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With counterfeiting climbing, here’s a 2-in-1 process for brands to keep products safe—without compromising aesthetics.
Oliver and Authentix are both experts in their respective fields—the first, a packaging and printing specialist; the latter, a leader in integrated secure technology. By partnering, they easily, effectively and discreetly manage the relationship between a brand’s packaging converter and security provider, creating a protected cosmetics carton that fully conveys the beauty and depths of the brand—and guards against counterfeiting and diversion in the supply chain. Here, Franco Diaz CPP, Brand Protection Director, Authentix, and Doug Doroh, Vice President Sales & Marketing, Oliver, tell us more. Jamie Matusow: What is ‘brand protection’ and why is it important? Franco Diaz, Authentix: By brand protection, we are referring to protecting valuable branded products from counterfeiting, diversion and compromise. This process can consist of minimal effort like reconciling volumes in the supply chain via data analysis, all the way to integrating security features onto the product and packaging for detailed track and trace information in real time. These security features allow for rapid authentication of legitimate products and identification of unauthorized products in the supply chain, greatly deterring unauthorized distribution, and leaving brand owners better able to protect consumers from potentially harmful fakes—a capability both Oliver and Authentix are proud to offer customers. Covert and forensic security features are used discreetly so products can be authenticated using proprietary methods without involving the consumer. Layering overt with covert features creates a unique opportunity to make the consumer aware of the features, which are nearly impossible to duplicate, and build brand value. The resulting beautiful, but complex, package deters counterfeiters and diverters as they realize they cannot duplicate such complexity. The scope of the counterfeiting problem is significant. In addition to the health hazards, total international trade in counterfeited goods is estimated to reach $991 billion by 2022. In the U.S., seizures of counterfeited goods had an MSRP of $1.55 billion in 2019. Implementing a brand protection strategy will:
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