Good luck, TAG Heuer. You have large and difficult mountain to climb with Apple at the very top of Smart Watch design. I'm always eager to see other companies try.
Even if this not a treat, if Apple makes it cool to wear a watch again, they can profit from that since well, they make watches (even if not smart watches).
So, either they profit directly, or profit through an expanded market for their main products.
Oh heart, they got my money right there. Not.TAG Heuer may also differentiate its product by offering exclusive apps that promote its brand and partnerships such as the sports teams that it sponsors.
I would rather these high end watch companies partner with companies like Apple. Let Apple handle the technology/software side and let companies like TAG help on physical design. Apple is not an expert in Swiss watches and TAG is not an expert in the smart area.
I would surely buy a Smart TAG watch if Apple ran software/technology components.
I have long admired Tag Heuer watches and often thought about purchasing one, but the price had always been a drawback. Its interesting (to me) that I am now looking very hard at the upcoming Apple Watch and the price isnt bothering me too much. Im not pitting one against the other, but there is a degree of functionality to the Apple Watch that is very appealing.
Yeah, but "cool" is not enough to make me buy or wear a watch. I quit wearing a watch long before the iPhone, because my cell phone was always with me, and it would do everything the watch did. The watch became superfluous, and I don't wear jewelry.It's always been cool to wear a half decent watch hasn't it, and by that I don't mean a Casio G-Shock but a Tag or Omega?
Of course it's true. Most people will only ever wear 1 watch at a time. And if the watch people choose to wear is an Apple Watch, then they're less likely to buy a Swiss watch. It's a subdtitute product, plain and simple.
Yes, it is a completely different product intended for different audiences, but the effect will nonetheless spillover into the potential buyers of the Swiss Watch.
Clearly there's a lot you don't know. But they are worried because luxury analog watches are a stagnant business who demographic is increasingly decreasing. Draw an high end watch brands sales on on a graph and it's not going to show growth. The Swiss watchmakers are learning they need to expand their market to a younger market the same way BMW, Merc, and Audi did when they pushed out entry level models aimed at post-college graduates. Many "purists" would tell you that the BMW 1 and 2 series; the Audi A3, and the Merc CLA are not "real" examples of those makers, just cheap wannabes. No matter, they are helping to create the next generation of "loyal" customers for those brands amid high competition in the $30K space.
Basically what you propose is for them to sit on their laurels. That's always been a poor business model. Ask 1990's Kodak or Sony.
Easy. Nobody wears two watches. Every smart watch that sells is one less sale for them.
It goes the other way too though: for every Apple critic here, there seems to be 3-5 guys who will take the pro-side. Sure, there were critics of iPod 1, iPhone 1 and iPad 1 but they were practically drowned out by the overwhelming gush of the "shut up and take my money" crowd.
Most people who buy smart watches are definitely not likely to buy a fine, luxury Swiss timepiece.The people who are going to buy a smart watch are not the same people who would buy a fine, luxury swiss timepiece.
I don't know why these Swiss watch companies even care about developing smart watches. They don't need too. The product they produce is something completely different.
You are correct that no one wears two watches at a time but everyone I know owns two or more. Who says someone can't wear a watch for dressy occasions? Wear one for casual occasions? And guess what.. For fitness? (Apple Watch).
Most owners of true high end watches own multiple watches for different purposes and the Apple Watch isn't going to all of a sudden change that.
Except that wristwatches have existed for over a century and that traditional watchmakers sell products that go well beyond their functionality; you can check the time on a dollar watch as well as on a $10,000 timepiece and yet people still continue to buy the more expensive models.I think Nokia said the same thing about the iPhone.
Except that wristwatches have existed for over a century and that traditional watchmakers sell products that go well beyond their functionality; you can check the time on a dollar watch as well as on a $10,000 timepiece and yet people still continue to buy the more expensive models.
Blackberry and Nokia did not care and look what happened to them.
Good luck, TAG Heuer. You have large and difficult mountain to climb with Apple at the very top of Smart Watch design. I'm always eager to see other companies try.
I don't know why these Swiss watch companies even care about developing smart watches. They don't need too. The product they produce is something completely different.
Watch people buy watches like shoe people buy shoes.
Do people not realize TAG Heuer and these other Swiss watches cost upwards of $10,000to $20,000 and up? They can't compete with Apple in the $350 to $500 range, otherwise they cheapen their existing products. There is a reason why only a portion of the population can afford a TAG Heuer or a Rolex, and the other portion can only afford a Kenneth Cole. Apple is targeting the $500 to $2000 watch crowd.