Where Watch Dealers Get Watches !

Where do dealers get watches? Today we talk about it!
Want to become a dealer? Sign up below to find out more in coming months.
www.cognitoforms.com/Wal13/Wa...
-John P
/ therealjohnp
Stay tuned for vintage watch talk, an insider perspective into the watch-dealer world, and other banter!
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#watches

[@mmp11472]

I like the new set. It has all the warmth of hospital waiting room.

[@JohnPWatches]

Just the corner of my office

[@alexeybarkovskiy9357]

I got exactly same hospital vibe)

[@jono8884]

He needs some nice artwork on those walls.

[@boeing700]

You have to admit JOHN P., that was funny! But, the content is excellent. Keep up the good work...

[@MerlintheMaineCoon]

I think the size of that picture on the wall looks just right. Any bigger would be excessive..

[@TheMrFishnDucks]

Nice new setup in this video. Looking forward to more videos. Keep up the good work.

[@johnfrei9057]

Can’t wait for your program to come out!

[@danielcivitarese4346]

Love these vids John!

[@SoCalWatchReviews]

Thanks for another insightful video John. Hope to meet you in person one day my man, you are extremely knowledgeable and overall a down to earth guy!

[@herbmerced7780]

Great educational segments John

[@campirider]

Thank you for sharing this info! Your channel is super informative and gives the audience always something to learn in a way that is in my opinion more precise and honest than other channels on youtube.

[@rickonwatches9932]

Appreciate it John.

[@rogerthackerson2]

Very interested. Thanks for the info.

[@johnnywatches247]

Great video! I'm sure like car dealers there are auctions too. Just to win a "lot" at a decent margin, but at a where is as is watch that you bought from a picture and some description. It will probably need a service or touch up here and there for the flip

[@WesleyJean00]

JP. Thank you. I know this video is old but I sent my info to the link for the apprenticeship program. I hope to hear from you.

[@tods.9947]

Similar to the financial industry. There are a ton of financial instruments that the public can’t access (and wouldn’t be a good idea anyway). Love the insights John.

[@langraman8756]

only idiots buy into the watch hype

[@williamdavis533]

Great content.

[@HL-OOI]

Then why boutique gives such little discount when they have over stocked and sell it backdoor?

[@diamondbuyersguide2290]

Thanks for the info John but I noticed you didn't mention the names of the trade shows like IWJG, WWT or JCK. Listing these would be much more helpful. Same with the online wholesale B2B watch trading platforms. Again, you did not list any of those. I use Polygon but if there is a better one, I'd like to hear about it. Thanks

[@joelplayspc6229]

Yeah he just glosses over without giving ANY actual information.

[@albertodeulofeu5277]

Polygon huh 🤔

[@jefferyneu3915]

How often do you and Federico buy a watch that Hans is unable to get up to the performance level you are comfortable selling?

[@TaswcmT]

Those walls need some nicely framed macro shots of watches.

[@m1garandisthebest]

Great vid, John!

[@dusanbaic4372]

Now that most trade shows have been cancelled during COVID - how have dealers pivoted?

[@sgt0331able]

Awesome subject ! Keep it up. I would enjoy being a dealer but would just keep most of the watches to myself. 🙀

[@TZOID08]

But where do you get the String bracelets that compliment your watches ?

[@alanmentzer8756]

Thanks for the insights, John.

[@JohnPWatches]

Thanks!

[@jonnyrotten8095]

They produce so many watches because everything is a question of cost accounting. With high volumes you have better purchase prices and if you can sell 30% of your watches at full price, a 15% margin on warehouse sales is probably sufficient.

[@bubbab7792]

Add some color to your office. Wow! I see great watches and high horology as art so I just observe appreciate. 🥃

[@Atlas_Max11]

How often are ADs selling to watch flippers?

[@romanmichaelhamilton8729]

Good to know and many thanks. Just weird that the watch makers simply will not warranty their own product when it's not sold at an AD. Even the auto industry will honor the warranty of the car to the subsequent buyers of the same car. Just ridiculous.

[@zz.158]

Exactly!!

[@myklonsip]

What about out the back door of AD who got forced to over buy? Does that happen too.

[@JohnPWatches]

Yes

[@cruciferousvegetable]

Watches only require a vendors license.

[@mrp9498]

Underground trading platforms. Interesting information.

[@locutusdborg126]

It is kinda like underground fighting. You gotta know someone to get in.

[@miroslavrnjakovic8850]

Yeah. Sounds fishy

[@geroldatlarge1841]

10% plus 10% plus 10% plus etc. etc. etc. a lot of cuts.

[@ericIsCool1231]

for a second I thought intro was from the hub Like if you thought the same for the first few beats

[@ThePipeMonk]

Watch brands should stop this AD bullshit and let the market decide.

[@Amaru_r]

Deep web? 😅

[@loganbarr853]

You should’ve said we get a lot of our inventory from worthless flippers. They ruin the hobby for everyone else.

[@davidcoleman2463]

So you guys are just the same as unscrupulous car dealers ? Lol . Greed .

[@johnnywatches247]

The private guy is almost the same animal. They msg you on Kijiji or eBay etc. and kick you in the knees with super low offers and see if you or any of the 1000 sellers they msg take the low offer. It's all about market and margin. Just saying. If there is no margin there is no business or dealer. Unscrupulous?! Not really, just a buy low sell lower than the next seller on eBay environment so you can now make some money to throw pictures on the walls as some have commented.🤓

[@2K9s]

Hey Dave, try opening a dealership… or any business for that matter. The watch industry is all about buying in bulk which, unless it’s a drop shipping arrangement, is money out of pocket just to carry watches to sell.

[@langraman8756]

The Swiss watch industry sounds like a load of bullshit. Hype bandwagon...almost reminds me of the bullshit diamond industry