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Old 29 April 2012, 11:31 AM   #1
gwozhog
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No price increase in the last year.

Am I the only one who is a little upset about no price increase since last May. Im in the air conditioning business and even the cost of freon has gone up 300 percent since January. Is Rolex sales fizzling out or have they realized that they are already too overpriced? Maybee they think that they have canned all the big discounting AD's and people are having to pay full retail now.
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Old 29 April 2012, 11:43 AM   #2
john333
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I don't think it has anything to do with that. Rolex just had a semi-increase by raising the cost to the dealers recently. I'm sure we will see an increase soon enough...it's inevitable.
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Old 29 April 2012, 11:50 AM   #3
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The pricing this year worked out well for me, so I'm not complaining.

We'll just have to see what the future will bring.

I would be careful what I wish for.
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Old 29 April 2012, 12:20 PM   #4
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Quote:
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Am I the only one who is a little upset about no price increase since last May.
I would say yes; why would you want the prices to go up if you are still collection the modern pieces?

Discontinued models will still increase in value regardless especially popular models that are NOS or LNIB condition.
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Old 29 April 2012, 01:04 PM   #5
kilyung
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I have no doubt we'll see an increase this year.
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Old 29 April 2012, 01:13 PM   #6
MortgageGuy
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Upset they have not raised prices Not at all! I do agree however that we will see a increase this year at some point... I would think it would be in the 3-8% range but what do I know
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Old 29 April 2012, 01:18 PM   #7
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Upset they have not raised prices Not at all! I do agree however that we will see a increase this year at some point... I would think it would be in the 3-8% range but what do I know
3-8% is probably being conservative.
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Old 29 April 2012, 01:58 PM   #8
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Shhhhhhhhhhhhhhhhhh

Rolex might hear you.


Besides they reduced their ADs Margin, so in a way this reduced the likely hood of some discounting so a price increase of sorts actually took place.
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Old 29 April 2012, 02:05 PM   #9
perpetualman88
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Rolex did increase the price...........to the ADs

This increase of cost to ADs supplemented a price increase to consumers on the retail price of a rolex.
The next increase will surely be a retail price increase
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Old 29 April 2012, 02:11 PM   #10
gwalker
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Youre upset we haven't seen a price increase?????? Very strange IMHO. Just send me your extra cash you want to spend on price increases. I cant even fathom being upset there hasn't been an increase.
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Old 29 April 2012, 02:13 PM   #11
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Am I the only one who is a little upset about no price increase since last May. .... Maybee they think that they have canned all the big discounting AD's and people are having to pay full retail now.
Looks like nobody else is upset. How does canning ADs help Rolex? The cost to the AD is all the profit they get.
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Old 29 April 2012, 02:29 PM   #12
MoBe
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I don`t care if Rolex ever increase their prices again as long as I live,I`m not invested in watches,not Rolex or any other brand.
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Old 29 April 2012, 02:29 PM   #13
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I don`t care if Rolex ever increase their prices again as long as I live,I`m not invested in watches,not Rolex or any other brand.
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Old 29 April 2012, 05:42 PM   #14
tattooedfagin
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wouldn't be surprised to see a 10% rise this year, they may want to make good the calm period
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Old 29 April 2012, 06:04 PM   #15
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Youre upset we haven't seen a price increase?????? Very strange IMHO. Just send me your extra cash you want to spend on price increases. I cant even fathom being upset there hasn't been an increase.
I guess , unless you're stuck with a couple of pieces you want to flog
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Old 29 April 2012, 06:11 PM   #16
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Unfortunately Rolex is going to increase their price . . . .
I'll bet you !

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Old 29 April 2012, 07:33 PM   #17
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One of these threads again...
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Old 29 April 2012, 08:24 PM   #18
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Well, the currency situation has calmed down, that was one of the principal reasons behind the price rises - everything at their end is dealt with in Swiss Francs, and it has been particularly strong against the Dollar and Pound. Since the Swiss devalued their currency, it's evened out - gold prices have slowed as well, ergo no need for a price rise. Enjoy the stability!
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Old 29 April 2012, 09:14 PM   #19
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It's about time for a decrease.
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Old 30 April 2012, 12:10 AM   #20
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You are upset that they did not increase prices, that just might be the silliest thing I have ever heard on any watch forum. Literally, I am almost at a loss for words over your statement.

Rolex did decrease the dealer margins a few months ago which means they are charging the AD's more for the watches, they just left the MSRP's alone.
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Old 30 April 2012, 12:21 AM   #21
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Am I the only one who is a little upset about no price increase since last May.
Now I've seen everything.
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Old 30 April 2012, 01:40 AM   #22
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I guess , unless you're stuck with a couple of pieces you want to flog
Well that's why a Rolex isn't an investment.
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Old 30 April 2012, 02:12 AM   #23
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People complain when they DO raise prices.

People complain when the DO NOT raise prices.

It tough to please everyone...
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Old 30 April 2012, 02:45 AM   #24
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It's about time for a decrease.
Dream on my friend.
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Old 30 April 2012, 02:57 AM   #25
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Well, the currency situation has calmed down, that was one of the principal reasons behind the price rises - everything at their end is dealt with in Swiss Francs, and it has been particularly strong against the Dollar and Pound. Since the Swiss devalued their currency, it's evened out - gold prices have slowed as well, ergo no need for a price rise. Enjoy the stability!
Exactly.

If the CHF gets stronger they need to earn more $'s or else their profit margins get killed. If they devalue the CHF they do not need to earn as many $'s to get the CHF they need. Nothing mysterious about it. Account for general inflation(across the board devaluations) and you may see price increases as the cost of materials and labor increase

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Old 30 April 2012, 03:17 AM   #26
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I have no doubt we'll see an increase this year.
My Guess will be October...
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Old 30 April 2012, 03:42 AM   #27
gwozhog
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It has always been a pretty accurate statement that the best time to buy rolex is now. I just dont believe that anymore. I'm seeing better deals on the second hand market now than I saw a year ago.
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Old 30 April 2012, 04:19 AM   #28
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Exactly.

If the CHF gets stronger they need to earn more $'s or else their profit margins get killed. If they devalue the CHF they do not need to earn as many $'s to get the CHF they need. Nothing mysterious about it.
Actually, it was an article that I read last year on this very subject and a chart of the history of Rolex price increases that convinced me that I could wait to purchase my 14060M until I had all the money in the bank.

Of course, ADs always want you to buy on any given date you happen to be in the store, but everyone and his brother was advising to buy before October because an increase was at hand.

I decided to take that gamble and I do hate to gamble, but it turned out well for me and the AD, because not only was there no price increase, but I took possession of it before the margin decrease.

I called it good logic, but the truth suggests more strongly that it was pure luck, as history doesn't indicate that good judgement when it comes to money is my strong suit.
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Old 30 April 2012, 04:35 AM   #29
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With the new models due to arrive at the end of the summer will the existing models need price adjustments to fall into line?

I know in the UK the new Sub is £4190 I think a Sub date is £5300 something is there usually a bigger diffrence between the date and non date ?
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