7 Annoying Things I Hate About the Watch Industry
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- เผยแพร่เมื่อ 23 ก.ค. 2024
- As this channel has grown, watches have become something more than a passion and hobby for me, but a career. And with this, there are things that I am concerned and annoyed about going forward that I hope are addressed by brands. Here is my rant... what are your thoughts?
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#1 Annoyance: As a woman, having to go to the “Men’s” section of watch sites in order to find the cooler watches and then finding that 70% of their selection is 42mm in size or more....
Thank you for your comment! Take Omega as an example. I really wanted an Omega Seamaster 300 so I scrolled through the catalogue. What did I saw? Half of them are 42.5mm, with almost the rest of them being embroided with diamonds. Only one watch isn't and it was a 34mm variation with stainless steel and a white dial. That's it.
Yessss!!!
Check UNDONE. They have male-ish watches for women.
Also, if it annoys you, write an email to respective watch companies.
Ahh yes!!! really want the Mondaine STOP2go but it only comes in 42mm 🤷♀️
I'm a small man. Not a hobbit mind you, but even a 40mm watch looks too big on me, so I share your frustration. Shoes come in different sizes. Why not wristwatches?
My favorite you didn’t mention was “here’s the same watch we’ve been selling for the last 5 years, but with a different bracelet/seconds hand/bezel color.
Also on the social media point, what is frustrating are all the “BrandUSA/BrandEurope/BrandUK/BrandJapan/BrandAustralia” sub accounts with different content and no unified message of the main brand.
Haha like I said, could have mentioned more. I do think there are the some issues here, but I think it would be bad for me to call it out since I think most of us applaud the classic designs and don’t necessarily like new. Look at the code 11.59 haha.
Totally agree about the alternative social media branding.
Well, in their defence, the cost and time investment it takes to develop a new movement is considerable. Testing especially, since it involves a lot of waiting. There's not a lot else that can be done to keep things fresh in the meantime.
Word, my brother.
I hate how the massive conglomerate watch companies are squeezing the independent watch repairers like myself. It's increasingly difficult to source parts and information for watch repair. This is being done in hope that owners will send watches to their in-house service.
I feel you. I do mechanical wristwatch repair / service myself as an hobby (mainly on my collection and thanks to the relatively cheap replicas that I got years ago that let me learn how to tinker without too much worries) and I just get mad that I can't buy a damn hand or reversing wheel because they want to rule the market. And for people that do this for living it's even more tragic.
I would much rather pay my local watchmaker to repair my watch, even if it cost the same amount. I have gone to the same watchmaker for 25 years, and I see him at least a few times a year, and his is the last retail business that I still have a personal relationship with. He knows my priorities, and understands that I don't want my watch case polished, or if I do, I will ask. I really just want the innards to work correctly and efficiently.
Where are you based?
@@diegoog3654 Manhattan
As a watch enthusiast for half a century I agree with you. I used to spend a great deal of time (pardon the pun) in Geneva, and was fortunate enough to know several members of the families who actually built the industry. At the beginning, almost all the firms were 100% family owned, but in the 1980's the business changed in that a great deal of investment was needed not only to expand, but utilize CAD and CNC digital equipment to achieve even higher quality standards. I love independent watchmakers. The problem is that the manufacturers are not required to supply them with parts, equipment and documentation required to service their pieces properly. This is huge problem for those who have significant collections of fine movements or complications. The investment in facilities and people to perform deep overhaul work is impressive, and many times essential. While I continue to use the services of my trusted craftsmen, as I have two pieces in service today, for specialized service of ultra-thins, I have no alternative other than to send them to the manufacturer where they have the expertise. My watchmakers have expressed their thoughts in that the trade may be viable for perhaps another generation and then it will be finished. Watches today are not nearly as popular among young people today with their smartphones. How sad.
It is funny, I would have never got into mechanical watches if there wasn't an Amazon grey market and TH-cam watch hobbyists. All the b&m stores, magazines and billboard ads did not make me buy a Seiko, Tudor or Hamilton, TH-cam and Amazon did. Also, I am almost 50 and I can't tell you the last time I bought a magazine. Not only me but my kids are using TH-cam more and more, and yes I have teens who like mechanical watches. Teddy you have some solid points.
Exactly. I never really wanted to buy a watch before, but then I started seeing the online advertising from fashion brands like MVMT, and I was interested. Then I did some research and got into watches way more through youtube, and now I own a seiko 5.
Squidward's Testicles I have a Seiko SKX and it’s bloody amazing, popped on a custom bezel and bracelet and it’s so cool
Otto Lehmann Nice. Mine’s the snkl50 and I put a leather strap on it. It looks amazing.
Squidward's Testicles awesome
53 yrs old, use laptop every day to view the stuff I like, have not purchased a magazine for years..
Haha love it! I don’t think you’re alone at all.
@@TeddyBaldassarre Nope, me neither!! Have just been made redundant at work, so have to face the real world for a while, no watch purchases until some money comes in, but will keep watching!!
@@philbunt3870 Same here. The only time I hold printed magazine is on the airplane to see the Duty Free :)
Same here, Phil.
Same age group; I get The Times (for free) every Saturday and the watch ads in the magazine have not changed one jot in decades. Come to that the products haven't moved on much either. Complacency is the um ... watchword.
This is why I like the Micro Brands. Yes, they're not most ppl's cup of tea...but consider this : 1. Middle Men are excluded, giving you lower mark up price for your timepiece. 2. You can ACTUALLY BUY what's advertised online. 3. Value for Money proposition pieces. 4. Better Marketing ( Take my money please ). 5. Better Customer Service and Customer Support. The list just goes on.
And one more point, they are willing to take risks with both designs and marketing their products to consumers. At least the good ones do
Yes. Totally agree with you.
...also worth mentioning, you're buying something that's not omnipresent. Rolex produce 1 million watches a year, they're everywhere, despite their price point.
I totally agree, my most recent watch purchases were Spinnaker Fleuss, Karlskrona Midnattssol, Phoibos Wave Master. I also like Dan Henry, Helson, Maen, Boldr, and Helm, but they are all doing some interesting things. The only knock on some of them, is their inventory and availability. The biggest brand I have purchased from in the last two years was a Henry London Knightsbridge Moonphase.
MrShinobi797 Do you have any good recommendations for micro brands? Although I love watches and know the major brands and some smaller ones, the micro brands are something I’m just finding difficult to find information about.
I was ready to buy a Rolex Batman after saving my money for a long time, and then I. Go to a dealer and I can’t buy one, so it’s either wait years to get one or just buy another watch, so I bought myself an omega seamaster and Rolex lost a customer
I think that Rolex artificially limiting supply is something that may help some AD's in the short run (they can charge a premium or discount less off of list due to "demand outstripping supply,") but in the long run I've heard enough people have the exact same experience as you to think that it's a losing strategy, long-term.
If you're in the business of providing a product for sale to customers, and customers can't buy your product but can buy your competitor's... seems like bad business to me.
Well done amigo, it's a ridiculous practice not to have the popular models on stock or at the very least this be available at the most in a couple of months to a paying customer.
3guys - yes, that's the way it always is. I hope you enjoy the Omega. It's entirely possible that you will now become an Omega-fan (when you might have been a Rolex-fan) and even your kids might end up becoming lifelong Omega people. If that's the way Rolex wants to treat you, fine, there's other companies out there.
You are not alone in this. I think Rolex is winning in the short term, but they're losing in the long term as the unavailability of their watches is driving people like us away, maybe never to return as we find other brands to become loyal to.
Go to DaddyCode Watch Mods Instagram and see how much a Seiko mod Batman costs. Clue: Not 8000 dollars :D
You don’t think Kylie Jenner can just post a picture of her cheek? The entire family business was started by her sister’s cheeks 😉😁
Not that cheek 😂 lol
Inner cheek or outer cheek?
You win this comment section, sir
LOL!
I read today papa Jenner has a room full of evidence that would have had OJ convicted for murdering his wife... Somehow I don't believe it, because Kim didn't put any of it on Ebay as yet...
>Cartier destroys watches to sustain value
"I think we're reaching a breaking point here"
Nice one Teddy :P
;)
I would hope history has shown smart people that destroying inventory to support prices is a horrible idea...read up on pigs during the 1930s in USA for the worst example.
@@VinceRegan well I heard a lot of the meat was at least given out for free. Destroying finished watches on the other hand it just complete atrocity
So, the big question is, Cartier melting the re purchased watches down or just stripping the parts out for later use?
My favourite TH-camrs are people like you who talk about their passion. Edit: Just back from Rolex's website and feeling as if I were trying navigate through a maze. I've been on the Internet since 1997...
1. Seiko refusing to put bloody sapphire in more of their watches!
AMEN, these brands do NOT seek out younger watch enthusiasts. It’s a shame, because fashion brands are saturating the market with crappy movements that appeal to younger people. I think watch brands should take notice of their younger audience because if they don’t, their older audience will eventually die off and they will lose their footing.
The classic brands, rightly so, do not typically seek out the younger watch enthusiasts by radically changing their look; they "allow" the younger enthusiasts to seek them out!
Also, when I purchase a Patek Philippe, I want that watch ( perhaps a Perpetual Calendar ) to look like a PATEK PHILLIPE and not like a wrist clock worn by a high school freshman!
Don't worry, when the young kids buy their Michael Kors, Invictas, MVMT POSs, and see how cheap the watches are ( and how no one gives them any respect ) they will seek out Zenith, Omega, Audemars Piguet, Jaeger Lecoultre, or even Seiko, Orient, or Vostok !
As far as the older customers dying off: Vacheron Constantin has been selling their timepieces for over 250 years, can we assume they have some seriously old customers?
I think they do that because they wouldn't profit as much if they sought out younger people. Younger people (highschool and university students) don't have much money and when they do they spend it on a phone/laptop/travelling. This makes sense because when you're on a budget a mechanical watch that can't even tell time correctly isn't your top priority. Older people on the other hand have some saved up cash and they want to spend it on something that makes them happy even though they don't need it at all.
Yes. Younger generations will increasingly recognize luxury brands as nothing more than gaudy "brands" that rappers & celebrities flaunt to show their material "wealth". Luxury brands will become not symbols of achievement, but rather symbols of excess. When younger generations come of age, they will _avoid_ luxury watches (as opposed to _merely ignoring them_ as they do today).
"Luxury brands will become not symbols of achievement, but rather symbols of excess. " -- ROFL. Move to Venezuela. Seriously, who do you think all the rappers appeal to? My generation? Are you kidding? They appeal to young people because they are dumb.
@Truthfears Guilty it's because we had shitty parents. thanks dad.
Gosh man, hit the nail straight on the head. I want my kids and grandkids to have the same passion for horology that I do, but if these brands don’t get with the times, a big change will come... and not for the better.
Not actually the industry, but the community in general is plagued with snobs and it's really sad. The fact that you and other person share the same passion should be something that pull us together but instead we fight over the most miniscule of details.
I much rather talk to a dude wearing an "invita pro diver" and loving it for what it is than someone wearing a submariner that can barely tell the hour and just bought it because it was a "rolex"
Amen to that dude. I think the differing opinions is what makes this fun but I think that turns into unnecessary conflict and personal attacks. It probably does impact how the brands operate in the end.
This could be seen as what you posted about, but would anyone who really cares for watches buy a Invicta? On the other hand, yes, no fun with the "its a rolex, thats all I care for"-people either.
@@Fonetiker invicta pro diver is cool, the others aren't
I love my Invicta Diver Pro. I bought it on Ebay just to get another automatic when I was first getting into auto watches and because it has the window so I can see the movement. The thing is amazing. It keeps time almost to the second for as long as I wear it and it looks cool. It is versatile with many strap options and just a solid time piece. Aside from Invicia's "gaudy" branding on many of their watches, they make a hell of a good watch.
Because it was a rolex people are not the snobs I think? I thought the snobs are the people who knows which watches have money and slanders cheap watches.
This video explained why mvmt type brands are so successful. Traditional brands are so stuck in the past that blows my mine as well. Good job on the video.
I can tell you why marketing departments advertise in print media. They target magazines that business people traveling on planes get. They are captive and well selected audience, and they will stare at those ads out of boredom.
I have been to a Rolex AD, trying on a couple of watchers (the first! Rolex i have seen/felt AFK in my life) it came down to a couple (you could buy) But I know it was not even all models of the range, and I could not make up my mind on the two. So ended up saying... I can’t decide, I have to come back.
Boy! that changes my experience, the AD lady was pissed! Almost trying to bully me into buying it, not very low-key calling me cheap/poor... After that I seriously considered if! I even wanted a Rolex... :(
Ps. I ended up buying a more expensive model the the one the AD showed me, but NOT from that store
If Richemont / Cartier can buy back and destroy $600 M equiv to preserve market value, I imagine the profit margin must be huge while cost of production of their watches may be really low or negligible.
Good point. Means the prices they're selling their watches at are waaaaay inflated.
You mean they are the MVMT of the heritage/luxury watch world?
When I first saw the thumbnail but before reading the entire title, I expected it to say “Seven annoying things I hate about my hair.” 😂
Hahaha the hair actually looked good when I strategically ran my hands through it to tease the look of being annoyed.
Hahaha same here
If this would’ve been the case, I still would’ve watched it. I’ve definitely got 7 or more things I hate about my hair lmao.
You talked about the used watches serviced buy the manufacturer. That would be cool. Like how Mercedes has certified used cars. 👍
same with them not respecting the classic car market. Porsche is renowned for their classics, as is MB also.
Top rate Teddy, all great, and valid points. As one of those middle-aged consumers, having a personal touch to a more hand crafted product remains the most important to me.
Wow, there was a lot there, Teddy. Funny point about the magazine ad budget. I’m 65 and haven’t bought a magazine in 5 years.
Teddy, I think you really are helping to bring the discussion to the forefront on some of these issues. One thing I have noticed about the boutique sales model for exclusive and restored pieces is that it tends to ignore those who aren't simply flying out on a charter or their private jet to the Hong Kong boutique to snatch up before lunch. I feel that by and large this aspect of the model will not change much. Great video, keep up the thoughtful and thorough productions.
One of these watch companies need to hire you. Great video.
You already know, Teddy. I'm always here early. Loving the content as always! You're well on your way to 100k!
Always appreciate it Aidan. Let’s make it happen!
Thanks for doing this video. The passion you have for this industry shows in your attention and attitude
I have enjoyed many of your content and this one has made me much more glad to have found you.
Unfortunately I don’t have very deep pockets and will have to be one of those guys that enjoys many lesser expensive models so I can change up my look each day to fit my mood.
Somehow you never fail to bring insightful content Teddy!
Mr. Baldassarre: Your points were simple yet profound. Some watch companies seem like out of touch politicians, giving us what they want, rather than what we want.
And regarding not marketing to younger generations because they don't think younger folks won't buy a watch--it's a self fulfilling prophecy. If you don't market, you won't sell.
So true... also all this generations nonsense is overrated. It’s changing times just as it is changing people.
Really insightful video, man. These are all things that have driven me crazy in my head for a long time now and it's definitely gratifying finally hearing someone say it all out loud. Really thoughtful content.
You’re best, most informative and heart felt video so far. Keep it up! I was also starting to look into opening an AD myself, but the hurdles the brands themselves put up, just makes it seem to be too much of a hassle. And it’s a dying business model, no matter how much I like the idea of having a home for selling my favorite watch brands.
Very good points Teddy! I have been frustrated by the way major watch brands treat the ADs and the trouble that causes with grew market. They definitely need to do something about this
Teddy B. The new Seiko Vice President Of customer engagement. 😁
great video highlighting the archaic practices of this industry i love!
You're summing up what I tried to articulated after visiting Baselworld and my experience with watchbrands on- and offline in general. Kudos from Switzerland to that metropolian area in Cleveland for elaborating those sharp thoughts!
Very good video with totally valid complaints. Thanks Teddy, and keep up the good work.
Thank you for posting this, as it confirmed many of the obstacles I've been facing while trying to do research on my my grandparent's watches (for repair, insurance and re-sell valuations). As a woman who has long appreciated the art and craft of timepieces and growing both my collection of pocketwatches, (Waltham, Molnija), and antique dress watches (Elgin, Gruen, Borel), my fascination for new and old continues to grow - as does my frustration around lack of reliable info, trustworthy vendors and shady repair specialists.
Hey Teddy. Great video as always!
You mentioned you went through the AD application process. Could you please elaborate in another video (or in a reply comment) so we can all have a better understanding of the process. I think it would help all of use to better understand why ADs behave the way they do.
Love the channel! :)
Wow...just wow. I'm a new watch aficionado and a big fan of your content (thank you). It's kind of alarming by these companies lack of awareness in this digital age. Very eye opening and I completely agree with you. I don't want find the industry just limping along. Teddy Baldassarre you have started a revolution
Brands will start to listen the more we speak up...
Haha, I appreciate how passionate you are when discussing your points. At times, it really looks like you're truly flustered about these issues. You actually look kind of pissed off 😁
Haha I mean no one is happy on a sinking ship 😂
@@TeddyBaldassarre Another valid point 😂
I love this channel, I've learned a lot about watches here. thanks! Your point about not supporting vintage watches is spot on. My grandfather gave me his 1976 Omega Constellation F300 Electronic (ST 198.0076). I can't find the right battery to put in it! How frustrating!
Wow, you've really upped the game in regards to your store. I love the new straps. Congratulations, Teddy! Keep it going, man.
Great video. You hit this one out the park. I hate the watch websites, hate the AD’s, especially the ones that are to busy pushing diamond rings and don’t know anything about their watches.
Omega has one thousand limited editions....
Pedro Saenz Just like the Limited Edition Vauxhall Corsa
@@Bonno95 aha good one
Pedro Saenz, but hé brands like Hublot and Richard Mille sell more limited editions then standard production models.
LOL right...
yeah that's pretty annoying
A great video, Teddy, packed with lots of insight. Probably one of your best. Would it bother you to know that I had to watch two commercials for mvmt and one for some wooden watches during your video? 😂
Hahaha that just proves my point even more 😂
Teddy, ive seen you be passionate about watches many times but THIS is different! I loves to see this reality check on the industry!!!! You clearly were on the verge of genuine anger. Good on you. Keep it up, brother!!!!
Brilliant, well said. You have a deep passion for watches. Maybe someone is listening. Cheers
This is the first time I've seen one of your videos, you've managed to articulate exactly the things that have bothered me with the industry for a while. I subscribed instantly!
Hopefully some watch brands listen and start to implement some of these ideas. Thank you for another excellent and thoughtful video Teddy :)
Great points, I couldn't agree with you more. The social media/website aspect especially hit it spot on for me, as I hate the cumbersome user experience that especially high end luxury brands have.
It feels like the way these brands work is just stuck in the past, and that's why I'm sadly seeing declining interest among people my age (17-18 yo) when it comes to actual watches. I am sad to say this but Daniel Wellington, Vincero, and MVMT watches know how to advertise in today's digital age, half of my friends wear one of their watches and think they got a great deal. When I spent $500 as my birthday present on a beautiful Junghans, they were astonished that I would waste that money on something that they felt they could get for $100. These established brands are making great products, but don't know how to interact with their customers.
Thanks for the great content, Teddy, I am sure you're gonna be the next TGV in the watch community, your production quality is off the charts and your content amazing.
Have a good day!
(It'd also be amazing if you could check out my watch page on instagram, @german.watches :)
I love Sinn....terrible website...tried to ask a question about a watch on Oris...still waiting....great video...your assessment is on point!
This is a very interesting and informative video. Probably my favourite that you have made, your passion really came through. PS Vinyl records sound unlike anything else, they sound fantastic providing providing you have the right equipment (Doesn't have to be overly expensive).
Awesome video. Regarding the vintage market, I like that it is enthusiast driven. Companies and brands are focused on looking forward (as they should be) whereas the collecting community is focused on the history, details, and minutia of the past. This may be cynical of me, but if the brands took greater control of the vintage market, they'd just screw it all up. When I go to the forum posts or the blogs, I know I'm getting information from a group of people who are only motivated by their love of watches or of a particular brand. There is no way Hamilton or Omega as corporate brands, the two vintage brands I focus on, would ever have the financial incentive to build as robust a resource that we enthusiasts have built for free that is also free to access. Much the same way I prefer watching your channel over the corporate brand channels.
Great topics, very well thought out and has given me a few new things to consider. Thanks for doing what you do Teddy.
WORD, Teddy!!👏🏻👏🏻I hope the watch industry are listening to you!!👏🏻👏🏻‼️‼️👏🏻😍😍
great episode. Well done job!!!
Bunch of GREAT points sir, I'm 53 yoa and have noticed some interesting things over the years. First, I have been to authorized dealers and most often the staff knows very little about the watches they are selling. Second, magazines are completely outdated, why even bother? Third, even though younger people may not have as much disposable income I would think that companies would want to target them as they age with promoting online and entry level models. Keep up the good work sir. BTW- bring back the girlfriend....;)
Great points about the training at ADs. Very true for some. Courtney will be back in sure
I actually think younger generations are a great market for entry level luxury watches, the one's that are truly around 1000 dollars. Many younger people have allowance and have their expenses all paid for so their income (if they work part time, i.e. college students) can all go towards non-essential goods. Just go look at all of the fancy stores on a weekend, most people shopping are under 30. I know so many people spending thousands of dollars on Guccis, Armanis, or even Supremes. If the watch companies can convince the younger generation that a thousand dollar watch that you can wear for decades is worth it, they should be able to get a significant amount of income.
Nice video Ted! Also what do you think about the FC-303MC4P5?
really loved this longer- personal video of yours.
would love to see more like this in the future.
Oh my gosh Teddy you’ve nailed it. Someone needed to do this video. Ive been an enthusiast for about a year or so now and living in Africa so you can imagine what the whole AD situation means. I relate to all your points and unbelievable that theres no support on vintage. Ive resolved ill collect a bunch of good quality Seikos that can be bought online and shipped to me. Guess luxury brands dont need new customers🤷🏾♂️
What an awesome and informative video! I think these companies would seriously benefit from watching this. You have a bright future ahead of you. Keep up the great work.
Best video you've produced. Really felt your passion for watches and improving the industry. All the things you mentioned are why microbrands are flourishing and will likely become (probably not for another generation) the next big brands. Love your work! Keep it up.
New subscriber here and really enjoying your content. Been a long time watch admirer but don't have a collection yet...taking a deep dive into field style timepieces :)
Lots of great points. I would be surprised if some of the watch companies don't reach out to you as a consultant for their marketing model.
Well you hit the nail on the head with this one mate! Well done, good job.
Great video Teddy! And a great channel for that matter.
One of these high end brands needs to hire you Teddy, because you are spot-on with your analysis of the status quo, and you have some great ideas on how to move the brands forward.
Hi Teddy can you show us what do you mean about quick release strap ... and how does it work... i was seeing SWL4 VINTAGE ITALIAN LEATHER QUICK RELEASE STRAP in brown... .. thanks a lot...maybe a short video will be cool.. or something. thanks.
Yeah I can do a video on it. However, it is really simple. It has a little knob on the back of the strap connected to the spring bar which allows you to change straps without a tool, just your hands. Really convenient!
Great video Teddy. Totally agree with all the points you made , well said esp with regards to their websites , hopeless in most cases.
For me , if watch brands are going to use an AD network as their primary route to market and sell their product, at the very least they should ensure that stock is available to see and you should be able to purchase within a reasonable timeframe. Would you wait months and months (maybe longer ) to purchase a particular model of car you liked?
Teddy, great video. Went straight into your strap store and I think it's a good start, especially the leather options. I was very happy to stumble upon, and was about to purchase the shark mesh bracelet but I didn't see a brushed option, to go with the watch I need to put in on. Please add this option and I will happily support your store. Take care and keep up the good work! Thanks
This is a great video and you've pointed out significant flaws in the old strategies that are present in watch makers and retailers alike. Thanks Teddy!
I love these videos more Economic focused. It's also what appeals in this industry, not just the end-product, but also how the perception of a brand and his business model, do affect the way different people behave. Not sure I said that well, but you got my point. Great content, bravo.
Love your passion, Teddy! Really excellent points. This video may end up getting you requests to interview with a few of the major brands. That said, you are a great example of an entrepreneur.
Nick Hayek Jr, HMU haha. Appreciate this Milton! Probably one of my favorite videos I have done because I was able to just riff.
You can develop the Swatch Group of the future. Hayek is in the past.
Great video and timely given my recent experience. Spoke to many Tudor ADs in my quest to buy a BB58 and I was shocked at the lack of communication between Tudor and the ADs, and the fact the ADs are too intimidated to do anything about it. It’s nothing more than arrogance on the part of the brand.
Longines actually has great support for their vintage watches. The offer a free "extract from the archive" as long as you provide photos, case serial numbers, and/or movement serial number. It takes a few weeks and the submission form is buried in their site, but I was able to get a record for three of my vintage Longines. One record even included the name and region of the original owner.
People dont realise Longines is the fourth biggest watch brand in the world, its routinely number 1 or 2 in asia largely because they really play to their history and keep it alive. (and do some things considerd odd in the west like model his and her paired watches).
Great video bro 👍 all very true observation, just recieved my second "of many to come" watch straps , can't believe the quality to price ...Excellent!!!
In addition, print/magazine ads? Look at the crappy MVMT & DW's - but they have such an online presence! On a differ topic, glad I kept our B&O 4002 tangental turntable. Thx Teddy!
Good point I didn’t even bring up. DW has built one of the fastest growing companies in the world...
Hey, Teddy.....you need to clean the sensor on your camera.....you've got some pretty heavy dust spots lurking in your background......look right by the part in your hair, then a bit over to the right and also back over to the left. Great channel, man. Really enjoy it!
Those are nails on the background actually. Rearranged the background a while back and that was the result. I should probably invest in a better piece of glass with a wider aperture .
This video is maybe one of your most original content and opinion of your vlog. Not many of this information told by other watch bloggers apart maybe some on Federico talks watches. Some brands like Audemars Piguet are already changing their selling model and experimenting direct selling also. Good job and good subject
That explains a lot! I was wondering why I had to go to a authorized dealer and why I saw brands online at a huge discount. I also agree that the websites for major brands suck. Gotta give it up to Casio for keeping it simple.
All very good points Ted, I especially agree that higher end brands should create an online buying platform and offer a lot more support and information regarding vintage pieces.
You are very good at what you do as apposed to the companies that make the watches. I hope they give you the opportunity to do what you do best because the whole industry can benefit from your vision. Keep up the great work!!!
Teddy, really excellent video, well thought out and you make some really valid points. Totally agree with you!
Way to go Teddy ! From pictures in caves to clay tablets to papyrus to newspapers to digital, great way to tell these relics to keep up with the times.
Thank you for this eye opener ...I myself always wondered why I was not able to just go on those web sites and purchase ..its annoying to have to visit an actual store ....also finally somebody explained the whole gray market situation ...thx again
hi Ted, great video as always, as your long time fan, may I ask you make a video of "ETA vs RONDA"? I think this would be a great video. I have no idea which one is better.
Fantastic video!!! So many great points! Thank you.
Teddy one of your top videos IMHO! Agree with you 100% about getting reliable info on vintage watches! As a fellow youtuber I can relate! Just did a collab with Sam from “The Casual Watch Reviewer”, in that video talked about the run dates of a particular model (got the info from a forum) and boy was I wrong!!! Keep it up my man!!
Thank you so much... I feel your pain completely
Teddy Baldassarre thanks for taking the time to reply to my comment !
One of the best, most insightful videos I've seen in a long time. We love this kind of smart content Teddy.
Very astute analysis Teddy.
Patek should hire you as their marketing executive! Watch companies are dinosaurs.
Haha thanks Blair. The Stern family can contact me whenever lol. I will say this, they are like Rolex as they can get away with more with less since they have a perception with those familiar that they sell a premium product. We will see how long this lasts though as I feel their biggest proponents now are older demographics and rappers who cover their watches with diamonds.
Exactly. And that’s a limited demographic. They just don’t get it.
Teddy, you offer great insight into what it takes to market and sell watches in the digital age. I agree, where is the human touch, that face to face interaction? I see You Tube channels on watches such as yours which do offer the history, some idea of watch scale and size, but when I buy a watch on line - it is a bit of a crap shoot so to speak. I have old quartz Seikos that may be older than you, that I purchased after seeing them and holding them, that I value more than my recent on line watch purchases.
Ad agencies and graphic designers are the ones who are promoting splashy print media campaigns. The luxury watch brands are rather clueless as to how to present their watch lines to the public any other way than splashy, expensive print ad campaigns. Your thoughts regarding how they can address and improve upon presenting their watches to the public is right on.
I don't get into duty free international airports often enough to visit watch boutiques and I would imagine they are real loss leaders for the watch companies who rent the space in an airport and then pay to staff them - see the IWC store in Schiphol Airport, Amsterdam.
Keep up the good work - I like your youthful creativity and enthusiasm. - RKL
Outstanding video Teddy👍👍
I'm actually writing a book about the watch market and some not so nice things some watch brands does to their clients, like, take advantage of the ignorance of their clients.
Good job Teddy.
This video is epic man; you nailed a majority of the issues with the current watch industry! They should totally hire you as a consultant haha.
Teddy where is the watch strap for the seiko beige from
Great job Teddy. I couldn’t agree more on the websites. Keep up the great content
Hi. Do you have any videos where you show how to change your straps for different brand’s of luxury watches please?
You keep being you and I’m pretty sure we will all keep coming back. (Of course having Courtney popping in now and then doesn’t hurt;))
Teddy, Thanks for another great entry! I have been building my collection for awhile now… Although it’s all entry level in mid range other than my beloveds vintage Omega... I find myself gravitating towards mid range micro brands even though I would very much like to consider some of the high-end established manufacturers… Reason being? Because the information is there and the stock is there to make the purchase… And just like you said the websites from any of the mid range my car brands are outstanding and allow you to purchase right on the site… I get so frustrated with that Rolex website that it’s probably discouraged me from making my first Rolex purchase. It’s hard to spend 6-8k For one of their entry level models And not have the ability to choose the configuration of that model and have The inventory to look at in store of the particular one you want within that model. Super super frustrating… Spending that much money on a luxury item needs to be made easier…
Wow...very thoughtful and interesting video; I'd say this is your best one. Extremely valid points and echoes my disappointment with many brands as well. This video should be mandatory for serious brands who want to make it into the market instead of being one-hit wonders. It's a wakeup call for established brands -- if they can see past their ego.
In my opinion the most surprising stat was that the high end luxury brands spent 55%+ on some type of print advertising. I personally don’t subscribe to a single print version of any publication.
I subscribe to plenty of digital version of publications because it is easier, I always have access to the materials, it’s more cost effective, easy to archive, etc etc.
You did a great “read” on the current climate of not only the watch industry but many long standing, generational businesses.
Keep up the great work producing content that is meaningful and easy to engage.