Thread all abt ROLEX - Part 2

[watchtv]

So I supposed I'll look like a fool if i walk into a rolex store or AD and ask to purchase a rolex watch? What about other brands like omega etc? Also out of stock trend?

 

[gaoxing84]

I am still lacking a 5711 in my collection. sometimes when I think back, regretted not buying when it was 50+ k.. will wait for a chance to buy it in future

yes.

patek is not really connecting with the youths

if you do a search on social media, the popularity of patek is very low

patek market share dropped from 5.8% to 4.8%

AP droped by 0.1%

RM increased by 0.2%

Not all young people can afford patek la. Even at rrp haha

Rolex is lup sup luxury watch. Lol. Rrp 10-11k can get. Tom dick Harry can afford.

Patek not aiming at youth anyway. More like mid level execs and higher. You walk in like a yp they also hiam selling you. Lol

 

[gaoxing84]

To put it in my analogy, this has nothing to do with haute horology or not

lets assume 2022 1000 patek made, 100 customers

2023, 1000 patek made and 90 customers

2024, 1000 patek made and 80 customers

you get the drift

Contrast to rolex (example), 1000 rolex made but 110 customers

1000 rolex made next year but 150 customers

Wah you're quite wrong. Lol because not everyone can afford a patek.
Those who can afford patek even at rrp will pay for it.

Those comp and grand comp will have their buyers.

It's like comparing tag heuer to Rolex if you put it this way.

 

[gaoxing84]

If you analyse carefully

every brand needs to grow in terms of market share to create demand

it is demand that drives prices to sky rocket

You don't have to grow because your watches are being snapped up
They private family owned. Lol earn enough and keep heritage can already. Lol

 

[gaoxing84]

You see any ads by patek trying to sell to yp meh?
All their ads is like father figure or mother figure. Those who can spend.
And those who can spend, already play the lower level stuff and they want something more better, more exclusive, more Satki.

Rolex is like lup sup. Even rolex ads don't appeal to young

Tag heuer and tudor then is aim at yp.

 

[Decorum]

Wah you're quite wrong. Lol because not everyone can afford a patek.
Those who can afford patek even at rrp will pay for it.

Those comp and grand comp will have their buyers.

It's like comparing tag heuer to Rolex if you put it this way.

need to correct you

rolex all models trading above RRP in market value, all models get snapped up

patek not all trading above RRP

their dress watches are not popular thus not all patek can sell out

 

[Decorum]

You see any ads by patek trying to sell to yp meh?
All their ads is like father figure or mother figure. Those who can spend.
And those who can spend, already play the lower level stuff and they want something more better, more exclusive, more Satki.

Rolex is like lup sup. Even rolex ads don't appeal to young

Tag heuer and tudor then is aim at yp.

Thats why

patek made itself too ulu

younger generation know nothing about it

watch brands need hype to survive

 

[Decorum]

You don't have to grow because your watches are being snapped up
They private family owned. Lol earn enough and keep heritage can already. Lol

family owned is the same as any micro brand watch company which can also say its family owned

this is contrasted from non profit foundation, which can go for long haul

 

[Decorum]

You see any ads by patek trying to sell to yp meh?
All their ads is like father figure or mother figure. Those who can spend.
And those who can spend, already play the lower level stuff and they want something more better, more exclusive, more Satki.

Rolex is like lup sup. Even rolex ads don't appeal to young

Tag heuer and tudor then is aim at yp.

end of the day u bring one submariner and one top of the line patek nautilus with max diamonds to lucky plaza

100 times out of 100 times

The filipinos and yp will say the submariner is more expensive

 

[natnaes]

end of the day u bring one submariner and one top of the line patek nautilus with max diamonds to lucky plaza

100 times out of 100 times

The filipinos and yp will say the submariner is more expensive

Your posts show you know nothing about Patek or Patek's clients. I assure you most people wearing Patek have little intention to impress or be recognized by filipinos or YPs. And when they do, they will put on Rolexes, which are just cheap watches to them. One of the main drawing points of Patek to its clientele is understated luxury.

Also when you say that all Rolexes are trading above retail, I think you may have forgotten Rolex's classic line, Cellini.

Thirdly Patek is currently enjoying high demand. You can try walking in to a Patek AD now, quite sure if you're after a Calatrava, Complications, or Grand Complications watch, you'll just be told to put your name down on an interest list. Can't just buy and walk out with it.

 

[Hungry kid]

end of the day u bring one submariner and one top of the line patek nautilus with max diamonds to lucky plaza

100 times out of 100 times

The filipinos and yp will say the submariner is more expensive

Bro, if i'm not wrong got this malaysian Youtuber he did this experiment, going around shopping center showing ppl a rolex and a VC asking which is more ex and which you would want. All those YP say Rolex. LOL....

 

[Decorum]

You don't have to grow because your watches are being snapped up
They private family owned. Lol earn enough and keep heritage can already. Lol

actually one key difference between family owned and non profit organisation

family owned, the profits after deducting expenses will go back into the family, they wont have much to grow the company

for non profit organisation charity, all of the year’s operating surplus after charitable purpose and operating expense will go back into the organisation as it pays no corporate taxes

 

[Decorum]

Your posts show you know nothing about Patek or Patek's clients. I assure you most people wearing Patek have little intention to impress or be recognized by filipinos or YPs. And when they do, they will put on Rolexes, which are just cheap watches to them. One of the main drawing points of Patek to its clientele is understated luxury.

Also when you say that all Rolexes are trading above retail, I think you may have forgotten Rolex's classic line, Cellini.

Thirdly Patek is currently enjoying high demand. You can try walking in to a Patek AD now, quite sure if you're after a Calatrava, Complications, or Grand Complications watch, you'll just be told to put your name down on an interest list. Can't just buy and walk out with it.

The first paragraph is the problem

All brands can be understated luxury, if i can buy a patek, then there is nothing to stop me from getting a lange at the same price?

is patek’s craftmanship superior to lange?

what is the unique selling point of patek compared to lange? we will know 5 years down the road.

Now cellinis are being discontinued on Rolex’s website.

Rolex only have 1 model of moonphase left which still selling on market for above RRP

the 5227R current market value is lower than 40k, the retail price is 51k

 

[natnaes]

The first paragraph is the problem

All brands can be understated luxury, if i can buy a patek, then there is nothing to stop me from getting a lange at the same price?

what is the unique selling point of patek compared to lange? we will know 5 years down the road.

Now cellinis are being discontinued on Rolex’s website.

Rolex only have 1 model of moonphase left which still selling on market for above RRP

the 5227R current market value is lower than 40k, the retail price is 51k

You keep talking about resale value, and then you bring up Lange which isn't doing better than Patek on the resale market?

Between Lange and Patek, it's personal preference. Lange's makes are thicker and I don't like how bulky the lugs are. For similar complications Lange tends to be 10-20% cheaper than Patek, but with it comes as well thicker movement, hence thicker watch, and lower power reserve. I prefer the design language of Patek myself, and can see how someone might prefer Lange. No need to hate on a brand just because it doesn't speak to you.

 

[Decorum]

You keep talking about resale value, and then you bring up Lange which isn't doing better than Patek on the resale market?

Between Lange and Patek, it's personal preference. Lange's makes are thicker and I don't like how bulky the lugs are. For similar complications Lange tends to be 10-20% cheaper than Patek, but with it comes as well thicker movement, hence thicker watch, and lower power reserve. I prefer the design language of Patek myself, and can see how someone might prefer Lange. No need to hate on a brand just because it doesn't speak to you.

End of the day

marketing and brand appeal is the most important key to survival

No doubt that watchmaking ability is one factor

but brands need to make their effort to stay relevant and not lose market share

Otherwise it will only deter collectors who are seeking to preserve their money in a watch collection

we will see if patek can grow further by having more customers by end of 2022 to prop up its resale prices or will it be similar to lange in terms of resale price

you ask yourself whether you like the way patek is losing in terms of value ?

 

[gaoxing84]

need to correct you

rolex all models trading above RRP in market value, all models get snapped up

patek not all trading above RRP

their dress watches are not popular thus not all patek can sell out

i have to correct you again.
NOT ALL ROLEX trade above RRP. lol

DJ are still shitters that used to create buying profile

for a patek, shitter like calatrava, they get to choose you to see if you're a good customer before they sell it to you

and a basic cala is 30-40k vs a DJ at 10-20k

 

[gaoxing84]

Thats why

patek made itself too ulu

younger generation know nothing about it

watch brands need hype to survive

again, they don't need the young generation to be buying now. the young will head to them when they're older and have the buying power.

 

[gaoxing84]

End of the day

marketing and brand appeal is the most important key to survival

No doubt that watchmaking ability is one factor

but brands need to make their effort to stay relevant and not lose market share

Otherwise it will only deter collectors who are seeking to preserve their money in a watch collection

we will see if patek can grow further by having more customers by end of 2022 to prop up its resale prices or will it be similar to lange in terms of resale price

you ask yourself whether you like the way patek is losing in terms of value ?

last sentence, because its grossly overpriced in the grey

1) availability
2) those people that are sick of lup sup rolex are heading over to AP and patek cause they more satki.

and of course when correction is due. prices tend to drop faster because the value is higher.

whichever the case, patek and rolex demographics are different.

patek do not need to attract the young, they eventually will go to them, thats if they can afford. lol

 

[gaoxing84]

The first paragraph is the problem

All brands can be understated luxury, if i can buy a patek, then there is nothing to stop me from getting a lange at the same price?

is patek’s craftmanship superior to lange?

what is the unique selling point of patek compared to lange? we will know 5 years down the road.

Now cellinis are being discontinued on Rolex’s website.

Rolex only have 1 model of moonphase left which still selling on market for above RRP

the 5227R current market value is lower than 40k, the retail price is 51k

why not, i put lange and patek on the same level but of different heritage.

cellini are shitters dude. lol. rolex decide to ditch them because nobody is buying.

anyway, not ALL ROLEX are above RRP. lol u don't dream la.

 

[gaoxing84]

Thats why

patek made itself too ulu

younger generation know nothing about it

watch brands need hype to survive

jialat. means you haven't been buying watches for long, i think maybe started 2018-2019

lol watch brand need hype to survive. i wonder how patek (since 1850s) or any other watch manufacturers are still around. LOL

jialat, citizen should toh long ago, if need hype to survive.
rado also