Market conditions

[~JJ]

Interesting article from A Blog to Watch https://www.ablogtowatch.com/why-som...ssible-retail/

[BillA]

Thanks for sharing, I liked the article.

[jrs146]

Interesting!


Sent from my iPhone using Tapatalk

[peterpl]

I didn't mind the article either and I agree with him regarding paying over list of a
timepiece. Never would I do it.

On principal alone I wouldn't do it. Personally it just makes me feel as though I've been ripped and wouldn't add to the experience of purchasing a luxury item.

I agree completely with Ariel when he says I want a brand to "want" my business instead of me begging and overpaying for a "luxury" item. (not in those exact words)

[Bt122]

Thanks for sharing

[scarlet knight]

Good article! I am a low to moderate collector. I did want a white Daytona C, but after a couple of years on an imaginary waiting list, I don’t expect to get one. I would rather pay retail or slightly less for obtainable watches.

[speedracer5.0]

Thanks for sharing.

[MARTIN1264]

It's Frustrating and Humiliating at the same time....I've said before, I love the Rolex brand but I really can't stand the new practices that they have implemented....The only reason I stay the course with Rolex is the retained value( money in the bank mostly).....But it takes the joy out of buying a watch. It's more of a Business transaction... and that's very sad.

[watchmework]

Thanks for sharing, it’s an interesting article.

[snipermaverick]

Thanks. Good read.

[Urosfan]

Good read for sure

[playmore009]

Interesting read indeed. I just don’t pay above retail as it perpetuates the current situation. If we all decide not to buy above retail or combo purchases at AD or from grey, they will get the message. I don’t hold any judgement on others.

They are not doing me a favor to take my money for exchange for their product. That is ludicrous.


Sent from my iPhone using Tapatalk

[Etschell]

principal is great in theory. in reality you pay how much for a drink at a bar vs. at home?

[Speedbird-1]

Interesting read, with a lot of common sense.

As far as paying 'over the top' for a trinket I don't really need.....

........"I am Spartacus".

[Speedbird-1]

Originally Posted by Etschell

principal is great in theory. in reality you pay how much for a drink at a bar vs. at home?

Today, it'd cost me £800 to fly home for a beer.
And anyway I'm happy to pay a bit extra to be served warm
beer in a dirty glass by an equally 'dirty' looking 'bar-person'
with big blue eyes and large, pendulous..........

[TimeToWatch]

Good for current owners, bad for prospective buyers.

It’s a sellers market in everything from houses to watches.

[T4ME]

Good read.

[Socomo]

Very interesting. Thanks.

[chloebear]

This line rang true for me:

That means even a temporary "high-demand trend" can quickly translate into more demand than supply. Luxury seekers end up focusing more on the fact that a product is hard to get versus what that actual product is inherently worth much of the time.

I went in to my local AD recently to look at the Air-King because I knew they'd have it in stock. To my surprise they had a Submariner with date, Z Blue Milgauss and a black GMT Master II. I pretty quickly grabbed the GMT because it's not normally available. In reality I was more interested in a smooth bezel option to compliment my Explorer II.

[chloebear]

Originally Posted by peterpl

I didn't mind the article either and I agree with him regarding paying over list of a
timepiece. Never would I do it.

On principal alone I wouldn't do it. Personally it just makes me feel as though I've been ripped and wouldn't add to the experience of purchasing a luxury item.

I agree completely with Ariel when he says I want a brand to "want" my business instead of me begging and overpaying for a "luxury" item. (not in those exact words)

I should add that I paid MSRP. I agree with the above about not paying above MSRP on principal. The cool thing about my local AD is they don't ever charge above MSRP, even on the red hot models.

[GarageBMW]

thanks for sharing, great read !

[ap1]

Originally Posted by MARTIN1264

It's Frustrating and Humiliating at the same time....I've said before, I love the Rolex brand but I really can't stand the new practices that they have implemented....The only reason I stay the course with Rolex is the retained value( money in the bank mostly).....But it takes the joy out of buying a watch. It's more of a Business transaction... and that's very sad.

Like

[T01]

Thanks for sharing!

[Chiboy]

The article was interesting, but I'm not sure it broke any new ground vs. what has been said on TRF for the last six months.

[Boaters]

Great read Ariel Adams puts out great watch articles.

[dcash0615]

Great read.

[Inq50]

Thank for the link. Great article

[Fleetlord]

This was an excellent article and it was the first I have seen to detail what is really happening.

Prior to last year, Rolex was just too available. Stores were stocked to the brim with almost everything (except Daytona -C). Even the "harder" watches BLNR and JC SDDS were just an order and a month away....

The grey market had pricing for new Sub Dates @ over 20% off! Unacceptable. The brand was in danger of losing its caché as it was being defined by SS sport watches that were ubiquitous and being sold at discount pricing. That is not good for a "luxury" brand and like it or not, that is what Rolex is.

So it was time for Rolex to clean things up and that is just what they have done.

By distributing less, they have increased SALES. Just because the case was full of watches didn't mean they were selling all of them. Now the FOMO is driving people to pull the trigger on watches they would be "meh" on if it was available all the time ( the Hulk comes to mind)....

The only thing I think Rolex really needs to do is to change it's merchandising displays to accommodate the lower distribution. As case full of empty slots looks bad from a retail perspective. If they had merchandisers with far less slots it would add even more to the exclusivity story.

I'm happy Rolex took this direction. This is why Rolex will never become Breitling or Hublot...etc Overproduced, overpriced and of diminishing value. Rolex will make the tough short term actions to endure the integrity of the brand. That is fine by me.

[kimnkk]

Haven't been a fan of ABlogtoWatch for a long time but this article will get me back to following them.

Great article that says it like it is without pandering to the brands. We need more of this, not just regurtitated marketing material.

[EDL7]

Basically..they are screwing you..the buyer that is..
But buyers put up with it..because buyers of this sort of thing respect power and money..even if it is themselves... that are getting screwed in the deal...much like politics..or bombs ..or nukes/energy in your town...or any other similar reality..
Solution..
Don't buy em anymore..don't invest..hahaha..like that's gonna happen..lol..