Reason for all the Incoming..........

[BillA]

Perhaps a reason for all the Incoming threads described in todays WSJ. The newspapers is saying that due to the pandemic, overseas buyers are not in the US in numbers as in the past and the foreign foot traffic in the US AD’s over the summer does contribute to a lot of sales. Watches of Switzerland blaming this situation for their lower sales revenue. So, therefore more watch availability for US citizens.

[JonOnTime]

I think people are bored at home, have more time for their hobbies, so buying watches.

[garyk]

Originally Posted by JonOnTime

I think people are bored at home, have more time for their hobbies, so buying watches.

Hit the nail on the head for me. My Bluesy I bought in early July is in fact my Pandemic watch!!!

[1William]

Maybe for brands other than Rolex and PP but I doubt that a walk in customer with no purchase history gets to buy those brands from an AD.

[bremersm]

While not related to watches as I have the collection I want I have been spending more time and money on other hobbies. I have been refreshing my golf clubs and overall set up.

[Ketler]

I also think that many people have realized just how short and fragile life is...You only live once...

[macrowatch]

Originally Posted by 1William

Maybe for brands other than Rolex and PP but I doubt that a walk in customer with no purchase history gets to buy those brands from an AD.

Unless said customer walks in with whole family and buys multiple PM for friends and family in one go and establishes purchase history on the spot.

[Robf52]

Originally Posted by Ketler

I also think that many people have realized just how short and fragile life is...You only live once...

+1.

[Ranger67]

Originally Posted by BillA

Perhaps a reason for all the Incoming threads described in todays WSJ. The newspapers is saying that due to the pandemic, overseas buyers are not in the US in numbers as in the past and the foreign foot traffic in the US AD’s over the summer does contribute to a lot of sales. Watches of Switzerland blaming this situation for their lower sales revenue. So, therefore more watch availability for US citizens.

Don’t know if it’s the same in the UK, passed by my local AD, thought I would pop in to see how my interest in DSSD was progressing but told at the entrance can only enter with an appointment, SA said all appointment spots were booked throughout the day, whether or not these turn into sales and if so for what watches anyone’s guess.

[Hollie_Rollie]

I don’t really think there’s any correlation at all. Just reaching...

[CHRONOLEX]

Funny thing is that it seems to go one of two ways during a time like this. Either people hoard their money for a doomsday scenario or they say might as well do what I want while I can.

[gabbysplace]

Originally Posted by BillA

Perhaps a reason for all the Incoming threads described in todays WSJ. The newspapers is saying that due to the pandemic, overseas buyers are not in the US in numbers as in the past and the foreign foot traffic in the US AD’s over the summer does contribute to a lot of sales. Watches of Switzerland blaming this situation for their lower sales revenue. So, therefore more watch availability for US citizens.

This may be for some "less desirable" references like Datejusts, but it strikes me that most stainless steel sports models in the US go to established buyers with a purchase history vs. tourists walking in off the street.

[AK797]

Originally Posted by CHRONOLEX

Funny thing is that it seems to go one of two ways during a time like this. Either people hoard their money for a doomsday scenario or they say might as well do what I want while I can.

The almighty power of social media had made the later far more compelling, esp the younger you are.

[Xenon]

Panic buying since luxury prices will likely skyrocket soon.

The recession is over for the rich and next they will buy vacant properties for cheap and flip them for a huge profit.