Skip to main content

Rolex Racing Bar Graph

I've shared this infographic a couple times on Instagram but I wanted to offer it here as well. It might, perhaps, present better. I also think it is so neat that I decided to share it in a few places online. I'm offering a video I made of a "racing bar chart" of manufacturer prices for 60 Rolex references over 64 years. I used an online list of AD pricing, adjusted for inflation, to generate this. I learned two things: first, Rolex seems to employ a "rabbit" pricing model. Infrequently, there are references (usually in precious metals) that are released that are an order of magnitude more expensive than what has come before. This seems to set the stage for subsequently rapid price increases for the more accessible references in the catalogue. I use the term "rabbit" pricing to describe this phenomenon because athletic races of different sorts will often hire a "rabbit." This is a racer who goes flat out at the start of the race. Other racers will follow close behind, often benefitting from the draft (or perhaps just responding psychologicaly). Using a rabbit keeps the pacing of the race faster in its early stages. Similarly, precious metal "price busters" for Rolexes seem to create higher expectations for what a Rolex might commend. Subsequently, other prices rise quickly.

The second pattern in Rolex pricing made apparent by the graph is the closing gap between highest price and lowest price references. With its catalogue, Rolex historically covered a wider range of price points. More recently, though, it seems to have abandoned the more accessible price points. This may be an intentional or unintentional effort to leave that market segment to Tudor.

Take a look at the Rolex Racing Bar Graph below and let me know what you think in the comments. I have a few more of these infographics which I plan to offer in the near future.

Comments

  1. A very interesting compilation. Just out of curiosity, how would a SS-only 'story' look like? Also closing gaps? Thank you for sharing! -AboutLife

    ReplyDelete

Post a Comment

Popular posts from this blog

Visiting Lovell Hunter's Atelier

Late last year, I had a chance to visit a truly special space in the United States: the workshop of an independent American watchmaker. Lovell Hunter showing components on a bench in his workshop. Photo Credit: Lovell Hunter's YouTube channel. I've written about Lovell Hunter before, I posted my first story about Lovell right here on Horolonomics. There, I described his career as a watchmaker for Breitling and his decisions to strike out on his own and launch an independent brand called Love Hunter Watches. Lovell and I have kept in touch since then and he periodically reaches out to share updates on the progress of his watch design as well as other updates regarding his brand. At one point, Lovell invited me to visit his workshop, which is located in Connecticut's Naugatuck River Valley. The location couldn't be more appropriate given that "Brass City," aka Waterbury, is located on the northern portion of the valley. Brass has historically, and presen...

A Maestro's Rolex

An email from a Yale librarian arrived earlier this summer. A modernist building on Yale's campus. She wrote that she didn't know where one of the watches was, but she was working on finding it. I simultaneously felt disappointment and concern. I was disappointed because I hoped to arrange a visit with the truant timepiece. I was concerned because I couldn't help but wonder if someone had made off with it. My concern faded after a second email a number of days later. The watch had been located. It was stored in a more secure location than other archival materials. And, my contact at Yale said I was welcome to see it. Let's back up a bit. I periodically look for Rolex archival materials in libraries. My interest stems from the materials I previously found in a UK archive, materials which served as the basis for my book on Rolex's marketing history. It was a good while ago that my archival searches surfaced the Rolex watch in question. I just hadn't taken ...

Secondary Market Prices: July Update

An AI generated image of a trendline overlaying the image of a watchshot. Back in April, I posted a summary of preowned watch price discounts from a major online retailer. The discounts were larger than I expected, averaging roughly 25%. This week, I received an email from the same retailer about another discount event, so I thought I would update the April exercise. Bottom line up front: the discounting continues but it may have slowed slightly. Let's get into the details. Chrono24's Chronopulse price index (disclosure: I participated in development of this index) shows that prices did increase by 6/10 of one percent heading into the beginning of May. Screenshot of some of the most recent market data from Chrono24's ChronoPulse. Aside from the traditional end-of-year holidays, graduation season in May / June is a high point for watch purchases as friends and relatives gift timepieces to new graduates. For this reason, the May uptick in prices may have been part...