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How pre-owned luxury watch platform WatchBox blends the best of both worlds – e-commerce with bricks-and-mortar retail, and technology with a bespoke experience

Justin Reis of WatchBox, a platform for pre-owned luxury timepieces. Photo: WatchBox
Justin Reis of WatchBox, a platform for pre-owned luxury timepieces. Photo: WatchBox
Timepieces

  • Despite Covid-19, WatchBox co-founder Justin Reis’ 2020 was busier than ever, with plenty of virtual events
  • His personal collection includes a Rolex GMT-Master II ‘Pepsi’, Patek Philippe Annual Calendar and H. Moser & Cie Venturer Vantablack Concept

“You never actually own a Patek Philippe, you merely look after it for the next generation,” goes one of the most famous slogans in the world of luxury watches. But what if the timepiece you’ve been coveting was bequeathed to someone by their grandmother, or if you would like to give an heirloom timepiece to someone who could appreciate it?

Pre-owned luxury watch platform WatchBox aims to do just that, and co-founder Justin Reis describes the company as “something-between e-commerce and traditional bricks-and-mortar retail”.

Justin Reis of WatchBox. Photo: WatchBox
Justin Reis of WatchBox. Photo: WatchBox
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WatchBox offers watches online coupled with a highly personal experience, which Reis calls a “hi-tech meets high-touch approach”.

“Our mission is to bring authenticity, pricing transparency and confidence to the pre-owned category; ultimately to elevate the client experience and the global pre-owned perception,” he says.

Since it was founded in 2017, WatchBox has expanded quickly, with headquarters in Philadelphia, US, and offices in Hong Kong, Singapore, Switzerland and the UAE.

More than just a middleman, WatchBox buys inventory and restores products with the help of Swiss watch experts, before putting them on sale. All watches come with a warranty, which is particularly important for those concerned about the authenticity of pre-owned luxury goods.

While we recognise the limitations of ‘hanging out’ online, ‘distraction by hobby’ has essentially become our mantra
Justin Reis of WatchBox
The pandemic has thrown business plans into disarray but Reis isn’t fazed. It’s been a busy year for the entrepreneur. Aside from relocating from Singapore to the US to lead the business from the company headquarters, he has also hosted collector gatherings, events and conversations, all done virtually, of course. “While we recognise the limitations of ‘hanging out’ online, ‘distraction by hobby’ has essentially become our mantra throughout this challenging time,” says Reis.

And it’s perhaps this enterprising spirit, above all else, that has shaped his concept of time. “I’ve been drawn to entrepreneurial opportunities since I was a teenager, and I’ve learned how inherently important time management is to success as well as happiness.