Why is Rolex better than Tissot?

In the realm of luxury watches, Rolex and Tissot occupy two distinct positions, yet comparisons are often inevitable. Could you elaborate on the key factors that make Rolex stand out as the preferred choice over Tissot? Are we looking at the craftsmanship, the history, the brand recognition, or perhaps the long-term value retention? How does Rolex's commitment to precision and innovation translate into a superior product offering? And what are the specific instances where Rolex watches have excelled, demonstrating their superiority over Tissot? Understanding these nuances could help us appreciate the nuances between these two brands and why Rolex enjoys a more esteemed position in the market.