Why are Luxury Watches So Expensive
Written by James Matthews
When Luxury Watches are manufactured there are many things associated with cost.
1. Research and Development
All watches have complex movements some that are on the cutting edge of technology.
There are different types of movement and all are very complex. These movement have precious stones (Ruby’s etc..) in them
some are made of precious medals. The manufacturing process is very complex because they need to be very small and very complex and therefore require special machinery. There are a few unique watches that stand out with the complexity of their movements and therefore are very expensive. However all watches hold complex movements.
2. Precious Metals and Stones.
Luxury Watches have large amounts of precious metals.
They are carefully crafted into the watch for a pristine look and if you were to melt the watch down and remove these you will see a large part of cost.
3. Brand Name
These items are considered luxurious and therefore need to be priced as such and distributed by only some people. This brings the cost up.
4. Celebrity Endorsement
These Luxury watch companies pay celebrity’s to endorse there products. This drives up the costs on all ends.
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This post was written by James Matthews. If you have any questions or comments you may contact him at james@jewelerslounge.com
