Spend threshold for B/K/C

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#1,891
acrowcounted said:
The system doesn't keep a calculated "spend since last QB" metric. When they pull up your profile, some of the quick stats they will see are lifetime spend, spend for the current timeframe (calendar year), spend for the prior time frame (last calendar year), and number of QBs purchased in the current calendar year. From this, they can easily and quickly guesstimate how competitive your spending is but they don't break it down to before and after the moment of QB purchase so it frankly doesn't matter.

For example, if someone walks in as a first time client and decides to purchase a $75k watch on display and the SA is thrilled and offers a bag at the same time, obviously we wouldn't say that they got a bag with zero prespend and now have $75k prespend toward a next bag offer. But if a long time client who comes in every week and has a 2024 spend of $200k comes in to pick up a bag offer and sees the $75k watch and decides to buy it at the same time, the entire $275k profile will all be considered toward offer number two to some extent. Hope this makes sense.
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Just curious about the QB process:
1) how does SM allocate QB to each SA
2) how does SA decide, present and seek approval for the client to get the QB?

I understand prespend is the key (eg 3:1 at a competitive location) to an offer, but curious how much does “relationship” play a factor to this whole process
 
#1,892
careerhunter168 said:
Just curious about the QB process:
1) how does SM allocate QB to each SA
2) how does SA decide, present and seek approval for the client to get the QB?

I understand prespend is the key (eg 3:1 at a competitive location) to an offer, but curious how much does “relationship” play a factor to this whole process
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All of your questions are highly specific store/SM dependent. I’m sure some SMs have favorite SAs that might tend to get better bags. Or some favor the highest selling SA that period, or the longest tenured, etc. Once bags are assigned, SAs can also trade amongst themselves. Then the SA has to decide which client they want to nominate so it’s both spend and relationship. However, the SM has to approve and the SM cares a lot more about spend than relationship so ultimately it’s the main driving force, generally speaking. Also, some stores don’t assign bags directly to SAs. Instead they allow each SA to nominate a client for any bag and the SM deals them out from there.
 
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#1,894
I got my first offer last year (K28 noir) after 2 years over spending at a 1.2:1 ratio, where I visited monthly and spent anywhere between $200 - $1.5k per visit. I'm not a big spender and generally like to space out my purchases.

After getting my K28 last year I spent $6k so far in the last year but I've dropped off a bit this year at Hermes due to some personal issues and I haven't seen my SA since February. I'm thinking of getting back into it sometime soon and plan to spend some money on more higher ticket items than I normally spend (a necklace + watch, ~$5k each) but I also want to space it out. Do you think it would be possible to get a quota bag by the end of the year with my expected spend even with the infrequent visits?
 
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#1,895
authenticbbq said:
I got my first offer last year (K28 noir) after 2 years over spending at a 1.2:1 ratio, where I visited monthly and spent anywhere between $200 - $1.5k per visit. I'm not a big spender and generally like to space out my purchases.

After getting my K28 last year I spent $6k so far in the last year but I've dropped off a bit this year at Hermes due to some personal issues and I haven't seen my SA since February. I'm thinking of getting back into it sometime soon and plan to spend some money on more higher ticket items than I normally spend (a necklace + watch, ~$5k each) but I also want to space it out. Do you think it would be possible to get a quota bag by the end of the year with my expected spend even with the infrequent visits?
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Where do you shop?
 
#1,901
acrowcounted said:
The system doesn't When they pull up your profile, some of the quick stats they will see are lifetime spend, spend for the current timeframe (calendar year), spend for the prior time frame (last calendar year), and number of QBs purchased in the current calendar year.
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@acrowcounted this is super informative. Thanks for sharing. Do you know if the top line aggregate stats you mentioned are country specific or it’s a global system? I know QB is global. But what about lifetime spend for example? Is that global, country or store specific?
 
#1,902
Wanderlustfoodie said:
@acrowcounted this is super informative. Thanks for sharing. Do you know if the top line aggregate stats you mentioned are country specific or it’s a global system? I know QB is global. But what about lifetime spend for example? Is that global, country or store specific?
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Its not global and most systems aren't connected even for global QB at this point.
 
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#1,903
If you receive a QB offer and then purchase items that same day (homeware, shoes, scarf), does this count towards your next QB offer, or towards the prespend for the QB offer you were offered that day? For context, I was offered a QB last Friday and curious if that additional spend will go to my next QB, (once I submit a new wishlist to my SA). Thank you.
 
#1,904
dgreen101 said:
If you receive a QB offer and then purchase items that same day (homeware, shoes, scarf), does this count towards your next QB offer, or towards the prespend for the QB offer you were offered that day? For context, I was offered a QB last Friday and curious if that additional spend will go to my next QB, (once I submit a new wishlist to my SA). Thank you.
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Please see recent discussion here.
 
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#1,905
Hi all,

I’m at about a 1:1 spend for a B30 and my SA has already indicated he is actively working on getting me one. This would be my first QB as I started shopping this year only. I’m pretty consistent going in once a month and spending $1-2K each visit. For context, I shop at the WS location in NYC.

After I get this B30, I’m really only interested in a MK in terms of bags. If I continue my current pace of $1-2K / month, is there a chance I could still get a MK, say, within 2 years? Or is my spend too low per visit?

Any insight would be appreciated!
 
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