![]() Official resellers can get tied down with unwanted stock, unable to purchase new collections until they liquidate old stock. They’re made in the same factory as the watch you see on the brand’s online store. If it were illegal, we’d be talking about the black market. It’s important to note that the gray market is legal. It is not authorized by brands, and difficult to control. These get sold to consumers at a fraction of the original asking price. Gray market products are sold outside the distribution channel that was agreed upon by the brand and official resellers. Tech-based solutions to counteract the gray market.How brands are affected by gray market watch websites. ![]() Gray market watch websites provide consumers with big discounts and benefits.It’s sleek websites with original luxury watches for sale, at an asking price that’s up to 40% less than what luxury watch brands are offering. It’s not a watch dealer on a street corner flashing watches from the inside of his trenchcoat. Brands are spending big money and time into looking for who’s responsible and what can be done, because it’s not illegal. And in many cases, legitimate partners are breaking their distribution agreements. The products sold are legitimate, but the seller is often not. With online discounts of up to 40% on original Swiss-made watches, it’s no surprise that the gray market watch business is booming.Ĭonsequently, luxury watchmakers are shifting in their seats. Today’s luxury watch collectors have struck luck luxury watches are now more affordable and easily purchased online.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |