Do you own a business which has a good reputation in the market and among customers? or Are you planning to launch a new portfolio but worrying about its counterfeit from the initial stages?
For brands that enjoy a good reputation and demand among the customers the owners often feel scared of counterfeiting of their goods and services leading to loss of business.
With the increasing advancement in technology and the internet now apart from local markets even people are opting to buy things online.
Nowadayscounterfeit goods are not only available in general markets, but also you will face the same while shopping online like apparel sites, auctions sites to name a few. Most of the places offer lucrative deals to the consumers who turn in selling fake goods.
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It is already known to people what are counterfeit products. The cheaper quality products with the features of real products may be called counterfeit products. These products resemble the same as the real ones, but the quality is cheaper and may be harmful also.
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Are you a petrol head and love modifying your car? Do you like going for cheaper mods or you value quality to ensure the safety of your car? Well, the market is flooded with millions of car mods that are popular among race heads.
Wheel mods are one of the most striking features that can make your car look fancy and you may not mind shelling out few extra bucks for such features. This is where fake wheels come into the picture. (more…)
With the rise of fake documentation everywhere, it is high time for everyone to know and be aware of this. With such fraudulent documents, criminals and terrorists might board a plane which might even make thing worse.
New research has unveiled that most of the masses can’t tell the difference between a real or a fake document. The same logic can be applied to driver license, ID proof, and even passport.
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Books are quintessential to say the very least and the source of wisdom and truth. Books are also written by humans and honestly being a writer is not that easy.
It takes a lot more than inspiration to churn out a compact book for the readers including the number of sleepless nights and little sacrifices that makes a book happen.
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.
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!
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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.
