Omega not doing LE's anymore ...

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It's really too bad, seems like Omega is making a decisive turn towards the No-Fun Zone. Sure, it had gotten to the point where we had 2 or 3 LE Speedmasters in a year, plus another 2 or 3 LE Seamasters. But in the end, they were always fairly fun.
Well it's not like Omega is going to stop making those types of watches. They just won't be a 2000 LE run. It'll be an unknown limited production. If they sell well, Omega will make more. If they don't sell, you won't see them sitting in the display case for years like the Apollo 17 40th anniversary Speedmaster.
 
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Well it's not like Omega is going to stop making those types of watches. They just won't be a 2000 LE run. It'll be an unknown limited production. If they sell well, Omega will make more. If they don't sell, you won't see them sitting in the display case for years like the Apollo 17 40th anniversary Speedmaster.
That's Seinfeld's definition of a limited edition: It's limited, it's limited to the number they can sell.
 
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That's Seinfeld's definition of a limited edition: It's limited, it's limited to the number they can sell.
Haha. I never really watched that show but I know the exact scene you're talking about.
 
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It’s called cannibalization and sku proliferation. You spend on all these limited line extensions, they are not very profitable, really don’t generate buzz and your core business doesn’t grow. Better to focus on core business and scalable innovation that people are willing to pay a premium for.
 
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Well all past LEs just went up a few $$s

When you get people not buying a standard Speedmaster but want a Snoopy 3 you could see this coming.

( I can see a Speedy Tuesday type sale still going ahead as these were a bit different than traditional LEs that were sold online in a heartbeat without Boutiques input or lists )
 
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Chubby knock-knee’d Astronaut wannabes?! And here I thought …

Thought the exact thing when I saw the picture 😁
 
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We'll never know how many Snoopy's were made, but it is a hell of a lot more than ST1 & 2, the two CK2998's, the 60th Anniversary or almost any other LE version ever made by Omega. And that is just the way Omega wants to play it, artificial scarcity when it may wind up to be not that scarce except in the minds of those that bought one.

seems to have worked for Rolex.
 
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Omega is making all future LE watches as NFT's and can only be worn in the meta verse. Cost of production = zero.
 
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Omega is making all future LE watches as NFT's and can only be worn in the meta verse. Cost of production = zero.

I guess ‘servicing’ will also be a forced NFT purchase…
Edited:
 
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I don't know if LEs are particularly profitable, but I've always assumed that they were a good opportunity to promote the brand and bring publicity to the Speedmaster line.

I’ve talked now to two boutique managers who had a rather contrary view of the LE sausage-making as it relates to brand image, etc.

Admitting that the decision is multi-factorial, they were mostly focused on the sell-side and client relationship problems caused by LEs. Specifically, if say 2000 watches were made and numbered some VIPs wanted specific numbers, other VIPs would refuse specific numbers, and by the end of it all boutiques the world over are having political infighting over how to allocate. (E.g., Chinese boutiques not wanting any watch including the unlucky number “4” while at the same time wanting every watch with the very lucky number “8”; but meanwhile Billy Roy big-shot in Texas wants his 1958 birth year watch, etc.)

At least from their perspective (whatever is in the minds of HQ), the benefit as the sales persons is simply avoiding the myriad of issues raised by numbering editions.
 
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I’ve talked now to two boutique managers who had a rather contrary view of the LE sausage-making as it relates to brand image, etc.

Admitting that the decision is multi-factorial, they were mostly focused on the sell-side and client relationship problems caused by LEs. Specifically, if say 2000 watches were made and numbered some VIPs wanted specific numbers, other VIPs would refuse specific numbers, and by the end of it all boutiques the world over are having political infighting over how to allocate. (E.g., Chinese boutiques not wanting any watch including the unlucky number “4” while at the same time wanting every watch with the very lucky number “8”; but meanwhile Billy Roy big-shot in Texas wants his 1958 birth year watch, etc.)

At least from their perspective (whatever is in the minds of HQ), the benefit as the sales persons is simply avoiding the myriad of issues raised by numbering editions.
There is an easy solution to the superstitious 'lucky' or 'unlucky' number issue, just put 'One of 2,000' on the case. That leaves the LE mode in place and eliminates the disruptive "I want a special number" routine which is common in some countries.

I think the more plausible reason is Omega wants to be in control of how many watches they make to maximize their profit. They don't want to make a set number and the flippers making more profit than Omega. It makes sense for Omega to make 'Limited Production' watches rather than 'Limited Edition' watches in an announced edition size.
 
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They don't want to make a set number and the flippers making more profit than Omega.

Only point of departure between us is that one: I think Omega, like Rolex, AP, PP, etc., exactly want flippers to be making more - because that is also when the companies makes more.

When secondary market conditions command a premium over MSRP, that is for manufactures nearly priceless due to:

-> certainty of sale (and lack of stranded product), which to a manufacturer and distributor can mean the difference between sink and swim

-> sales can command full MSRP, thereby not undermining both expected returns (eg necessitating rebates or incentives to dealers), AND setting the necessary foundation (MSRP pricing) to any online D2C sales (which Omega is attempting to move toward)

-> both the above conditions being met, then further permits of steady and regular increases to MSRP over time

Conversely, units trading below MSRP have the opposite effect on each of the factors above, meaning there is a large swing in outcomes resulting from whether a model is trading above or below MSRP.

All told, rather than making moves to prohibit flippers making significant profit, Omega I’m certain is HOPING and doing their best to ensure their units are flipping at a maximum premium on the secondary market.

How do “limited production” runs help that goal? Seems Rolex, AP, PP, and other of the lucky few - none of whom do numbered editions to speak of - proven that “exclusivity” can be best achieved not by perfect information (like that of numbered editions) but instead a lack of information.

But I’m on the whisky tonight, so nevermind me 😁