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

Sep 09, 2017,03:49 AM
 

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 when they could master the production of Ti for their cases (it wasn't as frequent to have Ti cases back then). Hence we had mainly Ti, WG, RG and a very few PT (some references had only less than 10 pieces in Pt).

With the market increase of the last decade, the brand has increased its production to around 3 000 pieces (and maybe around 3 500 recently).

From a long while there was only "classical" colours.

To understand what this brand is (even if it evolved with demand and success) you must know what the founder is. He is a very tasteful guy in terms of aesthetics (not only watches) and he is mainly a huge car fan. With the success of his brand he has been able to acquire racing cars among which famous old F1 cars that he has been able to resore. All came from this passion of Hi-tech engineered stuff.

And I must say I'm the same, this is maybe the reason why I like the brand. I see it differently. I'm not a engineer but I like planes, cars, boats, even talking about other mechanical stuff, science etc...

Hence, RM discovered that there was a place for a watch that would be like creating an F1 car. He brings Carbon when he can, Titanium for other elements than the case (baseplate) while trying to keep the watch resistant compared to what mechancial watches were known for. Like a kid.

Imagine that you say you want a movement with Ti inside, Carbon when we can (it wasn't available at the beginning) and let's play with all these Hi-Tech elements used in F1 but also planes, satelites etc... These materials have been developped by other fields so you only have to use them (and work the material which is not easy) after buying the right to do so of course.

These elements are good for communication and marketting of course but they are also very good for lightness, corrosion, wear and tear, shockproofness etc... Some materials they used were put in a very few watches only because too hard to shape with the available tools.

Here is a post I made about materials RM used if interested:  www.watchprosite.com

The result was the most confortable watches, very light, with very unusual materials and very resistant (for a mechanical watch of course). And the result was a huge cost because of the development needed and the volumes sold (sometimes 10 watches only).

Hence, the price, hence the technical choices. The price is a consequence of these technical choices and he felt at the beginning that their would be a market for this. So the problem of the price is not a problem for them. He someone thinks it is too expensive then he can look somewhere else. But there are people who have acquired already all kind of watches in the more traditional fields and who wishe to explore something else.

He was right and as in all luxury fields, the success brings success and high prices make a selection that attracts wealth as well.


It was a little long but, as time goes by, the materials have evolved, the demand has evolved and RM was able to introduce colors, especially with Ceramic.

The brand faced a problem with its low production volume and its low number of references (there were only around 20 different watches during the first 10 eyars). Indeed, the watches looked the same as they were recognizable from this tonneau-shaped specific case. Hence, it was alittle boring and he needed to bring more diversity.

Furthermore, as there were so many new materials, it was impossible to introduce all these versions in the standard collection.

Thus, instead of bring 100 watches in Ti or gold, you bring 70 in Ti or gold and the 30 remainings in something else (material or color). Hence, RM has a standard line (i.e. gold and Ti based cases) and adds from time to time models that are more difficult to produce or that they don't want to produce too much. Then, regularly, you have a different version with the Carbon NTPT case, or a Cermaic one (in different colors). Some are only available in some regions, other just for an event.

They are usual 10 to 50 pieces editions. The limit of their production capacity implies they have to limit the diversity.


I must say I like that. As a buyer, I wouldn't like that there are NTPT cases everywhere or blue ceramic cases only etc... Furthermore, I know there are many color combinations that I don't like, thus I'll have to wait for the Limited edition I like. It is better as you don't feel you have a watch produced at 100s of pieces, so you feel that you have something more personal.

If today RM remained only with Ti and gold cases I would think it is a lack of interest. If there were too many carbon cases, it wouldn't be interesting either and would become ordinary, in a certain way.

I'm glad to see there are different models and colors or versions of cars and I'm glad we can have a wider choice from RM.

However, you're not the only one and this is an observation that many express when looking at RM for the first times.

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...