Do you think watch sales slowing

Join Date: Aug 2009 Location: Ohio Posts: 47 Real Name: Rich

rmacwhade Member Member Geek Do you think watch sales slowing? (Answered by Jim)

take for instance renatos last versions with the 775 0 js 179226 27 28 29 the only one that sold out was j179226 the rest with very low production numbers are still available if you look at the back of j179229 it looks like only 15 were made i also think sthurling and andriod are talking a bigger bite out of invicta your thoughts are welcome rich

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ShopNBC General Topics

wave3214

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05-31-2010 07:45 PM

Do you think watch sales slowing? (Answered by...

ShopNBC General Topics

rmacwhade

36

588

05-31-2010 11:15 AM

my speedway was backordered i am happy

ShopNBC General Topics

RenatoDiamond

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68

05-30-2010 02:56 PM

renato mostros prices down

rmacwhade View Public Profile Send a private message to rmacwhade Find all posts by rmacwhade Add rmacwhade to Your Contacts #2 Yesterday, 11:24 AM

JJmoto

Join Date: Apr 2008 Location: Artesia N.M. Posts: 862 Real Name: Josh

Senior Member Veteran Geek

I think that Android,and SO a gaining market share for sure. I think that all watch sales are down for sure. I think the more interesting question would be are shopnbc watch sales down?

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#3 Yesterday, 11:46 AM Join Date: Dec 2008 Location: California Posts: 17,318 Real Name: Gene

RenatoDiamond Senior Member True WatchGeek

Quote:

Originally Posted by JJmoto I think that Android,and SO a gaining market share for sure. I think that all watch sales are down for sure. I think the more interesting question would be are shopnbc watch sales down?

I've thought the same thing as well, you're definitely seeing less of the TTV watches selling out. __________________

RenatoDiamond RenatoDiamond View Public Profile Send a private message to RenatoDiamond Send email to RenatoDiamond Find all posts by RenatoDiamond Add RenatoDiamond to Your Contacts #4 Yesterday, 11:53 AM Join Date: Nov 2008 Location: The Woodlands, TX Posts: 2,415 Real Name: Matt

watchdude1 WatchGeeks Moderator Super Geek

The whole watch industry in general is facing tough times. In 2009, the members of the Swiss federation had negative 22.3% in total sales. The Swatch group was only down 5.5% in sales in comparison. It is going to get worse before it gets better as there is always a global lag with some of these indicators. When the luxury market is facing dismal numbers, everyone is going to take a hit. __________________

"God is great, beer is good, and people are crazy."

-Billy Currington watchdude1 View Public Profile Send a private message to watchdude1 Find all posts by watchdude1 Add watchdude1 to Your Contacts #5 Yesterday, 11:55 AM

timewarped73

Join Date: Dec 2009 Location: Thomasville,North Carolina Posts: 952 Real Name: Michael

Senior Member Veteran Geek

I agree,I have noticed that sell-outs dont happen like they used to.There nice watches being sold on snbc,but the prices need to be lower and value pays need to be at 5 or 6 not at 3. timewarped73 View Public Profile Send a private message to timewarped73 Send email to timewarped73 Find all posts by timewarped73 Add timewarped73 to Your Contacts #6 Yesterday, 12:08 PM

ras Senior Member Master WatchGeek

Join Date: May 2009 Location: OOB.MAINE Posts: 3,143 Real Name: rick

TTV on watches are not doing as well because people are waiting for the next couple of price drops. ras View Public Profile Send a private message to ras Find all posts by ras Add ras to Your Contacts #7 Yesterday, 12:12 PM

Join Date: Apr 2010 Location: New Jersey Posts: 85 Real Name: Barry

blduckhockey Member Member Geek

my son and all his friends (11th graders) do not even have watches or want them.

They all use cell phones to find out the time. I wonder if watches are on the way out to replaced by the world of electronic devices blduckhockey View Public Profile Send a private message to blduckhockey Send email to blduckhockey Find all posts by blduckhockey Add blduckhockey to Your Contacts #8 Yesterday, 12:15 PM

bugduck

Join Date: Mar 2009 Location: Virginia Posts: 2,506 Real Name: Lynn

Senior Member Master WatchGeek

Quote:

Originally Posted by watchdude1 The whole watch industry in general is facing tough times. In 2009, the members of the Swiss federation had negative 22.3% in total sales. The Swatch group was only down 5.5% in sales in comparison. It is going to get worse before it gets better as there is always a global lag with some of these indicators. When the luxury market is facing dismal numbers, everyone is going to take a hit.

Well Said, I Agree ! bugduck View Public Profile Send a private message to bugduck Send email to bugduck Find all posts by bugduck Add bugduck to Your Contacts #9 Yesterday, 12:15 PM

Join Date: Jan 2009 Location: Boca Raton, FL Posts: 1,657 Real Name: Steve "Swolle"

Swolletime Senior Member Super Geek

After the SAN IV auto went on to DOD sites so quickly after their introduction, people are willing to wait. Lesson learned __________________

..

SAS VallĂŠe de Joux 7750 Swolletime View Public Profile Send a private message to Swolletime Find all posts by Swolletime Add Swolletime to Your Contacts #10 Yesterday, 12:19 PM Join Date: Feb 2009 Location: Tacoma Wa Posts: 1,553 Real Name: Dennis

D-Smoke Senior Member Super Geek

Quote:

Originally Posted by blduckhockey my son and all his friends (11th graders) do not even have watches or want them.

They all use cell phones to find out the time. I wonder if watches are on the way out to replaced by the world of electronic devices My sons a 3rd grader and he wears watches to school everyday and is a WG member, Big Bubba. His friends are ALWAYS asking him about his watches and think he's rich!

I Wish! LOL! There are adults who feel the same way about using cell phones to tell

time. Watches are for people who dont just wanna tell time! They wont be on their way out due to technology or electrical devices because to those of us who love watches electronic devices cant replace a watch. I have the time on my cell, in my car, and in my room I have the time on 4 different devices, still Im buying watches. I dont buy them just to tell time. __________________ Big Denny In T-Town

D-Smoke View Public Profile Send a private message to D-Smoke Send email to D-Smoke Find all posts by D-Smoke Add D-Smoke to Your Contacts #11 Yesterday, 12:24 PM Join Date: Apr 2010 Location: New Jersey Posts: 85 Real Name: Barry

blduckhockey Member Member Geek

I do not disagree with you. However I just see fewer and fewer kids with them. To me that means that they will not learn to appreciate them. That worries me. blduckhockey View Public Profile Send a private message to blduckhockey Send email to blduckhockey Find all posts by blduckhockey Add blduckhockey to Your Contacts

#12 Yesterday, 12:29 PM Join Date: Nov 2008 Location: Justin, Texas in DFW Posts: 4,635 Real Name: Steve

fullautoarmalite Senior Member Master WatchGeek

Unless we have been living under a rock for the last few years, everything is slowing down, there are countries falling all around us and the unemployment rate is 10% and still growing, not to mention we are still in a war and the oil is still spewing out by the thousands of gallons everyday and thats just the tip of the iceberg. but yes i think watch sales are slowing. __________________

fullautoarmalite View Public Profile Send a private message to fullautoarmalite Send email to fullautoarmalite Find all posts by fullautoarmalite Add fullautoarmalite to Your Contacts #13 Yesterday, 12:38 PM

talestar

Join Date: Apr 2010 Posts: 58

Member Member Geek

watch sells all around are droping so the makers are raising prices just to make some kind of profit to keep the lights on.As far a Renato not selling out as fast, thats a bigg plus for me,this way i can get more time to save up to buy them or wait till clerence sale.

talestar View Public Profile Send a private message to talestar Find all posts by talestar Add talestar to Your Contacts #14 Yesterday, 12:42 PM Join Date: Oct 2009 Posts: 1,730

KOKONUTZ Senior Member Super Geek

The youth of today do not need nor wear watches....cellphones are their time machines.

People born from the turn of the century through the mid 80's are more apt to be sporting a watch (more of a fashion statement than to tell time) JMHO. KOKONUTZ View Public Profile Send a private message to KOKONUTZ Find all posts by KOKONUTZ Add KOKONUTZ to Your Contacts #15 Yesterday, 12:44 PM Join Date: Feb 2008 Posts: 14,769 Real Name: "Diamond Jim" Skelton

jskelton WatchGeeks Owner True WatchGeek

I can only speak in generalities, and any specifics would relate ONLY to my own personal shows...

The entire industry is down. Record lows actually... but at ShopNBC our watch sales have grown every year for the last 6 years straight. We have already sold more so far in 2010 than we did this time last year... we continue to grow.

That is as of my last shows, I have not seen any numbers over the last week because I have not been in the office.

Speaking only about my personal hours... my shows have continued to grow as well.

It's harder to really track because we now do so many more watch hours than we have ever done in the past, I think something like 40% more watch programming

now than we had a couple years ago.

The extra hours really began in February of 2009, my personal on-air work schedule tripled... and stayed that way for about a year. It is still much greater than it used to be. Also Tim is here, and all the other hours hosted by various hosts... we have a LOT more now than ever before.

You don't waste airtime, it is extraordinarily expensive... you put your best performing product on the most. Watches are still the number one category in the company, as it has been for a solid 3 years, and always been in the top 2 for the last 6 years.

The company is of course working on really cool surprises for electronics, home products and jewelry... so over time we will see a few less hours for watches as these areas continue to grow and become more & more popular. __________________

Quote:

Originally Posted by charleswatts Your candor in the explanation reveals the nature of the relationship you have formed with your viewers.

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Find all posts by jskelton Add jskelton to Your Contacts #16 Yesterday, 12:47 PM

bigwatchking1 Senior Member Master WatchGeek

Join Date: Jan 2010 Location: ohio Posts: 2,975 Real Name: Nhard

i think us watchgeeks buy enough watches for the rest of the world....and the younger generation has no need for one with cellphones , ipods ,and mp3 players,,but

my sons have got into collecting so there might be hope for the rest of the world,, __________________

when I find they guy who stole my watch bigwatchking1 View Public Profile Send a private message to bigwatchking1 Send email to bigwatchking1 Find all posts by bigwatchking1 Add bigwatchking1 to Your Contacts #17 Yesterday, 12:49 PM Join Date: Mar 2008 Location: New York Posts: 1,571

JavaQueen Senior Member Super Geek

There are a combination of factors. To look at it globally: the younger generation is not inclined to use watches. They use their cell. This is also the generation that has trouble telling time on an analog watch. Having said that, there is a small segment of a certain age (20s-30s) that appreciates them for S-tatus. In other words, Rolex, Panerai and Cartier. just for the name.

The economy is suffering here and those in the West are beginning to suffer. You won't know the impact of that on the emerging markets. (Very important because they have the growing disposable income and they are the outsourcers.)

To bring it down on a local level" Watches are disposable income and people are pulling back in general. They are either paying down debt, unable to procure anymore, or having learned their lesson, will be making further discretionary purchases. Watches fall into that category. How many more watches can a person buy? Even if you wanted to?

To bring it down to the micro-level: Shop is not being as generous with VPs as before and when factoring in tax and shipping charges, no longer as attractive a source for

watches.

JavaQueen View Public Profile Send a private message to JavaQueen Find all posts by JavaQueen Add JavaQueen to Your Contacts #18 Yesterday, 01:04 PM

Geoffrey_Thorpe

Join Date: Apr 2010 Location: With the Sea Hawks Posts: 42

Member Member Geek

It just stands to reason, people don't collect mattresses or have 20 sheet sets like watches. Once you buy one, you're kinda good to go for awhile.

Men who don't wear french cuffs have limited jewelry options: watches, writing instruments and rings. Many guys won't even wear their wedding band, so rings could be a problem to convince us to have multiple items. Personal writing instruments are a symbol or power and prestige in many countries, but not so much in the U.S. outside of business. That leaves watches as the one jewelry item that men can buy multiple of and keep coming back for more.

Plus if the manly on air salesperson wears a pirate shirt and whips out his M1 to demonstrate scratch resistance of the crystal..even better.

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davidboy Senior Member Senior Geek

If things keep the way they are with our countries problems even The Shop will suffer it will Hit everyone who do you think is really going to pay for the Oil spill . watch Geeks and all the Guys that enjoy a Hobbie of Watches. You still can not eat a watch

davidboy View Public Profile Send a private message to davidboy Find all posts by davidboy Add davidboy to Your Contacts #20 Yesterday, 01:10 PM Join Date: Apr 2008 Location: Tempe, suburb of Phoenix Posts: 17,567

wave3214 Senior Member True WatchGeek

Great explanation Jim. I guess all things are down a bit right now, glad to hear that SNBC is weathering the storm well __________________

wave3214 View Public Profile Send a private message to wave3214 Find all posts by wave3214 Add wave3214 to Your Contacts #21 Yesterday, 01:36 PM

rottieluv Senior Member Super Geek

Join Date: Mar 2009 Location: Zellwood, FL (near Orlando) Posts: 1,416 Real Name: Denise

This is just one little observation. For awhile recently the word was that the economy was getting better, we were climbing out of the abyss the economy

had become. I think that was overly optimistic. I know many folks who are in a grim situation financially, and they have had to scale way back just to survive and keep their homes.

Luckily, my home is paid for, but my watch budget has dried up and I don't see that changing for quite some time. ~ Denise rottieluv View Public Profile Send a private message to rottieluv Find all posts by rottieluv Add rottieluv to Your Contacts #22 Yesterday, 01:37 PM

Bourbon City

Join Date: Feb 2010 Location: Indianapolis Posts: 280 Real Name: Dale

Senior Member Senior Geek

I know many people that no longer wear wrist watches nor carry pocket watches because of cell-phone clocks, computer clocks and automobile clocks. Most everywhere you go or look now days there are accurate clocks to give you the time.

BC Bourbon City View Public Profile Send a private message to Bourbon City Find all posts by Bourbon City Add Bourbon City to Your Contacts #23 Yesterday, 01:38 PM

tampa8

Join Date: Oct 2008 Location: Tampa FLorida & Storrs Ct Posts: 1,041

Senior Member Super Geek

I hope sales continue upwards for Shop and they stay in business for a long time. I am going to want something to complain about, might as well be shop. __________________

Remember, watches are people too. tampa8 View Public Profile Send a private message to tampa8 Find all posts by tampa8 Add tampa8 to Your Contacts #24 Yesterday, 01:42 PM Join Date: Apr 2010 Location: New Jersey Posts: 85 Real Name: Barry

blduckhockey Member Member Geek

Well one thing from all I this--I still love watches and as Jim can testify--ShopNBC is doing fine in the watch department--so that makes me glad!!!

PS Jim--maybe the sales have a lot to do with you!!!! just a thought. blduckhockey View Public Profile Send a private message to blduckhockey Send email to blduckhockey Find all posts by blduckhockey Add blduckhockey to Your Contacts #25 Yesterday, 02:10 PM Join Date: Nov 2009 Location: Pompano Beach , Fl. Posts: 1,745 Real Name: Roger

Rog1 Senior Member Super Geek

Heard an interesting supposition a few days ago on a local news station. Only time will tell if it comes true. The next generation (our children), will be the first generation in our Nations history, that does NOT have a better standard of living than the

generation that immediately preceded it.

R __________________

I'm earning extra watch money, one wipe at a time!!!!

Join Date: Jul 2008 Location: Spring Texas Posts: 1,038 Real Name: Dave

dacathey Senior Member Super Geek

Quote:

Originally Posted by blduckhockey Well one thing from all I this--I still love watches and as Jim can testify--ShopNBC is doing fine in the watch department--so that makes me glad!!!

PS Jim--maybe the sales have a lot to do with you!!!! just a thought.

Lets put it this way Tim Temple was on a competing channel selling watches and they have about stopped their watch shows. Maybe it's Jim, maybe it's better product, maybe both. __________________

dacathey View Public Profile Send a private message to dacathey Find all posts by dacathey Add dacathey to Your Contacts #27 Yesterday, 02:22 PM Join Date: Dec 2008 Location: California Posts: 17,318 Real Name: Gene

RenatoDiamond Senior Member True WatchGeek

Quote:

Originally Posted by dacathey Lets put it this way Tim Temple was on a competing channel selling watches and they have about stopped their watch shows. Maybe it's Jim, maybe it's better product, maybe both.

I'm sure that decision wasn't as black and white __________________

RenatoDiamond RenatoDiamond View Public Profile Send a private message to RenatoDiamond Send email to RenatoDiamond Find all posts by RenatoDiamond Add RenatoDiamond to Your Contacts #28 Yesterday, 02:59 PM

Join Date: Jul 2008 Location: Spring Texas Posts: 1,038 Real Name: Dave

dacathey Senior Member Super Geek

I was just pointing out that Tim is no slouch selling watches so ShopNBC is doing something better than their competitors otherwise watch sales would be up on both channels. __________________

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Hotspur Senior Member Super Geek

Join Date: Feb 2010 Location: Here - now Posts: 1,067 Real Name: William (Bill)

Quote:

Originally Posted by Rog1 Heard an interesting supposition a few days ago on a local news station. Only time will tell if it comes true. The next generation (our children), will be the first generation in our Nations history, that does NOT have a better standard of living than the generation that immediately preceded it.

R Have wondered the same thing for a while, but was reluctant to come right out and say so. Not particularly a doom and gloom "glass half empty" kind of guy either. Still believe we in the U.S. can turn it around and lead the way out of this mess. __________________

They all wound - the last one kills

(inscribed below a 15th century clock) Hotspur View Public Profile Send a private message to Hotspur Find all posts by Hotspur Add Hotspur to Your Contacts #30 Yesterday, 03:37 PM Join Date: Aug 2008 Location: PA Posts: 2,506

Joe Tex Senior Member Master WatchGeek

Quote:

Originally Posted by Swolletime After the SAN IV auto went on to DOD sites so quickly after their introduction, people are willing to wait. Lesson learned DITTO my brutha...

Peace N Love Joe Tex View Public Profile Send a private message to Joe Tex Send email to Joe Tex Find all posts by Joe Tex Add Joe Tex to Your Contacts #31 Yesterday, 03:43 PM

CLEANS-HIGH Senior Member Veteran Geek

Join Date: Jul 2008 Location: Aliquippa Pa Posts: 795

The other watch show Tim Temple was on, IMO did not put as much effort in watches as SNBC does. I mean they had watch shows TUE & Thur from 12.00AM till 2.00Am, who is going to be able to watch it at those times, I did for awhile but when you get up at 5.00AM it's is tough. I just think they were putting more effort in the Jewelry than watches, Not the Hosts but the company as a whole, Just my opinion CLEANS-HIGH View Public Profile Send a private message to CLEANS-HIGH

Find all posts by CLEANS-HIGH Add CLEANS-HIGH to Your Contacts #32 Yesterday, 05:26 PM Join Date: Nov 2008 Posts: 533

the watcher Senior Member Veteran Geek

The question is, Has SHOPNBC sold more units or more gross sales in dollars. The economy is still bad and getting worse IMHO. the watcher View Public Profile Send a private message to the watcher Find all posts by the watcher Add the watcher to Your Contacts #33 Yesterday, 05:31 PM Join Date: Mar 2009 Location: Cleveland, Ohio Posts: 266 Real Name: Dale

dalepac Senior Member Senior Geek

As one who works in Medicine, I can just see the face of my Patient when I whip out my cellphone to take the Heart Rate, Pulse and Respiration count...Give me a break, there will always be a need...The sweet thing of owning so many great watches is often the conversation that occurs about them...Keep up the Great Work (Invicta, SO, Android, Croton, Deep Blue)... dalepac View Public Profile Send a private message to dalepac Send email to dalepac Find all posts by dalepac Add dalepac to Your Contacts #34 Yesterday, 05:57 PM

dostacos Member Member Geek

Join Date: Apr 2010 Posts: 48 Real Name: Dan S

I bought a pair of Russian Divers, one for me and one for #3 son. Number 3 son said I only wear bracelet watches {and grabbed my Swiss Army watch} I also bought my wife the baby Lupah with the heart crystals and extra straps. the FIRST thing my RN wife asked is, did it have a sweep second hand {like I would ever buy her a watch without the sweep second hand } Gave #2 son a Venom which he does like, and will be working a job that he should NOT be pulling his phone out to check time Number 1 son is a professional photographer so he can use the phone, I am working

on him but so far.... dostacos View Public Profile Send a private message to dostacos Send email to dostacos Find all posts by dostacos Add dostacos to Your Contacts #35 Yesterday, 07:11 PM

capthook Senior Member Veteran Geek

Join Date: Mar 2009 Location: new jersey Posts: 932 Real Name: buzz

kids grow up.....and eventually want to get dressed for style...for dates and such....then evetually meetings....they will need watches......i take great pleasure in being the one they come to ask advice on watches...i also take great pride in being able to show them the collection...and advise them on what style watch is best suited for what occasion......they will need watches.....be there for them when they do.... capthook View Public Profile Send a private message to capthook Send email to capthook Find all posts by capthook Add capthook to Your Contacts #36 Yesterday, 07:17 PM

rmacwhade Member Member Geek thank you all rich Quote:

Join Date: Aug 2009 Location: Ohio Posts: 47 Real Name: Rich

Originally Posted by rmacwhade take for instance renatos last versions with the 775 0 js 179226 27 28 29 the only one that sold out was j179226 the rest with very low production numbers are still available if you look at the back of j179229 it looks like only 15 were made i also think sthurling and andriod are talking a bigger bite out of invicta your thoughts are welcome rich after seeing all the replys to myk question a couple of things are very outstanding.the economy has a long hard trip to get back to anvwhere close to what it was most collector hobbies will take a major hit and the descruction of the gulf oil spill will hurt all of us god bless america we need it now sincerly rich rmacwhade View Public Profile Send a private message to rmacwhade Find all posts by rmacwhade Add rmacwhade to Your Contacts #37 Yesterday, 07:37 PM

rmacwhade Member Member Geek

Join Date: Aug 2009 Location: Ohio Posts: 47 Real Name: Rich

after reading all the coments a couple of things are outstanding the economy has along hard trip to get back to where it was most collector hobbies willtake a large hit and the destruction of the gulf coast by this killer oil spill will hurt us all god bless america we sure need it rich