Bite the hand that feeds U

[baldyspoon]

We all Know Rolex won't go bust but how many dealers are going to stop selling them, two of my local AD's less than a mile apart are telling me if things don't improve they are going to stop selling them as even though they are not selling as many watches Rolex still wants them to buy the same amount of watches. Both dealers said they would rather stop selling Rolex than let the rest of their buisness suffer due to poor sales and any ever growing stock they can't shift surely a case of Rolex biting the hand that feeds it. I know it will make it more exclusive the less dealers but surley the less dealers the more stock the remaining dealers would have to buy and how long before they decide to stop.

[charliec]

And so the perpetual cycle goes on........

[Bisquitlips]

Sounds like Rolex's business plan alright!

[Numismatist]

Originally Posted by baldyspoon

We all Know Rolex won't go bust but how many dealers are going to stop selling them, two of my local AD's less than a mile apart are telling me if things don't improve they are going to stop selling them as even though they are not selling as many watches Rolex still wants them to buy the same amount of watches. Both dealers said they would rather stop selling Rolex than let the rest of their buisness suffer due to poor sales and any ever growing stock they can't shift surely a case of Rolex biting the hand that feeds it. I know it will make it more exclusive the less dealers but surley the less dealers the more stock the remaining dealers would have to buy and how long before they decide to stop.

Well let's get to work TRF and buy as many as we can!!!

[082013]

Probably only applies to independents, I am sure the Woolworths/Dixons of the jewellery world, like Ernest Jones, Goldsmiths etc can afford to ride it out and keep buying stock.

[Parachrom]

perfect opportunity to set up TRF jewellers as an AD. Each member would be shareholder and as for dividends, being able to buy at a good price would be a nice payout.

[baldyspoon]

Originally Posted by 082013

Probably only applies to independents, I am sure the Woolworths/Dixons of the jewellery world, like Ernest Jones, Goldsmiths etc can afford to ride it out and keep buying stock.

Wish this was true but one of the AD's I spoke to is not an independent and is one of the woolworths/dixons of the jewellery world

[marke]

with rolex its all about Politics and red tape, you have to conform or rolex will take your dealership away from you, i have the inside tract on this, I often write reports on the shopping experience when i visit a rolex dealer in various towns up and down the country. the report is sent to rolex for them to investigate, and its very sad that some dealers i have dealt with Do not deserve to by dealers.

I have lised some of the best below for your info.

Ernest Jones Sounthend on sea essex --- contact neil or simon, all staff passionate and eager to help.

Mappin and webb ---- Guildford branch. Christine is the absolute dogs B******s. she is 100% knowledgeable, trustworthy and really knows her stuff and is a real pleasue to deal with.

mappinn & Webb Fenchurch str. Joel the manager is top trumps....

Earnest Jones ---- BlueWater--- jenny, rachel and the team excellent

hewitt & Sons ----- Grimsby---- Peter and his team always eager to help

thats just for starters

[buz-lh]

I would imagine Rolex letting the economic woes weed out some dealers. The fewer dealers they have, the closer they can control them.

[The Mole]

Interesting that it is different in the UK. In the US, Rolex does not require their dealers to buy a certain amount of watches. Rolex does require that dealers have the line properly represented in each store. What this means is when a core watch is sold it will need to be replaced. They do not however force a dealer to buy multiples of each style and buy even when the watches are not selling, or buy a certain amount per year.

[baldyspoon]

Originally Posted by marke

with rolex its all about Politics and red tape, you have to conform or rolex will take your dealership away from you, i have the inside tract on this, I often write reports on the shopping experience when i visit a rolex dealer in various towns up and down the country. the report is sent to rolex for them to investigate, and its very sad that some dealers i have dealt with Do not deserve to by dealers.

I have lised some of the best below for your info.

Ernest Jones Sounthend on sea essex --- contact neil or simon, all staff passionate and eager to help.

Mappin and webb ---- Guildford branch. Christine is the absolute dogs B******s. she is 100% knowledgeable, trustworthy and really knows her stuff and is a real pleasue to deal with.

mappinn & Webb Fenchurch str. Joel the manager is top trumps....

Earnest Jones ---- BlueWater--- jenny, rachel and the team excellent

hewitt & Sons ----- Grimsby---- Peter and his team always eager to help

thats just for starters

Thanks for the info on good dealers but this thread was about how many dealers will continue to sell Rolex if they carry on with their strong arm tatics and how long before more dealers including big ones say enough is enough and stop stocking Rolex due to having stock they can't shift which amounts to dead money as I said I know of two who are talking of pulling out and they are not small just wonder how many more

[frostie]

The more stocked rolexes the better for the consumer

Imagine what kind of discounts they'll be offering

[chicagowatchman]

DeeeeeeeeeeeeeeeeeeeP Discounts!!!!!!

[Cato]

Last time I got into watches was about ten years ago. After I made my purchase, I left the market until recently with my latest purchase. I shopped around and noticed a lot more ADs then I see these days. I suppose fewer ADs means more exclusivity for Rolex and higher quality ADs.

[082013]

The discounts are already there, I just paid £5200 from a grey dealer for a month old SS Daytona, Deep Sea just sold by Koronet Kit, £5250, and GV's not doing much better.....It's a buyers market

[082013]

The discounts are already there, I just paid £5200 from a grey dealer for a month old SS Daytona, Deep Sea just sold by Koronet Kid, £5250, and GV's not doing much better.....It's a buyers market

[escudoturbo]

Originally Posted by 082013

Probably only applies to independents, I am sure the Woolworths/Dixons of the jewellery world, like Ernest Jones, Goldsmiths etc can afford to ride it out and keep buying stock.

I wouldent say that being a 'Woolworths' was a good thing nowdays.

[ArizonaHD]

What you don't sell you back door to grey market dealers.