This is totally understandable when coming from the traditional brands

Sep 09, 2017,04:24 AM
 

The fist thing we look at (as I did when I started in watches and when I discovered RM for the first time around 2009) is the price point compared to traditional, established brands.


The comparision is made on what these brands are known for: polishing (cases, hands, markers, chamfering...), classical style, brand fame (PP, AP, VC, ALS, indies and so on...).

Thus, using that base reference for RM brings questions.

However, from what I wrote in the past ( www.watchprosite.com www.watchprosite.com  and in other posts), this is not what the brand is about.

Instead of gold and steel, they use Ti (now it is more "ordinary" but it wasn't at the beginning, especially for movement parts), different types of Carbon (from simple nanotube resins at the beginning to real carbon today), Alusic, Lital, Magnesium, all kind of hi-tech materials used in F1 engine combustion rooms, satelites, plane's landing gear etc...

Their materials are much more difficult to craft and shape than the classical ones. When these materials are used for the movement (baseplate, tourbillon bridges or smaller parts) it is also a much bigger task to perform.

Furthermore, compared to traditonal brands (JLC, PP, VC, AP etc...), the volumes are much lower, hence the impact on the final price is very important.

When you look at some Independent watches, you also see a very high increase in terms of pricing compared to traditional brands. Some have a very high finishing quality (like KV, DB for instance) and others don't. However, the prices, because of the volumes are generally much higher than what we can find with established brands.

I don't think that we can compare brands on their price level only, without looking precisely what is offered. RM offers something very different and we can't judge the price on the standard criteria like chamfering or polishing. We are talking about other fields.

That's why I feel in your "cheap and massively produced" or "mediocre product" sentences someting that indeed you don't understand (and a little biased :p ). I think, as you tried them, that it is just not your thing at all. As some also don't like this or that independent brand (MB&F, Urwerk etc...) because they are too different. But you can't I would tend to think that you understimate what their production challenges are.

We don't have to like them all but just to find what appeals to us. In that way, RM is not your thing but you should imagine that others appreciate the technicity, materials and developement difficulties in another way.

Now, if someone prefers the traditional part, then he shouldn't go for RM (I'm sure many started "traditional" and ended understandind and loving RM in the end, but not everyone will). However, if someone wants something else and tries, he might then think that traditional watchmaking is less interesting.

That's why I don't think we can compare a Dufour and a RM. This would be like comparing a small 2-sit car (Lotus Elise, not comfy, not much luggage room, bad visibility on the rear, noisy, no Air conditioning, no electric windows etc...) with a German premium sedan for the same price. But some will prefer the Elise over the BMW and others will prefer the latter. It depends on the use, taste etc...

Some say also that the price of a German premium car is not justified when you can have the same thing in a Toyota, Renault etc... Well, I think that I would disagree on the comparision as well and it is just that the important criteria are not the same for each of us.

As I replied to PP5170G above (you can read my answer if you want to know more about the brand), this is totally different as a watch brand, and one has at least to understand and feel attracted by the field used in RM watches. Most of RM clients have been owners of traditional brands before. The success of RM has shown that what they bring has appealed to many, especially during the 10 or 15 first years.


All this being said, you know that we are in a luxury field and that the price is not 100% linked with the production costs. RM has created a very appealing brand for people who like their techniques (material, caracteristics...) but also as what they represent as a social status symbol.

The pricing power in that field is huge for RM. Thus that's where their prices land.

You won't buy them, hopefully you don't have too, you don't really understand how other can like them that much as it is not appealing to what interests you in the watchmaking field, but I guess we are all different and that some are ready to pass that threshold you're far from. No problem with that Bruno. This is just a product that really doesn't appeal to you and a product that is playing in a sector where his image allows it to be sold at such prices.

I guess that we can say the same about some sport cars or Hermes bags etc... RM watches benefit from this situation they have succeeded in creating thanks to many tangible assets from combining watchmaking and other high-tech fields.

Best, Mark


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A few recent releases and Chantilly Concours of Arts and Elegance this week-end

 
 By: Mark in Paris : September 9th, 2017-02:12
I noticed on RM's website a few recent models I didn't pay attention too lately, I thought I could share them today. RM11-02 Ceramic "Japan" edition: RM11-02 NTPT "Asia" edition: RM030 Blue Ceramic EMEA region edition: RM030 NTPT "Asia" edition: RM055 NTP...  

Sooo many editions!

 
 By: Freccero : September 9th, 2017-02:22
Do they want to be like Hublot? I hope not! Best.

Indeed, but this is I think a good thing for such a brand

 
 By: Mark in Paris : September 9th, 2017-03:49
People knowing RM from far, are not familiar with their products and volumes. They have been providing in their early period (they started in 2001 so this is quite recent) one model after another. Aesthetically, they were mainly gold followed by Titanium ... 

Perfect response

 
 By: colton_d : September 11th, 2017-04:33
Measured and informed - I need to commit this response to memory to use it when someone asks me a similar question about why I enjoy RM so much. The variety adds to the interest, and supports the development of new and exciting calibres. Thank you as alwa... 

Hey Colton, thanks!

 
 By: Mark in Paris : September 12th, 2017-10:17
With such brand it is indeed a question, disccussion that comes often and I must say that I was thinking the same when I discovered the brand. That's why I take time to explain how to see it and then people can think about it, try them eventually and make... 

I'll sound like a troll

 
 By: Bruno.M1 : September 9th, 2017-02:52
but honestly, can somebody explain me these watches? I'm not talking about their design cause I understand this is a personal opinion. You might like them and you might hate them. just like some people probably don't like a Patek 2499. But i do have a HUG... 

You got the point.

 
 By: Freccero : September 9th, 2017-03:01
It is true that RM prices its pieces crazily and they definitely do not worth such amounts of money. However if people pays that prices... but as you said RM is a bit like Rolex, many buy them just to show they are wealthy for Rolex or very wealthy in cas... 

This is totally understandable when coming from the traditional brands

 
 By: Mark in Paris : September 9th, 2017-04:24
The fist thing we look at (as I did when I started in watches and when I discovered RM for the first time around 2009) is the price point compared to traditional, established brands. The comparision is made on what these brands are known for: polishing (c... 

Bruno doesn't like RM--I'm shocked. Not.

 
 By: texex91 : September 9th, 2017-17:50
End of the day they are selling everyone at full price these days (hotter brand than even your beloved Patek). I guess I could go on Patek forum and say how much I hate dress watches, over priced sub-standard service times, etc. But I won't. Take care and... 

everything is relative

 
 By: gcTIME : December 2nd, 2017-08:58
I totally understand your point as I too find RM prices today to be ridiculous. however, I only feel that way about them because they are the most outrageous compared to the competition. now let's backtrack a bit. for people not into watches, a Rolex is c... 

RM to me is all about comfort n ease of wearing..

 
 By: Fjan : December 4th, 2017-20:52
I am not into the complications. I buy RM for the comfort on the wrist. I second Mr Richard Mille believe in luxury is ease of wear n comfort is priceless. I see RM basically have two different lines. One is complication/hi-tech n the other is comfort/lux... 

Someone will be at the chantilly event tomorrow ?

 
 By: matthieu14 : September 9th, 2017-03:14
I will be there !

I won't but have a good time there!

 
 By: Mark in Paris : September 9th, 2017-06:37
It will be a very nice Sunday activity for sure, if the weather is ok :p Best, Mark

It was an amazing event !

 
 By: matthieu14 : September 12th, 2017-07:54
A picture of @easytowatch and me with the Parmigiani Fleurier Tonda and 2 two VIP RM ...  

Excellent shot, thank you!

 
 By: Mark in Paris : September 12th, 2017-08:01
It seems you didn't have too much rain. I imagine the cars and events were great to attend. Thanks again Best, Mark

I dit not have the rain, lucky us !

 
 By: matthieu14 : September 12th, 2017-08:14
It was my first time here, and I will come back. Cars, animations, planning, everything was perfect

I think we'll have official pictures soon, I'm eager to see them :)

 
 By: Mark in Paris : September 12th, 2017-10:18
I forgot to congratulate you for the Parmigiani, they are very interesting pieces and have a nice boutique in Paris. Thanks! Best, Mark

Indeed I am boutique manager of Parmigiani Fleurier in Paris :)

 
 By: matthieu14 : September 13th, 2017-02:06
Best regards Matthieu

I see, congratulations :) [nt]

 
 By: Mark in Paris : September 13th, 2017-06:47

Very good dialogue in the comments Mark

 
 By: Joepny : September 9th, 2017-06:19
you present a fair picture for the brand and its fans. I recently got to try a few RM pieces on at an AD thanks to the help of Padj and the lightness of construction & potential comfort are top class. Some personal ovservations: Both RM and FP Journe watc... 

This is an interesting comparision

 
 By: Mark in Paris : September 11th, 2017-08:11
There are of course significant differences but the parallel is well spoted imho. I agree with all you said. The brand has brought a lot and, with its success (well deserved and based on the technical aspects) and considering the high price luxury market ... 

Agree, Mark, RM need to be very smart about growth

 
 By: Joepny : September 11th, 2017-09:16
NYTimes did an interview with Monsieur Mille back in March 2017 and it was indicated that RM will produce 4,000 watches this year. Two years ago it was reported 3,200 watches. That is 25% growth in two years which is phenomenal considering the worldwide s... 

I see your enthusiasm for RM

 
 By: Joepny : September 11th, 2017-17:06
and I understand tribalism in watch collecting where everyone really loves their favorite brand & gets fired up about it, but let's not categorically put down watches by cost or insinuate that there's something indignant about people who buy a watch that ... 

I understand. I've had lunch with Papi, owned more AP's than I can count and know the whole history quite well :-) I see you are here to troll...so have at it. [nt]

 
 By: texex91 : September 11th, 2017-18:29
No more replies from me in this thread...going down hill quickly. But I will say I enjoyed lunch with Papi--a true genius. ...  

🤦‍♂️ huh I am not trolling

 
 By: Joepny : September 12th, 2017-05:43
You missed the parts where I wrote that I think RM construction are top class and Richard Mille is envied for his success. You may be using the term troll too liberally. On PPro we can have passionate debates supported by facts and/or reasoned perspective... 

sorry but what's the point

 
 By: gcTIME : December 2nd, 2017-09:03
of posting the picture? if you want to make the point I think you want to make, at least post one where you are in it. LOL

Well, yes, they've been growing very quickly since the last 15 years or so

 
 By: Mark in Paris : September 12th, 2017-10:32
I think that this figure has to be also taken in the perspective of the growth in demand, considering they are known more and more. When I bought my RM035 in 2012, it was much less so and such brand becoming more and more famous leads to a demand that all... 

+1

 
 By: Joepny : September 13th, 2017-04:50
👍😀

You might be right

 
 By: Joepny : September 11th, 2017-17:12
then again who really knows. The history of Swiss watchmaking is littered with glorious brands that have faced failure/decline after decades of success: Breguet, Blancpain, Angelus, Minerva to name a few I know about. Even the great maisons like Patek, AP... 

I do not think FPJ would disappear, at least I hope not. Even though FPJ and RM are very different and in my opinion is difficult to make a comparison. Personally I would chose FPJ without hesitation, because the man is the most remarkable and eminent

 
 By: Freccero : September 12th, 2017-04:35
Watchmaker of our times, which was able to develop its own design in his watches above all the mechanical wonders with which its watches are equipped. I am a huge fan of Indies not only classic-inspired brand like FPJ Laurent Ferrier and Moser but I also ... 

Some of these new models look funky

 
 By: AnthonyTsai : September 9th, 2017-09:24
Since Richard Mille doesn't make too many watches and models each year, I understand the logic of mixing and matching different materials and color combinations. However, some of these I feel are going a tad too far - too out there IMO. The color combinat... 

Most of these models pictured have been out for a while.

 
 By: texex91 : September 9th, 2017-17:56
RM is going a great job of controlling inventory and demand. They are all selling at full price and impossible to find. I love what RM is doing right now--and even raised the price by $20k on 011-03 NTPT before release. Making money hand over fist and spe... 

Well, this is the kind of question we have quite regularly, with many brands indeed...

 
 By: Mark in Paris : September 11th, 2017-08:22
and especially when daring novelties are launched, whether the brand is traditional or Indy-like. I often ask myself when dealing with aesthetics, colors and other decoration markers, if this would look "normal" for someone with a completely different bac...