TIC TOC: How To Make Money Selling Watches
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About this ebook
Tic Toc is an all inclusive introductory look into the world of buying, selling and trading high line watches. This guide will walk you through all you need to know to make the right watch purchases so that your purchase can be leveraged, worn and then sold for a profit.
The idea of Tic Toc is to become your introduction into the world of timepieces and act as a reference tool for industry tips that can help you take a competitive advantage over other dealers.
Regardless of whether you simply enjoy wearing high line watches, or are looking to start a part-time revenue stream on the side, this guide will show you all the basics you need to know in order to get started.
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8 ratings1 review
- Rating: 4 out of 5 stars4/5nice like the ideas. thanks will try them all. love it
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Book preview
TIC TOC - Secret Entourage
TIC TOC!
How To Make Money Selling Watches
Secret Entourage
Copyright © 2012 by Secret Entourage
Smashwords Edition
This eBook is licensed for your personal enjoyment only. This eBook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please purchase your own copy. Thank you for respecting the hard work of this author.
All rights reserved. No part of this book may be used or reproduced in any manner whatsoever without written permission, except in the case of brief quotations embodied in critical articles or reviews. Please do not participate in or encourage the piracy of copyrighted materials in violation of the author’s rights. Purchase only authorized editions.
Table of Contents
INTRODUCTION
UNDERSTANDING THE WATCH MARKET
Precious Metal Market
Currency Impacts
Timepieces vs. Watches
Commercial vs. Boutique Watches
It’s About What’s Inside
Gray Market Watches
Replica Watches
High Value Re-Sell Brands and Model
Danger Brands
THE BAZAAR: GATHERING INFO, TESTING MARKETS AND RESOURCES TO LOOK AT
Where to Start
The Buying Power
Where to Buy?
Who to Buy From?
Trust Your Gut!
Examples of Deals Made
THE RESELL
Who to Sell to?
Payments
THE CONTACTS
References, How to Build, Hold and Leverage Them
The Circle of Resources
IT’S JUST BUSINESS
Fear of Losing Money
Emotional Decisions
Cost of Doing Business
Time is on Your Side
Make Your Time Count
Turn Your Hobby into Your Career
GENERAL TIPS
INTRODUCTION
The world of timepieces is quite fascinating and has grown significantly in the past decade. Beginning from a period where the watches themselves are much more complex to build, to the distribution now being more retail based and more readily available than ever before. Buying a watch or timepiece is almost along the same lines as buying a car and can be quite confusing as prices can go up and actually mimic the cost of a car. Similar to the car industry, there is a watch industry, and it’s growing everyday as there is good money to be made buying, selling and trading watches, yet it’s much more complex than car buying on every level.
The idea of TIC TOC is to become your introduction into the world of timepieces and also act as a reference tool for industry tips that can help you take a competitive advantage quickly over other dealers. Understanding the ins/outs of the industry is great, but understanding what makes a few people major profits and makes others lose big time is even more important.
This book will walk you through the basic concepts of the watch industry including the best brands to buy and avoid, including how to make the trades work in your favor. We break down industry Dos and Don’ts and even cover most of the scams out there that create issues for rookies and beginners. We will show you specific examples of past trades and buy/sell opportunities we have personally experienced and the different profits/losses associated with each.
Understanding the buyers, sellers and traders gives you that competitive advantage as well as helps you stay in business. Therefore, we went as far as compiling some great tips from some of today’s top used watch dealers that have had successful proven track records in order to help guide