On 4th June, eBay India has announced that they will launch a online mall for watches. It will have a collection of over 65,000 stock keeping units of normal and exclusive internations brands.
eBay mentioned that the watch industry in India is growing at 10% year on year and with the boom of the ecommerce industry, theonline market for watches will grow at 35% year on year. Navin Mistry (head of eBay India, retail exports and lifestyle category) said that in every four minutes a watch is sold on eBay.
Shoppings trends that customers follow on eBay is that male customers are more than female customers. Data says 64% of men shop for watches as compared to 36% females.