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New World Solutions Launches E-commerce Platform Serving Luxury Watch Enthusiast Market

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New World Solutions announces the launch of its subsidiary dialMKT's e-commerce platform dialMKT.com, targeting the luxury watch enthusiast market. The platform features vintage and modern luxury watches from brands like Patek Philippe, Piaget, and Rolex. The company plans to integrate content, e-commerce, and community services, leveraging its existing base of nearly 18,000 users across WatchReporter.com and various social media channels. Revenue generation will come through consignment commissions and sales from owned inventory. The platform will introduce an auction format and upgrades within 30 days.

New World Solutions annuncia il lancio della piattaforma di e-commerce dialMKT.com della sua controllata dialMKT, rivolta agli appassionati di orologi di lusso. La piattaforma presenta orologi di lusso vintage e moderni di marche come Patek Philippe, Piaget e Rolex. L'azienda prevede di integrare contenuti, e-commerce e servizi comunitari, sfruttando la sua base esistente di quasi 18.000 utenti su WatchReporter.com e su vari canali social media. La generazione di entrate avverrà tramite commissioni di consignazione e vendite da inventario posseduto. La piattaforma introdurrà un formato d'asta e aggiornamenti entro 30 giorni.

New World Solutions anuncia el lanzamiento de la plataforma de comercio electrónico dialMKT.com de su filial dialMKT, dirigida al mercado de entusiastas de relojes de lujo. La plataforma cuenta con relojes de lujo vintage y modernos de marcas como Patek Philippe, Piaget y Rolex. La empresa planea integrar contenido, comercio electrónico y servicios comunitarios, aprovechando su base existente de casi 18,000 usuarios en WatchReporter.com y diversos canales de redes sociales. La generación de ingresos provendrá de comisiones por consignación y ventas de inventario propio. La plataforma introducirá un formato de subasta y actualizaciones dentro de 30 días.

뉴 월드 솔루션즈는 자회사 dialMKT의 전자상거래 플랫폼 dialMKT.com의 출범을 알립니다. 이는 고급 시계 애호가 시장을 겨냥합니다. 이 플랫폼은 Patek Philippe, Piaget, Rolex와 같은 브랜드의 빈티지 및 현대 고급 시계를 특징으로 합니다. 이 회사는 WatchReporter.com과 다양한 소셜 미디어 채널에서 18,000명에 가까운 기존 사용자 기반을 활용하여 콘텐츠, 전자상거래 및 커뮤니티 서비스를 통합할 계획입니다. 수익 창출은 위탁 판매 수수료 및 보유 재고 판매를 통해 이루어질 것입니다. 플랫폼은 경매 형식을 도입하고 30일 이내에 업그레이드를 진행할 예정입니다.

New World Solutions annonce le lancement de la plateforme de commerce électronique dialMKT.com de sa filiale dialMKT, ciblant le marché des passionnés de montres de luxe. La plateforme présente des montres de luxe vintage et modernes de marques telles que Patek Philippe, Piaget et Rolex. L'entreprise prévoit d'intégrer contenu, commerce électronique et services communautaires, en s'appuyant sur sa base existante de près de 18 000 utilisateurs sur WatchReporter.com et divers canaux de médias sociaux. La génération de revenus proviendra de commissions de consignation et de ventes d'inventaire détenu. La plateforme introduira un format d'enchères et des mises à jour dans les 30 jours.

New World Solutions kündigt den Start der E-Commerce-Plattform dialMKT.com ihrer Tochtergesellschaft dialMKT an, die sich an den Markt der Luxusuhren-Enthusiasten richtet. Die Plattform bietet Vintage- und moderne Luxusuhren von Marken wie Patek Philippe, Piaget und Rolex. Das Unternehmen plant, Inhalte, E-Commerce und Gemeinschaftsdienste zu integrieren und dabei auf die bestehende Basis von fast 18.000 Nutzern von WatchReporter.com und verschiedenen sozialen Medien zurückzugreifen. Die Einnahmenerzielung erfolgt durch Kommissionen für Konsignation und Verkäufe aus eigenem Bestand. Die Plattform wird innerhalb von 30 Tagen ein Auktionsformat einführen und Verbesserungen vornehmen.

Positive
  • Launch of revenue-generating e-commerce platform
  • Existing user base of 18,000 potential customers
  • Multiple revenue streams through consignment and direct sales
Negative
  • None.

TORONTO, ON / ACCESSWIRE / November 11, 2024 / New World Solutions Inc. (CSE:NEWS)(OTC PINK:REGRF)(FSE:RT5) ("New World" or the "Company") announces that its majority owned dialMKT Corp.("dialMKT") subsidiary has launched its e-commerce platform www.dialMKT.com serving the luxury watch enthusiast market. The new e-commerce site will be an integrated part of the company's digital ecosystem that integrates content, e-commerce, and community, serving the multi-billion dollar global watch enthusiast market.

Initial offerings on dialMKT.com include watches prized by collectors world-wide, such as vintage Patek Philippe, Piaget, and Rolex models, as well as modern icons such as Rolex Submariner "Bluesy", and Audemars Piguet Royal Oak. Additional fresh inventory is expected to be added to the platform on a regular basis. The launch of an auction format, and ongoing upgrades are planned over the next 30 days.

dialMKT CEO and New World Chairman Jack Marks stated, "The launch of the dialMKT.com e-commerce platform represents a significant milestone for our company. It marks the transition into the revenue phase, enabling us to begin monetizing the community and user base we have developed over the past year." Marks added, "dialMKT has a fast growing online community of almost +18,000 users across it's WatchReporter.com website and social media channels, including, YouTube, Instagram, and e-mail newsletter. We see this audience as a built-in potential customer base for our e-commerce platform to buy, sell and trade their collections in the months ahead - generating revenues via consignment commissions and sales from the company's owned inventory. Our goal with dialMKT.com is to offer our customers rare and hard-to-find vintage and modern watches at the most competitive prices, with transparency, and a personalized level of service that is missing in the secondary-resale market for luxury watches today"

About:
dialMKT is addressing the digital transformation of the multi-billion dollar global wrist watch enthusiast market by developing a blockchain-powered digital ecosystem that integrates content, e-commerce, and community.

The company's video-first content platform WatchReporter.com is produced by watch enthusiasts - for watch enthusiasts and features the latest relevant articles, and videos on: watch auction news, collector interviews, watch reviews, and growing database on buyer guides on vintage and modern watches from the top brands such as Rolex (™), Patek Philippe (™), Cartier (™) and more. The newly launched dialMKT.com offers rare and hard-to-find vintage and modern watches at the most competitive prices, with a high level of transparency, and concierge-style service for serious watch enthusiasts.

The Secondary Watch Market
The global resale market for watches is estimated at over $29 billion annually according to the reports from both Deloitte and McKinsey & Co.

The main trends driving the market are younger consumers, and collectors seeking value and investment potential. In addition, the growth of digital pre-owned marketplaces is currently dominating. For further information that explains the context, demographic trends, please see the links below for the detailed market reports from Deloitte and McKinsey.

Source: https://www.mckinsey.com/industries/retail/our-insights/state-of-fashion-watches-and-jewellery

Source: https://www2.deloitte.com/ch/en/pages/press-releases/articles/watch-study-2022.html

About New World
New World Solutions is an innovative technology company, driving innovative solutions to new world problems. Through our blockchain and technology experience, we are leveraging solutions in the decentralized finance space as well as the electric vehicle area. We look to acquire and launch a balanced spectrum of solutions to become a leader in this dynamic tech landscape.

For additional information on New World and other corporate information, please visit the company website at https://www.newworldinc.io/.

For further information, please contact:
Paul Haber, C.P.A., C.A., C.Dir
Chief Executive Officer
New World Solutions Inc.
Phone: (416) 318- 6501
Email: phaber@newworldinc.io

Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.

Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". Forward-looking information in this news release are based on certain assumptions and expected future events. These statements involve known and unknown risks, uncertainties, and other factors, which may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; the risks associated with the blockchain in general, the risk that the Transaction will not be completed as contemplated or at all. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results, or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

The Canadian Stock Exchange (the "CSE") does not accept responsibility for the adequacy or accuracy of this release.

Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Rolex (™), Patek Philippe (™), Audemars Piguet (™), and Cartier (™) Frank Muller (™) Richard Mille (™) are licensed trademarks of their respective owners. The company is not an authorized dealer and does not have a commercial relationship with these brands.

SOURCE: New World Solutions Inc.



View the original press release on accesswire.com

FAQ

What new platform did New World Solutions (REGRF) launch in November 2024?

New World Solutions (REGRF) launched dialMKT.com, an e-commerce platform serving the luxury watch enthusiast market.

How many users does dialMKT (REGRF) have across its digital platforms?

dialMKT has nearly 18,000 users across its WatchReporter.com website and social media channels, including YouTube, Instagram, and e-mail newsletter.

What luxury watch brands are available on dialMKT.com (REGRF)?

dialMKT.com offers vintage and modern watches from brands like Patek Philippe, Piaget, Rolex, including models such as Rolex Submariner 'Bluesy' and Audemars Piguet Royal Oak.

How will New World Solutions (REGRF) generate revenue through dialMKT.com?

The company will generate revenue through consignment commissions and sales from their owned inventory of luxury watches.

NEW WORLD SOLUTIONS INC

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