Buying bahaviour of HKers

 There are many reasons why a buyer may choose not to make a purchase, and some common excuses that buyers may give include:

1. Price: The buyer may feel that the price of the product or service is too high, or they may not see the value in what they are being asked to pay.  70% of the cases.

2. Need: The buyer may not feel that they need the product or service, or they may feel that they can get by without it. 5%

3. Timing: The buyer may not be ready to make a purchase at this time, or they may be waiting for a better deal or promotion. 5%

4. Trust: The buyer may not trust the seller or the product, or they may have had a bad experience with a similar product or service in the past. 10%

5. Competition: The buyer may be considering other options or may have found a better deal elsewhere. 10%

6. Decision-making: The buyer may be indecisive or unsure about what they want, or they may need more information before making a decision. 5%

7. Logistics: The buyer may have logistical concerns, such as shipping or delivery issues, or they may not be able to find the product or service they are looking for in their area. 5%

It's important to note that these excuses are not always the real reasons why a buyer chooses not to make a purchase, and it's up to the seller to try to understand the buyer's needs and address any concerns they may have.

Here are the most common reasons your buyer goes radio silent: They've made a decision but they're on their own timeline. Whether they're going with you or a competitor, or are going to put off the purchase, your customer has made an informal decision, they just don't have to BUY right at this moment.

And most of all, I dislike Radio Silence, juts say I don’t buy now, or I pass, or I will not consider it now… is OK

HK Snob

Tiffany Blue Watch ref 73/15 diver watch

 

Tiffany & Co. has consistently exceeded expectations with phenomenal products, and there is no exception for this watch, which looks very similar to the Rolex Sub-Mariner style. This unique piece is incredibly rare and is very rarely found available in the market today. This beautiful timepiece features a Stainless Steel case that measures approximately 39mm (case excluding crown) x 8mm (high). The case is topped with a superb blue red rotating diving bezel. Behind the crystal is a matching blue dial with silver tone luminescent hour markers, matching hands, and a date feature located at 3 o'clock, in a style that is very similar to the Rolex Submariner. This ETA Calibre 995 Quartz powered watch also has a solid Stainless Steel water proof screw back case. The watch is complete with its original Tiffany & Co. warranty papers, roll box, and pouch. Dated 1992 in Japan. Look at the patina Lume is so beautiful with matching hand colour. As you now know, in today’s market, it is virtually impossible to come by this vintage timepiece in Brand New condition such as this one. If you are looking for an incredibly rare and durable timepiece that isn't as heavy as a traditional diver's watch, this classic and sophisticated watch is an absolute necessity addition to my collection!

Burgundy is selling US$10,000, Black is selling US$7,956, What do you think the value of blue is?

HK Snob

Luxury Watch market changes

 The luxury watch market is constantly evolving, and trends come and go. While vintage Rolex watches were popular since 2005 till 2025, there has been a recent trend towards gold Rolex watches and even gold watches with diamond accents. These watches have become increasingly popular among collectors and enthusiasts who want to make a bold statement with their timepieces. However, it's important to note that preferences in the luxury watch market can vary depending on the region, cultural influences, global gold price, hype from the celebrities and movies stars and individual tastes.

While vintage Rolex watches have always been highly sought after, the trend has shifted towards newer models that feature more eye-catching designs and embellishments. It's possible that some people may have grown tired of stainless steel sports watches like Rolex for more than a decade, and are looking for something different and more luxurious For example, the Rolex Daytona with a diamond-encrusted bezel has become increasingly popular among collectors, as has the Rolex GMT Master II with its unique combination of meteorite and or with gold and diamonds.

In addition to Rolex, other luxury watch brands such as Patek Philippe, Audemars Piguet, and Richard Mille have also seen a surge in popularity in recent years. These brands offer a range of watches that cater to different tastes and preferences, from classic and understated to bold and extravagant.

Ultimately, the choice of watch is a matter of personal preference and style. Some people may prefer the understated elegance of a steel sports watch, while others may prefer the bold and luxurious look of a gold and diamond watch. What's important is finding a watch that suits your tastes and meets your needs, whether that's for everyday wear or special occasions.

Notable trend is that there are having less people is focusing on buying those vintage Rolex as I had mentioned before, there was a lot of price difference say on Mark I of Rolex GMT Master 1675 than Mark II or III, well, nowadays there seems less concern about this so far people can recognize that is a 1675 GMT would be accepted, of course more demanding collector will still look for rarer Mark I.

In short the vintage Rolex price is not synchronized with the price up as the new Rolex.

That is quite pathetic , Recently we have seem a Daytona Zenith 16520 A series white is selling $170K , I think this was $220K in 2022. Also we can see a floating line Daytona 16520 Black is now $330K, that is much cheaper than 2021.

So if you are keen on buying good stuff, this is the time.

Those Daytona are never out of fashion! Especially with gold and diamond, they are good to buy now.

HK Snob

$ here is HKD