A major contribution to a country’s GDP comes from the automobile after-sales industry which includes servicing and spare parts production. While both the sectors continue to grow there has been a rising concern regarding the production of counterfeit automobile parts which consumers often fail to identify and the service centers readily use because these parts give them huge profit margins.
A major contribution to a country’s GDP comes from the automobile after-sales industry which includes servicing and spare parts production. While both the sectors continue
Today we are living in an era, where there is competition. The constant strive to attain the glory which is the aim of every player in the market. But some players are not very much interested into the competition and instead seek to reach the pinnacle without actually going through the process of research and development which is the primary factor for thriving and establishing in the market.
Counterfeiting takes the place of the R&D, and the particular manufacturer seeks to attain that glory which is the fruit of immense hardship and dedication. They often fail to realize the fact that without actually going through hardship and struggle, even the attained glory is not complete!
Types of the Brand and their possibility of being Counterfeited
Time was there when counterfeiting was only associated with bank notes. However today, there are no such limitations. Counterfeited goods are widely available. Virtually no article is excerpted from being falsified. From pins to cars, everything can be found in a counterfeited avatar. That being said, there are no specifications when it comes to counterfeited products. Brands of products include-
1. Carter, Rolex, And Other Designer Brands- It is true that not everyone will be able to own Rolex and other similar designer brands. Not only they are very costly but are also not very widely available which makes sure that just a qualified and restricted amount of customers can reach them. But to be precise, these are the world’s most counterfeited goods.
2. The North Face- Perhaps the most widely available counterfeited products is that of The North Face. The high-performance outdoor gear and apparel brand are specifically targeted and duplicated. For instance, as much as 50000 North Face jackets were seized from a warehouse in New York.
3. Levis- One of the most sought-after denim brands globally, Levis is under a considerable counterfeiting attack. The internet is flooded with how to be guiding customers to avoid purchasing counterfeited Levi’s jeans.
4. Tamiflu- Fake fashion at least doesn’t take life, but counterfeit drugs do! As much as horrifying it is even to hear, it is true that the Swine Flu drug Tamiflu have been reportedly counterfeited and the product has killed as much as 1 million people globally in a year.
5. Ray-Ban- There will be hardly any person who hasn’t heard about Ray-Ban. One of the most popular shade brand Ray-Ban is also popularly counterfeited, and the market is flooded with the same.
Although it is a fact that counterfeited goods can never match the quality of that of the original, but it undoubtedly hampers the trust of customers with the unique brand and grabs the market to some extent. And this very duplication has become a trend in today’s market.
Today we are living in an era, where there is competition. The constant strive to attain the glory which is the aim of every player
It has been reported that globally there has been an unhealthy growth of counterfeit vehicles and their parts which puts the user safety to risk and is causing the automobile companies to lose millions. A majority of these parts which are counterfeit have come from China while a lot of them are locally generated as well. It is known that the two out of five spare parts which are sold are fake.
It has been reported that globally there has been an unhealthy growth of counterfeit vehicles and their parts which puts the user safety to risk
Social Media and Forums have now empowered the common masses in such a way that they no more need to sue the company and take things to the court. They can just voice their displeasure on the comments or on the social media or leave negative reviews for the whole world to see.
This is a double aged sword as it has helped in the consumers voicing their opinions and keeps the companies in check to provide quality service but it can also destroy the reputation of the brand.
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Social Media and Forums have now empowered the common masses in such a way that they no more need to sue the company and take
It may be intended to imitate any product by some people when the product may be the replica of the real product. But, the act is illegal or unauthorized. The law is done with the purpose of getting the higher value of the product as per line of the real product. The act of copying the actual product with the intention of the artificial product may be called counterfeit.
It may be intended to imitate any product by some people when the product may be the replica of the real product. But, the act
Have you ever thought what causes road accidents? Well, a majority of times, it is the counterfeit automotive parts. They cause road accidents.
Is it alright to trust manufacturers?
The wholesalers purchase low-quality product at cheap rates. They always end up selling them by fooling people.
Have you ever thought what causes road accidents? Well, a majority of times, it is the counterfeit automotive parts. They cause road accidents. Is it
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…)
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
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. The masses are at risk because they are not since they can’t identify/distinguish between a forgery and a real document.
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
The existence of counterfeit currency does have an overall effect on the global economic market. These usually catalyze the ambiguous underground crowd and other criminal networks that mostly operate on such capital.
The integral part of making a difference is to ally with some sort between the law enforcers and the private sectors. Interpol has been providing rifts to such events as money counterfeiting and had held its position as the International Central Office for Suppression of any Counterfeit Currency.
The existence of counterfeit currency does have an overall effect on the global economic market. These usually catalyze the ambiguous underground crowd and other criminal
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