Quite often the origin of the watches found on grey market websites is the brands themselves, a fact that will leave some people scratching their heads. John Keil, a man with expertise in the watch retail business, explains that the source of these bargain watches is a surprising one, that speaks to the core of how challenging this problem is to overcome. Grand Seiko has the lowest markup: 13 percent on average. As you can see, the markup varies greatly brand by brand. The majority of luxury watch buyers generally consider themselves financially savvy folks, yet the majority of the bragging online is about the strength of their AD relationships, not about the bargain they picked up on Why is it these money-focused deal makers choose to spend more at an AD, than cash in on double-digit savings from a grey market site? Image: The average dealer markup for a pre-owned/gray market watch is 27 percent. Jaeger-LeCoultre TAG Heuer Display all The Leading Marketplace for Luxury Watches Since 2003 4. Why do watch brands allow themselves to be undercut on price?Īll of these are fair questions the answers of which are often challenging to find.How do these sites get the watches they are selling?.Why would I buy from an Authorised Dealer if this is so much cheaper?.This leads to several questions about the broader mechanics of watch retail, and the watch grey market: Luxury Bazaars Grey Market Magazine covers everything related to grey market. Price Point: Less popular models can sell for 20-30 less than official retail prices. Plus, they offer easy payment schemes, such as credit card payments. That said, you can easily browse their watch collections. The catch is, no matter where the watch gets sold, it’ll add to the advertisement profit. If you buy from a gray market source, you don’t know when the watch was made or what happened to it in its journey between points. If you’re browsing online and find a watch with 40 percent or more off, the chances are that it’s probably a product of the Grey Market. In the business of buying and selling authentic timepieces for the past 11 years, we offer you the most popular luxury watches with significant savings. How do GREY market watch Dealers Get watches A lot of gray market watches are sold by dealers with excess inventory. If you’ve ever looked to buy a watch on the internet, you will have invariably come across grey market watch websites offering a surprisingly good deal on the watch you are interested in. Convenience: You can find gray market watch dealers typically deal online. Some Grey Market dealers have contacts with authorized dealers and can actually order or demand a specific watch. I/trending 12610 RECOMMENDED READING: The watch grey market isn’t black and white Nick Kenyon

Grey market watch dealers