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WATCH PRICE INCREASES EXPLAINED & They will only get more expensive
DescriptionRolex prices, Seiko prices, Grand Seiko, Tudor, JLC prices (MSRP, retail) are all going UP. Something I've been noticing these past couple years is the price increases on my favourite brands, not in line with inflation at all. Here are some of the reasons why I think this is happening: 1. Volume is going down, and pricMore
Rolex prices, Seiko prices, Grand Seiko, Tudor, JLC prices (MSRP, retail) are all going UP. Something I've been noticing these past couple years is the price increases on my favourite brands, not in line with inflation at all. Here are some of the reasons why I think this is happening: 1. Volume is going down, and prices are going UP, 2. supply chain issues, 3. More consumers are choosing from less brands. So, let's break this down!
Just a couple of things to note: 1. I am NOT talking about secondary prices in this video. I know I've gotten myself in trouble with that before ;) haha, but this is just quantifiable MSRP/retail and using the Morgan Stanley "State of the Swiss Watch Industry Report". So if you're thinking "but griiiinga, you said...." .... Yeah, that's not what this video is about.
And 2. I am not the voice of God! I get things wrong ALL THE TIME! Do you think I am off the mark?! Is there any big factors that I missed?! Comment it down below!
SOURCES:
https://iflwatches.com/blogs/news/top-swiss-watch-brands-2022-a-report-by-morgan-stanley
https://professionalwatches.com/morgan-stanleys-top-20-swiss-watch-company-ranking-for-2023/
https://watchesbysjx.com/2023/03/morgan-stanley-watch-industry-report-2023.html
https://watchesbysjx.com/2023/03/morgan-stanley-watch-industry-report-2023.html
https://www.fratellowatches.com/life-is-getting-more-expensive-and-watches-are-too-price-increases-from-omega-rolex-and-tudor/#gref
https://www.fratellowatches.com/frat
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