What are grey market goods?

Question

I'm in an Internation Business class in college and one of our assignments was to research grey market goods and write about them. Does anyone have any good websites that could help me out or have anything they could tell me about these goods?? I've already looked in wikipedia, I was just wanting more sources!! :)

Answer 1

Grey Market Goods....
Grey-market goods are products sold in the United States that were lawfully produced here or elsewhere, which the manufacturer did not intend for sale in the U.S. market. Three distinct scenarios are the most common sources of parallel imports.

1. A manufacturer may manufacturer goods in the U.S. for export sale and find that the merchandise has been diverted back to the United States market either before or after export the planned exportation.

2. Goods made abroad by a foreign licensee may be imported into the United States without the authorization of the U.S. licensor.

3. Goods made abroad either by the manufacturer or a licensee may be imported into the U.S. market to compete with goods offered by the manufacturer.

For more information visit the link below.

Answer 2

Grey market goods,are goods that failed in the market place, my friend invented a machine that failed,it would pick up all the monies you dropped in your house ,problem was so could your hands if you bent over and picked it up,he is now trying to produce one for outdoor use so it will pick up all those Penny's that are left there because know one wants to bend down for a penny,and we are going to get Rich one penny at a time

Answer 3

It may be unlikely for you to find sites that discuss or list these in detail, as they skirt the limits of the law and don't want excess attention to their shady (gray) activities.

Best wishes, anyway.