Quote:
Originally Posted by Halifax Daytona UK
40% on Rolex and about 75% on other watches and jewellery
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What I don’t understand is with such fantastic margins - ie 75%, why aren’t ADs gobbling up preorder deposits for watches like the new Omegas, Tudor’s, Cartier’s?
They still give the same ‘store enquiries only’ and ‘waitlist’ run around and essentially just say come back in a few months. Which leaves me free to shop around.
Ultimately there will be no supply issue with these watches. So in my ‘business’ mind - I would want to be grabbing deposits off every single enquiry so I have secured that business when the watches come in.
What am I missing?