pammo13 Posted December 14, 2008 Report Share Posted December 14, 2008 Now that the dollars is strong ,why is the pricing on reps still high? Dealers said this summer, that the pricing on Reps were high because the dollar was weak. What now? Quote Link to comment Share on other sites More sharing options...
watcher Posted December 14, 2008 Report Share Posted December 14, 2008 The Dollar is strong against the pound which makes it an issue for UK guys but the doller is not the same against other International currencies so don't expect the price of reps to fall any time soon if ever! I will not be buying any reps until the pound strengthens considerably. Glad I ordered my WM9 Yachtie when I did as it would be a very high priced rep now!! Quote Link to comment Share on other sites More sharing options...
pammo13 Posted December 14, 2008 Author Report Share Posted December 14, 2008 (edited) I will check the chart http://finance.yahoo.com/q/bc?s=EURUSD=X&t=3m and the 1 year chart http://finance.yahoo.com/q/bc?s=EURUSD=X&a...&q=l&c= Edited December 14, 2008 by pammo13 Quote Link to comment Share on other sites More sharing options...
Daytona4me Posted December 14, 2008 Report Share Posted December 14, 2008 The prices of reps would not be high if dealers would stop raping the membership on prices. The profit dealers make off 1 watch sale ($100+ profit per watch) is equal to 1 months salary on the low end of the scale and 1/3 of a months salary on the high end of the average monthly salary in China. You will hear "but the cost of replication" "but the cost of the genuine" etc..etc... but a recent project that I'm close to that will be released in 1Q 2009 and uses a far more expensive movement will cost on average of $25 per watch to make with materials purchased for a 5000 unit run. This project will pay for itself after 358 sales... all sales of the existing 4642 units would be virtual profit. Errors and most likely a shortened run could decrease this 4642 unit production down to 2000.. but as you can see... the makers of this and their middlemen and their cartel will eventually make a huge massive profit. Add selling clone movements as genuine ETA and taking 200% extra profit..etc.. etc.. and an endless list of white lies they are allowed to get away with and you quickly find that the USD means jack in the whole scheme of things. Quote Link to comment Share on other sites More sharing options...
DemonSlayer Posted December 14, 2008 Report Share Posted December 14, 2008 Couldn't agree more Daytona4me. He's saying it how it is. About 6 months after I got into reps, a friend of mine who lives in Guangzhou told me in confidence how much these reps really cost. The net profit the dealers are making on these reps is unbelievable. New dealers who come into the rep game are reluctant to start selling at massively discounted prices because they see how high these reps are selling for, from the likes of the more established dealers. How many people would say no to making a whole months salary from the sale of 1 rep... Quote Link to comment Share on other sites More sharing options...
Shundi Posted December 14, 2008 Report Share Posted December 14, 2008 Couldn't agree more Daytona4me. He's saying it how it is. About 6 months after I got into reps, a friend of mine who lives in Guangzhou told me in confidence how much these reps really cost. The net profit the dealers are making on these reps is unbelievable. New dealers who come into the rep game are reluctant to start selling at massively discounted prices because they see how high these reps are selling for, from the likes of the more established dealers. How many people would say no to making a whole months salary from the sale of 1 rep... I put this in another post somewhere (can't find it) but I did a very conservative income breakdown and basically found that even using very, very, very conservative numbers, a dealer would easily break $500K-$1 Million USD a year in pure profit....in China!? Hugeeeeeeeeeee money. Quote Link to comment Share on other sites More sharing options...
pubus Posted December 14, 2008 Report Share Posted December 14, 2008 (edited) i preffered usd being lower, like it was 2 months ago. I wish I bought watches then, they were a 2/3 rds of the price for my polish currency than they are now Edited December 14, 2008 by pubus Quote Link to comment Share on other sites More sharing options...
DemonSlayer Posted December 14, 2008 Report Share Posted December 14, 2008 I put this in another post somewhere (can't find it) but I did a very conservative income breakdown and basically found that even using very, very, very conservative numbers, a dealer would easily break $500K-$1 Million USD a year in pure profit....in China!? Hugeeeeeeeeeee money. This is HUGE money for them. They can live the life of a multi-millionaire in China, with that kind of money, I'm not kidding. If I remember correctly, one of my roomates at my halls at University, who is from China, told me that his mother who is a fully qualified accountant, earns about Quote Link to comment Share on other sites More sharing options...
Dani Posted December 14, 2008 Report Share Posted December 14, 2008 I stopped buying reps long time ago. My watches this days are frankens or vintage models whit no China crap movement. 90% of the reason for this boards was to not let people get scammed seems this days we are not on that boat anymore. Quote Link to comment Share on other sites More sharing options...
im2 Posted December 14, 2008 Report Share Posted December 14, 2008 Yes... Daytona4me is ABSOLUTELY right! Hmm we love some dealers here, we love their services, we love their decency , shouldn't we start question their prices now that the dollar is stronger? I mean, even oil prices are squeezed because of stronger dollar (and low demand) , shouldnt the reps follow a bit? Just wondering.... Quote Link to comment Share on other sites More sharing options...
FxrAndy Posted December 14, 2008 Report Share Posted December 14, 2008 They wont go lower untill the market stops paying the high prices Quote Link to comment Share on other sites More sharing options...
peepshow Posted December 14, 2008 Report Share Posted December 14, 2008 They wont go lower untill the market stops paying the high prices Ding! Ding! Ding! Truer words were never spoken, Andy... Quote Link to comment Share on other sites More sharing options...
fotoman Posted December 15, 2008 Report Share Posted December 15, 2008 I've wondered the same about the price of gas Oil futures go up, next day gas prices are up - oil futures go down, takes a few weeks to get to the gas stations Weak Dollar, was mostly [censored] - and they aren't going to give back profit they are making - unless there is a mass market dealer that will challenge the prices and provide good service - and exactly what is the incentive? Quote Link to comment Share on other sites More sharing options...
Rxus Posted December 15, 2008 Report Share Posted December 15, 2008 I love this thread... But in all honesty as much as i wish we could make the change start rioting or the rep watch revolution, we won't. So what 30 people post here saying they have or will stop buying reps at $400.00 a pop.. Around the corner we have 10k users happily waiting in line to pay $500-$1000 for the same chunk of steel. Sad but true. The weakening dollar was another white lie and we ate it up like birthday cake, soon it will be another price hike becasue the Euro or the pound is weak. Quote Link to comment Share on other sites More sharing options...
Dani Posted December 15, 2008 Report Share Posted December 15, 2008 I now for a fact this boards are important for sellers so why does not the creators of this type boards use their power? I do remember the reason for this boards to protect us from scammers but as it is last 2 years this has not been the case.. Quote Link to comment Share on other sites More sharing options...
whitestripes Posted December 15, 2008 Report Share Posted December 15, 2008 It's a market. Even if all of RWG boycotts reps (which I know we can't), we make up, say, 1% of the rep buying population. There is no stop to it, unless you are close friends with someone in GZ. ... now where to go for vacation? Quote Link to comment Share on other sites More sharing options...
Noel Fleischer Posted December 15, 2008 Report Share Posted December 15, 2008 the exchange rate doesn't seem to affect the dealers. for ex; i recently bought from PT in the UK. before he was listing prices in pounds. now that the dollar is stronger he simply switched to pricing in USD. i wouldn't expect any across the board drop in prices. even the recent severe economic conditions haven't caused any drop that i can tell. Quote Link to comment Share on other sites More sharing options...
Daytona4me Posted December 15, 2008 Report Share Posted December 15, 2008 These forums are 2-3% of the replica sales.. worldwide.. High End replica watches (we call them super replicas..etc..) are 2-3% of the replicas made.. These forums make up 70-80% of the High End replica sales... Why do dealers sell these high end replicas if they only make up such a small percent produced and supplies such a small segment of the worlds replica buyers?? SERIOUSLY... ask your self that question! Answer: BECAUSE THERE IS BIG MONEY IN IT! Now time to go on a field trip... go look at all of the dealers websites listed here on RWG and elsewhere... tell me if you find junk replicas or are they high end models? Our dealers may sell the junk stuff elsewhere... but the big money... (OUR MONEY) comes from US (not U.S. but rather US = forum). Take the theory that the replica forums are a small percentage of a dealers income and throw it out the window, I know better now... Quote Link to comment Share on other sites More sharing options...
Dani Posted December 15, 2008 Report Share Posted December 15, 2008 These forums are 2-3% of the replica sales.. worldwide.. High End replica watches (we call them super replicas..etc..) are 2-3% of the replicas made.. These forums make up 70-80% of the High End replica sales... Why do dealers sell these high end replicas if they only make up such a small percent produced and supplies such a small segment of the worlds replica buyers?? SERIOUSLY... ask your self that question! Answer: BECAUSE THERE IS BIG MONEY IN IT! Now time to go on a field trip... go look at all of the dealers websites listed here on RWG and elsewhere... tell me if you find junk replicas or are they high end models? Our dealers may sell the junk stuff elsewhere... but the big money... (OUR MONEY) comes from US (not U.S. but rather US = forum). Take the theory that the replica forums are a small percentage of a dealers income and throw it out the window, I know better now... Quote Link to comment Share on other sites More sharing options...
DemonSlayer Posted December 15, 2008 Report Share Posted December 15, 2008 +1 Quote Link to comment Share on other sites More sharing options...
dropbear2008 Posted December 15, 2008 Report Share Posted December 15, 2008 This is HUGE money for them. They can live the life of a multi-millionaire in China, with that kind of money, I'm not kidding. If I remember correctly, one of my roomates at my halls at University, who is from China, told me that his mother who is a fully qualified accountant, earns about Quote Link to comment Share on other sites More sharing options...
Rxus Posted December 15, 2008 Report Share Posted December 15, 2008 Maybe we should start assembling them here instead of over there? The irony of it is, that the quality of build will go down yet the price will rise significantly. Thank you Daytona for the wonderful insight. Quote Link to comment Share on other sites More sharing options...
slay Posted December 15, 2008 Report Share Posted December 15, 2008 ah, you schmocks, you deserve no better (most of you). I still remember all of you defending, Josh, Andrew and whonot. Now you are whining like little kids who just discovered that the nice man in the van who lured you into the car with promises of cotton candy and funny stories is not so nice, but rather a man with a huge penis! Quote Link to comment Share on other sites More sharing options...
fakemaster Posted December 16, 2008 Report Share Posted December 16, 2008 Quote Link to comment Share on other sites More sharing options...
HauteHippie Posted December 16, 2008 Report Share Posted December 16, 2008 Don't worry, the dollar is now getting weaker by the day. The dollar index has gone from over 86 to 81 in about a week. And while I tend not to speculate, it is my strong suspicion that this is its last hurrah... Once it breaks below 80, it's not coming back. We'll see. Quote Link to comment Share on other sites More sharing options...
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