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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
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#1 |
"TRF" Member
Join Date: Jul 2020
Location: United States
Posts: 340
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Rolex Needs a New Business Model
Rolex needs to sell direct to consumer. That would completely eliminate the unfair lists the jewelers manipulate. Once the watch is purchased from Rolex its sent to an authorized jeweler that has all the fakes in the case to try on and they set the watch up once it arrives at the AD of your choice. This would eliminate all the AD grey market and waiting list shenanigans. I wouldn't hesitate to go on a Rolex corporate wait list because you know its going to be handled fairly and you wont get smoke blown up your A$$ as the ADs are doing now.
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#2 |
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Join Date: Feb 2019
Real Name: Mark
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Watch: DJ41 SubC SMP mast
Posts: 1,579
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Yeah new going to happen
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#3 |
2024 Pledge Member
Join Date: Oct 2019
Location: USA
Posts: 1,286
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Sound like a logistical nightmare for corporate. Not going to happen. Nothing wrong with what they are doing. We are in a free market.
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#4 | |
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Join Date: Jun 2020
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Quote:
Sounds like someone is bitter they can’t get what they want from an AD. Buck up and play the AD game, pay grey, or get out. Simple.
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#5 |
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Join Date: Jun 2020
Location: TRF
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lol and instead of competing with buyers in the local market, people would then be competing with buyers globally.
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#6 | |
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Join Date: Dec 2021
Location: NJ
Posts: 10
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Quote:
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#7 |
"TRF" Member
Join Date: Oct 2021
Real Name: It's not Tim
Location: EST
Watch: 126610LN
Posts: 1,144
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If Rolex sold direct, I would put my name as well as everyone I know on the list, and flip them non stop. Myself, wife, kid, parents, siblings, deceased great grand parents, friends, you name it, one of every available hot model. I'm sure many others would do the same and you would just make the secondary market worse than it is now.
Bad idea, sorry. The situation is already out of hand and the only solutions really are to increase supply or decrease demand. |
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#8 |
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Join Date: Nov 2007
Real Name: C Vo
Location: Georgia
Watch: 117610LN 116610LN
Posts: 1,012
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Consumers would benefit but we are pawns in the game. There's no reason for Rolex to change the business model - the current model works exactly the way they want it to.
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#9 |
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Join Date: Jul 2020
Location: United States
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#10 |
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Join Date: Dec 2009
Real Name: The Mystro ;)
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Are you serious? What makes you think Rolex "the master" of brand recognition and guarding the brand doesn't have everything they want totally under control now???? Rolex is sitting on top of the industry because they dont listen to what other less successful companies are trying.
Rolex doesn't care if you are inconvenience or cant buy their watches. Once you wrap your head around this simple truth you will understand how Rolex works like no other company.
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#11 |
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You think that’s how it works? lol
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#12 |
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i'm sure rolex who are selling more watches than ever want to listen to the internet for advice lol
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#13 | |
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Location: United States
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#14 | |
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#15 |
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Join Date: Oct 2017
Location: Middle America
Posts: 1,085
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Another thread bashing Greys. Look it is simple: you have excess demand and Greys only fill that need by providing trustworthy service. Without them, transactions would be direct. Are you going to blame the buyers who pay 3X retail next ?
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#16 |
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Join Date: Jun 2020
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Please continue making up more silly rules for Rolex that they will never consider or even hear lol
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#17 |
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Real Name: Jason
Location: Essex, UK
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How would Rolex benefit from this extra work?
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#18 |
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#19 |
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#20 | |
"TRF" Member
Join Date: Oct 2021
Real Name: It's not Tim
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Quote:
I can have a good 100 people add their names to the waiting list for two each before dinner time today. You don't think everyone else who's keen on Rolex values wouldn't do the same and on a greater scale? Get real. Right now, many new watches just end up at grey dealers, but your model would result in 100% of them sitting in grey dealer windows. |
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#21 |
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Join Date: Jul 2020
Location: United States
Posts: 340
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Tesla does it, Works for them doesn't it?
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#22 |
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Location: New Mexico
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Posts: 34,404
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You can bet your butt that Rolex know exactly what they are doing.
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#23 | |
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Join Date: Jul 2020
Location: United States
Posts: 340
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#24 | |
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Join Date: Oct 2011
Real Name: Jason
Location: Essex, UK
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Quote:
They are selling all they can make Doubt they're bothered shout the empty cases . They never had it so good
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#25 |
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Real Name: The Mystro ;)
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Rolex doesnt care if you are inconvenienced or cant buy their watches. Rolex doesnt want to be accessible.
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#26 | |
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Quote:
1) In the history of retail there has never been a greater sales tool than the insane valuations of mass-produced trinkets we see now. Rolex would have to be crazy to mess with that. They should LOVE the grey market in its current form, and I bet they secretly do. 2) Assume Rolex announced today that tomorrow, 12PM GVA time, first come, first served waitlists for all their models open. At 12:00:01 those waitlists would be filled by flippers/greys using automated machinery to secure their place in line. Zero reason for Rolex to get into an arms race with bot developers. Any hurdle they put in place will be much easier to clear for full-time flippers than the random guy from the street trying to buy a Sub for his 40th... Maybe ADs should vet people before they go on waitlists? Well, welcome back to exactly where we are now. |
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#27 |
"TRF" Member
Join Date: Jul 2020
Location: United States
Posts: 340
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What difference does it make who buys the watch as long as its fairly distributed? Who is to stop flippers now? This way Rolex could control distribution and ban known flippers from buying a watch. Computers can track anything today.
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#28 | |
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Quote:
Life ain’t fair, pal. Especially when it comes to luxury goods. This isn’t some life necessity.
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#29 | |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Aug 2012
Real Name: Lee
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Posts: 33,382
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Quote:
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#30 |
2024 Pledge Member
Join Date: Dec 2018
Real Name: Frank
Location: Dallas,NY,Colo.
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- Great products
- Demand exceeds supply - Increasing wealthy customers - Popular with celebrities and web personalities - Strong profits - Great reputation through advertising, sports Looks like they need a new business plan. |
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