by Rebecca Button on March 18th, 2008
There is quite a lengthy article on the Modern Distribution Management website that explores one of the biggest problems the wholesale/retail industry faces — counterfeiting. It sites statistics such as "The Counterfeiting Intelligence Bureau estimates counterfeiting accounts for 5 percent to 7 percent of world trade" and "most counterfeit goods (close to 95 percent) can be traced back to China, according to a report from the International Anti-Counterfeiting Coalition."
While counterfeiting is not a new trade by any means, what IS new is how the development of e-commerce has aided in its proliferation. “The Internet has made it possible for... Read more »
by Veronica Stone on November 27th, 2007
We’ve just published a very informative lens on Squidoo about wholesale product sourcing. Check it out here:
Wholesale Product Sourcing for Your Business
It includes tips on dropshipping, sourcing closeouts and liquidations, and spotting fake merchandise.
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by James McHugo on August 14th, 2007
The growth of the Internet as a sales and distribution channel over the past decade has led to the unprecedented proliferation of fake or counterfeit merchandise. At the same time, technology has improved manufacturing capabilities around the globe to unparalleled standards to the point where "fake" is no longer synonymous with "poor quality" – everything looks the same now.
Furthermore, as venues such as eBay and Yahoo Stores attempt to arrest the growth of counterfeits from taking over their sites, it is becoming increasingly important for wholesalers and small resellers to take necessary steps to protect themselves from getting duped... Read more »