ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
20 May 2023, 10:58 PM | #121 | |
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A local AD in my area solved the allocation problem by selling at current market value so everyone has an equal opportunity to get one of the hard to get pieces but they have to pay current market value. It doesn't matter who you are as long as you have the bucks, you will get the watch! |
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20 May 2023, 11:11 PM | #122 |
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21 May 2023, 12:27 AM | #123 | |
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21 May 2023, 12:43 AM | #124 | |
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You stated in the OP that Rolex isn't the 'best' watch, I'm not sure forum members say it is, nor is it the most expensive. To me, unlike a lot of disposable junk sold today, Rolex sells watches that are beautiful, accurate, durable, hold their value well, and can be passed down to the next generation. |
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21 May 2023, 03:14 AM | #125 | |
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Edit: technically speaking, I don’t make that much money. Sometimes actually, no money at all. |
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21 May 2023, 04:06 AM | #126 | |
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Rolex ADs are different and a particularly disgusting bunch unfortunately, in my experience. They won’t even entertain putting me on the list for an Oyster Perpetual or Datejust. This has been the case across multiple ADs in multiple states. (Wasn’t the case a decade ago, I remember, but that makes the present behavior that much more disgusting.) |
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21 May 2023, 05:13 AM | #127 | ||
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Worked at an AD in Cincinnati
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My local AD Devon’s, won’t even give me the time of day. And I have a hulk, BLNR, and 116610ln Not that I’m a HUGE fish, but I’m not a chump. I would buy a Daytona or BLRO “given the chance” Sent from my iPhone using Tapatalk |
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21 May 2023, 05:27 AM | #128 | |
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Not quite the same. The supply of Rolex watches for an AD is fairly fixed. No matter how much demand, the supply doesn’t increase. They can just sell to their best customers and not lose money. For the tailor, the supply of suits isn’t as fixed, or at the very least isn’t perceived as fixed to the same degree. When there’s more demand then, to a certain extent, they can produce more suits. By serving everyone well, they can increase their income and profit. Even if demand increases and the tailor can’t increase supply (maxed out on the number of suits they can produce, even if hiring more assistants), they can increase the price. For the Rolex AD, they can’t really increase the price. If anything, demand higher than supply is a pain in the neck for them rather than an opportunity to increase profit. Sent from my iPad using Tapatalk |
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21 May 2023, 05:38 AM | #129 | |
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Savile Row tailor shops probably have tailors hoping to be called back to work, due to plummeting formalwear demand and increased quality of off-shore competition. For the consumer, there is no scarcity. There is abundance. Allocation is not necessary. At MSRP, supply for Rolex is greater than demand. There is scarcity. The watches WILL be allocated. - By lines - By pricing (AD's aren't permitted) - By future customer value - By transaction value (bundle) - By past customer value - By whim Everyone who walks into the tailor shop will get a suit. Not everyone who walks into an AD gets a Rolex. With those facts in mind, AD's are free to pick an allocation method. - Customers who have spent a lot or are high status don't like lines - Customers who have spent little or nothing don't like allocation by customer value - The lucky and the unique like allocation by whim, the indistinguishable and unlucky don't. At these prices, demand is greater than supply. There is scarcity. Someone will be unhappy. We all think the AD should use the allocation method that favors us, that one seems most "fair" or "makes the most sense", etc. |
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21 May 2023, 05:39 AM | #130 |
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There is no game, it’s just the way it is …
“A” List customers, those that come into the store regularly, and buy diamond earrings, diamond bracelets, etc., get first offer of any Rolex that comes in … and if you’re in the “100 Club”, and ask for a certain watch, you’re going to get it. Then it trickles down from there … to the “75 Club”, then to the peons in the “50 Club” … etc., etc. I’m not for it, and I’m not in any of those classifications … but as a business, I get it … Why would you not treat your best customers with preferential treatment ?? Giving them what they want keeps them coming back, to buy more bracelets … which keeps the lights on. |
21 May 2023, 05:41 AM | #131 | |
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21 May 2023, 07:42 AM | #132 |
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21 May 2023, 09:42 AM | #133 |
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I love the analogy to Savile Row.
Your understanding couldn't be any more wrong: Bespoke tailoring is as in demand as it's ever been. Whether the houses or the freelance tailors there is no shortage of work. Some have their books closed entirely. Others have waiting lists *cough* A cutter who measures, cuts the suit, and does fittings can realistically crank out about 150 suits a year. The "finishers" who actually tailor the garments for good take about 30-40 hours of labor for a three piece. Some tailoring styles are far more. The scalability of anything handmade is ultimately constrained by the number of hands involved. There's just no cheating this fact. Bespoke tailoring is where economies of scale goes to die. |
21 May 2023, 09:44 AM | #134 |
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thanks for posting. Dont mind the post needlessly critisizing your views.
Its good to know that some in the industry feel the same way as a lot of customers. |
21 May 2023, 10:07 AM | #135 |
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21 May 2023, 10:09 AM | #136 |
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So many doubt this guy yet we’ve had similar complaints… especially when it came to incompetent watch tech hence why we’re so adamant about shipping only to RSC
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21 May 2023, 05:19 PM | #137 |
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They offer you a watch if they like you, period. I have two AD’s and bought before hype and beginning of hype, then now that they are not easy to get. They know you really like watches and not a flipper. They know.
So OP’s insights are old news that don’t really bring much true insight. Going “nowhere”….
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21 May 2023, 06:39 PM | #138 | |
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21 May 2023, 06:46 PM | #139 |
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Having a bit of success in my purchases and typically following the same “milestone celebration” visits (that generally lead to purchases within a few months), I can attest that the SA can only advocate for you for so much. End of the day, it depends on the store owner/Director that decides where that allocation goes. It can be instant, it could be a month, it could be towards the date of your milestone celebration, and strangely, it could be years. I would imagine for those waiting for years, they are consistently being outstoried by customers and outadvocated by the SAs. But given the demand of say a panda or Pepsi, there is always a request for it, so if you’re not getting it in a few months, safe to say… move on and find another AD and SA that will fight for you. Unless you essentially resubmit your name for consideration on a monthly basis, which explains why the monthly checkins are useful and necessary.
As for me personally, I know what I’m getting into and I know the game that’s being played. And I go out of the way to make sure I’m an all star caliber player when the scouts are watching me come in. It obviously varies based on the metro you’re in but you obviously have to make yourself stand out. It’s like a job application really. I actually like the fact that I have a panda and no one else does. It makes me feel special. I’m sure if everyone were getting pandas left and right, I would feel less special. And that’s true, I’d get something with more demand, less supply, and more of a higher value. Not that I’m going to sell it, but because I got something that is special. Would any of you guys get it if it’s no longer special or hard to get? As many of you have said, it’s just a watch attached to a brand. Doesn’t make me a better person. However, judging by how some people respond on this forum to certain posts, it definitely indicates that this brand (and the chase for watches) does make some people reflect their not so best selves. Too little info? Flamed. Too much info? Flamed. Numbers are a bit off? Flamed. Selective outrage is unreal, and within a few days or hours, the post is forgotten and people move on to the next Molotov. OP, thank you for taking the time to speak about something that you believe in, and for spending the time to write about it. Hope you have a better job that you like and can support and identify with the brand. |
22 May 2023, 12:07 AM | #140 |
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I used to work at a Speedway gas station. The hot dogs are not organic.
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22 May 2023, 01:10 AM | #141 |
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Even if you're patient, is there any realistic chance an average Joe can EVER get allocated a Daytona panda at an AD? At my preferred AD shop, I've never even seen one outside of their exhibition pieces.
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22 May 2023, 01:25 AM | #142 |
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They get a few each year. Only the selected customers who got them know they ever came in.
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22 May 2023, 01:33 AM | #143 | |
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Please tell us about how your previous employer supplied watches to the grey market? You know, the watches that they never got? |
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22 May 2023, 01:44 AM | #144 | |
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No AD I have ever dealt with over the past 30+ years has ever done that except maybe one. They offered me a 116500 back around 2017 with a convoluted story and a “need” for it to be $5K over MSRP. Less than six months later they were no longer an AD, dropped by both Rolex and Omega. |
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22 May 2023, 01:56 AM | #145 | |
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They probably already knew they were losing their AD status so they were trying to get as much as possible from their remaining stock...
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22 May 2023, 02:55 AM | #146 |
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My question exactly. I'm interested in knowing how many users on this thread are owners and how many are waiting for the first call like myself. I can't even land an AK. In any even whether OP was a ticked employee wanting to vent or just someone fed up, I appreciate what they are saying. It's up to the reader to interpret. Just my thoughts
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22 May 2023, 03:42 AM | #147 |
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There’s some sour grapes. I’m sorry that you are so angry.
As for the sales tax, I’m sure that the buyer pays more tax in a single quarter than you or most other people will pay over their entire lives. I’m not losing sleep that the state didn’t also confiscate another $5000 oh his money to light the state house speaker’s cigar. TheAD has the absolute right to sell a watch to whichever customer that they believe will drive their own business, that they, not you, risk the capital to open. Sure, I’d rather the sweet woman got the watch, but they have to pay the bills, including your paycheck. I note that you didn’t report offering to waive your pay that week to direct the watch to her. Sorry for being snarky, but look at the other side. |
22 May 2023, 04:45 AM | #148 |
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Keep arguing with a one post chatbot folks!
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22 May 2023, 05:05 AM | #149 | |
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Lol. I wonder why most people think Rolex owners are douchebags… |
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22 May 2023, 09:32 AM | #150 | |
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