How Are Gray Market Watches Heavily Discounted ? Where Do They Get Their Watches ?

[@theoriginalaceofspades7829]

This is the best explanation of the grey market I have ever heard. Also, it's nice to hear this from the perspective of someone who isn't lobbying on behalf of manufacturers against consumers availing themselves of the deep discounts to be found in the grey market.

[@kermit4161]

Fed, great video...please do more vids on the industry! Thanks!!

[@FedericoTalksWatches]

Will do my friend.

[@jeankagian1505]

Yes! Please more industry insider vids.

[@juice4699]

Yes.

[@TimedSquare]

That "give me those 20 watches that don't sell well and 3 Daytonas" is pretty much in line with what I experienced when I was working in the music and media industry - the "ask" is just reversed. Radio stations want to broadcast big name artists before anybody else ; record labels allow them to, but only if they broadcast smaller artists from their roster as well. Super interesting and insightful, thank you! (Edit: by the way, none of this was confusing... it was crystal-clear!)

[@karamelahi2808]

FINALLY someone explains how these GM dealers buy their watches. I’ve been through many vids declaring how to approach the business, but they never go over how the inventory itself is acquired. Thank you!

[@tarekmabrook1369]

You are a respectable person that tells the truth , I learned alot from you , all the best merry xmas

[@kentsmith6269]

U

[@prestonwilliams710]

Wasn’t confusing at all. Very informative and educational. Thank you taking the time and effort to post.

[@christianblanche1569]

SIR Federico, this is TOP 3 BEST VIDEOS YOU EVER MADE ... this is something that 97% of dealers wanna keep behind the curtain 🤭🤭🤭FANTASTIC VIDEO 🔥

[@FedericoTalksWatches]

Thank you my friend. I mean I didnt really provide any secret information, I think if anyone really studied the situation it would be pretty clear. But i really appreciate that you enjoyed it my friend. Cheers!

[@bluequiltedness]

I happen to live near some industrial parks that have yards full of unsold new cars. There are rumours that the cars eventually get scrapped. Something similar happens with new fashion clothing that doesn't sell - it gets destroyed rather than being allowed to be sold on the market at a discount where it might bring prices down. Thank goodness there's a grey market for watches and perfectly nice, unworn Omegas and Breitlings aren't getting smashed to maintain scarcity/high prices

[@adrianmercs1803]

Great vid, as a watch enthusiast, business major, and retail employee, this hits me on all levels. Please make more vids on AD's and the industry in general.

[@elmekki1000]

well said federico and stop saying its confusing,it is not after you explained it.......that was very informative and we are waiting for new videos about the watches industry.thank you

[@ronnied13]

This is good to know, I was looking at an Omega and the AD hinted at a 10% discount, I know I can get it at the airport for 15% less. I guess I can be a bit pushier when I go to make my purchase knowing they have a bit more wiggle room

[@samsantiago893]

Thank you for the information I just bought a tag Hauer Formula One watch from a grey dealer I got a great price part of me was thinking is it real or fake but now listening to your video puts me at ease that I just got a great price! Thank you

[@migfed]

This is the kind of videos that are really worth watching. Great vid Federico.

[@mauriebarnes8272]

Complex issue simply explained! Thanks Fed.

[@khalid969]

Thank you for clearing that up. I've always wondered how that was possible - selling at huge discounts. One question if I may. On Chrorno 24, what is the difference between new and unworn watches?

[@chrissimone7887]

Fed, every horological enthusiast youtube channel brings something of themselves to a perspective audience. What you bring is honesty, integrity, & industry insider insight. Not only should you continue to produce videos with said ‘insider info’ but you should make it constitutive to future content. IMHO.

[@danielguadian2716]

It wasn't confusing at all Frederico...I think other retail businesses sometimes suffer the same problems, there's always wheeling & dealing going on...thou your little packages can be quite pricey...you did a great job of explaining...

[@porcuzburator8778]

This is a very good explanation and not confusing at all unless one misses half their brain. Thank you!

[@edhammond6911]

I found it very useful and just subscribed. It really wasn’t hard to follow. I think you are underestimating the intelligence of your viewers. Thank you

[@andrewsignore4595]

Wow! I just received a Luminox watch that I verified was authentic, but I was confused as to how I was able to buy it at such a discount from an online retailer. This video was outstanding, explaining the various ways that the gray market can sell authentic watches at discounts. Thank you for spelling this out in simple, easy to understand terms.

[@nitrokyosho]

Very nice video my friend I just bought a Brietling 46mm navatimer Bo1 movement with exhibition back for $6200.00 new from watcmaxx free shipping no tax the same model at lux bond and green is $10,050.00 now I understand how they sell so cheap, thank you every one thought I was getting fakes from china.

[@MichaelAndersen_DK]

I'd really like more from the inside. This was really informative!

[@salspec3381]

This was very useful and informative. Thanks.

[@jasonhudson4239]

Very well explained. I imagine if you clicked on this video you had a few notions on how it was done so all we needed was a clarification not a back to basics instructional. Great job!

[@clk25120]

thanks for the industry insight, not far from other mass market retail products

[@AlwaysBolttheBird]

You keep saying it was a confusing video but honestly the way you explained it was very easy to follow. More industry videos would be awesome

[@jkim010100]

100% makes sense. Not confusing at all. You explained it perfectly. Its business 101. These watches are not coming off the back of a truck to fill the entire grey market. Manufactures, ADs, Distributors are making and selling new watches. Not hanging onto old stock that goes down in value. the 2018 model was replaced by 2021 model. is the AD going to have the 10 2018 models in the showroom? ADs want the latest models on display. Grey market is where 4-10 year old models go to get sold.

[@ejp75]

Great explanation thanks Federico.

[@levcki]

Good informative video , I just purchased a Omega Seamaster from my local AD at 34% off retail the watch was $8000 new and it came with Omega 5 years warranty as well the AD was no longer being Omega dealer and was very aggressive with prices , but I always wonder how come the Graymarket never offers warranty through the original manufacture but they offer their own warranty which I’m not a big fan off ?

[@rarts2000]

very interesting, educational above all thanks Federico

[@cristylovejones]

Very informative and something every collector should know. Thank you for sharing!

[@robertsullivan4773]

You did a great job explaining the topic.

[@arthurjin0722]

Really appreciate it. More of these insider video please.

[@mCblue79]

Very enlightening and well explained. Good vid!

[@JusttheWatch]

Always wondered about that, makes sense now, thanks!

[@faustinosaizar3985]

Thanks I've been purchasing on the gray market for a while. Now I understand

[@marceauratard6869]

With the exception of Rolex, (maybe Patek, but that is out of my price bracket) it is very hard to understand why anybody buys from an AD. The 30 minutes you spend in the AD being complemented by the staff can literally cost you thousand of dollars. It would be cheaper to hire an actor to pick up your watch from Fedex, hand deliver it with white gloves, set and fit the watch, and spend half an hour telling you how handsome you are.

[@eyeheartsushi2212]

Del Corbett That last part is very important: you can price haggle with ADs. You can’t do that online.

[@robertsullivan4773]

You can offers a price on a few online sellers these days. I did it with a navitimer going for 6k I hit the make and offer at 5k and they excepted it. I ultimitly backed out when they couldn't tell me how old the watch was. I got the impression they were getting the watch from a third party.

[@ovaissiddiqui9837]

With exception of Rolex I have always received a good discount with AD. The recent exception was the IWC boutique in Dubai, so I went to an iWC exclusive AD in another mall and got the discount I wanted. The next upside is with the AD duty free, combined I have been able to buy some new pieces at ‘unworn’ nearly new prices on the internet. Then of course you can get the nice services and some goodies too 😁

[@robshipinski5545]

With regards to Warranty not buying from an AD will not void the warranty or prohibit you from the warranty. Hi The warranty lies within the Watch not from where you buy it. U.S. laws prohibit practices like this.

[@bobcortez4427]

@@FutureWarlordOfHomestead Who cares about warranty? If I am saving two or three thousand dollars (or more) on the purchase price, let it break, I'll have it fixed for a thousand bucks and still save money. I never once thought about a warranty when buying a grey market watch. In fact, if you are spending $10k on a watch and have to think about what a repair may cost, you can't afford the watch.

[@billfisher1999]

Great insight into the inner workings of the induatry

[@DavesWatchLove]

Very informative, Federico. Thank you. No, it wasn't confusing. Not because the subject matter isn't confusing, but because you explained it well.

[@nikolaykutsev8560]

A really useful video, Federico! Thanks a lot!!

[@ChronoGuys]

Fed, think you explained it so well and not fuzzy or confusing so really great video super informative and spot on!

[@reinaldoreyes5631]

Great video. Best part is not passing judgment on the issue, like most do! Let the people be informed and decide on their own.

[@dfzurichch]

Vintage 1970 Seiko WorldTime. Can you talk about it black dial. Thanks

[@martinsbriglio8948]

Great video . Informative.

[@tods.9947]

This is really terrific work Fed! Thanks for the insiders’ take on all of this.

[@nwordpassifyousub2303]

Hey fed, all the watch channels ( your by far my favorite) always mention how to buy a watch the correct way, but most people don’t know what that means, so if we can pls get a video on that topic it would be awesome. Thanks a ton for all the videos

[@FedericoTalksWatches]

Hi sam, Sure, I will make that vid, thanks for the kind words and useful idea.

[@nwordpassifyousub2303]

Federico Talks Watches thanks so much

[@tripnfallshow]

Excellent explanation. Very eye opening.

[@andymci5981]

Federico..your best video ever!! It will help us watch buyers to know how far we can push a discount when face to face with an AD. Knowing these margins and some clever observation of their body language and i bet most ADs will discount more than most people think. I bet the ADs dont like Federico talks Watches!!

[@rawim]

Thank you for the video. I for one do enjoy the industry insider videos.

[@thewatchguyinc.7429]

Federico, this is a great video! Keep up the good job bro!

[@TheGrimPeeper]

Love this super interesting video

[@anthonyperry3699]

Wonderful video! Thanks for sharing the info.

[@treehouse722]

Very informative, thanks for posting.

[@jessmankhor4123]

You​ are​ right​ on​ alot​ of​ points, I​ am​ in​ the​ Cosmetic​ industry and​ I​ buy​ up​ out​ of​ season​ inventory​ and​ distribute it​ at​ lower​ prices​ to​ resell​ers.​ Still​ one​ needs​ connections to​ the​ brands​ and​ suppliers to​ get​ stock.​

[@rainerbuechse6923]

Great stuff, thank you! It is always good to understand the dynamics of the industry.

[@thc152]

Great video. It helped me better understand how things worked

[@mrwpc09]

Thumbs up for another great video Federico, thanks for the insight! More insider vids on the industry would definitely be appreciated.

[@OldManTimeAudits]

Very informational video thank you it definitely explains a lot about the gray market area which is confusing and you did break it down very good keep up the good work my man. Another Avid watch collector

[@burkebaalim438]

The best video on watches I have ever viewed. I have been a collector for less than 10 years But I just learned a whole bunch of great shit from you right now. Thank you.

[@nikekoh6100]

best explanation ever!

[@oxysoxos]

Very insightful information. Thanks Fed. You provide real value here.

[@aes8881]

Great info Fed, highly appreciated

[@leesfitnessunlimited]

You have great content sir! Very helpful. Thank you.

[@umad3592]

This is a true learning channel for people such as myself getting more insight into watch 🌎.

[@danieldelorme4021]

You have done a marvellous job explaining how it all works! Thank you! ;) It actually makes sense now!

[@alimamuk]

Fed, fab video, great insight into industry... love to see more of them in future...keep it up

[@worldtraveler8372]

Excellent and informative video

[@STW1964]

I found it a good video Fed. You have this experience, that is why you have so many subscribers. I would like to see more industry insider info.

[@Archer335]

Great topic. I didn’t find it convoluted. It’s basically about money. I’d love to know more insider stuff like this - like which grey market dealers to trust. Thanks for posting!

[@spikew8673]

I actually think it is very well explained, thanks Federico, keep up the awesome vids.

[@cjack202003]

Bought a fresh new Omega AT 150m, newest model, for $3575 on Jomashop. It retails for $5500. Basically, 65% off. It won't lose much value from $3575. I feel I made a good purchase.

[@usmcgrunt02]

You got 35% off. Not 65%.

[@semperfidelis1550]

Awesome video, very educational!…Cheers!

[@marcgoldbergdogtrainer]

Nice analysis!

[@thrasherx9319]

Amazing insights. Very helpful and entertaining.

[@David-ej1ps]

great explanation, glad it comes from someone who worked in the watch industry and a lot of what you are saying makes financial sense and is similar to what clothing companies do

[@franksanchez1974]

Yes, more industry insider videos. Thanks!

[@lacroix6323]

Awesome video ,thanks for the explanation.

[@charlesconnaughton7292]

your comments are like a breath of fresh air

[@balazsgalambos4458]

Great video,thanx for explaining

[@Andy-ih5kh]

Excellent video, Federico! More like this please.

[@henrycheng9199]

love this! please do more of these videos!

[@denniskwok7613]

I loved this video. It offered a great insight into how the relationships between the ADs and manufacturers work. More please!

[@jimsy5530]

37% for an AD, the manufacturer is making far more mark-up than that. I remember taking a case of Cartier to a magazine for a shoot... the insurance documents were fascinating. Ticket price vs what they were insured for were eye-opening, and they weren't under-insured.

[@airborneSGT]

Great video and easy to follow!

[@WNYfellow]

Good video - not confusing at all - useful information!

[@gotwic6220]

Its easy to understand, thank you very much 😊

[@tkdrob1111975]

Thanks Fed! Love the insider info! Will help me be a better consumer.

[@zachmeade3732]

This video was extremely informative

[@lawrencehammersley4945]

You did a great job It was very useful

[@shahanshah7622]

Very useful, great video fed

[@8regi8]

Quality content, Frederico That was one of the useful videos I recently saw on yt. Please keep up the great work!

[@menaseven9093]

Great information about were the Gray Market dealer get their watches. Nice to know that the profit marin of the AD is between 37 to 50%.

[@JasonJohnson-bc4jy]

Great video. I appreciate your industry insider knowledge you are willing to share.

[@rayquintanilla614]

Great info! Always good to get a little knowledge behind the subject. Thank you!

[@FedericoTalksWatches]

thanks ray!

[@JoeGiz64]

Great informative video Fed...as always.

[@barbarojaaudio3281]

Great video man!

[@MostlyBlindMitch]

Excellent video, great insight on the industry and glad you touched on the domino effect of brands leaving dealers. Hope for more of these industry video's!

[@vanini5945]

One of the most interesting videos! Thank You, Federico!

[@jean-paulrenaud6329]

Great video Fed, finally a good explanation. Please make more industry insider videos. Happy Holidays!

[@roderickjackson4046]

Super Duper Content!!🎉 And I followed you just fine 🌟