Most insightful comments about the brand.

May 19, 2019,15:48 PM
 

Rolex has become a caricature of itself in the past several years:


To the non-WIS, it once represented the pinnacle of a "nice" watch acquisition if one wanted to treat or award oneself with a nice watch, for any or no reason at all, since, assuming one liked its design language, the brand held the trifecta of luxury, reliability and recognition.

One could walk into an AD, with no a priori status/relationship to the AD, be treated fairly well, purchase one's desired piece, and walk out of the AD into the sunset with watch in hand, have one's "one and done" nice watch, maybe never buy another Rolex again, yet leave both parties, i.e. customer and retailer, pleased with the transaction.

Today, that type of customer has no chance in hell of such a smooth, seamless and often self-limited transaction to acquire a Rolex watch.

What about the customer who desires a certain Rolex, but has never ever purchased a Rolex, and so today tries to make him/herself known to an AD, to hopefully increase his/her odds of being called when such a model is delivered to that AD's shop? He/she may return week after week, month after month, expressing interest, humility, prostrating him/herself to the AD, hoping that the AD will have pity on the poor fool and one day award him/her with that first desired Rolex! So much for the retailer working to make the customer happy and satisfied... a complete reversal of any normal service organization model.

Or, the AD will with no embarrassment inform said sad sack customer that if one were to buy, say 5 "less popular" Rolex watches, or 5 Rolex watches that the AD has had in its showcases for X months/years (and no one else has wanted in that time), well then, the AD would certainly put Mr Customer in his "preferred" client book and the Rolex watch that said customer really only wanted should be available in... 2-6 years!

As I have noted in prior threads, I own no Rolex watches, new or old, bought or gifted, from ADs or the gray market. However, I have purchased two Tudor watches from an AD who also is a Rolex AD. So I wonder, if and when a new stainless steel Rolex comes to market that appeals to me (enough) to want to actually buy it, will my prior Tudor purchases from that AD be enough for the dealer to sell me that Rolex in a timely manner when it is delivered to the AD?

I have been told that currently, Rolex (and Tudor) ADs can tell their national distributors which Rolex/Tudor models they want/need in their store, but the ADs are entirely at the mercy of Rolex in that they never know when or which pieces will be delivered... only when the delivery man drops off a package to the AD, and the dealer opens that package, does the dealer know what piece or pieces Rolex has been magnanimous enough to ship.

This is no way for ADs to run a business, and leaves the potential Rolex consumer (at least those who are neither celebrities, preferred customers or ambassadors) less than enamored by the brand. And Rolex continues to care not about the situation one iota.

A curious way to run what many consider the best name recognition luxury brand in the world. And it seems no end to this quandary is in sight!


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Baselworld 2019: Rolex

 
 By: foversta : May 19th, 2019-12:26
Despite its significant production, Rolex presents finally few novelties every year. The ratio of number of novelties / annual overall production must be among the lowest in the industry. A sign doesn't deceive: when I leave Basel, I have a clear vision o...  

+1 👍

 
 By: Cpt Scarlet : May 19th, 2019-14:40
No message body

Thanks for a nice review and for what are, in my opinion, some excellent considerations regarding the Rolex production (and philosophy).

 
 By: FabR : May 19th, 2019-13:33
Let me only add here that some of the general points you make also apply to Patek, and that these two brands are indeed unique in having achieved such a clear, successful, and time-tested identity. As you say, a strategy to constantly improve without ever... 

I have to say, the meteorite GMT is growing on me.

 
 By: BMR : May 19th, 2019-13:41
My biggest criticism is the use of white gold vs. steel. The positioning in the market in WG puts it against some very intense competition. In steel, and the assumed positioning that would imply, would make it much more convincing, in my opinion. In steel... 

Thank you for this summary

 
 By: COUNT DE MONET : May 19th, 2019-13:54
I am sure the SD 43 will look more convincing with a blue sunburst dial and much more maritime. The Meteorite GMT is like strawberries and cream: delicious!

I totally agree 🥂 [nt]

 
 By: Cpt Scarlet : May 19th, 2019-14:41

Most insightful comments about the brand.

 
 By: remarque : May 19th, 2019-15:48
Rolex has become a caricature of itself in the past several years: To the non-WIS, it once represented the pinnacle of a "nice" watch acquisition if one wanted to treat or award oneself with a nice watch, for any or no reason at all, since, assuming one l... 

That steel gmt BLNR is fantastic

 
 By: Bruno.M1 : May 20th, 2019-00:07
the meteorite dial is nice but I prefer a simple black dial Love my Pepsi GMT and this BLNR will be a great companion

The Meteorite GMT is visually delicious.

 
 By: mrds : May 20th, 2019-07:38
I wouldn‘t have imagined this dial works so well on a GMT. It really does. While it brings a totally new esthetic quality to this watch. I would constantly gaze at it for sure. My only criticism is that for me it wouldn‘t work anymore as a travel watch. N... 

Thanks Daniel!

 
 By: foversta : May 20th, 2019-12:14
About the YM 42, when I wore it I then had the feeling that the YM 40 was too small and not this one too big. Actually, Rolex managed to keep the proportions. For me it works very fine. Thanks! Fx