Watch Trading Academy: Scam or Legit? [2022 Reviews]

If you have been looking for a way to make money online or start an online business, then you have probably heard of flipping watches to make money.

Watch trading academy is a course that offers training on how to do this and in this review, we are going to go into details concerning what this academy is all about, how it works and whether or not it is the right business model for you.

Before I start…

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Watch Trading Academy Review

Table of Contents

What Is Watch Trading Academy?

Watch Trading Academy is a step-by-step course that teaches you how to buy, sell, and trade luxury watches.

This academy offers members the inside track of which watches are best to trade, how to easily and consistently identify scammers & fakes, where to sell reliably and even how to forecast market trends.

Once you join the course, there are only three things needed to make thousands of dollars and a return on investment from it;

$1500 in cash for your first luxury watch
a phone, or a laptop to search for deals online
access to the post office for shipping.

This business model of selling watches is less competitive than eCommerce and affiliate marketing.

Speaking of eCommerce, I’ve encountered a platform like Retail Ecommerce Ventures by Tai Lopez and a course like eCommerce Empire Builders that give you an in into the world of ecommerce.

Who founded Watch Trading Academy?

Pejman Ghadimi is the founder of Watch trading academy. According to his prfile, he is a self-made entrepreneur, philosopher, author and the creator of the wealth transfer methodology

Over the last 20 years, Pejman has built a multitude of businesses ranging from a one-of-a-kind investment firm that focuses on alternative asset management known as 1 OFF Investments to a series of online education businesses including Secret Entourage, Exotic Car Hacks and Watch Trading Academy.

Exotic car hacks is the first and only financial & automotive educational platform of its kind and it basically trains entrepreneurs how to buy and sell luxury cars while giving insight on financial loopholes, insurance tips & tricks and real market value.

Secret Entourage is a road map for self-made entrepreneurs as it teaches them various skills on how to become a successful business owner. It sounds a lot like Andrew Tate’s Real World, formerly known as Hustlers University.

Watch trading Academy was initially known as Watch Conspiracy before it was rebranded. Pejman says he founded the company after he recognized a high demand for luxury watches, with individuals prepared to pay hundreds to millions of dollars on them.

He took that opportunity and decided to make a business out of it. Pejman has been in the watch trading business for 15 years and now has over 36,000 students globally.

Ghadimi provides a simple strategy for selling the watches. He claims that if you buy a $1,000 luxury watch and aim for a 20% profit while reselling, you can make a $200 profit from just one sale. This means that if you make five sales, then you earn a $1000 profit.

In 2018 he disclosed the company’s revenue at about $68 million. That stands to show that the business is legit.

How Does Watch Trading Academy Work?

Pejman Ghadimi offers a pretty straightforward strategy for flipping watches. Within the course, there are three main parts that teach you how to become as successful as him:

Market Research

In this part of the course, you are taught in detail how to properly search for good watches and how to figure out the pricing,

All you need to do is to visit eBay, peruse the Sold section, and examine the prices of the luxury watches that have been sold. This way, you will have an idea as to the average prices of watches.

Furthermore. you can also look at various forums which discuss watches. You can ask around and interact with forum members as to get some primary sources of information from watch traders and enthusiasts.

Authenticity

For a watch trader, one of the major concerns when flipping watches is counterfeit watches. The reason why the counterfeit watch industry is doing so well is because there are a lot of people in the world who are looking for replicas of luxury watches as they cannot afford the genuine ones.

There are therefore a lot of fake watches around and traders need to be wary of them.

This section shows you some tips and tricks that you can do to identify whether the watch is authentic or not.

This will prevent you from being scammed and you can use it as a consulting service opportunity.

It also covers different ways to make sure that everything is legit, from the seller’s profile, the watch pictures etc.

Selling

The last part of the course is about how to sell the luxury watches, especially on eBay. Pejman teaches you the basic strategies of selling watches on eBay that are highly converting.

Taking quality pictures of the luxury watch and posting them on eBay with a caption that ensures what you are selling is legitimate as well as some writing strategy for your luxury watches.

He also mentions to market these watches and not just rely on eBay for the main traffic source. Other alternatives marketplace of selling high-end watches are on the luxury watches forum and Facebook marketplace if you are targeting local buyers.

There is emphasis on modelling what other successful watch traders are doing to sell their watches as luxury watch trading is constantly evolving.

Bonuses

There are also a few bonuses included in the course. These are:

Private Facebook Page

Watch Trading Academy has a large private member-only Facebook group with over 7500 people in it.

With this group, you can seek any advice from other experienced members of the course on any inquiry that you have regarding the course or selling luxury watches.

You can also ask for some price estimation for a specific type and brand of watch.

It is an excellent way to build connections and network with other luxury watch sellers

Real Luxury Watches Replica Inspecting Lesson

With this bonus, you can have a better understanding as to how you can check the authenticity of the watches you are selling.

You will be exposed to luxury watch replicas that are too hard to differentiate from authentic ones and Pejman will demonstrate ways that you can inspect them by pointing out common traits that make the watches fake.

In this way, you can avoid getting scammed.

Case Studies

There are over 250 case studies in the course and most of them are from students that have successfully made profits selling luxury watches.

In this bonus, you can learn a few things on how they made their sales, from researching to how to sell the watches.

Over The Shoulder Negotiation

Here, you can observe as Pejman looks for watches and negotiates the price in this bonus. You get the experience of seeing him work firsthand, which is quite advantageous.

Most Profitable Watches Cheat Sheet

From this cheat sheet, you will know what type of watches and brands are best to make a profit.

With it, you can focus on what to find and what to avoid because there are many luxury brands out there and as a beginner you might not know the mist profitable brands.

How much does Watch trading academy cost?

In order to join this course and become a successful watch trader, you will need $997 to pay for the courses.

For $997, you will have access to the following content :

Lifetime access to the complete watch trading academy platform and resources
Step-By-Step video training on how to make money trading watches
Access To Pejman Ghadimi himself and 7500+ private members-only Facebook group
Tools and resources including best watches to buy, target pricing cheat sheets, trusted sellers etc.
Access to our archive of 100s of case studies and extensive watch buying guides

Fortunately, they provide a 30 day action-based money back guarantee. To qualify for a refund, they must verify that you completed the course and you must provide proof that you gave your best effort. “Buyer’s Remorse” does not qualify for a refund.

How to join Watch Trading Academy

To join this course, all you have to do is visit their website and click the huge green button saying ‘Yes I’m ready to become a member’

After that, you will be required to give your first name, last name, email and desired payment option. Once that is done and you have accepted their terms and conditions, you can now become a member of Watch Trading Academy.

Watch Trading Academy reviews

Watch trading academy has received a 4.7 out of 5 star rating in Facebook, most of the reviews coming from students who became successful watch traders. They have not been rated on the Better Business Bureau or Trustpilot.

Frequently asked Questions (FAQs)

Is Pejman Ghadimi legit?

Yes he is. He has been in the watch trading business for 15 years and he recently disclosed the company’s revenue which came to about $68 million.

This shows that both him and his business are legit.

How long is the course?

It’s broken up into three different training modules: market research, authentication and selling.

There are also a few bonus courses entailed in the training. Compared to other online training courses, it is not that long.

Is watch trading academy recommended for beginners?

If you have money, yes it is. You do not need to have worked in the watch business or be a watch collector to join this course. It is especially helpful for beginners as you learn all you need to know about this business model.

Pros of Watch Trading Academy

It is a less competitive business model compared to affiliate marketing and eCommerce
It is comprehensive for beginners as they give step by step training on how to make money flipping watches and selling them on eBay and other marketplaces.
Simple as it requires zero ads knowledge and marketing skills

Cons of Watch Trading Academy

The course is quite expensive as it costs $997 therefore those who cannot afford it can’t be a part of it
A high capital is required to start your business(you’ll need around $1500)
There is no guarantee that you would profit from selling the watches therefore you could end up losing more than you earn.
There is nothing special about the training as most of the training on selling watches is basic information.
It is not a necessarily passive source of income as it would require you to be vigilant as you look for profitable watches to buy & sell, plus trying to find buyers for the watches.

Conclusion

Selling watches online appears to be worthwhile if you have an interest in watches but if you are looking for a stable source of income and haven’t got enough capital to get started, this is definitely not it.

You would require a high capital of $1500 to start and $997 for the course. This is too much money to bet on as it is not guaranteed that you will earn enough to recover the investment.

Furthermore, it is not necessarily a passive source of income and requires a ton of effort if you really want to make money with this business model. There are a number of alternatives online that can definitely help you make more especially when you haven’t got the resources to get started in this line of work.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

David Fortune

David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.

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