Businessweek: Rolex’s Swiss Watch Hegemony Threatened by ‘Trendier’ Omega

[WTB007]

Originally Posted by Danand

WHOA buddy!!!! Where does the racism suddenly come from? Are you saying rolex AD's use racial profiling in giving discounts? I have NEVER heard or read anything even remotely suggesting anything like that. I think that is a tangent that is NOT worth going down. Perhaps you are at the point where you should request a moderator close this thread? Sorry- no smiley here.

I am connecting the dots... going where the facts lead. Why do some people get a 30% discount from an AD, and other people get no discount? Is that fair?

If the AD books are opened and it is discovered that one group gets a better discount than another group, what other conclusion can be made?

Read what the this guy wrote:

Originally Posted by Rogue884

Some peolpe call it a game, but usually those are the folks that really can't afford to pay the asking price in the first place and are offended that the salesperson sniffed them out, and high-end sales people generally have a good nose for these folks.

A good nose for what? And who are "these folks"?

[esm]

Have you ever thought the ones get 30% or any other decent discount may have a better attitude/personality when dealing/buying luxury goods? Or maybe he/she has a better/longer relationship with the AD.....

What do you think?!?

[2005rivers]

This thread is a joke

[Danand]

Originally Posted by WTB007

I am connecting the dots... going where the facts lead. Why do some people get a 30% discount from an AD, and other people get no discount? Is that fair?

If the AD books are opened and it is discovered that one group gets a better discount than another group, what other conclusion can be made?

Read what the this guy wrote:



A good nose for what? And who are "these folks"?

I think you should take some logic lessons. You are NOT connecting the dots, you are making up some dangerous assertions, not using any facts at all.
Where do you see ANY evidence that the distribution of discounts have any racial bias whatsoever? It may be true that some ethnic/cultural groups are more inclined to haggle over prices, but that does not mean that rolex or any other company is saying, for example, that such and such a race deserves x% discount and this other race doesn't.
What you have done in saying this is giving some uninformed person out there a reason to run with your ridiculous assertion if they come across your statement on a google search. How will you respond if RUSA sues you for defamation? Be VERY careful what you write on public forums!
Seriously- ask that this thread be closed or even deleted!

[Yazo]

Originally Posted by esm

Have you ever thought the ones get 30% or any other decent discount may have a better attitude/personality when dealing/buying luxury goods? Or maybe he/she has a better/longer relationship with the AD.....

What do you think?!?

[sarcasm] nah man.... it's racism.... pure and simple [/sarcasm]

[Newportkrieger]

Originally Posted by WTB007

I am connecting the dots... going where the facts lead. Why do some people get a 30% discount from an AD, and other people get no discount? Is that fair?

If the AD books are opened and it is discovered that one group gets a better discount than another group, what other conclusion can be made?

Read what the this guy wrote:



A good nose for what? And who are "these folks"?

You just keep asking for and demanding things you have no right to by virtue of private property rights and free market trading practices.

What bestows on you a "RIGHT" to a discount? What bestows on you the power to invade someone's private business and open up their proprietary records?

Who has bestowed on you a "RIGHT" to buy a Rolex watch at a discount?

This is America, not a communist country where private property ownership is sacrificed by people like you on an alter of supposed "fairness"!

[Trent0341]

If you don't like the answer given it must be racism?

Yes, because Rolex doesn't want [insert race]'s money. That makes sense. I am convinced by that comment you are indeed a troll. Not that I'm a big poster anyway but this thread has seen the last of me. You know what they say about feeding the trolls...

[steven.veres]

Originally Posted by gazp

What gives you the right to demand the best price when you have not even given the AD any commitment to buy the watch ,the price tag will be on the watch !

Stopped reading there

[Steelfish]

Nice thread, I have learned a lot....economics, business, investing, etiquette, history, etc...I just realized I may have wasted some(not all) money on college education.

[Randy9999]

Originally Posted by WTB007

And who are "these folks"?

Omega lovers.

[Badandy]

Originally Posted by Joey_V

I understand that if you invest the money, you could end up ahead - but you are still quite narrow-minded.

Where is this hostility coming from? And if it's not hostility, then why are you being so uncivil?

Take the $8,000 and...
1. Buy 2 TAGs - and then in 10 years sell it. Oh no, we lost $6000 there.

The point I'm making is that I doubt Rolex holds its value much better than some other watch brands taking into account the massive discounts on other brands. For example, the new Aqua Terra with the Omega 8500 movement retails for $4800. I can get it for $3300. I'm really not going to lose a lot of money on this watch if I decide to flip it years from now. If I bought it at MSRP or close to MSRP, you're right, Rolex would hold its value better.

2. Invest in the stock market - oh no, we lost half there in the recession of 2008-2010.
3. Use the money to invest in buying a home (down payment) - oh no, now our home is worth 30% less than what our mortgage is!

I suppose you're right. Most successful investors buy watches to protect their money. Sarcasm aside, you'd be right if you're talking about the past three years. During most years your point would be moot. To address that, the example I mentioned was a fifteen year time horizon...Want to calculate what an investment in the S&P500 fifteen years ago would be now?

Please man.

Again, I don't see why you're being uncivil. Is it because I'm a new member who isn't part of "the club"? I made a pretty straightforward point. If you disagree with it, just say so, but the snide remarks don't represent your community here very well. I've read posts from people here who have acted nice towards the new members, even if they disagreed. So what's your deal?

[gbo83]

This is like coke vs pepsi

[Newportkrieger]

Originally Posted by gbo83

This is like coke vs pepsi

If you are talking GMT's I wil take Pepsi

[457689]

follow the money clip....

[Randy9999]

Unquestionable class...

[Danand]

Originally Posted by Randy9999

Unquestionable class...

Attachment 175518

Ironically some day this may be worth something, since all of them are probably land fill by now, and this is a perfect example of why the Swiss watch industry nearly died.

[sleddog]

Another thread down the toilet!

Some people might want to rethink their posting styles or their time will be short here!

Closed.