The Glossy Podcast
Week in Review: Talking watches with guest co-host Quaid Walker of Bezel
Dec 8, 2023
Quaid Walker, co-founder and CEO of Bezel, joins the podcast to talk about the watch industry. They discuss falling luxury watch prices, watch brands embracing brick-and-mortar retail, and the future of the primary and secondary watch markets.
25:00
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Quick takeaways
- Fluctuation in luxury watch prices is attributed to the growing interest in watch collecting and factors like COVID, making watches popular collectibles.
- Watch brands are increasingly embracing brick-and-mortar retail to provide an immersive brand experience while considering the need for a seamless digital purchase experience.
Deep dives
Fluctuating Watch Prices
The podcast explores how watch prices have fluctuated over the past year. It highlights the high prices in 2022 when Bezel, an authenticated watch marketplace, launched, followed by a subsequent drop in prices. The discussion suggests that despite the market drop, the growing interest in watch collecting has led to increased demand. The speaker speculates that factors such as collectibles' popularity during COVID times and the allure and mystique of watches contribute to the fluctuation in prices.
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