My A.D. was dumped by Rolex!
Posted: Mon Apr 05, 2021 4:22 pm
After 20 years. Just like that! Why, I don't know. I guess they want more boutiques? But good news is on the last shipment my no date sub arrived.
Hi guys!
Hi guys!
HTFU!
https://thedivewatchconnection.com/forum/
https://thedivewatchconnection.com/forum/viewtopic.php?f=47&t=72266
Yes, but it seems strange to demand the dealers expand to install in-store mini boutique type areas, then not provide any inventory. I’m thinking it might be better for an AD to dump Rolex and go Omega.john wilson wrote:I'm guessing Rolex just does not care having fewer stores and fewer watches for the fewer stores.
I agree with you 100%, however the ADs still seem to stick with Rolex which suggests they’re making good money. I think ADs get plenty of watches that are then scooped up by grays and people traveling into and out of this country. Clearly there’s something funny going on because the number of people willing to spend $10k-$40k in a watch isn’t THAT high.hoppyjr wrote: ↑Fri Apr 16, 2021 9:26 pmYes, but it seems strange to demand the dealers expand to install in-store mini boutique type areas, then not provide any inventory. I’m thinking it might be better for an AD to dump Rolex and go Omega.john wilson wrote:I'm guessing Rolex just does not care having fewer stores and fewer watches for the fewer stores.
Years ago I was traveling for work near OSU. One evening after dinner I went for a walk in some outdoor mall (Easton, OH, I think) and checked out a jewelry store there with an incredible Rolex inventory. They had multiple Smurfs, Daytona’s, etc. - all high end models.JP Chestnut wrote: ↑Sat Apr 17, 2021 5:26 amI agree with you 100%, however the ADs still seem to stick with Rolex which suggests they’re making good money. I think ADs get plenty of watches that are then scooped up by grays and people traveling into and out of this country. Clearly there’s something funny going on because the number of people willing to spend $10k-$40k in a watch isn’t THAT high.hoppyjr wrote: ↑Fri Apr 16, 2021 9:26 pmYes, but it seems strange to demand the dealers expand to install in-store mini boutique type areas, then not provide any inventory. I’m thinking it might be better for an AD to dump Rolex and go Omega.john wilson wrote:I'm guessing Rolex just does not care having fewer stores and fewer watches for the fewer stores.
This is my experience as well. These watches are easily concealed vehicles for transferring money into and out of countries with zero traceability.Ryeguy wrote: ↑Sat Apr 17, 2021 5:53 amYears ago I was traveling for work near OSU. One evening after dinner I went for a walk in some outdoor mall (Easton, OH, I think) and checked out a jewelry store there with an incredible Rolex inventory. They had multiple Smurfs, Daytona’s, etc. - all high end models.JP Chestnut wrote: ↑Sat Apr 17, 2021 5:26 amI agree with you 100%, however the ADs still seem to stick with Rolex which suggests they’re making good money. I think ADs get plenty of watches that are then scooped up by grays and people traveling into and out of this country. Clearly there’s something funny going on because the number of people willing to spend $10k-$40k in a watch isn’t THAT high.hoppyjr wrote: ↑Fri Apr 16, 2021 9:26 pmYes, but it seems strange to demand the dealers expand to install in-store mini boutique type areas, then not provide any inventory. I’m thinking it might be better for an AD to dump Rolex and go Omega.john wilson wrote:I'm guessing Rolex just does not care having fewer stores and fewer watches for the fewer stores.
I remember asking the salesman about the inventory and being a bit surprised that this local suburban OH demographic was buying these $30K + watches.
His response was the store would sell every Rolex watch in stock, with nearly 100% of the sales going to international OSU students who would wear them home for the winter break.