There seems to be an issue with Rolex's supply
- logan2z
- IT Admin
- Posts: 11744
- Joined: Sat Nov 24, 2012 1:08 am
- Name: Andrew
- Location: SF Bay Area, CA
There seems to be an issue with Rolex's supply
Saw this posted on another forum today and thought it was humorous. Apparently this was shot at the Dubai Mall's Rolex Boutique today (purportedly the largest Rolex boutique in the world):
- JP Chestnut
- Posts: 17821
- Joined: Mon May 27, 2013 10:40 am
- Name: Jacob
- Location: Ithaca, NY USA
Re: There seems to be an issue with Rolex's supply
The safe in the back is overflowing.
Re: There seems to be an issue with Rolex's supply
Maybe it's a conscious minimalist artistic choice.
Re: There seems to be an issue with Rolex's supply
Customers are required to buy the one that is offered to get on the list for anything else.
The Hapa
- 59yukon01
- 1.21 gigawatts?!
- Posts: 10511
- Joined: Mon Jan 19, 2015 8:49 am
- Name: David
- Location: Louisville, KY
Re: There seems to be an issue with Rolex's supply
Probably some rich Saudi Prince bought them all with his oil money.
After all if the can pay $450 mil for a Leonardo da Vinci painting anything is possible.
After all if the can pay $450 mil for a Leonardo da Vinci painting anything is possible.
Re: There seems to be an issue with Rolex's supply
Very similar case at two Rolex AD’s I’ve visited in the Houston area recently.
Neither had any sports models - zero - not even a milguass
Neither had any sports models - zero - not even a milguass
- toxicavenger
- President Tranny
- Posts: 48114
- Joined: Fri Mar 12, 2010 8:25 am
- Name: HeadDIK
- Location: Colorado Springs
Re: There seems to be an issue with Rolex's supply
a bunch of ad's are closing also. i know two rolex certified repairs shops that had their parts account taken. rolex said they want to only send parts to RSC now.
Website: http://smallwhitestubbies.com/
Re: There seems to be an issue with Rolex's supply
This is the way to control your supply chain. Rolex serializes their products and I’m sure tracks which AD gets which serial number. They also track who purchases which serial number from the AD.toxicavenger wrote: ↑Fri May 17, 2019 8:37 pma bunch of ad's are closing also. i know two rolex certified repairs shops that had their parts account taken. rolex said they want to only send parts to RSC now.
When the watch comes in for service to RSC (now the only option), Rolex can check the current owner against the buyer in their records.
One or two non matching current owners versus buyers is probably nothing (gifts, flips, etc.), but if Rolex starts seeing a large enough number of watches coming in from owners not matching their list all with serial numbers linked to a single AD, they now have a clue about a potential grey market supplier.
- JP Chestnut
- Posts: 17821
- Joined: Mon May 27, 2013 10:40 am
- Name: Jacob
- Location: Ithaca, NY USA
Re: There seems to be an issue with Rolex's supply
^^^ that’s a good point, but Patek does it better. They actually get the new buyer to go online and register the warranty in their name at the time of purchase. That way they don’t need to wait until the watch comes in.
Re: There seems to be an issue with Rolex's supply
Wasn’t Rolex swiping the card or something like that at the point of sale to activate the warranty? The card for my Sub is in my name, but I have no idea what that would mean if I ever tried for warranty service since it was bought grey (back when there used to be actual discounts for doing that).JP Chestnut wrote:^^^ that’s a good point, but Patek does it better. They actually get the new buyer to go online and register the warranty in their name at the time of purchase. That way they don’t need to wait until the watch comes in.
- Todd
- JP Chestnut
- Posts: 17821
- Joined: Mon May 27, 2013 10:40 am
- Name: Jacob
- Location: Ithaca, NY USA
Re: There seems to be an issue with Rolex's supply
RSC Dallas doesn’t care about the name on the card. RSC NY will give you shit if your name isn’t on the card AND the AD isn’t from the USA, AND you don’t have the original sales recipe.Chocodove wrote: ↑Sat May 18, 2019 5:47 amWasn’t Rolex swiping the card or something like that at the point of sale to activate the warranty? The card for my Sub is in my name, but I have no idea what that would mean if I ever tried for warranty service since it was bought grey (back when there used to be actual discounts for doing that).JP Chestnut wrote:^^^ that’s a good point, but Patek does it better. They actually get the new buyer to go online and register the warranty in their name at the time of purchase. That way they don’t need to wait until the watch comes in.
The nice thing about Patek is their method is proactive, whereas Rolex requires the watch to come into an RSC before detecting the sale. Rolex are pretty reliable, so the vast majority of flipped watches won’t hit an RSC within five years.
Re: There seems to be an issue with Rolex's supply
I had the same experience with NY when I tried to use them a few years ago for a very minor issue (dust under crystal) for a watch under warranty. My name wasn’t on the card for that particular one and they gave me a real hassle. Dallas took care of it no questions asked. Sucked because at the time they were literally right around the corner from where I used to work.Seppia wrote:Fits with the experience I had when I tried to ask for some help in sizing a Tudor bracelet.JP Chestnut wrote:RSC NY will give you shit if your name isn’t on the card AND the AD isn’t from the USA, AND you don’t have the original sales recipe.
They were so disgustingly unpleasant that I ended up walking away and getting into the Wempe store across the street.
The guy was so nice I tipped him $30, and as a thank you he gave me the screwdriver as a gift.
I wouldn’t buy a Rolex from the NY store if it was the last one on earth.
- Todd
Re: There seems to be an issue with Rolex's supply
My AD hasn't seen a Pepsi since last October.
What the f was the point of showing watches at Basel if they don't sell them at AD. Maybe Basel should start inviting TRF dealers instead
What the f was the point of showing watches at Basel if they don't sell them at AD. Maybe Basel should start inviting TRF dealers instead
- toxicavenger
- President Tranny
- Posts: 48114
- Joined: Fri Mar 12, 2010 8:25 am
- Name: HeadDIK
- Location: Colorado Springs
Re: There seems to be an issue with Rolex's supply
Maybe true but these two sellers weren't selling anything to grey market sellers. Hell they could barely get stock to sell anything.Ryeguy wrote: ↑Sat May 18, 2019 4:05 amThis is the way to control your supply chain. Rolex serializes their products and I’m sure tracks which AD gets which serial number. They also track who purchases which serial number from the AD.toxicavenger wrote: ↑Fri May 17, 2019 8:37 pma bunch of ad's are closing also. i know two rolex certified repairs shops that had their parts account taken. rolex said they want to only send parts to RSC now.
When the watch comes in for service to RSC (now the only option), Rolex can check the current owner against the buyer in their records.
One or two non matching current owners versus buyers is probably nothing (gifts, flips, etc.), but if Rolex starts seeing a large enough number of watches coming in from owners not matching their list all with serial numbers linked to a single AD, they now have a clue about a potential grey market supplier.
Website: http://smallwhitestubbies.com/
Re: There seems to be an issue with Rolex's supply
Ryeguy wrote: ↑Sat May 18, 2019 4:05 amThis is the way to control your supply chain. Rolex serializes their products and I’m sure tracks which AD gets which serial number. They also track who purchases which serial number from the AD.toxicavenger wrote: ↑Fri May 17, 2019 8:37 pma bunch of ad's are closing also. i know two rolex certified repairs shops that had their parts account taken. rolex said they want to only send parts to RSC now.
When the watch comes in for service to RSC (now the only option), Rolex can check the current owner against the buyer in their records.
One or two non matching current owners versus buyers is probably nothing (gifts, flips, etc.), but if Rolex starts seeing a large enough number of watches coming in from owners not matching their list all with serial numbers linked to a single AD, they now have a clue about a potential grey market supplier.
Yes, but Rolex’s deliberate refusal to supply that’s incentivizing the grey market (at least in significant part).
Perhaps this is Rolex’s version of Burberry’s inventory burn.
Re: There seems to be an issue with Rolex's supply
There's a vindictive part of me that hopes Rolex's scheme backfires on them.
Re: There seems to be an issue with Rolex's supply
Punishing end users is the absolute wrong strategy. Rolex can certainly audit their AD’s and determine which ones sell quantity to single purchasers, then address the issue with those specific dealers.
- 1954Selmer
- Posts: 3544
- Joined: Sun Feb 02, 2014 12:07 pm
- Name: RC
Re: There seems to be an issue with Rolex's supply
I haven't noticed a supply problem, because I own the two greatest Rolex watches that God has created.
.
Re: There seems to be an issue with Rolex's supplys
Family owned AD recently shuttered store #3 of 3 in Sacramento. Now only their original store is open as they closed store #2 a couple years ago. They still have their AD status at the original store.
Devon’s in Stockton had a decent selection. ExpII, 1ea Exp1, Milgauss, and a bunch of precious metal. Would have been a great time to be made of money for a bundle deal as they had both green gmt and gold sub...
Devon’s in Stockton had a decent selection. ExpII, 1ea Exp1, Milgauss, and a bunch of precious metal. Would have been a great time to be made of money for a bundle deal as they had both green gmt and gold sub...
Who is online
Users browsing this forum: No registered users and 77 guests