Hello ladies, and gents:
It's been a while since I posted, hope everyone is doing good. I've recently gotten my friend to bit the watch bug, and he has been collecting a few pieces here and there. We were talking just the other day, of which I thought was an interesting topic. I thought I'd post here and get some opinions and such. As we know there are quite a few grey watch dealers on the internet, such as Joma shop, prestige time, and authentic watches to name a few.
We got to talking and we talked about how they are able to set up shop, and just what kind of capital it needs. For example, we always see these sites carry many different brands. Do you guys think that they would always have these watches in stock? Or do you think they will first get the web order in, then go to their AD supplier and buy it at a discount? Do you think just like AD, they have to buy certain amount of watches, equaling dollar amount, to maintain that relationship with the supplier AD? Or do you think they simply pick and choose pieces that have generous discounts, and work from there?
And what do you guys how much they need in order to start a company like these? I'm always curious about some of these things myself, but never got to ask them until I had this conversation with my friend. All input/insight/comment welcomed!