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| Joined: | Fri Aug 31st, 2007 |
| Location: | Alberta Canada |
| Posts: | 343 |
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That said, it's not a bad thing, If I was running Swatch I would do exactly the same thing...if demand went up in my business I would raise the hell out of the prices too, that's just good business.
Just my 2 cents......
Here's another .03 for a nickel. Just because you can raise the price doesn't mean you should. I agree that running a business involves raising prices but if you start gouging people then that's piracy. People get bitter and go elsewhere. The watch industry is full of tricks to raise prices already, LEs are a great example. I also find it hard to believe that someone can be out of stock for years-THAT is not good business. These companies have been tooled up for years to manufacture these items and I have to believe that it's down to a science for them.
At this point I have to question the validity to the reasons as to why some prices are going up. At least Rolex was upfront about it they basically said-we're snobs and we're not going to stop being snobs-well, I'm sure they were more eloquent than that.
There's my .03