Counterfeiting and duplication of goods is a big problem in today’s world, and one has no other choice except to find new and more innovative ways to save your product from duplication.
A lot of new ways such as Unique Barcode Labels, Custom-made Discount Coupons, Duplication Proof Labels, Hologram Warranty Stickers, Tamper-Proof Stickers are the many ways a manufacturer can save their product from being duplicated. (more…)
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.
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.
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
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.
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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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.
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.
Fake products, often known as counterfeits, are something that pervades all industries to an extent. Fake notes, fake medicine, fake branding, etc. are insanely common nowadays. While some fake products harm you economically, some may harm you fatally. Among them, a counterfeit in the automobile industry is a dangerous as well as a growing concern because not only does it affect a huge industry in significant ways, but also can destroy individual lives too. It is because believe it or not; counterfeit practices contribute to 20 percent of all accidents that occur in this country, not limited to personal cars but also trucks, SUVs, and other heavy-carriage vehicles.
