why the big jump from regular to edition?
I'm thinking Sport ($349), Regular ($399), Edition ($449)
They can't go over $500 for these things if they want them to take off.
why the big jump from regular to edition?
I'm thinking Sport ($349), Regular ($399), Edition ($449)
They can't go over $500 for these things if they want them to take off.
18K sold gold will NOT be only $500.😉
If it's solid gold, it's going to weigh 20lbs. I'm thinking it is going to have 18k real gold, but it will be sprayed on.
They can't go over $500 for these things if they want them to take off.
That's why it's starting at $350.
Actual solid 18k gold will be in the thousands.
I guess I'm just being naive, but I have a hard time grasping the logic behind Apple going after that small piece of the market where people will drop a few grand on a wearable smart device with a shelf-life of no more than 5 years. Maybe they truly are targeting the elite, but that just doesn't seem like Apple's typical approach.
Because they are targeting 3 groups with the same watch.
1) Sports (Super big sales and probably 1000 to 1 over Edition) - Normal people who are looking more for function.
2) Watch (large sales higher profit per device) - People who are looking for a fashion watch that is affordable.
3) Edition (small sales but super hight profit margin) - People who are going full fashion and only buy the best no matter what the cost. These people will by an Edition to wear to the country club and a Sport to play tennis in.
For some reason I think this will be the pricing Apple chooses, although I have NO idea about the Gold Edition:
Sport (Small) - 349$
Sport (Large) - 399$
Regular (Small) - 449$
Regular (Large) - 499$
Edition - 999$ and above
What do you think?
I think your prices are too low. Also price will vary with the band a bit more. Some of those bands are very very nice. They are the level of band that you would see on a $1,000 watch. Actually even higher than that. In some ways the bands are actually BETTER than what Switzerland is putting out for its best watches. The steal watch with the metal band seems like it is ready to compete with $1,000 mechanical watches. The band is certainly ready for that competition. And actually it is arguably the best metal watch band EVER. Okay getting extreme. But it seems really really good.
This is going to be a luxury item. This is not going to be the next iPhone. At least not for a few years. I'm thinking that you are adding $200 to the cost if you want to go from the plastic band to a metal or leather one. Remember Apple does charge us $35 for the iPhone 6 silcon case. They are into the high margins for add ons.
why the big jump from regular to edition?
I'm thinking Sport ($349), Regular ($399), Edition ($449)
They can't go over $500 for these things if they want them to take off.
I think that's a good point. An Omega Seamaster bracelet costs $800 on its own! Granted, Apple isn't building these things in Switzerland, so I'd have to assume the bracelet price won't be close to that, although the quality certainly seems to be very good.
watch, they are going to have to drop a pretty penny. I think $50 incremental increase of price is going to be very effective.
18-Karat gold casing is going to be very thin supported by other metals inside so only 10 grams of gold is used and costs only about $300.
If WATCH EDITION is under $1000, people might be able to afford them for upgrade every year.
This would be false advertising and so illegal in many countries. It's going to be solid 18 carat gold, and very expensive. I'm hoping $1000, but I think I'm probably being naive and that it will be more than that.
For some reason I think this will be the pricing Apple chooses, although I have NO idea about the Gold Edition:
Sport (Small) - 349$
Sport (Large) - 399$
Regular (Small) - 449$
Regular (Large) - 499$
Edition - 999$ and above
What do you think?
Here is my WATCH pricing prediction.
I also created these pics.
I know 18-Karat gold costs $30 per grams, but if they can manage this pricing, it is going to be a hit🙂
I think $50 incremental increase of price is going to be very effective.
18-Karat gold casing is going to be very thin supported by other metals inside so only 10 grams of gold is used and costs only about $300.
If WATCH EDITION is under $1000, people might be able to afford them for upgrade every year.
Yeah, to the wealthy, $5K is no big deal. It could be a smart move by Apple, because, once "regular" people start seeing celebrities and wealthy people wearing an Apple Watch, it'll increase the desire. Marketing costs is what make Omega and Rolex expensive watches.
Some guys see James Bond wearing a Rolex or Omega, and so they go buy one. If they don't have the means to buy the same, they'll at least go buy a less expensive diver, as if most of those watches would see anything more extreme than a swimming pool.
Another thing just hit me. I've been assuming that Apple will radically change the design of the Apple Watch as technology improves, like the iPhone, but that may not be the case (no pun intended.) The big watch companies stay very consistent with watch designs over the coarse of decades, so Apple could follow the same approach, and this could be the same overall form factor that we see in quite a few future Apple Watch generations. Apple may even offer some kind of internals upgrade for the gold watch, if it is actually solid gold.
LeBron James or Russell Westbrook(NBA's Fashinista) wearing the gold Edition with a bright red leather band in a post game interview. HUUUUGE!!! The average viewer of an NBA basketball game can't afford the edition, but they can probably somehow come up with the money for the regular version. And just because they added the word "Sport" to the sport version.....athletes of all kinds will be buying these up just like they do with Beats headphones.
There is no way that these watches won't do well in the sales department. They may not be the smart watch some of us was waiting on, but technology today has blended with fashion and become a part of the culture like never before. The tech doesn't have to perform at a high level, it just has to sell sexy.