually enhance its language support, allowing for a broader range of user interactions, and to introduce new transaction types which can facilitate the dynamics of buying and selling among overseas members. In the coming five years, VIVER aims to emerge as a dominant global player, potentially outpacing established platforms like Chrono 24 in Europe and (The) 1916 Company in the United States.

The platform further enriches the luxury watch trading experience with a variety of tailored services, including the VIVER Index—an insightful price graph gathering data from both domestic and international transactions. Their services encompass thorough appraisals and certifications by top industry experts, a premium secure delivery service that covers the entire transaction journey from pickup to delivery, and the engaging 'VIVER Magazine', which showcases the allure and stories behind high-end watches.

Additionally, VIVER has recently unveiled video appraisal results, adding an engaging element that likely aids in customer decision-making. Other customer-centric innovations include the Appraisal (General/Premium) service, Free Storage, and a Trade-In program, each designed to meet evolving user needs.

VIVER stands on the cusp of a notable transformation in the luxury watch market, drawing in the passionate community of watch enthusiasts across the globe while ensuring safety, transparency, and satisfaction in trading. With its leap into global trading, VIVER not only enhances the experience for buyers and sellers but also sets a high bar for competitors in the luxury goods market.