Quick Answer: What Is A GREY Import Camera?

What is a GREY good?

Gray market goods are defined as items manufactured abroad and imported into the US without the consent of the trademark holder.

Gray market goods are not counterfeits; however, differences may exist between these goods and those goods produced for American sale..

How can we avoid GREY market?

How to Stop Grey Market SellersIdentify Unauthorized Sellers. You can’t stop the grey market if you don’t know where—and what—it is first. … Educate Your Consumers. Next up is good ol’ consumer education. … Send Cease-and-Desist Letters. … Take Them to Court.

What is a GREY or parallel import?

The illicit sale of imported products contrary to the interests of a trademark holder, patent or copyright in the country of sale. Most commonly this occurs when the manufacturer uses different market prices for the same product in different countries.

What is a GREY import phone?

A grey import tech product is one that is imported from another country without the permission of the intellectual property owner, in this case Samsung. … Last year, Apple won a Federal Court case which prevented Samsung from selling its Galaxy Tab 10.1 Android tablet in Australia.

What does GREY import camera mean?

A Grey Import is a product sourced from outside of the UK. … So, if there is a fault with the product it will most likely be rejected by the manufacturer for repair under warranty. Some manufacturers offer additional years of warranty in the UK, and a Grey Import would not qualify for this.

Where is Panamoz based?

Hong KongHe experienced a problem , but apparently Panamoz sorted it out to his satisfaction , didn’t have to pay customs duties etc . I’m pretty certain that this firm is based in Hong Kong , but I’m not completely sure , so…..

How do I know if my camera is GREY market?

Remember: the easiest way to recognize gray market is that the product does not include a Nikon Inc USA warranty. Look for, or ask for a Nikon Inc USA warranty whenever you buy a Nikon product. Before you invest your money, ask yourself, would you buy a product that doesn’t include a manufacturer’s warranty?

Does Amazon sell gray market cameras?

Both are available on Amazon. If it’s “Grey Market” it will be listed as international version or something like that.

Why is DigitalRev so cheap?

They cost less sometimes because of the warranty, sometimes because they are bundled with non-OEM items, and sometimes because of other factors. This next bit is not meant to comment upon DigitalRev’s business practices.

How can you tell if a Canon camera is GREY market?

The Difference between USA and Gray Market Canon Cameras and Lenses. When shopping for your Canon cameras and lenses, you will likely run into 2 versions of the same camera or lens. One will be the “USA” model and the other will be denoted as “Gray/Grey Market”, “Imported” or “Direct Import”.

What does GREY market mean?

A grey market is a market in which goods have been manufactured by or with the consent of the brand owner but are sold outside of the brand owner’s approved distribution channels—an activity that can be perfectly legal.

How can I buy shares in GREY market?

As it’s over the counter market, there are no official people or business you can approach for IPO Grey Market trading. If you are interested in buying or selling IPO stocks in Grey Market, you have to find a local dealer who can find buyers or sellers for you.

Are GREY imports illegal?

1) Grey Imports are Illegal – They’re not, there’s nothing illegal about grey imports, you’re not going to get caught by the AFP or any of that sort of stuff.

Are SLRhut cameras GREY imports?

The fact is SLRhut are yet another grey import company supplying grey goods without the back up of the manufacturers warranty in this country.

Is it safe to buy gray market cameras?

There is absolutely nothing wrong with buying a gray market product. It is not illegal and if it saves you a lot of your hard earned money and you are fully aware of all the risks and lack of warranty and service options, then by all means go for it.

Why is Panamoz so cheap?

It’s cheaper because you aren’t paying any import duty. You also don’t get any manufacturer’s warranty the warranty is with Panamoz who are pretty good to be fair but as with any small business they could easily go belly up over night leaving you with no warranty.

What is a GREY camera?

A “gray market” camera is one that is advertised for a price significantly less than is charged by the original manufacturer or their authorized dealer.

What is the difference between black market and GREY market?

“Black market typically involves transactions outside of the official economy (either not paying taxes or dealing with illegal goods or services), whereas gray market is more about diversion or counterfeiting,” notes Krisa Drost. … Counterfeit goods are fake products designed to look like genuine goods.