The study revealed that counterfeit items were most commonly published on e-commerce websites (39%) and social media (39%). Most (68%) of social media purchases were on Facebook.
Given that the global internet economy is worth about $15tn (R283bn), e-commerce is fertile ground for scammers and counterfeit merchants.
“Online marketplaces can be a fantastic place to purchase new and used goods at great value. Unfortunately, at times, sellers try to pass counterfeit goods, for the real deal,” says Jacques Jordaan, operations manager at Bob Group.
“These fake products often mimic the appearance of genuine items but lack the same quality, performance, and safety standards. It’s essential for the marketplace to constantly check the legitimacy of sellers and the goods they sell.”
The golden rule, Jordaan says, is that if products and prices look too good to be true, they probably are.
If a seller offers a vast quantity of famous or limited-edition products, it may be a sign of counterfeit goods, primarily if the product is known to be in high demand or difficult to obtain. A lack of description and photos can also flag potential problems with items.
Jordaan recommends that marketplaces should have a history for the seller. Bob Shop, for example, displays the seller's average rating score on every listing page and allows the consumer to navigate to a dedicated rating page for each seller.
“The consumer should also be comfortable with the marketplace’s payment options and ensure that they are offered by leaders in the payment field.”
Having limited or only one payment method should be a big red flag for buyers. Buyers should also be able to contact the marketplace’s support teams quickly.
He mentions several points in the online shopping journey where consumers might encounter counterfeit and unsafe goods. These include:
