| Leather Condition | Price Adjustment Range |
|---|---|
| Stage 1 (0-12 months projected aging) | +12-18% vs market average |
| Stage 2 (12-24 months) | -5% to +8% |
| Stage 3 (24+ months) | -15-22% |
Inventory Performance Metrics
Since implementing the algorithm in Q3 2021, Kakaobuy reports:
- 27% reduction in buyer return rates
- 19% increase in cross-border transactions
- Average listing update interval decreased from 45 to 32 days
"Traditional leather grading depended too much on human judgement," explained Dr. Hyeong-min Lee, Kakaobuy's Chief Data Scientist. "Our convolutional neural networks detect subsurface structural changes invisible to the naked eye, correlating with atmospheric data to create deterioration timelines."
Future Expansion Plans
The platform plans to extend this technology to other luxhry brands by 2024, with Chanel lambskin and Hermès epsom leather already in beta testing. Industry analysts suggest this innovation could reshape the $46 billion pre-owned luxury market's valuation standards.
For more details on Kakaobuy's authentication technology, visit their official news portal.