Counterfeit products can be really unsafe for consumers. It becomes difficult for consumers to identify the original products. The list is huge ranging from phone accessories to automobiles to apparels to watches. We all have unintentionally bought these at some point in time. Consumers are spending their money on the brands they are not getting.
Sometime counterfeits may be hard to identify but there might be a huge difference in the cost of replacing these products. When we purchase a product irrespective of the fact that it’s an original one or a counterfeit, we purchase it by looking at the quality of the product and the brand name it carries.
The present times witness the mode of advancements and as a result of which there is an eruption of too many corruptions. It seems that everywhere it is surpassed with critical fraud situations undermining heavy loss to business activities as well as the situations are also baffling the expectations of many.
(more…)
The holiday season makes a warm welcome to the tourists, travelers who are spotted on the global spots. They are the ones who are dotted with high energy and enthusiasm to explore.
Tourism is the organized program where scores of people are busy to involve in the most popular activity namely the shopping. The tourist spots are spotted with numerous stalls and locally arranged shops selling the common goods at steep rates.
(more…)
One of the most significant challenges that reputable brand owners face is the threat of counterfeit goods that have flooded the market. This has taken a toll on the revenue and reputation, and also customer safety.
The market is flooded with counterfeits, and you should be very cautious when you choose to make a purchase. The rise in e-commerce has also brought a boom in the counterfeit market too. Therefore you should always be overly cautious so that you do not end up buying a counterfeit product and paying the same as the original one. Therefore judge an item with an eagle eye for any doubts that you may have about the quality of the product, like the following:
The business procedures and targets need to meet their tight deadlines. The forms of business may be different, but the most important rule which knocks in terms of business is managing the customers and earning their support.
(more…)
In the recent times, there has been a trend of showcasing the variety of products with an intention to cast original looks in the products. It happens that the demand for some products cannot meet the production, so the idea of counterfeit has entered the market and scores of people; both manufacturers and buyers get trapped in this matter.
What not, the problem of counterfeit can pose serious challenges to business, and it may cause the serious downfall of the market. Counterfeiting of brand name products is a very common happening in the business.
(more…)
With the advent of e-commerce and the global rise in online shopping the penetration of counterfeit goods has increased in the supply chain deriding the original companies.
The reason behind counterfeit goods reaching the consumers so easily is the fact that now the orders are being placed online and these goods can be easily shipped through unauthorized agents.
This is because every supplier is currently working with a group of sub-suppliers who in turn sourced from local suppliers. (more…)
