The Challenge
Topcon, a global B2B company serving professional entities, faced significant challenges when counterfeit versions of their products broadly emerged in ecommerce globally. With the rapid growth of ecommerce, counterfeiters exploited their brand, leading to an increasing presence of fake products in the market. This situation demanded immediate action against the growing threat of counterfeiting.
The Solution
Topcon previously dealt with counterfeits internally and with assistance from local investigation firms, but it proved inefficient, causing delays and increased workload. Red Points offered an advanced brand protection solution using AI-driven detection and enforcement rules. This streamlined Topcon’s efforts, automatically addressing over 50% of new infringements, setting Red Points apart from other solutions.
The Result
Topcon’s implementation of Red Points’ brand protection solution achieved remarkable results, eliminating on average between 300 to 500 infringements per month with an 89.4% success rate. The estimated value of these infringements reached $22,018,052, reinforcing Topcon’s commitment to genuine products and deterring counterfeiters, creating a safer marketplace for customers.
TOPCON
Topcon Corporation is a global leader in professional precision measurement solutions including surveying geospatial instruments and ophthalmic medical equipment. Topcon remains at the forefront of precision measurement solutions.
Established in 1932 in Tokyo, Japan, Topcon provides advanced technology of precision optics and opto-mechatronics for industries such as surveying, construction, agriculture, and healthcare. With a focus on innovation, Topcon develops cutting-edge instruments, software, and devices that enhance productivity and accuracy for users. Their product range includes surveying instruments, positioning systems, imaging systems, machine control systems, and eye care solutions. As an award-winning digital transformation (DX) company Topcon is committed to improving quality of life and driving industry advancements.
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https://global.topcon.com/
Industrial products
Tokyo, Japan