If someone told you that selling luxury timepieces could make you thousands of dollars a month, would you believe them?
What if the guy said you could wear a Rolex, Omega, or Audemars Piguet and then sell it for an profit?
Is this too good to be true? That’s what you’re probably thinking… that’s why you’re here.
This review will look at Watch Trading Academy to find if it is truly the best watch trading course out there.
You’ll find out if watch trading is the right online business for you.
But before we get too deep.
Watch Trading Academy is a sales training course that promises to show you how to earn a 6-figure income by being a “closer”.
In other words, taking sales calls for high-ticket coaching programs.
Honestly, it’s not a bad premise…
If you’re looking to trade in one job for another, with even less security.
Ok, all snark aside, sales isn’t a bad industry. Salespeople are always in demand, and – if everything is aligned – you can earn a good to great income.
Unfortunately, that relies on everything actually working properly. And in 99/100 organizations, that’s just not the case.
The biggest problem with being a “closer” is that – no matter how much money you make – you’re entirely at someone else’s mercy. If it’s not your program or your business, then your income can always be taken away.
The second biggest problem is lead flow/quality. The average no-show rate for most coaching programs is 50-70%. That means if you get 8 calls on your calendar per day, 4-5 of them won’t even show up. In other words, half your day (and half your potential income) is wasted.
The third problem is the actual commission rate. Now, this isn’t actually a problem, except that most of these training programs tell you you can land a $1,000+ commission check every day.
The thing is, the average commission rate for an online coaching program is $500. So, to hit that $1,000 commission, you’d have to close at least two sales a day.
But if 4-5 of your calls no-show every day, that means you have to close 2 out of 3/4 calls. Giving you a 50-75% close rate. And frankly, if you’re that good of a closer, you should have your own training program.
The final problem here is consistency. Sales is and always has been a cyclical industry. You’ll have great months and terrible months. If you can stomach that, great.
But what if, instead, you could have a consistent stream of income with a reliable amount of cash coming in every single month?
What if you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Being on the phone all day
- Wasting hours of your life when people no-show
- Trading your time for money
- Financial stress during a bad month
- Letting someone else control your fate
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day chasing prospects and reciting the same sales pitch over and over again?
If that sounds like something you’d be interested in, check out Digital Leasing.
However, if you’d still like to know more about Watch Trading Academy, keep reading.
What Is Watch Trading Academy?
Pejman Ghadimi’s Watch Trading Academy is a step-by-step program. The course teaches you how to profitably buy, sell, and trade luxury timepieces.
According to Pejman Ghadimi, once inside the course, all you need is $1,500 in cash for your first luxury watch, a phone or laptop to look for offers online, and access to the post office for delivery to make thousands of dollars and a return on investment.
Watch Trading Academy is an upgraded version of his previous course, Watch Conspiracy. The reason behind his rebranding is unknown.
His watch trading strategy is simple. He claims that if you buy a $1,000 luxury watch and aim for a 20% profit on resale, you’ll end up with a $200 profit from just one sale.
After you complete your first deal, you will complete another trade for another $200, and the money will continue to grow this way.
You’d make $1,000 per month if you only traded five times per month. You can’t possibly make only five deals each month if you can do more than five trades every day, can you?
This business strategy has the advantage of being less competitive than others such as affiliate marketing, dropshipping, eCommerce, and others. The only thing left to do to make money selling watches is to look for great deals online and hustle.
He has also been trading watches for 15 years and has proven himself an expert in his field. This adds to his money online generating guru status in selling watches.
Who Is Pejman Ghadimi?
Pejman Ghadimi is a serial entrepreneur and the New York Times bestselling author of Third Circle Theory and Radius.
Over the past 20 years, Pejman has established many trade businesses, including exotic car trading and luxury watch trading. He even made money on his websites, Exotic Car Hacks and Watch Trading Academy, by teaching people how to start and operate a profitable trading business.
He has mentored over 36,000 students worldwide through his online classes and tutoring.
Pejman has publicly disclosed his company’s revenue in 2018, which totaled $68 million, to establish that his claims are true and that he is not a fraud.
The idea of trading expensive timepieces did not appeal to him at first because he was not a big fan of watches. But he observed a big demand for luxury watches, with people willing to pay hundreds of thousands of dollars for them, so he began to enter the market and provide what people wanted while making millions for himself.
How Does Watch Trading Work?
Now we’ll look at what’s included in the course, and I’ll break down each section for a complete evaluation.
This program is divided into three parts and does not include the bonuses that Pejman offers as part of the course.
Trading Academy is divided into three sections and has many bonuses.
Here’s a breakdown of what you get:
Part One: Market Research
This section is rather simple and teaches you how to look for timepieces.
Check the pricing of luxury watches sold on Ebay’s sold section.
You will also learn about many forums where you can figure out pricing.
Part Two: Authenticity
The market for counterfeit watches is huge.
Replica buyers account for over 30% of the watch market; they want to appear rich without actually being rich.
As a result, there are a lot of fake watches on the market.
Part Two teaches you how to avoid being scammed and how to know whether you’re purchasing is not a fake watch.
This includes documents proving the watch’s authenticity as well as information on how to determine whether a vendor is legit or not.
Part Three: Selling
This section was a letdown because there wasn’t much training.
You’re taught simple strategies like taking good photos of the watches and advertising them on eBay, watch forums, and watch marketplaces.
You’re also told to copy what other successful watch traders are doing.
Bonus One: Private Facebook Page
With thousands of members, the Facebook group is rather active.
This is where you can get answers to your inquiries as a member.
You’ll also be able to connect and form business collaborations. This is, without a question, the best way to study.
Bonus Two: Real Life Replica Examples Demo
This bonus will teach you how to inspect timepieces to guarantee they are authentic and not fake.
The only problem with this is that some reproductions are so good that professionals have difficulty telling them apart from the real thing.
So, while there are certain common red flags to be aware of, there are others that you will almost likely never be able to spot.
Bonus Three: More Than 250 Case Studies
One of the most enjoyable features of Watch Trading Academy is this.
You’ll get access to real-world case studies from Pejman and other members who make money selling watches.
You can imitate what you see other people do.
Bonus Four: Watch Over The Shoulder Negotiation
In bonus four, you’ll see Pejman searching for and negotiating the price of a watch.
Bonus Five: Most Profitable Watches Cheat Sheet
There are many timepieces available, and you may be unsure which one to choose.
This bonus cheat sheet will show you the top ten trade watches and which are ideal for newbies.
Pros:
- Earning potential – If you enjoy collecting watches, this may be a fun hobby for you.
Cons:
- High cost – $997 is an expensive price for a course, and there isn’t enough training here to warrant it in my opinion.
- It’s hard to make a lot of money- you have to spend $50,000-$80,000 a month on watches in order to earn $10,000.
- The refund policy isn’t the best – you have to wait 14 days to receive your money back.
Can You Make Money With Watch Trading Academy?
Yes, you can! It can be a profitable side hustle for an avid watch collector.
But…
There’s a lot that comes along with watch trading that many people struggle with.
Now, don’t get the wrong idea…
It’s not impossible to make money with watch trading, but if you’re gonna put in the amount of grueling work to do this business (which, trust us, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.
Is Watch Trading Academy A Scam?
So, is Watch Trading Academy a scam? Not technically. You can make money with this program, and if you want to take the first step into the world of online business/marketing, this isn’t a bad way to go.
But at the same time, sales is a job, not a business. You’re not going to reach time freedom or financial freedom if you’re always trading your time for money.
Remember, there’s a good chance you’ll be spending most of your day on the phone.
However, since you’re looking at a 50% no-show rate, you’ll also have a lot of dead time. And that’s time you can use to build a more reliable, more passive income stream.
What if you could use a couple hours a day of free time and your reward was a $500 to $2,000 payment that came in every single month?
What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Leasing.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.
Is Watch Trading Academy Legitimate?
Watch Trading Academy is a legitimate company. The data and information here can be used to start watch trading.
However, when it comes to starting a business, you have a lot of options.
And even if you’re dead set on becoming a watch trader, you’ve got way better options than Watch Trading Academy, from my view.
Please keep in mind that I am not paid to promote any of the programs I review. I believe that watch trading is a good business model, but you could end up losing a lot of money.
What Is My Top Recommendation For Making Money In 2024?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Leasing is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.
Why?
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: As a commission salesperson, you don’t own anything. You have no control over lead quality, commission rates, or even your time.
With Digital Leasing, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income as a salesperson, you’d have to double the number of calls you take OR double your close rate. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
5) Make Money Helping Real People: This part is what makes it all worth it. As a salesperson, your boss might convince you that what you’re selling improves people’s lives, but in reality, you have no control over what happens once they fork over the money.
But with Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Watch Trading Academy which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.
