^ The phone watch I had was like that one, although it was a little better. You didn't hav to hold it up to your ear, it had a pretty loud speaker in it. The thing is, you would never talk into your watch in public, it was just to embarrassing and everyone can hear your conversation. You could use a Bluetooth headset, but what's the point, I wouldn't wear one all the time therefor its easier to pull out your phone than pull out and fit your Bluetooth headset.
Phone watches have been around a long time now, there are literally hundreds of models ranging in price from $28 - yes , I really mean $28. Just go to aliexpress and search for phone watch, or watch phone.