Join Date: Nov 2009 Location: Las Vegas Nv. Posts: 3,008 Real Name: Ralph Williams
reserveman Senior Member Master WatchGeek
I don't understand what Eyal is doing.
1st this is not a bash so lets please keep it that way. I'm just trying to understand. Why would he put the watches on sale as a TTV then a few months later do a once only half price sale then let WOWs sell them even cheeper. Then put them on the sunday run at even half the once only price. I know i'm getting frustrated by this. I enjoy collecting watches but not loosing a ton of money. It makes me feel a little played. No wonder these watches have no resale. I see people selling there watches they bought at the TTV price and they don't sell due to them selling for much less online. Eyal and SNBC need to rethink this stratagy Please. Please try to keep this thread for family viewing.
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reserveman View Public Profile Send a private message to reserveman Send email to reserveman Find all posts by reserveman Add reserveman to Your Contacts #2 Yesterday, 08:34 PM
Leed24
Join Date: Sep 2009 Location: Phoenix, AZ. Posts: 433 Real Name: Lee
Senior Member Senior Geek
Stop buying watches and expect them to hold their value. Get it out of your head altogether. If you don't you will go mad. Buy the watch at the best price you can because you like it. Thats it ! No other reason.
Leed24 View Public Profile Send a private message to Leed24 Send email to Leed24 Find all posts by Leed24 Add Leed24 to Your Contacts #3 Yesterday, 08:39 PM Join Date: Aug 2008 Location: San Antonio,TX Posts: 1,481
Z4MC
Senior Member Super Geek
Quote:
Originally Posted by Leed24 Stop buying watches and expect them to hold their value. Get it out of your head altogether. If you don't you will go mad. Buy the watch at the best price you can because you like it. Thats it ! No other reason. Oh yes- especially when it comes to most shop brands- a FEW Invicta's hold their values but NEVER buy them for that- buy them cuz you like them at a price you think is fair. I agree with you they play pricing games that can be frustrating- it does happen but believe me Eyal is not in the business of maintaining resale value with the HUNDREDS OF THOUSANDS of pieces he has to move. A few select pieces yes but do our research..wait... then pounce! Some I have bought and had a great deal on- and others, same as you described, they came back cheaper. Part of the deal __________________ The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money. ...Alexis de Tocqueville after travelling to America 1834 Z4MC View Public Profile Send a private message to Z4MC Find all posts by Z4MC Add Z4MC to Your Contacts #4 Yesterday, 08:41 PM
SeaVulture Senior Member Super Geek
Join Date: Feb 2010 Location: San Antonio, Texas Posts: 1,993 Real Name: William
These products are not an investment. They are a Collectable Entertainment Value, meant to be purchased with your EXTRA (DISPOSABLE) cash. Please, don't think of your watch collection as a means of creating wealth, because it just isn't. If you want to build wealth, buy gold, real estate, and stock optiions. __________________
Welcome to The Invicta Reserve SubAqua Venom Valgrange A07.211 Automatic WatchGeek Registry! http://watchgeeks.net/showthread.php?t=90044 SeaVulture View Public Profile Send a private message to SeaVulture Find all posts by SeaVulture Add SeaVulture to Your Contacts #5 Yesterday, 08:46 PM Join Date: Jul 2008 Location: morris county, NJ Posts: 1,031
Jerseyruss Senior Member Super Geek
All the watches I bought I bought because I liked them & wanted to wear them, never w/ any intent to sell them. Unfortunitly due to severe medical bills I'm forced to sell many of them (starting this week). I just figured if I did'nt wear them anymore that I would pass them through the family, which I have been doing w/ some. Now w/ the med. bill pressure I'm selling some of them off. But that was never my intent because from what I've been seeing I'm not going to get much back on what I paid for them.
Jerseyruss View Public Profile Send a private message to Jerseyruss Find all posts by Jerseyruss Add Jerseyruss to Your Contacts #6 Yesterday, 08:49 PM Join Date: Aug 2008 Location: San Antonio,TX Posts: 1,481
Z4MC
Senior Member Super Geek
Quote:
Originally Posted by SeaVulture These products are not an investment. They are a Collectable Entertainment Value, meant to be purchased with your EXTRA (DISPOSABLE) cash. Please, don't think of your watch collection as a means of creating wealth, because it just isn't. If you want to build wealth, buy gold, real estate, and stock optiions. LOL extra disposable cash!! I have heard of such a thing in stories and folklore! __________________ The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money. ...Alexis de Tocqueville after travelling to America 1834 Z4MC View Public Profile Send a private message to Z4MC Find all posts by Z4MC Add Z4MC to Your Contacts #7 Yesterday, 08:51 PM
boaters Senior Member Veteran Geek
Join Date: Nov 2009 Location: Washington Posts: 980 Real Name: Mike
It's Like Gambling I Never Win...Always Pay More But I Know That Up Front I Call It An Investment In Life...Everybody Needs One Or You Will Go Crazy Forget About The Money And Enjoy Your Watch.
boaters View Public Profile Send a private message to boaters Find all posts by boaters Add boaters to Your Contacts #8 Yesterday, 08:51 PM
jwin66
Join Date: Jul 2009 Posts: 100
Senior Member Senior Geek precisely
In the antique trade a piece is only worth as much as anyone is willing to pay for it which can be said for most anything else including watches. However high end watches with established reputations like Omega, Tag Huer and others will always hold more of there monetary value than Invicta and watches with similar price points. How many Rolex, Omega and other brands would you honestly see at 50 to 75 percent off there original retail. It's a marketing tool that some watch companies use to sell watches. Buy watches you can afford and buy them because to love them..that's the beauty of collecting there will always be someone else offering your Invicta watch for slightly more or less than what you think it is worth. Jon member geek
jwin66 View Public Profile Send a private message to jwin66 Send email to jwin66 Find all posts by jwin66 Add jwin66 to Your Contacts #9 Yesterday, 08:58 PM
cm1061
Join Date: Mar 2008 Posts: 249
Senior Member Senior Geek
Oh Well......
I purchased the then "Hot Off the Presses" SAS in it's Plain Stainless iteration as Jim Skelton's Host Pick Show item (which ShopNBC doesn't do any longer). This was the World Debut and I had to have it. It cost me 900.00!!!!!! All with the Eta251- Mvt and a Silvertone Dial. Now, we all know what these SAS Models sell for today. Had to have it, Paid The Price. Got a Black/Rosetone Model for Exactly HALF that price. Now I feel a little better. We've All Been There. I know I have learned my Lesson.
Clark in Seattle. PS-I rationalized the purchase by the fact the 7750 Version was the Exact Same Watch, just a different Mvt. It was selling then for 2000.00. Have over 30 7750 Auto-Chronos, so the Mvt was not the issue. cm1061 View Public Profile Send a private message to cm1061 Find all posts by cm1061 Add cm1061 to Your Contacts #10 Yesterday, 09:15 PM
reserveman
Join Date: Nov 2009 Location: Las Vegas Nv. Posts: 3,008 Real Name: Ralph Williams
Senior Member Master WatchGeek
I think it would be different if it was maybe a year or something that they drop but 1 or 2 months is a little much. Maybe its different cause here at watch geeks we keep more atuned to pricing. The retail people don't know what we do. reserveman View Public Profile Send a private message to reserveman Send email to reserveman Find all posts by reserveman Add reserveman to Your Contacts #11 Yesterday, 09:29 PM
Leed24
Join Date: Sep 2009 Location: Phoenix, AZ. Posts: 433 Real Name: Lee
Senior Member Senior Geek
Quote:
Originally Posted by reserveman I think it would be different if it was maybe a year or something that they drop but 1 or 2 months is a little much. Maybe its different cause here at watch geeks we keep more atuned to pricing. The retail people don't know what we do. Sounds to me like you answered your own question. If you know you only have to wait 1 or 2 months for the watch to drop in price. Why not do that ? Makes perfect sense !
Leed24 View Public Profile Send a private message to Leed24 Send email to Leed24 Find all posts by Leed24 Add Leed24 to Your Contacts #12 Yesterday, 09:30 PM
shazkota
Join Date: Apr 2010 Location: Salem, Oregon Posts: 66 Real Name: Jim
Member Member Geek
I have noticed that most of your reduced price Invictas found at sunday run and Wow and invictashark are mainly goldtone blue face rubber strapped watches and I think the value of invictas are in the nice bracelets of the reserve level line.So in order to get those you pay a higher price, If you wait you get rubberized versions. shazkota View Public Profile Send a private message to shazkota Send email to shazkota Find all posts by shazkota Add shazkota to Your Contacts #13 Yesterday, 09:33 PM Join Date: Jun 2009 Location: Wilsonville, Oregon Posts: 329 Real Name: Brad II
OBRADFORD Senior Member Senior Geek
When it comes to watches, like so many things, you really have to be an aware consumer if you're trying to get the best, or at least a good value. I, like I'm sure many of you, have waited so long for a "good" price that I've lost out on a watch I really wanted. But, there always seems to be another watch that shows up and catches my eye and the whole cycle begins again.
OBRADFORD View Public Profile Send a private message to OBRADFORD Find all posts by OBRADFORD Add OBRADFORD to Your Contacts #14 Yesterday, 09:34 PM Join Date: Apr 2009 Location: Warwick, RI Posts: 1,837 Real Name: Jason
Drops
Senior Member Super Geek
That's why I wait....and can save a chunk of change Drops View Public Profile Send a private message to Drops Find all posts by Drops Add Drops to Your Contacts #15 Yesterday, 09:36 PM
dbranch
Join Date: Mar 2008 Location: Long Beach, California Posts: 3,673
Senior Member Master WatchGeek
I'm not collecting watches for an investment. I'm collecting watches to wear and, occasionally to trade or, possibly sell, if the magic wears off. If I wanted to lose money, there are far better and faster ways to do it, anyway. I do not understand people discussing this like the stock market. If you can live with the drop in value of a new car as soon as you drive past the driveway, you really ought to be able to handle the fact a watch, made in numbers Invicta's are, are going to drop like a stone simply because they have to move product. __________________ Werewolves of London, again... dbranch View Public Profile Send a private message to dbranch Find all posts by dbranch Add dbranch to Your Contacts
#16 Yesterday, 09:41 PM Join Date: Apr 2010 Location: Virginia Posts: 679
CHUCK WAGON Senior Member Veteran Geek
Quote:
Originally Posted by Z4MC Oh yes- especially when it comes to most shop brands- a FEW Invicta's hold their values but NEVER buy them for that- buy them cuz you like them at a price you think is fair. I agree with you they play pricing games that can be frustrating- it does happen but believe me Eyal is not in the business of maintaining resale value with the HUNDREDS OF THOUSANDS of pieces he has to move. A few select pieces yes but do our research..wait... then pounce! Some I have bought and had a great deal on- and others, same as you described, they came back cheaper. Part of the deal I dont think he's referring to depreciation, he's referring to re-sale of a watch currently selling at a higher price by someone who purchased it on one of Invictas many sales all over the place. He has a point but my response would be perhaps a little patience as to how quickly and where you purchase your pieces may save you hundreds even thousands of dollars down the road..... CHUCK WAGON View Public Profile Send a private message to CHUCK WAGON Find all posts by CHUCK WAGON Add CHUCK WAGON to Your Contacts #17 Yesterday, 09:41 PM
willie99
Join Date: Dec 2009 Location: Boston, MA Posts: 204
Senior Member Senior Geek
It helps me when I'm considering a purchase on ShopNBC to totally ignore the "sale" inducements (Once Only, TTV, slashed retail price, etc., etc.), and just look at the actual price I pay. Then think whether the watch is worth that price to me, or whether I would rather wait and pick it up later at a lower price.
Unless it is a limited edition, it almost always pops up later at a lower price. I think people have been feeling a bit more burned than normal because the speed at while the price reductions occur seems to be increasing. However, there is nothing wrong with what Shop is doing -- they offer most of the watches first, so if you want it first, you can buy it from Shop. They offer value pays, they offer a long 5-yr warranty, and you can trust buying from the Shop. However, they typically not the lowest price option, which I've learned from this site. willie99 View Public Profile Send a private message to willie99 Find all posts by willie99 Add willie99 to Your Contacts #18 Yesterday, 09:44 PM Join Date: Dec 2009 Posts: 64
hooptious02 Member Member Geek
It's like anything else in retail..."early adopters" pay a premium, and always will. Retailers count on it. It's always a question of how patient the customer is, and the retailer *always* knows there will be folks who can't wait. hooptious02 View Public Profile Send a private message to hooptious02 Find all posts by hooptious02 Add hooptious02 to Your Contacts #19 Yesterday, 10:12 PM Join Date: Mar 2008 Location: Southern California Posts: 9,480
Magster Senior Member True WatchGeek
I understand your frustration, Ralph, but this is SNBC's doing, not so much Eyal's... IF you have the time to log in here every night, and check the Hot Deals section, then you can see the "going" prices for Invicta watches. We have two great geeks that post all the deals for us, so it is fairly quick and easy to review the sales. Based on doing that, we here in the forum do tend to be more attuned to the low prices some folks are paying (compared to SNBC)...
So, you can wait for the deals and hope that the model you wanted, in the color you wanted, does not sell out before they hit the deal sites, or you can pay the higher prices...
If it helps at all... I think of SNBC as a form of entertainment. I enjoy watching the watch shows and when Jim is selling, it can be like going to see a comedy movie! When I see that SNBC has a sale on a watch, and that price is slightly higher than a daily deal site, I try to buy from SNBC. Why? Because I want to support the watch shows! I want them to suceed so that I can be entertained/informed watching them. It is like an entertainment fee... If the price difference is high, I buy from the deal site and am fine with doing so... It does take a lot of time to be an informed buyer with Invicta watches. The prices can vary greatly, even from one month to the next at the same seller... Magster View Public Profile Send a private message to Magster Find all posts by Magster Add Magster to Your Contacts #20 Yesterday, 10:21 PM Join Date: Nov 2009 Posts: 174
Keenan Senior Member Senior Geek
Yeah as said before, these ShopNBC brands are on the lower end of the watch totem pole (no offense just reality), even if they are 51% swiss made lol. If you are looking for your pieces to hold their value, then you need to buy higher end brands like Rolex, Omega, Tag etc. These we deal with here are purely for collectibility and fun I have about 30 Invictas and love them, but I also collect some higher end as well. Both have their purpose __________________
PERFECTION Keenan View Public Profile Send a private message to Keenan Send email to Keenan Find all posts by Keenan Add Keenan to Your Contacts #21 Yesterday, 10:46 PM
Scout13
Join Date: Nov 2009 Location: Manlius, New York Posts: 439 Real Name: Randy
Senior Member Senior Geek
I agree with the OP and can see what he really is saying. But, Bro you have come to the wrong place to get anyone to side with what your talking. It just does not happen here, much. No offense to posters but any negitivity to the powers to be, will call out the wolf pack. I have learned that the hard way. I do not start threads any more just for that reason, its like a somewhat political correct gang tackle, if you will. To do so is not worth the...(forgive my crudeness and stretching of the situation)...beatdown you will recieve, not to mention the spelling lessons you will get, (Free of Cost from some geeks) (private joke) All you may recieve is a label from the 3,000 plus posters and a bad case of the flu...lol I own over 25 Invicta's and love them, but can not seem to post a concern without a post slapdown and an internet version of toothpicks under the fingernails session. I do share your thoughts and feel your pain if it is any benefit to you. Sorry for my thoughts in advance, I have the toothpicks ready and waiting!...lol __________________
Scout13 View Public Profile Send a private message to Scout13 Send email to Scout13 Find all posts by Scout13 Add Scout13 to Your Contacts #22 Yesterday, 10:56 PM Join Date: Apr 2008 Location: Tempe, suburb of Phoenix Posts: 19,434
wave3214 Senior Member True WatchGeek
I love watches, all watches. Something about all the gears working in harmony in a case that small that is pleasing to the eye amazes me. But I look at watches like I look at cars or anything else as a tool, something that loses value the moment you walk away with it. For this reason I do my home work and buy timepieces I really like with no thought to future value cause as a rule I dont plan on ever selling them. Watches I buy either stay in my possession or are gifted to somebody who I want to make smile. For this reason I dont use VPs and have car loans because its always seemed silly to me to acquire debt on something that begins to devalue immediately. My advice is to buy what makes you happy and enjoy it and dont worry if the price goes up or down later cause at the time you bought it you could afford it and it made you smile. Life is short enjoy it __________________
wave3214 View Public Profile Send a private message to wave3214 Find all posts by wave3214 Add wave3214 to Your Contacts #23 Yesterday, 10:59 PM
Join Date: Mar 2008 Posts: 2,567
Watch_Crazy Senior Member Master WatchGeek
Quote:
Originally Posted by SeaVulture These products are not an investment. They are a Collectable Entertainment Value, meant to be purchased with your EXTRA (DISPOSABLE) cash. Please, don't think of your watch collection as a means of creating wealth, because it just isn't. If you want to build wealth, buy gold, real estate, and stock optiions.
Actually, those last two have lost quite a bit of value in the past couple of years! ... ... and now is definitely NOT the time to buy the first one! __________________ HI! - I'm Larry & I'm Wacky About Watches -
… So, You Can Also Call Me … 'Crazy LARRY' Watch_Crazy View Public Profile Send a private message to Watch_Crazy Find all posts by Watch_Crazy Add Watch_Crazy to Your Contacts #24 Yesterday, 11:34 PM
Scout13
Join Date: Nov 2009 Location: Manlius, New York Posts: 439 Real Name: Randy
Senior Member Senior Geek
I do not think the OP is taking about future value or holding value. I think he is talking about present value, and 3 diff values at that!, for the same watch, brand new. Over a short time frame from the same seller Invicta, First a TTV, second a once only, then a Sunday run. I think he has value in his point. As much as I love Invicta and will always buy many watches, a one time only is to be the lowest at any time...end of story. You are not supposed to see it lower, unless on a discount site, which can not be controlled. You would not expect that form Invicta. __________________
Scout13 View Public Profile Send a private message to Scout13 Send email to Scout13 Find all posts by Scout13 Add Scout13 to Your Contacts #25 Today, 02:52 AM
NCEngineer
Join Date: Jun 2010 Posts: 36
Member Member Geek
Quote:
Originally Posted by reserveman 1st this is not a bash so lets please keep it that way. I'm just trying to understand. Why would he put the watches on sale as a TTV then a few months later do a once only half price sale then let WOWs sell them even cheeper. Then put them on the sunday run at even half the once only price. I know i'm getting frustrated by this. I enjoy collecting watches but not loosing a ton of money. It makes me feel a little played. No wonder these watches have no resale. I see people selling there watches they bought at the TTV price and they don't sell due to them selling for much less online. Eyal and SNBC need to rethink this stratagy Please. Please try to keep this thread for family viewing. I don't think it's him. He's not the retailer. Retailers can sell at MSRP, or at a discounted price. It's up the them, really,
50mm&up
Join Date: Jun 2009 Location: Braintee, MA. Posts: 11,958 Real Name: Rick
Senior Member True WatchGeek
Do you have any examples of a watch that has gone through this process? I may have to sign up for the SR. __________________
Summertime and the livin's easy! 50mm&up View Public Profile Send a private message to 50mm&up Send email to 50mm&up Find all posts by 50mm&up Add 50mm&up to Your Contacts #27 Today, 03:08 AM Join Date: Dec 2009 Location: SUBURBS OF PITTSBURGH Posts: 1,158 Real Name: MARK
MARK G. Senior Member Super Geek
This is the same as any other retail industry.....eyal makes a watch and needs x amt. Out of it. He sells to snbc for that amount and they test the waters and have fancey names doing so ie: Ttv...otv....founders day etc. They make as much as they can and while it is still hot, they put it on sale. I would think that snbc and all other retailers pay less than any one of us can buy on the sunday run __________________
MARK G. View Public Profile Send a private message to MARK G. Send email to MARK G. Find all posts by MARK G. Add MARK G. to Your Contacts #28 Today, 03:10 AM Join Date: Nov 2008 Location: The Woodlands, TX Posts: 2,636 Real Name: Matt
watchdude1 WatchGeeks Moderator Master WatchGeek
Aside from the luxury Swiss segment of my collection, the formula is fairly simple....I take all the pieces I own, times $100 and that is my "portfolio." Meaning, 100 watches times $100 (what on AVERAGE I could get for each) = $10,000. Pretty sad when you consider the original cost was 40-50K. So instead of "buy low, sell high", think more like, "buy wisely, enjoy your collection." You will sleep better at night. __________________ "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 #29 Today, 03:11 AM
tigerwalker9
Join Date: Apr 2010 Location: Princeton, West BYGOD Virginia Posts: 186 Real Name: MIKE
Senior Member Senior Geek
Marketing!marketing!marketing...The Ol' pitch it you catch. Nothing will and nothing will ever be fair about the bottom line. Heres one for ya have you ever seen a price less than a Sunday Run price. Patience will always be rewarded, always! Take aim, now steady, steady, breathe, exhale..... BLAM now the watch is yours! tigerwalker9 View Public Profile Send a private message to tigerwalker9 Send email to tigerwalker9 Find all posts by tigerwalker9 Add tigerwalker9 to Your Contacts #30 Today, 03:13 AM
richhoff
Join Date: Apr 2008 Location: Atmore, AL Posts: 3,267 Real Name: Rich
Senior Member Master WatchGeek
It's like just about anything else you buy in this world. You can buy that new golf shirt when it is first released and your lusting for it and pay full retail. Then a few months later they mark them down 25% as a special to sell more. Then the winter stuff is coming out so they mark them 50% off. Then later they have a red dot sale to sell anything left at a stupid price. Almost all watches are the same way. __________________ Corvettes & Watches
Two Expensive Hobbies. richhoff View Public Profile Send a private message to richhoff Find all posts by richhoff Add richhoff to Your Contacts #31 Today, 03:22 AM Join Date: Aug 2009 Location: Suburbs of Beantown Posts: 1,684 Real Name: Jeff
OmegaMeister Senior Member Super Geek
It's retailings fault, not eyals. Shop buys watches and tries to move them at the highest average price possible. They bring some out as ttv, intro pricing, then move to once only or clearance if they have leftovers.They can dump them on clearance sites when they need to make room for new models. __________________
OmegaMeister View Public Profile Send a private message to OmegaMeister Find all posts by OmegaMeister Add OmegaMeister to Your Contacts #32 Today, 03:23 AM Join Date: Jul 2009 Location: Morgantown WV Posts: 12,654 Real Name: Tommy
tkromer Senior Member True WatchGeek
Think about it this way, maybe the least I can sell a watch for is $80, anything under that I lose money. There are 500 customers out there who will pay $800. There are 1000 customers who will pay $400. There are another 1000 customers who will pay $200. There are another 1000 who will pay $100. There are 500 more who won't break in until that $80 or below mark. Now I could sell 3000 watches at $80 on day one -- and make $240,000 gross (minimal profits). Or I could wait it out over the course of 6 months and several price drops and make $1.14M. I think if you cater to the cheapest price first, you have failed as a business. tkromer View Public Profile Send a private message to tkromer Send email to tkromer Find all posts by tkromer Add tkromer to Your Contacts
#33 Today, 03:35 AM
BabyDoc
Join Date: Mar 2010 Location: Beachwood, OHIO Posts: 615 Real Name: Bill
Senior Member Veteran Geek
You pay for those Shop value pays in one way or another. You pay for the higher overhead of broadcast TV vs an internet site with very little overhead. It's difficult to wait on an item. But I have learned to do so. Even with limited editions, I find they aren't so limited that you can't eventually find them elsewhere for a lower price. BabyDoc View Public Profile Send a private message to BabyDoc Find all posts by BabyDoc Add BabyDoc to Your Contacts #34 Today, 03:57 AM Join Date: Mar 2008 Location: Raleigh, NC Posts: 2,931
watchman74 Senior Member Master WatchGeek
The bad economy is a factor in watch pricing as well. Internet dealers are also unloading inventory for cash flow as well. I resell alot of watches 50 - 60 per year and have certainly been impacted by the ridiculously low prices on various sites, when trying to sell mine and end up settling on lower prices too. __________________
WaTcHeS....ThEy TeLL MoRe ThAn TiME RaY watchman74 View Public Profile Send a private message to watchman74
Find all posts by watchman74 Add watchman74 to Your Contacts #35 Today, 03:57 AM
Panda03Bear
Join Date: Jul 2009 Location: Silver Spring, MD. Posts: 8,026 Real Name: Adam
Senior Member True WatchGeek
like has been said, it isnt eyal. invicta sells their watches to the sites, WOW, Shop, etc. what the sites decide to sell them for is up to them. what i try to do, because it bugs e too, is just not look at a watch that i own if it is more than 30 days old. within 30 days, almost all sites price match so its fine, but after 30 days, i know i will see it lower, so i dont even bother to check. keeps me from blowing afuse __________________
- Family, that's what's up - Black Eye Dye
Panda03Bear View Public Profile Send a private message to Panda03Bear Send email to Panda03Bear Find all posts by Panda03Bear Add Panda03Bear to Your Contacts #36 Today, 04:05 AM
Arnie11
Senior Member Master WatchGeek
Join Date: Oct 2008 Location: Raleigh, N.C. Posts: 4,120 Real Name: Arnie
If you are finding this concept frustrating, my suggestion would be to somply exercise patience and be one of the guys that buys when the deals are right on the "deal sites". When it come to Invicta and Lior's brands, you can save some big money buying on sites other than the shop. With vendors like SO, this may not be true most of the time. With that said, I have seen some tv channels selling pure garbage for alot more money than Shop sells some fine pieces. It becomes relative. Still, if you want the best price, do your homework. Shop it and wait it out a bit. It'll pay off. __________________ Ignorance is bliss. That's why I try to know as little as possible. Life is short. Buy as many watches as you can! Regards, Arnie Arnie11 View Public Profile Send a private message to Arnie11 Find all posts by Arnie11 Add Arnie11 to Your Contacts #37 Today, 04:33 AM
blduckhockey
Join Date: Apr 2010 Location: New Jersey Posts: 168 Real Name: Barry
Senior Member Senior Geek
It was not easy, but I have learned to wait unless it is something I have to just have. (which I am also getting better at not being so impulsive) Truth be told, I do not see the watches as an investment. I see them as something I like to wear. My stocks and IRA's home and son are investments. Puts things in perspective for me at least. blduckhockey View Public Profile Send a private message to blduckhockey Send email to blduckhockey Find all posts by blduckhockey Add blduckhockey to Your Contacts #38 Today, 04:48 AM
BadMax Senior Member Veteran Geek
Join Date: Oct 2009 Location: Charlotte NC Posts: 874 Real Name: Michael
Quote:
Originally Posted by watchdude1 Aside from the luxury Swiss segment of my collection, the formula is fairly simple....I take all the pieces I own, times $100 and that is my "portfolio." Meaning, 100 watches times $100 (what on AVERAGE I could get for each) = $10,000. Pretty sad when you consider the original cost was 40-50K. So instead of "buy low, sell high", think more like, "buy wisely, enjoy your collection." You will sleep better at night. Well said, could not agree with you more BadMax View Public Profile Send a private message to BadMax Find all posts by BadMax Add BadMax to Your Contacts #39 Today, 04:53 AM Join Date: Aug 2008 Posts: 1,769
CHRONOKEN Senior Member Super Geek
I think most here have experienced the Shop-Price-Drop-Syndrome at one time or another. Speaking for myself, I know the feeling of seeing an item drop drastically in price, only weeks after I bought the item. So for me, Lesson Learned. Now if there is a watch that comes out that I really want, I make note of it, and wait. I'm not in any position these days due to medical issues, and the bills associated with them, so impulse purchases are out anyways. But on the rare occasion I am able to add a watch to my collection, I not only do my homework on the item, but I wait until the hype settles down, and eventually I can get it for a lot less, just by being a little patient. The only draw back to waiting, is in the choices of what is left. So if you don't want to risk not getting the exact model you want, then you pay more to secure that watch. Bottom line, Buy-Now-Pay-More and get top choice, or Buy-Later-&-Save and get what's left. A lot of times I have waited many months, and even years, and still got my top choice. I know it's a roll of the dice, but if you can wait, you will save in the long run, and that way you won't have that sick feeling when the price drops. Ken..
CHRONOKEN View Public Profile Send a private message to CHRONOKEN Find all posts by CHRONOKEN Add CHRONOKEN to Your Contacts #40 Today, 05:03 AM Join Date: May 2010 Location: Ct Posts: 3 Real Name: Tom
ziggy10 Junior Member New Geek
Isn't there a thread on the SHOP almost going under or sold? How sales have nose dived. You might read that thread to understand this one. They are getting pinched by the economy and people that know - what we know- that other places have deals too. Waiting can save you some coin ....Sunday Runs... etc. Using rebates and BING and other sources. Wait for the real deal to come about unless as mentioned you like early adopter status. I also heard a reply by Jim this weekend that they brought back a limited issue watch in a new batch. HUH..... So they made 1000? Sold them.....then made another 1000? Of course they do if it sells. He based his business on volume , when a business is based on volume collectability for value is out the window. You collect them for - your pleasureI own only watches I like ....or my wife. ShopNBC is great to see the watches I like live - to get an idea on how they look on a wrist or some insight. I've bought a couple there using VP to spread out my bill. Not because I thought the price was the lowest. The saying goes business is business. ziggy10 View Public Profile Send a private message to ziggy10 Find all posts by ziggy10 Add ziggy10 to Your Contacts #41 Today, 05:20 AM Join Date: Mar 2009 Location: Moreno Valley, CA. Posts: 993 Real Name: Shawn
samsonswatch Senior Member Veteran Geek
Quote:
Originally Posted by Leed24 Stop buying watches and expect them to hold their value. Get it out of your head altogether. If you don't you will go mad. Buy the watch at the best price you can because you like it. Thats it ! No other reason. Now that is some real wisdom and I agree 100%. We are all looking for the best deals and buy what we can when we can. Many times the prices go down after we purchase as it should. Nothing is worse then having people complain that someone got a watch cheaper then them. People right now are getting the same new car that I purchased for thousands cheaper then I paid and my TV sales for hundreds less then I paid. For some reason people think that the watch sales should not work the same as all other items. They want places like ShopNBC to not ever discount a watch and only sale it at the price they paid. We have beat this horse many times but I still do not understand why some many cry about discounts on this forum. I very happy when someone gets a better deal then me. __________________
Collecting Watches Until We Meet The True Time Keeper... samsonswatch View Public Profile Send a private message to samsonswatch Find all posts by samsonswatch Add samsonswatch to Your Contacts #42 Today, 05:30 AM
rjgawriluk@ameritech.net
Join Date: Jan 2010 Location: Chicago Posts: 232
Senior Member Senior Geek
I like buying the watch I like at a good price. Accomplishing both of those goals give me an extra kick and make the hobby more fun. Many times I watch ShopNBC to find a watch I like then wait to find it at WOW or Ewatches for a much better price. I suspect if I was to sell my watches later in life I wouldn't get much for them so I'm just leaving to my children to wear, sell, trade, etc.. __________________
The Ultimate Timepiece rjgawriluk@ameritech.net View Public Profile Send a private message to rjgawriluk@ameritech.net Find all posts by rjgawriluk@ameritech.net Add rjgawriluk@ameritech.net to Your Contacts #43 Today, 05:48 AM
tampa8
Join Date: Oct 2008 Location: Tampa FLorida & Storrs Ct Posts: 1,150
Senior Member Super Geek
Though only the OP can tell us, I think Scout13 and Magster understood the question. I didn't read it as the watch holding value per se. More towards both how fast it can be found for much less, and also how at the same time it can be found for much less at times. 50mm&up, Many examples of this. Ocean Reef bought for $70 less on Wow, just before it went on Shop. One of my SAN III's at the exact same time the exact same model was on Shop, bought for $160 less from authorized Ebay seller. SWI Sportsmatic just about 45 days after being on shop, $100 less on WOW. SR is a little different, in that you don't know when or if they will sell a model there. I don't think it is fair to directly compare Shop to SR. And you will notice I did not mention the daily deal sites. You can certainly buy a watch for much less there, but again, it is not for certain the watch you like, the model or color etc.. will end up there. I got lucky only one time waiting for an exact model, was waiting for an Ocean Ghost Signature model of an exact color I wanted, and it did show up on Invicta Shark, saved me $120 even over WOW prices. __________________ You mean what time is it now? tampa8 View Public Profile Send a private message to tampa8 Find all posts by tampa8 Add tampa8 to Your Contacts #44 Today, 05:53 AM
Join Date: Feb 2009 Location: Langhorne, PA Posts: 237 Real Name: Vince
The V-Man Senior Member Senior Geek
You make a good point that I find it frustrating as well. I guess they bring the watches to market hoping to sell them all at the higher price. it seems as if we are learning to wait to save significant money. I was surprised so many of us held out and didn't purchase the TTV Bolt Sunday. I know it'll be on WOW or InvictaShark in a few months for $100 less. __________________ "Those who refuse to learn from history are condemned to repeat it." - George Santayana The V-Man View Public Profile Send a private message to The V-Man Send email to The V-Man Find all posts by The V-Man Add The V-Man to Your Contacts #45 Today, 05:57 AM
DPM
Senior Member Veteran Geek
Join Date: Nov 2009 Location: Cumming, GA Posts: 755 Real Name: Dan
This whole Invicta investment thing reminds me of a story from the 90's... A man bought a $200,000.00 box of cigars as an investment. After staring at them for months decided that he could smoke one w/o hurting his investment to badly.. Of course it was a fantastic smoke and he ended up smoking the whole box. Since they were insured he filed an insurance claim stating that he had lost the cigars in a "series of small fires".. The insurance company paid him the 200K. Unfortunately he cashed the check and is probably still in jail for insurance fraud.. I think the moral of the story is don't smoke your watches because they are a horrible investment. DPM View Public Profile Send a private message to DPM Find all posts by DPM Add DPM to Your Contacts #46 Today, 06:11 AM
Join Date: Jan 2010 Location: Rock Hill, SC Posts: 129 Real Name: David
romulator Senior Member Senior Geek
A watch's worth to you is only what you are willing to pay for it, not what someone else is willing to sell it for. __________________ "It is all that the young can do for the old, to shock them and keep them up to date." ~George Bernard Shaw~ romulator View Public Profile Send a private message to romulator Find all posts by romulator Add romulator to Your Contacts #47 Today, 06:19 AM
X-James
Join Date: May 2010 Posts: 120
Senior Member Senior Geek
Its all about how badly you want what they are trying to make you buy. Allot of times I am reminded of walking down the midway at the carnival and just having to have that fancy pocket knife as the prize in the ring toss game. $20 later I have that knife and later see the same knife for sale in the back of the comic book for only $4.95 but I had to have it when I saw it and got schnookered into spending far to much for it because I just had to have it and it looked so simple and easy to get. It used to be Invicta would be considered a great deal when you could get it at 80% off of MSRP and because of that 80% off of MSRP they looked like fantastic deals when compared to other brands being sold for only 50% or 60% off of MSRP but when you compared movement vs. movement, strap/bracelt mtl vs. strap/bracelet mtl and things like that they were only competive with what you could get from other brands but you were getting them for 80% off of MSRP which made it seem like a far far better deal. Recently I have noticed though that now you can get the newer Invicta's for much better pricing. Now you can get RD's for 85% or even sometimes 90% off of MSRP but still for the same or very close to the same $$$ amount as before. Why is that? Because the MSRP is now higher so it looks like your getting a far better deal. That along with your own desires of wanting it now instead of later when you know it will probably be cheaper is why you should always say dang the price and all the rest of the crapage and GET IT NOW, I GOTTA HAVE IT
NOW, I WANT IT SO BAD I'LL PAY EXTRA SO I CAN HAVE IT NOW. Also isn't always amazing that when a watch is debuted with special pricing that you will never see the price go any lower on ShopNBC for at least 30 dys after the initial hype debut sales are over? Then lower pricing for whatever special deal they have going on? Yep they wait till after they wait til after the 30day price adusting of the biggest sale times and then, yep after the next big sale numbers another 30 days or so and you get the idea. Anywhere between 4 or 6 months the watch will begin to appear on the daily deal sites and then the prices can really be dropping like a rock but inventory is moving and Invicta is generating a postive cash flow for the next big release and the entire process starts all over again. Kind of a long and convoluted way of answering your question but its all because of you and me and she and he and them and us and we are all to blame for the high prices because we want them now and are willing to pay the higher prices if that makes any sense at all. X-James View Public Profile Send a private message to X-James Find all posts by X-James Add X-James to Your Contacts #48 Today, 06:21 AM Join Date: May 2009 Location: Michigan Posts: 5,303 Real Name: Ken
ukrany1 Senior Member True WatchGeek
I don't understand what my Wife is doing half the time, How the hell am I suppose to keep up with Eyal? __________________
ukrany1 View Public Profile Send a private message to ukrany1
Send email to ukrany1 Find all posts by ukrany1 Add ukrany1 to Your Contacts #49 Today, 06:23 AM Join Date: May 2010 Posts: 120
X-James Senior Member Senior Geek
Quote:
Originally Posted by ukrany1 I don't understand what my Wife is doing half the time, How the hell am I suppose to keep up with Eyal? Understanding your wife is easy ... she is spending your watch money. X-James View Public Profile Send a private message to X-James Find all posts by X-James Add X-James to Your Contacts #50 Today, 06:24 AM Join Date: Feb 2010 Location: 407 area code Posts: 205
407guy Senior Member Senior Geek
INVICTA LIED TO US AGAIN !!!! *rolleyes* __________________ I have never been asked where (what country) my watch was made.
Lunerdustbunnies
Join Date: Jan 2009 Location: Parkersburg, West Virginia Posts: 1,419 Real Name: Chris
Senior Member Super Geek
Quote:
Originally Posted by SeaVulture These products are not an investment. They are a Collectable Entertainment Value, meant to be purchased with your EXTRA (DISPOSABLE) cash.
Please, don't think of your watch collection as a means of creating wealth, because it just isn't. If you want to build wealth, buy gold, real estate, and stock optiions. The only way I have been able to collect the watches I have (with the exception of two which were gifts) has come from EXTRA DISPOSABLE CASH. I have, for lack of a better term, an allowance. I let that money slowly build until I have enough to buy a watch or whatever else I want to spend it on. I agree about what was said regarding buying these as investment watches, with perhaps a few exceptions, Invicta watches are not sound investment watches. They are collectable and enjoyable to have, but not for investment purposes. If you are thinking that your 50+ Invicta/Croton watch collection is going to one day fund your retirement, then you need to think again. If it is investing you are interested in (within this hobby) then let me suggest you stop buying five Invicta watches at a time and save your cash until you can "invest" in an 18kt Rolex, then purhaps you might see a return on your purchase. Having said all that, I confess my love and loyalty to the Invicta brand. I love the style and function of many of Eyal's designs, especially the SAS line. Keep them coming! But I buy them with the understanding that I will most likely never get what I spent on them in the future, unless I buy the Invicta's with the high end movements. They IMO stand the best chance of being worth something 10 years from now. __________________ Love the Lord your God with all of your heart, soul, mind and strength. And love your neighbor as your self. Have a great day fellow Geeks! Lunerdustbunnies View Public Profile Send a private message to Lunerdustbunnies Find all posts by Lunerdustbunnies Add Lunerdustbunnies to Your Contacts #52 Today, 06:45 AM
TimLovesWatches
Join Date: Dec 2009 Location: Enola Pennsylvania Posts: 636 Real Name: Tim
Senior Member Veteran Geek
I'm pretty sure that Shop sets the prices. Also, anything we buy in life can go on sale the next day. That's the chances we take. How many DVDs have you bought at $29.99 only to see them two months later for $7.99?? __________________ No one can ever have too many watches.
TimLovesWatches View Public Profile Send a private message to TimLovesWatches Find all posts by TimLovesWatches Add TimLovesWatches to Your Contacts #53 Today, 06:46 AM Join Date: May 2009 Location: Michigan Posts: 5,303 Real Name: Ken
ukrany1 Senior Member True WatchGeek
Quote:
Originally Posted by X-James Understanding your wife is easy ... she is spending your watch money. I Knew it, Thanks James __________________
ukrany1 View Public Profile Send a private message to ukrany1 Send email to ukrany1 Find all posts by ukrany1 Add ukrany1 to Your Contacts #54 Today, 07:01 AM
Join Date: Aug 2008 Location: Machester, Ct. Posts: 1,903 Real Name: Joe H
JoeH
Senior Member Super Geek
Quote:
Originally Posted by wave3214 I love watches, all watches. Something about all the gears working in harmony in a case that small that is pleasing to the eye amazes me. But I look at watches like I look at cars or anything else as a tool, something that loses value the moment you walk away with it. For this reason I do my home work and buy timepieces I really like with no thought to future value cause as a rule I dont plan on ever selling them. Watches I buy either stay in my possession or are gifted to somebody who I want to make smile. For this reason I dont use VPs and have car loans because its always seemed silly to me to acquire debt on something that begins to devalue immediately. My advice is to buy what makes you happy and enjoy it and dont worry if the price goes up or down later cause at the time you bought it you could afford it and it made you smile. Life is short enjoy it Very well said.......... __________________
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#55 Today, 07:03 AM Join Date: Jan 2009 Posts: 933
Perfect Lap Senior Member Veteran Geek
Quote:
Originally Posted by watchdude1 Aside from the luxury Swiss segment of my collection, the formula is fairly simple....I take all the pieces I own, times $100 and that is my "portfolio." Meaning, 100 watches times $100 (what on AVERAGE I could get for each) = $10,000. Pretty sad when you consider the original cost was 40-50K. So instead of "buy low, sell high", think more like, "buy wisely, enjoy your collection." You will sleep better at night. That's exactly right. Another thing, anything that you buy that can later be sold is an investment of your hard earned duckets. Just because it loses 3/4's of its value does not mean its not an investment...it just happens to be a bad investment of your money. But everyone is forgiven a few indulgences. The retail industry tries to make you believe that these are NOT investments so that you'll indulge often. The worst thing you could do is to buy these type of things with credit or on installments (even if they are 0 interest) because the worst kind of financing is the financing of a depreciating assett. Think about it.. you are paying higher than the retail price for something that is no longer worth even the discount price. And if you are a young person engaging in these bad investments you are making a ginormous mistake due to the "time value of money"'s ability to make you a millionaire by simply socking away a little bit of money over a long term. Perfect Lap View Public Profile Send a private message to Perfect Lap Find all posts by Perfect Lap Add Perfect Lap to Your Contacts #56 Today, 07:14 AM
zulumack Senior Member Senior Geek
Join Date: Oct 2009 Location: CT Posts: 336 Real Name: john
what eyal is doing Quote:
Originally Posted by 50mm&up Do you have any examples of a watch that has gone through this process? I may have to sign up for the SR. sanIV combat gmt with highend movement $900.00 dod sites, $815 shopnbc ,sundayrun $490 how's that for price drop! zulumack View Public Profile Send a private message to zulumack Find all posts by zulumack Add zulumack to Your Contacts #57 Today, 07:17 AM Join Date: Jan 2009 Posts: 933
Perfect Lap Senior Member Veteran Geek
Quote:
Originally Posted by zulumack sanIV combat gmt with highend movement $900.00 dod sites, $815 shopnbc ,sundayrun $490 how's that for price drop! The SAN IV GMT was $490 on the Sunday run already???!! Perfect Lap View Public Profile Send a private message to Perfect Lap Find all posts by Perfect Lap Add Perfect Lap to Your Contacts #58 Today, 07:18 AM
hitch
Senior Member Senior Geek
Quote:
Join Date: May 2009 Posts: 262
Originally Posted by BabyDoc You pay for those Shop value pays in one way or another. You pay for the higher overhead of broadcast TV vs an internet set with very little overhead. It's difficult to wait on an item. But I have learned to do so. Even with limited editions, I find they aren't so limited that you can't eventually find them elsewhere for a lower price. You make very good points and have a smart buying philosophy. hitch View Public Profile Send a private message to hitch Send email to hitch Find all posts by hitch Add hitch to Your Contacts #59 Today, 07:20 AM
mhbinwc
Join Date: Apr 2008 Location: Pennsylvania Posts: 192
Senior Member Senior Geek
I think that it bears pointing out that we are all probably a little too close to the situation. As others have said, it is SHOPNBC and Invictas job to get as much out of every sale as possible and still make the sale. That is the nature of business and it is the same no matter what product you purchase. The problem we have is that there are many of us who follow both these companies way too closely. As read in all these posts there are folks here that can track the price of an individual model watch from the day it was introduced to yesterdays show. It's like a stock call your broker and ask what is an Invicta Model XXXX selling for today? We have to remember that we are only a portion of SHOPNBC and Invicta's sales. If they can have a pitchman (woman) hawk a TTV, limited edition, new introductory deal, etc. there will be a lot of people who will buy it. That is what the show is all about. That's why there are countdown clocks, items sold or remaining, and statements like "you had better call now to get in on this". I don't blame SHOPNBC - their mission is to sell, sell, sell and make as much as they can when doing so. But they cannot blame us for being 'enthusiastic' (dare I say fanatical) followers of the show. It doesn't take a rocket scientist to recognize major trends. Such as: New introductions are expensive Prices go down over time - these indeed are not "collectibles" Excess inventory is sold at clearance It will always be cheaper somewhere else if we are willing to wait for it, and risk losing out on the deal. I think people will be happier if we understand and accept this. Same with the whole "Swiss" thing. Take a deep breath, realize this is business, and enjoy your watch. Remember - it was worth what you paid for it when you bought it.
mhbinwc View Public Profile Send a private message to mhbinwc Find all posts by mhbinwc Add mhbinwc to Your Contacts #60 Today, 07:24 AM
reliefcp
Join Date: May 2009 Location: Everett Wa. Posts: 3,029 Real Name: C.J.
Senior Member Master WatchGeek
Quote:
Originally Posted by Perfect Lap The SAN IV GMT was $490 on the Sunday run already???!! That was my point why would anyone buy from the shop if the SR price is so good. IMHO buying at a discount almost guarantees you wont get stuck with a big loss on your watch purchase. I bought the SR Reserve PD for 148$ when the same night the shop sold the exact same watch for 345$.I know the this has been lately but if you look at the SR history you will find some more examples of this happening. __________________
reliefcp View Public Profile Send a private message to reliefcp Find all posts by reliefcp Add reliefcp to Your Contacts #61 Today, 07:28 AM
zulumack
Join Date: Oct 2009 Location: CT Posts: 336 Real Name: john
Senior Member Senior Geek
Quote:
Originally Posted by Perfect Lap The SAN IV GMT was $490 on the Sunday run already???!! yes two multirun's ago . I have it. and the three hand IV combat went for $619 shopnbc , dod site ewatches went no brainer price $449! always check around or come here befor buying if you dont need VP on the shop zulumack View Public Profile Send a private message to zulumack Find all posts by zulumack Add zulumack to Your Contacts #62 Today, 07:33 AM
zulumack
Join Date: Oct 2009 Location: CT Posts: 336 Real Name: john
Senior Member Senior Geek
Quote:
Originally Posted by reliefcp That was my point why would anyone buy from the shop if the SR price is so good. IMHO buying at a discount almost guarantees you wont get stuck with a big loss on your watch purchase. I bought the SR Reserve PD for 148$ when the same night the shop sold the exact same watch for 345$.I know the this has been lately but if you look at the SR history you will find some more examples of this happening. hey reliefcp that swi on brown gator band is HOT! I am going to do that to a venom! zulumack View Public Profile Send a private message to zulumack Find all posts by zulumack Add zulumack to Your Contacts #63
Today, 07:40 AM Join Date: May 2010 Posts: 120
X-James Senior Member Senior Geek
Quote:
Originally Posted by mhbinwc We have to remember that we are only a portion of SHOPNBC and Invicta's sales. I think when we remember that we should also realize that we are actually a much smaller portion of both ShopNBC's and Invicta's sales than we think we are. X-James View Public Profile Send a private message to X-James Find all posts by X-James Add X-James to Your Contacts #64 Today, 07:56 AM Join Date: Apr 2008 Location: Conyers,GA Posts: 2,807 Real Name: Brian
bdgrewe74 Senior Member Master WatchGeek
I don't see Invicta as a brand that holds its value.. I think you get alot of value for a small price... I just get ticked because if you don't wait to buy then you punch yourself for paying the higher price..... I always love getting a good deal. __________________ A man with a watch knows what time it is. A man with two watches is never sure. - Segal's Law bdgrewe74 -AKA -Brian bdgrewe74 View Public Profile Send a private message to bdgrewe74 Find all posts by bdgrewe74 Add bdgrewe74 to Your Contacts #65 Today, 08:00 AM
jwatchmonster
Join Date: Mar 2008 Location: San Antonio, TX Posts: 675 Real Name: John
Senior Member Veteran Geek
Quote:
Originally Posted by Z4MC LOL extra disposable cash!! I have heard of such a thing in stories and folklore! Now that's funny. __________________
JWatchMonster What a Long Strange Trip it's Been jwatchmonster View Public Profile Send a private message to jwatchmonster Send email to jwatchmonster Find all posts by jwatchmonster Add jwatchmonster to Your Contacts #66 Today, 08:09 AM
Scout13
Join Date: Nov 2009 Location: Manlius, New York Posts: 439 Real Name: Randy
Senior Member Senior Geek
I keep hearing that it is not Eyal's fault or Invicta, the retailers sell at what they will. I have on countless times heard right from the horses mouth (Eyal) "This is a once only, you will never see this watch at a lower price ANYWHERE"! When they get together on the big shows, Jim/Mike/Eyal and others, and I love to watch and buy like crazy. They always refer to the fact that Eyal's pulling out the stops on this one, or Eyal will give the price and Jim will look surprised. The Invicta guest will sometimes be the news breaker as if they are calling the shots and Shop is just as surprised. How many times has the Invicta host said he was able to pull some strings and get added value pays?? So, as I understand the defence for Eyal and Invicta, as I love them also, you can not tell me that Eyal is not tied right in to how the shows get scripted and how the prices are decided. It's just not realistic. If your friend or relitive does something that you are not quite fond of, you tell them. When voices on this site speak of there concerns, regardless of nature, why is it such a street fight insues??? If you have a problem or concern, I was lead to believe that this was the friendly site to join and get those concerns addressed like you were speaking with friends. Well some
are very nice and really care, many long timers go right for the throat hoping that Eyal will see them as the savior of Invicta. Then comes the traditional closing of the thread. You do not see this type of thing around the NFW site or the Renato site (I do not own a single Renato), When will the alarm ring and wake some up that we are all lovers of watches and should care about others issues. Just like the look what I got threads, and everyone jumps in to say congrats, great pickup. The watch breaks or goes bad, the geek gets frustrated, starts a new thread about the issues and the same guys that said congrats are pounding him like chopped meat. Please tell me how that means brotherhood and watch enthusiaism, that is so higly spoken about on this forum. Please, I would love to know?? __________________
Scout13 View Public Profile Send a private message to Scout13 Send email to Scout13 Find all posts by Scout13 Add Scout13 to Your Contacts #67 Today, 08:11 AM
krayziehustler
Join Date: Jan 2009 Location: New York,NY Posts: 528
Senior Member Veteran Geek
EYAL and JIM have both stated that INVICTA doed NOT control the price, the resellers do, so it is up to them the amount they wanna chargem Invicta is not like Rolex who controls the price __________________ I'd rather be a lion for a day than a lamb that lives forever - Canibus krayziehustler View Public Profile Send a private message to krayziehustler Find all posts by krayziehustler Add krayziehustler to Your Contacts #68 Today, 08:20 AM
Scout13
Join Date: Nov 2009 Location: Manlius, New York Posts: 439 Real Name: Randy
Senior Member Senior Geek
The OP started this thread on losing money on the retail value not resale value. He is talking about losing money because it popped up on the Sunday run, cheaper than the once only at Shop that an Invicta host was right there to agree with. He has made no refrence to holding its value, resale value or any other future value. __________________
Scout13 View Public Profile Send a private message to Scout13 Send email to Scout13 Find all posts by Scout13 Add Scout13 to Your Contacts #69 Today, 08:24 AM
Scout13
Join Date: Nov 2009 Location: Manlius, New York Posts: 439 Real Name: Randy
Senior Member Senior Geek
Quote:
Originally Posted by krayziehustler EYAL and JIM have both stated that INVICTA doed NOT control the price, the resellers do, so it is up to them the amount they wanna chargem Invicta is not like Rolex who controls the price Yes I agree, but we are talking about Shop NBC, not Zales or JC Penney, not internet sellers! So you have not seen any shop host say Invicta or Eyal has pulled out all the stops on this watch? You have never heard Mike or Eyal be the one to announce the price and say they have done something special on this one... __________________
Scout13 View Public Profile Send a private message to Scout13 Send email to Scout13 Find all posts by Scout13 Add Scout13 to Your Contacts #70 Today, 08:29 AM Join Date: Apr 2009 Posts: 1,785
mrblue Senior Member Super Geek
Eyal could sell them for a dollar if he wants ..IT'S HIS COMPANY AND HIS BIZ.. THANK YOUR LUCKY STARS THAT YOU GET SUCH GREAT TIMEPIECES AND SUCH GREAT PRICES .. If you want to make money, go into another biz .. Obviously, whatever " Eyal is doing " is making him tons of dough and a great life .. MB mrblue View Public Profile Send a private message to mrblue Find all posts by mrblue Add mrblue to Your Contacts #71 Today, 09:10 AM Join Date: May 2010 Location: Wisconsin Posts: 79 Real Name: Rafael
DIRTY_S30 Member Member Geek
Quote:
Originally Posted by shazkota
I have noticed that most of your reduced price Invictas found at sunday run and Wow and invictashark are mainly goldtone blue face rubber strapped watches and I think the value of invictas are in the nice bracelets of the reserve level line.So in order to get those you pay a higher price, If you wait you get rubberized versions. I have to disagree you can pretty much get any Invicta for way cheaper than you would find on the shop. I got an all stainless S1 touring from WOW for $109 while the shop was still selling them in the $250 range DIRTY_S30 View Public Profile Send a private message to DIRTY_S30 Send email to DIRTY_S30 Find all posts by DIRTY_S30 Add DIRTY_S30 to Your Contacts #72 Today, 09:18 AM Join Date: Apr 2009 Location: chicago Posts: 1,726
Azel88 Senior Member Super Geek
Buyer Beware Azel88 View Public Profile Send a private message to Azel88 Find all posts by Azel88 Add Azel88 to Your Contacts #73 Today, 09:18 AM Join Date: Jan 2010 Location: Virginia /Washington D.C. Posts: 618 Real Name: Jeff Davekos
desert rex Senior Member Veteran Geek
Quote:
Originally Posted by mrblue Eyal could sell them for a dollar if he wants ..IT'S HIS COMPANY AND HIS BIZ.. THANK
YOUR LUCKY STARS THAT YOU GET SUCH GREAT TIMEPIECES AND SUCH GREAT PRICES .. If you want to make money, go into another biz .. Obviously, whatever " Eyal is doing " is making him tons of dough and a great life .. MB You know I couldn't have responded better than you just did here. The word ungrateful comes to mind when I see complaints like this. desert rex View Public Profile Send a private message to desert rex Find all posts by desert rex Add desert rex to Your Contacts #74 Today, 09:29 AM
Royster
Join Date: Oct 2009 Location: Orlando, FL Posts: 1,126 Real Name: Roy
Senior Member Super Geek
What is Eyal doing? Eyal is making smart business decisions in a very tough and challenging economy. Are you a victim? Actually, no. Or if you insist, only by your own choosing. As mentioned so many times, as a consumer, you can choose to purchase watches on first run at higher prices or you can wait and let the price come down once it's been out for awhile. Your choice, consumer decision, no gun to anyone's head. This is not only true with our obsession, watches, but for all consumer goods. Don't be a "victim", be an opportunist and wait and shop around for the best deals... you'll feel better and smarter in the long run. __________________
Royster View Public Profile Send a private message to Royster Send email to Royster Find all posts by Royster Add Royster to Your Contacts #75 Today, 10:10 AM Join Date: Dec 2009 Location: Nu Joisey Posts: 753 Real Name: Ken
kingswords Senior Member Veteran Geek
Quote:
Originally Posted by Z4MC LOL extra disposable cash!! I have heard of such a thing in stories and folklore!
I dispose of all my cash!!!! __________________
"Time wounds all heals." Mr Peabody Join Date: Jan 2010 Posts: 99
gottahaveonion Member Member Geek
i always wait for clearance bottom feeding when it comes to invicta or other shop brands...not too many things i see these days i just have to have...i set a price i am willing to pay down the road and go with that...that way less buyers remorse.... gottahaveonion View Public Profile Send a private message to gottahaveonion Find all posts by gottahaveonion Add gottahaveonion to Your Contacts #77 Today, 10:35 AM
DangerClose Member Member Geek
Join Date: Mar 2010 Location: San Jose, California Posts: 72 Real Name: Andrew
I understand what the original poster is saying. However, I don't know if Eyal has enforced a, "You cannot go lower than this price," limit. I also don't know if Eyal gets anything after selling the watches to the Shop. I think what happens is, he sells to to the Shop for X price, and they put on their markup and sell it at whatever they choose to. I think the same is for the online retailers. The online retailers have less overhead though. They just have a warehouse and don't do much else. ShopNBC has to pay for the TV spot, the hosts, and everything else in the production along with the warehouse. The watch is going to be more expensive no matter what. At least they give us a 5-year warranty. I don't think they can compete with the online stores.
I do think it is interesting that they have a SR with a watch, and on the same day have the same watch for twice as much on the Shop. I think what the Shop offers for the bargain hunters is to see the watch being used and moved around. A still picture is only so much, but to see how the dial looks when moved, etc is quite interesting. This isn't on-topic though, it's just a reason I like to watch the shows. __________________
DangerClose View Public Profile Send a private message to DangerClose Find all posts by DangerClose Add DangerClose to Your Contacts #78 Today, 10:43 AM
D-Smoke
Join Date: Feb 2009 Location: Tacoma Wa Posts: 1,700 Real Name: Dennis
Senior Member Super Geek
Quote:
Originally Posted by SeaVulture These products are not an investment. They are a Collectable Entertainment Value, meant to be purchased with your EXTRA (DISPOSABLE) cash. Please, don't think of your watch collection as a means of creating wealth, because it just isn't. If you want to build wealth, buy gold, real estate, and stock optiions. No such thing as extra money! __________________ 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 #79 Today, 10:50 AM
MamboKing Senior Member Senior Geek
Join Date: Nov 2009 Location: Quad Cities (Moline, IL.) Posts: 432 Real Name: Joe
I agre with Magster, he preety much nailed it for me. MamboKing View Public Profile Send a private message to MamboKing Find all posts by MamboKing Add MamboKing to Your Contacts #80 Today, 10:52 AM
X-James
Join Date: May 2010 Posts: 120
Senior Member Senior Geek
Has anyone possibly thought that the watches in ShopNBC's inventory are maybe there on a consignment type basis and the negotiation that goes on between them and the vendor are over what Shop will pay for the watch so they can keep there profit margins along with keeping the profits where they need when they extend 3, 4, 5 or 6 months of credit (or should we say value pays) to there customers? It costs money to give value pays and I can see how they can negotiate what they are going to pay vs. what they want to offer with the vendor.
Now on the daily or the internet sites they know what they have bought the watch for and can do whatever they want with the price but then this is all speculation and conjecture and to be honest ... The whole "Top Men" thing could be one of those marketing sales tools to make you think your getting a super duper great deal but ya just never know. X-James View Public Profile Send a private message to X-James Find all posts by X-James Add X-James to Your Contacts #81 Today, 10:53 AM Join Date: Mar 2010 Location: Bay Area California Posts: 85 Real Name: Rolf
Bayernscr Member Member Geek
Quote:
Originally Posted by Z4MC LOL extra disposable cash!! I have heard of such a thing in stories and folklore! Right...up there with Unicorns and fairies.... Bayernscr View Public Profile Send a private message to Bayernscr Send email to Bayernscr Find all posts by Bayernscr Add Bayernscr to Your Contacts #82 Today, 10:56 AM Join Date: Mar 2010 Location: Bay Area California Posts: 85 Real Name: Rolf
Bayernscr Member Member Geek
Quote:
Originally Posted by DangerClose I understand what the original poster is saying. However, I don't know if Eyal has enforced a, "You cannot go lower than this price," limit. I also don't know if Eyal gets anything after selling the watches to the Shop. I think what happens is, he sells to to the Shop for X price, and they put on their markup and sell it at whatever they choose to. I think the same is for the online retailers. The online retailers have less overhead though. They just have a warehouse and don't do much else. ShopNBC has to pay for the TV spot, the hosts, and everything else in the production along with the warehouse. The watch is going to be more expensive no matter what. At least they give us a 5-year warranty. I don't think they can compete with the online stores. I do think it is interesting that they have a SR with a watch, and on the same day have the same watch for twice as much on the Shop. I think what the Shop offers for the bargain hunters is to see the watch being used and moved around. A still picture is only so much, but to see how the dial looks when moved, etc is quite interesting. This isn't on-topic though, it's just a reason I like to watch the shows. I dont think Eyal makes any money doing this...its strictly therapeutic Bayernscr View Public Profile Send a private message to Bayernscr Send email to Bayernscr Find all posts by Bayernscr Add Bayernscr to Your Contacts #83 Today, 11:05 AM
mrblue
Join Date: Apr 2009 Posts: 1,785
Senior Member Super Geek
DREX ( sounds like a cool name, right ) .. you've got it bro !! ... when is 'enuf,enuf' .. the little green eyed monster raises it's head a bit too often for my liking ...... I think Eyal is doing us all a favor. Yeah, it's our money and it's money spent and probably hard earned by most, but these prices, 'any of them' never existed before Invicta and Eyal for these price points. Who cares about the details ? MB mrblue
View Public Profile Send a private message to mrblue Find all posts by mrblue Add mrblue to Your Contacts #84 Today, 11:36 AM
Gregg
Join Date: Jun 2008 Location: Vallejo, Calif. Posts: 2,180 Real Name: Gregg (New Geek)
Senior Member Super Geek
[quote=Scout13;1725167]I keep hearing that it is not Eyal's fault or Invicta, the retailers sell at what they will. I have on countless times heard right from the horses mouth (Eyal) "This is a once only, you will never see this watch at a lower price ANYWHERE"! When they get together on the big shows, Jim/Mike/Eyal and others, and I love to watch and buy like crazy. They always refer to the fact that Eyal's pulling out the stops on this one, or Eyal will give the price and Jim will look surprised. The Invicta guest will sometimes be the news breaker as if they are calling the shots and Shop is just as surprised. How many times has the Invicta host said he was able to pull some strings and get added value pays?? So, as I understand the defence for Eyal and Invicta, as I love them also, you can not tell me that Eyal is not tied right in to how the shows get scripted and how the prices are decided. It's just not realistic. I agree with you in that Eyal is very much connected to this process, and has always been. Really no blame here because this is just business and Eyal does what he's supposed to be doing, which is selling his product. Gregg Gregg View Public Profile Send a private message to Gregg Find all posts by Gregg Add Gregg to Your Contacts #85 Today, 11:39 AM
Gregg
Senior Member Super Geek
Quote:
Join Date: Jun 2008 Location: Vallejo, Calif. Posts: 2,180 Real Name: Gregg (New Geek)
Originally Posted by MamboKing I agre with Magster, he preety much nailed it for me. That is she, not he! Gregg View Public Profile Send a private message to Gregg Find all posts by Gregg Add Gregg to Your Contacts #86 Today, 11:42 AM Join Date: Apr 2009 Posts: 1,785
mrblue Senior Member Super Geek
Most watch buyers are not as edified respective of these price differences, or, that SR even exists. Forum members know more and so these differences do not effect a majority of the folks who buy Invicta timepieces .. The SR page is only sent to those who have registered to get it .... most people are content to watch SNBC and have fun buying watches. They are not attuned, as we are, to these vast differences in cost avail to the consumer. " ANOTHER BENEFIT TO BEING A FORUM MEMBER IS THAT WE DISCUSS THESE THINGS AND HELP ONE ANOTHER TO UNDERSTAND THESE RARE OPPORTUNITIES. AND, WE GIVE EACHOTHER THE BEST DEALS ANYWHERE TO BE FOUND' .. TKS FOR ALL AND TO ALL FOR ALL .. MB mrblue View Public Profile Send a private message to mrblue Find all posts by mrblue Add mrblue to Your Contacts #87 Today, 12:26 PM
meijin
Join Date: Feb 2008 Location: Atlanta, GA Posts: 11,441 Real Name: Michael
WatchGeeks Owner True WatchGeek
Quote:
Originally Posted by Scout13 I keep hearing that it is not Eyal's fault or Invicta, the retailers sell at what they will. I have on countless times heard right from the horses mouth (Eyal) "This is a once only, you will never see this watch at a lower price ANYWHERE"! When they get together on the big
shows, Jim/Mike/Eyal and others, and I love to watch and buy like crazy. They always refer to the fact that Eyal's pulling out the stops on this one, or Eyal will give the price and Jim will look surprised. The Invicta guest will sometimes be the news breaker as if they are calling the shots and Shop is just as surprised. How many times has the Invicta host said he was able to pull some strings and get added value pays?? So, as I understand the defence for Eyal and Invicta, as I love them also, you can not tell me that Eyal is not tied right in to how the shows get scripted and how the prices are decided. It's just not realistic. If your friend or relitive does something that you are not quite fond of, you tell them. When voices on this site speak of there concerns, regardless of nature, why is it such a street fight insues??? If you have a problem or concern, I was lead to believe that this was the friendly site to join and get those concerns addressed like you were speaking with friends. Well some are very nice and really care, many long timers go right for the throat hoping that Eyal will see them as the savior of Invicta. Then comes the traditional closing of the thread. You do not see this type of thing around the NFW site or the Renato site (I do not own a single Renato), When will the alarm ring and wake some up that we are all lovers of watches and should care about others issues. Just like the look what I got threads, and everyone jumps in to say congrats, great pickup. The watch breaks or goes bad, the geek gets frustrated, starts a new thread about the issues and the same guys that said congrats are pounding him like chopped meat. Please tell me how that means brotherhood and watch enthusiaism, that is so higly spoken about on this forum. Please, I would love to know?? I was not even going to comment on this until I came to this post... Invicta makes the watches and offers them at a price to ShopNBC. SNBC either accepts the price or declines. I suppose they could counter offer on the price and negotiate from there. Bottom line is that once they agree upon a price and a quantity, the watches then belong to SNBC to sell at whatever price they want to whenever they want to. Now, there are a couple of "exceptions" to this and I'll get to those in a second. However, here is the bottom line on this subject: The price that a watch is offered at is up to SNBC, not the vendor. The vendor (no vendor) dictates price to SNBC. If you don't like a price that you see a watch (or anything at SNBC for that matter) airing for, then it is an issue that you need to address to SNBC....NOT Invicta. They own the watches and can price them however they want to. The same can be said of the VPs on an item as that is strictly SNBC's call and not the vendor. Now...the "exceptions".... When it comes to something like a TTV, there can be an exception to this. As for a for instance....either side could go to the other on an OTV and make a proposition where one side gives up something and so does the other side and the deal is renegotiated in an effort to ensure an item selling out or selling better. I have seen this happen many times where I get the word at the last minute that an OTV/TTV has changed in price. I am not normally involved in all of the pricing negotiating (not my role with the company), but it does happen. Also when it comes to OOs or Once Onlys. One side can, and often does, approach the other and work out a special deal on a particular watch so that it can be offered at a really good price. This is typically where you will hear me say how Eyal loves deals like this as he will typically look for an opportunity (when presented) to make a really "crazy" deal with SNBC
when they are looking for good OO prices. But the bottom line is still this...NO vendor at SNBC dictates to them what the airing price of anything will be. Based on the uninformed post quoted above, let me state the following: #1. As has already been said, no vendor (including Invicta) dictates to SNBC what the airing price will be on a particular item. #2. The shows are in no way scripted. The shows are completely unscripted and we are, quite literally, flying by the seat of our pants (as the saying goes). This is why it can be so much fun working with Jim as we never know where the show is "going to go". #3. Outside of a TTV, we never typically know until about an hour before the show what special deals are going to be offered. When it comes to Surprise Prices, Introductory Prices, Once Only prices, etc. we see them right before the show when we are doing our "pre-pro" (pre-production). #4. Sometimes, the show changes last minute (what is going to be offered and when). And sometimes, shows change in the middle of the shows. It is not all that unusual to be in the middle of Hour #1 and be told that Hour #2 has been completely changed by someone for whatever reason and now, any "pre-pro" that has been done is worthless. The shows can be and often are very "fluid". The people doing the presenting to you have little to no effect or prior knowledge of the items that are going to be offered, the order in which they are going to be offered, when they will be offered or at what price they will be offered at. People can speculate all they want. It does not make it true no matter how hard it is for them to "believe" or "understand". And if that hurts their feelings to be corrected, then so be it. Sorry. Sometimes things just are not as you believe them to be. __________________ Michael
Argument is meant to reveal the truth, not to create it. ~ Edward de Bono Invicta...in hoc nomen vinces!
meijin View Public Profile Send a private message to meijin Find all posts by meijin Add meijin to Your Contacts #88 Today, 12:36 PM
huitball
Join Date: Jan 2010 Location: Huntsville, AL Posts: 689 Real Name: George
Senior Member Veteran Geek
Great post Mike! It's nice to get this kind of insight when we can. I've always thought that NBC owned the watch and dictated prices. It's interesting to see the exceptions and explains the genuine shock we see on your faces from time to time. huitball View Public Profile Send a private message to huitball Find all posts by huitball Add huitball to Your Contacts #89 Today, 12:40 PM Join Date: Mar 2009 Location: Stanley, NC Posts: 3,049 Real Name: Barry
ballender Senior Member Master WatchGeek
Quote:
Originally Posted by SeaVulture These products are not an investment. They are a Collectable Entertainment Value, meant to be purchased with your EXTRA (DISPOSABLE) cash. Please, don't think of your watch collection as a means of creating wealth, because it just isn't. If you want to build wealth, buy gold, real estate, and stock optiions.
Better forget the real estate too brother! Barry ballender View Public Profile
Send a private message to ballender Find all posts by ballender Add ballender to Your Contacts #90 Today, 12:48 PM Join Date: May 2010 Posts: 120
X-James Senior Member Senior Geek
Quote:
Originally Posted by meijin Sorry. Sometimes things just are not as you believe them to be. Dang ... does that mean the world is not really flat like I believe it to be? Sorry I just felt like a little levity was needed so please forgive me, I'm going to go jump off the edge of my world now. X-James View Public Profile Send a private message to X-James Find all posts by X-James Add X-James to Your Contacts #91 Today, 12:59 PM Join Date: Dec 2009 Location: Long Island Posts: 843
redcad Senior Member Veteran Geek
Quote:
Originally Posted by hooptious02 It's like anything else in retail..."early adopters" pay a premium, and always will. Retailers count on it. It's always a question of how patient the customer is, and the retailer *always* knows there will be folks who can't wait.
That is so true! I put watches on my "list" when I first see them, and then I wait for Shop or an etailer to have it lower. Tracking the prices is fun for me, and it also helps me know that I really want that watch and it was not sudden urge. I t works for me, but I sure can understand and respect the "got to have it
now" aspect as well. __________________
So many watches to wear, so little time. redcad View Public Profile Send a private message to redcad Find all posts by redcad Add redcad to Your Contacts #92 Today, 01:13 PM
reliefcp
Join Date: May 2009 Location: Everett Wa. Posts: 3,029 Real Name: C.J.
Senior Member Master WatchGeek
Thank you very much for your insight Michael! It helps the speculation here and makes me respect you and Jim even more for your on air presentations. __________________
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#93 Today, 01:15 PM
reserveman
Join Date: Nov 2009 Location: Las Vegas Nv. Posts: 3,008 Real Name: Ralph Williams
Senior Member Master WatchGeek
1st let me Thank all of you for keeping this calm and for all your posts. I only brought this up cause it seems to recently have started and I see all the posts how upset people are about this. The one I remember 1st was the kits. Then the Leviathon going to all these steps within a very short term. The 360 is another one. I have purchased 51 watches since November and so far i've been pretty lucky and have waited where only a few have gone down alot except the Leviathon which mainly was that sunday run price. Other than my RD 7750 I've tried to not buy much over 350.00 so if it goes down or I have to deal with the warrenty It won't hurt so bad. reserveman View Public Profile Send a private message to reserveman Send email to reserveman Find all posts by reserveman Add reserveman to Your Contacts #94 Today, 01:20 PM
strutn45
Join Date: Mar 2009 Location: "Da Swamp" LA. Posts: 9,304 Real Name: John "WHO DAT"
Senior Member True WatchGeek
Quote:
Originally Posted by X-James Dang ... does that mean the world is not really flat like I believe it to be? Sorry I just felt like a little levity was needed so please forgive me, I'm going to go jump off the edge of my world now. Go for it. __________________
"WHO DAT" strutn45 View Public Profile Send a private message to strutn45 Find all posts by strutn45 Add strutn45 to Your Contacts #95 Today, 02:03 PM Join Date: Jan 2010 Location: Virginia /Washington D.C. Posts: 618 Real Name: Jeff Davekos
desert rex Senior Member Veteran Geek
Quote:
Originally Posted by strutn45 Go for it. You kill me desert rex View Public Profile Send a private message to desert rex Find all posts by desert rex Add desert rex to Your Contacts #96 Today, 02:11 PM
Join Date: Apr 2008 Location: Yonkers, NY Posts: 2,364 Real Name: Darius
Budabear Senior Member Super Geek
Everything has been said but as long as Invicta replaces every model with newer of the same, every few weeks or months, our purchases will be worth half of what we paid upon hitting enter on our keyboards or hanging up the phone from Shop. My last major appointment with that was when Invicta came out with the "BRAND NEW" San III's with the perforated dials. I purchased all three not realizing that two weeks later Shop would have another updated version of the same watch with very slight differences, some Lume and the little diver guy on the dial instead of the turbine. What's the point? That was the day my purchases of Invicta's were cut down immensely to the point now where I will only by one or two select Invicta's that I really like and know I will keep. __________________
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#97 Today, 02:19 PM Join Date: Feb 2010 Location: 407 area code Posts: 205
407guy Senior Member Senior Geek
We've been lied to again !!!
. __________________ I have never been asked where (what country) my watch was made.
407guy View Public Profile Send a private message to 407guy Send email to 407guy Find all posts by 407guy Add 407guy to Your Contacts #98 Today, 02:24 PM
BabyDoc
Join Date: Mar 2010 Location: Beachwood, OHIO Posts: 615 Real Name: Bill
Senior Member Veteran Geek
Thanks, Michael for your great post. You really made it quite clear who has control of what. I still am curious about one thing. If the Shop owns the Invicta watches being presented and sets the prices on most of them, why do people like you and Eyal get involved in the selling of the product? Obviously Eyal and you aren't being directly paid by ShopNBC to sell their watches, are they? So is there some understanding or contract within the sale of watches to ShopNBC by Invicta that includes an obligation for Invicta to provide representatives to help sell the products to the public? I believe a lot of the misunderstanding that Invicta sets the Shop prices may come from the presence of Invicta people enthusiastically promoting the products on the air. In other words, people think it can't be that Invicta already sold their watches to Shop NBC who then has control of the prices. If they were sold to the Shop, why would Invicta have to be there to sell them again to the public. BabyDoc
View Public Profile Send a private message to BabyDoc Find all posts by BabyDoc Add BabyDoc to Your Contacts #99 Today, 02:32 PM Join Date: Sep 2009 Location: Grand Rapids, MI Posts: 2,221 Real Name: Dave
icewolf64 Senior Member Super Geek
First off it has been mentioned that Eyal does not set the price for what watches go for on Shop. Shop is looking to get the most money on the deal that they can. They know that they can get so many sales at a higher premium in the begining because they can. I am not fond of most of the analogies but look at this way. Every knows that when a New Movies comes out they are going to spend approximately 8.00 each to see a movie and with a family of four this means about 32.00 most know that there are some theatres that show the movie later at discount prices once they dried up the big boom of sales in the begining. Everyone knows that less than a year the movie is coming out on dvd or they can rent the movie for a dollar at a Red Box rental. Knowing that in a year you can see the same movie for one dollar why do so many rush out to see the movie at full price this is a savings of probably more than 31.00 because you can get cheaper popcorn and pop at home. So don't get upset and just wait to get the best deal. If there is a watch however that you are concerned about getting and can't live without then might have to jump on it. My excursion TTV last year has not been around and probably will not be due to crown issues so price on this one has stayed up there and so has resale. I am sure this new bolt will be at least a 100.00 cheaper in about 45.00 days. Unfortunately Invicta does not set a price like some watch companies to prevent the watch from being sold for less. __________________
icewolf64 View Public Profile Send a private message to icewolf64 Find all posts by icewolf64 Add icewolf64 to Your Contacts #100 Today, 02:33 PM
meijin
Join Date: Feb 2008 Location: Atlanta, GA Posts: 11,441 Real Name: Michael
WatchGeeks Owner True WatchGeek
Quote:
Originally Posted by BabyDoc Thanks, Michael for your great post. You really made it quite clear who has control of what. I still am curious about one thing. If the Shop owns the watches and sets the prices on most of them, why do people like you and Eyal get involved in the selling of the product? Obviously Eyal and you aren't being directly paid by ShopNBC to sell their watches, are they? So is there some understanding or contract within the sale of watches to ShopNBC by Invicta that includes an obligation for Invicta to provide representatives to help sell the products to the public? I believe a lot of the misunderstanding that Invicta sets the Shop prices comes from the presence of Invicta people enthusiastically promoting the products on the air. Representatives are there from every brand for a variety of reasons. People viewing the shows prefer it. It is easier to do shows when you have someone to interact with. In most cases, the vendor rep is going to know more about the product than the host...the host sells everything and cannot be expected to be expert on everything...the vendor rep is there to be the "expert". Having a vendor rep there allows them to concentrate on the product and the host to sell the product. The list goes on, but I am sure you get the idea. __________________ Michael
Argument is meant to reveal the truth, not to create it. ~ Edward de Bono Invicta...in hoc nomen vinces!
tampa8
Join Date: Oct 2008 Location: Tampa FLorida & Storrs Ct Posts: 1,150
Senior Member Super Geek
Michael's responses on this are very straight forward, for which I thank him. __________________ You mean what time is it now? tampa8 View Public Profile Send a private message to tampa8 Find all posts by tampa8 Add tampa8 to Your Contacts #102 Today, 02:59 PM
BabyDoc
Join Date: Mar 2010 Location: Beachwood, OHIO Posts: 615 Real Name: Bill
Senior Member Veteran Geek
Yes, I like hearing the company representatives. They often know the product the best. But it just looks like company representatives are selling THEIR goods, NOT the Shops goods. Otherwise, what is Invicta's motive to have a representative there, if the product is ALREADY SOLD to the Shop. You don't have to sell it AGAIN to the public do you, unless maybe these goods are really on consignment to the Shop and not sold? Otherwise, I just don't get it. BabyDoc View Public Profile Send a private message to BabyDoc Find all posts by BabyDoc Add BabyDoc to Your Contacts #103 Today, 03:03 PM
tampa8 Senior Member Super Geek
Join Date: Oct 2008 Location: Tampa FLorida & Storrs Ct Posts: 1,150
Quote:
Originally Posted by BabyDoc Yes, I like hearing the company representatives. They often know the product the best. But it just looks like company representatives are selling THEIR goods, NOT the Shops goods. Otherwise, what is Invicta's motive to have a representative there, if the product is already sold to the shop. You don't have to sell it to the public do you, unless maybe these goods are really on consignment? Otherwise, I just don't get it. I would have to say, if any company wants to continue to sell to Shop, their watches have to sell well. If coming on air helps sell watches (And I for certain believe it does) then you would do it to assure more shipment to Shop. Remember, most of the companies do indeed feel the need to come on air. __________________ You mean what time is it now? tampa8 View Public Profile Send a private message to tampa8 Find all posts by tampa8 Add tampa8 to Your Contacts #104 Today, 03:08 PM
strutn45
Join Date: Mar 2009 Location: "Da Swamp" LA. Posts: 9,304 Real Name: John "WHO DAT"
Senior Member True WatchGeek
Quote:
Originally Posted by BabyDoc Yes, I like hearing the company representatives. They often know the product the best. But it just looks like company representatives are selling THEIR goods, NOT the Shops goods. Otherwise, what is Invicta's motive to have a representative there, if the product is ALREADY SOLD to the Shop. You don't have to sell it AGAIN to the public do you, unless maybe these goods are really on consignment to the Shop and not sold? Otherwise, I just don't get it. Its bread and butter for both...whats not to get? Win, win. __________________
"WHO DAT" strutn45 View Public Profile Send a private message to strutn45 Find all posts by strutn45 Add strutn45 to Your Contacts #105 Today, 03:13 PM
Gencoupe10
Join Date: Jan 2010 Location: Staten Island, New York Posts: 266 Real Name: Eddie B.
Senior Member Senior Geek
It looks like most people are waiting for the prices to fall. Take a look at the limited San IV only 500 ,and what is over three months , and there are still watches left ...... that says it all Gencoupe10 View Public Profile Send a private message to Gencoupe10 Send email to Gencoupe10 Find all posts by Gencoupe10 Add Gencoupe10 to Your Contacts #106 Today, 03:13 PM
meijin
WatchGeeks Owner True WatchGeek
Quote:
Join Date: Feb 2008 Location: Atlanta, GA Posts: 11,441 Real Name: Michael
Originally Posted by BabyDoc Yes, I like hearing the company representatives. They often know the product the best. But it just looks like company representatives are selling THEIR goods, NOT the Shops goods. Otherwise, what is Invicta's motive to have a representative there, if the product is ALREADY SOLD to the Shop. You don't have to sell it AGAIN to the public do you, unless maybe these goods are really on consignment to the Shop and not sold? Otherwise, I just don't get it. Well, to me it is common sense that you want the product(s) that you represent to sell well. If you wish to still have a job and get paid, you want the products you represent to sell. So yes, to an extent, there is selling going on. It is not like a company sells the product to SNBC and then they have nothing else to worry about. SNBC then has to be able to turn around and sell the item for a profit that fits into their sales model. If the item does not sell and does not sell repeatedly, then the items won't be brought back in and the vendor guest won't be on the air and collecting a paycheck any longer. __________________ Michael
Argument is meant to reveal the truth, not to create it. ~ Edward de Bono Invicta...in hoc nomen vinces!
meijin View Public Profile Send a private message to meijin Find all posts by meijin Add meijin to Your Contacts #107 Today, 03:28 PM
BabyDoc
Join Date: Mar 2010 Location: Beachwood, OHIO Posts: 615 Real Name: Bill
Senior Member Veteran Geek
Quote:
Originally Posted by tampa8 I would have to say, if any company wants to continue to sell to Shop, their watches have to sell well. If coming on air helps sell watches (And I for certain believe it does) then you would do it to assure more shipment to Shop. Remember, most of the companies do indeed feel the need to come on air.
That's probably true. Obviously, the more product moved by any vendor, the more the vendor will be in a position to come back for more. Perhaps home shopping is unique, since companies never supply that amount of support for any other kind of vendor. For example, my high end local watch dealer doesn't have a company representative in the store all day long helping sell watches. Still, on occasion, once or twice a year, they do have a watch show where a company representative is there and specials are offered for the day. When company representatives are always present hawking the goods, it does give the perception that that the product is theirs and they are only paying a commision to use the airways to sell it. BTW, while saying that Invicta or any other company doesn't set the Shop prices is usually true, certainly the price that Invicta charges the Shop for a watch, does influence the price. BabyDoc View Public Profile Send a private message to BabyDoc Find all posts by BabyDoc Add BabyDoc to Your Contacts #108 Today, 03:36 PM
meijin
Join Date: Feb 2008 Location: Atlanta, GA Posts: 11,441 Real Name: Michael
WatchGeeks Owner True WatchGeek
Quote:
Originally Posted by BabyDoc That's probably true. Obviously, the more product moved by any vendor, the more they will be in a position to come back for more. Perhaps home shopping is unique, since companies never supply that kind of support for any other kind of vendor. For example, my high end local watch dealer doesn't have a company representative in the store all day long helping sell watches. Still, on occasion, once or twice a year, they do have a watch show where a company representative is there and specials are offered for the day. When company representatives are always present hawking the goods, it does give the perception that that the product is theirs and they are only paying a commision to use the airways to sell it. BTW, while saying that Invicta or any other company doesn't set the prices is true, certainly the price that Invicta charges the Shop for a watch, does influence the price. Well, take for example your local watch dealer. How many watches of "Brand X" do you think they sell a year? You then have to determine if that number is worth it to have someone there every day or even on a fairly regular basis. It won't be. People are not buying enough of the product through that venue to make it feasible to do so. Shop at home television is a completely different animal. In a store, if two people are discussing a potential sale with you, then it is more often than not going to come off as a high pressure technique. When two people are on TV doing the same thing, it is very much different. Primarily because the potential customer is not present.
This is getting into an area where I can't say much, but I will say this. I am willing to bet you that some vendors on SNBC sell more in a month or two than you local watch dealer does for the entire year. The number of buying customers on shop at home TV is just a completely different animal than trying to sell to someone live in a store. The sales model is just completely different. __________________ Michael
Argument is meant to reveal the truth, not to create it. ~ Edward de Bono Invicta...in hoc nomen vinces!
meijin View Public Profile Send a private message to meijin Find all posts by meijin Add meijin to Your Contacts #109 Today, 03:40 PM
Wylie1
Senior Member Master WatchGeek
Quote:
Originally Posted by Z4MC LOL extra disposable cash!! I have heard of such a thing in stories and folklore! __________________
Join Date: Jan 2009 Location: Florida Posts: 4,341 Real Name: Steve
Wylie1 View Public Profile Send a private message to Wylie1 Send email to Wylie1 Find all posts by Wylie1 Add Wylie1 to Your Contacts #110 Today, 03:47 PM
BabyDoc
Join Date: Mar 2010 Location: Beachwood, OHIO Posts: 615 Real Name: Bill
Senior Member Veteran Geek
Quote:
Originally Posted by meijin Well, take for example your local watch dealer. How many watches of "Brand X" do you think they sell a year? You then have to determine if that number is worth it to have someone there every day or even on a fairly regular basis. It won't be. People are not buying enough of the product through that venue to make it feasible to do so. Shop at home television is a completely different animal. In a store, if two people are discussing a potential sale with you, then it is more often than not going to come off as a high pressure technique. When two people are on TV doing the same thing, it is very much different. Primarily because the potential customer is not present. This is getting into an area where I can't say much, but I will say this. I am willing to bet you that some vendors on SNBC sell more in a month or two than you local watch dealer does for the entire year. The number of buying customers on shop at home TV is just a completely different animal than trying to sell to someone live in a store. The sales model is just completely different. Michael, I appreciate your candor and your taking the time to answer us. I have no doubt you are correct. Home Shopping is an absolutely amazing and different animal from a local store. It is big business of a magnitude most local stores couldn't even dream of. I now see why you need to be helping to tend this store. The only thing in your remarks I would disagree with is your saying there is no high pressure on home shopping. When there is a limited edition, or a Once Only, or a Shop seller telling you that the lines are ringing off the hook and you better act now or forget it, there is high pressure of a kind you never have in a store. Sure, it isn't directed at you personally, but nevertheless, it is there. BabyDoc View Public Profile Send a private message to BabyDoc Find all posts by BabyDoc Add BabyDoc to Your Contacts #111 Today, 03:55 PM
meijin
Join Date: Feb 2008 Location: Atlanta, GA Posts: 11,441 Real Name: Michael
WatchGeeks Owner True WatchGeek
Quote:
Originally Posted by BabyDoc The only thing in your remarks I would disagree with is your saying there is no high pressure on home shopping. When there is a limited edition, or a Once Only, or a Shop seller telling you that the lines are ringing off the hook and you better act now or forget it, there is high pressure of a kind you never have in a store. Sure, it isn't directed at you personally, but nevertheless, it is there. I disagree....there have been many times that I have been in a very nice jewelry or watch store and here is what I hear from the sales person: "Well Michael, I have to tell you. This is one fine watch and only a certain number were made for the world. We have three of them and let me tell you, we had to fight like crazy to get them. So, once these are gone, I can't guarantee you that we will be able to get more of them. At this point, I believe they are all spoken for. There may end up being some cancellations on orders, but they are in such a high demand, I don't know if we can get more. And lots of folks have been looking at these. I would not at all surprised that all but one of these are gone by the weekend. I know it is a large purchase, but this may be the only opportunity you can get one, especially at this price!" Or something very similar to that. Shop at home television did not invent the "hard sell"! LOL! BTW...no insult intended to those working in retail B&M stores! Many times what they are saying is quite true. Sometimes you just need to take advantage of a deal while the iron is hot. __________________ Michael
Argument is meant to reveal the truth, not to create it. ~ Edward de Bono Invicta...in hoc nomen vinces!
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Runnin' Ute
Join Date: Feb 2010 Location: Sandy, UT Posts: 1,297 Real Name: Brad
Senior Member Super Geek
Quote:
Originally Posted by Scout13 I do not think the OP is taking about future value or holding value. I think he is talking about present value, and 3 diff values at that!, for the same watch, brand new. Over a short time frame from the same seller Invicta, First a TTV, second a once only, then a Sunday run. I think he has value in his point. As much as I love Invicta and will always buy many watches, a one time only is to be the lowest at any time...end of story. You are not supposed to see it lower, unless on a discount site, which can not be controlled. You would not expect that form Invicta. Eyal controls only the Sunday run of those three. SNBC controls the other two. Oftentimes it is done pure and simple to move slow moving inventory (a color that doesn't do so well for example) __________________
Brad "Dost thou love life? Then do not squander time, for that's the stuff life is made of." - Benjamin Franklin Runnin' Ute View Public Profile Send a private message to Runnin' Ute Send email to Runnin' Ute Find all posts by Runnin' Ute Add Runnin' Ute to Your Contacts #113 Today, 03:59 PM
DangerClose Member Member Geek
Join Date: Mar 2010 Location: San Jose, California Posts: 72 Real Name: Andrew
Quote:
Originally Posted by BabyDoc Michael, I appreciate your candor and your taking the time to answer us. I have no doubt you are correct. Home Shopping is an absolutely amazing and different animal from a local store. It is big business of a magnitude most local stores couldn't even dream of. I now see why you need to be helping to tend this store. The only thing in your remarks I would disagree with is your saying there is no high pressure on home shopping. When there is a limited edition, or a Once Only, or a Shop seller telling you that the lines are ringing off the hook and you better act now or forget it, there is high pressure of a kind you never have in a store. Sure, it isn't directed at you personally, but nevertheless, it is there. I think that is up to the host/sales rep more than the Invicta rep. They are the product expert, and the hosts are the sales experts. I tend to think the grass is always going to be greener and that there is no one-way and only one-way method for selling to such a diverse audience. __________________
DangerClose View Public Profile Send a private message to DangerClose Find all posts by DangerClose Add DangerClose to Your Contacts #114 Today, 04:17 PM
BabyDoc
Join Date: Mar 2010 Location: Beachwood, OHIO Posts: 615 Real Name: Bill
Senior Member Veteran Geek
Quote:
Originally Posted by meijin ... Shop at home television did not invent the "hard sell"! LOL! . Well, Michael, at least you are now agreeing there is some hard sell going on on home
shopping! LOL. I liked your store example of local store high pressure. But with the recent economy, I don't think too many of us are getting that kind of pressure from our local watch dealers, or we just wouldn't believe them. (My dealer is up front with me and tells me business is awful. His store is full of merchandise and usually empty of customers.) It's easier to believe your telling me a watch is going to sell out, when I can see that it almost always does. BabyDoc View Public Profile Send a private message to BabyDoc Find all posts by BabyDoc Add BabyDoc to Your Contacts #115 Today, 06:28 PM
TheVision Senior Member Veteran Geek
Join Date: Oct 2009 Location: Elk Grove, California Posts: 552
After getting bitten twice at the Shop, now I've stopped buying Invictas altogether. Instead, I seek out the FS/FT sections for a decent deal instead. Those that claim this is the trend, ITS NOT the same case with other companies like Seiko/Citizen/Boutique brands. I own Seiko divers that are still selling within 90% of what I paid for them over a year ago. Thing with other watches unlike Invicta is they are not mass-produced in large quantities merely for mass sales for the company, while sacrificing quality control, customer service, massive discounts on overstocked units. There's enough bad rep for the company as it is and their current marketing strategy will bring only more downfall if not cautious. __________________ The Great SpongeBob: "What doesn't kill u ...will kill u in the second attempt" TheVision View Public Profile Send a private message to TheVision Send email to TheVision Find all posts by TheVision Add TheVision to Your Contacts #116 Today, 06:42 PM
socrates Senior Member Super Geek
Join Date: Feb 2010 Location: Live in Hawaii on the island of Oahu Posts: 2,205 Real Name: Paul
If you are buying watches to make money then stop. Buy gold or silver instead. Buy watches because you like them period. __________________
Dulce bellum inexpertis socrates View Public Profile Send a private message to socrates Send email to socrates Find all posts by socrates Add socrates to Your Contacts #117 Today, 06:57 PM
floridajohn
Join Date: Sep 2009 Location: Cape Coral, FL Posts: 205 Real Name: John
Senior Member Senior Geek
It's a waiting game. floridajohn View Public Profile Send a private message to floridajohn Find all posts by floridajohn Add floridajohn to Your Contacts #118 Today, 07:27 PM
cwb0526 Senior Member Senior Geek
Join Date: Apr 2008 Location: Missouri (commute to DC) Posts: 123 Real Name: Chris
I've honestly never purchased a watch with a thought of resale. And, I can't say the wild price fluctuations bother me that much. I say that because it has always occurred to me that with any retail product, prices will always change; its the nature of a free market. However, if you do happen to view watches as an investment and therefore price fluctuations bother you, then I don't discount your concern. I guess I would say in that case you would be best served staying away from the brands that this is the case. JMO. Chris __________________ "Winning is a habit. Unfortunately, so is losing." - Vince Lombardi
cwb0526 View Public Profile Send a private message to cwb0526 Find all posts by cwb0526 Add cwb0526 to Your Contacts #119 Today, 07:41 PM Join Date: Jul 2008 Posts: 1,663
Nasty
Senior Member Super Geek
There is not one Invicta purchase I regret. Sure they go down in price, but so does a $30K car the second I drive it off the lot. If you want watches to retain value, don't buy a watch made for collectors rather than investors. Nasty View Public Profile Send a private message to Nasty Send email to Nasty Find all posts by Nasty Add Nasty to Your Contacts #120 Today, 07:52 PM
rolexconfuse
Join Date: Dec 2008 Posts: 221
Senior Member Senior Geek
I hate to say this but the op has a point that most people seem to miss. It's not the fact that the watch gets discounted so heavily( though it is an issue), it's how often they do the discounting, it happens to nearly all of invictas watches. Let's put it into perceptive, when a new 23k Honda comes out, you do not see dealers selling that car 31 days later for 16k. Then 2 months later they sell it at a once only of 10k rolexconfuse View Public Profile Send a private message to rolexconfuse Find all posts by rolexconfuse
Add rolexconfuse to Your Contacts #121 Today, 07:57 PM Join Date: Jul 2008 Posts: 1,663
Nasty
Senior Member Super Geek
ShopNBC is the one that marks the watch up, not Invicta.