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Sulie

Will watches drop in price !?

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1 hour ago, Igerswis said:


But they’re almost the same price as a Breitling. So stamping on another brand isn’t going to make a difference

Nick was saying Seiko are great quality and value and had someone stamped another brand on it then it would cost much more.

My point was that most Seiko aren’t great quality and the ones that are cost a substantial amount of money.


Sent from my iPhone using Tapatalk

Got you, think we were in agreement.

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I have heard it said many times that a Seiko Marinemaster SBDX001 is as good as a Rolex Submariner / Sea Dweller

I own both and am in no doubt that the Rolex is the superior watch even though the Marinemaster is in itself damn good watch being higher up the Seiko foodchain.

Most Seiko's are good value for money but that doesn't necessarily make them great quality. They are also watches I enjoy owning, I have three at present; SBDX001, 6139-6002 and a 7548-700B and have owned many more at various times.

 

 

 

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So basing this on the marine master vs the Rolex submariner, what’s the price difference and is the Rolex worth the difference?

or is it the fact that yes the Rolex is better but in terms of the difference in price the majority of the decision Is the fact it is the badge. 

maybe I’m not a fan as I can’t afford one, not seen one in the flesh or handled one. 
 

 

Although saying that my mum has a Rolex passed to her from her mum, it is a plain gold one which will be very old. 

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@Nick Parr 1977

Modern equivalent of the SBDX001 is around £2800 while the Submariner date is £7150 (if you can find one)

Is the Submariner worth 2.5 times the Seiko?

Define "worth" 

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So basing this on the marine master vs the Rolex submariner, what’s the price difference and is the Rolex worth the difference?
or is it the fact that yes the Rolex is better but in terms of the difference in price the majority of the decision Is the fact it is the badge. 

maybe I’m not a fan as I can’t afford one, not seen one in the flesh or handled one. 
 
 
Although saying that my mum has a Rolex passed to her from her mum, it is a plain gold one which will be very old. 

You cant compare the two as directly as that.

Seiko Marinemaster is a tool watch first and foremost. It also does not have as tightly regulated a movement as the Grand Seiko movements. You can wear it with casual clothing but it would look ridiculous being worn with a suit.

Rolex Submariner started out as a tool watch. Then it became the ultimate GADA watch (go anywhere, do anything). It looks at home in jeans and t-shirt as well as a formal suit, diving suit, skiing suit or even a pair of Speedos.

Why so much hate against Rolex anyway? Why don’t you compare the Seiko against other divers from Omega or even Blancpain or AP?
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@IgerswisIt’s not hate, I would honestly say it’s my lack of understanding the market and watches.

it was about with luxury brands how much are you paying for, for branding. I appreciate you will always pay more for heritage but with the crisis which way will these brands go, obviously Rolex will never position themselves as an affordable brand to the masses, why would they it would be crazy to do so
 

 

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[mention=9449]Igerswis[/mention]It’s not hate, I would honestly say it’s my lack of understanding the market and watches.
it was about with luxury brands how much are you paying for, for branding. I appreciate you will always pay more for heritage but with the crisis which way will these brands go, obviously Rolex will never position themselves as an affordable brand to the masses, why would they it would be crazy to do so
 
 

You keep mentioning Rolex. What about Omega, Blancpain, AP...they all have divers costing more than the Rolex Submariner and many times more than the Seiko divers.
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5 minutes ago, Igerswis said:


You keep mentioning Rolex. What about Omega, Blancpain, AP...they all have divers costing more than the Rolex Submariner and many times more than the Seiko divers.

It would be no different I was only using Rolex as they are seen as the pinnacle, I think I originally way back mentioned Breitling. It was about what value a name adds to a product and in reality how much are you paying for that, and what impact the crisis will have on these. 
 

i expect zero on Rolex

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44 minutes ago, Nick Parr 1977 said:

@JoT What percentage of the £7150 is about just having the Rolex name.

not to take away from Rolex that it is probably the most recognised brand in the world.

What you are asking is what the brand value is of the watch. Brand value is an intangible asset and to estimate it is very difficult - the specialist consultancy Kantar Millward Brown' estimates the brand value of the Rolex business at $9 billion - note that's not the value of the business that's the value of the brand - how you would apply that to a single watch is beyond me :laugh:

12 minutes ago, Nick Parr 1977 said:

It would be no different I was only using Rolex as they are seen as the pinnacle, I think I originally way back mentioned Breitling. It was about what value a name adds to a product and in reality how much are you paying for that, and what impact the crisis will have on these. 
 

i expect zero on Rolex

They aren't seen as the pinnacle at all, Blancpain, Audemars Piguet, Hublot, Richard Mille, Breguet and others are more expensive and there are many Omega and Panerai watches of a similar price to Rolex

 

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24 minutes ago, JoT said:

What you are asking is what the brand value is of the watch. Brand value is an intangible asset and to estimate it is very difficult - the specialist consultancy Kantar Millward Brown' estimates the brand value of the Rolex business at $9 billion - note that's not the value of the business that's the value of the brand - how you would apply that to a single watch is beyond me :laugh:

They aren't seen as the pinnacle at all, Blancpain, Audemars Piguet, Hublot, Richard Mille, Breguet and others are more expensive and there are many Omega and Panerai watches of a similar price to Rolex

 

They arnt in those educated in watches however surely if you asked Mr and Mrs Joe Average then it would be different. 
 

i don’t disagree it’s only a opinion 

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There are so many factors involved in the value of an item and how its price is defined.

It is not like Breitling just produce a watch that costs them pennies and decides lets throw a large number on it.   For all their faults Brietling is a thorough tester of its watches, they are tested at 8g in multiple positions, the finishing and quality control is pretty good etc, it all adds to the number they put on their watch at the end.   Some watch manufacturers are doing a heap by hand, that can make the watch expensive in a way that cannot be seen, a man working needs to be paid but the product might look no different from a machine made item.   Rolex machine makes some items, but then it spends a fortune on advertising and sponsoring sports events and a lot of marble outside its many branches.   That stuff needs paying for. 

Reputation is good for sales, and investment in advertising often bolsters reputation by forming a snowball effect.  Rolex is a bit marmite because it has some large pros and cons, value retention being a pro, and the association with low class car salesmen and many people who know nothing about watches being some cons. .   The funny thing is reputation often lags 20 years behind reality.  Mercedes produces some pretty crappy overpriced cars these days, but due to the effect of previous quality the reputation means they are viewed as superior to what they really are. 

Edited by Daveyboyz
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6 hours ago, Igerswis said:


Rolex  {yadda yadda steel sports watch} etc etc. It looks at home in jeans and t-shirt as well as a formal suit, diving suit, skiing suit or even a pair of Speedos.

Any sports watch looks wrong with any decent suit - its like calling something classy or starting a sentence with "So, ..." - just do not do it !

 

 

 

IM(not very)HO of course :laugh:

So, you know I am right - its just not classy ! :tongue:

 

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Any sports watch looks wrong with any decent suit - its like calling something classy or starting a sentence with "So, ..." - just do not do it !
 
 
 
IM(not very)HO of course :laugh:
So, you know I am right - its just not classy ! :tongue:
 

I’ve heard that before too. Current fashion and trends says otherwise though:

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Sorry, I've got lost somewhere, what was the topic again ?

Worth ? Well "eye candy" has its worth in some people's eye, so my mate tells me about his bi-metal Daytona. He's just had his Porsche taken away by some big men. :hmmm9uh:

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Please respect the rules of the forum

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