The term “gray market” can be used in multiple ways. The two primary usages of this term indicate a market for legal goods that is carried on in a manner that is not intended by the original manufacturer of the goods.
How to Stop Gray Market and Counterfeit PiracyNEW Momentum
This white paper discusses gray market issues and challenges; presents an overview of Archstone’s strategic approach, process and techniques for combating product diversion; and demonstrates the capabilities and effectiveness of New Momentum’s ERM software solutions in a plan of attack against diverters.
Strategies to combat grey market salesNEW Momentum
Developments in internet technology have made it possible for online shopping and ecommerce to flourish successfully. You have a wide selection of products today to choose from and some of them come with attractive discounts.
Grey Market:
Role of Governments
Attraction of grey market to firms
Counteracting the grey market
Consumers within the grey market
Conclusion
References
In this paper, I will illustrate how grey markets operate in domestic and international settings, apply these concepts towards the structure of several large and active grey markets currently in operation, demonstrate the effect of these unauthorized vendors upon manufacturers and retailers in operation within said markets, discuss how these white market operators have attempted to counteract these effects, and conclude by suggesting further actions these companies may implement to work with and around unauthorized resellers.
"Going EAST. Challenges and tips to enter new markets. Spotlight on Poland"
1. Different strategies to enter new markets 2. Overview of eCommerce market and size of the opportunity in the CEE region 3. Important factors for customers to be taken into consideration
How to Stop Gray Market and Counterfeit PiracyNEW Momentum
This white paper discusses gray market issues and challenges; presents an overview of Archstone’s strategic approach, process and techniques for combating product diversion; and demonstrates the capabilities and effectiveness of New Momentum’s ERM software solutions in a plan of attack against diverters.
Strategies to combat grey market salesNEW Momentum
Developments in internet technology have made it possible for online shopping and ecommerce to flourish successfully. You have a wide selection of products today to choose from and some of them come with attractive discounts.
Grey Market:
Role of Governments
Attraction of grey market to firms
Counteracting the grey market
Consumers within the grey market
Conclusion
References
In this paper, I will illustrate how grey markets operate in domestic and international settings, apply these concepts towards the structure of several large and active grey markets currently in operation, demonstrate the effect of these unauthorized vendors upon manufacturers and retailers in operation within said markets, discuss how these white market operators have attempted to counteract these effects, and conclude by suggesting further actions these companies may implement to work with and around unauthorized resellers.
"Going EAST. Challenges and tips to enter new markets. Spotlight on Poland"
1. Different strategies to enter new markets 2. Overview of eCommerce market and size of the opportunity in the CEE region 3. Important factors for customers to be taken into consideration
E-commerce Berlin Expo - Oliver Prothmann - Bundesverband OnlinehandelE-Commerce Berlin EXPO
"European online marketplaces – manifold opportunities for trade"
Oliver Prothmann (President of Bundesverband Onlinehandel e.V. BVOH) – is a recognized expert on European online marketplaces. Get an in-depth understanding of how important marketplaces now are for consumer technology channels and how vendors, distributors and retailers should engage with the online giants running these trading platforms. Find out which sales channel could be your next one.
Batra Computer Centre is An ISO certified 9001:2008 training Centre in Ambala.
We Provide Best Computer Training in Ambala. BATRA COMPUTER CENTRE provides best training in C, C++, S.E.O, Web Designing, Web Development and So many other courses are available.
"Multichannel vs. Producer S01E01 – Basics"
Online grocery sales is like Yeti – everybody heard about it, but no one saw it. Is online grocery separate channel or part of customer journey? So it’s marketing, sales or both. Producer and online grocery cooperation basics. Key problems and simple solutions. Next steps of PL online grocery market development.
E-commerce Berlin Expo 2017 - The German E-Commerce Market: How the Consumer ...E-Commerce Berlin EXPO
Nadine Litchfield SM Consumer Markets & E-Commerce Germany Trade & Invest
Germany’s E-Commerce Market: Current data, developments and trends, and the significance of the Consumer: How does the German consumer shop and pay? Is he as demanding and unloyal as generally perceived? Setting up your own subsidiary in Germany: Your way to sustainability in Europe’s largest market
Global Powers of Retailing Deloitte 2018Oliver Grave
Global Powers of Retailing Top 250
The 21st annual Global Powers of Retailing identifies the 250 largest retailers around the world based on publicly available data for FY2016 (fiscal years ended through June 2017), and analyzes their performance across geographies and product sectors. It also provides a global economic outlook and looks at the 50 fastest-growing retailers and new entrants to the Top 250.
The top five largest retailers maintained their positions on the leader board. A combination of organic growth, acquisitions, and exchange rate volatility shuffled the rest of the Top 10—which now accounts for 30.7 percent of the overall Top 250’s retail revenue (compared to 30.4 percent last year).
Retailers of fast-moving consumer goods (FMCG) are by far, the largest companies (average retail revenue of nearly US$21.7 billion) as well as the most numerous (135 retailers accounting for 54 percent of all Top 250 companies and two-thirds of Top 250 revenue).
Transformative change, reinvigorated commerce
The rules of retailing are being rewritten in this time of transformative change. Innovation, collaboration, consolidation, integration, and automation will likely be required to reinvigorate commerce, profoundly impacting the way retailers do business now, and in the future. Across the retail industry, disruption of traditional business models has given way to unprecedented and transformative change—change required online and offline to better serve more demanding shoppers and redefining customer experience.
The four trends identified in the report are:
- Building top-notch digital capabilities
- Combining bricks and clicks makes up for lost time
- Creating unique and compelling in-store experiences
- Reinventing retail with the latest technologies
Facts and figures for the Online Beauty Market were presented at the “1st Athens Beauty Conference” of Boussias Conferences.
For the first time, we showcased data and key takeways for Online Beauty Stores & FMCG Brands.
E-commerce Berlin Expo 2017 - Kick your business to the next level with multi...E-Commerce Berlin EXPO
Jan Lastuvka CEO & Co-Founder MonkeyData
Multi-channel selling has become a necessity for online retailers. Selling across multiple sales channels has complicated the way retailers can effectively manage their business. With more channels, marketplaces and social media platforms to sell on, daily operations and data analysis have become more complex. In this presentation I will show you tips on how to select the best sales channels and how to analyze the data to be successful in multichannel sales.
Internet and e-commerce are having a large and lasting impact on retail globally, disrupting the traditional way of conducting retail business. This trend is creating opportunities for new entrants while demanding that incumbent retailers adapt quickly – or perish. Globally, this is one of the key topics on the agenda of our retail clients.
First Sale Doctrine - Gray Market GoodsKlemchuk LLP
This presentation references the Costco Wholesale Corp. v. Omega S.A. lawsuit and discusses the first sale doctrine, based on where goods are made and sold.
E-commerce Berlin Expo - Oliver Prothmann - Bundesverband OnlinehandelE-Commerce Berlin EXPO
"European online marketplaces – manifold opportunities for trade"
Oliver Prothmann (President of Bundesverband Onlinehandel e.V. BVOH) – is a recognized expert on European online marketplaces. Get an in-depth understanding of how important marketplaces now are for consumer technology channels and how vendors, distributors and retailers should engage with the online giants running these trading platforms. Find out which sales channel could be your next one.
Batra Computer Centre is An ISO certified 9001:2008 training Centre in Ambala.
We Provide Best Computer Training in Ambala. BATRA COMPUTER CENTRE provides best training in C, C++, S.E.O, Web Designing, Web Development and So many other courses are available.
"Multichannel vs. Producer S01E01 – Basics"
Online grocery sales is like Yeti – everybody heard about it, but no one saw it. Is online grocery separate channel or part of customer journey? So it’s marketing, sales or both. Producer and online grocery cooperation basics. Key problems and simple solutions. Next steps of PL online grocery market development.
E-commerce Berlin Expo 2017 - The German E-Commerce Market: How the Consumer ...E-Commerce Berlin EXPO
Nadine Litchfield SM Consumer Markets & E-Commerce Germany Trade & Invest
Germany’s E-Commerce Market: Current data, developments and trends, and the significance of the Consumer: How does the German consumer shop and pay? Is he as demanding and unloyal as generally perceived? Setting up your own subsidiary in Germany: Your way to sustainability in Europe’s largest market
Global Powers of Retailing Deloitte 2018Oliver Grave
Global Powers of Retailing Top 250
The 21st annual Global Powers of Retailing identifies the 250 largest retailers around the world based on publicly available data for FY2016 (fiscal years ended through June 2017), and analyzes their performance across geographies and product sectors. It also provides a global economic outlook and looks at the 50 fastest-growing retailers and new entrants to the Top 250.
The top five largest retailers maintained their positions on the leader board. A combination of organic growth, acquisitions, and exchange rate volatility shuffled the rest of the Top 10—which now accounts for 30.7 percent of the overall Top 250’s retail revenue (compared to 30.4 percent last year).
Retailers of fast-moving consumer goods (FMCG) are by far, the largest companies (average retail revenue of nearly US$21.7 billion) as well as the most numerous (135 retailers accounting for 54 percent of all Top 250 companies and two-thirds of Top 250 revenue).
Transformative change, reinvigorated commerce
The rules of retailing are being rewritten in this time of transformative change. Innovation, collaboration, consolidation, integration, and automation will likely be required to reinvigorate commerce, profoundly impacting the way retailers do business now, and in the future. Across the retail industry, disruption of traditional business models has given way to unprecedented and transformative change—change required online and offline to better serve more demanding shoppers and redefining customer experience.
The four trends identified in the report are:
- Building top-notch digital capabilities
- Combining bricks and clicks makes up for lost time
- Creating unique and compelling in-store experiences
- Reinventing retail with the latest technologies
Facts and figures for the Online Beauty Market were presented at the “1st Athens Beauty Conference” of Boussias Conferences.
For the first time, we showcased data and key takeways for Online Beauty Stores & FMCG Brands.
E-commerce Berlin Expo 2017 - Kick your business to the next level with multi...E-Commerce Berlin EXPO
Jan Lastuvka CEO & Co-Founder MonkeyData
Multi-channel selling has become a necessity for online retailers. Selling across multiple sales channels has complicated the way retailers can effectively manage their business. With more channels, marketplaces and social media platforms to sell on, daily operations and data analysis have become more complex. In this presentation I will show you tips on how to select the best sales channels and how to analyze the data to be successful in multichannel sales.
Internet and e-commerce are having a large and lasting impact on retail globally, disrupting the traditional way of conducting retail business. This trend is creating opportunities for new entrants while demanding that incumbent retailers adapt quickly – or perish. Globally, this is one of the key topics on the agenda of our retail clients.
First Sale Doctrine - Gray Market GoodsKlemchuk LLP
This presentation references the Costco Wholesale Corp. v. Omega S.A. lawsuit and discusses the first sale doctrine, based on where goods are made and sold.
Ways to End Gray Market Sales & Its EffectNEW Momentum
In today’s fast evolving global economy, gray market diversion is gradually becoming an acute concern that most brands encounter. Unlike black market practices, were refurbished, counterfeit or stolen products are sold as authentic brand products, gray market activities involve unauthorized movement of commerce across multiple territories by fake distributors and channel partners.
Importance of Combating Gray Market ActivityNEW Momentum
In a study conducted recently by Components Director for a well known semiconductor supplier of both digital and analog devices, found out that over 90 million units of the products that got sold were gray market sales.
E-Marketing (Electronic Marketing) are also known as Internet Marketing, Web Marketing, Digital Marketing, or Online Marketing. E-marketing is the process of marketing a product or service using the Internet. E-marketing not only includes marketing on the Internet, but also includes marketing done via e-mail and wireless media. It uses a range of technologies to help connect businesses to their customers.
Contents :-
Meaning
Features
Concept
Challenges
Opportunities
Counterfeiting – a major threat to the brandsNEW Momentum
Wikipedia refers to counterfeit products as “fake replicas of the real product and describes the forgeries of currency and documents, as well as the imitations of works of art, toys, clothing, software, pharmaceuticals, watches, electronics, handbags and shoes”.
Promotional products distributors are beginning to leverage new technology platforms to compete more effectively in the areas of pricing, product assortment, and promotional tactics.
Meeting The Counterfeiters Head On The Expanding Business Of Fake PartsLasersec Technologies
Counterfeiters are all over the field, and they are not leaving any business
untouched. It hurts business most in this regard, is the automobile industry for
more than one reason. Since its inception, the counterfeit practice has grown to
become nearly equal to that of the original in many aspects.
So much so, any authorized dealer will tell you how much loss they incur
because somewhere in the supply chain, the counterfeiters enter the scene and
complicate the situation. More importantly, little administrative intervention or
attention has been given in this regard.
Digital Marketplaces Could Solve a Huge Problem For Wholesale Buyers at Live ...Michelle Bruno
Visual summary of the EventTechBrief.com article, "Digital Marketplaces Could Solve a Huge Problem For Wholesale Buyers at Live Trade Shows." To read the full article or subscribe to the newsletter, visit EventTechBrief.com
Brands and retailers alike should be demanding more from online sales. Connected Life reveals the barriers to eCommerce fulfilling its potential – and shows how marketers can overcome them.
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Counterfeit Goods
Introduction
Counterfeit consumer goods are products that are sold with the name of another brand without the original brand owner authorization and are often of low quality. In other words, they are described as knockoffs, fake, replicas or copy products. The sellers of these products often infringe the patent, trademark and the copyright of the owner of the brand by using the names of the brand as theirs. The prevalence of counterfeit products has extended to almost every nation in the world and this is not only posing a risk to a country’s local industries that fear lack of market for their products but also a health risk to people who use these products. Counterfeit products are in every industry such as pharmaceuticals, construction, software, toys, perfumes, music recordings, medicine and others (Ahmad, Shamsi & Hussain, 2016). The use of counterfeit products such as fake medicine pose a dangerous health problem to individuals and also the construction of building using counterfeit goods leads to the collapse of these building during or sometime after construction hence resulting to loss of property and lives. Counterfeit products only last for a short time hence making the buyers incur more costs when purchasing the products again. Consumer behavior relates to how customers select and buy goods in the market to satisfy their want. The relationship between selecting or buying counterfeit and consumer behavior largely depend on customer's attitude towards the counterfeit product where he or she might have purchased one before, pricing, integrity, personal gratification and subjective norm (Carpenter & Edwards, 2013). This paper will, therefore, determine the effect or impact of having counterfeit products on consumer behavior. Further, the paper will determine how the customer attitude and behavior influence their selection decisions. Companies also require information on consumer behavior so that they can devise their marketing strategies by checking at how the consumers respond to a certain counterfeit product.
Impacts of Counterfeit Goods on Consumer Behavior
To examine the relationship between counterfeit products and consumer behavior several factors such as consumer intentions, pricing, integrity, and availability as well as how they link to each other. By describing the above factors will bring light on how the consumer is tricked into buying these products thinking it’s genuine. Some people either purchase knockoffs intentionally or unintentionally due to the high level of similarities (Blackstone, Fuhr & Pociask, 2014). Recently most counterfeit products have moved towards ensuring improving quality of their products hence making it difficult to differentiate between them with the original one.
First, customer intentions largely determine if one will go for a replica product or not. Customers have different needs and they choose products depending on ho.
Check out these tips for protecting your brand identity, profit margins, and distribution channel from MAP pricing violations MAP is commonly used in the retail industry, where manufacturers list their products for sale at a specific price but allow retailers to sell them at a lower price.
The Future of Global Payment Processing Solution MarketPaycron
Learn about the latest trends and developments in the payment processing solution market, including a SWOT analysis, business standards, value chain analysis, and sales channel analysis. Discover why the market is expected to grow at a compound annual growth rate of USD 49.84 Billion in 2022 and reach USD 83.19 Billion by 2027, and why eCheck payment plan is the best and most reliable solution for the upcoming payment processing solutions. Stay ahead of the competition with this comprehensive guide.
Exploring Alternative Distribution Channels For Agro Exports.pdfPiyush Tradologie
Agricultural producers are constantly looking for novel ways to broaden their market reach and boost sales of their products in today's globalized world. Historically, agro exports have relied on conventional distribution channels, involving middlemen like wholesalers and retailers. Alternative distribution channels, like online platforms and direct-to-consumer sales, have, however, emerged as effective solutions due to the development of technology and shifting consumer preferences. Let us examine the advantages, difficulties, and actual examples of utilizing these alternative channels for Agricultural Exports:
Black Friday has been established as an undeniably powerful moment that mobilizes the consumer public; Therefore, we composed a presentation, in which we analyzed every perspective of Black Friday, coming to conclusions and providing directions that aim to help companies achieve the best possible result in this competitive period.
Insights from 2,000 UK consumers explain - How retail stores could safely reo...imogenkw
A survey of 2,000 British consumers suggests how stores can safely stay open for business as the Coronavirus lockdown eases. Three key insights demonstrate how Covid-19 will change retail for now and in the future.
Report by retail technology company Qudini: Provider of appointment booking and virtual queuing software.
(Apologies for the low resolution, the file is high res until uploaded. Feel free to get in touch for the high res file: info@qudini.com)
Top 5 Emerging Trends That Will Change The Legal Marketing And Industry In 20...Future Education Magazine
Here Are 5 Trends That Will Change The Legal Marketing And Industry In 2023: 1. No hurting religious sentiments2. No direct pointing at competitors' brands 3. Value-adding content 4. The use of Artificial Intelligence will enhance idea formation
How to Stop Gray Market and Counterfeit PiracyNEW Momentum
Theft. Piracy. Counterfeits. Gray market activity. These words and their implied threat to any company’s bottom line intimidate even the most intrepid executive.
"Outsourcing and globalization have numerous benefits, but they have a significant downside—the proliferation of counterfeits and sales through unauthorized channels."
Impact of counterfeits on electronics companiesNEW Momentum
Outsourcing and globalization have numerous benefits, but there is a downside—the proliferation of counterfeits and sales through unauthorized channels. This paper demonstrates the impact of counterfeits on electronics companies and gives solutions for finding the violators as well as a four-step roadmap for recovering revenue lost to counterfeits.
Impact of counterfeits on electronics companiesNEW Momentum
Outsourcing and globalization have numerous benefits, but there is a downside—the proliferation of counterfeits and sales through unauthorized channels. This paper demonstrates the impact of counterfeits on electronics companies and gives solutions for finding the violators as well as a four-step roadmap for recovering revenue lost to counterfeits.
1. Combat Gray Market Sales Today
Rapid and innovative development in the internet technology have played in an essential role in
flourishing eCommerce and online shopping sites. There are times when you come across online
deals with attractive discounts and offer prices. Though it all seems lucrative at the first glance, but
there is a high chance of these products being duplicated by unapproved channels and sold at a
lesser or higher price. Hence, there is no guarantee that these products and their prices are
authentic. The internet today has given rise to gray market or parallel markets that sells faulty goods.
Defining Gray Market
The term “gray market” can be used in multiple ways. The two primary usages of this term indicate a
market for legal goods that is carried on in a manner that is not intended by the original manufacturer
of the goods. Generally, by itself gray market is not an illegal domain, and neither the products
purchased. However, it is highly unregulated and this it can lead to concerns for customers who buy
goods from the gray market channels.
For the consumers who are expecting authentic products and authentic manufacturer’s warranty will
be upset by gray market sales. Owing to the fact that is it disorganized and the channels are not
approved by original manufacturers there is a chance of faulty goods or duplicated goods entering
the market. This in turn results in customer dissatisfaction and loss of original brand reputation.
There have been cases where the products sold in gray market sales are outdated or old, no more
into use or have crossed their expiry date that have affected the consumers. This has an acute and
dangerous effect when it comes to the pharmaceutical industry with medicines being sold even after
their expiry date. All these put together results in health hazards, monetary loss and loss of
consumer goodwill.
2. How to combat Gray Market sales
Today service providers specializing in enterprise risk management has come up with innovative
solutions to combat gray market sales, that also helps you to retrieve the lost brand image and
market share by making the value chains tighter. These companies have set up an advanced web
mining and reporting technology that provides enterprise visibility beyond the supply chain. The
solution also provides a prioritized actionable data against any kind of fraud practices. The solution
enables end users to halt counterfeits and gray market sales and can also monitor a wide selection of
sources globally that includes B2B sites, auctions, and gray market emails and many more. The
moment a fraudulent activity is detected, the supply data are prioritized and analyzed within the
solution and offered to take the necessary actions.
Read More About: Counterfeiting, Brand Management, Anti-Counterfeiting