Why they are undermined by brands and how counterfeits #infographic

Why they are undermined by brands and how counterfeits #infographic
In 2018, counterfeit goods caused economic harm of $323 billion. Some of these counterfeits also led in harm to property and even deaths. But what qualifies as a counterfeit product? There are two common types of counterfeits, knock-offs and pirated items. Knock-offs are almost imitations of copyrighted material and designer goods. Pirated products are copyrighted works that are copied without the permission of the owner.

Unknowingly, more than one in four customers reported purchasing non-genuine products online. False products are often found in seemingly innocent platforms such as search engines and mobile applications. It's essential to brands. There are several significant reasons for avoiding fakes. Fakes rarely fulfill security requirements that can lead to harm to property, injury, and even death. In terms of production and prices, counterfeits also make the economy more expensive. Fraudulent merchants can also steal your and your loan card's personal information to produce fake copies of you.

Why they are undermined by brands and how counterfeits #infographic

infographic by: www.bestchoicereviews.org

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