snick777
·Invicta watches hit the spotlight a few years in the Los Angeles downtown jewelry district. A place I would frequent for supplies, trading, and general business. My initial though was what are these big bright watches? At first glance I assumed they were Chinese or even Japanese made at best. I later found out they are a Swiss company. It took many years before I would actually deal in these secondhand.
I initially would make a loan against these watches as a courtesy to my well known customers; as I was not interested in them. Well the customer foreclosed on the Invicta's and now I had a wide variety of 12 Invicta watches for my case in a nice display I might add. A couple of years latter after shuffling them around from counter to counter, we gave the watches away to a family friend to dispose of. The watches were auctioned off at eBay for a whopping $.99 no reserve. These watches were a hit at that price and while their was nothing to loose because of the items after all, were "FREE" to our friend. The ending price was around $50.00 each on the average for these generic Invicta watches (Rolex look alikes).
It would seem that I had my fill of yet another loosing product. I am but forced by economic trends in the business to venture out and try Invicta watches once again. Invicta's professional marketing is one of the best I have seen in the business, contracting with major retailers, marketing huge ad campaigns and you can even purchase them through the Home Shopping Network. It seems if you do not own a Invicta watch you must live in a cave! The problem isn't even in the quality of the watches but the quantity. Market prices reflect supply and demand. Too much supply = less demand and drives pricing down. The offset Invicta has been know for is the overwhelming model varities, but is it enough to stop the downward spiral for their watch prices. I think it is not. Invicta should take a lesson from Rolex "Less is More" keep the quality, keep the price, keep the business.
My assessment of Invicta watches in the secondhand market; they are over produced, do not hold their value, and are a bad investment.
I initially would make a loan against these watches as a courtesy to my well known customers; as I was not interested in them. Well the customer foreclosed on the Invicta's and now I had a wide variety of 12 Invicta watches for my case in a nice display I might add. A couple of years latter after shuffling them around from counter to counter, we gave the watches away to a family friend to dispose of. The watches were auctioned off at eBay for a whopping $.99 no reserve. These watches were a hit at that price and while their was nothing to loose because of the items after all, were "FREE" to our friend. The ending price was around $50.00 each on the average for these generic Invicta watches (Rolex look alikes).
It would seem that I had my fill of yet another loosing product. I am but forced by economic trends in the business to venture out and try Invicta watches once again. Invicta's professional marketing is one of the best I have seen in the business, contracting with major retailers, marketing huge ad campaigns and you can even purchase them through the Home Shopping Network. It seems if you do not own a Invicta watch you must live in a cave! The problem isn't even in the quality of the watches but the quantity. Market prices reflect supply and demand. Too much supply = less demand and drives pricing down. The offset Invicta has been know for is the overwhelming model varities, but is it enough to stop the downward spiral for their watch prices. I think it is not. Invicta should take a lesson from Rolex "Less is More" keep the quality, keep the price, keep the business.
My assessment of Invicta watches in the secondhand market; they are over produced, do not hold their value, and are a bad investment.

