The appealing deals from grey market vendors this season might carry significant risks, so exercise caution.
| File photo: Samsung Galaxy S24 Ultra, iPhone 16 Pro Max |
Better to be cautious than regretful, safeguard your pamasko
Indeed, a lot of individuals desire to possess the latest gadgets the moment they are released. Naturally, these modern devices entail a cost, yet some seek “alternatives” to avoid being left behind.
The grey market is one such source offering very appealing options. Though gadgets sold here may be more affordable, the reduced prices often come paired with increased risks.
Here are several reasons to abstain from purchasing from grey market sellers:
- No official warranty – As the products from this market are not sold by authorized stores, they lack an official warranty. This implies that consumers are responsible for any additional costs should the device fail or experience issues.
- Counterfeit products – Devices in the gray market are frequently associated with imitation articles, hinting they might lack authenticity and could very well be substandard versions of the original items.
- Absence of customer support – Given that these devices are not retailed by certified sellers, consumers might not have access to manufacturer-backed customer service or technical aid.
- Compatibility issues – These gadgets might miss crucial updates necessary for proper operation, as they didn’t officially pass through the National Telecommunications Commission (NTC) for suitable authorizations. This may result in interoperability problems with other devices or applications, hindering the device’s overall effectiveness.
- Possible legal Consequences – Failing to adhere to safety regulations or standards might make these devices unlawful for utilization in particular nations. Additionally, there is a risk of infringing upon intellectual property rights for marketing gray market devices.
- Limited availability of components – Fixing damaged gray market devices can be problematic since the components are not available through authorized outlets. This situation leads to prolonged waiting periods and higher expenses.
- Other sellers may deceive you – Numerous Reddit users at r/Tech_Philippines and alternative social media platforms have shared experiences of being tricked by certain vendors on Facebook Marketplace and even by some “reputable” shops selling iPhones and other devices, with deliveries being postponed for months or even years.
In addition to these factors, purchasing from authorized outlets guarantees that you acquire an AUTHENTIC PRODUCT. Official retailers can also provide various payment options for the customer’s convenience.
Related: Reasons why you should purchase Xiaomi from official stores
From a broader economic perspective, the gray market does not enhance the nation’s economy. We are also uncertain if gray market vendors fulfill their tax obligations or fees since, in reality, there is a significant possibility that their products are illicitly obtained.
A phone is regarded as smuggled by two means: Firstly, if there is no receipt from the Bureau of Customs indicating that import taxes were settled, and secondly, if there is no National Telecommunications Commission sticker, which confirms that the device fee was paid and that it is registered with the agency.
Bear in mind that electronic devices imported from abroad must go through the BOC and NTC before they can be lawfully marketed in the Philippines.
It is always wiser to prioritize safety rather than risking your hard-earned cash on uncertain (even if you understand the risks) items like gray market devices.
What is your opinion on this matter?