What are the top 2 challenges in IP enforcement you see affecting your industry over the next year?
1) More counterfeits circulated online. With the rapid development of e-commerce, more counterfeit products are sold via the Internet. Due to the improvement of craft of counterfeits, virtual info of sellers and logistics etc., it increases the challenge for the brands to identify and locate the infringers.
2) More difficulty in investigation and evidence collection. Infringers’ complicated labor division respectively in production, distribution and sales brings challenge to investigation. While sales via popular promotion activities like "live streaming sales" is quite short period from counterfeits discovery to takedown resulting not enough time to proceed investigation and evidence collection.
What are your top 2 recommendations to a brand that is building up its IP enforcement program?
1) Establish a complete IP protection system - To positively apply for relevant protection rights in advance will be more efficient than passively defend infringement after being infringed. Meanwhile to establish a strong IP protection team to respond quickly when there is any infringement.
2) Protect key products and key markets - To crack down the infringers seriously and create strong deterrence in the market; To set priority and take protections to ensure the company’s key products and business will not be affected by infringement and counterfeits etc.
What’s the best piece of advice you have ever been given?
Win-win thinking. In our work, high performance is largely achieved through the collaboration of two or more people. Win-win thinking is based on this idea. During the interactions with other people, we need to think what we can bring and how we could help, looking for a solution of mutual benefit.
Contact info: wenjuan.yu@sinofaith-ip.com