Asking ROLEX Buyers How They Got RICH…
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- Опубліковано 10 вер 2024
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I went on streets of Sydney Asking Rolex watch buyers what they do for a living #luxury #rolex
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You don't have to be rich to buy a good watch, you just need to be sensible with money.
You picked the wrong side of the street. GS over Rolex any day of the week.
Yes, I'm a bit nerdy but that sweeping second hand is just 😍
7.30 - flipper alert 😂
The last guy was correct. To begin the purchase history, you need to build a very good relationship with the AD. This is how I got my first Rolex through an AD. previous ones were grey market.
This is why dhgate is my best friend wait time is like 2 to 6 months shipping
You don't have to be rich to own a Rolex. I have never made 6 figures in my life and I own several Rolex watches
Yeah, save 15k a year should be easy for most
"Grand Seiko is a collector's brand"
...
...
lol.
The guy with MAD1 red is the real boss here
Iykyk
So even the cheapest one you have to wait?
Rolex makes over 1 million watches per year, but they manufacture scarcity to maintain the aura of exclusivity around their brand. It's part of the marketing strategy of these brands to make their product more coveted by limiting who can purchase them. If you want to buy the model you want, they'll tell you it's not available - but that the model available is a starter watch, maybe about 5-10k. Then, over the years, you'll be recommended other watches they have in stock as you build a relationship with them. In truth, the starter watches they sell you are not worth very much at all - and can be purchased for cheaper on the grey market, which is a much better indication of market value. Like the guy in the video said, only a few particular models and styles will hold or increase in value.
To put it another way - Imagine you're Rolex and you want to make a lot of money and build a high-end luxury watch brand. People don't desire something they can have so easily - it's human nature to want things that are hard to obtain or exclusive. So you have to make the cool looking watches rare and limited. But how do you sell these? If you priced them at grey market prices, you might earn a little more for the rare ones, but then nobody would buy the starter watches. Not to mention, if it was always available in-store, it wouldn't be very 'exclusive'. So in order for Rolex to sell you this watch, they make you go the long way around - selling you on shitty watches over and over again, building this 'relationship' with you as the client/buyer and reinforcing that relationship by rewarding you from time-to-time with a deal on a rare model, worth a lot on the resale market, but only at retail pricing! You could spend $1 million to get a phone call that a rare $150k watch is on special at $50k, for example - although some have said they've spent more, and longer.
If you're serious about wanting a rolex - go to a dealer.
Kennedy by far the best AD in Sydney, Hour Glass being the worst.
BWAHAHAHAHA "ROLEX is a consumer's brand... GRAND SEIKO is a collectors brand" good try champ🤣
😂😂😂
6:22 man this is a animate character kinda guy 💅
"theres nothing for purchase im afraid"🤣
They didn't warm to him eh...
It works similarly to the Hermes’, from the starting point to purchase unwanted or less demanded models to build up the relation with the authorised dealers then by the time come the stronger profile of purchases make you to be eligible for being offered certain highly sought after models which has significant benefits from the secondary market
what are theser jackets you always wear? this and the black one?
i like g shock
The waitlist is non existent. Each Authorised Dealer has a different rule structure. It’s mainly purchase hustle but also can be about the relationship you create with specific reps, or whether you are likely to flip the watch for profit a few days after purchase which is frowned upon and can often get you blacklisted.
The bloke in the lambo has a daytona very rare piece 35k retail however that watch piece has increased the value exceptionally
It's a john Mayer daytona, it's not 35k retail price lmao...... more like 80k...
Retail on a "John Mayer" was UNDER 40k USD. You're confusing the RRP with the market value. Looks like a 116528H not a John Mayer btw. @@YoureInMySpotFBPAGE
daytona prices are slowly crashing
I like Breitling better.
When the guy said its an investment haha
How is it not an investment? These watches hold their value and sometimes go up in price. If you buy a Casio its worthless in one month
@@realzubidoo because look at the bloomberg watch index
Watches became a craze when the gov gave free money during pandemic after that prices dried up
Its lauaghable because when you lr in a bubble claiming your smart thats just timing and luck
Such as someone buying bitcoin when its $2 now its more
"Great for investments", meanwhile rolex prices dropped by 20% already. luxury watch prices are falling
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $485k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently
I've actually been looking into advisors lately, the news
I've been seeing in the market hasn't been so encouraging. who's the person guiding you?
The adviser I'm in touch with is CHRIS RYAN STEWART. He works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. For me, his strategy works hence my result. He provides entry and exit point for the securities I focus on.
pati filip is crazy 😭
What a load of BS!! I flew to NY last month and bought one on the day.....waiting list my arse!!!
The watch at 5:50 I think its a Rolex Cosmograph Daytona and it might be worth $50,000
i just walked in and got my deepsea, hopefully i can get a sub soon
first comment thats over 1 word 💀
C'mon Jamie - with UA-cam Money you should be able to afford a Rolex!
I'm thinking of buying a rolex.........for the last 50 years......and I'm still thinking, my chances don't look good . But l do get a laugh with people that buy the Chinese knock off rolex for bugger all.
he interviewed the same ethnic group lol
No he interviewed who was there, which included tradies and professionals.
Happy with my Casio
I am the customer, you as a store should cater and provide service to me. My time is worth more than your watch or any product.
You are nothing to me and no one should be begging for your product and wait for 5 years unless your product can save lives.
More Asians there than in Asia!
I assume cuz the AU is pretty close to them islands up north, and Asia is literally right there nearby them, ppl could literally sail on a boat to the AU, they would probably have a good amount of Asians, 4.6 mil, particularly the Chinese cuz they prob ain’t gonna make much back in China unless they CCP connected, or some big job or some counterfeiting boss over there
maybe most of the different ethnic Asian parents in au were war refugees, escaped the commies or came to the AU country for far better wages, and living standards is prob why u see plenty of them 🤔
dunno I ain’t from the AU, tho the host mentioned Sydney in the beginning
It’s only a investment if you find a buyer
Rolex cheaper than I thought...
=/ F... ROLEX!! " TOTALLY OVER PRICED " A WATCH THAT COSTS $350 TO MAKE & SELLS FOR $25,000
I own a 2 tone submariner and a diamond datejust from the money I made in ecom. Looking to get a Daytona next.
I got a replica and the reverse engineering is amazing, it looks and feels like the real deal
Gucci Watch = no style!!
Jamie so fine
It’s all about purchase history. I’ve never been into a store and I’m surprised they don’t explain that. Some psychological scheme they got going on there.
They want to suss out your reactions. If you're unfazed about waiting periods, that's a plus. They won't make you wait as long as they say, just trying to shake out the resellers. It's identical in the women's luxury handbag scene.
They hate resellers with a passion, which is fair enough. Resellers will leverage on making a watch immediately available for sale, so they charge a premium for that.
Overall though, it's all about what you have rather than what qualities you have as a person. JIMO. Interesting at first but then if you don't have anything to back you up, it's pretty empty.
Wow so inspiring ❤❤❤
😮😮😮
Criiiiiiiinge bro get a real job
He’s doing what he loves. Leave him alone.
@@Mateyfire the sooner someone tells him the truth the better off he’ll be
@@zz-.- that’s not true because if he can afford all this for his channel he’s probably doing fine.
@@Mateyfire what’s there to be proud of? The guy goes around asking people how much money they make. Shameless leech. Go contribute something to the world.
you probably just got blacklisted from that AD for filming like that, honestly just buy a replica next time your in China visiting your dad, if you get the call from an AD then buy one but enjoy a replica in the meantime, its not worth paying grey market resell prices
Nobody seems to talk about how hard it is to create these watches. I mean they are basically hand made and the demand is super high so it make sense that there is a wait.
They make 1 million plus per year. 6 or 8 years ago you could go in and buy some models off the floor at a discount.
@@cleverusernamecl5532 yes but that's if you add up all models. some I imagine they only make a few of, whereas, like an Explorer or OP is probably the vast majority. But I don't know for sure the breakouts because I don't think it's public.
lol they are mass made
Many of these people are not rich. They want people to think they are and then they drive home to their crappy apartment that they share with a bunch of roomates.
You should try do a interview with the Mexican hoon cartel
the leader is in gaol atm might be hard
@@mikecrf5020 how did he get caught?
no idea hes been away for a few months now
@@HangDangs4Life
@@HangDangs4Lifeby the police
@@OgglyGoogly obviously, but they always wear masks, never have number plates on there cars. I was asking what was his downfall.
6th...
My watch was from the cheapest line and cost $5,300 after tax. I literally just saved birthday money for several years and purchased it (with my husband adding an extra $1K plus). You don't need to be rich to purchase a Rolex.
Second 😂
As a Chinese, I will always subscribe your channel and hit the like button as I can.😀
first
😅
bloke in the lambo had a john mayer daytona, you can get a new 1 for around 150k AUD atm, no waitlist
Hello Jaimie good luck on your quest. Much love and respect! 😬🤘👍🫶
Just pay 💰 the agent dealer a few thousand or ten thousand through the back door 🚪 to get the Rolex watch ⌚! No waiting time 🕰 needed ! Unless you are famous or a celebrity then you don’t need to go through the back door 🚪 payment 💰 method to get the Rolex watch ⌚! I basically used the back door 🚪 method to buy a Rolex watch ⌚ for my wife ! Don’t quote me on this as I don’t want to get black listed by the Rolex agent dealer !