A shotgun approach to brand protection will break your budget and not provide you with the results that top management expects and wants.
Counterfeit sellers not only diminish your sales but also create competitors to your authorized sellers who may stop selling your brand in response.
To many on-line shoppers, endorsements or referrals found on Social Media can have more value than formal advertising. Don’t be undermined by underestimating Social Media’s impact.
You can’t fight 21st Century problems with 20th Century weapons. Digital technology is changing faster than ever. Be current in your solutions.
Counterfeiters won’t give up because of a little slap on the hand. They know that brand owners often think that takedowns are forever and will be up and running again when your back is turned.
Your Brand can be your most valuable asset. Protect it!
Effective brand protection means being committed.
Ref #7. Educate your senior managers to the risks.
There may be little comfort in knowing you’re not alone in dealing with on-line attacks to your brand but that recognition will help you to make top management understand the magnitude and scope of the problem.
Clearly identify the risks and how your efforts are helping to minimize those risks. This is not a “legal” problem only, it can affect your company’s performance and profitability.