Rolex Sales SKYROCKET & Business Gets TOUGH - "Growing Pains" | WG Selling Time S1: E6
Welcome back to another episode of Selling Time. In Episode 6, "Growing Pains," we dive into the realities of running a business, showcasing the everyday challenges and the unpredictable nature of the industry.
New Year, New Deals
Our year kicks off with a steady climb in Rolex sales. The episode opens with us offering deals on the coveted Rolex Batman 126710BLNR and the Rolex Datejust 126333. These pieces attract customers from Lancaster, driven by our story shared on Instagram and YouTube. It’s a testament to the power of our online presence and the community we’ve built.
LA Fashion Week Insights
We take you behind the scenes at Los Angeles Fashion Week, focusing on watch spotting. Amidst a variety of brands, we noticed a trend towards Apple Watches, with Rolex sightings being rare. This segment offers a snapshot of current fashion preferences and the evolving watch market.
Trade Negotiations
A customer's attempt to trade a 2022 Rolex Starbucks for a 2023 Rolex Batman unfolds, highlighting the intricacies of valuing luxury watches. The addition of an Omega Seamaster to the trade complicates matters, especially when we discover its steel bracelet is aftermarket. This scenario showcases the careful consideration needed in our business.
The Coin Flip Deal
Robertino engages in a high-stakes coin flip over a 2024 Rolex Submariner Unworn. The outcome could swing $13,200 or $12,700, depending on the flip. This moment captures the risk and decision-making inherent in our industry.
Unexpected Discoveries
Our excitement over acquiring a second 2024 Rolex quickly turns to concern when the watch's condition is not as expected. This development puts our problem-solving skills to the test, highlighting the uncertainties of dealing in luxury goods.
A Diamond Deal
The episode closes with a negotiation over a diamond chain valued at $40,000. An offer of $35,000 puts Robertino's negotiation skills on display. It's a fitting end to an episode filled with high stakes and the realities of growing a business.
Episode 6 of WatchGuys Daily offers an honest look at the ups and downs of the luxury watch market. From thrilling sales to challenging negotiations, it's all part of the journey in running a business. Join us for a real-world glimpse into our daily operations, where every challenge is an opportunity for growth.
To shop Luxury Watches visit: watchguys.com/collections/luxury-watches
To shop Gold & diamond jewelry visit: watchguys.com/collections/jewelry
To sell your Luxury watch visit: watchguys.com/pages/sell-my-watch
00:00 - The Chaos of Running a Business
02:03 - Selling the First 2 Watches of the Day
03:38 - Even More Chaos
04:25 - Losing a $500 Coin Flip
05:13 - The "Unworn" Mint Green 126234
05:34 - Are we Expanding the Store?
06:48 - Watchspotting at LA Fashion Week
09:50 - Back to the Store
10:19 - How to Fix a Rolex Crystal in 60 seconds
11:28 - Trading with a Customer
14:00 - Selling a 2nd Batman Within 3 Hours
16:00 - Selling a 500 Gram Diamond Chain
18:15 - Mail Time
20:00 - Go to Watchguys.com