The sale of products by unauthorized dealers, frequently at discounted prices. Consumers who buy gray market goods may find that the manufacturer refuses to honor the product warranty. In some cases, gray market goods may be sold in a country they were not intended for, so the instructions may be in a foreign language.
Durable merchandise such as televisions, appliances, hardware, furniture, or recording equipment.
The Manufacturer's Suggested Retail Price (MSRP) is the price at which the manufacturer recommends that retailers sell a particular item. It is a suggested guideline for pricing, not a mandatory rule.
Street price refers to the average or usual price charged for a product, particularly when it is rarely sold at the manufacturer's suggested retail price (MSRP). It frequently appears in consumer electronics reviews, especially for products like personal computers and peripherals.
In retailing, white goods refer to heavy household appliances originally manufactured with a white enamel finish. These include refrigerators, freezers, washers, dryers, and stoves. Today, the term applies to all such goods, regardless of the color or finish.
