ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
28 December 2019, 02:47 PM | #1 |
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Ben Bridge in Scottsdale Arizona selling dreams, no watches!
Was wandering the Fashion Square mall in Scottsdale while the ladies were shopping and stopped into Ben Bridge to see what they had.
And it was practically nothing. They had 4 mens watches. A 36mm DD in YG with a white dial; a YG GMT root beer; a TT YM II; and a SS Airking. They had about a dozen women’s models and that was it. I asked the sales clerk how the season was going and she said its been hard because they have had very little inventory. It’s the prime selling season and their cupboards are bare! Look at the displays, empty.
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DOXA-AFICIONADO "It has been my experience that folks who have no vices have very few virtues. " Abraham Lincoln 1809-1865 |
28 December 2019, 02:50 PM | #2 |
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That's worse than pitiful.
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28 December 2019, 02:53 PM | #3 |
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My AD puts flowers in their wall displays, looks better than an empty case. But that section of their store looks more like a flower shop.
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28 December 2019, 02:58 PM | #4 |
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isn't this the case everywhere?
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28 December 2019, 03:02 PM | #5 |
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Wow. I've seen bad. But that's really bad.
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28 December 2019, 03:03 PM | #6 |
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Yeh it’s sad. I do feel bad for the salespeople who are on commission or have various sales quotas. Can’t sell what you don’t have in stock.
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28 December 2019, 03:05 PM | #7 | |
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Quote:
Two sales people told me that it’s never been better because they make their sales before it even hits the cases. They just come to work and shoot the shit. Sent from my iPhone using Tapatalk |
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28 December 2019, 03:11 PM | #8 |
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That was my first thought. The sales lady looked downright glum. No idea if they are on commission but I suspect they are and Rolex is the most expensive i.e profitable line they have. Can’t sell out of an empty basket!
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DOXA-AFICIONADO "It has been my experience that folks who have no vices have very few virtues. " Abraham Lincoln 1809-1865 |
28 December 2019, 03:12 PM | #9 |
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That's kinda what I figured. Then again, every watch someone wants to buy but can't because it's not available and can't be ordered is lost sales commission.
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28 December 2019, 03:13 PM | #10 |
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Yeah, maybe if its’s a small AD and they don’t have more than a couple sales people. Even so, if they are getting so few pieces, no one is making much just based on the volume.
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DOXA-AFICIONADO "It has been my experience that folks who have no vices have very few virtues. " Abraham Lincoln 1809-1865 |
28 December 2019, 03:13 PM | #11 |
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And yet doesn't Rolex require the AD to have certain displays, and a prescribed square footage devoted to the brand? My AD says Rolex needs to sign off if the AD wants to carry another brand of watch.
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28 December 2019, 03:16 PM | #12 | |
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Good point. I just walked through Nakano Broadway in Tokyo and it’s sickening how many unworn Rolex watches are in there. Each shop had 4-5 BLROs. Without really counting. Sent from my iPhone using Tapatalk |
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28 December 2019, 03:18 PM | #13 |
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Wonder if BB is having financial troubles ......... A lot of the purchases are being made on line. I just bought a brand new 116613 from David SW today as a replacement for the one that was stolen over Christmas.
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28 December 2019, 03:20 PM | #14 | |
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I don’t disagree with what you’re saying but I don’t think anyone is getting less shipments, I think they are all sold as it comes in. One was a Ben Bridge and the other was a Barron and Leeds that is now owned by Tourneau I think. It seems like the Tourneau sales people get to sell in rotation. There was that recent post about someone getting a BLRO with no sales history, and I work with that SA so I know it’s true. The Ben Bridge system is tough if you don’t have heavy hitters in your Rolodex. Sent from my iPhone using Tapatalk |
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28 December 2019, 03:26 PM | #15 |
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Well, they at least had Rootbeer and AirKing. You rarely see them displayed nowadays. And so, it's not bad at all.
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28 December 2019, 04:12 PM | #16 | |
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“The display of actual intelligence terrifies much of mankind” Rolex "some" Tudor "some" Damasko "some" Misc Pieces "some" Marathon "some" GS Spring Drive "some" Hamilton "some" Findeisen "some" |
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28 December 2019, 04:36 PM | #17 |
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I am ascribing more to 42itus’s theory — the allocation to that BB had to have been sold somewhere, so the money is coming in to support the shop.
I was at an AD in a major shopping area in Seoul (boutique style, but independently owned) just the other day — they had 3 watches for sale. A platinum DD and two diamond DDs — no ladies’s models for sale. They had a few more “display only” watches, though even the “display only” models in the East Asia stores have gone down in scarcity. In May when they first started it, you’d see all big Basel 18/19 releases (BLRO, BLNR) and other hot references — SubLV, Daytona, SD43. Now, you are lucky to see an EXPI, AK, Sub, TT Sub as “display only.” But hey — the “market is softening!” As the YouTube prognosticators proclaim! |
28 December 2019, 05:12 PM | #18 | |
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...which brings up another point- salespeople are losing commissions due to product unavailability right now, but demand is at least partially artificial (evidenced by the fact that people even on TRF have admitted to buying watches perceived to be rare just because they were available). If every model were available either immediately or within a reasonably short period, demand would fall, so those lost commissions are at least partially artificial as well. |
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28 December 2019, 05:20 PM | #19 |
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If you are in Scottsdale or Phoenix area. I would recommend going to Hyde Park Jewelry at Biltmore on Camelback Rd. I got Hulk, Daytona, Submariner TT , Black Daytona from them this year.
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28 December 2019, 05:24 PM | #20 |
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I'm not convinced this is the full story. All it tells me is that they've sold every watch they have bar a few. The sales assistant comments could easily infer that had they had more stock they would have sold more. I think we have already established that the average AD gets 40 watches per month. That's a significant amount of money to turnover annually. If these businesses were really struggling as they would have you believe they would be going under. I don't see any Rolex AD's in that situation despite the empty cabinets.
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28 December 2019, 05:34 PM | #21 |
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I was there on Thursday, those Rolex cases have looked that way for over a year....if you would have turned around and looked in the Tudor case you would have seen a GMT...
The Omega Boutique guys were out in the mall trying to flag down customers. That place is consistently empty...never see anyone in there. |
28 December 2019, 07:05 PM | #22 |
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Rolex's decision to do this is amazing. Bring back 2015 when you could find a Batman or a Hulk on display. They need to turn this volume up again and flood the market; then we will suddenly be comparing discounts with each other.
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28 December 2019, 07:08 PM | #23 |
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The good stuff is in the back.
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28 December 2019, 08:42 PM | #24 |
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This is stupid beyond any point by Rolex to play this rarity thing that much. They're going the same way Harley-Davidson did, and they're gonna end up the same with and old customer base and nobody in the younger generations. Do they really think millenials are going to wait for a watch they don't even know how to read? I don't know who's the man in charge at Rolex, but he should be fired, because for a few minutes if glory he's killing the future of the brand. What does he hope? That a millenial will not want to see or try a watch before buying? That they will accept to "work up a relationship" before purchasing what they want? Even I don't care that much about Rolex and I can't help but laugh at ADs trying to pair purchases... Youngsters will not even enter the stores, let alone go through the hassle of trying to get anything.
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28 December 2019, 09:00 PM | #25 |
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I visited 2 AD’s in Westchester, NY over the last few days, the cases are empty. One of the AD’s spent a lot of money redesigning the space as a Rolex boutique, I figure they must be getting some hard to get models, never reach the display case, and go to their important customers. When I inquired about some of the SS Professional models, the sales manager referred me to the owner of the store who controls that allocation. Good luck to me, ha ha.
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28 December 2019, 09:01 PM | #26 | |
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Lot's of entitled feeling Millennials have no money and when they do they behave like anybody else.
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Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
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28 December 2019, 09:04 PM | #27 | |
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28 December 2019, 10:10 PM | #28 | |
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So, the next time you hear this nonsense, ask them two questions: The first question - ‘how many watches are you receiving from Rolex compared to last year?’. The second question - ‘how much ancillary sales (due to people bundling or buying jewelry to building relationships) are you experiencing?. But, they’re not allowed to answer, and won’t answer, those questions. Instead, they try to make you believe they’re having a bad sales year. |
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28 December 2019, 10:31 PM | #29 |
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No issues with inventory. They have the watches but not on display. If you were a VIP customer and had spent significant money with them they would take you into a private room and you would see all of the models at msrp. It is just business and currently the AD's hold the cards and the watches. It will change, as all things do, and we will see more watches and at some point the prices will begin to ease up on the most desirable models.
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28 December 2019, 11:37 PM | #30 |
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Surprising to hear they have an Air King available.
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