How inferior are the fakes of fashion accessories to the original?

Many media outlets publish the words of Jack Ma, who said that Chinese forgeries are better than the originals. Jack Ma, the founder and chairman of the Alibaba Group, is one of China's most successful entrepreneurs and is worth listening to.

Alibaba Group founder Jack Ma says that counterfeit products from China are often of better quality today than original fashion brands. The words of the businessman are quoted by Bloomberg. According to Jack Ma, global brands have long relied on the services of Chinese factories and other inexpensive sites to manufacture their goods.

Over the years, Chinese factories have gotten smarter and started selling products directly to consumers using online marketplaces such as Alibaba and Aliexpress.

“The problem is that counterfeit products today are of better quality and better price compared to genuine products, genuine names,” Jack Ma said at a conference in China. "These are not fake products destroying real brands, these are new business models."

These products are manufactured in the same factories as the originals and from the same materials, but do not use the names of the original brands. Jack Ma fears that clearing the marketplace of counterfeit products could alienate sellers and buyers overseas, which is undesirable at a time when Alibaba is generating interest from investors and international brands.

Jack Ma is a bit disingenuous, claiming that Chinese sellers sell exclusively products of young Chinese brands on the Internet. Indeed, there are many such products, they can be of high quality, but do not forget about the power of well-known brands.

Therefore, on Alibaba and Aliexpress, many frank fakes for clothes and accessories of famous brands are sold. Moreover, the quality in some cases may not be inferior to the original.

Chinese factories have long had the ability to make excellent quality Chanel handbags at affordable prices. Of course, this is detrimental to the owners of the Chanel brand, but in the pursuit of profit, manufacturers, sellers and buyers are ready to turn a blind eye to the laws.

Iconic Quilted Bag Chanel 2.55 medium-sized, first launched in 1955, when the bag cost about 193 euros. By the early 1990s, the bag had risen in price to 1,011 euros. And already in May 2016 the price of the model was 4309 euros. From 2010 to 2015, the price increased by 71.9 percent!

Most people will never be able to afford the original Chanel bag, but they may love it. Therefore, many people are indifferent to the talk that it is illegal and unethical to buy fakes, they just want a thing that they like. If the quality of the fakes is not inferior to the originals, why pay more? These are the thoughts that many buyers are guided by.

Now all over the world the influence of the crisis is felt, many are forced to save, but few people want to postpone a beautiful life indefinitely. Fashion items and accessories are one of the important attributes of a beautiful life. These are the things that attract a lot of people on Alibaba, and if they are completely banned from selling them, Jack Ma's business will have a bad prospect.

It is believed that in Russia and China they love fakes very much. In fact, people in all countries of the world love to save money by buying fakes, it is just that in some countries the sale of fakes is more severely punished. Therefore, many do not risk buying fake accessories and pirated software.