Is it legal to sell first copy?
There is no legal way to sell a first copy. Any kind of copy being sold either online or offline is not legal. Mostly, design of the product, logo, bran name, etc. are trademark protected.
Can I sell copy branded products on Amazon?
Selling counterfeit products is illegal and a crime as per law. Selling copy of branded items is illegal in india and can be penalized with heavy compensations.
Are first copy products good?
FIRST copy products are those products that are copied from an existing design of luxury brands, they look similar to that product but do not have similar quality and processing, they are cheap than the original one. First copy shoes and cloths have their own markets. NOTE– They are illegal, too.
What is second copy of branded products?
So those that are cheap are called second copy watches and expensive is called the first copy. The technically first and second copy is duplicate watches of original, the one called first copy watches is a better quality duplicate and the second one is a cheap quality duplicate.
Can I sell clothes on myntra?
Myntra allows only the business entity, and not an individual to sell on Myntra. Therefore to become a seller in Myntra, the applicant needs to own a legally registered business. You can register the business under 4 nature.
Does Myntra sell first copy of shoes?
Yes Myntra Flipkart Amazon etc sell first copy specially of big brands Nike Adidas Puma. Beware of shoes mostly. Nike Adidas Puma charge 50 lakh to 1cr as franchise fee.
When did Flipkart acquire Myntra?
Flipkart acquired Myntra in 2014 for a record-breaking deal valued at ₹2,000 Cr ($280 million). At the time of acquisition by Flipkart, Myntra had a total of 1,50,000 products of over 1000 brands, catering to over more than 9000 pin codes in India.
How does mymyntra work?
Myntra is one of the leading fashion e-commerce of India. As per their guideline and rules they only tie ups with nationalised and international brands. They have their warehouses where they keep the frequently selling products. All the orders are not handled by the main store of brand. They deal with the nearest brand distributor .
Why Myntra is India’s favorite online shopping platform?
Myntra is India’s favorite shopping platform for customers who believe in quality over perfection. When we talk about fashion and online shopping, the first thing that comes to our mind is Myntra. Myntra in its initial days started selling personalized gift products to the largest fashion site in India.