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.
Before jumping to conclusions and buying a cheap branded perfume, one must choose one of the above because cheap doesn’t always go with branded, if it does then there is something wrong with it.
Buying such duped products can also be harmful to your health as well.
Counterfeit products are immune to the present consumer base where people are often duped into buying these products. These are usually being mass produced and sold illegitimately at various places.
With its venture in the online market, fake goods are being sold exponentially, sometimes at reputable sites too. With that being said, this debauchery can be somewhat contained with proper anti-counterfeit technology or with awareness campaigns by the brands in order to educate the masses. (more…)
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.
The world of counterfeiting has been reckless and has advanced itself at the same time. They have provided cheap knock-offs to apparels which look entirely identical. It is widely known that even the duped products can be sold online.
These sellers, in particular, are always luring the consumers with enticing price tags which give them an upper hand.
The apparels sold one, gets to the consumers, and they find to their surprise that it is not authentic and leaves it be.
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.
Now that government has already put regulatory conditions on all sorts of products, it is imperative to ensure that the brand does not end up taking someone’s life.
Of course, it is not the original product that would do such. It is some counterfeiting racket who would tarnish the brand’s name and spell a disaster.
Anti-Counterfeiting Technologies have been predicted to a 5.3% CAGR
which will rise to 3.6 billion dollars regarding industrial growth.
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. (more…)
Counterfeit products are imitations of original products that are often mass produced or sold under the original company’s name but without their permission. Fake products like these have a wide variety of industries which may include apparel, medication, car parts, and even electronics. But the most sold items are accessories, jewelry, handbags, computers, shoes; personal care products, clothes, and wallets. But there are protocols with which businesses can retaliate.
