As certain watches gain popularity and resell for multiples of the original retail price, this post aims to discuss some of the pricing dynamics in the watch world, and think through the considerations a brand would need to make before setting the price of a watch. It is simply a discussion and thought experiment, hope you find it interesting.
Many innovators and strategists are obsessed with predicting how the world will change in the future, and then they then try and develop new products and business models to fit this “new hypothetical world”. As Jeff Bezos describes, it can be even more valuable to figure out what will not change in the future.
A post about the state of watch collecting, and a discussion about ways in which people collect watches, along with the impact of these choices.
My company set out to revolutionize the workout. But first, we had to put our name on the map. Six months ago, I launched a company with two partners in an industry that I love: Fitness. Our goal wasn’t modest. We were going to revolutionize the gym. We looked at market trends and consumer behavior…