I am fortunate in that my company sells several of the best brands. So I can get them without going bankrupt, yet I am such a gadget freak that I find myself enjoying my titanium and gold kenetic watch best.Originally posted by Birks31
I find that a really nice watch has a very cool effect on your confidence and attitude. Its one of my guilty pleasures....ONE of them.
On the other hand, the consortium of high end watch manufacturers is remarkably close knit, and generally conspire to keep prices artificially high for their own brand identities. It is an interesting business model in that they would prefer to sell fewer watches and tremendous mark-up rather than 10 times that amount at a still disgustingly good mark up, just so they can keep exclusive brand identity with the public.
The typical markup on a high end watch is on the order of 1000% of cost. That is amazing, even better than the clothing industry.