[Novartis]

Originally Posted by johnwigan

No, I think they mean ADs need to sell to people who have previously bought Rolexes and are on the waiting list. But a maximum of two a year. Rolex don't care about customers buying other companies' products. I would see this as a temporary measure to try and get the watches into the hands of regular non-flipper customers.

The effect is to limit flippers to two a year. Flippers can't get someone else to join the waiting list for them. Would-be flippers already on the waiting list, who have not bought a Rolex before, would be excluded from buying. Only people on the waiting list, who have bought Rolex before, can purchase a maximum of two a year. Makes life more difficult for flippers. Means long standing non-flipper customers who maybe buy every few years have a better chance.

I agree.