Counterfeiting fast moving consumer goods has reached such high proportions, it can almost be called an epidemic now. At present, a whopping 7% of the world’s total trade is in counterfeit goods, and that is alarming because not only is it detrimental to the original businesses, it is also bad for consumers who rely on these products.
From medicine to food to cosmetic products and even clothing, everything is counterfeited at a high scale, and counterfeiters make huge profits from the sale of these fake products.
The need of the hour is to stop the counterfeiting of these goods so that customers can have the assurance of quality and businesses do not suffer financial losses. Continue reading “Simple & Easy Steps to Stop Counterfeit / Duplicates”
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”
Nowadays, with steep competition in almost every industry, another industry is slowly flourishing behind the scenes – the counterfeit industry. For every single industry out there, there is a parallel in the world of the counterfeit.
What is truly shocking is that according to a recent survey, 7% of the world’s trade is now in counterfeit goods!
Continue reading “Beware of the Profitable Business of Fake Mobile Phones”
Nowadays, the counterfeit industry is slowly gaining more and more prominence. This is happening mainly because of the steep competition in the market, and the average customer’s search for cheap goods.
Taking advantage of this trend in the market, a lot of manufacturers have now started using fake parts in electronic goods to cut down on production costs.
Continue reading “Say NO to Counterfeit Electronic Parts”
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”
These days, it is quite common to run out of phone battery mostly due to the massive usage of our phone and most the times spent on social media platforms.
So even if you are outside, always use an authentic charger to charge device because the chances are that they can be harming the phone battery.
Continue reading “Never charge the Phone with Local Charger”