I USED TO WORK FOR ROLEX (PART 2) When does new Inventory arrive? How much does Rolex pay?
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- Опубліковано 3 тра 2024
- #rolex #viral
My experience working for Rolex - inside scoop on how much a Rolex Salesperson earns.
Best days to find new Inventory.. - Комедії
That last comment about people not knowing how the watch works is really frustrating for those of out there who can't afford one yet, and really appreciate the craftsmanship of a Rolex. Of course there are other brands out there, but no one really does it like them.
I was thinking of applying for a sales position at Rolex. All I have to do is look arrogant, and say “it’s for display only” and “we have the Datejust and Yacht-Master II available” easy job.
😂👌🏽
@@hawaiihardy7285I,m sick Hawaii hardy
"You want fries with that?"
Ha yes must be the easiest sales person job there is. You know, where you actually don't sell anything.
I wanted to buy a rolex for a long time. Travelled to 8 stores in 8 countries couldnt even get on a list. I had the money, got tired of the games and didnt want to pay a reseller. What a shame. I only wanted one watch to own and wear every day until I died. I got over trying and I will never buy one. Now I have a second hand omega. Its great. Probably wear it forever. It should have been a rokex but i stopped caring about it three yeats ago. Now I dont even look at the stores.
You made some interesting statements. I have 3 Rolex watches, the first was used in 1991, (S/G Datejust) I bought from my first bonus. The next was new 2008 (Explorer II) and the 3rd (S/G Submariner) was new 2017. At those times it was walk in, know what I wanted, bought it, walked out with it. I did not have to finance because to me, if I have to finance a watch, I can't afford it. All were from different stores in 2 different countries. A 4th Rolex I bought for my wife (S/G Datejust with diamonds) last year, again, a different store. I bought a Speedmaster from them and we talked about getting a Rolex for my wife. It was clear to me they were checking us out and said I could put in an order for the watch. We went back a week later to get the Speedmaster bracelet adjusted, and I brought up about my order for my wife's watch. Lo and behold, they said "just a minute" and got it from out back. I love watches, I've never sold one, I buy them to keep. They are a reflection/reminder of an event in my life.
Awesome thank you for sharing
I bought my Sub Date 116610LN in 2012 at the grey market. Price was 14 % below retail. I think those times will come again sooner or later.
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When people ask me why I bought such an expensive watch I tell them to each his own. Some people buy expensive motorcycles, cars, or other jewelry. I have always wanted a Rolex and bought my one and only sub mariner 25 years ago. Last year it quit working and I sent it in for its first ever service. Works as good as new now and the AD that was responsible for sending it in for service told me it’s now worth fives times what I paid for it. Not a bad investment in my eyes. Nothing else I own has appreciated like my Rolex. Won’t sell it ever but will pass it on to one of my children. I’m on the “list” supposedly for a new one but I don’t hold out hope that I will ever be called. Rolex is creating a false scarcity (lack of supply) issue with the watches to keep prices high. They wouldn’t do it if it wasn’t working for them. Same principle with diamonds. There is no true scarcity of diamonds. Just a highly controlled market by the diamond cartels. It’s all part of the “mystique” which we all buy into.
Hi, I’m enjoying this series of videos offering a view into the world of authorized dealers. Please keep the stories coming. 👍
Thank you very much. Will do 🤙🏽
Here in london 20 years ago it was mega easy, rolex's that were 5 years old would be stuck on a shelf and the premiums would be gone making the price way cheaper, fast forward to now some AD's even look at your CV to check if you are the real deal, its ridiculous
It’s so frustrating to be a fan of Rolex. I went into my AD three years ago for a submariner date and/or Daytona and after the three years was up, I still didn’t have one. The sales lady I initially met with never helped me and then retired. Now I’m told I have to start the whole process over again. I’ve never wanted to spend $15k+ more in my life. For the first time I’m considering moving away from the brand.
Wow, three years is a long time.
Literally got a Wimbledon 41 jubilee from my AD 5 months after meeting them. After I bought that I waited 7 months went there to look at jewelry. Told the sales person I had the money in a special account for the blue two tone sub. 7 minutes after I left they called me back to sell me the watch.
Try going to a different ad , I had a terrible experience with one in Tampa Florida. Then moved to Colorado they hook it up out here!
Spent 2 years on the wait list for my GMT Master 2 in Tulsa OK before I hit the call last November.
It’s frustrating I know. It’s why so many are moving away from Rolex. I ended up buying my Pepsi from a grey market reseller and paid a hefty premium. I justified it because I got a huge bonus at work, but really it left a sour taste in my mouth. But it’s a treasured watch of mine and I’ll never part with it. I bought it around the birth of my son and one day it will be his. But 🤫 don’t tell him 😂
I also have two Tudors and I feel I’ll probably buy more Tudor and not Rolex in the future. They have a similar feel albeit inferior in quality, and but enjoy wearing them.
You are making me buy an Omega the more I hear about this.
Cool video series. I bought my Sub in 2018, Etihad Towers location in Abu Dhabi. I was celebrating a professional achievement. I waited about 4 months to get it. I like the Sub because it looks like million other watches to the general public. Now and then someone with a good eye will comment “nice watch”. But it’s a generally understated piece. No regrets.
Congratulations, thank you for sharing.
Thank you for sharing. I got my two Rolex watches back in the early 2000's, when you could still get a nice Rolex from an honest seller and forged a long life relationship.
Day-Date and SS Submariner. I keep things simple as I'm not seeking validation.
Yeah…….. I’m a truck driver at the post office and I did not “wanna look rich” lol It’s people out here who just love to wear good and/or great quality watches, who treat themselves after certain successes, who are collectors. Not to take it there but as a black man from an urban area most of us aren’t left with homes, jewelry, furs, designer bags, shoot most of us don’t even have insurance policies. It’s definitely people who do it the right way.
I needed this video for the last bit “those wanting to look rich”. That put it in perspective for me - why do I really want this?
Now in my '70's, lusted after the Presidential Day Date in the '1960's and loved the brand. I became a true horological fan during the Pandemic and became very interested in other brands, simply because Rolex was so difficult to get. In a way I'm thankful nature took me to other manufacturers with equal or better movements. Even revolutionary movements like GS spring drive! Fascinating Hobby.
Love the stories! Please share more! Got my first rolex from my AD last year and its been slightly over a year and waiting for my next piece!
I always enjoy hearing the inside info on how the business model works. I agree. Upper middle class are buying most of these watches.
I must be an exception to the rule. I walked in to my local AD and had no purchase history. I talked to the salesperson and they asked why I was in the store. I told them that I had been saving up for years to buy my first Rolex. Walked out with my first luxury watch.
Probably won’t be getting another one anytime soon, but I had no idea that it was THIS bad.
Congratulations
@@hawaiihardy7285 Thank you very much. I loved listening to your videos.
I have 5 Rolex..2 gifts from my parents: wedding and medical degree, other 3 got myself from same AD for life accomplishments. Before Covid hype, it was somewhat easy, the first Rolex 2009 parents got $700 discount,,, 😅.. still have the receipt. Strangely, now it seems more rewarding, more genuine, the waiting, the journey, the Internet scrolling of the time piece you want, then getting that call from AD… memory 💯.. for me, nothing else but the Crown for sentimental value. the high quality craftsmanship and timeless design is just unmatched. Continue to keep in touch with your AD, and be realistic with your request, be patient, you’ll get the call. Cheers! Great video.
Awesome. Thanks for sharing
I always go gray market.
thank you for your honesty, great insight into the Rolex marketing machine
Thank you for sharing you experiences working for an AD. Very educational.
Mind you, there are a lot of butlers around the world who are wearing Rolex watches, just as a little Christmas gift from their bosses.
Astonishing to hear they're paying so little in such an expensive area and doing that kind of volume. I work at an AD in a suburban area and sold just over $900k last year. I've been there 3 years and made just about $60k
Thanks for sharing
No way you guys make 60k. That’s sounds so unbelievable
@@tosinn364 I know of a store 45min away that supposedly pays a bit more, but I'm currently less than 5min away from work. I like my schedule as well. It's not worth leaving. Also 60k where I live isn't a bad wage. My wife makes about the same and we're by no means loaded but we don't really worry about bills and have a comfortable life.
This job just makes me look rich because I've got tens of thousands of dollars in jewelry, but most of that I got for free.
60k seems very low
@@VectorSearch The only other jewelry store in the general area that would be worth working at and pay more would be 45min away. I'm currently about 5min away and have a good schedule. It's not worth it. I'm in an area where that's a descent wage. My wife makes about the same, and we're by no means loaded but we don't worry about bills and live comfortably. The tens of thousands of dollars I've accumulated in jewelry make me look rich, but most of it was free.
The last thing you said will really stick with me. Middle class people are buying and aspiring to this brand. This is also consistent with the comments on your first video.
The only thing affluent consumers really care about is differentiating themselves from the middle class. Even if that means not caring at all. Rolex is a middle class brand.
Yup, it's affordable luxury. Rich people start out with Patek, VC, AP or Richard Mille.
Nothing wrong with being middle-class. Middle-class in America can mean that you are very successful.
That's why the rich waste their money on RM.
@@g43654 Real rich people buy books, stocks, and rental properties and drive 10 year old cars. Nothing you would ever notice. People trying to look rich buy watches or jewelry.
Thanks very much for sharing your experiences! Very useful.
My pleasure!
Thanks so much for sharing the information. I learned a lot. Cheers!
Exhibition are sold as brand new pieces as well and sometimes converted to walk in purchase pieces. Along with sometimes being allocated to fullfill request.
Thank you for sharing your experiences! Very helpful!
My pleasure
Love the ending. Something I which I knew all along. Most people who buy these watches are the ones who can barely afford them. No different than departmental store employees saving up to buy a Louis Vuitton bag with their annual savings at the end of the year
super interesting, thx for sharing.
The two billionaires we recently met, both were not wearing watches. But pretty sure they had watch boxes.
Great info. I am in the Kalākaua location every year on our annual vacation to Hawaii looking for my chance to purchase as Rolex. The sales person has mentioned a few of your points to me in the store so it’s funny hearing you say it.
1. Delivery dates
2. Moving inventory
3. No watch nicknames in the AD
4. 48 hrs to show up if you get a call.
Great videos, thanks braddah! 🤙🏼
Great Video! I watched your Part 1 video and decided to take your advice! Our 30th wedding anniversary was coming up and we decided to visit our local AD. It worked! I was offered a DateJust to purchase! I think the keys are to be a nice guy, be sincere with your intentions and treat your sales associate with respect. Thanks again for the fine video.
Awesome thank you
First time listening to your UA-cam channels.👍🏻
Thank you
The stupidity of gameplay. Rolex loves to play games and we play into it. Meeting quotas? What do you mean meeting quotes? And then you turn around and say that they’re not able to sell the watches to the public? I feel sorry for the sales reps. And also for the public. I think that Rolex should be blackballed.
But that's the whole thing. This is what makes people want a Rolex. Because if you manage to get one in the end, you are parts of "the chosen".
Appreciate your honesty man! Interesting stuff.
Thanks for watching!
Aloha from the Netherlands! Thanks for your insight. As a half century long watch collector I can state you hit the bell. I collect for the movement, the complication or sheer simple quality. When I tell people I collect, 90% will ask the question “do you own a Rolex?” It is the myth around the brand that owning a Rolex means you’re rich. Not for nothing it is the most replicated brand.
Thank you for sharing.
Was just in Vegas for a friend's B day. Walked into an AD on Sat morning as they unlocked the door and to my amazement a nice shiny Sky-Dweller in case for sale! I snagged it immediately.
Lucky Saturday. Congratulations
@@hawaiihardy7285 Appreciate the video. Don’t agree about the statement that top 1% don’t buy Rolex. They do, they just also buy AP and P. Or they don’t buy watches at all. But I’m in LA so everyone is showboating, even the 1% haha.
@@retiredslo agree , yes of course in LA it’s different. Thank you 😊
@@hawaiihardy7285 Its different in a LOT of places. Not just L.A. Look at Miami, Los Cabos, etc. Typical Americans never think about anything outside their own country. MOST of the Rolex watches in the world are located outside the United States...
@@closer71 That's because the world revolves around the US and is the number 2 market for these things.
Great video!!! Thanks for sharing, you have a new subscriber 👌
Awesome, thank you!
Thanks for the video. I deal with many wealthy people in real estate and I would say almost most wear Rolexes with the occasional AP or Patek. Everyone buys Rolex…middle class, upper middle class and rich. They are timeless and appeal to everyone.
Ok thanks. I could only share my experience at my location.
Exactly. People thinking every class does this or that.
There’s poor who wear them to the Uber wealthy… I mean some sell for $90k. That’s not an average joes watch. That’s a top baller who just wanted to to add to his collection
I wish people who stop trying to categorize people. I’m rich and I buy rich ass things 😂. I know other rich people who buy target and ones who have 40 million yachts…. There is no one size fits all………….
this is why i never bother with rolex ADs, it's humiliating. buying from flippers and paying 50-100% over retails is fine, what matters i'm treated like a human being for my cash. i'm dropping 50k, i won't beg for a product. i expect respect and service. and i don't need a poorly paid service sales person to be my friend. nothing personal.
Interesting thanks for sharing
You are very welcome
I wonder how many people would buy Rolex if they knew they play these stupid games with consumers.
i left the brand a long time ago, put my name on a list for a few if they call they call. But purchases have moved to others.
@@georgen26 If only everyone did that.
I got a day date, Call me superficial, but I expected way more compliments on my watch than I got, it really doesn’t get noticed the way I thought it would.
I got fed up with my local AD B.S. and passed on Rolex. Mostly paying for the he names anyway
@@paulvon2378 agreed, wise minds think alike.
It's a silly game to play to get high-end watches. I don't play it as I'd rather spend time more effectively. However, thanks to the little market you can usually make money when you want to sell a unit later. That's definitely a plus!
The thing that always had me wondering is why a person who had worked so hard to get the cash together who must have been pretty aggresive in order to earn that money would suddenly turn into a whimpering sniveller begging a guy who makes $25 an hour to sell him a watch..
It makes zero sense to me.
And the guy making $25 is not looked down on by me because when i was starting out i did that too and was glad to get it.
I am an old guy now and i have accumilated a couple of million . Never in all of my years would i ever have bowed down to anyone who tried to lower my self esteem by trying to make me beg for anything.
Not a chance!
Some peo0le inherited the money but i dont relate to them anyway.
If a guy was showing me his Rolex i would ask him where he got it. If he said gray market i might respect that, but if he said it was an AD and that he had to go on a waiting list to beg for one then absolutely zero respect. Thats just wormy to me.
I waited over two years to get a Sprite GMT, I stopped in usually every month and tagged the AD a few times over the years. Don’t give a list of watches you want, find the watch you really really want and laser focus on that. I wear the Sprite every day, they are great quality watches and I use it every day.
Awesome. Congratulations
Love these keep them coming !
Thank you
Thanks so much for the insider info, explains a lot about the whole process
My pleasure!
Thank you so much for sharing your insights into Rolex ADs. There are lots of us wanna be customers with the cash waiting to buy a dream Rolex watch but we are getting increasingly frustrated with how they play games with us.
What would you suggest they do?
It sucks I can't go buy what I want, but there's excessive demand that wasn't there 3 years ago.
Great example of 'you want what you can't have'
Rolex does a fabulous job of creating demand through scarcity. Everything is perception. Love it
What watch was the most likely for a new owner to get without too much wait? I know in the previous video you said to have a specific model in mind when you go but if you like a few models is there one you should go for first?
Datejust and Submariner. Good luck
Good information
That line at the end the upper middle class want it to look at themselves in the mirror and show their friends, that hit home thank you
lol Rolex isn't a brand to look rich. the super rich wear hand crafted pieces from the holy trinity/independent or just don't care. Rolex is mostly tied to an achievement in my opinion. Oh I finally got a job promotion I always wanted. 10 years sober, my kid was born, I finally run my own company so it makes sense it's middleclass/upper class. Its a do it all watch that's a reward for success. I believe that's how Rolex always marketed. That's not to say there aren't people who strictly do that to appear "successful" and don't know movements or models etc. People do be crazy and you would def know better so i'll take your word lol.
@@Ross-fo2vw The super rich don't wear watches. If they do, it's a $30 casio, $300 garmin running watch, or $500 Apple watch that monitors their blood pressure. They have 2 or 3 personal assistants to tell them what time it is.
@@Ross-fo2vw This. I was a bit surprised when he said that. Of course regularish people wear them, it's Rolex, not Patek. Wait "list" BS aside, the price points for the Steel models are still attainable for individuals/households who make a couple hundred thousand per year. That's objectively quite good money, but it's not yacht level passive income wealthy.
I used to feel lucky to get a Rolex at retail. I now buy much cheaper watches that I enjoy even more because they’re less stressful to obtain and afford.
Love this content, I'd love to see if you have any tips on how prospective clients can stand out. I really just want one piece as a family heirloom, but have no history with the local AD. Definitely get the sense that the sales folks are tired, and it really sucks as a customer having to try and sell yourself every time you walk through the door. I'm sure the sales folks at the AD feel the same. Would love to know if you could shed light on this topic!
I heard the market is Changing for the better for first time buyers. Depending on your location try Ben Bridge or Airport Locations . If you come in the door and genuinely tell them it’s your dream to own a family heirloom, they will take the time and sit down with you and take your seriously. Compliment the staff, the store , say positive things about Rolex and don’t act pushy and upset , that should work. Good luck .
Hawaii ADs may be different, but ADs in my area "encourage" you to buy gold/silver to move up the list. The commission on jewelry is much higher, usually like 6%
Also, agree with you on middle class folks buying Rolex's. The richest people I know, folks that own their own businesses or run public companies all wear Apple watches oddly enough
Great help
I would disagree about the characterization of who buys/owns Rolex - however it’s perhaps more subtle.
To someone fairly wealthy - a $10k submariner is not a big deal - but they may still like the watch because it is rugged, and attractive. And it will last a very long time and can be passed down from one generation to the next.
To someone making $200k a year, that same submariner will be a huge status symbol.
The rich person can afford a Nautilus or a Royal Oak - which are generally much more refined than Rolex - but less recognizable to most people.
But if I’m just going to a bar with my mates or taking kids to playground, I’d probably rather wear the sub or a g-shock, regardless how much money I have. Not trying to impress anyone.
Not everything is about displaying your wealth. Believe it or not, some people prefer to NOT display their wealth.
thank you for your insight! I really enjoyed your video. I'm saving for my first piece. My question is - how much more available do you think the watches are now that prices have gone down?. what is your advice to get a 41 DJ two tone or a yachmaster steel and platinum with grey dial or a no date sub? Thank you!
I heard inventory is way better now. Depends on where you live. DJ 41 and Sub no date should be available, Yachtmaster is very hard to get. Good luck
Thanks for the video it was very informative. I did go to an AD and talked with a rep and currently stay in touch with her. I have always seen and heard of the brand and now at 70 I'm able to afford the watch I want and I have the means, and so I am waiting for a Day Date that I want. I just purchased a Classic 1926 Tudor and love it and I may go back and get the 2024 Black Bay or GMT..from the rep
I'm dealing with .
Awesome thank you for sharing. Tudor is excellent. Good luck
I was born and raised on Oahu our family were family friends with a local AD and my Father was heavy into Rolex this was in the early 80's into the 90's back then blank papers were the norm and a stainless Daytona was under 3,500 in 88 simpler times. Back then the Japanese tourists wanted every Rolex they could get.
Thank you so much for the nice video! How often you think should I follow up with my sales in AD? Would twice a month be much? Or just a once a month? Thanks!
Once a month is perfect. Good luck
Very interesting videos! I live in Canada and there are 3 Rolex ADs near me. They all sell other brands and jewelry. One of the ADs took my info down a couple of years ago on an iPad but never contacted me. At another AD I managed to buy a stainless steel Datejust with no purchase history 3 years ago. I then bought a pen and a women’s necklace. When I went back last year they offered me a Yachtmaster 40 blue dial which I bought. Both of these ADs told me it helps when you buy other brands and items. I think it also helps if you walk in wearing a nice watch as it can start a conversation with the sales rep and show you are a collector.
Awesome congratulations. Thank you for sharing
they wont sell you rolex until you have spend some money on other things
@@davyraoa few years ago that wasn’t the case but now yes. When I bought my 1st Rolex you could walk in and buy a Datejust 41 or 36 and maybe a less desired two tone sports model
Great revealing video, thanks!
Thank you for watching.
Thank you for sharing the information. It was professional, easy to understand, and your honesty is impressive.
I appreciate that!
@@hawaiihardy7285 How do I get in touch with you?
I don't want to look rich. I just think Rolex watches are so easy to wear, have a rich history, fun, sparkly, durable and precisely made, which tickle my OCD brain all the right ways. JLC is my other favourite brand.
Totally agree. And let's not forget about the excellent quality. Have my watch for over 20 years and never had it serviced 😅
For me it's about the never ending goal of excellence and quality
Top 1% don’t give a crap about Rolex. They buy Patek etc. look at the price point, almost anyone that makes decent money can save up for a Rolex if that’s what they wanted. Personally I never even looked into the brand until a friend dragged me into a store. Tried on a few of the sports models and began looking into the history of the brand and got interested. Ended up buying a Sub and GMT. I’m also interested in the explorer 2 one day. I’m far from wealthy and just like the watches. I’m also not someone who tries to look wealthy as I drive a modest car and live in a modest home.
Plenty of the Top 1% buy Rolex. They just don't fight for stainless subs and GMTs.
Value seems to be different from one person to another. You mentioned you had to quit for personal reasons. I pray that whatever that was has closure, peace and healing. Wow thanks for those amazing insights on your journey through the company.
Thank you 🙏🏼 😊
We’re going to Hawaii August, I’ll try to go on the days you’ve said and see if there are available watches to buy. Crossing my fingers
Good luck
Hi Hardy. Thank you very much for your empathy to all of us out here. I purchased a Yacht Master in a Certified Store in Mexico in 2001 for $7,000. Purchased one 36mm and one ladies at a Jared Jewelry in Florida, (they were closing the store). Paid $8,000 for the date just. As a fool I sold the Yacht and the Date Just for $5,500 and $6,500 respectively and later I realized I acted very foolishly. Now I am looking to buy one but.... I traveled to Singapore Shangi airport but missed the store.
Thank you for sharing. Good luck
So the salesperson only makes $100 on a $13,000 watch? That’s crazy
Crazy right? Very mean for such a rich charitable company like Rolex
Because they work so hard to make the sale? They have to make one phone call and swipe a credit card. It's a tough job, but somebody has to do it.... LOL
Hermes does the same, they want to control the customer. You have to go to the store, cant call and check inventory.
Top 1% does not wear Rolex. Definitely true. Same with all conspicuous "luxury" brands.
I'm sure they do, but never in public since most of their watches are 6 figures at least.
They wouldn't let me leave the store with the stickers intact but, they did let me remove them. I'd like a GMT for my next watch. My daily wearer is my two tone rose and steel Yacht Master with the chocolate dial. I didn't buy it to look rich, I bought it because I wanted it. My grandfather and my father were watchmakers, it was a family business in the last century. I guess horology is in my blood. Another watch I want and I rate above Rolex, is a Glashutta PanoMatic Lunar, I want one with a green dial so I can put it on a green Hersh strap.
Thank you for sharing 👍
Thank you for sharing!
My pleasure!
Thanks for the insights & mahalo! As an enthusiast, I’ve been lucky enough to have been offered a few Rolex watches over the years, and they are incredible pieces, but the Rolex AD games are so frustrating. There’s so many other great brands out there like Omega, Grand Seiko, & JLC that can be purchased without the hassle. The past few years have me on the verge of moving on from Rolex for good. IMO, many of the AD’s out there have permanently damaged the brand’s reputation. Thanks again for the video!
Thank you
No bundling deals? I think that would make you unique in the industry!
Thank you for sharing these video. Incredibly helpful and insightful. It's like Glassdoor for consumers!
Glad it was helpful!
I was treated with borderline disrespect by an AD in Vancouver (guessing wrong nationality). While in Toronto I met with a lovely Rolex sales lady in an AD and 8 months later got a call from her for a gorgeous Skydweller. Flew in the next day and was treated like royalty in the store. As great as the SD is, I have a super new friend. Will never forget the wonderful experience in the Toronto.😀
Awesome, Congratulations
Please do more inside scoops as a ex-Rolex salesman. Very intriguing 🤔
Total honesty from inside the Crown! Much appreciated. Out of curiosity, what does the Account Manager that works for Rolex earn annually? Since the watches literally sell themselves, what is the Account Manager's responsibilities working for Rolex?
Average salary for account managers was 150-175k annually. They would visit frequently, inspect the stores and share training time , new release Information and promotions.
My AD got me a submariner in 2019 then It took exactly 3 years to get a Batman.!
Congratulations on 2 great watches . Thank you for sharing
Here are my questions: do you get any discount working as a Rolex representative, especially as an assistant manager? Any perks? Can you buy a watch you have been allocated to sell? Who decides which watches you have to sell (from a shipment, does the store manager hands out watches in random)? How do you decide which client to call? Do you have to ask for approval on every sale, even though you have been allocated that watch to sell?
Yes there is an employee discount, however you have to be employed with Rolex for 1 year . I only worked 8 months so I didn’t qualify. Once you passed your 1 year you can put in an order for your favorite Rolex, but then still have to a wait a few more months to get it . Inventory cokes from Rolex , we don’t have major influence of what comes in . However we can order a few special request watches for vip clients . Takes a wile to get them . Approvals get pre screened by the Manager and Then presented to the District manager for final approval. We have so many potential clients that we always sell what little inventory comes in . Good luck
That makes Rolex useless to me, what’s the point of making a product that’s not readily available for people who can afford it
It’s cause they make a lot of money by having manufactured scarcity.
The point is they still sell 1,5m watches
It's exactly the reason that makes people want them. Because humans are dumb by nature: we want what we can NOT get. If you could do to the groery store and pick up Rolex next to the toilet paper, no one would want one.
Aloha Brother! Great video!
Thank you 🤙🏽
Very interesting! Do you think the long waittimes etc are authentic becuase they simply can't produce them fast enough. Or are they knowingly manipulating production to keep supply low?
The latter. 🤫
Keep making watches videos, look at them viewss woww! Great content and very interesting information for watches geeks like me 😂! 👍🏻👍🏻
Thanks, will do!
Great follow up. Thank you. I am actually on my way to hopefully get another piece in Hong Kong or Japan. Got lucky twice last time just by being nice and normal.
Good luck!
0.75% comission is ridiculous! How are those people feeding their families?!
Salary
I've been waiting 3 years for a BLNR with a spend history of $25k. Went in last week and the saleswoman told me I'd have to wait 4 years because i was only added to 'the list' 1 month ago. I went in again a few days later and spoke to a different salesperson and they said that they refresh the lists from time to time but that doesnt mean I fall to the bottom of the list. I added the OP 36mm Tiffany to my list which i was told could take 6 months to a year. Hopefully get a call soon
So to everybody, skip entering the shop Mo through Fri and just all line up on Sat and all walk out the door with a new watch.
WOW! Servers in restaurants typically make $40 in tips per hour not including the hourly wages.
Appreciate this video. I live on kaua'i and just visited the waikiki rolex store and got put on a wait list for a batman. Did i make a mistake? Curious what you think
Not at all, can't hurt.
Also, if you have a chance try Ben-bridge at Ala Moana. Good luck
Exactly what you said...."They want to look rich" the real rich know better 😄
True true. I love your description of the average rolex buyer, lol. 😅
Thank you 😊
I called ahead nearly 3 months in advance a couple years ago, and Alberto at the Whaler's Village store hooked me up while he still there! It made my vacation.
Who did you sell stainless Daytonas to?
Awesome, Alberto is amazing, he actually got promoted and transferred to California.
The majority of people who are purchasing luxury items are middle class, not all want the attention of looking rich. Mostly like myself are saving hard earned money to purchase a Rolex as treat to oneself, an inspiration that iam at the right pathway to success. Rich people doesn't care because their energy are more focused on becoming more rich, and for some of them, they forgot the joy of saving a hard earned money and purchased something valuable and expensive bec for them in a snap they can have this Rolex
That’s the most informative video on UA-cam
Thank you