The most significant producer of counterfeit items is from China, then comes Philippines, Thailand, India Malaysia, Singapore, Indonesia, Turkey, Pakistan, Ethiopia, and Kenya.
Each year countries trade goods worth trillions of dollars from aspirin to zucchini. According to global customs data collected and analyzed by the OECD and the E-use intellectual property office, of all the imports entering countries by air, ship, road or rail, 2.5% are counterfeit or pirated goods.
Continue reading “Check out – Most of the Counterfeit Products Industries”
Counterfeit Drugs, Genuine Solutions!
Fake medications still remain the topmost concern in the global pharmaceutical industry. Currently, in the intricate global economy, augmentation of online transactions and complex pharmaceutical supply chains has made it even more difficult to detect such counterfeit drugs.
The pharmaceutical industry is battling simultaneously against counterfeit drugs thriving online, and also in hospitals and pharmacies. These counterfeit drugs not only affect the reputation of the drug manufacturers and cause sales loss, but they are very much dangerous to our health too.
Continue reading “7 Ways to Stop Duplication in Pharma”
The counterfeiting or diversion of products is a significant threat to the original manufacturers. Diversion is basically the selling of the original product through an illegal channel. Along with that counterfeiting has been slowly spreading like cancer which is also a growing concern for many brands.
Continue reading “Innovative Ways to defeat Diversion and Counterfeiting”
It must be brought to your notice that the counterfeiting business has risen steadily in recent times and therefore such counterfeit product makers have now upped their game several notches.
They are now putting to use ways in which they can achieve high standards of sophisticated replication which make it increasingly difficult for buyers to be able to distinguish the knockoffs from the original when kept side by side.
Continue reading “Think of Holographic Labels on Products to Stop Counterfeiting”
Fake medicines in the market are a big menace and a big apocalypse on the planet today. Something as precious as medicines that can save a human life is adulterated to the extent that it can actually kill a human being.
Not only do Fake Medicines have serious ramifications on health, they also affect the Brand in the most negative way.
Continue reading “Fake Medicines impact your Brand – Find out HOW?”
10 Trends expected to be seen in FMCG In 2018 are:
1. Around the World
In 2018, it is likely that customers will be more invested in products that take the senses on a “tour of the world.” Since the Millennials and Gen Z are more adventurous than the previous generations, they are more likely to buy products with ethnic flavors and exotic ingredients.
Continue reading “10 Trends expected to be seen in FMCG In 2018”
Due to the increase in counterfeit part, there is an impending concern on the reliability of electronic components. The effects of counterfeit elements usually have a brief lifespan which might break the monotonous chain of a system or even cause circumstantial hazards.
The parts might come in for cheap, but the effectiveness of it and its reliability is far from being certain. The various parts which are being counterfeited might vary from scrapped parts to even reclaimed parts.
Continue reading “How to detect counterfeit parts & to handle all repercussions?”
Fake products have been there for decades now, and in the rural and suburban areas, where people prefer the duplicates over the original for the sheer difference in price, they have been immensely popular. But, its recent rise in the automobile market has brought the industry face to face with a new found horror. Not only do the fake auto parts account for 40 percent of after market sales, but also has caused a good number of accidents. Hence, customer goodwill had also lost in this process. Moreover, unlike FMCG or Apparel, where people buy them simply because they are cheap, fake automobile parts are the incentive of dealers as they receive a commission from the fake manufacturers to pass on these products.
Continue reading “Beware of FAKE!! – How fake parts can cost you as an industry?”
It is important for every pipe & fittings business owner dealing commodities to have a sound idea of the ongoing trends of the world where counterfeiting of goods is increasingly becoming an unfortunate reality. You will be shocked to know that even though more and more companies are actively taking part in practices that could help combat counterfeiting of commodities churned out by big brands. It is not proving to be enough for the simple reason that the more business owners are tightening the security of their goods, the smarter the counterfeit specialists are also becoming themselves every day. Continue reading “Know the ongoing trends of Prevalence in the Counterfeiting Industry”
There are many ways to figure out whether a product is an original or a bogus and it is important that one should be aware of all ways especially when today’s world is full of duplicate production. Faulty packaging, unbelievable discounts, grammatical errors and lack of contact information can be a few signs which make one aware of counterfeit goods.
Continue reading “How to distinguish an original product from a counterfeit one?”