Now that the 2013 ST5 project is concluded, the committee feels that it's time to initiate the 2014 project. In the background we have already been discussing options and contacting different suppliers to see what is feasible and what is not. Apart from technical possibilities, we also have been looking at organisational issues. Our projects are getting bigger and bigger, and so is the amount of money associated with it. As none of us are in the watch business professionally, and we do not make money out of these projects, we felt it was time to look at the rules for each project to minimize the risks involved. We have drafted a document that after final review will be posted here explaining the rules and conditions under which everyone can participate.
At the moment we have four options available. I've included some pictures to give an impression of the style. Exact shapes, colors patterns, etc. all have yet to be determined.
a - square/tank watch with small seconds using ST16
b - world time using ST16
c - GMT using ST16
d - Chrono using ST19
One big consideration is minimum order quantity and price. For all types, we need to sell 200 pieces, where the price for the first three options will be between us$200 and us$250. For the chrono the price will be around $350-$450.
We know a lot of people are very enthusiastic about the suggested chronos in the concept discussions thread. Considering the total project price, 200 watches of $400 will make this an $80.000 project, we need to be sure that we get enough participation to get all watches will be sold. There is a lot of competition from cheaper ST19 chronos, which will make it difficult to get enough members to join. In order to go ahead with a Chrono project we probably will be asking a 50% deposit from the start which only will be refunded in case the project is cancelled. .
We would welcome any input on these suggestions. After we know the general opinion, we will proceed to making a style vote.
on behalf of the committee