Waitlists can be permanently maintained if the manufacturer has the proper product and manages it properly. The Hermes Birken bag has been in production for years yet a woman can't just walk into a Hermes boutique and buy one. There is a perpetual wait list. Omega could do the same with the 321 for years to come. Create a halo product and manage its availability to the public. For now that is what Omega is doing.
We will see. The Birkin has literally decades of demand behind it, while the 321 Speedmaster (and why it's important) is new and mostly unknown outside of watch-enthusiast circles. To us on an Omega forum, of course we know well what it is, but your uncle from the middle of the country still only knows Rolex.
I doubt the manufacturing is being held back to create artificial scarcity
Much has already been discussed about the fact that Omega is having a single watchmaker produce every step of each 321 movement, and how it's essentially just a ploy to limit production and make the watch 'more special'. This results in an estimated annual production of 2000 movements or less (from a bit of Googling).
As for your uncle and the Birkins, well it'd be his wife who would be interested there. But even compared to the 321, the Birkin is hugely restricted. How many do Hermes make a year? Less than 100 would be my wild guess.
Well if we're here posting Buzz videos we can't forget this gem...
Never miss an opportunity to watch this lol
The goods deliver 0:45 in.
I doubt that's is it. There may be nothing at all, just some hype for the moon landing and the moonwatch, but it can't be about an auction 🤔
Some interesting, and some very quirky, stuff in the auction, estimated prices are well below what the final prices will be. Don't think there is any connection between the Omega ad and the Sotheby's auction other than the date. I'm surprised none of this three kids wanted some of this stuff, but maybe they figured dad should sell what he wanted. Maybe the 'good' stuff was already handed to the kids.
I'm surprised none of this three kids wanted some of this stuff, but maybe they figured dad should sell what he wanted. Maybe the 'good' stuff was already handed to the kids.
Hermes makes a crap load of Birkins. It's estimated that Hermes makes over 50k Birkins a year.
Just got an email regarding this; In the pic Buzz is wearing a 321 Ed White, link takes me to the 3861 Speedy.
Nothing to see here, I guess.
Much has already been discussed about the fact that Omega is having a single watchmaker produce every step of each 321 movement, and how it's essentially just a ploy to limit production and make the watch 'more special'. This results in an estimated annual production of 2000 movements or less (from a bit of Googling).
As for your uncle and the Birkins, well it'd be his wife who would be interested there. But even compared to the 321, the Birkin is hugely restricted. How many do Hermes make a year? Less than 100 would be my wild guess.
People come up with some wild ideas. Marketing is an advanced strategy. I’m willing to bet the ed white editions simply aren’t profitable. It’s known that the 321 was scrapped because it was more expensive and difficult to produce. There’s no intentional limitation on production. There’s just no reason to increase it. You maximize the items with high profit margins instead of affecting productions like a difficult to manufacture movement that take considerable amounts of time for a relatively tiny population
People come up with some wild ideas. Marketing is an advanced strategy. I’m willing to bet the ed white editions simply aren’t profitable. It’s known that the 321 was scrapped because it was more expensive and difficult to produce. There’s no intentional limitation on production. There’s just no reason to increase it. You maximize the items with high profit margins instead of affecting productions like a difficult to manufacture movement that take considerable amounts of time for a relatively tiny population
I’ll take that bet. They can sell a FOIS at £4k and make money, but they charge more like £12k for the 321 NEW 321 and it is a loss leader? I hardly think so. While the parts are not the same, there is nothing so extraordinary in the newer watch that suggests it is not profitable when priced at 3x that of the FOIS. A column wheel probably does cost pennies more to make than a cam system but plenty of cheap as chips movements have utilised them before. The marketing fluff is just to justify the price.
I am selling some magic beans You may be interested in.
Lets say employees that make FOIS make 2000€/month
You need 50 of them to make 20000 watch/yr
On the other hand 50 people that make 321 make 3500€/month
They make 1000 321/yr
you will understand why the 321 cost more
