Op-ed: The five consumer groups buying fake brands in China—and what to do about them
Associate Professor in Marketing Lars Bergkvist at the University of Nottingham in Ningbo and Li Wanzhen at the EDHEC Business School explain why knockoff goods remain a resilient draw for so many of China’s consumers. Fake brands are still ubiquitous in China, on sale in well-known places such as the Silk Market in Beijing and the “fake market” on West Nanjing road in Shanghai. In the streets touts try to lure punters into “secret” shops, and there are countless online outlets offering shoppers “replica” products. Fake brands cost the makers of luxury and other branded products billions of dollars every year in lost sales and, more importantly, in eroded brand equity as those who are knocked-off become less attractive to consumers.
Related Posts
165 kgs of adulterated tea powder seized from unit in Hyderabad’s Chandanagar; Food colours and flavour was used
Hyderabad police commissioner’s Task Force (South Zone) along with the Food...
Producing a Successful Brand
Craig-Alexander Wilson, Head of Strategic Development, at Fake Bake Beauty at...
Mumbai Crime Branch Seizes ₹32 Lakh Worth Of Smuggled E-Cigarettes, Arrests One
Mumbai: In a major crackdown on the rising trend of e-cigarettes among youth,...
In land of fakes, Chinese e-commerce giant sells trust
Before he became a billionaire in e-commerce, Richard Liu was a failure. As a...



