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
The art of duplicating a product grows stronger every day, and with that, it becomes harder to distinguish between real and fake one. The online sector of shopping makes it easier for fake brands to grow their market. However, it is entirely possible for customers to figure out between the original and fake by using a few tricks. If the packaging is faulty or if the price and product quality do not match it usually means that the product is fake.
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The art of duplicating a product grows stronger every day, and with that, it becomes harder to distinguish between real and fake one. The
Companies nowadays do a lot of things to prevent counterfeiting. Holograms, Security Labels and all sorts of Anti-Counterfeit practices are used. Still, somehow, counterfeit goods end up in the hands of the consumer and the consumer has to suffer. However, it is often due to the lack of attention from customers’ point of view too. If you cannot resist an insane deal, they always know that there could be a counterfeiting racket involved behind it that will take advantage of your ignorance.
Companies nowadays do a lot of things to prevent counterfeiting. Holograms, Security Labels and all sorts of Anti-Counterfeit practices are used. Still, somehow, counterfeit goods
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, Auto Parts, and even Electronics.
But the most sold items are Accessories, Jewelry, Handbags, Computers, Shoes, Personal Care Products, Clothes, and Wallets.
There are protocols with which businesses can retaliate.
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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
Medicine, Fashion, Food, Automobile- you name it, they have it. Counterfeits pervade every sphere of consumable products nowadays, and the sophistication of such practice is increasing to an alarming level.
However, companies have decided to fight and nail against it, since they realize that it has to be a global war against a web of invisible networks that span the globe and amass more than trillion dollars. Hence, of late, companies are trying to look for third-party methods to ensure that counterfeiting can be prevented.
Medicine, Fashion, Food, Automobile- you name it, they have it. Counterfeits pervade every sphere of consumable products nowadays, and the sophistication of such practice is
The popularity of the apparel sector does not come without challenges. A lot of difficulties such as duplication of a label, changing customer demands, keeping track of responsible purchasing of raw materials, looking for names which are environmentally sustainable and much more are faced by the manufacturer. A few problems are from the customer point of view and the rest from the manufacturing side.
The popularity of the apparel sector does not come without challenges. A lot of difficulties such as duplication of a label, changing customer demands,
Counterfeiters are all over the field, and they are not leaving any business untouched. It hurts business most in this regard, is the automobile industry for more than one reason. Since its inception, the counterfeit practice has grown to become nearly equal to that of the original in many aspects.
So much so, any authorized dealer will tell you how much loss they incur because somewhere in the supply chain, the counterfeiters enter the scene and complicate the situation. More importantly, little administrative intervention or attention has been given in this regard.
Counterfeiters are all over the field, and they are not leaving any business untouched. It hurts business most in this regard, is the automobile industry
World Health Organization or WHO recently came out with a huge piece of information. Apparently, as many as 32 billion dollars have been earned by the producers of counterfeit medicines globally, and the drug industry has lost this much money globally. In a recent research, apparently, one out of five vehicles is made from counterfeit parts. Both from the manufacturer’s as well as customer’s point of view, this is a certified disaster on a large scale as it impacts both ends gravely.
World Health Organization or WHO recently came out with a huge piece of information. Apparently, as many as 32 billion dollars have been earned by
In the automobile industry, the fake brands and the duplicates are infiltrating the market like poisonous mushrooms. However, before your premise is attacked, you can stop this nuisance from producing dent on your reputation through a series of techniques. Since your brand value is pristine and it drives you forward towards new customer bases, you should always try to protect it from the leeching hands of the counterfeit practices.
In the automobile industry, the fake brands and the duplicates are infiltrating the market like poisonous mushrooms. However, before your premise is attacked, you can
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