Recent Omega Negativity

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Hey everyone.
Is it just me or does it seem like everyone wants to take a dump on Omega these days? Two weeks ago, two watch YouTubers put out Omega downer videos pretty much within a day of each other. Then Morgan Stanley puts out it's annual report on the watch industry showing Omega dropping from 2nd to 5th on the sales charts, which spurred another round of negative videos. Most common criticism is the recent price hikes and a catalogue that's too bloated. Personally I don't think that too much choice is a bad thing, but Omega is definitely not as good value as it was 5-6 years ago. I suppose you could say the same for a certain brand with the crown but no one on YouTube seems to mind. So, is all the Omega doom and gloom really justified? Has Omega really lost its way? A penny for your thoughts (and some material for your perusal)...
https://www.hodinkee.com/articles/s...nagement-saying-longines-is-profitable-and-ti
 
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I never watch this stuff, and I don't expect to start. Is it a YouTuber thing to put your finger on your mouth?

I can hardly imagine anything more embarrassing than being called an influencer, a YouTuber, or a Podcaster. Do people still feel it's acceptable to describe that as a career path?

Only "watch dealer" would be lower. ::stirthepot::
 
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Drama is the coin of the influencer and the newspaperman (or woman) alike; and nothing drives clicks and glances quite like it.

The complaints around price hikes that I'm seeing (primarily on reddit) Notably aren't criticizing build quality, finishing, or product. It's maybe related to material choice, but most of it amounts to "it's too expensive and I feel priced out." When I do see criticism it's typically "they're trying to price like Rolex and Rolex is better quality," but that's hardly a new statement. And other than the standard "I like the bezel action better" or "I like my Rolex better" there's no real substance to the statements and both of these statements are pretty common from anyone who prefers Rolex.

And meanwhile the newest Speedmaster is praised, and people laud their 42mm ceramic seamasters as incredible.

The human appetite for unrealized future disaster is quite incredible.
Edited:
 
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I never watch this stuff, and I don't expect to start. Is it a YouTuber thing to put your finger on your mouth?

I can hardly imagine anything more embarrassing than being called an influencer, a YouTuber, or a Podcaster. Do people still feel it's acceptable to describe that as a career path?

Only "watch dealer" would be lower. ::stirthepot::
Shame and embarrassment go by the wayside when clicks count Dan 😉.
 
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I never watch this stuff, and I don't expect to start. Is it a YouTuber thing to put your finger on your mouth?

I can hardly imagine anything more embarrassing than being called an influencer, a YouTuber, or a Podcaster. Do people still feel it's acceptable to describe that as a career path?

Only "watch dealer" would be lower. ::stirthepot::
Whatever pleases the almighty algorithm
 
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Drama is the coin of the influencer and the newspaperman (or woman) alike; and nothing drives clicks and glances quite like it.

The complaints around price hikes that I'm seeing (primarily on reddit) Notably aren't criticizing build quality, finishing, or product. It's maybe related to material choice, but most of it amounts to "it's too expensive and I feel priced out." When I do see criticism it's typically "they're trying to price like Rolex and Rolex is better quality," but that's hardly a new statement. And other than the standard "I like the bezel action better" or "I like my Rolex better" there's no real substance to the statements and both of these statements are pretty common from anyone who prefers Rolex.

And meanwhile the newest Speedmaster is praised, and people laud their 42mm ceramic seamasters as incredible.

The human appetite for unrealized future disaster is quite incredible.
I think you make a fair point, which I've underlined. I wonder if it's contributed to Omega falling down the sales ladder. People who once saw Omega as being good value are now deserting the brand. Rolex seem to be able to get away with regular price increases, Omega not so much even though they arguably make just as good watches.
 
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All these youtubers are just talking about Omega as they know it will generate clicks, yes the catalogue is bloated, yes the price hikes (omega is not alone obviously) have been bad but high tides raise all boats. However they have recently come out with some good watches, I think the whole speedmaster pro line is great, they have some good AQ colours and the seamaster line is good but could do with a bit of triming, what would do them a services is just a discontinuation of some models to really focus the catalogue.
 
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It’s a weird logic, but I think that for a lot of people, there’s no judging Omega irrespective of Rolex—meaning their negative assessment of the former only makes sense in relation to their assessment of the latter, even if they don’t explain that, or even fully comprehend it themselves.

I’d imagine it goes something like this: Rolex is overpriced and overhyped, and people resent all the waitlisting and game-playing that brand does, but at least their watches walk the walk on the resale market, holding value and liquidating easily. Omega is the brand that’s supposed to be comparable in quality but more approachable and sensibly priced—and since they pretty much suck on the secondary market, one can even get a discount from the AD. It’s a refuge from Rolex without having to make too many compromises.

Once you start seeing Omega, then, hiking their prices to the point where it just starts to make more sense to wait for a Rolex—and once they too start making customers wait forever for desirable new releases—that distinction goes away and not to Omega’s advantage.

I could be wrong, but I’m guessing that’s the reasoning behind much of the negativity. (To be clear, I’m not endorsing this. I do think Omega’s pricing is ludicrous now, but I’m quite happy to let other people take that hit and then buy their heavily discounted remorse-purchases on the resale market.)
 
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Seems to me more of the same, but the vibe is sticking more because watch sales overall have slowed and the Omega prices are up there with their competitors. [EDIT:Annapolis said this better]. Second hand sales prices are mostly quite a bit cheaper on new references.

What surprises me is that the concern about the Rolex 32XX amplitude issues has disappeared but there doesn't appear to be a resolution. The entire lineup had a time bomb that imploded after a couple years but suddenly it's as if there's no more problem. They might be saying, 'Yeah, new Rolex watches will quit keeping time in 2 years but look how expensive Omegas are now."

I'm not taking a piss on Rolex. I genuinely am curious about whether it's still an issue with their 32XX movements or not.
Edited:
 
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It’s a weird logic, but I think that for a lot of people, there’s no judging Omega irrespective of Rolex—meaning their negative assessment of the former only makes sense in relation to their assessment of the latter, even if they don’t explain that, or even fully comprehend it themselves.

I’d imagine it goes something like this: Rolex is overpriced and overhyped, and people resent all the waitlisting and game-playing that brand does, but at least their watches walk the walk on the resale market, holding value and liquidating easily. Omega is the brand that’s supposed to be comparable in quality but more approachable and sensibly priced—and since they pretty much suck on the secondary market, one can even get a discount from the AD. It’s a refuge from Rolex without having to make too many compromises.

Once you start seeing Omega, then, hiking their prices to the point where it just starts to make more sense to wait for a Rolex—and once they too start making customers wait forever for desirable new releases—that distinction goes away and not to Omega’s advantage.

I could be wrong, but I’m guessing that’s the reasoning behind much of the negativity. (To be clear, I’m not endorsing this. I do think Omega’s pricing is ludicrous now, but I’m quite happy to let other people take that hit and then buy their heavily discounted remorse-purchases on the resale market.)
I also think theres something to say RE them copying rolex designs, the new gold white subdial speedy is a clearly trying to follow in the footsteps of the le mans
 
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I never watch this stuff, and I don't expect to start. Is it a YouTuber thing to put your finger on your mouth?

I can hardly imagine anything more embarrassing than being called an influencer, a YouTuber, or a Podcaster. Do people still feel it's acceptable to describe that as a career path?

Only "watch dealer" would be lower. ::stirthepot::

Definitely strict but fair 😀
 
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Does Cartier get compared to Rolex in the same way that Omega does?

Or does the jewelry brand more than watch brand just dismiss all that.
 
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Does Cartier get compared to Rolex in the same way that Omega does?

Or does the jewelry brand more than watch brand just dismiss all that.
Interesting. It doesn't. Cartier is Cartier. They occupy their own space. They sell a lot of quartz in the luxury market, which is unusual. Grand Seiko does too, but they also have their own unique space and aren't compared to Cartier. (Does GS ever het compared to Rolex? Probably not, but they would if they threatened Rolex market share.)

If anything, Longines has their rectangular references that could be considered a more affordable Cartier, although it isn't compared to Cartier.
 
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Does Cartier get compared to Rolex in the same way that Omega does?

Or does the jewelry brand more than watch brand just dismiss all that.
In contrast to Omega, Cartier seems to be getting a lot more praise from YouTubers. This one claims that the uptick in popularity of Cartier can be attributed to Gen Z, who see Cartier as being more classy and understated compared to Rolex. Paraphrasing the video, the sports Rolex is a corporate uniform for those who want to flex in the boardroom, whilst the Cartier slips under a shirt cuff and gives off "old money" stealth wealth vibes.
 
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Seems to me more of the same, but the vibe is sticking more because watch sales overall have slowed and the Omega prices are up there with their competitors. [EDIT:Annapolis said this better]. Second hand sales prices are mostly quite a bit cheaper on new references.

What surprises me is that the concern about the Rolex 32XX amplitude issues has disappeared but there doesn't appear to be a resolution. The entire lineup had a time bomb that imploded after a couple years but suddenly it's as if there's no more problem. They might be saying, 'Yeah, new Rolex watches will quit keeping time in 2 years but look how expensive Omegas are now."

I'm not taking a piss on Rolex. I genuinely am curious about whether it's still an issue with their 32XX movements or not.
With regard to the 32xx movements, I'm not aware of any long term fixes. I suspect that a lot of the silence from influencers and YouTubers is because they know that if they publicise these problems, then Rolex won't let them review watches or allocate them watches to purchase. Many of these influencers are watch dealers themselves who have Rolex in stock, so it's in their interest to maintain the hype.
 
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I couldn't care less what YouTubers think. But it's the price increases that are putting me off. I know, tariffs, but my white speedy is 1000 more than it was when I got it June 2024, and the new reverse panda is 1300 more than that. I just don't see it.
Edited:
 
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I’ve seen a few comments etc saying that fewer 32xx Rolex movements from the last few years are experiencing issues, but that’s due to a change/increase in lubrication and not an engineering fix.

Regarding Omega, I think it’s down to price. Omega was always on a par quality wise with various other brands but priced slightly lower. Price increases have been aggressive and have removed one of the benefits of buying one. I admit I was surprised at the current price of a Moonwatch or an SM300
 
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Pick any product or service such as watches, cars, motorcycles, audio equipment, anything, and you'll get overly negative reviews on social media and YouTube. Negativity makes money. I just ignore them.
 
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Irregardless of YouTube I find Omega’s design choices lately to be atrocious (PO). Couple that with the constant price increases and I’m out.