Vacheron Constantin Makes Online Debut With $45K Watches

Vacheron Constantin Makes Online Debut With $45K Watches

Assessment

Interactive Video

Business, Architecture

University

Hard

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The transcript discusses a partnership with Vacheron Constantin to create a special watch inspired by a 1950s model. Only 36 pieces were made, selling for $45,000 each. The target audience includes art and vintage car collectors, typically young professionals with high disposable income. The company plans to explore more online sales and collaborations with legacy brands. The discussion concludes with a mention of Bloomberg's resources for luxury lifestyle content.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the inspiration behind the design of the watch discussed in the video?

A modern art piece

A Vacheron Constantin watch from the 1950s

A classic novel

A famous painting

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did Hodinkee choose to produce the watch in stainless steel?

To make it more colorful

To increase durability

To align with reader preferences

To reduce production costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the typical demographic of the audience interested in the luxury watch?

Young professionals in major metropolitan cities

Middle-aged professionals in small towns

Teenagers in rural areas

Retirees in suburban areas

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant learning for Hodinkee from selling watches online?

The importance of online reservation processes

The necessity of celebrity endorsements

The need for physical stores

The challenge of international shipping

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What future plans does Hodinkee have regarding their online sales strategy?

Discontinuing online sales

Focusing solely on in-person sales

Exploring more collaborations with legacy brands

Opening more physical stores