Maxfield probably demanded a certain quantity/type for launch and since it was probably in a written contract, Apple had to supply them.
Doesn't Apple have a relationship with Best Buy and such? Just weird that it's given a retail exclusivity to one retailer and they're not selling the item within their own retail stores. I'm just trying to comprehend it is all.
I don't really know what Maxfield is, but I assumed it was a higher end boutique store. High end boutiques =/= Best Buy.
For prestige, you want your wares in high end stores. High end stores will not work with you unless you can guarantee a certain amount of product. That's all there is to it, I'm sure.
Maxfield is a higher end boutique store, but they're not exclusively selling ther higher-end style Apple watches. I'd assume they'd stock the Rose Gold and such and avoid the Sports Band.
I'm not sure of Maxfield's financials, but Best Buy's pockets are DEEP so if they were bidding for exclusivity at launch, they'd probably be a contender and we'd have heard something?
Maybe the clientele of maxfield versus best buy had something to do with it. However, I really thought maxfield would be carrying the stainless steel and gold versions instead based on their shoppers' incomes and spending habits.
Maybe the clientele of maxfield versus best buy had something to do with it. However, I really thought maxfield would be carrying the stainless steel and gold versions instead based on their shoppers' incomes and spending habits.
This. Apple has been actively courting the fashion world. And it's not just Maxfield, it's Colette in Paris, The Corner in Berlin, and boutiques in London, Milan, Japan, China, etc.
Maxfield doesn't want, nor need Apple's cache´ to draw in customers. In fact this is the worst thing that could happen for their regular customers -- a bunch of low income Apple fanatics lining up around their store like homeless people to buy a $350 watch, and who have no intention of buying anything else, or ever shopping there again. As a result, after this initial order is filled Maxfield may well only offer the higher end watches once the Edition is released.
Apple on the other hand gets their product in exclusive boutiques visited by fashionistas who likely don't otherwise hang out at Apple Stores, nor would they ever go there looking for a fashion item like a watch.
Regardless, I don't see Apple entering into any kind of contract that requires them to do anything, much less supply watches in the face of production issues. That said, Apple's blatant pandering to the fashion crowd may be the first of many compromises they are willing to make to play in this despicable industry.
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But what do i know? I don't run a multi-billion dollar company either...
I can see this as beneficial from Apple's side, but not from Maxfield's. Apple products have such little margin (< 10%) that there is no way they are breaking even on this, given the lining up, probably paying their salespeople commission, etc. I just don't see any upside from Maxfield's point of view given that they aren't stocking high-end models only as mentioned earlier.
This. Apple has been actively courting the fashion world. And it's not just Maxfield, it's Colette in Paris, The Corner in Berlin, and boutiques in London, Milan, Japan, China, etc.
Maxfield doesn't want, nor need Apple's cache´ to draw in customers. In fact this is the worst thing that could happen for their regular customers -- a bunch of low income Apple fanatics lining up around their store like homeless people to buy a $350 watch, and who have no intention of buying anything else, or ever shopping there again. As a result, after this initial order is filled Maxfield may well only offer the higher end watches once the Edition is released.
Apple on the other hand gets their product in exclusive boutiques visited by fashionistas who likely don't otherwise hang out at Apple Stores, nor would they ever go there looking for a fashion item like a watch.
Regardless, I don't see Apple entering into any kind of contract that requires them to do anything, much less supply watches in the face of production issues. That said, Apple's blatant pandering to the fashion crowd may be the first of many compromises they are willing to make to play in this despicable industry.
I doubt anyone bid for exclusivity. In fact, I wouldn't be surprised if Apple kicked some money Maxfield's way as incentive to get them to carry the watch. This whole thing is in Apple's interest, not Maxfield's.
ftfy