gatorcpa
··ΩF InvestiGatorHow can Omega survive if many people think like this?
Let me put this in some perspective. Back in 2015, I was trying to decide between two cars that were pretty much similar in size, MSRP price, and options. One was a BMW and the other was an Audi. When I spoke to the finance people about leasing, with all other factors being equal, the Audi leased for about $200/month more. I asked the salesman why was the Audi more expensive to lease than the BMW, and they said "Because it's an Audi". This told me that Audi's US marketing team was delusional at that time. Three years later, when I went back for the next lease, Audi had gotten the message and their leases were $200/month less than the BMW for essentially the same vehicles.
I'm looking at this watch and comparing it to a similarly spec'ed Rolex and when the Omega is 40% more expensive than the Rolex, it tells me that the Omega marketing people have overestimated what value their product has in the marketplace. My prediction is that this product is going to be a huge flop, not due to looks and features, but it is simply overpriced for what it is.
I hope Omega can survive this too.
gatorcpa