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19 March 2021, 01:12 PM | #1 |
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Wholesale Rolex Secondary Market Pricing
Does anyone know how you get it?
Do you need to be in those dealer groups (WhatsApp/Signal etc)and have agreements between other dealers that they will buy/sell/trade at a fixed price etc? Do you need an LLC to be considered for that wholesale pricing? Do these "grey dealers" disregard individual flippers as basically retail consumers and must pay retail price? Just doing some research Thanks! |
19 March 2021, 02:10 PM | #2 |
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Wouldn’t that be price fixing?
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19 March 2021, 03:01 PM | #3 | |
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Quote:
The model in the end is built on justifying the markup for the "work" in acquiring hot pieces for those willing to pay the price. I like to break business models down, I deal with it every day clearing trades on an institutional level, the watch market is just a super toned-down version of financial markets. For example, if I wanted to sell 50000 contracts on a certain day without disrupting the price, I can't do it all at once I won't get filled on the order. However, if I find another buyer off-exchange that will buy my 50000 contracts, we can do the deal off-exchange, don't disrupt the market, and close the trade for a few BPS cheaper than the current market price and they can sell it off on their own and profit if they choose. From deduction, I believe this is how it generally works, correct me if I'm wrong if you deal in grey and work with wholesale pricing etc between other dealers. |
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19 March 2021, 03:54 PM | #4 |
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I think you are overthinking it.
I assume they by from ADs and sell at a mark-up, or buy from flippers at x over retail and sell for y over retail. For the less hot models where they are not making as much (or a loss back in the day) they are probably lumped in with other purchases. Your theory sounds more like there is some underground market where dealers are trading watches by the thousands with some wholesale prices. Nearly any grey dealer that sell will also buy from customers, sure there might be the odd exchange of inventory between grey dealers but that it. |
19 March 2021, 05:09 PM | #5 | |
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19 March 2021, 05:30 PM | #6 | ||
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19 March 2021, 05:58 PM | #7 |
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Apparently some are working on a new moon landing program.
That may be simpler to understand than the AD retailer - AD gouger - AD to Grey dealer - flipper - genuine trader etc. etc. scenario.
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19 March 2021, 08:47 PM | #8 |
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My brain just fell out .....
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20 March 2021, 10:48 AM | #9 |
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22 April 2021, 12:34 PM | #10 |
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22 April 2021, 01:37 PM | #11 |
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You arent going to get a watch at wholesale without buying a whole lot more with it. No one is going to sell you a single watch at wholesale without any kind of large purchase history.
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