ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
22 May 2019, 11:55 PM | #61 |
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I’m not sure they’re selling as much as they did previously though , My AD told me that they sold 7 White gold Daytona Oysterflex last year , this year they’re only getting 3 .
If this is replicated on all models then how will they survive ? |
23 May 2019, 12:06 AM | #62 | |
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23 May 2019, 12:14 AM | #63 |
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Gimme a break......
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23 May 2019, 12:23 AM | #64 | |
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23 May 2019, 12:51 AM | #65 |
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My AD sells diamonds and custom made jewelry in gold and platinum. I suspect that's where they make the majority of their profit.
Also, as a "preferred customer" I worry that they may feel I have enough and sell to another person. Having bought a black 116500 from them I feel that they won't sell me a white one, wanting to foster a relationship with an additional person. It's a tough market for all right now. |
23 May 2019, 12:56 AM | #66 |
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No sympathy whatsoever for ADs. This is the business they're in. If they don't like the idea of someone offering $10-20K for a watch, then they should terminate their contract with Rolex and re-think the idea of being in the timepiece business.
Also, most Rolex ADs are absolutely STACKED with cash. No need to feel sorry. Remember, they obtain these pieces for roughly 60% off the Rolex MSRP and then are given additional incentives if they pay for the supply Rolex sends them within a 30-day period. Flipper or not, in my opinion it is NOT the ADs business whether you wear the watch for 30 years or throw it down the storm drain on the way out of their store. You purchased a good, it's your business what you do with it. |
23 May 2019, 01:00 AM | #67 |
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Most ADs can spot a customer walking in with the invisible - I'm here to make some money today - sign on their head, must be so tiresome when they are the 90%.
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23 May 2019, 01:06 AM | #68 | |
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Unfortunately, they don’t need your business right now. Their customer service can be terrible, they have enough of a customer base. Its unfortunate. Sent from my iPhone using Tapatalk |
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23 May 2019, 01:15 AM | #69 |
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Rolex and the ADs have brought that kind of behavior upon themselves. I went into a VC boutique looking for a new overseas, the guy behind the counter apologizes that they don't have the specific model I'm looking for in stock, it's a hot model (of course), shows me some alternatives and says I can leave a deposit and they will order me one, might take a few months, but not a problem. He even makes a point to say they don't play any games with lists and stock under the table, the want to sell watches so place an order and I will get a watch. At the Journe boutique they said they weren't taking deposits for the blues anymore cause they have a 5 year long list as it is and apologized that that was the case and even recommended I go preowned, then we hung out and I found my next watch. Walk into a Rolex AD and they laugh, no list, no idea when they are receiving what, no apologies. Rolex ADs aren't even trying anymore while they print money. You get what you give.
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23 May 2019, 01:21 AM | #70 |
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Nah he was a flipper. No sad feelings.
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23 May 2019, 02:22 AM | #71 |
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We all know that the customer is the enemy
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23 May 2019, 03:25 AM | #72 |
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An AD in Barcelona today told me they only sell to locals and I should get on a waitlist in the US. I took no offense and appreciated the candor.
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23 May 2019, 03:32 AM | #73 |
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I personally think this is exactly how it should be. Local selling doesn't prevent, but helps to mitigate flipping. This AD is doing their part and in a small way helps us all.
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23 May 2019, 03:41 AM | #74 | |
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This was pretty much how I got close to my AD. I had a bad experience with them at first but then another SA took care of us. I visit them whenever I am in the area to talk. On weekends, I see at least 3 different groups of people who would come in ask for stainless steel watches and then leave immediately when they didn’t like the answer to received. Sent from my iPhone using Tapatalk |
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23 May 2019, 03:53 AM | #75 |
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So if there are 20 DateJusts sitting in the case and an out-of-Towner wants to buy one of them, the AD must stick to “sorry those are for locals only”...you can’t have it both ways
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23 May 2019, 03:53 AM | #76 | |
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For me, it's a fine line. Once the transaction is complete, it's all on good faith. Did the AD do their homework, do they know their customer, are they local, etc. This holding the warranty card business is complete hogwash in my opinion. |
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23 May 2019, 03:57 AM | #77 |
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Yes, exactly. And by locals I would extend the definition to include those who have some sort of connection to the shop. Avoid the "hit and runs."
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23 May 2019, 04:07 AM | #78 |
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I think they were referring to the SS models only but I didn’t ask because I didn’t really care. They won’t sell me a SS so f**** em.
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23 May 2019, 04:36 AM | #79 | |
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Should they: - stick around for a chat or ask to try on other watches? - not even ask about SS watches in the first place?
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23 May 2019, 04:54 AM | #80 | |
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23 May 2019, 05:00 AM | #81 | |
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23 May 2019, 05:43 AM | #82 |
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How on earth could they know what the customer will do with their watch? If someone walks in and ask for a Datejust it's fine but if he asks for a Sub or a Daytona he is surely looking to resell it - what? I mean most of the people on these forums are after SS models and are not (at least nearly all) planning to sell it.
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23 May 2019, 05:51 AM | #83 | |
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I don’t think I would know what they should or shouldn’t do. Just sharing what I saw and what I did Sent from my iPhone using Tapatalk |
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23 May 2019, 06:05 AM | #84 |
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Ads are selling as many watches as always. Rolex supply has not dropped it’s the demand that’s out the roof. Yes ads could sell even more if Rolex made more but they are by no means hurting. If anything they are leveraging this to sell more PM pieces with bundles. The market favors Rolex, Ads, and Greys. Only people suffering are us common folks that want an SS. It’s a sellers world now not a buyers unless your very special.
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23 May 2019, 06:16 AM | #85 |
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I am not sure that SAs are happy to chat watches...at least, most of them. Some definitely do, but I find it perfectly OK to just come in and politely ask for a watch you are after, rather then taking their time chatting or checking other watches which you are not going to buy anyway.
If the SA is wearing an interesting watch and there are no other customers waiting for them I can make a compliment and strike a conversation depending on their reaction (as I would do with people I meet in other places), but it is perfectly fine not to do that, it doesn't make you appear rude or something. |
23 May 2019, 06:51 AM | #86 |
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If the goods were in stock, none of those people walking in would be walking in. The reason they're walking in is because of the demand. If demand was lower, supply would be higher and therefore there'd be no reason to buy a Rolex (for the average person).
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23 May 2019, 07:10 AM | #87 |
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People read all about these watches here and everywhere and want to buy them. Nothing wrong with that. Hard to buy something if you cannot even walk into the store, lest you offend the sales person by asking for the watches you lust for. Was not that long ago anybody could buy a Rolex from a Rolex dealer if they had the funds. Now its similar to getting a dinner reservation at a hot restaurant in a big city where you are a newbie, ie, a nobody who is not well connected.
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23 May 2019, 07:23 AM | #88 | |
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We talk Rolex, other brands, watches, Baselworld, politics, local matters and anything else which comes to mind. They make awfully good coffee. It doesn't do to rush it. And it never hurts to build a relationship, even if only by millimetres, and occasionally with money. They sell other things too. It all counts. |
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23 May 2019, 07:27 AM | #89 |
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When greys are posting pics like this.... |
23 May 2019, 07:36 AM | #90 |
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You mean to say that this person walked into a Rolex AD and asked to buy a Rolex watch? And then he left when they didn't have it?
Unbelievable ... the nerve of some people! Salespeople should definitely not have to put up with that kind of crap.
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