Whilst I'm sure there are MANY people that do spend £1000+ on watches, I would suggest this is far from the normal UK household.
Why do I say or think this?
A good question
Let me answer it this way, and see how you feel about my reply.
In the UK we have small jewellers that have a range of products, some reasonably priced as well as holding much more expensive items.
If you want something expensive and special, let's say a wedding ring, or high quality jewellery then you may go visit a small jewellery store.
From my experience, such places are not a throbbing and heaving with people type store, actually very quiet places, people only visit in general when they want that "something special"
Then you have the busy high street, and shopping mall stores, that ARE busy places. They also often stock high end items, but also stock lower end ranges for more mass appeal.
H.Samuel's
F. Hinds
Ernest Jones
And many others.
Now then, let's use a little logic on this front shall we
These above companies, and others, are in the business of selling many items across the UK to the majority of the normal population.
That's why they are in business.
They don't want to sell a couple of items per day to the passing managing director to wear whilst sailing on his yacht
So, logically they select, buy and hope to sell a LOT of items that are popular.
Their buyers are not going to go out and buy items the mass population are not going to buy.
In any business, if you want to see what's popular, and what sells, you look in the BIG stores selling items today and see what's selling the most.
What's popular, and, they will all day, every day be changing their stock and what they buy more stock of based upon the current market and what's popular now.
So, let's just take one of the companies I listed above. F. Hinds and their website, sorted by "most popular"
http://www.fhinds.co.uk/Watches/Men...yBJjUdrEFf1ZxPg8CqYfAlWJiDcxe48EsOUy+P3ldtg==
Also, note in the left hand column the price ranges, which shows how many of each watch in each of their price brands they have in stock.
Tells you a lot does it not?
I'm sure you could go to any of the other BIG name stores across the UK and find a similar result.
I'm glad you find it "hilarious" that people won't spend £1000 on a watch, and I'm sure there are many that will.
However, I would suggest that is a fraction, a tiny fraction of the typical watch buying UK population.
Either that, or you are saying that all these large stores spread across the UK, packed full of customers are all stocking the wrongly priced watches that no one is buying. Which I think even you can accept is, obviously not the case.
You can also, if you wish, deem all these stores as junk, and people who buy from them just poor people who know, no better. That's up to you also.
I stand by my view that your price you feel is typical is not a typical price that the majority or even a large percentage of normal people in the UK Pay right now for a watch.