Boutique being blunt with spending

[Justindo]

I don't doubt this happened, but it's insane. I've been on the list for the 321 with a full deposit since it was first announced, but I don't yet have mine. I was told I could get one right away if I spent $100,000, but I honestly had difficulty thinking how I could accomplish this with Omega, so I'm still waiting.

[EdwardC]

Originally Posted by Justindo

I don't doubt this happened, but it's insane. I've been on the list for the 321 with a full deposit since it was first announced, but I don't yet have mine. I was told I could get one right away if I spent $100,000, but I honestly had difficulty thinking how I could accomplish this with Omega, so I'm still waiting.

My boutique told me the same thing when I asked them 2 years ago. I said no way I'll pay full deposit and wait indefinitely. The sales quitn2 months later as I saw her in a different watch AD.

[llngoc]

Funny you brought up Hermes. I was actually just walked out of Hermes next door and was early to the next appointment so decided to stop by to see if the coming recession may have improved the situation for a Snoopy wait. Before the Omega store opened, the Tourbillon on Post took down my name and the store manager “promised” that he would get one for me without any purchase. But now he is gone.

I was with Hermes for 15 years and never once my SA told my wife to buy $xxxxx to get anything. We only acquire what we like when we are ready.

Originally Posted by MikeHoncho

You're talking about the San Francisco boutique? If so, I can back what you were told and can guess who you talked to (there's a snoopy/321 whisperer there).. although the spend was half that a year ago. Feds need to get that inflation down .

To reiterate, this isn't an AD.. Each time I've visited, they completely forget that I'm on the deposit list. They assume I'm just another person walking in to get a snoopy... I've been told inconsistent things from the same people. Without a deposit, spend this$$$... With a deposit, we can speed things up if you build history like our VIPs.. They opened after the Snoopy released, so hard for me to see how they already have a list of big spenders.

I get that the luxury segment thinks of the Rolex/Hermes model in their strategy meetings, but time will tell if it pays off when you're already starting from behind.

[VerticalClutch]

I think people misconstrue this type of comment. Let’s say they have 5 Snoopy’s to allocate. They will allocate them to their 5 best clients who want one. That just makes sense.

Any number you’re told is what it takes to be in that group. It’s not some magic number they picked in a meeting. Let’s say person A spends at least $100k on watches a year. If you spend five grand, and you both want a Snoopy, the SA would say, “you need to spend 100k to get one.” Not because they like that number, but rather that’s the bar their top clients have set. If they’ve got one or two, you need to be one of the top spenders to get the allocation. If that number the big boys spend is $300k, then that’s the number.

I know what I spend on watches every year and I have buddies that make me look broke, so that number doesn’t shock me at all. Once you start buying PM regularly, that number is not so crazy.

Unfortunately, there are some big spenders setting the bar high in your area.

[Etschell]

Originally Posted by VerticalClutch

I think people misconstrue this type of comment. Let’s say they have 5 Snoopy’s to allocate. They will allocate them to their 5 best clients who want one. That just makes sense.

Any number you’re told is what it takes to be in that group. It’s not some magic number they picked in a meeting. Let’s say person A spends at least $100k on watches a year. If you spend five grand, and you both want a Snoopy, the SA would say, “you need to spend 100k to get one.” Not because they like that number, but rather that’s the bar their top clients have set. If they’ve got one or two, you need to be one of the top spenders to get the allocation. If that number the big boys spend is $300k, then that’s the number.

I know what I spend on watches every year and I have buddies that make me look broke, so that number doesn’t shock me at all. Once you start buying PM regularly, that number is not so crazy.

Unfortunately, there are some big spenders setting the bar high in your area.

the issue is none of it makes sense. just pay double and be done with it. you will lose, like i said, half of what you spend. it makes no sense to lose 150k to get a watch that you can resell for 5 to 6k more than retail. these watches arent even selling at 20k right now.

in what world is any omega worth that? NONE.

[VerticalClutch]

You’re assuming people are spending the money to get the snoopy or the 321. That’s why you’re not understanding. What you’re missing is that they spend the money because they want the watches they are buying. They aren’t buying them to “build a relationship.” They’re buying them because they are watch fans.

Having the big spend to get allocated a Snoopy is a side benefit, not the goal.

[Etschell]

Originally Posted by VerticalClutch

You’re assuming people are spending the money to get the snoopy or the 321. That’s why you’re not understanding. What you’re missing is that they spend the money because they want the watches they are buying. They aren’t buying them to “build a relationship.” They’re buying them because they are watch fans.

Having the big spend to get allocated a Snoopy is a side benefit, not the goal.

OP sure does not. it was directed at the OP. if someone else wants to spend 300k on omega they are well within their right. i understand your point. the offering of the watch is simply a reward and a bonus. it is akin to being a big player at a casino. you get perks.

my only point for the OP was either try another AD or suck it up and pay around double MSRP for it. the watch is nothing special. it really isnt. seiko has peanuts watches.

[VerticalClutch]

Roger that, same page.

[HMHM]

I had encountered the same issues as OP when I asked for the snoopy. I previously made a thread about this topic about a year ago and contemplated getting the snoopy off the grey market but ultimately didn’t and instead got the 3861 Sapphire Speedmaster.

The main issue with Omega isn’t the spend history. Don’t get me wrong - 150k (what I was asked to spend) is still a lot of money. It’s that there’s nothing much in their catalogue that is particularly exciting. Also value proposition wise if I had 150k laying around I think I would rather buy Patek Calatravas than Omegas….6119, 5226 and 6007… and those 3 are much better watches than anything in the Omega line up unfortunately…

[JettyOne]

What it meant is: she has zero authority to even get you on the list for a Snoopy. And, she has no clue of allocation requirements.

Instead of telling customer: “it’s a shot in the dark at this point, I’m not authorized to give you any hope”. SA came up with bullshit like $xxx,xxx spending, because they regurgitate what they hear from Rolex and Patek customers.

To sum up, that SA has no clue, and started make up shit.


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[brandrea]

Originally Posted by Etschell

… the watch is nothing special. it really isnt. seiko has peanuts watches.

You and I usually agree but I have to say, I wholeheartedly disagree with you on this comment.

[Saoirse32]

Originally Posted by brandrea

You and I usually agree but I have to say, I wholeheartedly disagree with you on this comment.

Same.
I realize it’s not for everyone (what watch truly is), but to say it’s nothing special isn’t accurate.


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[Saoirse32]

Regarding the spend requirements-
There are quite a few people in my area that will or have spent well over 6 figures at the Boutique.
I know one of these people and the manager has also told me as much as well.
I, sadly, am NOT one of them lol.


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[Wayne Keene]

You have to remember also that there are a lot of CEO’s and MD’s that will buy 20 x 10k watches for their team as a bonus reward type thing.
Pretty easy for them to quickly build a big spend history without even getting much for themselves.

[macrowatch]

I feel the main problem with this sales reply is on launch, Omega made a big deal about most people will be able to get one. They also made a big deal about how they are not Rolex and playing silly games. The position of the brand was framed as accessible high quality. So to change the sales script just makes the brand position confusing or breaks brand loyalty once the rules are changed mid cycle.

I got mine in ‘22, but if they held deposit for 5 years I would have still bought the watch and then never another Omega.

[dchang81]

i feel like you could buy out their entire display case and not get to 300k.

[llngoc]

Originally Posted by dchang81

i feel like you could buy out their entire display case and not get to 300k.

:-)

After looking at two PM pieces and showed somewhat interested and questioned that even if I bought both pieces at the spot, I would still be only at barely $100k spend. Her reply was: “It will be a start and this is a marathon, not a sprint”. Not sure how to make out of her response. Omega and marathon relationship building does not seem to go together.

At least if they are a brand like FPJ, I would beg them to take my $300k and hand me a watch.

[Oat Willy]

Originally Posted by llngoc

I stopped by the local Swatch owned Omega Boutique as I have always wanted a silver Snoopy being a Peanut fan. And I started by asking if Ed White 321 may be available and the exact answer was: "That is really hard to get; even harder than a silver Snoopy. You need to have about $300000 spend on your profile to get one". Since my real interest was the silver Snoopy, I asked what is the requirement for it. The answer was that I need to spend $130000. At that point, I said: "I cannot see how I can spend $130000 here". Her response: "It is not a sprint, it can be a marathlon." And then I inquired since Breguet is also in the same group, will it be possible for me to spend on Breguet since I genuinely is interested in some models in the Tradition line. But she said no, it has to be on Omega.

Holy cow! That wasn't the Bellevue WA boutique by any chance was it? The chick working there is a real dunce-cap

[WatchWit]

That is an outrageous amount to quote you. I would find another Omega AD to work with.

My current want from Omega is Speedmaster in Moonshine Gold with greed dial

[llngoc]

Originally Posted by Oat Willy

Holy cow! That wasn't the Bellevue WA boutique by any chance was it? The chick working there is a real dunce-cap

This is the San Francisco boutique

[Seo]

I am very shocked to hear this. My boutique simply does first in first serve. I recently got a sapphire set speedy which is off catalogue by simply asking for one.

Only after this last purchase is my spend anything of note. Honestly I’m still not a whale for them.


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[DJ2020]

The good thing about Omega is, That if a boutique tries to play this game, You can go online with there chat help and buy one directly from Omega. By pass the AD all together.