Dangers of Counterfeit Goods
Counterfeit goods have a negative impact on brands, users of the goods, and even the environment. The negative impacts are experienced in the following ways:
Since these counterfeit goods are produced illegally, there is no adherence to applicable safety standards during the production process, and this can be disastrous for the environment.
Counterfeit goods are also produced using low-quality materials in an attempt to reduce production costs as much as possible.
Users of counterfeit goods can suffer harm or injury due to hazardous substances or substandard materials used in production.
Owners of genuine brands can suffer financial losses as well as reputational damage due to the poor quality of counterfeit goods that are considered genuine.
The difference between replica goods and counterfeits
Now that we have a thorough understanding of counterfeit goods and replica goods, it is only right to consider what sets them apart.
The differences between the two are:
Counterfeit goods are produced with the malicious intent to deceive and mislead people into believing that they are genuine when they are not. However, replica goods are not considered genuine products. Instead, they are recognized as merely identical to branded goods.
In many countries, counterfeit goods are frowned upon by law and are therefore illegal. However, replica goods are usually not considered illegal in the first place.
Another difference between replicas and counterfeits is that counterfeits have the exact same trademark as the original product, and also copy its labels and packaging – a common example of trademark infringement. However, replicas have different logos or design elements that only resemble the well-known product.
Conclusion
Both counterfeits and replicas are seemingly endless intellectual property infringements that are common in e-commerce. However, Red Points’ brand protection solution can help.
With our Intellectual Property software, Red Points acts as an online watchdog by searching search engines for data such as manipulated or unaltered text, images to detect counterfeits and replicas on the market.
These red flags are then shown to brand owners to decide whether they want to enforce their rights.
For a comprehensive overview of our unique services and methods, you can download our brand protection product guide .
by Team Viagra & Health