![]() What is the grey market in the watch industry? There are a lot of misconceptions about the grey market watches and the grey market watch industry so in this article, we’ll get to the bottom of what it is and what it means. I’d say 95+% of sneaker flippers don’t see shit relatively speaking.What are Gray Market Watches? The Ultimate GuideĬhances are, you have heard the term ”gray market” in the context of the watch industry before. Small flippers get crushed by people who really only need small margins to be happy hard to compete with someone whose cool taking 30 over retail on 100 pairs from a drop to get ‘em gone. Of course it can be scaled up but to get in at this point and see 6 figures of profit annually, it’s either your main job or you just kept up with the changes and it’s worth the time because it’s fun, and you get your kicks. And if you teach yourself you can hit really any item that drops on the internet that you think will be worth it but to see any real money it requires capital and time. These days if you do it right you can move 100 pairs from a single drop without them ever being delivered to you sans the pairs you want to keep, albeit ~7% market price loss, but it can be done. I did in high school when all I had was summer practice.īack then you had to have friends who’d help you bring 200 pairs to sneaker events. If you wanna crank out hours on end for a few months and make your own bot, you have to have time. Lol flipping sneakers is definitely a fun hobby that can be scaled to a side hustle if you’re a sneakerhead and already want 2-3 pairs for yourself. You should go back to WUS, maybe you can find some of the people you used to troll there and relive the "good" old days. So disappointed to see you in this state, a shell of yourself. Where's the clever trolly comment you used to do in WUS? Rolexmania only ends when grey buyers say it does. I'll be here for you, I'm not going anywhere. A downturn that you are futilely trying to ignore or, most likely, trying to somehow use as trolling ammunition. But what happening right now is a big market downturn. What relevance does that have to the original argument of the market crashing vs not crashing? You realize that the grey market in general can still exist after the price drop, right? Up, down, sideways, whatever. So when the market fluctuates- aka what grey buyers are willing to pay- the grey dealers simultaneously lower their retail prices and lower their buy prices. They make the same $1K to $2K either way. Grey dealers make as much on a watch at $22K as they do at $27K. ![]() Sidebar photo idea courtesy of /u/omega703Įvery year, huh? Care to remind me what happened to the Rolex market around Oct-Nov 2021? If you're looking to buy a Rolex online, try this list of well-known sellers. "Hi I'm Steve from RandomStrapCo, here are some pics of our new strap" is 100% fine, but thinly-veiled promotional posts from throwaways are not appreciated and will be removed. ![]() Promotional posts from vendors are fine, as long as you're upfront about who you are, participate in some discussion, and don't spam the sub with multiple threads. And no posts from toilets or moving cars, you savages! Memes and shitposts will generally be deleted unless they're actually funny or create relevant discussion. Posts that are easily Google-able will be removed at mods' discretion, as well as basic questions that have been frequently asked in the past (such as, " Are Rolex watches good investments?"). This is a place to discuss Rolex and Tudor watches. Contests and/or giveaways must be cleared with the mods before being posted. There are subreddits and websites that are dedicated to buying/selling watches, including /r/WatchExchange. Questions about particular watches being real/fake should go in the stickied Monthly Watch Verification thread and not a new thread.Īt this time, buying/selling threads are not permitted. This is the oldest rule of this community, kept in place since the beginning. Replica/fake/counterfeit watch posts and discussion are explicitly forbidden, aside from text posts about how to identify and avoid fakes. Report any comments that break this basic rule. No personal attacks, even if you think a user's model is dubious. Reddit's go-to source for news and discussion about Rolex and Tudor watches.
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