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Thread: The invincible business of counterfeit goods..

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    Exclamation The invincible business of counterfeit goods..

    The invincible business of counterfeit goods.. Selling cheap fakes of a successful product makes horribly good business sense. Is there any way to stop it?


    I had a case a few years ago representing a national marketer of exercise equipment. This client had pulled 4 products off of eBay that it had suspected of being counterfeit (eBay has a procedure for that and my client regularly monitors eBay). I hired the two top counterfeit experts in the world. I learned a lot about counterfeits. Some are actually the actual product, they just went out the back door rather than the front door. Same factory, just not tested, certified, etc.


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    I was standing in front of an imposing townhouse in the swish 16th arrondissement of Paris. Its classical lines, marble staircases and delicately wrought iron balustrades belied the fierce sense of purpose inside. The Musée de la Contrefaçon is an unusual kind of museum – it specialises in counterfeits. I hoped that my visit would help me understand a problem that luxury brands have been battling for decades: that of mass-market knock-offs and blatant counterfeits. According to some estimates, the trade in fake products is worth $600bn per year. As many as 10% of all branded goods sold may be counterfeit. It is estimated that 80% of us have handled fake or falsified goods (whether wittingly or not). Sales of luxury goods have soared in recent decades, but fakes have grown even faster: one estimate suggests that counterfeits have increased by 10,000% in two decades.

    It’s not just the overall figures that boggle the mind. One French customs raid confiscated enough fake Louis Vuitton fabric to cover 54 tennis courts. A swoop on a seller on the online Chinese shopping platform Taobao netted 18,500 counterfeit bags, aprons and footwear. A bust in Madrid impounded 85,000 counterfeits ready for the Black Friday and Christmas markets. In Istanbul, in 2020, almost 700,000 counterfeit haircare products were seized.

    Usually, when there are many more counterfeits than the real thing, you see a correction of some kind. But despite the growth of an authentication industry with an ever-expanding list of anti-counterfeiting tools – thermally activated tamper-proof seals, security numbers, RFID (radio frequency identification) tags, colour-shifting inks, holograms – that doesn’t seem to be happening. I wanted to make sense of this discrepancy. Why can’t the designers and the big brands stop, or at least slow down the counterfeiters? And how do you tell the difference between the real thing and the fake anyway?


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    https://www.theguardian.com/fashion/...=5&sponsored=0

    https://www.scmp.com/news/china/arti...pc-world-trade
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

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    FindersKeepers (05-16-2022)

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    Black market counterfeiting is big business in Korea. A soldier in my unit got an entire set of some famous luggage brand (why? I used duffles).

    He went on leave. When he got back he told us someone stole all of his luggage, except for the carryon. Don't remember if it was outbound or inbound. But I laughed.
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    Collateral Damage (05-16-2022),DGUtley (05-16-2022),FindersKeepers (05-16-2022)

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    Be careful what you buy on Amazon and other online outlets. Amazon tries to police its sellers but scammers slip through.

    I use both FakeSpot and ReviewMeta to try and find scam products before I order them for client-related testing purposes.

    And, don't just rely on a great number of positive reviews. The newest thing is "review hijacking," where by the little scammers somehow are able to transfer positive reviews for a great product to the list of reviews for their $#@!ty product.
    ""A government which robs Peter to pay Paul can always depend on the support of Paul" ~George Bernard Shaw

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    Going back to the 70s, Rolex was bleeding and would evenutally crash and shutter. There were so many counterfit rolexs, the companies sales plummeted. They hired cops in major cities off duty to vigorously investigate and they paid vigorously. They were made in various countries and as it was exposed the federal govt asked those countries to shut them down.

    Then came the fake rolex that fooled everyone..the only way you could investigate if it was fake or not was to send it to rolex...this fake had the same second hand movement as a real rolex...no one could tell the difference from looking at it

    Today its impossible to stop all the fake crap, it all comes from china..
    LETS GO BRANDON
    F Joe Biden

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