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Biggest Mistake as a Beginner Watch Dealer
Here is a video I’ve uploaded today to our social media accounts, but I thought it would be worth posting in here. Just to reiterate what I always say within this community, don’t start your journey trying to buy the big heavy expensive pieces first. Start with smaller, more affordable brands such as TAG Heuer, and build up trust and a good reputation. Brands like Rolex are much harder to move as a beginner, and you will thank yourself sticking with the smaller pieces with higher ROI at the beginning. Being stuck with a big piece, that’s tying up all your capital, will kill your potential for making money at the start.
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Biggest Mistake as a Beginner Watch Dealer
Recent Sales 🔥
Hello everyone, I thought today I’d share with you the sales we have made over the last 2 days. 1. TAG Heuer Aquaracer Calibre 5 automatic ref WAY2012 2020. Bought for £722 via eBay. Sold on eBay for £1,245. £139.63 paid on eBay fees, £14.25 postage. Gross profit = £369.12 2. TAG Heuer Carrera Calibre 16 Chrono ref CV2A1V 2019. Bought for £1,676.80 via a broker. Sold via bank transfer for £2,350. Insured postage was £24. Gross profit = £673.20 3. Tudor Pelagos FXD ‘Marine Nationale’. Bought for £2000 via part ex deal against an Omega 007 NTTD seamaster we had in stock. Sold via our website for £2,550. £38.45 paid in Stripe payment processing fees, £24 paid for postage. Gross profit = £487.55 Total Gross profit = £1,529.87 Not a bad couple of days!
Recent Sales 🔥
New Video: Trade Business (Dealer to Dealer)
New video now live in the ‘Selling’ section of lessons. In this video, we discuss the importance of doing business within the trade, dealer to dealer. How this can help with cash flow, and moving on watches that we have had in stock a while and are dead money. We also discuss how important trade groups are for ‘sourcing’ deals, selling watches to other dealers for an extra revenue stream and also how to conduct yourself within the trade.
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New Video: Trade Business (Dealer to Dealer)
Welcome new members
Welcome to our newest members @Vlad Rusakov and @Harry Lupton. Congratulations on taking the first step to starting or furthering your watch selling journey! If you need any help or advice, don’t hesitate to get in touch with me, or post within the group where our members can help and guide you. Happy watch selling!
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SEO Keyword optimisation video
Video on SEO keyword optimisation to maximise reach, Google search-ability and recommendations for your watch business now live in the Google Business Profile and SEO keyword classroom within Lessons.
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SEO Keyword optimisation video
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