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2022-07-28
Software

Brand protection strategy in Counterfeit goods market

Brand protection strategy in Counterfeit goods market
2022-07-28
Software

The law on counterfeit products is quite complex. Many countries have different regulations, which can be confusing for those trying to comply with the law.

The market for counterfeit goods worldwide, with sales of between $1.7 trillion and $4.5 trillion annually. This is a huge market that can be exploited by counterfeiters, who are able to produce and sell counterfeit products without any consequences.

Brand protection software can be used for a variety of purposes, including protecting trademarks and intellectual property, and preventing counterfeiting. It can also be used to identify and stop the spread of counterfeit goods on a global scale.

Main types of brand protection solution

There are three main types of brand protection solutions: trademark, copyright and patent. A trademark is a word, symbol or design that identifies the source of goods, or services. Copyright protects original works of authorship fixed in a tangible medium that are published with information about their protected status in an accessible manner. Patent rights protect inventions that are novel, non-obvious and have industrial application.

How software can help in Brand protection software

Copyright protection software is not just for the big companies. Small businesses, freelancers, and individuals can also use it to protect their intellectual property. However, if you have a low budget or are new to copyright protection software, there are free options that can help you protect your content as well.

Protection software is a must-have in any business. It helps to protect the rights of the copyright holders by detecting and preventing copyright infringement.
Brand protection solutions have been in use for decades, but the usage has increased exponentially in recent years. The key reason behind this is that more and more people are using the internet to sell their products and services. A lot of people who are selling their products online don’t have a physical store to protect themselves from copycats or competitors. This is where brand protection software comes into play by automatically scanning for any infringements on trademarks, logos, and other intellectual property rights of the business owner or company which they own it.

Why brands need protection?

  • – It can prevent unauthorized parties from stealing your content and intellectual property.
  • – It can protect your brand and digital assets.
  • – It can help you stay competitive by preventing copycats from using your brand name.    
  •  – It can reduce the time it would take to create a new campaign or product, which in turn saves money.
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