The
brand counterfeiting
phenomena have almost become omnipresent with the advent of internet
technologies. Even as companies spend millions to build global
brands, the internet with its wide reach can easily put such brands
at risk– resulting in not just undermining the marketing
investments they have made, but also eroding the brand and its
reputation and losing customer trust. It has been on the rise over
the past few years and is considered as an acute concern across all
industries.
However,
with fraudsters growing more and more sophisticated, it’s important
for businesses to clearly understand the nature of the threats that
they face and also take the necessary steps to protect their brands
and customers. Loss of revenue caused by counterfeiting
of
an enterprise’s brand and intellectual property rights is serious
business. Enterprises need to be aware that their products are being
counterfeited and should be proactive to get a solution and strategy
to tackle the same. While some solutions merely scan the internet to
detect any brand and trademark violation, most of the other brand
protection solutions strives to constantly be one step ahead of the
counterfeiter, by operating a series of intelligence networks and
providing early warning on current trends and criminal organizations.
It
becomes very difficult for legitimate manufacturers to prevent brand
counterfeiting
considering
the sophisticated techniques that counterfeiters use. Ideally a
successful anti-counterfeiting
strategy
needs to incorporate several quantitative methods to protect your
brands against these threats. Organizations today need to resort to
new brand monitoring solutions that will protect them from revenue
loss, increased liability risks and brand erosion. There are several
renowned service providers specializing in brand protection solutions
who have also introduced efficient brand anti-counterfeiting
solutions
to put an end to this menace.
While
every business is aware of the need to implement effective measures
that produce convincing and compelling results, it is the right
solution that makes all the difference. Look for a
comprehensive anti-counterfeiting
solution
that has the capability to identify the most egregious offenders and
deliver vital results. The solution you opt for must deter all brand
counterfeiting
attempts
by launching an aggressive campaign. They must also keep a close
watch on popular online auctioning sites, use automated processes for
monitoring the activities of the suspicious online sellers and
provide a detailed audit trail of website listings.
By
choosing an efficient brand protection solution, businesses have the
opportunity to stop the fraudulent activities from affecting their
image and bottom line.
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More About: brand
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