Do you think watch sales slowing

rmacwhade Member

Member Geek

Join Date: Aug 2009

Location: Ohio

Posts: 47 Real Name: Rich

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

take for instance renatos last versions with the 775 0 js 179226 27 28 29 the only

one that sold out was j179226 the rest with very low production numbers are still

available if you look at the back of j179229 it looks like only 15 were made i also

think sthurling and andriod are talking a bigger bite out of invicta your thoughts are

welcome rich

3 Lastest Threads by rmacwhade

Thread Forum Last Poster Replies Views Last Post

renato mostros prices down ShopNBC General Topics wave3214 2 49 05-31-2010

07:45 PM

Do you think watch sales slowing? (Answered

by... ShopNBC General Topics rmacwhade 36 588 05-31-2010

11:15 AM

my speedway was backordered i am happy ShopNBC General Topics RenatoDiamond 2 68 05-30-2010

02:56 PM

rmacwhade

View Public Profile

Send a private message to rmacwhade

Find all posts by rmacwhade

Add rmacwhade to Your Contacts

#2

Yesterday, 11:24 AM

JJmoto Senior Member

Veteran Geek

Join Date: Apr 2008

Location: Artesia N.M. Posts: 862

Real Name: Josh

I think that Android,and SO a gaining market share for sure. I think that all watch

sales are down for sure. I think the more interesting question would be are shopnbc

watch sales down?

JJmoto

View Public Profile

Send a private message to JJmoto

Find all posts by JJmoto

Add JJmoto to Your Contacts

#3

Yesterday, 11:46 AM

RenatoDiamond Senior Member

True WatchGeek

Join Date: Dec 2008

Location: California

Posts: 17,318

Real Name: Gene

Quote:

Originally Posted by JJmoto

I think that Android,and SO a gaining market share for sure. I think that all watch

sales are down for sure. I think the more interesting question would be are shopnbc

watch sales down?

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

selling out.

__________________

RenatoDiamond

RenatoDiamond

View Public Profile

Send a private message to RenatoDiamond

Send email to RenatoDiamond

Find all posts by RenatoDiamond

Add RenatoDiamond to Your Contacts

#4

Yesterday, 11:53 AM

watchdude1 WatchGeeks Moderator

Super Geek

Join Date: Nov 2008

Location: The Woodlands, TX

Posts: 2,415 Real Name: Matt

The whole watch industry in general is facing tough times. In 2009, the members of

the Swiss federation had negative 22.3% in total sales. The Swatch group was only

down 5.5% in sales in comparison. It is going to get worse before it gets better as

there is always a global lag with some of these indicators. When the luxury market is

facing dismal numbers, everyone is going to take a hit.

__________________

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

-Billy Currington

watchdude1

View Public Profile

Send a private message to watchdude1

Find all posts by watchdude1

Add watchdude1 to Your Contacts

#5

Yesterday, 11:55 AM

timewarped73 Senior Member

Veteran Geek

Join Date: Dec 2009

Location: Thomasville,North Carolina

Posts: 952

Real Name: Michael

I agree,I have noticed that sell-outs dont happen like they used to.There nice watches

being sold on snbc,but the prices need to be lower and value pays need to be at 5 or

6 not at 3.

timewarped73

View Public Profile

Send a private message to timewarped73

Send email to timewarped73

Find all posts by timewarped73

Add timewarped73 to Your Contacts

#6

Yesterday, 12:08 PM

ras Senior Member

Master WatchGeek

Join Date: May 2009

Location: OOB.MAINE

Posts: 3,143 Real Name: rick

TTV on watches are not doing as well because people are waiting for the

next couple of price drops.

ras

View Public Profile

Send a private message to ras

Find all posts by ras

Add ras to Your Contacts

#7

Yesterday, 12:12 PM

blduckhockey Member

Member Geek

Join Date: Apr 2010

Location: New Jersey

Posts: 85 Real Name: Barry

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

They all use cell phones to find out the time. I wonder if watches are on the way out

to replaced by the world of electronic devices

blduckhockey

View Public Profile

Send a private message to blduckhockey

Send email to blduckhockey

Find all posts by blduckhockey

Add blduckhockey to Your Contacts

#8

Yesterday, 12:15 PM

bugduck Senior Member

Master WatchGeek

Join Date: Mar 2009

Location: Virginia

Posts: 2,506

Real Name: Lynn

Quote:

Originally Posted by watchdude1

The whole watch industry in general is facing tough times. In 2009, the members of

the Swiss federation had negative 22.3% in total sales. The Swatch group was only

down 5.5% in sales in comparison. It is going to get worse before it gets better as

there is always a global lag with some of these indicators. When the luxury market

is facing dismal numbers, everyone is going to take a hit.

Well Said, I Agree !

bugduck

View Public Profile

Send a private message to bugduck

Send email to bugduck

Find all posts by bugduck

Add bugduck to Your Contacts

#9

Yesterday, 12:15 PM

Swolletime Senior Member

Super Geek

Join Date: Jan 2009

Location: Boca Raton, FL

Posts: 1,657 Real Name: Steve "Swolle"

After the SAN IV auto went on to DOD sites so quickly after their

introduction, people are willing to wait. Lesson learned

__________________

..

SAS Vallée de Joux 7750

Swolletime

View Public Profile

Send a private message to Swolletime

Find all posts by Swolletime

Add Swolletime to Your Contacts

#10

Yesterday, 12:19 PM

D-Smoke Senior Member

Super Geek

Join Date: Feb 2009

Location: Tacoma Wa

Posts: 1,553

Real Name: Dennis

Quote:

Originally Posted by blduckhockey

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

They all use cell phones to find out the time. I wonder if watches are on the way out

to replaced by the world of electronic devices

My sons a 3rd grader and he wears watches to school everyday and is a WG member,

Big Bubba. His friends are ALWAYS asking him about his watches and think he's rich!

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

time. Watches are for people who dont just wanna tell time! They wont be on their

way out due to technology or electrical devices because to those of us who love

watches electronic devices cant replace a watch. I have the time on my cell, in my

car, and in my room I have the time on 4 different devices, still Im buying watches. I

dont buy them just to tell time.

__________________

Big Denny In T-Town

D-Smoke

View Public Profile

Send a private message to D-Smoke

Send email to D-Smoke

Find all posts by D-Smoke

Add D-Smoke to Your Contacts

#11

Yesterday, 12:24 PM

blduckhockey Member

Member Geek

Join Date: Apr 2010 Location: New Jersey

Posts: 85

Real Name: Barry

I do not disagree with you. However I just see fewer and fewer kids with them. To me

that means that they will not learn to appreciate them. That worries me.

blduckhockey

View Public Profile





#12

Yesterday, 12:29 PM

fullautoarmalite Senior Member

Master WatchGeek

Join Date: Nov 2008

Location: Justin, Texas in DFW

Posts: 4,635

Real Name: Steve

Unless we have been living under a rock for the last few years, everything is slowing

down, there are countries falling all around us and the unemployment rate is 10%

and still growing, not to mention we are still in a war and the oil is still spewing out by

the thousands of gallons everyday and thats just the tip of the iceberg. but yes i think

watch sales are slowing.

__________________

fullautoarmalite

View Public Profile

Send a private message to fullautoarmalite

Send email to fullautoarmalite

Find all posts by fullautoarmalite

Add fullautoarmalite to Your Contacts

#13

Yesterday, 12:38 PM

talestar Member Member Geek

Join Date: Apr 2010

Posts: 58

watch sells all around are droping so the makers are raising prices just to make some

kind of profit to keep the lights on.As far a Renato not selling out as fast, thats a bigg

plus for me,this way i can get more time to save up to buy them or wait till clerence

sale.

talestar

View Public Profile

Send a private message to talestar

Find all posts by talestar

Add talestar to Your Contacts

#14

Yesterday, 12:42 PM

KOKONUTZ Senior Member

Super Geek

Join Date: Oct 2009 Posts: 1,730

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

machines.

People born from the turn of the century through the mid 80's are more apt to be

sporting a watch (more of a fashion statement than to tell time) JMHO.

KOKONUTZ

View Public Profile

Send a private message to KOKONUTZ

Find all posts by KOKONUTZ

Add KOKONUTZ to Your Contacts

#15

Yesterday, 12:44 PM

jskelton WatchGeeks Owner

True WatchGeek

Join Date: Feb 2008

Posts: 14,769

Real Name: "Diamond Jim" Skelton

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

personal shows...

The entire industry is down. Record lows actually... but at ShopNBC our watch sales

have grown every year for the last 6 years straight. We have already sold more so far

in 2010 than we did this time last year... we continue to grow.

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

I have not been in the office.

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

It's harder to really track because we now do so many more watch hours than we

have ever done in the past, I think something like 40% more watch programming

now than we had a couple years ago.

The extra hours really began in February of 2009, my personal on-air work schedule

tripled... and stayed that way for about a year. It is still much greater than it used to

be. Also Tim is here, and all the other hours hosted by various hosts... we have a LOT

more now than ever before.

You don't waste airtime, it is extraordinarily expensive... you put your best

performing product on the most. Watches are still the number one category in the

company, as it has been for a solid 3 years, and always been in the top 2 for the last

6 years.

The company is of course working on really cool surprises for electronics, home

products and jewelry... so over time we will see a few less hours for watches as these

areas continue to grow and become more & more popular.

__________________

Quote:

Originally Posted by charleswatts

Your candor in the explanation reveals the nature of the relationship you have

formed with your viewers.

jskelton

View Public Profile

Send a private message to jskelton

Visit jskelton's homepage!

Find all posts by jskelton

Add jskelton to Your Contacts

#16

Yesterday, 12:47 PM

bigwatchking1 Senior Member

Master WatchGeek

Join Date: Jan 2010

Location: ohio

Posts: 2,975 Real Name: Nhard

i think us watchgeeks buy enough watches for the rest of the world....and the

younger generation has no need for one with cellphones , ipods ,and mp3 players,,but

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

__________________

when I find they guy who stole my watch

bigwatchking1

View Public Profile

Send a private message to bigwatchking1

Send email to bigwatchking1

Find all posts by bigwatchking1

Add bigwatchking1 to Your Contacts

#17

Yesterday, 12:49 PM

JavaQueen Senior Member

Super Geek

Join Date: Mar 2008

Location: New York Posts: 1,571

There are a combination of factors. To look at it globally: the younger generation is

not inclined to use watches. They use their cell. This is also the generation that has

trouble telling time on an analog watch. Having said that, there is a small segment of

a certain age (20s-30s) that appreciates them for S-tatus. In other words, Rolex,

Panerai and Cartier. just for the name.

The economy is suffering here and those in the West are beginning to suffer. You

won't know the impact of that on the emerging markets. (Very important because

they have the growing disposable income and they are the outsourcers.)

To bring it down on a local level"

Watches are disposable income and people are pulling back in general. They are

either paying down debt, unable to procure anymore, or having learned their lesson,

will be making further discretionary purchases. Watches fall into that category. How

many more watches can a person buy? Even if you wanted to?

To bring it down to the micro-level: Shop is not being as generous with VPs as before

and when factoring in tax and shipping charges, no longer as attractive a source for

watches.

JavaQueen

View Public Profile

Send a private message to JavaQueen

Find all posts by JavaQueen

Add JavaQueen to Your Contacts

#18

Yesterday, 01:04 PM

Geoffrey_Thorpe Member Member Geek

Join Date: Apr 2010

Location: With the Sea Hawks

Posts: 42

It just stands to reason, people don't collect mattresses or have 20 sheet sets like

watches. Once you buy one, you're kinda good to go for awhile.

Men who don't wear french cuffs have limited jewelry options: watches, writing

instruments and rings. Many guys won't even wear their wedding band, so rings could

be a problem to convince us to have multiple items. Personal writing instruments are

a symbol or power and prestige in many countries, but not so much in the U.S.

outside of business. That leaves watches as the one jewelry item that men can buy

multiple of and keep coming back for more.

Plus if the manly on air salesperson wears a pirate shirt and whips out his M1 to

demonstrate scratch resistance of the crystal..even better.

Geoffrey_Thorpe

View Public Profile

Send a private message to Geoffrey_Thorpe

Find all posts by Geoffrey_Thorpe

Add Geoffrey_Thorpe to Your Contacts

#19

Yesterday, 01:09 PM

davidboy Senior Member Senior Geek

Join Date: Jan 2009

Posts: 353

If things keep the way they are with our countries problems even The Shop will suffer

it will Hit everyone who do you think is really going to pay for the Oil spill . watch

Geeks and all the Guys that enjoy a Hobbie of Watches. You still can not eat a watch

davidboy

View Public Profile

Send a private message to davidboy

Find all posts by davidboy

Add davidboy to Your Contacts

#20

Yesterday, 01:10 PM

wave3214 Senior Member

True WatchGeek

Join Date: Apr 2008 Location: Tempe, suburb of Phoenix

Posts: 17,567

Great explanation Jim. I guess all things are down a bit right now, glad to hear that

SNBC is weathering the storm well

__________________

wave3214

View Public Profile

Send a private message to wave3214

Find all posts by wave3214

Add wave3214 to Your Contacts

#21

Yesterday, 01:36 PM

rottieluv Senior Member

Super Geek

Join Date: Mar 2009

Location: Zellwood, FL (near Orlando)

Posts: 1,416

Real Name: Denise

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

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

Luckily, my home is paid for, but my watch budget has dried up and I don't see that changing for quite some time.

~ Denise

rottieluv

View Public Profile

Send a private message to rottieluv

Find all posts by rottieluv

Add rottieluv to Your Contacts

#22

Yesterday, 01:37 PM

Bourbon City Senior Member Senior Geek

Join Date: Feb 2010

Location: Indianapolis Posts: 280

Real Name: Dale

I know many people that no longer wear wrist watches nor carry pocket watches

because of cell-phone clocks, computer clocks and automobile clocks. Most

everywhere you go or look now days there are accurate clocks to give you the time.

BC

Bourbon City

View Public Profile

Send a private message to Bourbon City

Find all posts by Bourbon City

Add Bourbon City to Your Contacts

#23

Yesterday, 01:38 PM

tampa8 Senior Member Super Geek

Join Date: Oct 2008

Location: Tampa FLorida & Storrs Ct Posts: 1,041

I hope sales continue upwards for Shop and they stay in business for a long time. I

am going to want something to complain about, might as well be shop.

__________________

Remember, watches are people too.

tampa8

View Public Profile

Send a private message to tampa8

Find all posts by tampa8

Add tampa8 to Your Contacts

#24

Yesterday, 01:42 PM

blduckhockey Member

Member Geek

Join Date: Apr 2010

Location: New Jersey

Posts: 85

Real Name: Barry

Well one thing from all I this--I still love watches and as Jim can testify--ShopNBC is

doing fine in the watch department--so that makes me glad!!!

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

blduckhockey

View Public Profile





#25

Yesterday, 02:10 PM

Rog1 Senior Member

Super Geek

Join Date: Nov 2009 Location: Pompano Beach , Fl.

Posts: 1,745

Real Name: Roger

Heard an interesting supposition a few days ago on a local news station. Only time

will tell if it comes true. The next generation (our children), will be the first generation

in our Nations history, that does NOT have a better standard of living than the

generation that immediately preceded it.

R

__________________

I'm earning extra watch money, one

wipe at a time!!!!

dacathey Senior Member

Super Geek

Join Date: Jul 2008 Location: Spring Texas

Posts: 1,038

Real Name: Dave

Quote:

Originally Posted by blduckhockey

Well one thing from all I this--I still love watches and

as Jim can testify--ShopNBC is doing fine in the watch

department--so that makes me glad!!!

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

just a thought.

Lets put it this way Tim Temple was on a competing

channel selling watches and they have about stopped

their watch shows. Maybe it's Jim, maybe it's better

product, maybe both.

__________________

dacathey

View Public Profile

Send a private message to dacathey

Find all posts by dacathey

Add dacathey to Your Contacts

#27

Yesterday, 02:22 PM

RenatoDiamond Senior Member True WatchGeek

Join Date: Dec 2008

Location: California Posts: 17,318

Real Name: Gene

Quote:

Originally Posted by dacathey

Lets put it this way Tim Temple was on a competing channel selling watches and

they have about stopped their watch shows. Maybe it's Jim, maybe it's better

product, maybe both.

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

__________________

RenatoDiamond

RenatoDiamond

View Public Profile

Send a private message to RenatoDiamond

Send email to RenatoDiamond

Find all posts by RenatoDiamond

Add RenatoDiamond to Your Contacts

#28

Yesterday, 02:59 PM

dacathey Senior Member

Super Geek

Join Date: Jul 2008

Location: Spring Texas

Posts: 1,038 Real Name: Dave

I was just pointing out that Tim is no slouch selling watches so ShopNBC is doing

something better than their competitors otherwise watch sales would be up on both

channels.

__________________

dacathey

View Public Profile

Send a private message to dacathey

Find all posts by dacathey

Add dacathey to Your Contacts

#29

Yesterday, 03:30 PM

Hotspur Senior Member

Super Geek

Join Date: Feb 2010

Location: Here - now

Posts: 1,067

Real Name: William (Bill)

Quote:

Originally Posted by Rog1

Heard an interesting supposition a few days ago on a local news station. Only time

will tell if it comes true. The next generation (our children), will be the first

generation in our Nations history, that does NOT have a better standard of living

than the generation that immediately preceded it.

R

Have wondered the same thing for a while, but was reluctant to come right out and

say so. Not particularly a doom and gloom "glass half empty" kind of guy either. Still

believe we in the U.S. can turn it around and lead the way out of this mess.

__________________ They all wound - the last one kills

(inscribed below a 15th century clock)

Hotspur

View Public Profile

Send a private message to Hotspur

Find all posts by Hotspur

Add Hotspur to Your Contacts

#30

Yesterday, 03:37 PM

Joe Tex Senior Member

Master WatchGeek

Join Date: Aug 2008

Location: PA

Posts: 2,506

Quote:

Originally Posted by Swolletime

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

DITTO my brutha...

Peace N Love

Joe Tex

View Public Profile

Send a private message to Joe Tex

Send email to Joe Tex

Find all posts by Joe Tex

Add Joe Tex to Your Contacts

#31

Yesterday, 03:43 PM

CLEANS-HIGH Senior Member

Veteran Geek

Join Date: Jul 2008

Location: Aliquippa Pa

Posts: 795

The other watch show Tim Temple was on, IMO did not put as much effort in watches

as SNBC does. I mean they had watch shows TUE & Thur from 12.00AM till 2.00Am,

who is going to be able to watch it at those times, I did for awhile but when you get

up at 5.00AM it's is tough. I just think they were putting more effort in the Jewelry

than watches, Not the Hosts but the company as a whole, Just my opinion

CLEANS-HIGH

View Public Profile

Send a private message to CLEANS-HIGH

Find all posts by CLEANS-HIGH

Add CLEANS-HIGH to Your Contacts

#32

Yesterday, 05:26 PM

the watcher Senior Member

Veteran Geek

Join Date: Nov 2008

Posts: 533

The question is, Has SHOPNBC sold more units or more gross sales in dollars. The

economy is still bad and getting worse IMHO.

the watcher

View Public Profile

Send a private message to the watcher

Find all posts by the watcher

Add the watcher to Your Contacts

#33

Yesterday, 05:31 PM

dalepac Senior Member

Senior Geek

Join Date: Mar 2009

Location: Cleveland, Ohio

Posts: 266 Real Name: Dale

As one who works in Medicine, I can just see the face of my Patient when I whip out

my cellphone to take the Heart Rate, Pulse and Respiration count...Give me a break,

there will always be a need...The sweet thing of owning so many great watches is

often the conversation that occurs about them...Keep up the Great Work (Invicta, SO,

Android, Croton, Deep Blue)...

dalepac

View Public Profile

Send a private message to dalepac

Send email to dalepac

Find all posts by dalepac

Add dalepac to Your Contacts

#34

Yesterday, 05:57 PM

dostacos Member Member Geek

Join Date: Apr 2010

Posts: 48 Real Name: Dan S

I bought a pair of Russian Divers, one for me and one for #3 son. Number 3 son said

I only wear bracelet watches {and grabbed my Swiss Army watch} I also bought my

wife the baby Lupah with the heart crystals and extra straps. the FIRST thing my RN

wife asked is, did it have a sweep second hand {like I would ever buy her a watch

without the sweep second hand }

Gave #2 son a Venom which he does like, and will be working a job that he should

NOT be pulling his phone out to check time

Number 1 son is a professional photographer so he can use the phone, I am working

on him but so far....

dostacos

View Public Profile

Send a private message to dostacos

Send email to dostacos

Find all posts by dostacos

Add dostacos to Your Contacts

#35

Yesterday, 07:11 PM

capthook Senior Member

Veteran Geek

Join Date: Mar 2009

Location: new jersey

Posts: 932

Real Name: buzz

kids grow up.....and eventually want to get dressed for style...for dates and

such....then evetually meetings....they will need watches......i take great pleasure in

being the one they come to ask advice on watches...i also take great pride in being

able to show them the collection...and advise them on what style watch is best suited

for what occasion......they will need watches.....be there for them when they do....

capthook

View Public Profile

Send a private message to capthook

Send email to capthook

Find all posts by capthook

Add capthook to Your Contacts

#36

Yesterday, 07:17 PM

rmacwhade Member

Member Geek

Join Date: Aug 2009

Location: Ohio

Posts: 47 Real Name: Rich

thank you all rich

Quote:

Originally Posted by rmacwhade

take for instance renatos last versions with the 775 0 js 179226 27 28 29 the only

one that sold out was j179226 the rest with very low production numbers are still

available if you look at the back of j179229 it looks like only 15 were made i also

think sthurling and andriod are talking a bigger bite out of invicta your thoughts are

welcome rich

after seeing all the replys to myk question a couple of things are very outstanding.the

economy has a long hard trip to get back to anvwhere close to what it was most

collector hobbies will take a major hit and the descruction of the gulf oil spill will hurt

all of us god bless america we need it now sincerly rich

rmacwhade

View Public Profile

Send a private message to rmacwhade

Find all posts by rmacwhade

Add rmacwhade to Your Contacts

#37

Yesterday, 07:37 PM

rmacwhade Member

Member Geek

Join Date: Aug 2009 Location: Ohio

Posts: 47

Real Name: Rich

after reading all the coments a couple of things are outstanding the economy has

along hard trip to get back to where it was most collector hobbies willtake a large hit

and the destruction of the gulf coast by this killer oil spill will hurt us all god bless

america we sure need it rich

Do you think watch sales slowing

Documents

Transcript of Do you think watch sales slowing