ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
20 March 2020, 01:13 PM | #31 | |
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20 March 2020, 01:35 PM | #32 | |
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I personally think it's appalling that AD's are selling their stock to people who they know full well are then selling on almost immediately. You can't convince me that all these high value customers are just buying endless numbers of watches over and over and over. If a client is spending between$100k and $200k per year on Rolexes you can bet your bottom dollar he/she is also selling between $100k and $200k too. Sent from my SM-G960F using Tapatalk |
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20 March 2020, 01:41 PM | #33 |
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Seems to be about standard now. I was at an AD in SC and asked if they had a waiting list for a particular watch and was told that they did and I could be put on it if I purchased $300 worth of merchandise....and that's just to be put on the list! Ridiculous.
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20 March 2020, 01:44 PM | #34 | |
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One of the the A.D.'s I visited a while back told me they hadn't seen SS sports models in years in their shop, as I observe a nearly entirely empty Rolex inventory in their display. I reply back, maybe b/c management is bundling up the SS models with slower selling models and selling them off to GM? LoL. His tune changes to, "well we do get them but we basically sell them to clients who've spent $500K". To which I reply, "that's amazing! DeBeers has been announcing quarterly downward slides but somehow you guys are not only managing to out sell your competition but keeping the customer who can afford $500K of jewelry patient enough to wait for your SS inventory to populate". I hate lumping Rolex w/ slimy A.D.'s but Rolex needs to get a handle on this before they "sega dreamcast" themselves... (i.e., hype around the product faded due to lack of availability and the actual availability of other equally as good, if not better products) |
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20 March 2020, 02:30 PM | #35 | |
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20 March 2020, 03:43 PM | #36 |
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What you really mean is that you are annoyed with your EX AD.
Yeh. AD's such as that can eat their stock IMHO. And he likely then figured his "good customer" is never to return . . .
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20 March 2020, 04:07 PM | #37 | |
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The watch is I'm demand, bundle deals are 100% allowed. But yeah when the AD would give a discount (which is not allowed according to Rolex) you wouldn't report them of course... "ADs will be begging", no they won't, you lot will still be walking out because you couldn't get what you want and then cry about it on an online forum, pathetic. |
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20 March 2020, 04:22 PM | #38 | |
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20 March 2020, 04:26 PM | #39 |
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I don’t understand why Rolex doesn’t increase the supply of the sports watches and decrease the supply of the Datejust.
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20 March 2020, 04:32 PM | #40 |
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just wait 1-2 months. table is turning
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20 March 2020, 04:32 PM | #41 |
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Walk back in two months from now and tell them you will buy it at 20% off. People are out of their minds. Existing customer, has already bought 2 watches, and they want to bundle?! Lol.
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20 March 2020, 04:37 PM | #42 |
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A few months ago I was in another city attending some meetings. Once I was done I decided to visit a local AD. This was my first visit to this particular AD. I was (and still am) looking for a SS white face Daytona. As I entered the boutique, I fully expected to be laughed at when I disclosed what I was looking for. Surprisingly, the salesman was very polite and took the time to have a conversation with me.
He informed me that to ensure that I was not a reseller and to get approval to put me on the wait list, he'd need some information from me such as: (1) watches I currently own, (2) cars I currently own, (3) annual income, (4) business profile, etc. Seeing how this was far more than any other AD had chosen to do for me in the past, I obliged and shared the information with him. To be honest, I didn't expect anything to come out of this. After a couple of months, to my surprise, the salesman gave me a call saying he had a Daytona incoming and it could be mine if I was still interested. But there was a caveat. I would have to purchase a watch that had a value of $8000-$12000. And this watch would have to be from one of the following brands: Zenith, Parmigiani, Corum, Meistersinger, Nomos, Carl F Bucherer, Movado, Frederique Constant, Maurice Lacroix, Ebel, Raymond Weil, Favre Leuba, Baume & Mercier, Oris, Graham, Gerard Perregaux. I had to politely decline. |
20 March 2020, 04:41 PM | #43 | |
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20 March 2020, 04:47 PM | #44 | |
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20 March 2020, 05:04 PM | #45 |
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I am surprised by your comment Bas.
Having read both sides of this scenario and having experienced the same with Rolex AD’s (to a degree) I would ask if Rolex expect their AD’s to have a more ethical and professional relationship with their clients? Especially those who have purchased from them in the past? Having said that I suppose they are not really expensive baubles.
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20 March 2020, 05:13 PM | #46 | |
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Wow the crap these AD’s try to pull. Lol. Crazy Sent from my iPhone using Tapatalk |
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20 March 2020, 05:17 PM | #47 | |
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What pisses me off is the complaining about it like there is some serious wrongdoing. I get that he is bummed because he couldn't get the watch without buying something else, but do we really need another thread on this and get all the pitchforks out " ADs will be begging, report to Rolex!!!, Etc, etc" come on... |
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20 March 2020, 05:28 PM | #48 |
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Bas,
AD’s make a reasonable $ profit on Rolex watch sales. Sorry, to me bundling is wrong. These AD’s should be shown up for what they are and expect the repercussions if any. If I did this in my engineering business I would be out of business by now.
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20 March 2020, 05:36 PM | #49 | |
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ADs can do what they want, it’s their business. I suspect that rolex could not care less about an AD doing what you describe. Rolex are selling all they can produce, that’s what they care about. The fact that there are people all over the world waiting to buy their watches, and often willing to pay a premium to do so, is all Rolex probably care about. These replies of “Report them” just get boring. Report them for what ? As Bas has said, do the same people report the AD if they are offered a discount, because apparently that’s against Rolex’s rules as well? If I don’t like how I am being dealt with by an AD I have the option of walking out and not going back. They make their decisions and I can make mine. With shops starting to close down in the UK because of virus concerns it will be interesting to see what happens to the sale of goods such as luxury watches, but I will be quite surprised if there are display cases full of unsold Rolexes in the foreseeable future. |
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20 March 2020, 05:41 PM | #50 |
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110% agree.
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20 March 2020, 05:44 PM | #51 | |
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This story should not put you off the brand but rather that AD. Disgusting attitude that is being almost the rule for many ADs as I read here and there.
They used to do it with hot SS models but now he's clearly taking advantage of you even with a TT model. I would never ever enter that AD door again in my life. Find anther AD or a Rolex boutique to deal with, today they are all begging clients to buy during these crazy times. I would immediately report this AD to Rolex HQ. Quote:
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20 March 2020, 05:55 PM | #52 | |
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20 March 2020, 06:02 PM | #53 |
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They did you a favor.
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20 March 2020, 06:13 PM | #54 | |
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I was accused of wishing for people to suffer, which is certainly not the case. These bundling practices are distasteful. If an AD was so concerned about their staff, the “perfectly decent relatively-low-paid people” as described by someone else in that thread, who are forced by their AD bosses to impose these bundling requirements, then the AD should probably engage in better business practices that will engender goodwill among customers who would support the ADs when times are tough. |
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20 March 2020, 06:22 PM | #55 | |
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I’ve heard it said that Rolex knows exactly what it is doing with pricing, the market, greys, etc. How can that be if DJs regularly have to be unloaded to greys and SS sport watches command such premiums? Trying to determine who will be a flipper, withholding warranty cards, etc, are inefficient and ultimately ineffective methods of controlling the market. |
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20 March 2020, 06:31 PM | #56 | |
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20 March 2020, 06:53 PM | #57 | |
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He is not Sent from my iPhone using Tapatalk
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20 March 2020, 06:59 PM | #58 |
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Look for the amass of hot SS incoming without any wait or purchase history and you'll realize that the situation is not as it used to be and that's even before coronavirus.
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20 March 2020, 07:00 PM | #59 |
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Should have countered with “I’m fine with that. Provided we do 25% discount considering these troubling times”
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20 March 2020, 07:01 PM | #60 | |
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