What’s the salary of a Rolex SA?

[GoingPlaces]

Good SA in a strong local market and good customer base can make up to 200K, smaller market might be pressed to break 100K. They get discounts, up to management, they're all different.

[ndls]

Here in Canada, they’re in the 50-70k range depending on sales. They’re often negotiating deals to get hot watches on the phone when you’re not around. There’s also a lot of quiet time. Probably boring.

For example. Want a Pepsi? Buy a Day Date or a 20k ring for the wife. Want a white Daytona? Buy the 70k Lange that’s been sitting for 3 years. It’s not the difficulty of the game - it’s what you’re willing to pay and help move in the store to get an SA a higher salary or more commissions.

They prefer you go jewelry, because I believe they’ll make more on commissions.

[GST15]

Originally Posted by AK797

Manager at my old AD told me he got one watch a year at cost, maybe now things are different.

Depending on the watch, that's a pretty good bonus

[Calatrava r]

And the whole store has to be set up and taken down each day. All the watches have to be taken out of the safe, displayed,some stores set all of them and then they all go carefully back in the safe each and every day. That is a lot of work and would get old to me very quickly.

[Yess]

My AD wears a Hulk.

Pretty sure he got one the next shipment he wanted it and at least with some form of staff discount.

There's at least 100 jobs that I could rattle off that are more interesting (to me!) than his.

[Xenon]

I love vinyl records but I would never open a store to buy and sell them in order to pay my bills.

The same goes for selling watches.

Lots of Tourneau salesman are simply kids living with their parents, wives of rich husbands, or retired people with pensions, so they do not rely on the job as a primary source of income.

A Salesman is only as good as his last sale.

[Rado63]

Originally Posted by TempoKing

When I was young, my first job was selling Rolex watches.
My salary after 3 months training was 50% above the minimum wage.
I think the same applies today for newcomers
When I left the business as a store manager to open my own watch store
I was making a little over 4 times the minimum wage
An AD then was making 50% from retail ...I think lower now
I could have bought a new watch every year with 25% off from the store
and 25% off from the Rolex wholesale office ...only bought one Rolex in 20 years
Most beautiful 6239 exotic (they call them Paul Newman now) white dial with
3 black registers - my manager picked it and forced me to buy because we could
not sell the darn thing...
Back then a Sport Rolex was more of a tool than a ...look at my wrist what I own

Today Rolex sport watches are 90% sold by the grey/black market - thanks to Rolex
Inability to manufacture, supply and distribute correctly and especially
their manipulation of the supply In order to eradicate the grey market..these policies
Have become a boomerang and everyone is laughing at the Rolex management.
Now they have created a Gigantic black market where everyone plays...
...both ADs and Greys

If Rolex has an inability to manufacture supply and distribute then somehow the result has been increased demand especially by celebs, influencers on social media, and athletes. Exclusivity has pushed up the prices of all pre owned Rolex. Rolex continues to close smaller AD's and now is controlling all the sale of service parts. I for one am not laughing at Rolex management. If they can earn higher revenue and produce fewer units then that's a healthy balance sheet. The issue for Rolex on the secondary market is the sale of PM watches at a discount. What if Rolex throttled back on the production of steel pieces? But all the celebs, social media influencers, and athletes keep getting spotted with steel Rolex pieces. My guess is regular consumers will pay retail for any piece they can get at the AD and expect even higher prices on the secondary market for steel pieces. Just sharing my thoughts.

[Flyfisher]

Work at McDonalds.

Same principle, but your day will go faster because you will be busier.

[Piguette]

Just the truth

[Chewbacca]

We’re running out of new thread ideas.

[AlexFrank]

I dont know the salary but from what Ive heard they do get a discount.
great for them

[JR16]

Originally Posted by Chewbacca

We’re running out of new thread ideas.

Hahahahaha hahah thanks for making me laugh on a Friday evening after a long week !


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[WatchGuy1966]

I think some associates get x allocations per lifetime of a privilege to but a Rolex at a slight discount, assuming that model is available. I think they might be able to but 1 every five years, if my memory serves me correctly and if the SA was telling the truth. I have no reason to doubt him, other than he was a Rolex SA.

[ToyotaMoe]

So reading a lot of your comments it seems a majority have no idea how retail sales work. When saying they make a little over minimum wage is insulting. These are commission based jobs. These people are NOT your friends. You are a steak dinner to them. So an AD is a privately owned business. So a majority of them are family owned. Do you really think this business is going to pay someone selling thousands of dollars worth of watches/jewelry to someone making as much as a person bagging groceries?

I would like this thread to end please. Who cares how much these hard working people make . They are employed and providing for their families. That’s all that matters.

[M.a.x.]

I think if you were semi retired, didn’t need the income and enjoyed watches and people it would be a interesting job.

[djyolky]

Originally Posted by ToyotaMoe

So reading a lot of your comments it seems a majority have no idea how retail sales work. When saying they make a little over minimum wage is insulting. These are commission based jobs. These people are NOT your friends. You are a steak dinner to them. So an AD is a privately owned business. So a majority of them are family owned. Do you really think this business is going to pay someone selling thousands of dollars worth of watches/jewelry to someone making as much as a person bagging groceries?



I would like this thread to end please. Who cares how much these hard working people make . They are employed and providing for their families. That’s all that matters.

Requesting a thread closure for a topic like this? Let me break out a violin.

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[AJMarcus]

Originally Posted by TempoKing

When I was young, my first job was selling Rolex watches.
My salary after 3 months training was 50% above the minimum wage.
I think the same applies today for newcomers
When I left the business as a store manager to open my own watch store
I was making a little over 4 times the minimum wage
An AD then was making 50% from retail ...I think lower now
I could have bought a new watch every year with 25% off from the store
and 25% off from the Rolex wholesale office ...only bought one Rolex in 20 years
Most beautiful 6239 exotic (they call them Paul Newman now) white dial with
3 black registers - my manager picked it and forced me to buy because we could
not sell the darn thing...
Back then a Sport Rolex was more of a tool than a ...look at my wrist what I own

Today Rolex sport watches are 90% sold by the grey/black market - thanks to Rolex
Inability to manufacture, supply and distribute correctly and especially
their manipulation of the supply In order to eradicate the grey market..these policies
Have become a boomerang and everyone is laughing at the Rolex management.
Now they have created a Gigantic black market where everyone plays...
...both ADs and Greys

Great post. Those were the days

[Andad]

Originally Posted by Chewbacca

We’re running out of new thread ideas.

Every one but you Chewy.

Every one but you.

[Roy7]

What's insulting about inquiring? I don't think anyone is demeaning the sales staff at an AD.

I also don't feel like a meal ticket to them - I may be naive but we're always talking about health issues, work, and general updates. Likewise I don't look at my patients as meal tickets either.

My dad retired maybe a few years back, and this thread got me thinking - he's got a reasonable watch collection, is personable, and knows a ton - it'd be a great 'fun' gig if there's money to be made.


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[Andad]

In all areas of sales and given the same products to sell there are some who are keen and very successful and those who are not.

There lies the variation in income.

There is no fixed $$ figure when salary and commissions are available.

[koelek]

The most boring job is to be a sale consultant, even if for an expensive watches manufacturer. You will stay the whole day on your legs, meeting rich customers who will come and piss you of with millions of questions. There will be moments when you will fell asleep on your legs due to boring atmosphere in the store. I worked for Patek Philippe for about one year and I couldn’t wait that moment when I will finally quit. The salary was great, but the working process was so boring and tiring. There were days in a row when we had no customers or online requests. Now I’m doing different online jobs from themoneymix.com, which are more informative and educational. I don’t want even to remember about the job as a sales consultant.

[MrMercedes]

Originally Posted by Old Expat Beast

Standing behind a counter all day saying "sorry, we don't have any in stock" isn't my idea of fun

Made my day!!

[japenney]

Originally Posted by 77T

The moment I heard a sales candidate ask about the salary (and not the top level of commission structure), I sensed low confidence.

But I get the OP’s question on Rolex AD salaries. My nearby AD uses SA quarterly team bonuses rather than individual comp plans. The metrics encourage sales revenue balances with GPM.

This rolls up to the managers with an additional goal incenting net profit margin.

Is that adequate to fund a decent lifestyle? Who knows? But...
Nobody in the store is driving 10 year old decrepit hoopties...


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I drive 10 year old decrepit hoopties . That way I can buy more watches

[CKizzy]

Originally Posted by ToyotaMoe

So reading a lot of your comments it seems a majority have no idea how retail sales work. When saying they make a little over minimum wage is insulting. These are commission based jobs. These people are NOT your friends. You are a steak dinner to them. So an AD is a privately owned business. So a majority of them are family owned. Do you really think this business is going to pay someone selling thousands of dollars worth of watches/jewelry to someone making as much as a person bagging groceries?

I would like this thread to end please. Who cares how much these hard working people make . They are employed and providing for their families. That’s all that matters.

Lighten up Francis!

[214270Explorer]

Originally Posted by japenney

I drive 10 year old decrepit hoopties . That way I can buy more watches

Mine is a 2002. Ten years old would be a "newbie" to me.

I totally agree with you japenney.

For me, buying watches is WAaaaay more fun than buying vehicles.

[Mystro]

My local AD owner is a moron. I don’t say this as not knowing all about them. Very slimy used car salesman kind of personality that has burnt many bridges in the business community for a host of reasons.
I am involved in the business community and know how he operates. He doesn’t make that much money and pays his employees a tick above fast food wages. The sales associate position is a revolving door and you can find them working another part time job besides selling Rolex watches. In no way would these employees afford a Rolex watch even at a store discount. It’s bare bones retail sales wages. Perhaps larger AD’s may pay a decent living wage but I have not seen any evidence of these jobs being anything but entry level. This is also why the forum golden rule was established as...”Never hand your Rolex watch over to a sales associate”. Unbelievably bad things can/have happened including to one of my watches for a simple “free cleaning”.

[RolexRog]

Originally Posted by TempoKing

When I was young, my first job was selling Rolex watches.
My salary after 3 months training was 50% above the minimum wage.
I think the same applies today for newcomers
When I left the business as a store manager to open my own watch store
I was making a little over 4 times the minimum wage
An AD then was making 50% from retail ...I think lower now
I could have bought a new watch every year with 25% off from the store
and 25% off from the Rolex wholesale office ...only bought one Rolex in 20 years
Most beautiful 6239 exotic (they call them Paul Newman now) white dial with
3 black registers - my manager picked it and forced me to buy because we could
not sell the darn thing...
Back then a Sport Rolex was more of a tool than a ...look at my wrist what I own

Today Rolex sport watches are 90% sold by the grey/black market - thanks to Rolex
Inability to manufacture, supply and distribute correctly and especially
their manipulation of the supply In order to eradicate the grey market..these policies
Have become a boomerang and everyone is laughing at the Rolex management.
Now they have created a Gigantic black market where everyone plays...
...both ADs and Greys

What if Rolex themselves got into the aftermarket watch game? That would make a lot of other aftermarket dealers nervous.

[GeorgeWilson]

Where to get this kind of a job? Are those posted on like normal job search websites like jooble or indeed or it's a bit more complicated than that? Actually, I've never even thought about how fun such a job might be. Sadly, I am not that into watches to get such a job but still, I am pretty curious.

[Nikrnic]

You'll have to know or learn the jewelry business too. That's what most customers will be coming in for. Maybe after a year you'll be able to buy a Rolex although most likely a DJ or an SS that's considered low on the totem pole with a small discount if at all being 2021 and most likely 22 will see the least amount of new Rolex available for anyone.

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[vh2k]

Originally Posted by GeorgeWilson

Where to get this kind of a job? Are those posted on like normal job search websites like jooble or indeed or it's a bit more complicated than that? Actually, I've never even thought about how fun such a job might be. Sadly, I am not that into watches to get such a job but still, I am pretty curious.

Here you go...

https://wkruk.pl/contact

Call and ask if they are hiring.