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Online shopping has become a giant fake-product machine

Online shopping has become a giant fake-product machine

TikTok is better than any other digital platform for turning cult favourites into global bestsellers – and making counterfeiters money.

In my bathroom, I have a bottle of snail slime I apply to my face every day. It’s not as weird as it sounds. The snail slime has been formulated into a widely beloved skincare serum made by South Korean beauty brand COSRX. It was a cult favourite among American skincare enthusiasts for years before becoming a viral hit last year. But what is weird: I have no idea if the product I’m using is real.

Along with the serum’s sudden internet fame came a huge spike in demand. While COSRX worked to ramp up production and distribution to keep the real thing in stock, a flood of counterfeiters rushed in with products in almost identical packaging that claimed to be the real thing.

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Bloomberg Businessweek

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Original URL: https://www.afr.com/companies/retail/online-shopping-has-become-a-giant-fake-product-machine-20240618-p5jmqb