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13 February 2018, 02:43 AM | #31 |
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Correct. It's been 40K for the past couple years and that will continue for 2018 and 2019.
https://www.youtube.com/watch?v=p5YodO_iNZ0 Start around the 8 minute mark if you don't want to watch the whole thing.
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13 February 2018, 02:50 AM | #32 | |
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Some of us are “real” customers (whatever that means) who have purchased from boutiques and ADs many, many times. But of course unless you buy from the same boutique each and every time AP doesn’t care. In this respect PP is better at keeping track of who truly supports the brand. But there really is no room in the AP brand anymore for those of us who only spend 50k’ish per year on APs. Not everything is about the discount. |
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13 February 2018, 02:51 AM | #33 | |
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13 February 2018, 02:51 AM | #34 |
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13 February 2018, 02:59 AM | #35 |
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Good luck with that AP. Even though I don't really like the way TS is running Patek, he at least supports his AD's and isn't moving to a boutique only model.
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13 February 2018, 03:00 AM | #36 | |
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Its the attitude that turned me off and the general disinterest. Its not the boutique only model. In principle im fine with that, but from past experience i want to avoid dealing with AP directly so ive bought my last one rather than deal with them directly. Im fine with the watches... most of them anyway. You dont have to discount a product people actually want no matter who is selling it. So the discount argument is a red herring in all of this to avoid the issue of certain design decisions and production numbers on certain watches. |
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13 February 2018, 03:10 AM | #37 |
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I don't want to pay msrp for APs...Then I am left holding the bag when they lower prices.
I need margin for their inept pricing models.
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13 February 2018, 03:18 AM | #38 | |
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Good point. Imagine buying the 44 ceramic anthracite only to have them drop the price the next year by over 10k. The discounts happened because AP’s pricing was off. |
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13 February 2018, 03:28 AM | #39 | |
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I've said it before, but I'm not playing silly little games with a matchmaker or "establishing relationships" or sucking up to sales staff. AP made, what, 2 watches in the last 3 years that command a premium and suddenly think their watches cure cancer. Pass. |
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13 February 2018, 03:46 AM | #40 | |
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Business 101: its much cheaper to keep an existing customer than to get another one.... anywhere from 5X to 25X more expensive to get a new one actually. |
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13 February 2018, 03:52 AM | #41 |
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There's always Hublot. Plenty of stock at many dealers and boutiques all over. Hahaha in ready to be flamed by saying this
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13 February 2018, 03:54 AM | #42 |
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oh i already said i would rather be Hublot these days than AP. AP is pretty stagnant where as Hublot is hungry and trying to be more than what they are. Reputation only carries you so far. Still not ready to buy a Hublot though.
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13 February 2018, 03:59 AM | #43 |
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I could swear that I recently heard that the AD in CT was expanding their AP setup. I wonder if the "no ADs" really means that the ADs will be required to offer a boutique setup within their locations for AP rather than AP going to boutique only locations like NYC.
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13 February 2018, 04:01 AM | #44 |
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doubt that matters. Boutique in this context is AP direct sales to customer and AP direct control. Thus no dealer margins and they sell them themselves. I doubt its going to happen overnight, but AD's are already not getting any popular watches from AP. It's a bad move for any AD to expand AP's presence in their store.
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13 February 2018, 04:02 AM | #45 | |
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The new Harrods watch department now has APs U.K. boutique status. Sent from my iPhone using Tapatalk |
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13 February 2018, 04:04 AM | #46 |
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13 February 2018, 04:05 AM | #47 | |
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This is an important distinction. Harrods reward points or no harrods reward points? |
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13 February 2018, 04:05 AM | #48 |
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It's pretty crazy times in the watch world. AP has issues with their 3126 movement and can't figure out a solution other than Service after the sale. Even if AP service has quick turn around times, it's not the best feeling sending in a new watch that cost over $30k retail within a few months of ownership. Add that to a first time buyer that goes to an AD to browse and the display case is empty. All these issues are turning away potential buyers. Now less ADs will make it even more difficult to browse. I guess if there are fewer ADs the boutiques will be overflowing with inventory so that's a bonus I guess
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13 February 2018, 04:10 AM | #49 | |
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13 February 2018, 04:13 AM | #50 |
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Tyler when referring to AP anything that starts like this is pure BS. Just look at the way AP puts on events for their clients and also take the factory visits, which since they are 1st class all the way and paid for by the brand are the antithesis of ‘cheap’.
I know you chose to turn down your factory visit invitation but that doesn’t give you the right to refer to the brand as cheap. You’re a nice guy but where AP is concerned you need to get your facts in order. Sent from my iPhone using Tapatalk |
13 February 2018, 04:15 AM | #51 | |
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Sorry but their CEO said it is cheaper to do lounges, not me. That is a fact "above-ground-level retail spaces where the focus will be on a premium customer experience rather than costly build-outs for showcase spaces with premium rents. The first are scheduled to open in London, Munich and New York by the end of this year." Too cheap to build a boutique is a fair statement. That was the context of the statement as i made clear. |
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13 February 2018, 04:19 AM | #52 |
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13 February 2018, 04:23 AM | #53 | |
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I never said AP trips were cheap, the watches were cheap, the brand is bad. I like the watches(most of them), believe it or not. Id buy one or two probably if my AD carried them. |
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13 February 2018, 04:27 AM | #54 | |
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It's obviously great for the .01% who have been paying full price at on boutique for awhile. The rest of us would have to spend feverishly to dislodge those customers already in place. When I've spoken to sales staff about that fact, their reaction ranges from smug to empathetic, but there's never talk about how this will benefit the other 99.99% of AP's loyal customers. Are they committed to increasing quality? Are they committed to increasing value retention across more than 1 or 2 models? |
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13 February 2018, 04:30 AM | #55 | |
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Unless you are willing to drop 250k on a piece that will sink like a stone as soon as you leave the store you aren’t a real customer. |
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13 February 2018, 04:30 AM | #56 | |
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Its true that how this benefits the customer is vague. It seems like they are not interested with communication with this lack of information on monumental changes. Then we sit on forums and speculate. That is a problem. What do we get vs what we have to give up? Better waitlist procedures? More availability? Less grey market watches (which i think of as a positive)? Tell us. |
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13 February 2018, 04:41 AM | #57 | |
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This is not my experience at all, I have bought APs for around 16 years (always brand new), but I’ve only owned 4 and yet I feel very valued as a customer. Sent from my iPhone using Tapatalk |
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13 February 2018, 04:48 AM | #58 | |
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They also had pretty big price drops on the CE and SS. That's a massive devaluation, and should give anyone pause at buying APs at full MSRP! |
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13 February 2018, 04:52 AM | #59 | |
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13 February 2018, 04:55 AM | #60 | |
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