Recent Omega Negativity

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Thanks for sharing that vid. Some valid points, the main one IMHO being the recent price hikes. Omega are trying to move into the same space as Rolex and it looks like it's going to backfire on them. Agree that it breaks my heart to see this happen to my favorite watch brand. As to quality control, I've handled some current Omegas recently including the Speedmaster and Aqua Terra. Can't say that I found the cases "super sharp" like what he's saying. And Omega's co-axial movements are amazing, if my Aqua Terra with calibre 8500 is anything to go by. Beautiful to look at, and keeping time to within +0.5 to +1.0 secs per day.
The Super Sharp case thing was overhyped.
They bet on being able to compete directly with Rolex and it just didn't work out.
The current Omega price platform was a poor business decision. They also diluted the brand with the many many model variants and special releases.

I find it sad, IMO they were so close to Rolex. I for one preferred the Omega, they provided an exceptional product offering at very achievable price points.

Probably too late to reverse course now
 
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Thanks for pointing out that video. I've shared it here:

Some interesting points. I personally think that it's great that Omega offers so many different types of watches in its catalogue, some of which are pretty cool. Maybe a bit less variation in each model line, as the presenter is suggesting, to make it less tedious to browse through their website?
I think he makes the best case for the issues with Omega. The too many choices distracts Omega is a good point made by him. Instead of putting resources into improving their core offerings, Omega is throwing resources at slow moving watches that are extremely niche.
 
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I'm an Omega geek because my brother bought me an 1861 Speedmaster for my birthday six years ago and my wife bought me a Silver Snoopy two years after that. My collection of Omegas is built around these two watches because I love the Speedy, not because anyone else doesn't. I also don't do drama, which is why I never click on Youtube "influencers". In the world where tall talk lives, nobody cares what they think, either.
 
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Yeah, i'm 95% on board with what he was saying.
It seems there's little doubt that Tudor are starting to eat Omega's lunch. So there's that which is something we can probably park to one side.
Then there was the MoonSwatch thing.
Ok, i can see where at the time, Swatch group could envision a MoonSwatch being like a gateway drug to Omega. But in the fullness of a short period of time, the world is being turned upside down on every level no matter who one is or or their views of the world.
How people are living is being reevaluated by themselves and somebody else higher up. This is having impacts.
Maybe Covis-19 was the major disruptor of our time which has impacted everything in ways we can't fathom.
To come back to the MoonSwatch.
I think it was a disruptor in of itself for the core offering of Omega's catalogue. In essence, they hollowed out the core of the Speedy pro world.
Then there have been the price increases and Omega are not alone in that. But at one end of it, there is MoonSwatch pricing and at the other end there's the standard Hesalite speedy pricing and it goes up from there.
Which leaves space for Tudor and more so for a whole slew of micro brands.
Now we have controversy around the origins of components, that is casting a shadow over the whole Swiss watch industry and is even reflecting on Rolex at this stage. People are looking more closely at the value proposition of Swiss watchmaking.
I'm disapointed at Omega's choice to settle on more clearly defined edges and i'll refain from describing them as sharp because they aren't sharp per se. But i can see how the perception could be there.
It seems as though Omega are moving toward Super Crisp edges as opposed to other brands offerings. I don't mind the edges being Super Crisp and when i try the watches on at the dealer, i don't feel any discomfort. But then again i'm not wearing any of these newer watches day in day out so i can't judge properly.
We are seeing these Super Crisp edges on the 3861 Speedy and now the PO has had a major overhaul which reflects the same direction.
To the PO, i think the PO needed something done about it.
Though i liked the first variation and nearly bought the LM limited edition but couldn't justify the money at the time as i'd just picked up the Railmaster with a 2403 under the bonnet and i couldn't be happier with that choice in 2005.
After the first PO, i was bewildered by the direction the PO was going and kept going.
IMO, it's no wonder they weren't a big mover when the SMP was such good value overall.

I'll get a 3861 Speedy one day.
Also a new PO.
But i won't be paying full price however that comes to pass. We have to watch our pennies in our household now days.
For the longest of time… years it seemed like. Everyone wanted the Speedmaster. I don’t recall many pre covid spending there hard earned $5k on anything else. Much less for a Seamaster.

Tudor is effectively the next alternative to Rolex now.
Crazy times

Reminds me a little of Tag Heuer. From a market share perspective. Though I have always felt Omega product quality was far superior in almost every way
 
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I'm an Omega geek because my brother bought me an 1861 Speedmaster for my birthday six years ago and my wife bought me a Silver Snoopy two years after that. My collection of Omegas is built around these two watches because I love the Speedy, not because anyone else doesn't. I also don't do drama, which is why I never click on Youtube "influencers". In the world where tall talk lives, nobody cares what they think, either.
The problem is. In 2026 these online influencers have an amazing amount of power. They can literally shift the mindset of millions. Especially in a world where a wristwatch isn’t a necessity anymore.

Then roll in the luxury element. They are selling brands not tools anymore.

I really enjoyed Oisins very technical and detailed videography when he first came out a few years back. He done a marvelous video on his SMP. The newer stuff I couldn’t care much about.
 
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The only problem with Omegas is you can walk in and buy the watches anytime 😀
 
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I'm feeling negativity towards the watch business in general.

1. Prices are going up but the watches are the same as they were when prices are lower.
The "Why Do Dogs Lick Their Balls?" pricing strategy is unwelcome.

2. Many brands (Rolex/Patek/etc) are still hard to get. The AD experience is not improving

3. Many brands (Rolex/Patek/etc) made better watches 15-20 years ago than the make now.
Examples of this are the 32xx movement is not as reliable as the 31xx, and Patek moved their WR from 100m to 30m. Yet prices continue to climb...

4. Omega, while recently introducing some impressive new models, has too many unimpressive models that clutter up their catalogue and diminish their brand. Also, their bracelets are forgettable/dated while Rolex's are iconic and distinguished. It is frustrating this low-lying fruit is not picked.

I can see why many people prefer the vintage market.
 
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I'm feeling negativity towards the watch business in general.

1. Prices are going up but the watches are the same as they were when prices are lower.
The "Why Do Dogs Lick Their Balls?" pricing strategy is unwelcome.


3. Many brands (Rolex/Patek/etc) made better watches 15-20 years ago than the make now.
Examples of this are the 32xx movement is not as reliable as the 31xx, and Patek moved their WR from 100m to 30m. Yet prices continue to
Couldn’t agree more on both counts. The price increases are simply ludicrous

Movement reliability concerns in the price brackets we are talking is absolutely criminal - everything over $2k should be bullet proof reliable otherwise we should all be getting timex ‘s
I can see why many people prefer the vintage market.
Yep. Even NEO vintage today but even then. You seen the market for a 25 year old Rolex sports SS or even an Omega diver from the same period. Up almost 40% over 6 years ago.
 
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I'm feeling negativity towards the watch business in general.

Yeah, I think this is a vastly under-represented fact when considering this debate.
 
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Yeah, I think this is a vastly under-represented fact when considering this debate.
I am glad others think this negativity thing is real.

The price issue is significant but affects brands differently.

For example, I love the new Omega Speedmaster Reverse Panda; it looks so good it is almost an impulse buy. However, I already have a 3861 sapphire sandwich that I purchased in 2023 for less than $7K ( representing about a 50% price increase over less than 3 years) for essentially the same watch. I also have a 321, so do I really want/need a 3rd Speedmaster? The right price would be a motivator; the current price is not.

At the same time, while there were up to a dozen Rolexes I wanted, the AD experience and the inability to access certain models has certainly cooled my interest in the brand. All of my Rolexes (four) have been purchased grey and I have been keen to avoid the 32xx issue. That being said, there is one (perhaps last) model I want that is only available with the 32xx movement, so it is important to me that it is purchased via AD. I have waited thru at least two price increases with no luck. It will be interesting if Rolex upgrades the 32xx movement to the new 71xx at W&W this year; this will alleviate the 32xx fears but will almost certainly add to the wait...

As I am now in my mid sixties, I am fortunate to have enough watches that I could wear a different one every day and a month could go by without wearing the same watch. However, it is possible I just get tired of waiting and the annoying price increases and just enjoy what I have.

If too many people start to feel this way, what will happen to the watch business?
Edited:
 
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My gf and I adopted a cat back in October and then adopted the orange cat a couple of weeks ago
I didn't see that we had gotten to the cat stage. But it was about time.
 
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In addition to my other response here, there is an additional reason I'm an Omega geek, and that's
their exemplary customer service. Case in point: when the first 30 Marstimers were made available I ordered one through Omega USA. Due to a glitch in their system I ordered after they had sold out but the site still accepted it. Omega contacted me, told me about the problem and then said that they would honor my order regardless. Another Marstimer was sent from Switzerland and it has the distinction of being #31 of 30. I'd like to see any other high end watchmaker do such a thing.
 
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In addition to my other response here, there is an additional reason I'm an Omega geek, and that's
their exemplary customer service. Case in point: when the first 30 Marstimers were made available I ordered one through Omega USA. Due to a glitch in their system I ordered after they had sold out but the site still accepted it. Omega contacted me, told me about the problem and then said that they would honor my order regardless. Another Marstimer was sent from Switzerland and it has the distinction of being #31 of 30. I'd like to see any other high end watchmaker do such a thing.
That’s a great story. Agree doubtful you would find this kind of customer care anywhere else.

I had a horror story with Tag a few years back on a brand new watch. Never again
 
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For the longest of time… years it seemed like. Everyone wanted the Speedmaster. I don’t recall many pre covid spending there hard earned $5k on anything else. Much less for a Seamaster.

Tudor is effectively the next alternative to Rolex now.
Crazy times

Reminds me a little of Tag Heuer. From a market share perspective. Though I have always felt Omega product quality was far superior in almost every way
And Rolex will be laughing all the way to the bank, as Tudor is owned by Rolex.
 
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The only problem with Omegas is you can walk in and buy the watches anytime 😀
It doesn't help their secondary value 😄
 
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And Rolex will be laughing all the way to the bank, as Tudor is owned by Rolex.
FWIW, I always saw Tudor as 'significantly lesser' than Rolex/Omega because of this relationship. So many of the Tudor watches are just 'knock off' versions of Rolex, that if I see you with one, my immediate thought is "Oh, the Rolex AD convinced you to buy that while you wait 5 years for one at MSRP".

One of the reasons I appreciate how Swatch is NOT doing that to Longines. Its still the 'Tudor priced' brand, but it isn't trying to be "Official-Replica-Omegas" the way Tudor is.
 
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One of the reasons I appreciate how Swatch is NOT doing that to Longines. Its still the 'Tudor priced' brand, but it isn't trying to be "Official-Replica-Omegas" the way Tudor is.
Agree. Longines stands on its own two feet and they have put out some great watches recently. Spirit Zulu Time in 39mm is one that I'm keen on. Ceramic bezel, "true" GMT with skipping hour hand, COSC certified, classic tool watch vibes. And all at the fraction of the price of a Rolex GMT Master and without the AD games or risk of the grey market.
 
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Agree. Longines stands on its own two feet and they have put out some great watches recently. Spirit Zulu Time in 39mm is one that I'm keen on. Ceramic bezel, "true" GMT with skipping hour hand, COSC certified, classic tool watch vibes. And all at the fraction of the price of a Rolex GMT Master and without the AD games or risk of the grey market.
Agreed! I LOVE the Zulu Time (I have one as well as a GMT Master), the changes to the newer LDD, and much of the master collection. The new Ultra-Chron watches are fantastic as well, and I hope they sell a billion of them. The originals are fabulous, and they've done an absurdly good job with these. IF I wasn't so addicted to Speedmasters that my watch case was full, I might have one 😀
 
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And Rolex will be laughing all the way to the bank, as Tudor is owned by Rolex.

You know, when you think about it, if the bank is actually quite a distance away, there could be some significant laryngeal strain…
 
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TUDOR is probably held the shortest amount of time before being resold, according to my local dealer. You can’t use Tudor as an example of a watch that doesn't depreciate while complaining that Omega has lost market share because it depreciates.

Sharp edges on Speedmasters has killed the brand? What a load of bollocks.