You do realize how much the internals of most watches cost? Right? It has almost NO relation to how much they are sold for. Watches are mostly sold as a piece of jewelry, so the profit margins are totally insane compared to most commodities, like a computer. You can make more profit selling a $1000 mechanical watch than a $1000 computer.
You're telling me that someone is going to buy a cheap plastic watch for $1000? No, of course not. A $1000 watch would have the price justified in some way. Whether it be having actual jewels on it or made by hand. I'm not sure why this is so hard to understand. You have to justify the price. You can't just assert something is "jewel" and therefore it's okay to price it up, either. There has to be something that gives incentive to it. And if you are just buying a crappy plastic watch for $10,000 just because, then you're getting ripped off. If it's not made by hand, if there's no diamonds or any other real expensive items in it, if it's not made out of any precious metals, then paying high prices is unfounded.
Millions and millions of people buy +$350 watches that can only tell you the time and the date. Nobody is going to /r/Watches+ and saying they are all getting ripped off. They buy what they like. Even though Android Wear or Apple Watch has billion times more functionality than a mechanical watch.
Really? You're going to straw man my argument now?
What the fuck are you talking about? Do you know anything about market economics?
Ah, great. Take my quote out of context and bring up an irrelevant point to dodge my hypothetical.
Your straw man arguments are ridiculous.
HA! You quite blatantly straw manned me! I quoted you word for word. You're just calling straw man to dodge my criticism of your ridiculous argument.
And yet you think that mechanical watches have a "justifiable price" even though the hardware isn't even close to the selling price. If you get a simple cheaper Rolex without gold or diamonds or other premium materials, you're going to spend $3,000-$5,000.
Why, yes. If the watch is just a regular old cheezy watch and has absolutely nothing to justify its price, it's a ripoff.
But I listed several things that can be used to gauge price, and you just pick and choose which ones I said and pretend all the others don't exist when convenient to straw man me.
When I mentioned functionality, you argue that watches have low functionality yet are priced high. When I mentioned hardware you argued that watches have low hardware and are overpriced.
Stop with these ridiculous straw mans. Seriously, there's more than one fucking thing that justifies the price of a device!
Do you realize that when it comes to fashion, like jewelry, clothing, and even some wearables, the price and the "specs" aren't the only things that matter to everyone.
Nope, it does matter, to everyone. The word "specs" means "specifications". Is a tattered old shirt from the trash heap down the street a "fashionable" as something from a name-brand created by a famous designer? Is faux perls as classy and fashionable as real perls?
Of course not! Because of the specifications. The name-brand shirt if probably well made, produced by a famous fashion designer, and uses quality material. The real perls are real, meaning they actually cost more.
These are specification and they are important.
And you used mechanical watches as an example where the price is justifiable, when it is one of the most outdated things out there.
You're using "outdated" in a very strange sense. "Outdated" means that there's a better iteration of the same product. Mechanical watches are in the category of their own. They aren't "outdated" unless you're using a sundial.