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.
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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
Counterfeit goods have long dominated the world. However, it is about time to show them their rightful place. It is precisely why not only companies should ensure that the product is completely secured, but you, as a buyer, should also check your safety points. To prevent the brand from being destroyed slowly and silently, it is not enough to only use a hologram or trace the product. Rather, constant vigilance as a manufacturer is demanded from the side.
Counterfeit goods have long dominated the world. However, it is about time to show them their rightful place. It is precisely why not only companies
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.
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
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…)
It is important for every pipe & fittings business owner dealing commodities to have a sound idea of the ongoing trends of the world where
It is always important to keep track of the electronics that one wishes to buy so that they do not end up being a victim of counterfeit electronics. Origin of the product, checking the components thoroughly, not going for out-dated products, knowing a few good distributors, being aware of good stores, companies who have regular auditing and an efficient response system are a few things that need to be kept in mind while one wants to purchase a good electronic product.
It is always important to keep track of the electronics that one wishes to buy so that they do not end up being a victim
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.
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
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.
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
If you are going to fight the menace that is counterfeit industry, you need to remain a step ahead of the rest regarding knowledge so that you can catch them. While all auto-parts can be duped, there are particular auto-parts that counterfeiters prefer to copy for three (3) specific reasons.
1. They provide the greatest value.
2. They can easily be duplicate
3. They provide the highest turnover
If you are going to fight the menace that is counterfeit industry, you need to remain a step ahead of the rest regarding knowledge so
Fake manufacturers have taken over the market in the last few years, and unlike the car laws, there is little harnessing on these fake products of after sales. Not only does it spell doom for the brand awareness but can severely damage customer relationship if the customer ends up buying a duped product believing it to be original and then suffers an accident because of it.
Fake manufacturers have taken over the market in the last few years, and unlike the car laws, there is little harnessing on these fake products