Not a single Rolex in an AD

[eltonbalch]

My favorite grey dealer has close to 100 Rolex watches for sale; thirty five are listed as “new”. He also sold a TON of watches between November first and now (yes…sadly I watch). Obviously he’s not getting them from the mothership. I don’t ask and I’m sure he wouldn’t tell me if I did though he implied a few years back that he had an AD connection. I’m sure most AD’s view a list price sale like selling money; kind of hard to blame them for being careful who they sell to. I’ll be glad when the craziness is over someday…

[subby718]

Maybe a way to stop all the craziness is for AD’s to retain warranty cards again? Maybe 12-18 months? I mean I am a genuine buyer, so they can keep my warranty card back and that wouldn’t bother me, but a flipper isn’t going to want to sit on a watch for that long surely?

Another possible solution would be for the AD to require proof of the last Rolex you bought from them to buy another. You have to take the watch in before you can purchase the next. I think these two combined protocols could make a genuine dent in the flipping market.

[aleexxxxx]

Originally Posted by subby718

Maybe a way to stop all the craziness is for AD’s to retain warranty cards again? Maybe 12-18 months? I mean I am a genuine buyer, so they can keep my warranty card back and that wouldn’t bother me, but a flipper isn’t going to want to sit on a watch for that long surely?

Another possible solution would be for the AD to require proof of the last Rolex you bought from them to buy another. You have to take the watch in before you can purchase the next. I think these two combined protocols could make a genuine dent in the flipping market.

I just watched the Paul Thorpe flipper interview as well. Keeping the card is a great idea

[subby718]

Originally Posted by aleexxxxx

I just watched the Paul Thorpe flipper interview as well. Keeping the card is a great idea

Literally just finished it and thought that’s the ticket! That would make a dent!

[Nairn1980]

Originally Posted by subby718

Maybe a way to stop all the craziness is for AD’s to retain warranty cards again? Maybe 12-18 months? I mean I am a genuine buyer, so they can keep my warranty card back and that wouldn’t bother me, but a flipper isn’t going to want to sit on a watch for that long surely?

Another possible solution would be for the AD to require proof of the last Rolex you bought from them to buy another. You have to take the watch in before you can purchase the next. I think these two combined protocols could make a genuine dent in the flipping market.

I’d be all for keeping warranty cards again.

[SpeedyTuomas]

Originally Posted by Nairn1980

I’d be all for keeping warranty cards again.

I think there might be legal limits to this approach.

[Lewi777]

Some Swiss ADs are currently holding warranty cards; according to the local Swiss press at least.

[rambo99]

Originally Posted by subby718

Maybe a way to stop all the craziness is for AD’s to retain warranty cards again? Maybe 12-18 months? I mean I am a genuine buyer, so they can keep my warranty card back and that wouldn’t bother me, but a flipper isn’t going to want to sit on a watch for that long surely?

Another possible solution would be for the AD to require proof of the last Rolex you bought from them to buy another. You have to take the watch in before you can purchase the next. I think these two combined protocols could make a genuine dent in the flipping market.

it's not going to work, lol.

[Parapraxis]

The stores function only as a big sign of luxury to show you what you can't have, hence you want it more.

These stores will not put watches in displays, let alone let you buy a watch of your choosing. You can't even step inside ADs in Canada anymore, they have security posted at the door and say you need an "appointment" (yet no appointment slots are ever available).

The watches are allocated to their regular customers when they get shipments.

[wcs2229]

Originally Posted by Mis3

There is a Rolex AD in a mall that I go sometimes. I was there 6 months ago and I noticed that there was not a single watch on display, both exterior and interior.

I was there again last week and again, not a single watch on display. As usual, there is a security person posted outside the store (do not know why). This time I talked to the store clerk and he told me that they did not have any Rolex for sales for many months. He further added that they have no idea when would they receive any.

How do they survive? This is a major mail in the city and rent is not cheap.

If it was Raffi Jewellers in Yorkdale Mall, then that is normal. They keep the watches in a vault elsewhere in the mall and bring them out to VIPs in locked cases accompanied by the security guard.

[Mis3]

Originally Posted by wcs2229

If it was Raffi Jewellers in Yorkdale Mall, then that is normal. They keep the watches in a vault elsewhere in the mall and bring them out to VIPs in locked cases accompanied by the security guard.

It was Raffi Jewellers in Square One in Mississauga. Not sure if they selll only Rolexes but there was nothing in the display windows as well as inside the store.

When I bought my Submariner a few years ago, I first went to Humbertown Jewellers ((Toronto) and somehow I got the impression that they did not want to talk to me. I asked for the price of a SS Submariner, they asked me to go back when I was ready. Little did they know that I was ready and I had my cheque book in my pocket that day.

I went to La Différence Time Centre (Richmond Hill) the next day and made the purchase, much better sales staff there. Apparently, they would not accept personal cheque and luckily there was a Bank of Montreal in the same mall. I went to get a money order and the store actually offered to pay for the service charge. All in all, a very pleasant experience……

[Parapraxis]

Originally Posted by Mis3

It was Raffi Jewellers in Square One in Mississauga. Not sure if they selll only Rolexes but there was nothing in the display windows as well as inside the store.

When I bought my Submariner a few years ago, I first went to Humbertown Jewellers ((Toronto) and somehow I got the impression that they did not want to talk to me. I asked for the price of a SS Submariner, they asked me to go back when I was ready. Little did they know that I was ready and I had my cheque book in my pocket that day.

I went to La Différence Time Centre (Richmond Hill) the next day and made the purchase, much better sales staff there. Apparently, they would not accept personal cheque and luckily there was a Bank of Montreal in the same mall. I went to get a money order and the store actually offered to pay for the service charge. All in all, a very pleasant experience……

Stick to the AD you made your last purchase at. You won't even get a foot in the door at any other AD in Toronto

[oldman2005]

I've been to a Watchless Rolex AD, the AD looks a hotel waiting room with 2 couches where the customer is invited to be seated then the SA interviews you to see if you're qualify for a Rolex, SA asks for previous purchases. If you did not spend anything at the AD, SA will immediately walk you to door saying something like: "Don't call us,
will call you". If you say you're previous customer, they will ask for your name phone number to check their computer for your purchase history and they will entertain you ...

It's a different time now: You need Rolex much more than Rolex needs you.

[Singslinger]

The share prices of the two publicly-listed watch retailers in Singapore have tripled this year because of the profits they're reporting.

That should tell you how they're doing even with empty display cases.

[gmt1]

it’s a mistake to believe that an AD with no watches means that they’re struggling. honestly that just shows how successful they are. inventory is one of the biggest issues in the retail industry as holding inventory that won’t turn over is highly detrimental, so an AD with no inventory because everything coming in is fully allocated and sold within days just shows how strong the operation is. they surely wish they had more watches, as higher volume is more profitable to them, but they’re doing just fine. the watches coming in are just fully allocated.


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[Moondoggy]

Production thinned down like everywhere. Sit tight.