Unless you're in the manufacturing kind of business, Grey Market operations may not have a direct effect on you. Greg market good have put some one time big brands out of business or annihilate products from the hands of the original brands. Greg market is undoubtedly a huge multi-billion dollar industry with no concrete plans on ground to slowing its growth.
Many consumers of products are unaware of the copycat activities of the Grey Market users. As long as consumers keep buying and demanding for more of their products, it's almost next to impossible to put these Copycat Companies out of business. A good example of products that have found its way into Grey Markets is the Vikings Blade. The brand grew its reputation from sales of quality double edge safety razors at an affordable price.
Defective or products that fail to meet up to the company's standard during its quality tests are discarded. These discarded goods somehow find its way into the grey markets. Using the design of the Vikings Blade product, copycat companies manufacture their own products. They sometimes go as far as buying materials from China in other to reduce production costs. Usually the grey markets products sell lower than the original products - hence the demanding patronage. For the above example used, copycat companies using the Vikings Blade design are Smoothere, JTrim, eBetter, and Bigfoot Shave.
