In the luxury watch market, introducing lower-priced lines (around $300) cannot effectively replace or supplement high-end collections (priced at $200,000+), as these represent fundamentally different market segments with distinct consumer demographics and purchasing power.
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Why collectors are furious at the new APAdded:
So if you lose that demographic, that's a lot of money you you can lose. Them spend north of a half a million dollars just buying AP watches.
>> think that this opening up this this other line of watches is going to supplement that? No, it's not. It's not.
We talking about 300 You talking about $300 versus sometimes a $200,000 watch.
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