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ROLEXROLEXROLEXROLEXROLEXROLEX
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#31 |
"TRF" Member
Join Date: Oct 2015
Location: USA
Posts: 1,145
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The same reason you're upset is probably the same reason you love their watches.
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#32 |
Banned
Join Date: Jan 2011
Location: new york
Watch: AP Bumbel Bee
Posts: 47
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#33 | |
2024 Pledge Member
Join Date: Oct 2011
Real Name: Seth
Location: nj
Watch: Omega
Posts: 24,767
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Quote:
And I really do get it. I do. There are a lot of people that will be OK doing this. I am just not one of them. And it turns me off from the brand. Sadly. And fwiw, I love Omega. I have a story about Omega from today as well that I will post soon. I am an Omega guy through and through. Poor resale and all. Maybe I am sucker. But I am quite content with with my watches as they are.
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#34 |
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Join Date: Jan 2014
Real Name: Me & Papa
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Watch: ing TRF
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Thanks Seth aka Superdog for the rant.
![]() It's about time we hear someone speak up against the Rolex marketing gimmick with regards to the Daytona watch. I was on waiting list for the white dial late last year but was told it could take me anywhere from 3-5 years to get my piece. So I told the AD to forget about it and take me off the list. |
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#35 | |
2024 Pledge Member
Join Date: Oct 2011
Real Name: Seth
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Watch: Omega
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Quote:
Yes, I love and appreciate many of their watches. I am just not OK with representing the brand. I respect that most here do like the brand. I very much so do. Currently, it is just not for me. And that is coming from a guy that REALLY wants a DJ41 in steel. I love that watch. I am just not sure I am OK with wearing it.
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If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff) |
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#36 |
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Join Date: Oct 2014
Location: UK bad teeth etc
Watch: Rolex and Tudor
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A lot of companies that sell non-essential, high end/luxury goods seem to be doing this these days.
In my opinion it seems these companies are trying to convince their customers that they are being gracious in suppling the product - the customer should be the one feeling grateful for the service, as opposed to the company for the custom. Maybe this is sensible...we are currently in a time when many people can afford nice things and they may be trying to avoid "burning the candle at both ends" by sating the all these "new-money" customers all at once. |
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#37 | |
2024 Pledge Member
Join Date: Oct 2011
Real Name: Seth
Location: nj
Watch: Omega
Posts: 24,767
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Quote:
![]() Thanks for that! ![]()
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If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff) |
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#38 |
"TRF" Member
Join Date: Jul 2015
Real Name: Brian
Location: SE Mitten
Watch: ing with interest
Posts: 170
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Fair and thoughtful take. It should be noted that the Rolex boutique on Michigan Ave in Chicago (I gather this was the spot?) is owned by Tourneau, so the info from the sales associate shouldn't be taken as directly from the OEM. That being said, your point is a salient one!
Hope you enjoyed Chicago - lots of top notch watch boutiques in and around the mag mile! |
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#39 |
"TRF" Member
Join Date: Jan 2011
Real Name: gus
Location: East Coast
Watch: APK & sometimes Y
Posts: 26,179
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There are plenty available.
The market for the Daytona as it exists is as much to blame as Rolex...we are the market. I waited 1 week ![]()
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#40 |
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Join Date: Jun 2012
Real Name: Tony
Location: Chi-town
Watch: Starbucks, Panerai
Posts: 1,179
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I agree, Seth. It's ridiculous and Rolex doesn't need this gimmick to maintain their appearance as a status symbol. They think by limiting output makes people want the model even more. And maybe it does, but it's really frustrating. I want one. But I can't get one. I can afford it MSRP. I can't afford the dealer mark up prices. So I'm just out of luck.
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Starbucks, Speedmaster Professional, PAM 212 |
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#41 | |
Banned
Join Date: Sep 2016
Location: Chicago
Posts: 554
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Quote:
The snippets that follow come from Wikipedia:
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#42 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 37,142
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Every good watch brand has watches that are tough to come by. Rolex chooses to make it the Daytona. Don't blame Rolex, blame the ADs who are backdooring them to the grey market.
I didn't get a silver snoopy. (Nor did I want one) I couldnt find a 5711 blue in the next few months if I wanted one. I couldn't get a AP perpetual ceramic at retail if I wanted one this spring/summer Think of the Patek collectors who have spent nearly half a mill and don't have a 5131. You know the game Seth. We all do. |
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#43 | |
2024 Pledge Member
Join Date: Oct 2011
Real Name: Seth
Location: nj
Watch: Omega
Posts: 24,767
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Quote:
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If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff) |
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#44 |
"TRF" Member
Join Date: Aug 2007
Location: amk
Posts: 792
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What about patek philippe nautilus waiting list? A simple watch with 3 hands.
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#45 |
"TRF" Member
Join Date: Aug 2007
Location: amk
Posts: 792
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What about patek philippe nautilus waiting list a simple watch with 3 hands?
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#46 | |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 37,142
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Quote:
![]() ![]() For the record, I heard a similar line from the N Michigan ave boutique last August. I was fully expecting it but much like a free lotto ticket I couldn't help but play the game ![]() Also funny that when I was there I was blown away by the DD40 blue dial. Still haven't added one. Some day ![]() |
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#47 |
Banned
Join Date: Mar 2017
Location: Florida
Watch: YG GMT/blue Sky-D
Posts: 529
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I really don't understand this game. I understand when DeBeers limits supply to drive up prices, But would Rolex can set the prices as they wish, do they think not producing more watches when there is a market will increase the number of people who want the watch?
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#48 |
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Join Date: Jan 2015
Real Name: Joshua
Location: Atlanta
Watch: Pelagos
Posts: 7,933
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I get where you are coming from and I can understand your frustration. It doesn't really bother me but maybe that's because I'm not in the market for that particular piece. Could you explain why you feel so strongly about this? To the point that you don't even want to represent the brand by wearing one? I say this with all due respect but I feel like that is maybe a little over the top.
You have to consider that Rolex is one of the best brands in the world when it comes to branding and image. They know what they are doing. There is a reason that the Rolex brand is known by just about everyone on the planet. There is a reason that Rolex has that mystique surrounding it. They have carefully built the image they want. I think you have to respect the fact that they don't flood the market just to make a quick buck. I also appreciate the fact that it keeps the resale value high. I feel that if they pumped out as many units as they could sell, it would in some way cheapen the brand. Maybe I'm wrong... Maybe it would be better if they were more upfront about it? If they came out and said that production will be limited to X number of units per year. ![]() |
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#49 |
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Join Date: May 2014
Location: Not 2 far from u
Posts: 3,457
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Same as Patek with 5711s. Create overwhelming demand by limiting supply to a relatively large pool of interested buyers. As the pool of interested buyers shrinks for any number of reasons i.e. economy, demographics, consumer trends and preferences, etc. that marketing strategy expires. In the meantime, we are stuck with it like it or not with the option to spend our money elsewhere.
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#50 |
"TRF" Member
Join Date: Jun 2013
Location: TX
Watch: Daytona
Posts: 3,225
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#51 |
"TRF" Member
Join Date: Jun 2013
Real Name: Dave
Location: NYC
Posts: 7,181
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I hear ya Seth. I waited almost a year for one, and then when my number came up and I was about to hand over my credit card, they told me I had to engrave the back in order to leave with it. This disgusted me and made me lose my taste for the watch completely. No thanks Rolex, I'll get a new 60th Anniv Speedmaster instead.
I still love Rolex and happily wear them, and I get why they hype it like that, but it's just not a game I want to play. |
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#52 |
TRF Moderator & 2024 SUBMARINER Patron
Join Date: Jul 2013
Real Name: Adam
Location: Far East
Watch: SEIKO TUNA
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Seth, didn't you buy two or three stickered BNIB Rolexes a while back, to keep in the safe as investments for when they got really scarce? Did you sell them already?
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#53 |
"TRF" Member
Join Date: Apr 2016
Location: Minneapolis, MN
Posts: 610
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I neither respect nor hate this marketing decision. I just understand why they decided to go this route. Personally, I think it will backfire, but we'll see.
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#54 |
"TRF" Member
Join Date: May 2015
Location: Earth
Watch: 126619LB and more
Posts: 5,207
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I have no idea what Rolex's reason is for limiting supplies of certain models but feel in the long run they will alienate enough existing customers that it will hurt their sales. Who is going to wait 2,3,4 years to buy a watch ? I'm sure many will find a different one, perhaps another brand to spend their money on.
Sure, new buyers for the brand come along everyday but I'm of the opinion that sales of luxury timepieces may have hit their peak based on what I see younger generations choosing to spend their money on. |
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#55 |
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Join Date: Apr 2016
Real Name: Jason
Location: Aussie/Malaysia
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i agree 100% and sadly as i have stated in other posts "we" are responsible for doing this to ourselves...
If we were not prepared to pay over retail and stuck to our guns they wouldnt continue to hold us over a barrel. But because they hype and the select few that are prepared to pay waaaaay over a premium price it enables them to continue.. There is not a shortage of them if anything they are everywhere and i can find them without an issue...but... i rufuse to pay the utterly ludicrous price they are asking!!! I saw one on ebay australia for $30k aud.. what the!!!?????? If all of a sudden everyone decided that they didnt want to pay a premium and walked away i bet the prices would drop dramatically and the grey dealers wouldnt be getting so greedy nor would the AD be "blackmailing" you into purchasing 1-2 other watches before they will sell you one. Its all bad business in my book and i refuse to participate (as thats my choice) i honestly wouldnt be surprised if Rolex had an abundance of stock piled up in the warehouse in SA and were just sending out enough to keep the hype up...... after all they are one hell of a marketing machine. And to ad insult to injury its a standard production run model... its not even a limited edition so all this crap about people buying them and storing them away..... there will be thousands and thousands more made so its not exclusive and wont be for another 50+ years Wait till in a couple of years when they will prob release them with different colour dials then the good old "black and white" will prob loose more popularity ... Panda ceramic daytona would be the next " have to have" and the current ones will loose their shine i reckon(** note: im saying they will im speaking figuratively) this is just my 2 cents and at todays exchange rate in Malaysia isnyt worth much anyway so feel free to ignore my ramblings
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#56 |
"TRF" Member
Join Date: Jun 2014
Location: NYC
Posts: 1,761
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OP, I hear you. As much as I want one, I've pretty much given up, and I've sworn myself to refrain from making anymore pathetic calls begging my AD to do me the favor of accepting my $12,400. I suspect that some of those getting jerked around on the Daytona will find something else. FWIW, I've been eyeing the Omega Speedmaster '57 and JLC Reverso. I can get both for about the same price as the Daytona... without the hassle!
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#57 | |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 37,142
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Quote:
![]() Another comment I was thinking. I prefer hearing from the Rolex ADs we have a long list and aren't taking names to what Patek tells you. "Patek doesn't want to become the nautilus company so they limit production" ![]() |
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#58 |
"TRF" Member
Join Date: Jul 2010
Real Name: Vincent
Location: Louisiana
Watch: 16710 Coke
Posts: 448
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The short answer is they(Rolex) do it because they can do it. The answer is don't buy it
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#59 | |
"TRF" Member
Join Date: Jan 2015
Real Name: Joshua
Location: Atlanta
Watch: Pelagos
Posts: 7,933
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Quote:
I totally disagree with forcing people to engrave but isn't that decision made by the AD and not Rolex themselves? |
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#60 |
Banned
Join Date: Nov 2016
Location: Atlanta
Posts: 190
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Tldr. Tool watch. Brand cachet.
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