FPJ Going Boutique Only

[Skyrider01]

Originally Posted by llngoc

Maybe we have more flippers :-)

This is probably one of the reasons.
During my last visit at my local boutique, they told me that they are trying to make sure they don't sell to flippers. They are doing this by looking at your relationship with the brand and by consolidating the waitlists from all boutiques to a centralized one. By closing down ADs and going Boutique only, they will have more control on who they sell to.

[CFR]

Originally Posted by Skyrider01

This is probably one of the reasons.
During my last visit at my local boutique, they told me that they are trying to make sure they don't sell to flippers. They are doing this by looking at your relationship with the brand and by consolidating the waitlists from all boutiques to a centralized one. By closing down ADs and going Boutique only, they will have more control on who they sell to.

Makes sense. Right now, many FPJ watches sell for above retail on the secondary market, so the brand takes names to prevent flipping. If/when the cycle goes back to what it was before, where FPJ watches sell for below retail on the secondary market, then it still makes sense for the brand to take names centrally, but for a different reason: to discourage price-shopping, so the brand knows if the same person is making multiple inquiries at different points of sale.

Lange is doing the same thing with certain models. They will now ask for a customer's name before selling them certain standard-production pieces such as a Zeitwerk or a Datograph. Lange will still sell those pieces to anyone -- they don't care if the customer has a prior purchase history -- but they want to make sure the person isn't going to multiple dealers to price-shop for the same piece, looking for discounts. And with the (few) limited or highly desirable Lange pieces that do sell above retail on the secondary market (such as the steel Odysseus) -- pieces where discounts are a non-starter -- Lange takes names to discourage people (existing customers, in those cases) from buying the watches at full retail price and then flipping them for more money.

[rockdrock]

Interesting vid on just this today:

https://youtu.be/HPr6k3pSTa8

[lanteanflux]

I’m confident it’s US only as they have so many boutiques already. Hour glass is the Ad for both Singapore and Australia, I can’t see them setting up a boutique in Australia and they’d certainly not leave Singapore entirely though a boutique here makes a lot of sense given the clientele


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[GreenLantern]

The US doesn't exactly have a LOT of boutiques already.

Maybe in comparison to some countries with 1 or 0, sure.