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
Fine of up to QR1m for smuggling oil products
Emir H H Sheikh Tamim bin Hamad Al Thani yesterday issued Law No. 6 of 2016 on...
Fake goods must be flushed out
Obviously, they have the right to get the full value for their money. Despite the...
Fake cosmetics flood the market
A local cosmetics distributor, Black Opal Zimbabwe, has expressed concern over...
Blowing in the wind: OLAF helps seizing 75 million cigarettes
The European Anti-Fraud Office (OLAF) had a good year’s start by carrying out,...


