Rapid globalization and easy access to places and things from all over the globe have also increased the importance of trade, trademarks and brand names particularly when for each and every genuine good sold out there is the counterfeit already available.
Black markets are filled with fake goods with a slightly distorted brand name, just to avoid cases of infringement. Today the production of fake goods has increased so much that a day is enough to come up with the fake version of the original goods! Continue reading ““If you can Make it, you can Fake it.” “
With the forgery of degrees and certificates, it is quite evident that our country has earned itself a notorious label.
A global survey was conducted where the data collected showed that
“50% of the aspirants looking for a job had provided falsified information regarding their previous employment” and the investigation has exposed most of these. A few hundred bucks can be enough to buy you a fake degree from any college from the world.
Continue reading “How to identify a Forged Certificate/Degree ?”
For any car enthusiast, modding is always the kind of passion they associate themselves with. And who wouldn’t endorse the idea of modding since it enhances the aura of any given vehicle?
The only downside of modding is probably its cost since it is very expensive. But with the sudden influx of the modding community, the counterfeit industry of modding has grown pretty big. It has somewhat become an affordable choice to mod the vehicle.
Continue reading “Modding can be a Dangerous Game with Counterfeit Parts”
The exponential growth of the number of fraud cases is concerning since there is a high chance of getting duped than being killed. The extended amount of loss suffered by the insurance sector just for the sole reason fraudsters is very evident with the loss of more than Rs 30,000 crore/annum. An investigation has also stated that the insurance agency is single-handedly losing capital and assets for this very reason.
Most of the insurance cases occur mainly due to the various false claims, and as for other instances, the policy that you have brought might end up being fake.
Continue reading “Keep your eyes open to spot FAKE Auto Insurance Policy”
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?”
Rural Marketing is a way of making things accessible for people residing in rural places along with the conversion of the people’s purchase quota to more demands for any specific products.
In that way, these products get better accessibility in these places to make lives easier and better. But mostly due to the lack of low awareness, there exist counterfeit products. These products are cheap knock-offs of the original products which closely resembles the color scheme and even the packaging except the brand name get altered.
Continue reading “Competition in Rural Market – Fake or Real?”
Electronic products are intrinsic to our lives now, and we can’t imagine our lives without it. With the exponential growth in demands, high-tech and low priced products are being launched each year keeping the affordability factor in mind.
Sometimes these products have lower prices that might be alluring for most consumers. These products are available and are pretty much visible everywhere from online to retail stores.
Continue reading “Good & Bad Sides – Counterfeit Electronic Goods”
Counterfeiting and duplication of goods is a big problem in today’s world, and one has no other choice except to find new and more innovative ways to save your product from duplication.
A lot of new ways such as Unique Barcode Labels, Custom-made Discount Coupons, Duplication Proof Labels, Hologram Warranty Stickers, Tamper-Proof Stickers are the many ways a manufacturer can save their product from being duplicated. Continue reading “5 Tips to stop COUNTERFEIT of the PRODUCT”
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”