Closing down.

[nboyer]

Good article in Forbes magazine says it well. https://www.forbes.com/sites/enrique.../#2578cd6030f1.

-Norm

Originally Posted by Valenciawatchrepair

They are getting fed up with it. They're dropping those brands and even not carrying any watch brands, period. The independent jewelers are focused on service now. A lot of the stores that were retail only are either gone or hurting. The really nice stores are focused on repairs and customer service. Internet will have a hard time taking that from them and they know it.

I do multiple stores watch repair. The more new stores I go in to find work though, I find that more and more say things like, "I don't like watches" or "I'm done messing with watches...selling or repairing."

[Valenciawatchrepair]

Originally Posted by nboyer

Good article in Forbes magazine says it well. https://www.forbes.com/sites/enrique.../#2578cd6030f1.

-Norm

I want to say I've seen that article, or something very similar. Very true indeed. I repair watches, but I've also done computer repair. So, I've seen the behavior of people with both. I found that people tended to not want to spend any money on computers & laptops years ago and even today, yet they demanded performance at the bottom of the barrel price point. Yet, today, they don't bat an eye to dropping almost a grand on a phone...Another few hundred on a smart watch. Thing is, I get 10 times the use out of a phone that's around $200-$300. Currently have a Moto G5. I've yet to NEED or hardly want a flagship phone. Maybe the Facebook and Instagram experience is just so amazing with a flagship phone and I don't realize what I'm missing???

But, when I would suggest a good price to performance value they didn't care. Same with watches. I've had customers turn down a watch at half the price of something like a Michael Kors with 10 times the quality. TO MY FACE. lol So, I continue to scratch my head with consumers in both markets.

[nboyer]

Thanks for the good laugh, what you say is so true. Cheers! -Norm

Originally Posted by Valenciawatchrepair

I want to say I've seen that article, or something very similar. Very true indeed. I repair watches, but I've also done computer repair. So, I've seen the behavior of people with both. I found that people tended to not want to spend any money on computers & laptops years ago and even today, yet they demanded performance at the bottom of the barrel price point. Yet, today, they don't bat an eye to dropping almost a grand on a phone...Another few hundred on a smart watch. Thing is, I get 10 times the use out of a phone that's around $200-$300. Currently have a Moto G5. I've yet to NEED or hardly want a flagship phone. Maybe the Facebook and Instagram experience is just so amazing with a flagship phone and I don't realize what I'm missing???

But, when I would suggest a good price to performance value they didn't care. Same with watches. I've had customers turn down a watch at half the price of something like a Michael Kors with 10 times the quality. TO MY FACE. lol So, I continue to scratch my head with consumers in both markets.