Abstract
The prices of luxury goods are soaring. Among them, the price of luxury watches fluctuates considerably. Some styles are even out of stock for a long time. This article analyzes the reasons for the large price fluctuations of luxury watches by comparing different watch brands and types. The data in this article mainly comes from watch buying and selling websites. Watch prices can fluctuate for 3 reasons. The first is that the relationship between supply and demand determines the rise and fall of prices. Secondly, the relationship between retailer sales and scalpers also contributed to the volatility of watch prices. Finally, ordinary consumers buy watches from oligarchic merchants at higher prices, which also causes watch prices to rise a lot.
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