If you’ve been following my content, you often hear me say building a strong brand is one of the most important things in today’s business environment. And one of the signs you have a strong and successful brand is when you start seeing counterfeit products.
According to OECD data, the global trade in counterfeit goods in 2023 was $1.023 trillion, or 3.3% of the total global trade. And despite efforts from brands and marketplace operators, these products are all over merchant websites, including some of the most popular.
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