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Old 27 November 2018, 02:05 PM   #1
lightingball2
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Rolex Demand

Does anyone know when and what really caused the demand to go up? im trying to remember when it really began to change and you couldn't find anything at an AD?
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Old 27 November 2018, 02:46 PM   #2
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Hot economy and record employment.
Baby Boomer's entering their golden years.
Movies and Music Video mentions.
Batman released and in high demand.
Daytona Ceramic creating major news.
Newman's Newman creating major news.
Pepsi released and in high demand.
Instagram the gateway to push it all everywhere.

Basically a perfect storm of factors. Social media is the big one. Status symbolism has never been this much a part of the public's consciousness. Gotta keep up with the friends on Facebook, gotta get those likes on the Gram, Larissa's husband got a Porsche, better get me a Rolex.
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Old 27 November 2018, 02:57 PM   #3
ltmgeller
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I'd have to say the economy.
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Old 27 November 2018, 03:24 PM   #4
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Another contributor was the rumor of discontinuation of the LVc in late summer of 2017. Obviously the rumor began a run on these green machines that had been in production for almost eight years with little excitement. This rising tide began to raise all ships. Couple this with a booming economy/stock market and all the ingredients were there. Similar rumors began about the BLNR and some really hot Basel releases and we were off to the races.
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Old 27 November 2018, 03:31 PM   #5
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My guess is the economy and the healthy job market. The last recession was 10 years ago and people tend to have short memories.
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Old 27 November 2018, 04:19 PM   #6
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Even though China’s economy is slowing they typically have been big DJ and DD buyers. I believe I read somewhere that recently over past couple years they’ve been moving over to the SS models - so that’s swallowing up huge chunks of the SS models


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Old 27 November 2018, 04:27 PM   #7
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Old 27 November 2018, 04:34 PM   #8
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Expansion of TRF activity drives it. Average number of Rolex watches per human (excluding TRF members) is .000000001, but TRF membership is growing, and average number of Rolex watches owned by a TRF member is 163.

Or, it could be that demand for fine watches (almost regardless of brand) has been on the rise for years, and the recognition of the Rolex brand is focusing much of the incremental demand on it... Nah! It's gotta be my first answer!
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Old 27 November 2018, 04:40 PM   #9
cli575
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Quote:
Originally Posted by ROLMARINER View Post
Hot economy and record employment.
Baby Boomer's entering their golden years.
Movies and Music Video mentions.
Batman released and in high demand.
Daytona Ceramic creating major news.
Newman's Newman creating major news.
Pepsi released and in high demand.
Instagram the gateway to push it all everywhere.

Basically a perfect storm of factors. Social media is the big one. Status symbolism has never been this much a part of the public's consciousness. Gotta keep up with the friends on Facebook, gotta get those likes on the Gram, Larissa's husband got a Porsche, better get me a Rolex.
agree with the social platform peer pressure impact but why only rolex?
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Old 27 November 2018, 04:44 PM   #10
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Quote:
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agree with the social platform peer pressure impact but why only rolex?
Rolex, Patek, AP are all doing well right now. Rolex just sells way more watches than the other two.
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Old 27 November 2018, 05:33 PM   #11
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Quote:
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Expansion of TRF activity drives it. Average number of Rolex watches per human (excluding TRF members) is .000000001, but TRF membership is growing, and average number of Rolex watches owned by a TRF member is 163.



Or, it could be that demand for fine watches (almost regardless of brand) has been on the rise for years, and the recognition of the Rolex brand is focusing much of the incremental demand on it... Nah! It's gotta be my first answer!


LOL! Rolex also advertises relentlessly. Is there any sport or activity they don’t sponsor?


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Old 27 November 2018, 07:14 PM   #12
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I remember very well seeing a hulk in the display at David & Licht in San Jose back in 2016, its around 2 years we are seeing this kind of demand.
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Old 27 November 2018, 07:33 PM   #13
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Emerging economies (ie; China, India, Thailand, etc.) with monumental demand for luxury goods.
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Old 27 November 2018, 09:20 PM   #14
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Booming stockmarket, QE, Crypto, Bribery law change in China, Brexit and add in SM.
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Old 27 November 2018, 09:23 PM   #15
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Quote:
Originally Posted by cli575 View Post
agree with the social platform peer pressure impact but why only rolex?
Brexit is why, while Rolex already had 19 of the 20 best selling watches over Ł5K, the mad rush for SS Rolexes after Brexit really cemented their position as the must haves.
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Old 27 November 2018, 09:26 PM   #16
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The economy and speculation by dealers and collectors.
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Old 27 November 2018, 10:03 PM   #17
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Certainly economics. Stay tuned when an economic downturn occurs. That is when the smart and patient can get some good deals
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Old 27 November 2018, 10:06 PM   #18
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Quote:
Originally Posted by lightingball2 View Post
Does anyone know when and what really caused the demand to go up? im trying to remember when it really began to change and you couldn't find anything at an AD?
More people wanted to buy jewelry
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Old 27 November 2018, 10:27 PM   #19
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The when was in the fall of 2016 in my neck of the woods.
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Old 28 November 2018, 12:16 AM   #20
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It's JUST the economy. Maybe it's not safe to say that people as a whole are richer than ever but it's definitely true to say that the wealthy people are richer than ever. Rolex is still producing watches at the same rate that they did in 2015, but the economy is 30-40% hotter than in 2015.
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Old 28 November 2018, 12:43 AM   #21
askdanny
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Rolex Demand

It’d be interesting if those who manage the Rolex Forum could share stats of membership (and activity) trends. My guess is we’d see a slow steady growth from launch until, say, mid-2010s, then an exponential growth — in effect, mirroring the global demand for Rolexes.

I also think that this fine global community of Rolex owners sharing their latest “incoming!!!” has done nothing to tame my desire for one more Rolex.


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Old 28 November 2018, 12:52 AM   #22
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The rise of middle income group in Asia. Asia has an aggregate of more than half global population today.
A portion of this middle income groups of people may be single without family commitment and would easily buy 2-3 Rolex watches per capita. This number could take bulk of a big share from both ad and grey market.
This is just my two cents


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Old 28 November 2018, 12:59 AM   #23
melrob1
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Economy.
China demand.
Rolex using as opportunity to get discounting and grays in check. They wan’t their brand to be lessened by more people purchasing at discounted rates. Will bring name down. Now this shortage keeps the name up and discounts down
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Old 28 November 2018, 01:02 AM   #24
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Cheap money/low interest rates + social media, as mentioned above.
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Old 28 November 2018, 01:04 AM   #25
ahlee00023
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The release of the DaytonaC took it to another level for sure.

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Old 28 November 2018, 01:05 AM   #26
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1: Global Economy
2: Internet/Social Media
3: Apple Watch

I say the apple watch because I think that was the turning point where people became interested in wearing watches again. A whole generation of people hadn't worn watches since cell phones became a necessity. Suddenly, wearing watches became popular again. It opened a lot of people up to discovering watches, especially via social media.
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Old 28 November 2018, 01:28 AM   #27
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Rolex is one of the VERY FEW “luxury” watch brands that is still reasonably priced and it is a grail for the average joe (please don’t take that out of context as I am not some elitist or guy with F You type money) and a brand that so many people aspire to own. Most of the stuff out there is way overpriced and just tanks in value the second you walk out the door.
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Old 28 November 2018, 01:39 AM   #28
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China. In 2000, the GDP was 1.2 Trillion. In 2017 it was 12 Trillion. US GDP only doubled in that period while China GDP grew by a factor of 10.
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Old 28 November 2018, 01:40 AM   #29
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Social media + expandable income.
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Old 28 November 2018, 02:05 AM   #30
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Excuse my ignorance, but what does Instagram/Social Media got to do with it?
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