The goods are of inferior quality, and they are sold under any other brand name without the authorization of that particular brand owner. As the owner may have transferred the trademark or copyright to another person to have the boost in the sale of that particular brand is known to be Counterfeit Designer Products. And it has countless benefits in their pocket as they sell the mirror image of original and primary brand products at reasonable. Heavily discounted price this is the main reason why this has gained its ground on a larger scale.
Few different types of Counterfeit Designer Products
Web sale- as per one study which was conducted in the USA, tells us the story that almost 60% of the consumers around the globe have done shopping. With the help of the internet and they have bought their goods from online shopping sites, and this the primary reason. Why they have turned their face toward the internet and started to sell their counterfeit products and according to the research. That it has collected more than 1.5 million dollars in the year 2017 and estimated to raise 4 trillion by 2020 and we can just imagine the level of this company by dramatic statics.
Electronic items- one of the most significant portions from which this venture has earned the highest percentage of income is an electronic item. As they provide lusty offers like top cashback offers and attractive EMI options, which help them to attract new clients. Also, they make sure to keep their old consumers happy and satisfy as they give them prime membership, and this automatically increases their overall growth and revenues in a short time. Therefore this is the way how they systematically generate huge revenues. Also, this gives excellent assistance to the global GDP.