Former AD Ask Me (almost) Anything

[watchmework]

Word of the day: gullible

[Paul_I]

Originally Posted by watchmework

Word of the day: gullible

At the very least annoying, why start a thread like this, answer three obvious questions, and then run off.

[topfuel25]

Have heard that many high management in an AD normally the high executives keep the sports models like the Daytonas for their own family and friends and the lower exec staff do not even get to see these pieces as the moment the AD receives a shipment it gets sent to the bosses for their allocation first. Is this true

[dcash0615]

Curious how the Rolex blacklist works.
How does Rolex create their blacklist?
Do the AD’s provide the names or does Rolex find out about these flippers some other way and report back to the AD that originally sold the watch?
Is there a blacklist that gets passed around to all AD’s or to specific AD’s?

Thanks

[jps3b]

1st off, thank you for your time. Very nice of you to answer all of our questions.

2ndly, I absolutely love my AD. Everyone in the Geary’s family have been so honest and nice I feel really fortunate that I have a good relationship with them.

And 3rd, my question is given the new release of the Everose GMT, is it rude to ask for a discount when I go purchase it? I really hate asking for discounts because I love my AD so much and I want her to make a good commission. But I’m poor and need a little discount so my wife won’t kill me. Thanks in advance for the honest answer

[Fleetlord]

Originally Posted by dcash0615

Curious how the Rolex blacklist works.
How does Rolex create their blacklist?
does Rolex find out about these flippers some other way and report back to the AD that originally sold the watch?
Is there a blacklist that gets passed around to all AD’s or to specific AD’s?

Thanks

Yes. Thats it

[EightTenths]

Originally Posted by Paul_I

At the very least annoying, why start a thread like this, answer three obvious questions, and then run off.

He’s in Europe. You need a GMT bro

[jimcarver]

Originally Posted by Paul_I

At the very least annoying, why start a thread like this, answer three obvious questions, and then run off.

Run off? He has already said he is in Europe, assuming the UK (based on his English but could be anywhere in Europe) his last post was at 02:14 local time...I'd say its much more likely that he has gone to bed.

[Paul_I]

Originally Posted by EightTenths

He’s in Europe. You need a GMT bro

Yes, I do. That is true.

[Grimm]

What happens if you are personally interested in a hard to get piece? What if other sales people are interested as well, are y’all limited in what or when you can buy?

[JacksonStone]

Originally Posted by M1166

...why would I choose a unknown client with no prior commitment to the company over a loyal client that I have known for years?

In general, what volume of your business is sales to loyal, repeat-purchase clients, versus sales to "regular joe" one-off customers?

[JacksonStone]

Originally Posted by watchmework

Word of the day: gullible

You've made your point of view clear already. You have the ability to unsubscribe from the thread. May I suggest you use it?

[Andad]

Originally Posted by watchmework

Word of the day: gullible

Originally Posted by Paul_I

At the very least annoying, why start a thread like this, answer three obvious questions, and then run off.

If you two don't like it here then move on.

[Zakalwe]

This guy can’t be an former Rolex salesman.

Rolex AD employees are less numerous than US Presidents. The chances that one might turn up, on a forum dedicated to all things Rolex no less, is minuscule.

[nch209]

Originally Posted by watchmework

Word of the day: gullible

Thus my Roldeco question- a bit of a test. You'd think a guy in the biz would know that term. First post, first thread. I dunno. Maybe I'm cynical in my old age...

[JacksonStone]

Originally Posted by nch209

Thus my Roldeco question- a bit of a test. You'd think a guy in the biz would know that term. First post, first thread. I dunno. Maybe I'm cynical in my old age...

Meh. I've been here a while and I'd never heard the term prior to this thread.

[Rashid.bk]

Originally Posted by JacksonStone

Meh. I've been here a while and I'd never heard the term prior to this thread.

I've never heard of it either. But honestly it makes sense. If you are in the biz, and at management level as described this is something I would assume someone would know something about. Not a valid disqualifier but raises doubts...
You know "What color is the boat house at Hereford...."

At the very least it's entertaining for now, but haven't really heard anything that I haven't heard here already.

[al1786]

If AD's retains DaytonaC's to keep for big purchase clients, will they receive further allocations of DaytonaC's or do they have to sell the one's they have in stock first?


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[MonBK]

Originally Posted by Rashid.bk

I've never heard of it either. But honestly it makes sense. If you are in the biz, and at management level as described this is something I would assume someone would know something about. Not a valid disqualifier but raises doubts...
You know "What color is the boat house at Hereford...."

At the very least it's entertaining for now, but haven't really heard anything that I haven't heard here already.

x2, so far I've heard, I guess, I think, I don't know and maybes

Should be interesting to hear how it develops.

Even I have heard about Roldeco.

[Old Expat Beast]

Originally Posted by Rashid.bk

I've never heard of it either. But honestly it makes sense. If you are in the biz, and at management level as described this is something I would assume someone would know something about. Not a valid disqualifier but raises doubts...

You know "What color is the boat house at Hereford...."

At the very least it's entertaining for now, but haven't really heard anything that I haven't heard here already.

Deniro mispronouncing 'Hereford' kind of ruined that scene

https://www.youtube.com/watch?v=gpbv4oCv100

[JacksonStone]

Originally Posted by Rashid.bk

I've never heard of it either. But honestly it makes sense. If you are in the biz, and at management level as described this is something I would assume someone would know something about.

Unless it's one of those geek-speak terms that WIS's use in forums, but isn't common in the outside world. Although if that were the case, there's a better chance you and I would have heard it. I don't know, honestly. Is it something dealers/sales associates would be expected to know?

[MonBK]

Originally Posted by JacksonStone

Unless it's one of those geek-speak terms that WIS's use in forums, but isn't common in the outside world. Although if that were the case, there's a better chance you and I would have heard it. I don't know, honestly. Is it something dealers/sales associates would be expected to know?

It's the company that designs and build all the Rolex stores around the world.

[JacksonStone]

Originally Posted by MonBK

It's the company that designs and build all the Rolex stores around the world.

Ah. Well, OK then.

[seadweller43]

heard of someone said they bought hard to get ss models like SD43
at a premium at an AD. is it really happening?

[MonBK]

https://www.youtube.com/watch?v=oHeYNPtyHdk

[wytrader]

Welcome.

1) How does Rolex allocation work? I have heard AD's order for a certain financial figure and just get a range of the watches. Is this true, as in the AD has no real specific order of 4 of those, 4 of those, 3 of those?

2) What was your most enjoyable time/year/experience and why? Current situation must suck for AD's as such a high percentage of people leave store disappointed.

3) What's your plan now?

[HogwldFLTR]

Originally Posted by Paul_I

At the very least annoying, why start a thread like this, answer three obvious questions, and then run off.

Well perhaps in Europe it's time to sleep?

[topfuel25]

Originally Posted by seadweller43

heard of someone said they bought hard to get ss models like SD43
at a premium at an AD. is it really happening?

Yes if you can even get it in the first place

[M1166]

Originally Posted by TheVTCGuy

Two questions:

1. From an inside perspective, do you think Rolex has gone too far and lost frustated customers due to this whole 498 year wait list for SS models? Or are they playing the market correctly and not in any danger of losing market share?

2. Do your family members get the AD discount and if so will you adopt me?

1. Rolex are definitely not in any danger. Majority of clients purchase non SS waitlist pieces. Thats where the money is being made.

2. Discount varies per company, sadly no longer working with them to hook you up.

[SpeedyTuomas]

Originally Posted by M1166

The toughest questions to answer because it is a case by case and company by company scenario. In my honest experience there are no set rules. I have seen Green Submariners used to close 300K deals, Daytona's for even higher amounts. And in some companies the "waitinglist" is non existant. Some stores give each sales person a yearly allocation of SS pieces and it is for the sales person to decide who to sell it to (after company approval of that client) other companies it is first come first serve, but mostly we take into account the loyalty of our clients and based on their purchase history we compile a list.

Also buying only high demand watches will work against you. Because these days AD's are also looking at how many "normal collection" pieces you have shown interest in.

If you want a SS from an AD without any prior commitment then I would say good luck. I have never sold these pieces to walk in clients. Previous purchases will allways be required even if it is just a Datejust.. why would I choose a unknown client with no prior commitment to the company over a loyal client that I have known for years?

Allocation do not depend on sales volume.

With regards to the Greys... this is why we have lists and black lists and checks etc. We need to ensure that we protect Rolex's best interest as well as our clients'. Some companies have turned a blind eye to greys as long as they spend. Other companies are very strict and even if they have a suspicion that you might want to resell they won't consider you for these watches. Again the key word is loyalty. I personally dislike the grey market because it has ruined the industry.

So if you walk or phone an AD and ask for an entire list of SS pieces, you have effectively shot yourself in the foot.

How has this been working out? Also, at least I have not given my permission to store any information about myself (GDPR).