Question

What if a company copies other brand product and sells under its name

Answer 1

Imitation is the sincerest form of flattery, as the old saying goes. But, while that may be true in certain areas of life, it’s hardly reassuring when it happens in the business world. All that imitation says in that context is that someone else is out there trying to latch onto an idea or niche that you’ve spent months or years building.

Copycats, moreover, are people who sit on the sidelines and wait for others to find success. As soon as they smell success, they jump in and try to make a quick buck. While copycats are rarely successful in the long run, they can eat up some of your profits. And that's what you need to be cognizant about, moving forward.

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