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Markups on Watches..... :(

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  • Markups on Watches..... :(

    Is it only me that HATES the markups on watch prices !!!

    I mean really do ALL Watch Companies / dealers really need to make more markup than a leading clothing label; Hugo Boss ( Clothing ) !!! ( Boss have a 37-46% Profit on sales )

    Major* Watch companies have a 100% Markup / or 50% Profit !! based or the Recommended Sell Price.

    This has always annoyed me.....

    Rant over

    Thx

    [ * for this post I'll consider anything from a Tissot to A Patek Phillipe ]
    ROLEX.

  • #2
    ( My Family used to sell Mid markets brands; Omega, Longines, Rado, Seiko, Guess, and others. )
    ROLEX.

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    • #3
      They can sell me a DSSD in Geylang any day if it works out to be 20% off..... hahahaha
      ROLEX.

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      • #4
        Yes so they made an easy 5K PROFIT on my watch on SAT...
        ROLEX.

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        • #5
          As long as most of the general public are paying the market rate it should be fine in my books......

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          • #6
            You are right bro
            ROLEX.

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            • #7
              willing seller, willing buyer. if you keep thinking about mark-ups, you won't buy a lot of things.

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              • #8
                Let's put it this way. If they do not make substantial profits, they might as well close their businesses. Like in any business, who would want to do if the money made are not rewarding.

                A pair of Nike shoes cist US$1 to make and people are paying hundreds of dollars for one pair.

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                • #9
                  i like to say, you are not in this line of business, you will get "ripped off". part and parcel of life unfortunately
                  [U]Currently wearing[/U]:
                  [SIZE="1"]TT Datejust with diamond dial - sold!
                  Blue 6694
                  Seiko SD-lookalike[/SIZE]
                  [U]"My collection"[/U]:
                  [SIZE="1"]Blue 6694; TT DJ w diamond dial.[/SIZE]

                  Comment

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