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Do You Agree? "The problem with counterfeits is they’re “better quality” than authentic goods" – Jack Ma

Jack Ma just got himself some REAL enemies. The founder of Alibaba claimed that fake goods often have higher quality and lower pricing than the originals.
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Yeah, he said that! In his own words via Bloomberg:

“The problem is that the fake products today, they make better quality, better prices than the real products, the real names. It’s not the fake products that destroy them, it’s the new business models.”

Jack Ma has probably not bought an Adidos sneaker
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Or a Nokla phone
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Or a Nintendo Polystation
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Or a Docha and Cabanon Jean.
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Or a SQNY Battery
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Or a Knie
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Or a Joens Danhse
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People, I could go on and on without exhausting the list. However, in his defense: He said that:

The problem is that the fake products today — they make better quality, better prices than the real product. The exact factories, the exact raw materials, so they don’t use the name.
He also added this
We have to protect [intellectual property], we have to do everything to stop the fake products, but OEMs are making better products at a better price.”

With more than 40% of online sales in China being “counterfeit or bad quality,” there are some products that are of great quality, but according to Cao Lei, director of the China E-Commerce Research Center in Hangzhou,
“For some individual cases, what he’s saying might be true, but it’s wrong to generalize the phenomenon.”
Now bringing it back home, you can definitely bear a witness to the fact that Phone OEMs who started off as a ripoff are now doing quite well, sometimes even better than the real deals which are usually expensive.  So yeah, I kinda agree with Cao Lei.
Mr. Jack Ma, take a cue from Cao Lei and avoid generalizing, okay?

Your thoughts?

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9 comments on “Do You Agree? "The problem with counterfeits is they’re “better quality” than authentic goods" – Jack Ma

  1. I agreed with Lei. Fake products are the most common nowadays. No product without its own counterfeit product.
    People are hustling

  2. Mavellous says:

    Hello Misstechy, Maybe the first time commenting but not on this post. i only want you to post the specification of the new infinix XB01 as soon as possible….

  3. paykobo says:

    Thanks for this article, it’s really a cause for concern. Any product that is seen as counterfeit should have gone through the same process the original product will go through. So we should not forget that its the name (Brand/Branding) that differs and maybe sometime trying to imitate the original so as to get acceptance or fast sales. If the name of all product are removed from the brand can you tell the difference of quality. Brand is a choice over others. Thanks, Kudos to the Miss Techy’s work and her team.

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  5. Brown says:

    Nice article, but its the truth counterfeit are viral. Commenting from http://www.primeteks.com

  6. winblogpress says:

    Fake products everywhere.

  7. zita obeta says:

    I don’t agree with him. A fake can never be better than the original

  8. well, just a few sha….look at Tecno…..they are better than many……
    I actually sell some good quality items I buy from china…they are selling very well, some of you here have these items…I test b4 I push into the market ohh!!

  9. KingAbsolute says:

    I believe Jack Ma but its not in every aspect…
    In Nigeria for example, most fake products are better than the originals.

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