Silver Snoopy order process may drive me away from Omega

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Well then you should know about ad hominem fallacies.

I do!

Dusting off my old textbook, it gives these examples:

Great, another person who doesn’t care about ethics...

Like I said, some people lack ethics and don't "understand" what that is and how it's practiced.

But you digress...
 
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Well, we know that the second part is true based on what people in this thread and others said salespeople at the OBs are telling customers. The first part remains to be seen but we'll find out soon enough. Basically, a watch company with these price points, producing a million watches a year, shouldn't be short of anything other than what they are deliberately holding back.

So you have just admitted that your entire tirade on ethics, and attacks on other members based on that, is not based on any evidence.
 
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Well then you should know about ad hominem fallacies.

Well, we know that the second part is true based on what people in this thread and others said salespeople at the OBs are telling customers. The first part remains to be seen but we'll find out soon enough. Basically, a watch company with these price points, producing a million watches a year, shouldn't be short of anything other than what they are deliberately holding back.

But presumably their production relies on segmentation, with finite resources like raw materials, machine time, watchmaker and testing slots and outsourced parts, and can't be switched on a dime to favour one catelogue item over the dozens (kindreds?) of others. I'd guess that they plan this production sequencing well in advance, and that these plans have already had to be significantly updated due to the Covid variable, and when a product just explodes into the marketplace like the Snoopy did, they've had to adjust accordingly. You're a Tech Founder, so you'll be familiar with the long tailbacks experienced with, say, earlier gens of the Oculus, where manufacturing and distributing were significantly outpaced by demand, even with presumably careful forecasting.

I'm not in the watch biz, and maybe it's the case that Omega can decide on October 6th that they have a hit on their hands and need to shift resources to make 20k Snoopys out of the 500,000 - 800,000 or so watches they'd planned to build this year, minus the 30 or whatever % affected by the pandemic-related restrictions that have begun to bite again in 2021, but that's got to be very hard to do, especially given the supply-chain shifts and other variables faced by the brand.

I get that there's some value in limiting supply and so not maxing out the cachet of a halo product, but Omega has done very well with its policy of offering products that people want to buy and can buy -- can they really afford to blow that goodwill by screwing an existing and potential customer base?
 
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$100K spend at Omega is easily doable. I think most people on here are thinking about a speedy or a basic seamaster. Omega makes alot of models in precious metals and diamonds. They sell alot of these in the asian and middle east markets. Precious metals get you 30K+, once you add the diamonds and jewels you are easily over 50K+. On top of these they have the platinum 321 as someone mentioned but also the tourbillons which are over 150K a piece.

As for the snoopy, I am not sure any OB has solid knowledge of production numbers unless it is an actual LE. Omega is about volume and making sales so I don't see them trying to artificially limiting anything unless there is a real production capacity issue.

There are always production capacity issues.
Omega have to make other references which include limited editions, as well as watches for the masses who wouldn't know about or care about limited watches. Just looking for a nice watch they like and can afford right there and then in the shop.
 
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can they really afford to blow that goodwill by screwing an existing and potential customer base?

Your practical/supply facets are all interesting and surely at play.

But I wouldn’t want to so quickly just pass over the notion that it is not ok for Omega to limit production intentionally.

Bronze sculptors could offer infinite casts, but they don’t not just because of foundry/practical limitations but also because scarcity relates to desirability (and so value). Have you ever seen a bronze sculpture and thought, “those unethical sculptors, how could they screw the goodwill of their admirers by not offering one to everybody”?

I can think of few “collectible” commodities where one should expect that having the $ to purchase the item bestows any right to purchase the item.

Omega shouldn’t really be faulted for having many, overlapping, reasons for not meeting all demand for all models.
 
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They are not sold out the entire run. I have from a reliable source that once the first backlog is worked out there will be another couple of goes.

1 they didn’t want to extend lists over 12 months because some countries have full deposits. Some don’t.
2 they have never had a Rolex buy other watches to get what you want.
3 A 20 year old in Sydney got a watch without any buying history but was one of the first on the list once announced
4 the 3861 is in full production now as it’s in the new Speedmaster. They will make a lot more than 2000 Snoopy watches a year

Just keep letting your boutique know your interested in one.

True enough, but it appears as though this are operating on a different level in the US with the gap between the haves and have nots being much wider there and getting wider like everywhere else.
Let's not forget the OP has had a standing offer which has been graciously laid on the table by another member of this forum.
In practice and morally, there's nothing stopping this process from going forward except for the aquirer changing their mind about the watch. But at least the OP has a shot at fulfilling his personal commitment to zing it to the flippers and not paying over the odds to a flipper. All is not lost for the OP in achieving his objectives.
 
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T Texex
Not sure if I am in the right thread but... I stopped by my OB today to have a link taken out of my wifes Seamaster and I asked about the Apollo 13 50th where I am 22nd on the list. The manager had some interesting things to say and I'll like to hear if you guys are hearing the same. First he said that my place in line is not a "Firm 22nd". If someone who is on the list below me has a better spend history they will skip me in line. He also said that anyone who has a deposit in will get one guaranteed and that almost everyone who does not have a deposit will not get one. Omega has told OBs that they will only make 5000 in the next 2 years and only 1200 will come to the US and ALL of those are already spoken for with a deposit. After that the will trickle out for big spenders only. He said the issue with the 45th limited edition was that some big spenders did not get one and they make a huge stink about it. Guys that spend 100K a year just on Omega (no idea how one could do this). So Omega decided that they will make this one a Limited Production so they can make very few to make it exclusive like the 45th but then make a few more on the back end to satisfy the big hitters. So basically limited like the last one but with the option to make a few more later on to keep the big spenders happy. He also said that all 1200 should be in the US by end of year so anyone with a deposit should have their watch by December 2021. He also said other than 1 or 2 huge ADs in NYC and LA, only OBs will ever get the watch, none for normal ADs. He also said that no sales associate has been paid commission and that Omega according to Swiss laws is not able to invest the deposits or even get interest on the money. Omega was not able to access the money until a sale is made. Finally I brought up that Omega might have chosen to not make this one limited edition so they can sell a ton. He said that I need to think bigger picture and that their goal is not to sell a ton of one watch but to be the hot talked about watch which would be fantastic marketing. A high tide raises all (Omega watches) buoys. He added that Omega could loose money on this watch (they won't) and it would still be a huge win for them with the publicity. He then politely offered to promptly give me my money back (I didn't ask for it) if I was unhappy with the process which I declined. Any of this sound familiar? Who know how much of it is accurate and how much is OB BS. Thoughts?

I was in an OB today and spoke to the manager about the Snoopy.

First off, she actually had one in the store. She said that Omega had sent it with instructions that it was not to be displayed or sold. Only those that had put down a deposit on the Snoopy would be able to see the sample. It was my impression that this sample will ultimately get delivered to the first person on the list. As such, I operated the pushers and wound the watch but did not place it on my wrist.

I was told that the watches will be distributed based on purchase history. My OB has 30 paid deposits with about half of those to people that do not have a purchase history with the boutique. I have a little purchase history that places me about middle of the pack. She also said that it could be two years before all the watches are delivered to those with deposits.
 
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When OB's say purchase history, I always wondered how far back they'll go. I bought 2 watches back in like 2011 or 2021 and then started buying accessories in 2018 through 2020. Does my 2 watch purchase from the OB 10 years ago count as purchase history? What about the $1500-$2000 of accessories bought from the OB over a 3 year period?
 
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So you have just admitted that your entire tirade on ethics, and attacks on other members based on that, is not based on any evidence.
The only evidence I need and everyone else can see as well is the lack of supply when it's not a limited edition watch and their OBs telling potential customs to get lost and don't bother to get in line. Do you really need the CEO to come out and tell you directly I'm screwing with you in order to build cachet? If so you'd be waiting a very long time...
I get that there's some value in limiting supply and so not maxing out the cachet of a halo product, but Omega has done very well with its policy of offering products that people want to buy and can buy -- can they really afford to blow that goodwill by screwing an existing and potential customer base?
Sure, they saw how well that strategy worked for Rolex and they will now employ the same. They saw that their own limited editions strategy was starting to backfire so they're going to just outright limit production to create an artificial shortage like Rolex. But they obviously can't do it all at once. It started with the 321 for $14k. The only difference between that watch and their other Speedmasters is that it's hand assembled. Hand assembling a watch does not add $10k to the cost, if so no watchmaker would have a job. The only reason for that is to give the illusion that somehow this is a limited production watch when it isn't. Everything Omega makes is mass produced. The only reason for it is to squeeze supply thereby creating an artificial shortage that can support the $14k price. We'll have to see if this continues to trickle down to other lines. My advice to you Omega lovers out there is to start hoarding Omegas as there may come a day when they're as difficult to find and as expensive as Rolex.
Your practical/supply facets are all interesting and surely at play.

But I wouldn’t want to so quickly just pass over the notion that it is not ok for Omega to limit production intentionally.

Bronze sculptors could offer infinite casts, but they don’t not just because of foundry/practical limitations but also because scarcity relates to desirability (and so value). Have you ever seen a bronze sculpture and thought, “those unethical sculptors, how could they screw the goodwill of their admirers by not offering one to everybody”?

I can think of few “collectible” commodities where one should expect that having the $ to purchase the item bestows any right to purchase the item.

Omega shouldn’t really be faulted for having many, overlapping, reasons for not meeting all demand for all models.
Sure they can. This is analogous to your bronze sculptor telling people he's making 100 sculptures only to make 200 and selling the additional 100 out the back door. These are not limited supply watches. Playing around with supply just so you can turn a buck is dishonest. Let's look at another company that pays attention to ethics, Apple. They occupy the premium spot in the computers and phone category. When they set a price for their products, they're willing to sell you as many as you want at that price. There's no gamesmanship. When they saw that iPhones scalpers were jacking up the price of phones in other markets after their release here in the U.S., they immediately tried to close the window. New releases now hit many markets all at once. They could have played the same game as Rolex but they didn't. That's why they have a $2 trillion market cap and the top brand in the world. If you do sleazy things, eventually it comes home to roost.
 
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I was in an OB today and spoke to the manager about the Snoopy.

First off, she actually had one in the store. She said that Omega had sent it with instructions that it was not to be displayed or sold. Only those that had put down a deposit on the Snoopy would be able to see the sample.

Touching it is another ten dollars; twenty five bucks for a selfie with it.
 
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They could have played the same game as Rolex but they didn't.

Apple and Rolex are not in the same business segment, do not sell the same category of commodity, and so - unsurprisingly - do not operate on the same rules of "successful" branding or marketing.

For almost a year, you've been on this forum primarily complaining about Rolex's branding and marketing practices. We get it: you want to walk into a Rolex AD and buy whatever watch you want, or else brand the company as unethical.

Rolex cares about your feelings the exact right amount.
 
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I think it's too early to draw many of these conclusions about Omega playing games. Regarding the new 321 and hand assembly, it is not that different than the Credor watches being assembled by Seiko. Now, I'm not saying that the artisanal levels are equivalent. What I'm saying is that it's not shameful for a company to decide that for a particular product, the production will be constrained by an arbitrary factor. The production cost to automate 321 assembly might have also been a driving factor...maybe not. I think it's cool that 321s are hand assembled. It's like L&S assembling their movements 2x. I don't feel like I'm being screwed around.

In contrast to Rolex or PP, Omega has a much more authentic connection to its fan base. Those Fratello/Omega events are a prime example. They were disclosed to all and you just had to be a bit lucky. It wasn't about your purchase history. It gets tiresome on RF seeing the PP thread with a title like "Share your Patek swag" and it's all simply a lesson on wealth disparities. Or the wrist shots taken from inside the poster's exotic car.

Recall that this shift by Omega to limited production is somewhat new vs. fixed and numbered limited editions. Both have pros and cons. I made the mistake of not putting a deposit down on the Snoopy as I wasn't a fan of it based on the pics and the caseback doesn't excite me. Seeing it in the OB I really like the look of it. I'm sure my SA will reach out when there's a new opp to put a deposit down. Not sure if I'll bite...
 
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The only evidence I need and everyone else can see as well is the lack of supply when it's not a limited edition watch and their OBs telling potential customs to get lost and don't bother to get in line.

Well, if that’s all you need to go on a tirade and attack members who disagree with you, then that’s all I need to know about you...
 
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All, I’m an engineer. I bought my first omega , a Bond Seamaster 2531.80 in the early 2000s. I completely agree with Jakemeister1000s argument that the Omega collector is a bit different from Rolex/AP/PP & the authenticity of their collectors. From my experience, Omega fans tend to be a bit more technically focused, they care less about owning something for its status and are more attuned to the history. They are nerds and geeks. The entire speedytuesday thing is pretty unique and special, genuine people who just love the watches. It’s clear Omega is making steps to elevate their brand, but I can hardly blame them for it.
 
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I feel for the OP. It can all be such a game. For those wanting only to simply buy a watch, it can and does become bewildering.

"TechFounder"? Really? You do not get it.
 
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Not happy at all to see demand vastly exceeding supply. It would just make it needlessly more expensive to get from grey and frustrating not to get brand new along with the nice experience of getting. from omega boutiques
 
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Not happy at all to see demand vastly exceeding supply. It would just make it needlessly more expensive to get from grey and frustrating not to get brand new along with the nice experience of getting. from omega boutiques
It’s to be expected really though isn’t it? It’s a popular watch and given the last one sells for 6 times retail every Tom dick and Harry wants a piece outside of the general omega fans.
 
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I'd typed out a big response to this, but Steve above summed it up nice and succinctly.

This is a new watch, not a piece that's been churned out for years, it won't have been made in numbers anywhere near demand yet, so to compare this to Rolex's games is ridiculous. To my mind, the retailer's aren't engaging in games, they either have been told not to promise anything, or as is more likely, don't have the information.

This watch was announced 3 months ago, and speculated upon for way longer - I find it hard to believe that anyone here couldn't have found the time to get their name down somewhere.

Omega have stated this is not going to be an LE (granted everything is limited in some respect), but I truly think they've made this decision to not disappoint their customers, it's a waiting game, simple as.

If you really can't wait to get one, go pick up one for stupid money, you'll only feel like a right mug once supply is plentiful and these can be picked up closer to MSRP.

OP, I hope you lay your hands on one, and for what it's worth, I'm sure you're doing a great job, similarly to our NHS, I think that commands a little respect.
Edited:
 
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I'm an ER Doc and have been a little busy for the past few months. I live in an area with no local boutique or even an authorized dealer. I called Omega directly a few months ago when the 50th Snoopy was announced and was told to subscribe to the online mailing list to receive updates when the watch became available. Unfortunately for me, I failed to get in line at any of the boutiques as the couple that I called were reserving spots on the waiting list only for their "preferred customers"...
Well, now it's the end of a horrible year in medicine, and I wanted to take my year end bonus and buy a Silver Snoopy... only to find they are now sold out and not taking any orders. I missed the window on the 45th Snoopy and now it looks like my only hope of obtaining a 50th is on the flipper market. As an Omega fan, and Speedmaster owner of many years I am disillusioned, disappointed, and disheartened at how this was handled for a non-LE model.
Any advice on how to obtain this watch at a reasonable price would be appreciated. I love Omega, and am a big fan of the history of the space program, so for me the Silver Snoopy ticks all the boxes. But if it means paying $20,000+ to wear one, I'll say no thank you to Omega and take my money to Jaeger-Lecoultre or a pre-owned A. Lange...
There are lots of watches I admire and would like to own, but I thought the Silver Snoopy would be one I could reasonably obtain...
Yes, I know all about supply and demand... I took economics once during the 11+ years of college I attended. I didn't need that snide lecture from the 26 year-old who answered the phone at the OB who asked what I expected with the "most in demand watch in the world"... Still, if an Omega fan with the ability to write a check for this watch can't reasonably obtain one, what does this say about Omega and how much or little they value those of us who aren't on their "preferred customer" list with a boutique?

Thanks for letting me rant... I've lurked here for many years and regret that this is my first post... Thanks for letting me rant.

Aaron
It could be worse. You might have parted with $10000, waited 6 months only to see the snoopy be sold to “connected” special clients rather, than to the average Joe’s that gave a deposit only to be snubbed after months. Omega wants to be Rolex so badly treating consumers seems to be their approach.
 
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It could be worse. You might have parted with $10000, waited 6 months only to see the snoopy be sold to “connected” special clients rather, than to the average Joe’s that gave a deposit only to be snubbed after months. Omega wants to be Rolex so badly treating consumers seems to be their approach.

there may be regional / country differences in deposit policies, but I believe the people getting watches early also had to put down deposit. What do you mean by “connected”? If somebody has helped support the company by buying multiple watches over the years, are they “connected” and helping to screw over everyone else who wants a snoopy? Omega doesn’t want to be Rolex, they want to be better than Rolex.... and in most ways they are.