Likes Likes:  10
Page 1 of 2 12 LastLast
Results 1 to 10 of 17

Thread: selling at a fake discount?

  1. #1
    rolex pic as answer guy mikeylacroix's Avatar
    Join Date
    Nov 2014
    Location
    KL, Malaysia
    Posts
    1,291

    selling at a fake discount?

    http://www.businessinsider.com/r-mic...s-2015-6?IR=T&

    sounds like the watch industry to me

  2. Likes Henry Krinkle liked this post
  3. #2
    Super Member Raza's Avatar
    Join Date
    Nov 2014
    Location
    Philadelphia
    Posts
    23,865
    Blog Entries
    5
    This practice seems more and more common now with all these "deal-a-day" websites. I remember looking at a messenger bag that was something like $699 MSRP on sale for $100. While my initial reaction was "Wow, what a great deal, I better snap it up"--which is, of course, the reaction these temporary deal sites want you to have, I did a little research on the bag. The company that made it had a very minimal presence online and a smaller one in stores. Made in China, likely some division of a much larger company. And the $699 MSRP was one I only found on other temp deal sites...the manufacturer didn't have the model on its website anymore, even though to this day (and this was over a year ago I was looking, almost two now, probably), you can likely still find that incredible deep discount for something that appears to be an amazing deal and out of production.

    I don't mind paying for things, I hate feeling like I've been duped.

  4. Likes FuzzyB, 93EXCivic, rfortson, Nokie liked this post
  5. #3
    El bot. geoffbot's Avatar
    Join Date
    Oct 2014
    Location
    West Sussex, UK
    Posts
    25,933
    This pleases me no end! The watch industry is the only one I can think of involved in the deep discount scam. The only other really is DFS's perpetual half price sofa safe, which everyone knows is rubbish. I hope this sets a president for invicta et al.
    Follow IWL on instagram! https://instagram.com/iwatchleague

  6. #4
    Quote Originally Posted by geoffbot View Post
    This pleases me no end! The watch industry is the only one I can think of involved in the deep discount scam. The only other really is DFS's perpetual half price sofa safe, which everyone knows is rubbish. I hope this sets a president for invicta et al.
    Don't forget Oral B electric toothbrushes.
    Every other week they seem to be "discounted"

  7. #5
    Hall Monitor Samanator's Avatar
    Join Date
    Oct 2014
    Location
    Sebring, Florida
    Posts
    9,897
    Quote Originally Posted by geoffbot View Post
    This pleases me no end! The watch industry is the only one I can think of involved in the deep discount scam. The only other really is DFS's perpetual half price sofa safe, which everyone knows is rubbish. I hope this sets a president for invicta et al.
    Look at the clothing industry if you want to see serious mark-up and discounting.
    Cheers,

    Michael

    Tell everyone you saw it on IWL!

  8. #6
    El bot. geoffbot's Avatar
    Join Date
    Oct 2014
    Location
    West Sussex, UK
    Posts
    25,933
    Quote Originally Posted by Samanator View Post
    Look at the clothing industry if you want to see serious mark-up and discounting.
    I don't see it that much.
    Follow IWL on instagram! https://instagram.com/iwatchleague

  9. #7
    Working in retail for years taught me that their is no such thing as a discount, there's just the price.

    If you have something on the shelf for a whole year at £20, and sell 1 of them, and then put it down to £15 with a big "FIVE POUNDS OFF!!!" sign, you'll sell the other 11 within a fortnight... you've received £15.42 per bottle.

    The discount effectively has become a way of manipulating which product the customers will buy. The guy who bought it at £20 has basically been charged £5 for exercising choice, rather being a happy little sheep.

  10. #8
    The Dude Abides Nokie's Avatar
    Join Date
    Nov 2014
    Location
    Northern CA
    Posts
    3,518
    Mark it wayyyy up then put it on sale so you (appear) to get a deal..........

    No thanks. Been there, done that.

    Buying BNIB, LNIB, or used from a private owner almost always works better for me now.
    "Either He's Dead, Or My Watch Has Stopped....."
    Groucho Marx

  11. Likes happyscrappyheropup liked this post
  12. #9
    Quote Originally Posted by geoffbot View Post
    I don't see it that much.
    We've......ahhh....noticed that you don't seem to shop for clothes very often.

  13. Likes geoffbot, boatme99 liked this post
  14. #10
    You mean my watch isnt worth $10,000 even though I paid $499 ??????

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
About Us
We are an independent and wide-ranging forum for watch enthusiasts. From mainspring to microchip, from Europe to Asia, from micro-brand to boutique - we cover it all. Novice or expert, we want you to feel at home. Whether it's asking a simple question or contributing to the fund of horological knowledge, it's all the same hobby. Or, if you like, you can just show us a picture of your new watch. We'll provide the welcoming and courteous environment, the rest is up to you!
Join us