For grey market dealers

Inventory built for cross-border, multi-currency trading

Source where it's cheap, sell where it's dear, and keep your margins straight across currencies and channels — in software you control.

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TL;DR

Kigu is private inventory and P&L software for grey market (parallel-import) dealers: track watches sourced across regions, record buys and sells in any of 30 currencies, and see true margins after fees and shipping. Grey market trade in authentic watches is legal in most markets under the first-sale doctrine; Kigu simply helps you run it like a business.

The grey market exists because the same watch costs different amounts in different places. Authorized dealers carry surplus, currencies move, and demand is uneven — so authentic watches flow outside official channels. Trading them is legal in most markets, but the margins are made or lost in the details: buy currency, sell currency, shipping, and fees.

Multi-currency from buy to sell

Buy a piece in JPY in Tokyo, sell it in AED in Dubai, report in USD. Kigu records each leg in its native currency with stored exchange rates, so your reported margin reflects the real spread — not a rough mental conversion.

Reference-level pricing intelligence

Grey market pricing swings fast — standard models trade below retail while hyped references command premiums. Kigu's market price data at the reference level helps you sanity-check what you pay and what you ask before you commit capital.

Authentic, not counterfeit

Grey market means genuine watches sold outside official distribution — distinct from fakes. Kigu is for tracking real inventory; it does not condone trading counterfeits. Authenticate every piece before you buy.

Your book, your control

Grey market dealers value discretion. Kigu keeps your inventory, sourcing and pricing scoped to your organization — a private system of record, not a public marketplace.

What grey market dealers get

30-currency tracking

Native-currency buys and sells with stored rates for accurate spreads.

True margin after fees

Shipping, duties and commissions captured per transaction.

Reference market data

Reference-level pricing to time buys and sells with less guesswork.

Fast import

CSV import (including Chrono24 export format) to onboard stock quickly.

Private by design

Your data is scoped to your org — not published or shared.

Contacts & sources

Track who you buy from and sell to, with full deal history.

Frequently asked questions

Is grey market watch dealing legal?

In most markets, reselling authentic watches you own is legal under the first-sale (exhaustion) doctrine. Grey market watches are genuine, just sold outside official distribution. Rules vary by jurisdiction — consult a professional for your situation. Kigu is software for running an inventory; it does not provide legal advice.

How does Kigu handle multiple currencies?

Record each buy and sell in its native currency across 30 supported currencies. Stored exchange rates roll everything up into your home-currency view.

Can I see typical market pricing for a reference?

Kigu includes market price data at the reference level to help you sanity-check buy and ask prices.

Will my sourcing be visible to anyone?

No. Your inventory, sources and pricing are private to your organization.

Does Kigu help with authentication?

Kigu structures reference and condition data, which supports your own checks, but authentication is your responsibility. See our guide on authenticating watches before resale.

Trade the spread, not the spreadsheet

Track cross-border buys, sells and true margins in one private system.

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No credit card required.