Counterfeit/Grey Goods
What is Counterfeit? |
- Counterfeit – Unauthorised reproduction of a trade mark or brand
- Over Production – Original high quality product, produced beyond the scope of the commercial agreement
- Look-alike – Copy the look and feel of a product, but do not reproduce the brand.
- Grey Market – Original Products sold beyond the scope of the commercial agreement.
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Hazards of Counterfeit |
- Licensed goods are extremely attractive to counterfeiters!
- Enforcement officers and consumers do not know whether a product is officially licensed or not.
- Multiple brands can be applied to the same product line
- Very high return, low enforcement priority, low penalty
- Counterfeiters make more money than you!
- No development costs, no marketing, no taxes, no royalties
- Counterfeit damages valuable brand equity
- Reduces sales for legitimate licensees
- Impacts on royalty revenues
- There are potentially hazardous goods for sale with your brand on them.
VIEW KEY PROCESSES TO ADDRESS COUNTERFEIT |
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