I tend to find that people are actually interested to learn about the incredible mark-ups within the supply chain of genuine luxury goods.
When you consider that a genuine $5000 RRP PAM contains maybe $300 of materials , $300 of COSC testing, approx $300 labour and the reseller purchases for maybe $2800 direct from OP , simple maths tells you some one is making a lot of money.
The fact that authorised dealers exist only in the most elite of shopping areas , where rents rates etc will be astronomical, they need to make a lot of money per item.
It's the "location , location , location " rule that's key to a brands success and maintaining Elite status..........much more than TV advertising etc for these Ultra rich brands.
The incentive to maintain pricing across the globe ( there is very little free competition between dealers) all smacks of Cartel like activity and is simply not permitted in most industries.
Money attracts money , so the people with the money to buy genuine, will also either be in position to or influence the right decision for these brands - be that by ignoring price fixing and cartel like activity , strengthening anti-counterfeit laws in their favour etc.
All that said, the genuine article is the genuine article and any rep, copy , fake reproduction etc cannot be anything more than what it is. You are only trying to fool yourself if you think or say otherwise, regardless of quality , % close to gen etc.
Reps only exist because of this huge profit margin that is open for exploitation and always will be.
I certainly wouldn't have a collection of 20 reps with work to do on them that lead me here if I had the millions of spare cash for an uber rich lifestyle - I'd be the genuine brands target customer because I would be attracted to the areas where the genuine dealers would be waiting to help me part with my cash.
All of this debate rep/ gen for me really boils down to human behaviour and class systems that have existed ever since records began.....
I think mister Rolex himself said something like ..." If you want to tell the time get a Timex ....If you want to tell the world you're here get a Rolex"
We are all here in part because we are waiting for our next ride on the "class elevator" ....up preferably.
Any badge of status that will help get to the front of the queue (or fool accordingly) and go to the next floor or two is legitimate.
That's why we ain't wearing Timex
Fishgodeep