{"id":2308,"date":"2021-09-11T00:24:21","date_gmt":"2021-09-11T00:24:21","guid":{"rendered":"https:\/\/exceptionaltiming.com\/?p=2308"},"modified":"2022-08-02T04:20:54","modified_gmt":"2022-08-02T04:20:54","slug":"reasons-why-watches-are-expensive","status":"publish","type":"post","link":"https:\/\/exceptionaltiming.com\/reasons-why-watches-are-expensive\/","title":{"rendered":"8 Reasons Why Watches Are So Expensive"},"content":{"rendered":"<div class=\"boldgrid-section\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-sm-12\">\n<p class=\"\">Now you can listen to this article!<\/p>\n<div class=\"ast-oembed-container \" style=\"height: 100%;\"><iframe title=\"8 Reasons Why Watches Are So Expensive!!\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/e76V9rTl_wg?start=7&#038;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<p>&nbsp;<\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">Many people no longer use <a href=\"https:\/\/exceptionaltiming.com\/how-long-do-analog-watches-last\/\">analog<\/a> watches; with the invention of cell phones, all you need to do to tell the time is pull your phone out of your pocket or purse. However, for some people, these classic, mobile clocks are an important part of their wardrobe and how they present themselves or a treasured <a href=\"https:\/\/exceptionaltiming.com\/how-to-pick-a-watch-for-your-boyfriend-ultimate-guide\/\">gift<\/a> for an accomplishment such as graduating from college or landing their dream job or promotion\u2014but with it comes an expensive price tag.<\/span><\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">Those <a href=\"https:\/\/exceptionaltiming.com\/biggest-mistakes-to-avoid-when-buying-a-watch\/\">buying watches<\/a> may be expecting them to be somewhat pricey but are willing to splurge for a special occasion. However, they may be surprised by just how costly these little clocks can get: the lowest range is several hundred dollars, and the highest range is many thousands of (with a few being over a million) dollars. Many people wonder why exactly such a small item is so expensive; read on for eight reasons why they cost so much!&nbsp;<\/span><\/p>\n<h2 class=\"\"><span style=\"font-weight: 400;\">A Lot of Research Goes into Creating Watches<\/span><\/h2>\n<p class=\"\"><span style=\"font-weight: 400;\">Before a watch is built, <\/span><a href=\"https:\/\/www.truefacet.com\/guide\/why-are-luxury-watches-so-expensive\/\"><span style=\"font-weight: 400;\">years of research<\/span><\/a><span style=\"font-weight: 400;\"> go into making it. Watchmaking is a field where you have to use the already established tried and true watchmaking techniques. However, to make a name for yourself as a <a href=\"https:\/\/exceptionaltiming.com\/benefits-of-wearing-a-watch\/\">watch<\/a>maker, you also need to build upon that and challenge yourself to make your watch into more\u2014more complex, more refined, less bulky, and so on.&nbsp;<\/span><\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">It takes time to research and figure out what materials and moving parts you can make that will help your <a href=\"https:\/\/exceptionaltiming.com\/how-many-watches-should-a-man-own\/\">watch<\/a> stand out while also respecting the past and proper techniques that work. So, when you are <a href=\"https:\/\/exceptionaltiming.com\/should-you-ever-buy-a-watch-without-papers\/\">buying an expensive watch<\/a>, you are also paying for the time it took before the watch even began to take shape.&nbsp;<\/span><\/p>\n<h2 class=\"\"><span style=\"font-weight: 400;\">It Takes Multiple People and Stages to Develop a Watch<\/span><\/h2>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/exceptionaltiming.com\/do-big-watches-look-good-on-small-wrists\/\">Watches may be small<\/a>, but it takes many people to make them. Creating and perfecting a watch is an art form across many <\/span><a href=\"https:\/\/www.highsnobiety.com\/p\/why-are-watches-so-expensive\/\"><span style=\"font-weight: 400;\">disciplines<\/span><\/a><span style=\"font-weight: 400;\">, including house movements, dial-mounting, long power reserves, and finishing techniques.&nbsp;<\/span><\/p>\n<h3 class=\"\"><span style=\"font-weight: 400;\">In-House Movement<\/span><\/h3>\n<p class=\"\"><span style=\"font-weight: 400;\">In-house movement or in-house caliber means that instead of outsourcing the creation of the <a href=\"https:\/\/exceptionaltiming.com\/ways-to-get-watches-cheap\/\">watch<\/a>&#8216;s engine, a unique design for the movement of the watch is designed within the company. As you can imagine, this requires a great deal of skill from people who have a background in mechanical engineering.&nbsp;<\/span><\/p>\n<h3 class=\"\"><span style=\"font-weight: 400;\">Dial Mounting<\/span><\/h3>\n<p class=\"\"><span style=\"font-weight: 400;\">After the in-house movement is created, the dial or the clock&#8217;s face needs to be mounted onto it. Because the in-house movement for a <a href=\"https:\/\/exceptionaltiming.com\/ways-to-tell-if-a-titan-watch-is-an-original\/\">watch<\/a> is so unique, the mounting of the dial also has to be unique to make sure it fits into place properly, and therefore proper training needs to be had. This <\/span><a href=\"https:\/\/www.youtube.com\/watch?v=uzDVzkZXlgU\"><span style=\"font-weight: 400;\">video<\/span><\/a><span style=\"font-weight: 400;\"> gives a small window into just how much precision and time it takes to mount the dial on a custom watch.&nbsp;&nbsp;<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Power Reserves<\/span><\/h3>\n<p class=\"\"><span style=\"font-weight: 400;\">Instead of being battery-powered, a <a href=\"https:\/\/exceptionaltiming.com\/4-ways-to-know-if-a-tudor-watch-is-an-original\/\">watch<\/a> is run by a self-winding movement in a spring. Once the spring has completely unwound, then the <a href=\"https:\/\/exceptionaltiming.com\/watch-back-removal\/\">watch will need to be wound back<\/a> up again. Most power reserves in luxury <a href=\"https:\/\/exceptionaltiming.com\/do-mechanical-watches-last-forever\/\">watches last<\/a> 48-72 hours. There are skills needed to both design this spring as well as knowledge of how it will fit in and work with the rest of the clock\u2019s mechanisms.&nbsp;<\/span><\/p>\n<h3 class=\"\"><span style=\"font-weight: 400;\">Finishing Techniques<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Part of the appeal of a <a href=\"https:\/\/exceptionaltiming.com\/why-are-new-watches-always-set-to-10-10\/\">watch<\/a> is its smooth, polished, and attractive look. This is done with finishing <\/span><a href=\"https:\/\/www.watchaffinity.co.uk\/blog\/watch-finishing-techniques\/\"><span style=\"font-weight: 400;\">techniques<\/span><\/a><span style=\"font-weight: 400;\"> which include:<\/span><\/p>\n<ul class=\"\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Beveling<\/b>: Smoothing all the sharp angles in the <a href=\"https:\/\/exceptionaltiming.com\/automatic-vs-manual-winding-watch-which-is-a-better-buy\/\">mechanisms<\/a> down to give it a softer, smoother appearance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Mirror or black <a href=\"https:\/\/exceptionaltiming.com\/polish\/\">polish<\/a><\/b>: Applying polish to the metallic components to give it a glossy finish that has a mirroring effect<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Graining or brushing<\/b>: Etching a pattern into the watch&#8217;s surface to give it a unique and <a href=\"https:\/\/exceptionaltiming.com\/is-wearing-a-watch-considered-attractive\/\">attractive<\/a> look; there are many different types of graining designs, but the three most common are Geneva Stripes, Perlage, and Guilloche.&nbsp;<\/span><\/li>\n<\/ul>\n<p class=\"\"><b>When you combine every aspect of creating a <a href=\"https:\/\/exceptionaltiming.com\/9-ways-to-know-if-a-tag-heuer-watch-is-an-original\/\">watch<\/a>, the man-hours it takes often reach the high thousands. You are paying as much for the labor, time, and skill that went into it as you are for the brand.&nbsp;<\/b><\/p>\n<h2 class=\"\"><span style=\"font-weight: 400;\">Watch Movements Require Highly Skilled Specialists<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As mentioned above, creating a <a href=\"https:\/\/exceptionaltiming.com\/why-are-watches-called-watches\/\">watch<\/a> movement takes people who are highly skilled in that area. Some movements are so incredibly complex and detailed that it goes beyond the capabilities of many watchmakers. Thus, the number of people who are capable and skilled enough dwindles. Even in the small number of people who have the skill set necessary to create a movement, training (usually lasting years) is necessary.<\/span><\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">But training costs <a href=\"https:\/\/exceptionaltiming.com\/are-fossil-watches-worth-the-money-heres-how-to-decide\/\">money<\/a>, and the people watch companies are training also need to be paid for their work. Since it is a highly specialized field that few people can work in, these specialists are paid quite a bit. This, in turn, drives the cost of production up, and that cost is then transferred into the overall <a href=\"https:\/\/exceptionaltiming.com\/how-to-calculate-your-watch-price-to-salary-ratio\/\">price of the watch<\/a> for the company to be able to make money from their product.&nbsp;<\/span><\/p>\n<h2 class=\"\"><span style=\"font-weight: 400;\">High-Quality Watch Materials Drive Up Costs<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Another reason that watches can be more <a href=\"https:\/\/exceptionaltiming.com\/buying-a-second-hand-watch\/\">expensive<\/a> is that the material used for the case, the dial protector, and even the wristband are simply of better quality and cost more to acquire. The types of materials generally used for luxury watches are numerous and include the <\/span><a href=\"https:\/\/www.fhs.swiss\/eng\/expensivewatch.html\"><span style=\"font-weight: 400;\">following<\/span><\/a><span style=\"font-weight: 400;\">:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Steel<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ceramics<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Precious metals, such as gold or diamonds<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Crystal (for the dial)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><a href=\"https:\/\/exceptionaltiming.com\/stop-leather-watches-smelling\/\">Leather<\/a> or titanium (for the bracelet)<\/span><\/li>\n<\/ul>\n<p class=\"\"><span style=\"font-weight: 400;\">On the other hand, most <a href=\"https:\/\/exceptionaltiming.com\/heres-what-your-watch-brand-says-about-you\/\">fashion<\/a> watches are made from low-cost materials such as plastic, which means they can be sold for much less money.&nbsp;<\/span><\/p>\n<h2 class=\"\"><span style=\"font-weight: 400;\">Watches Have a High Demand and Low Supply<\/span><\/h2>\n<p class=\"\"><span style=\"font-weight: 400;\">Because so much time, labor, and precision go into making <a href=\"https:\/\/exceptionaltiming.com\/9-ways-to-know-if-an-omega-watch-is-an-original\/\">watch<\/a>es, it is impossible to mass-produce many watch models. Therefore, the amount that is produced is limited by necessity. It is no secret that people tend to want something that they can\u2019t have or is unique. It is no different when it comes to <a href=\"https:\/\/exceptionaltiming.com\/6-ways-to-know-if-a-longines-watch-is-an-original\/\">watches<\/a>. When there is a limited supply of something, it grabs attention, and people are willing to pay more for it.<\/span><\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">Across <a href=\"https:\/\/exceptionaltiming.com\/can-a-watch-cause-an-allergic-reaction\/\">watch<\/a> companies, there are two ways watch availability is limited. On the one hand, you have <a href=\"https:\/\/exceptionaltiming.com\/how-to-choose-the-best-rolex-size-for-you-9-tips\/\">Rolex<\/a>, which does not make more than a million of any watch style. On the other hand, many other companies create limited-edition models; these are only made for a certain amount of time and <a href=\"https:\/\/exceptionaltiming.com\/does-a-watch-retain-its-value\/\">cost<\/a> more than the standard model they regularly make.&nbsp;<\/span><\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">When it comes down to it, though, the more a <a href=\"https:\/\/exceptionaltiming.com\/9-ways-to-tell-if-a-cartier-watch-is-an-original\/\">watch<\/a> it sought after, the more a company can charge for it as they have established themselves as a reputable luxury brand.<\/span><b>&nbsp;<\/b><\/p>\n<h2 class=\"\"><span style=\"font-weight: 400;\">Established Watch Brands Are Able to Charge More<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Well-known and established <a href=\"https:\/\/exceptionaltiming.com\/are-watches-cheaper-in-japan\/\">watch<\/a> brands can charge a lot for their watches simply based on their brand&#8217;s reputation and prestige. There are several reasons why well-known brands such as <a href=\"https:\/\/exceptionaltiming.com\/8-reasons-why-its-worth-buying-a-second-hand-rolex\/\">Rolex<\/a> <\/span><i><span style=\"font-weight: 400;\">can<\/span><\/i><span style=\"font-weight: 400;\"> charge a lot for their money and why people are willing to shell out the big bucks.&nbsp;<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Social Aspect<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Humans both want to be accepted and fit into a group, but they also want to stand out. Having a well-known luxury brand of a <a href=\"https:\/\/exceptionaltiming.com\/do-watch-bands-fit-all-watches\/\">watch can not only help them fit<\/a> in with certain groups, but the relative rareness of these watches helps them stand out or have status and respect in their social group.<\/span><\/p>\n<h3 class=\"\"><span style=\"font-weight: 400;\">Great Marketing<\/span><\/h3>\n<p class=\"\"><span style=\"font-weight: 400;\">Watch companies each have a niche and have marketed their brand in certain ways. Their name becomes synonymous with specific traits, and people who want to portray a certain vibe or impression are willing to <a href=\"https:\/\/exceptionaltiming.com\/should-you-ever-spend-more-than-10k-on-a-watch\/\">spend money on a watch<\/a> that helps them achieve that.&nbsp;<\/span><\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">There are dozens of watch brands that have made a name for themselves; some of these <\/span><a href=\"https:\/\/luxe.digital\/lifestyle\/style\/luxury-watch-brands\/\"><span style=\"font-weight: 400;\">watch brands<\/span><\/a><span style=\"font-weight: 400;\"> include:<\/span><\/p>\n<ul class=\"\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/exceptionaltiming.com\/is-it-a-good-idea-to-buy-a-rolex-from-a-pawn-shop\/\"><b>Rolex<\/b><span<\/a> style=&#8221;font-weight: 400;&#8221;> \u2013 Even people who aren\u2019t interested in watches know this name and what they make. <a href=\"https:\/\/exceptionaltiming.com\/9-reasons-why-rolex-watches-are-so-hard-to-find\/\">Rolexes<\/a> are seen as a display of power and prestige. One of their claims to fame is being the first luxury watch company to create a <a href=\"https:\/\/exceptionaltiming.com\/how-to-know-if-a-watch-is-waterproof\/\">waterproof<\/a> model. It is also the favored <a href=\"https:\/\/exceptionaltiming.com\/watch-on-wrist-intro-guide-and-tips\/\">watch<\/a> of James Bond.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Patek Phillipe <\/b>\u2013 Patek Phillipe is a Swiss <a href=\"https:\/\/exceptionaltiming.com\/how-to-know-if-a-samsung-watch-is-an-original\/\">watch<\/a> company that has been around since 1839. They are known for the craftsmanship and handmade detail of each watch which has, in turn, earned them a reputation for reliability and uniqueness. Speaking of uniqueness, the total number of <a href=\"https:\/\/exceptionaltiming.com\/why-some-people-wear-their-watch-facing-inwards\/\">watches<\/a> made by Patek Phillipe since 1839 is a mere one million, making their accessibility more elusive and the demand even higher.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Audemars Piguet <\/b>\u2013 Many luxury watches have to be handled with <a href=\"https:\/\/exceptionaltiming.com\/how-often-do-watch-batteries-need-to-be-replaced\/\">care<\/a>, but Audemars Piguet changed that. Their Royal Oaks model watch was the first luxury watch to be made of stainless steel, which gave them the reputation of having luxury watches that were also <a href=\"https:\/\/exceptionaltiming.com\/do-watches-work-in-space-the-myths-debunked\/\">durable<\/a>. Their popularity among celebrities such as Arnold Schwarzenegger has furthered their fame.&nbsp;<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Watch Enthusiasts<\/span><\/h3>\n<p class=\"\"><span style=\"font-weight: 400;\">While there are people who know that a specific brand of <a href=\"https:\/\/exceptionaltiming.com\/7-ways-to-know-if-an-orient-watch-is-an-original\/\">watch<\/a> will help them portray a certain look or sense of accomplishment, there is a different group of people. These people are watch enthusiasts, also known by some as <\/span><a href=\"http:\/\/www.thehorophile.com\/about\/\"><span style=\"font-weight: 400;\">horophiles<\/span><\/a><span style=\"font-weight: 400;\">.&nbsp;<\/span><\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">Watch enthusiasts are those who have taken the time to study watches in depth\u2014both their <a href=\"https:\/\/exceptionaltiming.com\/can-you-wear-a-blue-watch-with-a-black-suit\/\">appearance<\/a> and everything that goes into making them. They have a level of understanding and appreciation for them that goes far beyond just knowing what certain brands portray. They are concerned with the inner <a href=\"https:\/\/exceptionaltiming.com\/are-nurses-allowed-to-wear-wristwatches\/\">workings<\/a> of watches and the ways that watchmakers have combined centuries-old techniques with newer ideas.<\/span><\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">In short, this is a group of people who is willing to pay extra for a watch because it is already something they have devoted time and <a href=\"https:\/\/exceptionaltiming.com\/5-reasons-why-hublot-watches-are-so-expensive\/\">money<\/a> to, and they understand in detail and appreciate the level of expertise that goes into creating one. Furthermore, because they have studied <a href=\"https:\/\/exceptionaltiming.com\/how-to-choose-a-wrist-watch-100-things-to-consider\/\">watches<\/a> in detail, they know the exact one that will express who they are and their interests as a person.&nbsp;<\/span><\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">For <a href=\"https:\/\/exceptionaltiming.com\/7-reasons-why-richard-mille-watches-are-so-expensive\/\">watch<\/a> enthusiasts, the right watch is a form of self-expression as much as it is about the prestige of owning one, and they are willing to pay extra for that form of self-expression.<\/span><\/p>\n<h2 class=\"\"><span style=\"font-weight: 400;\">It Takes a Lot of Resources to Market Watches and Their Brand<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">For most products on the market, the goal is to produce and sell as much as possible. The quality of the product may not be the greatest, but since it is being sold at a fairly low price, people are willing to use it until it breaks and then go <a href=\"https:\/\/exceptionaltiming.com\/buying-a-watch-online\/\">buy<\/a> another one. Because the materials are not expensive and there is not as much expertise to produce them, companies can afford to produce a lot.&nbsp;<\/span><\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">When it comes to luxury items, including luxury <a href=\"https:\/\/exceptionaltiming.com\/20-places-to-find-cheap-wrist-watches-ultimate-guide\/\">watches<\/a>, the goal is to build up a reputation of quality and exclusivity, but the key thing is you need both. You can create an incredibly well-made product with all the best materials and the best <a href=\"https:\/\/exceptionaltiming.com\/how-do-i-know-if-my-tissot-is-a-fake\/\">watch<\/a>makers, but if you have not built up a reputation, your watch business will not be successful. Therefore, as much effort and resources have to go into making sure a reputation is built, usually including these <\/span><a href=\"https:\/\/mediaboom.com\/news\/how-to-build-a-luxury-brand\/\"><span style=\"font-weight: 400;\">marketing practices<\/span><\/a><span style=\"font-weight: 400;\">:&nbsp;<\/span><\/p>\n<ul class=\"\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Identifying and utilizing the niche market<\/b><span style=\"font-weight: 400;\">. This could be done by reaching out to well-known people, such as celebrities, and asking them to wear a <a href=\"https:\/\/exceptionaltiming.com\/is-my-cassio-watch-fake\/\">watch<\/a>. If they are satisfied and keep wearing it, then others start to notice.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Excellent customer <\/b><a href=\"https:\/\/exceptionaltiming.com\/do-quartz-watches-need-regular-servicing\/\">service<\/a>. Some products can do this by personalizing the product to the customer. While this isn\u2019t possible for <a href=\"https:\/\/exceptionaltiming.com\/how-to-choose-the-best-wrist-watch-size-for-you-9-tips\/\">watches<\/a>, it is important to communicate with the customer and make them feel valued.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Utilizing social media<\/b><span style=\"font-weight: 400;\">. While social media is fairly new when it comes to sales, it is highly effective, and a <a href=\"https:\/\/exceptionaltiming.com\/how-to-tell-if-a-swatch-watch-is-fake\/\">watch<\/a> brand can help build up its reputation by knowing the proper hashtags and partnering with influencers to help its product become more widely known.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Remaining exclusive<\/b><span style=\"font-weight: 400;\">. As people start to get to know the brand and hear good things about it, its demand will rise. However, to be a luxury brand, there should only be enough production to remain exclusive.&nbsp;<\/span><\/li>\n<\/ul>\n<p class=\"\"><span style=\"font-weight: 400;\">In short, it takes a lot of time, attention to detail, and knowing which resources to utilize and when to utilize them to build up a reputation as a luxury that people want more of, which can be expensive.&nbsp;<\/span><\/p>\n<h2 class=\"\"><span style=\"font-weight: 400;\">Watch Companies and Retailers Add Markups<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Companies have to make more than they spend to produce a product, and as such, they will sell products for quite a bit more than it took to make it. This is true whether the product is a stuffed animal, a piece of furniture, or a <a href=\"https:\/\/exceptionaltiming.com\/how-do-i-know-if-my-seiko-watch-is-a-fake\/\">watch<\/a>. The <a href=\"https:\/\/exceptionaltiming.com\/7-reasons-apple-watches-are-so-expensive\/\">price<\/a> of designing, creating, and putting a watch out onto the market is, as previously mentioned, all very costly, and when you add a markup to that, it can get extremely expensive.<\/span><\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">Keep in mind that to keep their business and be able to pay everyone\u2014from the designers of the smallest detail, all the way down to the distributors\u2014it requires money. Nobody wants to keep a business running if they are not making a profit by a certain point, so a <a href=\"https:\/\/exceptionaltiming.com\/top-100-things-you-need-to-know-about-wrist-watches-complete-guide\/\">watch<\/a> company needs to charge enough for their products to make it worthwhile for everyone involved.&nbsp;<\/span><\/p>\n<h2 class=\"\"><span style=\"font-weight: 400;\">Is it Possible to Buy Expensive Watches at a Discount?<\/span><\/h2>\n<p><b>Affordability is different for every person, and watches\u2014especially luxury watches\u2014will always be <a href=\"https:\/\/exceptionaltiming.com\/8-reasons-why-seiko-watches-are-so-expensive\/\">expensive.<\/a> However, there are a couple of ways that you may be able to get a great deal on a luxury watch. (Be warned that it will take research and a lot of patience.)<\/b><\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">Shah Lusso has a great <\/span><a href=\"https:\/\/www.youtube.com\/watch?v=ZzwWMzR3R1I\"><span style=\"font-weight: 400;\">set of tips<\/span><\/a><span style=\"font-weight: 400;\"> for how to negotiate with authorized dealers to get good deals on both new and pre-owned watches. They include:<\/span><\/p>\n<ol class=\"\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Know your price.<\/b><span style=\"font-weight: 400;\"> This means more than simply knowing the amount you are willing to spend. It also means understanding what a reasonable price for the specific model is, and not trying to lowball the dealer.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Know the right time to negotiate.<\/b><span style=\"font-weight: 400;\"> There are certain times of the year, such as the holiday season, when you will not be able to negotiate very much, as there is a high demand for <a href=\"https:\/\/exceptionaltiming.com\/9-reasons-why-patek-philippe-watches-are-so-expensive\/\">watches<\/a>. It is also advisable to go at the end of the month and the end of the day when the <a href=\"https:\/\/exceptionaltiming.com\/authorized-watch-dealer\/\">dealer<\/a> has quotas to meet or is ready to go home and will be more flexible.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Don\u2019t start the negotiation process if you are not ready to <a href=\"https:\/\/exceptionaltiming.com\/how-much-do-watch-salesmen-and-dealers-make\/\">purchase<\/a> the watch.<\/b><span style=\"font-weight: 400;\"> Watch dealers value their time. If they have spent time going back and forth with you and trying to reach a price you are both happy with, only for you to back out, they will not be willing to work with you again or give you the same price later on.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Be prepared to leave.<\/b><span style=\"font-weight: 400;\"> If you have done proper research, you will be familiar with the model watch you want, its retail value, and what <a href=\"https:\/\/exceptionaltiming.com\/are-watches-cheaper-in-singapore\/\">price<\/a> you should be able to reasonably negotiate it down to. If the dealer absolutely refuses to work with you, it\u2019s time to move on to the next <a href=\"https:\/\/exceptionaltiming.com\/store-unused-watches\/\">store<\/a> or come back later and try again at a different time.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Make it a choice.<\/b><span style=\"font-weight: 400;\"> Don\u2019t be set on one <a href=\"https:\/\/exceptionaltiming.com\/the-50-best-wrist-watches-ultimate-guide\/\">watch<\/a>. Have two options that you can negotiate and go back and forth with the dealer on. One might be more <a href=\"https:\/\/exceptionaltiming.com\/best-place-to-buy-a-watch\/\">expensive<\/a> than the other, so they will likely try to steer you in that direction, but if they know that you also like the less expensive watch, then they may be more willing to bring the price down to a more comparable price.&nbsp;<\/span><\/li>\n<\/ol>\n<h3><span style=\"font-weight: 400;\">Buying Watches on the Gray Market<\/span><\/h3>\n<p class=\"\"><span style=\"font-weight: 400;\">The <a href=\"https:\/\/exceptionaltiming.com\/8-reasons-why-galaxy-watches-are-so-expensive\/\">watch<\/a> industry was initially designed to have a more streamlined approach to production. The watchmaker would create the watch, and then they were then distributed to authorized <a href=\"https:\/\/exceptionaltiming.com\/is-it-better-to-have-more-jewels-in-a-watch\/\">jewelers<\/a> and dealers. However, many times, the agreement the watchmaker would have with these authorized dealers would require them to accept bulk amounts of <a href=\"https:\/\/exceptionaltiming.com\/21-reasons-why-audemars-piguet-watches-are-so-expensive\/\">watches<\/a>, including some that didn\u2019t tend to sell as well, leaving the dealers with inventory they couldn\u2019t get rid of.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since they cannot restock with newer or better selling models unless they sell off what they have, they sell these watches at reduced prices to <\/span><a href=\"https:\/\/www.redpoints.com\/blog\/gray-market-watches\/\"><span style=\"font-weight: 400;\">gray market dealers<\/span><\/a><span style=\"font-weight: 400;\">. These gray market deals can then sell them to customers at a much lower <a href=\"https:\/\/exceptionaltiming.com\/are-watches-cheaper-duty-free\/\">price<\/a> than an authorized dealer would. One website that you can research and where you can access different gray market dealers is <\/span><a href=\"https:\/\/www.chrono24.com\/\"><span style=\"font-weight: 400;\">chrono24<\/span><\/a><span style=\"font-weight: 400;\">.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While you will likely be able to find a <a href=\"https:\/\/exceptionaltiming.com\/8-ways-to-know-if-a-watch-will-increase-in-value\/\">watch at a much lower price this way<\/a>, it is important to do your research and be aware of potential downsides, such as:<\/span><\/p>\n<ul class=\"\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>The deals you can get are very much dependent on the brand.<\/b><span style=\"font-weight: 400;\"> Certain <\/span><a href=\"https:\/\/www.chrono24.com\/magazine\/what-is-the-gray-market-and-how-does-it-work-p_58606\/\"><span style=\"font-weight: 400;\">brands<\/span><\/a><span style=\"font-weight: 400;\">, such as Rolex, you may not be able to get at a cheaper price due to the high demand.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Many of these <a href=\"https:\/\/exceptionaltiming.com\/12-reasons-why-samsung-watches-are-so-expensive\/\">watches<\/a> are older models.<\/b><span style=\"font-weight: 400;\"> This means that there has been more time and opportunity for things to go awry and break during transit and general moving around.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>You do not get the guarantee that you would from an authorized dealer.<\/b><span style=\"font-weight: 400;\"> Most dealers offer a five-year warranty complete with a certificate that includes coverage for any potential <a href=\"https:\/\/exceptionaltiming.com\/guide-to-watch-maintenance\/\">damage<\/a> which may happen during that time.&nbsp;<\/span><\/li>\n<\/ul>\n<h2 class=\"\"><span style=\"font-weight: 400;\">Final Thoughts<\/span><\/h2>\n<p class=\"\"><span style=\"font-weight: 400;\"><a href=\"https:\/\/exceptionaltiming.com\/8-reasons-why-omega-watches-are-so-expensive\/\">Watches<\/a> can be very expensive. One reason for this is the quality of materials that can go into each part of the watch, from the dials and the <a href=\"https:\/\/exceptionaltiming.com\/9-reasons-why-you-should-buy-an-automatic-watch\/\">mechanisms<\/a> down to the wristband. Some other reasons include the research that goes into making a quality watch, the willingness to try new things and be ahead of the game, the expertise required on various levels, and the training that goes into making a good watch.<\/span><\/p>\n<p class=\"\"><span style=\"font-weight: 400;\">In addition, there are other factors that make watches more expensive, including the exclusivity of the watch, as there are only a limited number of watches available, and the time and effort it takes to market and build up a luxury brand. Ultimately, those customers who are willing to spend the money for a watch understand many or all of these aspects that comprise the bulk of the <a href=\"https:\/\/exceptionaltiming.com\/is-financing-a-watch-a-good-idea\/\">cost<\/a> and are willing to spend the money.&nbsp;<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Now you can listen to this article! &nbsp; Many people no longer use analog watches; with the invention of cell phones, all you need to do to tell the time is pull your phone out of your pocket or purse. However, for some people, these classic, mobile clocks are an important part of their wardrobe [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2309,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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Highfield","author_link":"https:\/\/exceptionaltiming.com\/author\/exceptionaltiming_fzy3cb\/"},"uagb_comment_info":0,"uagb_excerpt":"Now you can listen to this article! &nbsp; Many people no longer use analog watches; with the invention of cell phones, all you need to do to tell the time is pull your phone out of your pocket or purse. However, for some people, these classic, mobile clocks are an important part of their wardrobe&hellip;","_links":{"self":[{"href":"https:\/\/exceptionaltiming.com\/wp-json\/wp\/v2\/posts\/2308"}],"collection":[{"href":"https:\/\/exceptionaltiming.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exceptionaltiming.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exceptionaltiming.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exceptionaltiming.com\/wp-json\/wp\/v2\/comments?post=2308"}],"version-history":[{"count":78,"href":"https:\/\/exceptionaltiming.com\/wp-json\/wp\/v2\/posts\/2308\/revisions"}],"predecessor-version":[{"id":7549,"href":"https:\/\/exceptionaltiming.com\/wp-json\/wp\/v2\/posts\/2308\/revisions\/7549"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/exceptionaltiming.com\/wp-json\/wp\/v2\/media\/2309"}],"wp:attachment":[{"href":"https:\/\/exceptionaltiming.com\/wp-json\/wp\/v2\/media?parent=2308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exceptionaltiming.com\/wp-json\/wp\/v2\/categories?post=2308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exceptionaltiming.com\/wp-json\/wp\/v2\/tags?post=2308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}