ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
18 April 2019, 05:35 AM | #1 |
2024 Pledge Member
Join Date: Jun 2018
Real Name: Dave
Location: San Diego, CA
Watch: 126600
Posts: 579
|
Price Increases coming to Omega SS models
I heard from my local boutique that they will raise prices on May 1st on the stainless steel version of Speedmaster and Seamaster models.
The new SMP 300M will now cost $5,200. |
20 April 2019, 03:59 PM | #2 |
"TRF" Member
Join Date: Jan 2014
Location: Australia
Posts: 146
|
And the standard speedy pro ?
Sent from my iPhone using Tapatalk |
20 April 2019, 04:35 PM | #3 |
"TRF" Member
Join Date: Oct 2018
Location: UK
Posts: 13
|
|
20 April 2019, 05:53 PM | #4 |
"TRF" Member
Join Date: Apr 2013
Real Name: Josh
Location: Canada
Watch: undecided
Posts: 4,776
|
We already had a price increase in Canada. Do you mean to say we may have another one ?
__________________
Follow me on Instagram to see my watch journey @Japenney |
20 April 2019, 05:58 PM | #5 |
"TRF" Member
Join Date: Oct 2018
Location: UK
Posts: 13
|
In uk it’s been confirmed. When was your price increase?
|
20 April 2019, 05:58 PM | #6 |
"TRF" Member
Join Date: Jan 2014
Location: Australia
Posts: 146
|
Is this a world wide thing ?
Sent from my iPhone using Tapatalk |
21 April 2019, 06:31 AM | #7 |
"TRF" Member
Join Date: Apr 2013
Real Name: Josh
Location: Canada
Watch: undecided
Posts: 4,776
|
We had a 3% price increase recently in Canada on steel professional pieces. It was this year. Not sure exactly when.
__________________
Follow me on Instagram to see my watch journey @Japenney |
21 April 2019, 10:22 AM | #8 |
2024 Pledge Member
Join Date: Jun 2018
Real Name: Dave
Location: San Diego, CA
Watch: 126600
Posts: 579
|
Not sure if it’s worldwide or not. USA based boutique said it’s effective May 1.
|
21 April 2019, 02:25 PM | #9 |
"TRF" Member
Join Date: Sep 2018
Location: Orlando
Watch: Meteorite
Posts: 494
|
Do you guys think I should sell my 2264.50 for 12 usd or will value continue to rise?
|
22 April 2019, 07:15 AM | #10 |
2024 Pledge Member
Join Date: Jan 2013
Location: USA
Posts: 6,174
|
|
22 April 2019, 09:05 AM | #11 |
Banned
Join Date: Jan 2008
Location: Florida
Posts: 3,753
|
|
24 April 2019, 11:54 PM | #12 |
"TRF" Member
Join Date: Feb 2018
Location: United States
Posts: 260
|
|
25 April 2019, 02:50 AM | #13 |
"TRF" Member
Join Date: May 2013
Location: Phoenix, AZ USA
Watch: To many to count
Posts: 766
|
Omega already costs to much.
__________________
Omega Planet Ocean 600m Chrono 45.5mm Tudor Heritage Chrono (blue) 42mm Breitling Chronomat GMT 44mm Tudor Black Bay Bronze 43mm KRB Imaging and Photography |
25 April 2019, 07:14 AM | #14 |
"TRF" Member
Join Date: Feb 2019
Real Name: N/A
Location: USA
Posts: 173
|
Didn't price go up in Jan this year? Another thread on here confirmed it.
|
25 April 2019, 08:18 AM | #15 |
"TRF" Member
Join Date: Apr 2015
Location: Los Angeles
Watch: Sub
Posts: 862
|
|
30 April 2019, 04:28 AM | #16 |
"TRF" Member
Join Date: Mar 2011
Real Name: Michael
Location: RTP, NC, USA
Watch: ♕& Ω
Posts: 5,070
|
I heard the same thing from an authorized dealer and a reseller as well.
I understand why they want to do this, but if the prices get too high, I'll just get a Rolex.
__________________
Enjoy life - it has an expiration date. Disclaimer: Please note that the avatar is not an accurate representation of how I look. The camera adds 10 pounds... |
30 April 2019, 04:38 AM | #17 |
"TRF" Member
Join Date: Jun 2013
Location: TX
Watch: Daytona
Posts: 3,222
|
|
30 April 2019, 07:22 AM | #18 |
"TRF" Member
Join Date: Feb 2017
Real Name: Robert
Location: Lone Star State
Watch: AP RO 15400, FOIS
Posts: 2,326
|
|
30 April 2019, 10:45 PM | #19 |
"TRF" Member
Join Date: May 2013
Location: Vain
Posts: 5,893
|
This is a terrible move by Omega.
The market rewards low-key retail prices and limited distribution with sales. It punishes high retail pricing and overproduction with disdain and no sales. |
1 May 2019, 03:23 AM | #20 |
"TRF" Member
Join Date: Feb 2019
Real Name: N/A
Location: USA
Posts: 173
|
Omega site now shows $5200 (for SS bracelet), was $4850.
|
1 May 2019, 03:31 AM | #21 | |
2024 Pledge Member
Join Date: Aug 2017
Location: Tampa
Watch: SD4K
Posts: 2,674
|
Quote:
Now they have a chance to win over a lot of Rolex customers, but raising prices and waiting lists is not a good strategy, for the moment.
__________________
Sea-Dweller 116600 - the manly one GMT II 16710 - the manly one Daytona 116500 - the manly-womanly one Yacht-Master 268622 - the chick version Speedy Mitsukoshi <3 Tag Heuer Aquaracer WAF141C.BA0824 - the chick version Thank you logan5tx!!! Have to link it. Too long for the signature. https://www.rolexforums.com/showpost...0&postcount=14 |
|
1 May 2019, 05:54 AM | #22 |
"TRF" Member
Join Date: Jul 2017
Location: MA
Posts: 11
|
Meanwhile grey market shows no change in price.
Sent from my iPhone using Tapatalk |
1 May 2019, 03:10 PM | #23 | |
"TRF" Member
Join Date: May 2013
Location: Vain
Posts: 5,893
|
Quote:
The price increase creates a deeper chasm between retail and the market price...which makes the references look like bad values @ MSRP, which will lead to softer sales and subsequently A d higher discounts. Then next is flat out "dumping" by AD's just to get rid of the dead stock. Now the brand looks awful due to all this and becomes even less desirable among the general public..what a spiral... |
|
1 May 2019, 03:16 PM | #24 |
"TRF" Member
Join Date: Sep 2017
Location: Washington, DC
Posts: 568
|
Regular brand-new Speedmasters are available all day long on the grey market for 25% less than the Omega boutiques. I imagine it'll matter little if they raise the price by 5%. We'll just see the grey market go to 30% off
|
3 May 2019, 02:50 AM | #25 |
"TRF" Member
Join Date: Sep 2011
Real Name: Tim
Location: Worcestershire,UK
Watch: Coke 16710
Posts: 894
|
UK price has gone from £3600 to £3970 for the SMP 300m on a bracelet - that does seem a heck of a bump in one go - glad I got mine 6 months ago
__________________
Tim. 124060 Submariner, 16710 Coke, 16570 Black dial, Datejust 41 Wimbledon dial, Tudor Black Bay GMT, Tudor Black Bay 58 Blue, Tudor Black Bay 58 925, Tudor Prince Date Chronograph (panda dial) |
3 May 2019, 02:54 PM | #26 |
"TRF" Member
Join Date: Dec 2006
Location: norcal
Posts: 3,031
|
Looks like Omega is doing well. With Rolex shifting to higher priced DJ/TT/PM from the lower priced SS sports, this leave a big hole for the other watch manufactures to feed on, obviously Omega is taking advantages of this. Personally I think Rolex has a hard time competing in this SS sport segment hence the strategic move.
|
3 May 2019, 04:19 PM | #27 |
"TRF" Member
Join Date: Nov 2016
Real Name: Steve
Location: U.K.
Watch: 321, Snoopy 3
Posts: 4,399
|
I wonder if this is an effort to distance themselves from Tudor/tag as much as to bring their pricing closer to Rolex. For the seamaster, I think it’s justified as it was a lot of watch at 3.5k.
|
3 May 2019, 06:33 PM | #28 |
Banned
Join Date: Jul 2014
Real Name: Victor
Location: Spain
Watch: YM 116622 - SD43
Posts: 2,598
|
I've noticed the 5% increase on a Speedy Racing MC (SS bracelet) in Spain, going from 7,900 to 8,300 euros.
|
4 May 2019, 01:59 AM | #29 |
"TRF" Member
Join Date: Sep 2011
Real Name: Tim
Location: Worcestershire,UK
Watch: Coke 16710
Posts: 894
|
I agree that the SMP is not overpriced at £3970 - it was conspicuously good value at the £3300 I got it for with an Omega Nato strap thrown in
__________________
Tim. 124060 Submariner, 16710 Coke, 16570 Black dial, Datejust 41 Wimbledon dial, Tudor Black Bay GMT, Tudor Black Bay 58 Blue, Tudor Black Bay 58 925, Tudor Prince Date Chronograph (panda dial) |
4 May 2019, 06:05 AM | #30 | |
"TRF" Member
Join Date: Dec 2006
Location: norcal
Posts: 3,031
|
Quote:
I think this is one the reasons why Rolex de-emphasised their SS sport watches instead of increases the prices of the SS sport watches like many has suggested. |
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
Thread Tools | |
Display Modes | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.