| RM is losing credability with me ...and others?March 4 2006 at 6:36 AM | PamLover (no login) | |
| I own two RM watches. In fact I'm wearing one at this very moment and I admit to loving it's look and feel.
However, I am very concerned about the company's failure to control it's AD's from unloading (dumping) watches in the secondary market, and who re-sell at deep discounts.
For example, currently there are four (4) RM 05's for sale on ebay--deeply discounted off MSRP. Obviously, RM production of 05's is outstripping demand. Discounting off retail, obviouisly, is a fact of life. However, I have no doubt that, unless RM begins to excercise controls, the brand will suffer a serious decline.
I admire Patek, FPJ and even Rolex for controling their AD's. Discounts of more than 10% can result in the loss of the dealership.
RM apparently could care less; and it won't be long before I and other's feel the same way. I was conteplating an 09 or 02--not anymore. Now its wait and see.
Frankly, I expected a lot more from him as an independent forging a new brand with exciting ideas and innovations.
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| Responses- certainly the 05 seems to be all over the place... - SteveH on Mar 4, 2006, 6:53 AM
- Re: RM is losing credability with me ...and others? - Dario on Mar 4, 2006, 11:38 AM
- Dario: Thanks for your thoughful comments, but ...RM needs to wake up .. - PamLover on Mar 4, 2006, 5:39 PM
- I have little to add over Dario's comments. Other than to say the following... - Andrew H on Mar 4, 2006, 11:37 PM
- Dario and Thomas (and RM)...you're right and I appologize ... - PamLover on Mar 5, 2006, 6:47 AM
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