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8 September 2020, 04:23 AM | #61 | |
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It's nonsense to say that Rolex knows exactly what they're doing if the demand level varies so much between the models with crazy market prices vs those they have to bundle to move. Make more Subs or Daytonas and/or raise MSRP, and decrease production or MSRP on slower selling models. Obviously Rolex doesn't have this nailed down. Only issues ADs and Rolex have with greys is on the more popular models selling above MSRP, that the ADs and Rolex are missing out on additional profit. Bundling is just one way of taking advantage of the popular models to increase AD profit. ADs/Rolex don't seem to have an issue with greys helping to move less popular models. |
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8 September 2020, 04:25 AM | #62 | |
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But why would Rolex stop this practice? More Rolex product is sold. Every Rolex piece an AD sells is ultimately more profit for Rolex when the AD needs to restock. |
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8 September 2020, 04:37 AM | #63 |
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I suppose this could work to your advantage if it’s a TT DJ that you are after in the first place. Perform a little Keyser Soze pyschology on the AD, walk out with both, flip the sub for a profit. Voila, you just got a nice discount on your DJ. Assuming that’s what you are really after, of course.
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8 September 2020, 04:41 AM | #64 | |
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Either reduce their quota of highly desirable stock or, for the worst offenders, remove their AD status? |
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8 September 2020, 04:46 AM | #65 | |
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As far as I am aware it is a relatively recent practice in the UK (I got my Sub with 8 weeks as a first purchase with an AD three years ago). Are they, in the long term,risking alienating a percentage of their followers and thus ultimately affecting overall sales? |
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8 September 2020, 05:44 AM | #66 | |
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Rolex will continue to sell every watch they produce. The AD who insists on bundling is the type customers should avoid for future jewellery and watch purchases. |
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8 September 2020, 05:50 AM | #67 |
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Whats the more honourable choice ? ...
Bundling at an AD or premium at a Grey ? Maybe the Grey option ,you pay market price for what you do want, compared to buying B,which you dont want, to get A that you do want .. |
8 September 2020, 06:04 AM | #68 | |
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Either way, you pay to play, and overpay one way or the other. But perhaps going the AD route, you build some type of relationship which can help with future purchases. Unless the AD really doesn't care about that history and only cares to maximize profit with every piece. |
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8 September 2020, 06:08 AM | #69 | |
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8 September 2020, 06:30 AM | #70 |
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True. They won't because they do the same thing with ADs. My AD showed me various undesirable models they had to buy last year to be able to have some steel sports models at his store.
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8 September 2020, 06:33 AM | #71 |
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8 September 2020, 06:34 AM | #72 |
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Yes you should name the AD because I am sure their are enthusiastic bundle buyers out there looking for this deal.
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8 September 2020, 06:39 AM | #73 |
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I agree, so weird to read about this experience...
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8 September 2020, 08:35 AM | #74 |
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8 September 2020, 09:05 AM | #75 |
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I don’t want anything that bad to be bullied by a SA on any level. It’s really a sad commentary on an otherwise great overall brand. There will always be those who are willing and able to play the game. I’m really happy I don’t want a Sub. That being said, I do think the Sub is a great watch, and if you want one, good luck.
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8 September 2020, 09:19 AM | #76 |
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The reality of this situation is that this was only the OPs second visit to the AD. Whilst we can only presume no prior purchase and history, it may be the OP purchased a PM Rolex on the first occasion, in which case I would agree the bundling was poor form. The exact bundling option may have been open to negotiation for something more desirable - e.g. firm $2K deposit on a new OP36 when available in addition to the sub. Wait would probably be 3-4 months at most for the OP36 and this would have been a good deal IMHO. I can sympathize with the AD wanting to save the sub for someone with an ongoing relationship. The bundling was simply a way of "fast-tracking" that relationship.
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8 September 2020, 09:23 AM | #77 |
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8 September 2020, 09:25 AM | #78 |
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I did a bundled deal for a sub once...once. Gave the bundled Datejust to my Dad
as a birthday gift. I mean, what the heck, both watches were acquired at MSRP. Everyone loves getting a Rolex and should receive one at least once in their life. Pay to play? Certainly. Happy to do that..glad to be in the game. Just my .02 - Ben. |
8 September 2020, 09:32 AM | #79 | |
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8 September 2020, 09:56 AM | #80 |
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I don’t want anything that bad to be bullied by a SA on any level. It’s really a sad commentary on an otherwise great overall brand. There will always be those who are willing and able to play the game. I’m really happy I don’t want a Sub. That being said, I do think the Sub is a great watch, and if you want one, good luck.
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8 September 2020, 11:00 AM | #81 |
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You could have turned around and flipped the 124060 and received a free two tone DJ 🤪
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8 September 2020, 12:05 PM | #82 |
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Was offered new Sub date by AD
On the flip side, I bought a matching his/hers full gold DD40/DJ28 president pair for my 20th wedding anniversary, this year, which we were going to buy no matter what and got 17% off both and was offered a BLRO and Blue SkyD at MSRP, which I gladly accepted!
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8 September 2020, 01:31 PM | #83 |
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Their business their rules. Don’t like it, it’s your right to not do business with them. But that’s about it.
As for the suggestion of “don’t play the AD game, go grey,” that doesn’t make any sense. At the current hyper inflated grey price, one could have bought Bundle at AD and got two watches instead of one from the grey. To go grey is akin to cutting ofF the nose to spite the face. |
8 September 2020, 02:06 PM | #84 | |
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8 September 2020, 02:11 PM | #85 | |
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Exactly, I have bundled at my AD, and however I look at it, it’s cheaper than buying grey. Buying grey doesn’t have the same ‘insulting’ feel as being forced to bundle, but it’s the same thing. Just not in your face. Whatever bad AD / flipper practices are supposedly to blame for the state of the market, people who buy BNIB from greys need only look in the mirror to see who encourages it. Sent from my iPhone using Tapatalk |
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8 September 2020, 02:13 PM | #86 |
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8 September 2020, 06:08 PM | #87 |
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This a poor show, if they bring the watch out they should sell you it.
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8 September 2020, 08:37 PM | #88 | |
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Fortunately, the wife thinks any kind of bundle deal is moronic (unless the bundled watch is one she likes, I suppose ). |
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8 September 2020, 08:46 PM | #89 | |
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8 September 2020, 09:18 PM | #90 |
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I like it, good business for the AD, they know that they can sell the hot watches so why just sell the submariner why not ask customers to buy another watch at the same time, more profit for them.
Although I didn't know this at the time I bought my DJ by doing so I was about to open the door to the world of Rolex professional watches, it was only when the transaction had been completed that the SA told me that if I wanted another watch I could ask to be put on the waiting list for the whole of the Rolex range. Now the Rolex world is my 'Oyster' (excuse pun), all doors are open.
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