How Profitable is Selling Luxury Watches? Let's Talk Numbers | GREY MARKET S1:E3

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New Grey Market Episode: "My Plan to CRUSH $130 Million in Sales in 2024"
• How I'm Going to Sell ... -~-
This week on GREY MARKET I take some customer calls, get a visit from a fan & customer for some repair work, and of course, have some fun calls with our friends @NicoLeonard & @grandcaliber9999.
Some amazing new watches get delivered to the office, I give our new sales guy Alex some feedback and go over his numbers for last month.
I also have a monthly meeting with my execs about our sales figures for last month, our goals, and how we're going to reach them. A constant battle in our office is Wholesale vs. Retail and things are about to get messy.
Next week on GREY MARKET sit in on one of our partner meetings where things are known to get crazy!
📱 Text me @ 215.234.3497
📞 Call my office @ 215-791-8203
👥 Facebook Group: Facebook.com/groups/greymarket
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Ana ► watchanna.lb
Alex ► watchalex.lb
Nick ► nickoftime.lb
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#romansharf
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Опубликовано:

9 май 2021

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Комментарии : 595

@RomanSharf 3 года назад

Anyone catch the bloopers at the end?? 🤣

@jameshyres633 3 года назад

Love your content bro I’ll be buying my watches from you soon

@dinendredissanayake314 3 года назад

Reality TV gonna come knocking soon!

@mikem.1233 3 года назад

moreeeeee

@MiloTupy 3 года назад

Dude! I love this show! Best channel on RU-vid.

@auau. 3 года назад

I'm gonna look out for them. Are you watching the euros 🙂 football (not soccer) 😅🥳

@nolanreed7090 3 года назад

38:56 I lost it with the delivery of, “that is a beautiful outfit right there, Michael.” Then watching Michael, with less than a handful of watches, carefully sizing up those boxes. “...I’ll be back for those.”

@hushhushhomerun 3 года назад

Man these are made like a TV show. Big thumbs up.

@wahidjavid51 Год назад

you guys missed at 56:00 anna saying he needs to be up my a**. lmao 🤣

@chriswilson9186 3 года назад

This is better than most reality shows on tv and I'm learning about a business I have no connection to but it's fascinating!

@nmilli7796 2 года назад

I’ve watched a bunch of watch sellers on RU-vid and I have to say Roman is the most genuine by far. You can tell that he is just a good dude first and foremost, watches aside.

@keepleft 2 года назад

59:23 Some good insight into the margins of the industry in this section. Based on the given data, "$1.1 mill" in wholesale revenue vs "$558k" in retail rev, "27%" overall margin, and only "$59k" more profit (assuming gross) on the wholesale side. You can work that out to about 25% margin on the wholesale sales, and about 35% margin on the retail sales. Good to know when you're negotiating with your dealer.

@cnoevo99 3 года назад

Michael’s outfit killed me ! There should be a separate segment on “what is Michael wearing today!” Gold.

@Mr-Flo 3 года назад

Hi Roman, can you add when the people speak their names & their role? Especially in the grey box.

@benjaminrivas2831 3 года назад

Good idea

@sarahconner9433 3 года назад

Rich people will always remain anonymous

@benjaminrivas2831 3 года назад

@@sarahconner9433 no he mean the employees names and roles

@sarahconner9433 3 года назад

@@benjaminrivas2831 ohh your correct.. Thank you....check out " Trax NYC going in on ben baller and Greg the jeweler"

@benjaminrivas2831 3 года назад

@@sarahconner9433 greg the jeweler has a good content of watches and she deserves more suscribers

@Sim_baah 3 года назад

At least you arent on here raising money in a pnozi scheme way for your new store and Richard Mille on credit!!!! One of the only legit real Watch channels left

@MoAli-wm4of 2 года назад

Who was doing this lol

@tajtahmeena8635 2 года назад

@@MoAli-wm4of timepiece gentlemen

@MoAli-wm4of Год назад

@@tajtahmeena8635 this comment aged well lol ... The hate for that dude seems to only have grown... I've seen a few vids posting evidence of his shiesty dealings and overall I agree with those saying he's got a shitty attitude. He had to raise money to replace that 1.5M loss from that robbery in LA, which I think I heard somewhere was not fully insured, resulting in a big L ..

@chexnfx7161 Год назад

@@MoAli-wm4of they’re not bad guys. I’ve had a great experience with TPG buying. That fundraising thing was bogus, but I don’t think it was malicious in intent. They have phenomenal customer service and I can only recommend based on my experience.

@raashidnaik9570 3 года назад

A recurring theme I see with Roman is despite the fact that he runs a $100 million company, he has a sense of humility and doesn’t let his emotions get the better of him. You deal with a lot of egos in the luxury business and it takes a lot of composure to keep a cool head. Also, a lot of business schools fill your head with this idea that management is a philosophy. No, this guy gets his hands dirty and you can tell he understands every aspect of his business. If the shipping department was short staffed, he’d roll up his sleeves and work there if he had to. I hope he writes a book.

@johnnguyen7171 3 года назад

The 8 people who gave a “Thumbs Down” are Authorized Dealers.

@georged822 3 года назад

Roman that was the best "week in the life" episode I had ever seen on ANY watch channel. Keep it up, love how you have give background info about your colleagues, and have overarching story lines, it makes it super interesting

@MrVolsman69 2 года назад

I’ve recently found this channel, and have instantly became addicted. Mainly bc Roman is like the most legit guy I’ve ever watched. Just the way he does business, the way he treats his employees/customers, and even the way he is a boss to his employees is one of the most impressive things I’ve ever seen. After you watch just 1 episode of this channel, you can see exactly why this guy is so successful. Just so beyond impressed.

@sc2thrashmetal 3 года назад

That cop is definitely high on ice lmao

@DaKid27 3 года назад

Great video. You can see how popular these videos are where people can really see what it is like to run a business like this. Really enjoyed the conversions about retail vs wholesale and it will be interesting to see how this goes going forward.

@mpikers 3 года назад

This series is the best thing on RU-vid. Please keep it going!

@alphaking2110 3 года назад

Nico is the wolf of wallstreet of the watch business. He hittin that coke double lines before doing a videocall

@benjaminrivas2831 3 года назад

Great Alex you're doing well, keep that feeling and passion to work.

@alexserrano1153 3 года назад

I appreciate you 🙏

@ajhummer2266 3 года назад

Automatically like this video before watching it, I have that much faith in Adrian and Roman!

@angellondian7628 3 года назад

Same

@carnagie85 3 года назад

Same here 😆

@TheTownWatch 3 года назад

Always!

@jblack1979 3 года назад

Definitely

@Danny-bc8ol 3 года назад

Love this new series and the collaborations with TPG, Nico and watch Eric, you guys are killing it

@TheBossEntrepreneur 3 года назад

Nico always look like he did more coke than Pablo 😂

@degree33 3 года назад

Assuming he's from Nethterlands he's using some other substances

@AmandaIrwin2022 3 года назад

@@degree33 he lives in Belfast NI

@KD-dl5gv 3 года назад

@@degree33 We don't just smoke weed, we enjoy other substances too.

@jameshyres633 3 года назад

Ohh u kno these guys party hardddd I use to hustle on 47 st it’s part of the culture

@KD-dl5gv 3 года назад

@@jameshyres633 ?

@hmd6202 3 года назад

45:08 Roman: Hustle doesn't stop, new month you're at zero Alex: I've been living my life like that...while wearing a $900 Balenciaga hoodie!! This kid Alex is the best!!

@ixspectre 3 года назад

@Aly O what brands are worth the quality?

@DGRWPF 2 года назад

it's a rep

@SonniTheDog 2 года назад

@@DGRWPF yea I noticed that too

@marktrett1652 3 года назад

Congratulations on 50k subs, your channel has exploded in recent weeks. Took me a while but I’ve seen every single video you’ve ever produced. Keep up the great work, love it 👌

@hazminahamed5508 3 года назад

Roman has been so long in the game he knows what requires to do!!! This is too good - Roman and co. are producing a bloody Netflix show, this is very interesting as oppose to others. Well done guys!

@carlos-bc5uo 3 года назад

Love the series. Glad it's a weekly thing. Thank you

@spiritedguy2 3 года назад

Really enjoy the editing, backstory, personal view, side comments, such great added value to get everyone's insight. Your desk camera is soft focused on you and targetting the pictures on the wall, really Roman I never thought you were the kinda person that needed to use diffuser filter to hide the wrinkles...haha

@carlospedroso9319 3 года назад

I can spend my entire hours watching your Chanel over n over again, great content..🙌

@JM-jv6cb 3 года назад

Dude very great show. Love to see logistical issues and the other members of your team. It’s like getting a open back watch; to watch seeing the gears tune in your company. Great show... other member of your team are the jewels that keep your gears working. Behind the scenes is the way. Your movements are decorated and well placed. Continue to continue.

@Perogiii 3 года назад

Don't even need to watch the video to give a like.... And I rarely gave likes ever but this and Timepiece Gentlemen got me!

@randyjimenez3849 3 года назад

I wonder how much times a day he says” I’ve been doing this for 18 years”😂😂😂😂

@jeffbizzle694 3 года назад

I mean, that's def something I'll say all the time too. That's an accomplishment and he has all the bragging rights he deserves, he work for it so he can say whatever the fuck he wants.

@ebymathews9071 3 года назад

Today he said "having done this for 19 years "

@imMATTure 3 года назад

I been a piece of dogshit for longer sooooo

@nickdefreitas 3 года назад

I been said this on another vid. He is relentless in reminding ppl, it's a bit of reflex at this point. At least he changed it up and said 19 years one time lol.

@thewatchcommunity5894 3 года назад

Next year the big " 20 years "

@thruawt23 3 года назад

Still grinding and working for my first watch! You and Anthony are the best watch mogul channels on the whole RU-vid! Keep doing what you’re doing guys!! ❤️❤️

@tsoioleg 3 года назад

Thanks Roman for few points I got from your video conversation with Nico. I sell German made luxury product and you got me thinking about possible mistakes we are making chasing a sale and losing perspectives of what we represent.

@jasonnutter2047 3 года назад

I can’t tell you how much I am enjoying your day to day videos of business in your world, Roman. Im a big fan of watches, and you, as well. Your professionalism and knowledge are inspiring to anyone who owns any kind of business. I follow many of your fellow RU-vid Channel enthusiasts, and some of the others do not speak well of others in your industry. I admire how you treat everyone, with whom you have contact. Excellent content and huge congratulations on your success. I would enjoy a bucket list visit to Luxury Bazaar someday for a purchase. Cheers mate!!

@nightnola 2 года назад

“The customer is not an interruption of our work, the customer is the REASON for our work.“ ❤

@maxlyca230 3 года назад

I could watch 3 hours of this, please do longer cut 🙏🏻

@giovannifulk9642 3 года назад

1:03:37 of awesomeness! And the best part no ads ✅...... Wootwoot

@nimishchawla6679 3 года назад

That client call... it almost sounded like Kevin O leary

@robertdouglas9345 3 года назад

Awesome! Video! Great to see a real company and not just a puffed up flipper! You are the Man!

@malcolmalexander5246 2 года назад

BRILLIANT video. Nice to hear the detail and the way you will get there. can't wait for the next one.

@victordasilva5255 5 месяцев назад

Adrian is one of those people I just didn’t like from the get go. I stand by that.

@linkedzas 3 года назад

Watching Adrian's facial expression changed a lot during the deal discussion is so funny.

@luerllc9373 3 года назад

Roman! We love ya here in GA. Keep making these videos please. You are a role model for many of us ! Lou

@AKhan.28 3 года назад

TV show quality seriously. Y'all are killin it. watch the subscriber count go crazy now. About time tho y'all been doing this for a while!

@thewatchcommunity5894 3 года назад

Awesome content... you make it feel like one watching is part of the crew, I let it run on my tab, while I am trading. GF is happy to know that she does not need to hear about watches since I get my daily dosage worth here !!!

@BristolEngland 3 года назад

Damn my head is spinning!! Loved seeing how Roman runs the business, truly amazing and driven bunch of people! Would love to be part of the team but I’m across the pond as they say! Anyway, back to my 8-6 job as a god forsaken traffic warden!! (Hangs his head in shame) I’m currently thinking about starting up a business with my best friend and I hope we can make a success of it like Roman and his team 💯

@charliehargarten9650 3 года назад

Your videos are probably the biggest education I have now 👍

@badimark2976 3 года назад

Love the insight into your business Roman. Makes me want to switch professions. Your definitely a very fair boss, I can imagine it’s good fun working for you.

@bernsveden1 3 года назад

Wow!!! now you are taking it to another level, loving it!!! and please let us get to know Michael!!

@fedor6595 3 года назад

Thanks for this Roman & team.

@moee4000 3 года назад

Great job you guys , the videos are getting greater and greater every week.

@panthon78 3 года назад

this is good enough to be a NETLIX reality series - good Job guys!.. keep it coming!!!

@ImJordyYT 3 года назад

I just wanna say this content is amazing and keep it up. I'll be tuning in again next week!!

@markdd2142 3 года назад

Groundbreaking look at the watch business. Love it.

@block21438 3 года назад

This day in the life episodes are the best keep em coming

@chicodominicano 3 года назад

Man, I wont be surprised if you guys get picked up by History channel or one of those for a show.

@KD-dl5gv 3 года назад

I think Roman has a better chance of getting picked up, way less look at me and agression.

@mustafakazi1978 3 года назад

Love the way you dol business and deal with people immaterial they do business or not with you...you have your head right on your shoulders....It would my pleasure to meet you someday....and btw your watches are just amazing

@curiousCat1712 3 года назад

These episodes are awesome. I sincerely enjoy watching them. Thank you 👍😊

@bentremy 3 года назад

Awwwww shiiiid. I binged watched the other 2 episodes yesterday. This dropped right on time.

@rayjonassen9076 Год назад

That GT performance bike takes me back to being a kid, that bike is so fucking awesome.. Man the memories that we forget and then get brought back to the light are sometimes bad, but ones like this that are awesome just makes my day. Awesome bike man, great taste

@mikewalsh1616 11 месяцев назад

Funny how Adrian’s stance on Roman’s peace’s never changed

@elrondonetorulethemall6986 3 года назад

Love the content Roman, really inspiring and educating. Regards from Switzerland!

@kylena7533 3 года назад

That Patek is beautiful. It reminds me of a Zenith Elite Moon Phase Ultra Thin, which is pretty much my favorite watch on the market right now.

@StarofDavid616 2 года назад

I love Sales and i love Watches. Time to rethink my career.

@kanytonaan5594 2 года назад

That's a nice 10usd green fruit of the loom sweatshirt with some writing on the chest. This guy knows how to live a frugal life.

@adamlowe2075 3 года назад

Why have I just found this series. This is amazing. I would kill to work with these guys .

@paullemann5329 3 года назад

Man my dream is to work for a company like this unfortunately in Australia you don’t get much opportunities just constant learning about the watches is so freakin cool love it good job Roman.

@MoAli-wm4of 2 года назад

You need to be in Melbourne or Brisbane and the opportunities are there ... Waiting to be found by You .. best of luck my man

@MTbone7 3 года назад

This is the way to do a blog in the watch biz, great show. Other than having to watch nico, really enjoyed it

@costar155 7 месяцев назад

"Is sideways" Anna had me rolling, 👍❤️. Pura Vida

@jeffbizzle694 3 года назад

Roman, like you're just an awesome guy man...like I wish to have a friend like you..

@blind.screen 3 года назад

Keep doing it Roman, its a truly joy to watch! спасибо за контент!

@JeremyHaynesTraining 3 года назад

Love these episodes, thank you for making these

@toddlevin 3 года назад

Hi Roman: The Patek 5207P that recently sold at auction for $1MM you mention was a *piece unique* made by Patek for (and owned by) Sultan Qaboos Bin Said, former Sultan of Oman - with a unique one-off special all platinum bracelet. A 'normal' PP 5207 should sell/auction for well under under $700,000 - all in, including auction house premium (and one, still new in box, just sold for that amount at Phillips)... Best, Todd Levin

@johnfrei9057 3 года назад

Nico nailed it: You guys deliver a better customer experience than so many ADs. And if you want the watch and you have the money, you get the watch. That’s not gonna happen with an AD in most cases.

@bentremy 3 года назад

This is so true

@MrGMT1992 3 года назад

I switched from listening on my phone while running errands. To treating it like a TV show watching it on the couch off the big screen. Absolutely a game changer.

@jaypaladin-havesmartswilll5508 3 года назад

Great behind the scene exchange of business owners getting to a consensus to be successful.

@Greggieboy76 3 года назад

Best episode yet guys! Loved the insight into the strategy, I hope we get to see that partner meeting :-)

@sergiopulido5145 3 года назад

these vids are amazing. keep them coming!

@flashjazz7800 2 года назад

Hi, Roman. Just a suggestion. I would recommend using a barcode inventory system, this would allow you live logistics on all your inventory, repairs and pending. If you need some help setting it up, I can help. Love your show.

@eshahn4415 3 года назад

Love this segment of the chanel. Keep it coming!

@jblack1979 3 года назад

Really enjoy the new shows hope they keep going!

@samhdz5347 3 года назад

These gray market episodes are the best!!

@phillipmeacham 3 года назад

These are great. Such good watch channels now. Roman the OG

@Jam15125 3 года назад

Roman with the original duck camo 90s. Favourite sneaker in my collection respect bro

@joonhowloke7114 3 года назад

love this series and that ending 😂

@Cartello_Diamante92 7 месяцев назад

When I finally make it. You guys are my 1st stop. Getting that gold AP and a red dial yellow gold Rolex with diamond bezel. And maybe even a champagne dial yellow gold presi