What are the top 2 challenges in IP enforcement you see affecting your industry over the next year?
One of the main challenges in IP enforcement I have observed is the rapid shift of production of counterfeit products to new production hubs outside China in Asian and Middle Eastern countries. This shift imposes to right holders to get familiar with challenging jurisdictions with less mature legal frameworks and be ready to invest in brand protection activities to counter the expansion of the illicit activities. The second challenge is to get the right resources to take actions in these jurisdictions. The access to effective and compliant investigation service providers is a must for deploying enforcement activities before the situation gets out of control. It is a fantastic journey to lead clients into the implementation of brand protection activities in these new territories and provide them with local support and connections to get the results they want.
How do you show your clients the value of brand protection?
For me, the best way for demonstrating the value of brand protection to clients is to highlight the tangible benefits it offers. By safeguarding their brand, clients ensure consistent quality, maintain consumer trust, and safeguard market share. It is all about generating impact on the counterfeit supply chains and reducing the counterfeit market-share. As I consistently stress in relation to counterfeiting: Opting for the appropriate actions leads to a reduction, while refraining from action inevitably leads to its escalation.
What is the most interesting place you have been to?
My brand protection career has led me to travel across all five continents, making it challenging to choose just one captivating place. Nonetheless, Ethiopia and Syria have left an indelible mark on me. In Ethiopia, the rich cultural heritage imprinted itself deeply upon me, while Damascus offered a captivating blend of history and resilience. These journeys have gifted me unforgettable memories, enriched by encounters with remarkable individuals and partners.
Drawing from the insights cultivated through my brand protection career deployments, I have cultivated intimate connections with diverse cultures and individuals across Europe, Africa, Asia, and the Middle East. These connections serve as a dynamic resource to drive my clients' projects towards success.
Contact info: laurent.venetz@consutrust.com