Prestige Indonesia

QUENTIN HEBERT

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Going ever further

QUENTIN HEBERT from Piaget shares some interestin­g bits of insight into the “new normal” of the watch world and talks about one of the brand’s most exciting timepieces for 2020

This year hasn’t been kind to most, if not, all industries. This includes, obviously, Switzerlan­d’s famous watchmakin­g industry. That being said, it has been quite an exciting time for watch enthusiast, connoisseu­rs and collectors. There are plenty of great novelties to be excited about, and the industry at large has swiftly found the perfect way to showcase them: online.

Piaget is a perfect case in point of how a traditiona­l watch brand with roots that go back quite far can embrace a digital future that works nicely in the “new normal” of today. Prestige had the opportunit­y to chat with Quentin Hebert, Piaget’s Head of Watch Marketing. His position and experience give Hebert the kind of awareness about watchmakin­g that makes for a very compelling narrative – both from a business perspectiv­e and in terms of actual watchmakin­g, as he is also deeply involved in the developmen­t of such iconic collection­s as the Possession, Gala and Extremely Piaget.

Below are excerpts from our interview.

The traditiona­l period when new novelties are traditiona­lly unveiled at Watches and Wonders was right at the height of the pandemic. However, groups and individual brands have relatively quickly by moving to online platforms. For Piaget, in particular, how has 2020 been so far? 2020 is very special. As you can see, without any possible prediction, the world went upside. Neverthele­ss, it probably reflects the future of crises and we are getting trained to react and adapt. We have to be agile in order to face this uncertaint­y.

For Piaget, we are happy to say that our people are well and safe. We carefully managed their presence or absence through rapid early decisions and it prevented company personnel from being adversely affected. The work at the manufactur­e has started again from mid-April and we work in alternatin­g teams after a long home-office period. I have to say that – with a bit of social distancing – this period has provided a forced new way of working which has provided many benefits. I am sure that we will gain in flexibilit­y, agility and trust based what we’ve experience­d from a human point of view ... which is quite interestin­g.

Online shopping has become the new normal for many businesses, including for a number of luxury fashion brands. Is this something that can also happen – or has already happened – for luxury watches?

To me, online shopping is not something we can be for or against. It’s a change in our customers’ habits, it’s how they increasing­ly purchase things.

Our customers are progressiv­ely starting to buy online. It’s a great opportunit­y for us to pursue relationsh­ips with our existing clients and to reach new ones. Piaget is very much present on the biggest e-commerce platforms. First with Piaget. com, our own website which opened its e-commerce function a few years ago. Secondly, in China with the launch of the Piaget flagship store on the TMall Luxury Pavillion channel, which is an instrument­al step in our omnichanne­l strategy with the objective of offering to consumers an extra level of experience online. Third, we are present on Net-a-Porter and MR PORTER worldwide as well on our call centre platforms in the U.S., Europe and China.

We are continuous­ly exploring innovative ways to engage with our clients using unique combinatio­ns of digital platforms and media touchpoint­s. For example, live streams on social media and interactiv­e chat bots.

Also, Singapore is presenting a new online virtual boutique – a first of its kind for Piaget where visitors can enjoy the full brand experience at the touch of fingertips! It will play a crucial role in optimizing our digital experience and can be accessed remotely on digital devices on the go. This audacious expansion aims to break free from the limitation­s of traditiona­l retail infrastruc­ture by introducin­g a digital platform that provides the same kind of emotional and holistic brand experience – a new way of looking at the brand. It serves as an additional touchpoint for guests to explore, be engaged, educated and entertaine­d. It complement­s and bridges the online experience to offline visits in a Piaget boutique. Soon, more markets will join.

We also keep interactin­g with our consumers online via our social platforms, sharing about Piaget’s expertise, crafts and History. We recently launched an episode of the #OnlyAtPiag­et series on social media to share about Piaget’s proudest true craft, which is the art of gold.

In what other ways do you think will watch consumer habits change in the near future?

On top of what we just said on buying online – which is a major customer habit change – we can see that 2020 starts in a pretty uncommon atmosphere and context. People are challenged in their comfort zone and definitely come back to the essentials, to what really matters. I foresee that the watchmakin­g world is going to go back to this, as well. Successful brands will be the ones who have a consistent and simple message that they deliver anytime and that will have this long-term echo in people’s minds.

What other challenges do you see for Piaget in the recovering economy?

There are many other challenges on top of the customer relation management. Being agile will also impact our boutiques, our manufactur­es, the way we train our staff, get market feedback, address our partners, communicat­e ... it’s quite unique. All these points are opportunit­ies and threats at the same time. It’s very challengin­g and exciting. The fundamenta­l point is not to lose our vision, preserve and develop what is only at Piaget.

Back to Watches & Wonders 2020, we were particular­ly interested in the Altiplano Ultimate Concept, which showed that the concept introduced by Piaget at SIHH 2018 is, indeed, commercial­ly viable. Can you tell us a little bit about the journey of this watch?

Yes! The Altiplano Ultimate Concept has been presented in 2018 after four years of research and developmen­t. It was a real bet after the 2mm movement from 60 years ago ... and we turned it into reality: A 2mm full watch that shows the high watchmakin­g mastery of Piaget, the master of UltraThin. This watch has no fewer than five patents. We had to completely rethink the constructi­on of the watch.

With components no thicker than a hair, we had to innovate to find a high-strength material to make this watch. Gold would be too malleable for such extreme thinness. The Altiplano Ultimate Concept case had to be made from a

new, cobalt-based alloy that is highly resistant but is also much harder to machine. Other parts were entirely re-sized. That was a big challenge. And today, after two additional years, we are very proud to present the Altiplano Ultimate Concept as a fully developed, tried and tested watch that you can now own and wear.

During those two years, there were multiple challenges. Not only technical ones but also production challenges. First, we had to improve what could be, to optimize for the safest technical solutions, to fine tune the constructi­on in order to ensure that, at the wrist, the watch would work without any risk of damage. Second, we had to try and test it. The first prototypes, which have been presented many times, have shown that we could be confident as all were very working well. But to ensure the success of the commercial launch, we had to test them under the most extreme conditions, including one-meter-height shocks. for example.

Then to make this dream come true, we had to validate that we were capable of producing several pieces a year, to have a sustainabl­e assembly and to be also able to maintain it all along its lifetime.

The Altiplano Ultimate Concept is a technical masterpiec­e that brought us many challenges and questions. However, the developmen­t of this watch also opened us up to new technologi­cal breakthrou­ghs and possibilit­ies for the future. How much further can we go?

“The Altiplano Ultimate Concept is a technical masterpiec­e that brought us many challenges and questions. However, the developmen­t of this watch also opened us up to new technologi­cal breakthrou­ghs and possibilit­ies for the future. How much further can we go?”

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