October 5th 2020 - Snoopy Celebration

H hb8745

Maybe both are correct? LP on the steel and LE on the precious metal version

YY77

Everything stated here is speculation or hearsay, so no. Only when I hear it from Omega HQ I'm a believer.

YY77

Everything stated here is speculation or hearsay, so no. Only when I hear it from Omega HQ I'm a believer.

GuiltunderGlass

This has not been my experience when inquiring about this specific watch. Granted I do not have a buying history with this boutique, but was told basically its not gonna happen, albeit in a very polite and roundabout way, lol. The Steel 321 on the other hand, I could get on a list w/o deposit needed.

Martin_J_N

Its all confirmed, Omega have the watches all stacked up in boxes ready to ship to dealers as quickly as they can, they know what the watch looks like, how many are being made and what materials are being used, they know whether it is a limited edition or not, if it is limited they know how many, they know the price of the watch in all countries, in fact Omega know everything about this watch. 😁

The only problem is that those annoying Swiss beggars in the Omega PR and Marketing departments are not telling anyone what is happening, and that is bloody frustrating.

However, I do think that the watches are going to be available very very quickly once the announcement is made, my reasoning is based on what Rolex has done with the new Submariners, they had watches into buyers hands incredibly quickly following the announcement on 1st September, and not just VIPS. My belief is that like Rolex, Omega has used the lockdown productively and has a good supply of watches all packaged up and ready to go.

I fully expect OF Members to be posting 'Incoming' images within 7 days of the launch, I don't expect the watch to take ages to arrive at dealers so if you are at the top or close to the top of the list at your dealers make sure the funds are available as you may well be getting the call very soon after the announcement.

Is any of this accurate, I have no idea, I am just looking at what Rolex did and hoping that Omega have been as proactive over the same period. We will find out in less than two weeks time.

😀

H hb8745

Hopefully that's the case but I think you're giving them a bit too much credit here. Omega likely put out a feeler with the deposit taking in the US market to help them with final pricing guidance and production decisions. Wouldn't be surprised if settled on the final numbers this past week.

I don't think there are a ton of watches that will be available very very quickly. Unless you're a vip, I'd think Dec or 1Q21 is likely going to be earliest you'd be taking delivery.

I could be wrong about this, but don't you need the remaining funds to be available on Oct 5th anyways? If you made a deposit you get billed out the remaining on Oct 5, not delivery date correct?

H hb8745

Hopefully that's the case but I think you're giving them a bit too much credit here. Omega likely put out a feeler with the deposit taking in the US market to help them with final pricing guidance and production decisions. Wouldn't be surprised if settled on the final numbers this past week.

I don't think there are a ton of watches that will be available very very quickly. Unless you're a vip, I'd think Dec or 1Q21 is likely going to be earliest you'd be taking delivery.

I could be wrong about this, but don't you need the remaining funds to be available on Oct 5th anyways? If you made a deposit you get billed out the remaining on Oct 5, not delivery date correct?

H hb8745

I mean anything's possible until the official announcement, but many people have been told it's going to be limited production. Its a cop out imo and they are just using it as free optionality to keep pumping them out as long as the demand/hype is there. Can't decide on the exact number to balance out the s/d, so they make it open ended. Don't want to leave money on the table but also don't want to commit to a large undersubscribed LE.

Evitzee

^^^^ Dreams die hard.

I disagree on the volume, though. If it is a limited production release they will produce as many as they need to to satisfy inherent demand and to avoid a ridiculous amount of flipping, and the market will never know how many are out there. So the final total number is unknown, even for Omega.

phooi

Modern companies like Omega will know how many watches are manufactured, distributed through their channels and sold via activated warranty cards.

H hb8745

What's the advantage of that compared with just reporting at time/point of sale?

H hb8745

What's the advantage of that compared with just reporting at time/point of sale?

texasmade

Not all POS are the same. A sale to an AD vs a sale to a final customer through an Omega boutique wouldn’t get you the same data. Warranty activation basically means end sale to a customer so that’s a better gauge of demand of a product vs a POS to an AD. Once a product is sold to an AD, Omega may not have access to final through sale to customer.

phooi

Demand is a function of their sell through and channel. You can sell a lot into the channel (AD/OB). But if the watches sit there (ie., poor sell through), that tells the company this product is not successful and should manufacture less units. On the other hand, you can have long waiting lists at the channels which tells the company that the product is successful and should increase manufacturing.