The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Watch Forum > Other (non-Rolex) Watch Topics > Patek Philippe Discussion Forum

Reply
 
Thread Tools Display Modes
Old 25 November 2020, 07:32 PM   #61
scurfa
"TRF" Member
 
Join Date: Jul 2007
Location: Sunderland
Posts: 1,249
If you look to how the world is changing and big countries like China and India are growing I doubt anything with change, luxury brands have seen sales of 30% of stock going to China but forecast the figures of 40% next year to be more realistic.
__________________
Instagram @scurfawatches
scurfa is offline   Reply With Quote
Old 25 November 2020, 11:43 PM   #62
Uppersouth
"TRF" Member
 
Uppersouth's Avatar
 
Join Date: Apr 2017
Real Name: Lee
Location: Kentucky
Watch: SWISS
Posts: 1,527
Quote:
Originally Posted by martinr View Post
That’s nice. I like driving my 2020 BMW. While wearing this. Which I bought new from my AD for less than msrp.


Smart move! Love the travel time.


Sent from my iPhone using Tapatalk
__________________
Two roads diverged in a wood, and I—
I took the one less traveled by,
And that has made all the difference.
-ROBERT FROST
Uppersouth is offline   Reply With Quote
Old 26 November 2020, 01:42 AM   #63
kneedeep
"TRF" Member
 
Join Date: May 2014
Location: Not 2 far from u
Posts: 3,457
Quote:
Originally Posted by martinr View Post
Lots of people with money to burn and as long as showing off on Instagram is a thing prices will stay high. My opinion is there are so many things that give more bang for the buck than watches. Why chase the same thing everyone else thinks they must have. It’s not that I don’t like watches but really how much pleasure do you get from looking at a thing on your wrist that tells the time. If I paid 37K for an Aquanaut I’d look at it and say I must have lost my mind.
Agree, chasing trends usually ends up poorly at some point in time and I'd have the same thoughts about spending $37k on an Aquanaut.
__________________
Official Member "WIS-CON" Las Vegas International GTG 2017
Official Member "WIS-CON" Las Vegas International GTG 2018
kneedeep is offline   Reply With Quote
Old 26 November 2020, 02:06 AM   #64
martinr
"TRF" Member
 
martinr's Avatar
 
Join Date: Jan 2013
Location: California
Posts: 3,099
[QUOTE=2nastie;11085327]Quite frankly, I think you are slightly off on both standpoints. As much as you would like to dream that AP boutique manager or most manager "getting in bed" with the reseller; the odds of that is less likely than this situation I would suggest below. (Be it, I'm sure they are a handful of bad apples in the bunch that will capitalize on your theory).

The AD/Boutique has a desirable model like the 15202 coming in. He a) offers it to a new customer if they are willing to bundle a few pieces (perhaps the new Code 11:59) and the new customer agrees and strikes the deal; b) the same deal bundle deal is offered to a grey/reseller under the same conditions; c) they actually offer it to a pre-existing long term customer with no strings attached.

All the a) b) c), result in either: 1) they keep the watch; 2) they have no intentions keeping the watch and either sells it themselves or sells it the grey/reseller. The grey/reseller works on margins +/- the same (as years before)... no different the "good old days" and pays a premium above MSRP on it (be it new "wholesale" value) and marks it up and sells it themselves.

Yes, in one case the reseller obtains the watch straight from the source but likely bought a couple pieces that they will take a hit on in terms of resale value... so they are paying above MSRP. And in the other scenarios various other "end-users" take a cut before it goes to the grey dealer.

I don't think this is a new concept. It's retail business 101 and applies to all industries if you aren't the AD or manufacture. If you resell goods like cars, watches, etc. this concept applies.

It's our hobby but another person's business.

Here’s my response.

Your scenario is possible. The problem with it is why would a new customer bundle to get a highly desirable model and then offload the most desirable and keep the watches he could buy without bundling? Just to make a little money? Too musk risk for too little return that way. If he’s a new customer he’s not a pro reseller. And your second scenario with the grey or reseller doing the same thing makes a little more sense but the reseller I was speaking of doesn’t have the new less desirable watches for sale now. And even if he did he would be cutting his profit considerably and for what? He’d tie up cash on the less desirable watches that don’t move quickly.

Also you commented “ as much as you would like to dream the boutique manager is getting in bed with the reseller”. I don’t like to dream it but I do think it’s a good possibility. Why do you assume I have some attitude about it? I don’t.
martinr is offline   Reply With Quote
Old 26 November 2020, 05:01 AM   #65
Swaye
"TRF" Member
 
Swaye's Avatar
 
Join Date: Feb 2019
Location: USA
Watch: What I am wearing.
Posts: 1,879
Quote:
Originally Posted by GreenLantern View Post
Sort of sad. Watches as a commodity.
__________________
RolexH. Moser F.P. JourneAudemars PiquetPatek Philippe
_______________________________
"I'm not playing hard to get, I'm playing hard to want."
Swaye is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Takuya Watches

Bobs Watches

Asset Appeal

My Watch LLC

OCWatches

DavidSW Watches

Coronet


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.