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I have thought about writing this article since the inception of my site. I have been emailed countless times on this subject, and just like taking care of my taxes, I haven’t got around to doing it, until now. A lot of you out there are curious how the watch industry really works? I am here to blow the doors of the bullshit that has been contained, like a constipated fart for way too long now! It’s my gut feeling that people out there have a very skewed image of the watch industry and think it’s kind of glamorous, but it’s not! When I was in retail, thank god that’s over. I was partied to shit that you like read about in books. Everybody is licking your colon clean when you are on top, but when your no longer the favorite, your treated like a bastard step child on crack. The truth is the watch industry is really vein. It’s almost like Hollywood, but not as many fake tits, because they’re are really no beautiful women within the industry. Watch company presidents can be bought like a frigging hooker for the right price, and as long as your playing the game, you get good product. Those watch companies know exactly who they are. At the end of the day it’s a business, like anything else. Don’t get fooled by the nice display and the one off events, the nice suits, and the fancy dinners because they are all figments of your imagination. I got to give credit to the watch companies because they do a great job with giving the illusion of fantasy to they’re retail partners. There is all kind of really dirty politics,like because of rivalry between watch brands, you as the retailer are forced to make uncomfortable decisions. For instance, If you have Breitling in your store and you wanna keep Rolex, you can forget it because Rolex wont stand for it, and lets face it, if it is between the two brands, I would listen to Rolex and dump Breitling any day of the week, because Rolex pays the bills and is 50% of anybody’s watch business who carries the brand.
Then there is the issue of space. If you can survive in the watch business as the owner or upper management, you can definitely run for president, because the politics is out of control. From a young age you are groomed to understand that the watch companies are full of shit and talk with both sides of they’re mouth. You can never say it out loud, but I just did and it feels great! The watch companies want the retailer to sell the product clean, no discount, uphold the image of the brand, yeah what about now in this recessionary time? What you all need to understand is that the watch companies themselves are the one’s responsible for creating the grey market. The squeaky clean image like Michael Phelps on a box of Wheaties is all an illusion. Right now the economy sucks! The retailers can’t pay they’re bills, stores are closing, people are loosing they’re jobs, product is not selling. This translates into desperate times, desperate measures for the watch companies, who end up flooding the market, with Internet based websites created with alias names who are in fact discounting the shit out of they’re own product. So many retailers are in fear that they will loose an important brand if they don’t sell enough product. Let me tell you in some cases the watch companies are worse that the mafia. Shitty product is forced upon the retailer to get a few key pieces if they are lucky, then they key product is pre sold making it look exclusive, whilst all they shitty product is sitting on shelves, blocking money that could turn many times over if the good product was available.
The watch business is so incestuous, everybody is in bed with everybody, and like the news it changes in a blink of an eye. Those who don’t play the game are not making sweet dick for a living, and those who play the game make shit loads of money live the life and are performing anal on these watch companies without the lube! I am sure if you went to any big watch company, and you were not an authorized dealer and you handed them a check for one million dollars, guess what? You now have a new best friend. I feel for the retailer, because they for the most part want to make an honest and decent living, but the reality is they are slaves to the watch companies who are making thousands of percent profit, and are looking to screw the retailer sideways any way they can. So how do the watch companies compensate the retailers? They don’t! They make the retailers suffer and feel like they are doing something wrong constantly. I have a really good friend who runs one of the top watch stores, I respect him so much because he isn’t dependant on any one brand, and if the watch companies pull any shady shit, he has no problem telling them to get the fuck out of his store! This is an exception to the rule because not many people have the power like any of the big guys who buy millions of dollars in inventory, have shit loads of money coming to them in advertising dollars, and have arrangements with the watch companies because they make up a very sizable part of worldwide business.
Forget returning stock, the Swatch Group is notorious for charging a restocking fee, you just can’t win. If you have noticed you are seeing more boutiques owned by the watch brands popping up, and to be honest it’s better because there is more control over product and better trained people because some people who work in watch stores should still be pumping gas. Remember people its all a game. One of the watch companies are notorious, if you are in good standing with them and you call up to order a watch you get it right away, if you fall a little behind, they make your life hell and you are waiting month’s for the same thing.
Next time you see a watch add or walk into a watch store , take it with a pinch of salt, because things are not always what they seem. Please remember my words because I speak the truth and know for a long time now it is the moment you have all been waiting for.