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kingSubTT · 21 November 2018, 05:21 AM

Watching CNBC seeing the bloodbath. There was a commercial about mvmt watches. “The really nice watch you want, costs a fraction to make. So we created our own designs.” I looked at the website, total crap. They must be selling some of this crap to afford time on CNBC?

Etschell · 21 November 2018, 05:27 AM

what does this have to do with rolex?

mjclark32 · 21 November 2018, 05:36 AM

Yeah I see them every now and then and always think “isn’t that how retail works? Are you selling them at cost? No, then your mvmt watch costs a fraction to make too”
Oddly enough my daughter’s pediatrician wears one, whom we saw this am... only one I can recall ever seeing though.

dcash0615 · 21 November 2018, 05:57 AM

Not my choice of watches, but the founders of MVMT, Jacob and Kramer, are laughing all the way to the bank with the recent purchase of their company by Movado Group for a reported $200m pretax ($100m initial payment and two additional payments totaling $100m). Not bad for starting up in 2013.

SearChart · 21 November 2018, 05:59 AM

Quote:

Originally Posted by dcash0615

Not my choice of watches, but the founders of MVMT, Jacob and Kramer, are laughing all the way to the bank with the recent purchase of their company by Movado Group for a reported $200m pretax ($100m initial payment and two additional payments totaling $100m). Not bad for starting up in 2013.

They probably wear Rolex

kingSubTT · 21 November 2018, 06:14 AM

We are a very rare breed. Their phrase caught me. “The watch that you want”

The only thing that I want is Platona. I don’t care about anything else.

marc12 · 21 November 2018, 06:21 AM

Incredibly aggressive social media marketing campaign has paid off for them

kingSubTT · 21 November 2018, 06:26 AM

Quote:

Originally Posted by marc12

Incredibly aggressive social media marketing campaign has paid off for them

Mind boggling

Chadridv · 21 November 2018, 06:26 AM

Quote:

Originally Posted by Etschell

what does this have to do with rolex?

exactly. I don't see the point of comparison at all.

I'll enjoy my watches, end of story.

Sarosh · 21 November 2018, 06:27 AM

Quote:

Originally Posted by SearChart

They probably wear Rolex

Lol comment of the day

ras47 · 21 November 2018, 06:45 AM

I hope MVMT is successful and lures away a metric pantload of potential Rolex buyers. We can't get stainless steel models without waiting a year in some cases. If folks flocked to those junk MVMT watches it might loosen up demand for Rolex watches. :)

R!$ · 21 November 2018, 06:48 AM

Quote:

Originally Posted by Etschell

what does this have to do with rolex?

you're right, absolutely nothing

DPE · 21 November 2018, 07:13 AM

Its been cold and raining today.

AK DeepSea · 21 November 2018, 07:32 AM

You pay an 80% markup for the Rolex name. Steel ain’t that much money to machine and assemble.

I own a Rolex but won’t lie about retail prices and funding a monstrous, albeit, very successful marketing campaign.

ckaynyc · 21 November 2018, 07:33 AM

They're marketing geniuses. Great for them. You guys also realize that the same is said about Rolex brand as well by other watch guys, right?

LMAO!

Bruin Watch · 21 November 2018, 07:36 AM

Quote:

Originally Posted by dcash0615

Not my choice of watches, but the founders of MVMT, Jacob and Kramer, are laughing all the way to the bank with the recent purchase of their company by Movado Group for a reported $200m pretax ($100m initial payment and two additional payments totaling $100m). Not bad for starting up in 2013.

Well said. Agree 100%.

Carondelet · 21 November 2018, 08:08 AM

Quote:

Originally Posted by ras47

I hope MVMT is successful and lures away a metric pantload of potential Rolex buyers. We can't get stainless steel models without waiting a year in some cases. If folks flocked to those junk MVMT watches it might loosen up demand for Rolex watches. :)

Not a metric pantload though!!

utc66 · 21 November 2018, 09:16 AM

Well the name MVMT aint so bad actually. Better than Ralf Tech.

21 November 2018, 05:21 AM	#1
kingSubTT "TRF" Member Join Date: Oct 2011 Location: USA Watch: SmurfDaytonaBLNR Posts: 682	These commercials drive me nuts. Watching CNBC seeing the bloodbath. There was a commercial about mvmt watches. “The really nice watch you want, costs a fraction to make. So we created our own designs.” I looked at the website, total crap. They must be selling some of this crap to afford time on CNBC? __________________ White Daytona 116520, Sub 116619LB, GMT II BLNR

21 November 2018, 05:27 AM	#2
Etschell "TRF" Member Join Date: Dec 2013 Location: FL Watch: platinum sub Posts: 15,884	what does this have to do with rolex? __________________ If you wind it, they will run. 25 or 6 to 4.

21 November 2018, 05:36 AM	#3
mjclark32 "TRF" Member Join Date: Mar 2010 Real Name: MJC Location: PHL USA Watch: IWC, Rolex, AP Posts: 29,232	Yeah I see them every now and then and always think “isn’t that how retail works? Are you selling them at cost? No, then your mvmt watch costs a fraction to make too” Oddly enough my daughter’s pediatrician wears one, whom we saw this am... only one I can recall ever seeing though. __________________

21 November 2018, 05:57 AM	#4
dcash0615 2024 Pledge Member Join Date: Jan 2007 Real Name: Dave Location: CA Watch: es Posts: 4,363	Not my choice of watches, but the founders of MVMT, Jacob and Kramer, are laughing all the way to the bank with the recent purchase of their company by Movado Group for a reported $200m pretax ($100m initial payment and two additional payments totaling $100m). Not bad for starting up in 2013. __________________ Instagram @dcash0615 2FA security active

21 November 2018, 06:14 AM	#6
kingSubTT "TRF" Member Join Date: Oct 2011 Location: USA Watch: SmurfDaytonaBLNR Posts: 682	We are a very rare breed. Their phrase caught me. “The watch that you want” The only thing that I want is Platona. I don’t care about anything else. __________________ White Daytona 116520, Sub 116619LB, GMT II BLNR

21 November 2018, 06:21 AM	#7
marc12 Banned Join Date: Apr 2016 Real Name: Marc Location: NH Watch: Blue Steel SD Posts: 614	Incredibly aggressive social media marketing campaign has paid off for them

21 November 2018, 06:45 AM	#11
ras47 "TRF" Member Join Date: Apr 2017 Real Name: Robert Location: Northern NJ Watch: 16710 BLRO Posts: 3,063	I hope MVMT is successful and lures away a metric pantload of potential Rolex buyers. We can't get stainless steel models without waiting a year in some cases. If folks flocked to those junk MVMT watches it might loosen up demand for Rolex watches. :) __________________ Rolex GMT Master II BLRO 16710 Omega Speedmaster Co-Axial Chrono

21 November 2018, 07:13 AM	#13
DPE "TRF" Member Join Date: Oct 2014 Location: uk Posts: 1,050	Its been cold and raining today.

21 November 2018, 07:32 AM	#14
AK DeepSea Banned Join Date: Oct 2018 Location: MAGA2020 Posts: 242	You pay an 80% markup for the Rolex name. Steel ain’t that much money to machine and assemble. I own a Rolex but won’t lie about retail prices and funding a monstrous, albeit, very successful marketing campaign.

21 November 2018, 07:33 AM	#15
ckaynyc "TRF" Member Join Date: May 2012 Location: NYC Posts: 753	They're marketing geniuses. Great for them. You guys also realize that the same is said about Rolex brand as well by other watch guys, right? LMAO!

21 November 2018, 09:16 AM	#18
utc66 "TRF" Member Join Date: Jul 2008 Location: DC Watch: 16600, PAM112,EZM1 Posts: 463	Well the name MVMT aint so bad actually. Better than Ralf Tech.

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