In nearly 15 years since I started collecting watches in earnest, the watch industry has grown significantly. However, the last few years have been a challenge. Inflation, geopolitical events and other headwinds are now appearing. This has resulted in a tough market and high retail price. So, what should brands do to rekindle the passion of collectors and buyers? There are no answers for all, but today’s episode will cover the topic.
Yes, it’s difficult, and there’s a lot of interest in watches, but the watch industry works late. High prices have made this worse, and in some countries there is no further potential impact of tariffs. How should brands navigate these challenging times and drive demand again? That’s our topic today. enjoy!
Handgelenkskontrolle
Before we tackle the main topic, we’ll discuss the recent Hungarian Ligurambria. Next, I’ll mention my recent trip to South Beach, where the amazing clocks are on display. As for our wristwear, Mike wears an Under Envalgo Aqua Star. There’s not much to say about this upcoming work, except that it’s a diver and a relatively thin watch. Balazs is equipped with SpaceOne WorldTimer, a wild blue titanium watch with an in-house module.
Should the watch industry rekindle the passion of collectors?
Mike shared that several brands recently reported that the second quarter was extremely challenging. This has created a topic about whether the watch industry needs to reduce and grasp the way collectors are excited. Event sponsorship and single brand boutique openings fit the traditional definition of luxury brands, but is that what the buyer wants? What’s more, do these gorgeous touches contribute to prices that are out of reach of potential customers? I will explain these ideas and more. Ultimately, there is no magic answer as to how to create more pedestrians. But I want to hear what you think!
