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Timex Is Making Watches in America Again

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Re: Timex Is Making Watches in America Again

#31
post #8

Earlier quoted context omitted.

Watches are a weird market in that a $30 one from Walmart keeps better time than pretty much any watch from a luxury brand costing $5000 or more. $500 is way more than the average person will spend on a watch but once you get into the watch world a little bit you start to become numb to prices and all of a sudden $500 seems dirt cheap. I don't think this is targeted to a normal person, but the type of people who alre…

A thermally compensated crystal is one or two orders of magnitude more accurate than a ten dollar Casio or Timex. Less than one second per year. That said, mostly you are right, a 5 million dollar patek will sell a few copies to someone... It's good to be king I guess.

Your body heat makes an excellent oven for a wristwatch.

Re: Timex Is Making Watches in America Again

#32
post #4

That’s a nice looking watch. If it had an automatic movement I may seriously consider getting one.

Automatic! Get off my lawn! You youngsters wasting all that weight and thickness because you can't be bothered to wind it yourself.

I would love a hand wind watch but those cost even more :).

Re: Timex Is Making Watches in America Again

#33
post #8

Interesting article on doing more manufacturing in America. The problem is that this is an extremely expensive and niche product. I want slightly more expensive products made in the USA and I'll pay a premium for it, but nothing astronomical. If I can pay 20% more on coffee and chocolate to make sure the farmers were paid a living wage, we can do similar things in the US. I understand that US wages are much higher an…

Watches are a weird market in that a $30 one from Walmart keeps better time than pretty much any watch from a luxury brand costing $5000 or more. $500 is way more than the average person will spend on a watch but once you get into the watch world a little bit you start to become numb to prices and all of a sudden $500 seems dirt cheap. I don't think this is targeted to a normal person, but the type of people who alre…

It can be elitist, but honestly what clothing accessory market doesn't have that cohort? There's so many decent options under $1000 it's insane (a little research to avoid upsold Chinese crap like MVMT Watches is necessary though).

Re: Timex Is Making Watches in America Again

#34

Interesting article on doing more manufacturing in America. The problem is that this is an extremely expensive and niche product. I want slightly more expensive products made in the USA and I'll pay a premium for it, but nothing astronomical. If I can pay 20% more on coffee and chocolate to make sure the farmers were paid a living wage, we can do similar things in the US. I understand that US wages are much higher an…

>Globalism has brought down prices and made many things very cheap and affordable, but at what cost?

That depends whether you consider an American job more valuable than a Chinese one. America has the wealth to provide a safety net, it's not the fault of globalism that it doesn't.

Re: Timex Is Making Watches in America Again

#35
post #10
post #5

The question is why? It's a $20 movement in a poorly finished case. The most important part of the watch isn't made in the USA. It's a $50 product being sold for $500. Further, it completely misses the point of what made Timex famous to begin with; excellent quality at a low price. This is neither. For $500, they are going up against some vastly superior products. For example, this cannot hold a candle to any similar…

Conspiracy theory: deliberately fail in order to demonstrate that “Made in America” doesn’t work so they’ll get less criticism about manufacturing elsewhere. More realistic: fleece suckers who think “Made in America” make it worth spending $500 for a $50 watch.

Are there laws about the "Made in" claim? That is, could they realistically have the movement and case and everything made abroad, then only do the final assembly in the US and earn the "Made in the USA" brand?

Re: Timex Is Making Watches in America Again

#36

Interesting article on doing more manufacturing in America. The problem is that this is an extremely expensive and niche product. I want slightly more expensive products made in the USA and I'll pay a premium for it, but nothing astronomical. If I can pay 20% more on coffee and chocolate to make sure the farmers were paid a living wage, we can do similar things in the US. I understand that US wages are much higher an…

Just wondering how the economics of us manufacturing handles global logistics. Can a product made in the USA ship to the rest of the world at a price competitive to those made in China? I honestly don't know the answer to this. If it's "yes", then bring on us production! I ask because I'm in Australia, and we're a wierd case when it comes to global logistics.

It depends; I believe it works really well for e.g. consumer electronics because of the value per volume, but as another commenter mentioned, not so much for cars. Car parts on the other hand are much more efficiently packaged, so for example Tesla has an assembly plant in Tilburg, NL.

Re: Timex Is Making Watches in America Again

#37
post #5

The question is why? It's a $20 movement in a poorly finished case. The most important part of the watch isn't made in the USA. It's a $50 product being sold for $500. Further, it completely misses the point of what made Timex famous to begin with; excellent quality at a low price. This is neither. For $500, they are going up against some vastly superior products. For example, this cannot hold a candle to any similar…

Aren't watches mostly fashion type products anyway and their value sort of fungible anyhow?

I don't doubt there are plenty of really cool watches out there that are "worth" $500.... but generally they seem to be fashion products where even the price seems pretty disconnected with the actual product / utility.

Re: Timex Is Making Watches in America Again

#38
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Re: Timex Is Making Watches in America Again

#39
post #8

Earlier quoted context omitted.

Watches are a weird market in that a $30 one from Walmart keeps better time than pretty much any watch from a luxury brand costing $5000 or more. $500 is way more than the average person will spend on a watch but once you get into the watch world a little bit you start to become numb to prices and all of a sudden $500 seems dirt cheap. I don't think this is targeted to a normal person, but the type of people who alre…

A thermally compensated crystal is one or two orders of magnitude more accurate than a ten dollar Casio or Timex. Less than one second per year. That said, mostly you are right, a 5 million dollar patek will sell a few copies to someone... It's good to be king I guess.

http://www.sapphytimes.com/movement/ephoto_show.asp?PhotoID=...

This is just "normal" price. For a large production you can get an even larger discount. It's still a cheap movement.

Re: Timex Is Making Watches in America Again

#40

Interesting article on doing more manufacturing in America. The problem is that this is an extremely expensive and niche product. I want slightly more expensive products made in the USA and I'll pay a premium for it, but nothing astronomical. If I can pay 20% more on coffee and chocolate to make sure the farmers were paid a living wage, we can do similar things in the US. I understand that US wages are much higher an…

>Globalism has brought down prices and made many things very cheap and affordable, but at what cost? That depends whether you consider an American job more valuable than a Chinese one. America has the wealth to provide a safety net, it's not the fault of globalism that it doesn't.

As an American, I certainly do count an American job as more valuable than a Chinese job.
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