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

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How Are Gray Market Watches Heavily Discounted ? Where Do They Get Their Watches ?
In today's episode of Federico Talks Watches I talk about the watch industry and gray market watch dealers. How do they get their watches? How do they discount their watches? Where do they come from? Hopefully I will shed some light on these questions in tonights episode.
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Пікірлер: 531

@theoriginalaceofspades7829 5 жыл бұрын

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 5 жыл бұрын

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

@FedericoTalksWatches 5 жыл бұрын

Will do my friend.

@jeankagian1505 5 жыл бұрын

Yes! Please more industry insider vids.

@juice4699 5 жыл бұрын

Yes.

@TimedSquare 5 жыл бұрын

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!)

@christianblanche1569 5 жыл бұрын

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 5 жыл бұрын

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!

@karamelahi2808 3 жыл бұрын

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!

@adrianmercs1803 5 жыл бұрын

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.

@prestonwilliams710 5 жыл бұрын

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

@marceauratard6869 5 жыл бұрын

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 5 жыл бұрын

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

@robertsullivan4773 5 жыл бұрын

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 5 жыл бұрын

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 5 жыл бұрын

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 5 жыл бұрын

@@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.

@tarekmabrook1369 5 жыл бұрын

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

@kentsmith6269 3 жыл бұрын

@clk25120 5 жыл бұрын

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

@JusttheWatch 5 жыл бұрын

Always wondered about that, makes sense now, thanks!

@denniskwok7613 5 жыл бұрын

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

@ChronoGuys 5 жыл бұрын

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

@treehouse722 5 жыл бұрын

Very informative, thanks for posting.

@mauriebarnes8272 5 жыл бұрын

Complex issue simply explained! Thanks Fed.

@jasonhudson4239 5 жыл бұрын

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!

@arthurjin0722 5 жыл бұрын

Really appreciate it. More of these insider video please.

@robertsullivan4773 5 жыл бұрын

You did a great job explaining the topic.

@tods.9947 5 жыл бұрын

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

@cristylovejones 5 жыл бұрын

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

@edhammond6911 5 жыл бұрын

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

@alimamuk 5 жыл бұрын

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

@8regi8 5 жыл бұрын

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

@MostlyBlindMitch 5 жыл бұрын

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!

@A_Eichler 5 жыл бұрын

Well explained and easy to comprehend. Indeed, fascinating. Love your channel, Fed!

@rarts2000 5 жыл бұрын

very interesting, educational above all thanks Federico

@salspec3381 4 жыл бұрын

This was very useful and informative. Thanks.

@rainerbuechse6923 3 жыл бұрын

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

@ejp75 2 жыл бұрын

Great explanation thanks Federico.

@saadabdullah4245 5 жыл бұрын

Best explanation ever. Thank you so much federico

@henrycheng9199 5 жыл бұрын

love this! please do more of these videos!

@cruepprich 10 ай бұрын

Very insightful. Thanks so much!

@umad3592 5 жыл бұрын

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

@moeaziz82 2 жыл бұрын

Fantastic video! Thank you .

@danieldelorme4021 5 жыл бұрын

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

@bobnieser170 Жыл бұрын

Great video! Thanks!

@vanini5945 4 жыл бұрын

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

@samsantiago893 5 жыл бұрын

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

@MichaelAndersen_DK 5 жыл бұрын

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

@martinsbriglio8948 5 жыл бұрын

Great video . Informative.

@mrwpc09 5 жыл бұрын

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

@aaronpaustian4 3 жыл бұрын

Very interesting. Appreciate the vid

@marcgoldbergdogtrainer 5 жыл бұрын

Nice analysis!

@oxysoxos 5 жыл бұрын

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

@FrankFerrell1234 5 жыл бұрын

Awesome video. Thanks for posting it!

@anthonyperry3699 3 жыл бұрын

Wonderful video! Thanks for sharing the info.

@tkdrob1111975 5 жыл бұрын

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

@migfed 3 жыл бұрын

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

@e11even_05 5 жыл бұрын

Extremely useful Federico. Thank you for sharing your experience and for creating such amazing content. Keep up the great work 👍

@mohammedmamu5425 5 жыл бұрын

quality content. great insight. much appreciated.

@balmoral2472 3 жыл бұрын

Thanks for the explanations - lots of interesting insights.

@AlwaysBolttheBird 5 жыл бұрын

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

@mCblue79 3 жыл бұрын

Very enlightening and well explained. Good vid!

@JasonJohnson-bc4jy 5 жыл бұрын

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

@Andy-ih5kh 5 жыл бұрын

Excellent video, Federico! More like this please.

@airborneSGT 5 жыл бұрын

Great video and easy to follow!

@bobmilo2786 5 ай бұрын

Awesome and informative video

@paulbelopolsky7460 5 жыл бұрын

Thanks for the video. Very interesting and I would definitely be interested in more of these types of videos.

@reinaldoreyes5631 5 жыл бұрын

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

@elmekki1000 3 жыл бұрын

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

@lacroix6323 4 жыл бұрын

Awesome video ,thanks for the explanation.

@aes8881 3 жыл бұрын

Great info Fed, highly appreciated

@antonyduc990 5 жыл бұрын

Yes sir, super useful and educative! Thank you

@thrasherx9319 5 жыл бұрын

Amazing insights. Very helpful and entertaining.

@eduardoarosemena655 5 жыл бұрын

Great explanation , very clear, thanks Federico

@rayquintanilla614 5 жыл бұрын

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

@FedericoTalksWatches 5 жыл бұрын

thanks ray!

@jean-paulrenaud6329 5 жыл бұрын

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

@jmdavila313 5 жыл бұрын

Hey Federico I thoroughly enjoyed this video thanks.

@balazsgalambos4458 4 жыл бұрын

Great video,thanx for explaining

@mohamedzid2701 5 жыл бұрын

Very instructive

@tripnfallshow 4 жыл бұрын

Excellent explanation. Very eye opening.

@MeanMrMustard85 5 жыл бұрын

Very insightful video, Federico clearly knows all the ins and outs of the business.

@musanetesakupwanya1050 5 жыл бұрын

Great explanation. Thanks!

@ericweis9771 4 жыл бұрын

Very informative. Thank you!

@davideljones1982 5 жыл бұрын

Thanks Dude! Really appreciate the insights. I learned a lot from this video.

@jameswong6590 5 жыл бұрын

Great information Fed. Thanks a lot

@rawim 5 жыл бұрын

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

@jashoo8597 5 жыл бұрын

Such a great insight. Thanks Fed.

@leesfitnessunlimited 3 жыл бұрын

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

@aasheeshpradeepbhai7202 4 жыл бұрын

Very insightful video Frederico!!

@JoeGiz64 5 жыл бұрын

Great informative video Fed...as always.

@burkebaalim438 5 жыл бұрын

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.

@DavesWatchLove 5 жыл бұрын

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 3 жыл бұрын

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

@chrisb3873 5 жыл бұрын

really great video and helpful

@pob1911 5 жыл бұрын

Thanks Fed, awesome content and a great insight to the grey market 👍🏻

@semperfidelis1550 7 ай бұрын

Awesome video, very educational!…Cheers!

@gotwic6220 3 жыл бұрын

Its easy to understand, thank you very much 😊

@OldManTimeAudits 4 жыл бұрын

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

@douglasladowski6342 5 жыл бұрын

Great video and easily understood

@spikew8673 4 жыл бұрын

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

@mikeb.thewatcher 5 жыл бұрын

Great video, appreciate the insight brother ✊🏾

@David-ej1ps 4 жыл бұрын

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