yoyome
Posts 10
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Fake Richard Mille Watches
<strong>BEST SALE RICHARD MILLE RM 39 RM 39-01 AUTOMATIC FLYBACK CHRONOGRAPH AVIATION E6-B MEN WATCH</strong>
Item No.: RM 39-01 AUTOMATIC FLYBACK CHRONOGRAPH AVIATION E6-B
Case Size: 50 mm
Case: Titanium
Strap: Rubber
Movement: Automatic
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Here is an example for a more practical interpretation of these mind-boggling figures. If a company buys an ébauche for 100 francs it then has to finish the movement, manufacture or buy the case, the dial, the strap, spend on marketing, develop and maintain the distribution system, finance research and development - and the list goes on and on. The point is that all of these expenses are to be amortized and hence are added to the cost of purchasing a blank movement. Ultimately all these expenses and the company's profit margin sets the export price of the finished watch. Going from a 100 franc ébauche to a 1000 franc export price is easy!
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Okay, so ETA sold 0.767 billion francs worth of parts, ébauches and movements to non-Swatch companies. These companies then exported 7.5 billion francs worth of watches. This still gives us that previously mentioned 10% level, and considering all those different costs we just mentioned above, it is safe to say that during the late '90s and early 2000s, the entire industry relied more or less on ETA.
It seems then that everything was perfect in ETA-world. However... it was this extreme extent of centralization that soon became one of the greatest problems for Nicolas Hayek and the group itself. While this excessive re-structuring undoubtedly helped them to recover and gain momentum, ETA's significance within the industry soon proved to be much, much too large - and by the time they realized this, it was already too late. You'd have every reason to think that such a dominant position is a good thing, but it actually is something against which the Swatch Group has been fighting for more than a decade now. Here's why.
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edited by yoyome on 1/19/2016
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