MY EXPERIENCE WITH ROLEX AUTHORIZED DEALER...........

[takashi78]

Bro several dozen per month is LOW LOW LOW sales.

Pavilion in KL is looking at min 200-300 per month haha.

[soonaikz]

Ya accroding to MV.... the sales monthly about 3 Mill.....

If 30K per piece that would be 100 pcs....

If 3 Mil per months and 15% profit.... that would be 450K per months handsome gross profit....

Deduct 100K for rental and water (Garden MV)

Deduct another 100K for staff salary per months

Deduct 50K for hidden cost...

You still bring home 200K per months

A handsome 2 Million profit per year.....

Deduct 25% tax......; still bring home 1.5mil per year.....

Good Investment? Only if the profit is 15%.... what about 20 or 25%???

[STT1987]

Bro several dozen per month is LOW LOW LOW sales.

Pavilion in KL is looking at min 200-300 per month haha.

Ya, I may have misheard that - instead of dozen must have been hundreds. They tell me that the shop in Gurney is doing great guns and I believe that since to general public - A Rolex is the ultimate status symbol in watches. Being one of only two ADs in Penang helps; also located in a big shopping complex frequented by a lot of tourists.

[kenixck]

Ya accroding to MV.... the sales monthly about 3 Mill.....

If 30K per piece that would be 100 pcs....

If 3 Mil per months and 15% profit.... that would be 450K per months handsome gross profit....

Deduct 100K for rental and water (Garden MV)

Deduct another 100K for staff salary per months

Deduct 50K for hidden cost...

You still bring home 200K per months

A handsome 2 Million profit per year.....

Deduct 25% tax......; still bring home 1.5mil per year.....

Good Investment? Only if the profit is 15%.... what about 20 or 25%???

anything above 7% is considered good, as i don't think this is a high risk biz, the setup/reno might be even sponsored. margin might not be 15% perhaps.

[soonaikz]

Ya accroding to MV.... the sales monthly about 3 Mill.....

If 30K per piece that would be 100 pcs....

If 3 Mil per months and 15% profit.... that would be 450K per months handsome gross profit....

Deduct 100K for rental and water (Garden MV)

Deduct another 100K for staff salary per months

Deduct 50K for hidden cost...

You still bring home 200K per months

A handsome 2 Million profit per year.....

Deduct 25% tax......; still bring home 1.5mil per year.....

Good Investment? Only if the profit is 15%.... what about 20 or 25%???

anything above 7% is considered good, as i don't think this is a high risk biz, the setup/reno might be even sponsored. margin might not be 15% perhaps.

It not easy to set up a watch shop today.... it all about who you are and who you know (network)..... is initial start up capital not cheap... a least 5 Mil to buy stock.....

[Yikkie]

My compliments must go to the JLC boutique in Starhill for the best service I have ever encountered. Friendly, knowledgable and accommodating. 

[dennis.T]

really? passing by numerous time but never go in maybe this round should pay them a visit...

[dpkong]

It's always easy to sit and count how much money someone else is making until you get to be in their position.

[gapnap]

My compliments must go to the JLC boutique in Starhill for the best service I have ever encountered. Friendly, knowledgable and accommodating. 

+1

Best i have ever encountered too .

[takashi78]

Well said brotha !

It's always easy to sit and count how much money someone else is making until you get to be in their position.

[soonaikz]

Aiya.... On paper mar....

Every business start on paper 1st.....

I know is not easy too built a business... I experience myself....

I believe if on paper cannot make money.... That not a business to do.......

[B747-4H6]

Not quite sure her age But Long hair wear spec.... and I think in the 30++

I guess we're talking about the same lady wata. Her colleague in Subang parade said quite a number complaint about her.

[dpkong]

Aiya.... On paper mar....

Every business start on paper 1st.....

I know is not easy too built a business... I experience myself....

I believe if on paper cannot make money.... That not a business to do.......

On paper, any business can be made to look like it will make money...

I know as I can tell you some experiences if you pay for the beers 

[sidestreaker]

I am sure go back to M**VALLEY if I made up my mind for purchase.......even if the price more expensive... but matter of fact they are more cheaper.......
 

I have received a similar good customer service from them as well. The last time I was there, they've provided fantastic service and answered all my questions, and allowed me to try-on almost everything. Unfortunately, they did not have a discontinued model I was looking for, and I had to settle for somewhere else. They even hand me a catalogue and magazine without question. If they were trying to create a good impression, so that I'll go back there for my next purchase, well, all I can say is that, it has certainly worked!

[soonaikz]

Aiya.... On paper mar....

Every business start on paper 1st.....

I know is not easy too built a business... I experience myself....

I believe if on paper cannot make money.... That not a business to do.......

Beer No problem..... But I afraid I cannot drink much due to Gout issue.....


On paper, any business can be made to look like it will make money...

I know as I can tell you some experiences if you pay for the beers 

[soonaikz]

I am sure go back to M**VALLEY if I made up my mind for purchase.......even if the price more expensive... but matter of fact they are more cheaper.......
 

I have received a similar good customer service from them as well. The last time I was there, they've provided fantastic service and answered all my questions, and allowed me to try-on almost everything. Unfortunately, they did not have a discontinued model I was looking for, and I had to settle for somewhere else. They even hand me a catalogue and magazine without question. If they were trying to create a good impression, so that I'll go back there for my next purchase, well, all I can say is that, it has certainly worked!

Customer service is very important today world..... purchasing power today dont judge by outlook.... somehow surprise some company yet to understand this.......

[terrenceterrence]

kinda ironic that you should be saying this right?

I am sure go back to M**VALLEY if I made up my mind for purchase.......even if the price more expensive... but matter of fact they are more cheaper.......
 

I have received a similar good customer service from them as well. The last time I was there, they've provided fantastic service and answered all my questions, and allowed me to try-on almost everything. Unfortunately, they did not have a discontinued model I was looking for, and I had to settle for somewhere else. They even hand me a catalogue and magazine without question. If they were trying to create a good impression, so that I'll go back there for my next purchase, well, all I can say is that, it has certainly worked!

Customer service is very important today world..... purchasing power today dont judge by outlook.... somehow surprise some company yet to understand this.......

[soonaikz]

kinda ironic that you should be saying this right?

I am sure go back to M**VALLEY if I made up my mind for purchase.......even if the price more expensive... but matter of fact they are more cheaper.......
 

I have received a similar good customer service from them as well. The last time I was there, they've provided fantastic service and answered all my questions, and allowed me to try-on almost everything. Unfortunately, they did not have a discontinued model I was looking for, and I had to settle for somewhere else. They even hand me a catalogue and magazine without question. If they were trying to create a good impression, so that I'll go back there for my next purchase, well, all I can say is that, it has certainly worked!

Customer service is very important today world..... purchasing power today dont judge by outlook.... somehow surprise some company yet to understand this.......

Both is two different thing in two different situation...........

[Godzillaz]

Actually after awhile. You wouldn't care much about their service.

From my personal experience. The better the service the lower the discount but that doesn't mean the opposite is always true. I had a fair share of bad services and bad discount as well.

I am buying the watch not the marrying the sales person. Most of them don't really know what they are selling anyway. I won't want to spend time talking more if I can.

I do realize however the need to be sure the watch we buy is not a lemon. I believe that's not the job of the sales person. That's what GTG are for.

Most shop are all too eager to unload their lemon on me 


Regard
Tyler

[terrenceterrence]

I share the same sentiments. If the price is good and the watch is okay, there is nothing much for me to talk.

Maybe it's because I do not really browse or try on watches unless I really have to. Most of the time GTGs are a great way to have a hands on feel of most watches I desire and the opportunity to share owner's view about that particular model.

So walking into any ADs just entails the question of "do you have?", "how much is it?" and "where do I sign?"

The less talk the better.... The typical sales pitch verbiage becomes tiresome after a while.

Anyway, I am just a small fry and I don't want to waste the sale's ADs opportunity to serve and sell the VietCongs and Chinese Commies diamond encrusted/frosted gold watches. They have to earn some commission after all.

Actually after awhile. You wouldn't care much about their service.

From my personal experience. The better the service the lower the discount but that doesn't mean the opposite is always true. I had a fair share of bad services and bad discount as well.

I am buying the watch not the marrying the sales person. Most of them don't really know what they are selling anyway. I won't want to spend time talking more if I can.

I do realize however the need to be sure the watch we buy is not a lemon. I believe that's not the job of the sales person. That's what GTG are for.

Most shop are all too eager to unload their lemon on me 


Regard
Tyler

[soonaikz]

I would go to detail for expensive staff.... just to make sure the thing I bought worth every penny.....

I never buy goods from someone that know nothing or I called them a catalogue sales......

This is me........

Anyway Rolex-AD MV better service than SNY also better price......

Why not....

[terrenceterrence]

That is why u are a man of impeccable taste.

I would go to detail for expensive staff.... just to make sure the thing I bought worth every penny.....

I never buy goods from someone that know nothing or I called them a catalogue sales......

This is me........

Anyway Rolex-AD MV better service than SNY also better price......

Why not....

[1to12]

Bro several dozen per month is LOW LOW LOW sales.

Pavilion in KL is looking at min 200-300 per month haha.

Ya, I may have misheard that - instead of dozen must have been hundreds. They tell me that the shop in Gurney is doing great guns and I believe that since to general public - A Rolex is the ultimate status symbol in watches. Being one of only two ADs in Penang helps; also located in a big shopping complex frequented by a lot of tourists.

I have been to the AD in Gurney Plaza when I holidayed in Pg a few yrs back. Think they just opened then. I was quite happy with the service fr them... a chap in particular who was friendly and helpful. Ended up din buy anything but left with a good impression. 

[dpkong]

Bro several dozen per month is LOW LOW LOW sales.

Pavilion in KL is looking at min 200-300 per month haha.

Ya, I may have misheard that - instead of dozen must have been hundreds. They tell me that the shop in Gurney is doing great guns and I believe that since to general public - A Rolex is the ultimate status symbol in watches. Being one of only two ADs in Penang helps; also located in a big shopping complex frequented by a lot of tourists.

I have been to the AD in Gurney Plaza when I holidayed in Pg a few yrs back. Think they just opened then. I was quite happy with the service fr them... a chap in particular who was friendly and helpful. Ended up din buy anything but left with a good impression. 

I second that. Helpful, tall chap when I was asking about the new Exp2.