THE CLICK My Wrist Missed LOL !!!!

ANANT BHAI IN HIS HEAD - THEY WILL BE CALLING ME ROYALITY ...........THEY ??? YOU AND ME OBVIOUSLY .

As We all are aware - Anant Ambani gifts his friends $200000 = Rs 1.67cr gold watches .What a PR sir ji ???? ese koi watch dikhata h kya ???

??LETS SEE THE THINGS FROM MY WAY BRO ,,,, Your Finance Bae mindset sees it likewise beyond the Symbol of Richness. Here we go !!!!

Absolutely! The luxury watch market is fascinating and operates uniquely within the domain of affluent individuals.

Here are some key points about how it works:

Market Overview

1. Status Symbols: Luxury watches are often seen as status symbols. They represent wealth, success, and sophistication1.
2. High-Quality Craftsmanship: These watches are typically handcrafted using premium materials like gold, platinum, and high-grade stainless steel. The craftsmanship and attention to detail are significant selling points1.
3. Limited Editions: Many luxury watch brands release limited edition models, which adds to their exclusivity and desirability1.

Key Players

1. Swiss Dominance: Switzerland is the leading producer of luxury watches, with brands like Rolex, Patek Philippe, and Audemars Piguet being some of the most renowned2.
2. Global Market: While Switzerland leads, other countries like Germany and Japan also have notable luxury watch brands2.

Consumer Behavior

1. Affluent Buyers: The primary consumers are high-net-worth individuals who view these watches as investments and status symbols3.
2. Customization and Exclusivity: Wealthy buyers often seek customization options and exclusive models that are not available to the general public4

Marketing Strategies

1. Targeted Advertising: Luxury watch brands use targeted advertising in high-end magazines, exclusive events, and sponsorships of prestigious events like yacht races and polo matches4.
2. Celebrity Endorsements: Many brands use celebrity endorsements to enhance their image and appeal to affluent consumers4.

Toh apna Gujarati choro kitno tej niklo che hahah ....

Celebrities often sell their watches through various channels, leveraging their high profiles to attract buyers. Here are some common methods:

1?? Auction Houses: High-end auction houses like Sotheby’s and Christie’s frequently host auctions featuring luxury watches owned by celebrities.

2?? Trusted Dealers: Celebrities may partner with reputable watch dealers who specialize in luxury timepieces.

3?? Online Marketplaces: Platforms like eBay, Chrono24, and specialized watch forums are popular for selling watches.

4?? Social Media: Some celebrities use their social media platforms to announce sales or auctions of their watches.

5?? Private Sales: High-profile individuals often have networks of other collectors and enthusiasts.

These methods help ensure that the watches are sold securely and often at a premium due to their association with a celebrity.

Are you interested in buying or selling a luxury watch?

Well there exits the new modern attractive way of selling valuable by such high end individuals

Have you ever heard about- NFTs are unique digital assets stored on a blockchain, which can represent ownership of physical items, including luxury watches. So beyond aforesaid mentioned ways the celebrities can sell their watches through NFTs (Non-Fungible Tokens) now a days in much less hustle.

NFT marketplaces like OpenSea, Rarible, or specialized platforms. Buyers can bid on or purchase the NFT, which grants them ownership of the digital representation and, often, the physical watch itself.

This method leverages the growing popularity of NFTs and blockchain technology, providing a modern and secure way to sell high-value items.

Several Indian celebrities have ventured into the world of NFTs, launching their own collections and making significant sales. Here are a few notable examples:

Amitabh Bachchan: The Bollywood legend sold an NFT collection that included the recitation of his father’s iconic poem “Madhushala,” autographed posters of his films, and other memorabilia. His collection was highly successful, with the “Madhushala” NFT alone selling for $756,00012.

Salman Khan: The actor partnered with BollyCoin, a Bollywood NFT marketplace, to launch NFTs related to his film franchise “Dabangg.” This collection included film clips, signed posters, and character art

Rajinikanth: The Tamil superstar launched an NFT collection featuring moments from his 2007 film “Sivaji: The Boss” in collaboration with the NFT marketplace Diginoor.io2.

Manish Malhotra: The renowned fashion designer released NFTs of his digital fashion sketches, which were well-received in the NFT community1.

Several popular NFT platforms in India cater to a wide range of digital assets and collectibles.

1.WazirX NFT.

2.Colexion.

3.Kalamint.

4.BollyCoin.

These platforms provide a diverse range of options for both creators and collectors in the Indian NFT space. Are you interested in exploring any specific platform or type of NFT?