Counterfeit goods in the UK. Who is buying what, and why? PwC Contents

Similar documents
Tax Reporting Cloud Services

Rising to the challenge Delivering Internal Audit excellence

Use of data and technology in the audit

Czech CEO Survey 2018

Successful family businesses

Sustainability and Internal Audit Innovating to add value 21 April 2016

ISQC1 - Quality controls for audit firms

Are you prepared to make the decisions that matter most? Decision making in banking & capital markets

Revenue revolution - Planning for the new revenue standard

Delivering results Key findings in the communications industry

Securitisation working with originators

Are you prepared to make the decisions that matter most? Decision making in power & utilities

Can your customers trust your services? Third Party Assurance

- Productivity & Innovation Credit - Research & Development

UK FSA Code of Practice. The relationship between supervisors and external auditors

Are you prepared to make the decisions that matter most? Decision making in consumer goods

Doing the right thing the PwC way

PwC Nigeria IFRS Newsletter. September 2014

GDPR The role of the Internal Audit Function

Lloyds Bank Consumer Digital Index Appendix 2017

Meeting great expectations in due diligence

The importance of telling an authentic story Q&A with Gary Thompson, Group FC and Head of IR at Provident Financial

PwC Market Abuse Surveillance Survey 2016

End to End Operational Resilience

The power of analytics for better and faster decisions

Growth, place or people

21 st CEO Survey Telecom leaders maintain optimism. Key findings from the Telecommunications industry. ceosurvey.pwc

Working time management: your challenges

Strategy, success and stakeholders why your reporting matters

The importance of telling an authentic story Q&A with Andrew Price, Group FC, Legal & General

Working Capital the cheapest source of cash 2017 Middle East Working Capital study

Measuring and communicating success

IAB Internet Advertising Revenue Report 2012 Full Year Results

Assessment of the effectiveness of the Audit Committee

Internal Audit - Expect More Rising to the challenges of a dynamic risk landscape

Managing the payments landscape Standing still is not an option

Gearing up for GDPR Compliance - Practical steps to ensure compliance with the revised data protection regulation. Chris Bernau.

Bridging the gender gap

Unleashing the power of innovation

VAT Compliance Fair Join us in exploring the VAT technology universe

The new revenue recognition standard Assessing impact and implementation

Does poor project governance cause delays?

Internal Audit Outsourcing Managing change and creating opportunity

pwc.com.au PwC Infrastructure Advisory (Brisbane) Darren Black November 2013

GEMS Education Global Education Survey

The changing world of employee mobility: Trends and next practices

Enterprise Resilience A business imperative for an era of change

PwC UK and the Modern Slavery Act

A Discussion About Internal Controls February 2016

EAUC-S Careers Webinar. PwC Sustainability & Climate Change

New Public Management in Latvia September 19, 2013

The Pursuit of Manufacturing IoT Commercialization. February 15, 2018

Why global businesses need global audit networks October 2012

UK Corporate Governance Code: Raising the bar on risk management Why this is not business as usual and what you need to do to comply

Preparatory study for Steam Boilers Ecodesign

BCP Methodology Benefits realisation

PwC Digital Services Connected manufacturing. Collaboration realized.

Employability Skills session

Risk reduction? Value creation?

What s the payoff? For companies that take the opportunity to transform media spending management, the impacts can be compelling:

How we can help you with your safety challenges. Safety Risk Predictive Analytics to improve safety performance

Fighting a growing threat

Global entertainment and media outlook Amy Ball IBEC, 10 th October 2014

Committed to Consulting Excellence

Building a lower-carbon construction industry Turning good environmental performance into competitive advantage

XBRL and the EU ETS. Exploring the opportunities for streamlining ETS reporting

5th CAE Annual Conference

Getting ready for AMP6 Delivering Capex Programmes in the Water Sector

Is your supplier risk management keeping pace with your strategic

Shifting from sectors and chains to spaces and networks - What must M4P practitioners know? Dr. Shawn Cunningham Mesopartner

IAB internet advertising revenue report

The journey to a blended workforce Peter Wareham - Head of experienced and contingent recruitment November 2013

Leadership through cost transformation

Global investor survey on corporate reporting

Working together A decade of effective business transformation through shared services

Transformation confidence Helping you get closer to your transformation programme

It s all about the tech, right? How to succeed with your digital transformation

Delivering results Key findings in the Technology sector 15th Annual Global CEO Survey Sector summary

Stand out for the right reasons Getting your approach to CASS right

Planning For The Future: The integration of organisational and real estate strategies, and the impact on investors


Taking the Pulse of the Sharing Economy

Records and Information Management (RIM) Program Awareness. Reinvigorating Your Marketing Campaign

2010 State of the Internal Audit Profession Study// Attīstības tendences 2010.gadā*

Document Classification: OFFICIAL. November Working with UKTI

The finance function of the future: Use IFRS 17 to build your competitive advantage

The finance function of the future: Use IFRS 17 to build your competitive advantage

Breaking the myth How your marketing activities can benefit from the GDPR December 2017

PwC s 2015 Global Digital IQ Survey. Digital IQ perspectives: Unlocking data possibilities

Making a difference through health How PwC is helping to change lives

It s all about the tech, right? How to succeed with your digital transformation

Fit for the Future: Innovative Global Talent Transformation

Trends and challenges of climate change negotiations

The value of apprentices. A report for the Association of Accounting Technicians March 2014

Enterprise resilience Boosting your corporate immune system

Contents. Is Paris possible? 3. The Index 5. UK leading the low carbon revolution 8. China: Tackling coal consumption 9. Bracing for disruption 10

Assessment of the effectiveness of the board

Integrated Reporting Taking the first steps August 2013

Input Formats. Regions Positive Pay. It s time to expect more. Regions Bank Member FDIC

De Internal Audit Functie In een disruptieve organisatie. PwC s Digital Services

Transcription:

www.pwc.co.uk

Who is buying what, and why? PwC Contents

Who is buying what, and why? PwC 1

10 9 8 % of respondents 7 6 5 4 58% 59% 82% 84% 85% 87% 2 42% 41% 18% 16% 15% 13% Films and music Clothing and accessories Alcohol Medicines Auto parts Cigarettes Buy sometimes Never buy Who is buying what, and why? PwC 2

7 % of respondents who sometimes buy counterfeits 6 5 4 2 6 55% 35% 35% 28% 28% 14% 11% 2 19% 13% 11% Films and music Clothing and accessories Alcohol Medicines Auto parts Cigarettes 18-34 yrs 35+ yrs % of responses above or below the UK average 15% 5% (5%) () (15%) 12% 11% (9%) Clothing and accessories 8% 7% 6% 5% 6% 6% 1% (4%) (4%) (5%) (5%) (8%) (7%) Medicines Cigarettes Films and music Alcohol Auto parts London Nothern Ireland Scotland Who is buying what, and why? PwC 3

% of respondents who sometimes buy counterfeits 5 45% 4 35% 25% 2 15% 5% 4 41% Clothing and accessories 16% 16% 21% 18% 14% 4 45% Cigarettes Alcohol Medicines Films and music 16% 14% Auto parts ABC1 C2DE Who is buying what, and why? PwC 4

10 94% 9 8 8 % of respondents 7 6 5 4 2 2 6% Yes No 18-24 yrs >55 yrs Who is buying what, and why? PwC 5

35% 31% % of respondents 25% 2 26% 25% 18% 15% 5% 5% 4% 1% Unaware product is counterfeit Genuine products are overpriced Cannot afford the genuine product The counterfeit product 'does the job' Counterfeit products are easier to access Counterfeiting is a victim less crime Other Who is buying what, and why? PwC 6

8 75% 73% 7 66% % of respondents 6 5 4 48% 35% 2 6% 3% Safety concerns Giving bank details to counterfeiters Moral and ethical concerns Online purchase may not be delivered Being caught buying the products Other None of the above Who is buying what, and why? PwC 7

45% % of responses put off by being caught 4 35% 25% 2 15% 4 5% Female Male % of respondents put off by being caught 8 7 6 5 4 2 49% 44% Online purchase may not be delivered 76% 76% 65% 66% Safety concerns Giving bank details to the counterfeiters 51% 72% Moral and ethical concerns 41% 31% Being caught buying the products 7% 4% 3% 2% Other None of the above 18-24 yrs >55 yrs Who is buying what, and why? PwC 8

9 84% 8 % of respondents 7 6 5 4 2 16% Yes No Who is buying what, and why? PwC 9

% of respondents 10 9 8 7 6 5 4 8% 92% 9 19% 81% 7 39% 41% 61% 59% 2 Films and music Clothing and accessories Cigarettes Alcohol Auto parts Medicines Very easy/easy Very difficult/difficult Who is buying what, and why? PwC 10

% of responses above or below the UK average 12% 8% 6% 4% 2% (2%) 8% (4%) (3%) (4%) (6%) North East London Alcohol Cigarettes Who is buying what, and why? PwC 11

% of responses 10 9 8 7 6 5 4 2 19% 14% 31% 67% 11% 58% 52% 39% 19% 56% 24% Medicines Auto parts Films and music Clothing and accessories Online Markets Abroad 39% 44% 45% 43% 16% 13% Alcohol Cigarettes 8 7 6 58% 59% 71% 67% 72% 5 4 2 18-24 25-35 35-44 45-54 55+ % of respondents who would be most likely to buy counterfeit medicine online Who is buying what, and why? PwC 12

7 6 6 5 5 47% 4 34% 24% 23% 2 Films and music Clothing and accessories Cigarettes Alcohol Medicines Auto parts % of respondents who believe >15% of products sold in the UK are counterfeit Who is buying what, and why? PwC 13

6 % of respondents who believe >15% of products sold in the UK are counterfeit 5 4 2 44% Cigarettes 51% Alcohol 38% ABC1 C2DE Who is buying what, and why? PwC 14

Who is buying what, and why? PwC 15

Who is buying what, and why? PwC 16

36% 12% 17% 18-24 yrs 25-34 yrs 35-44 yrs 45-54 yrs 55+ yrs 16% 19% 48% Male Female 52% Who is buying what, and why? PwC 17

8% 9% 7% 5% 9% 4% 3% South East 15% London North West Yorkshire and the Humber South West 12% West Midlands East of England Scotland East Midlands Wales North East 9% Northern Ireland 9% 24% 26% AB C1 C2 DE 21% 29% Who is buying what, and why? PwC 18

Who is buying what, and why? PwC 19

Who is buying what, and why? PwC 20

PwC firms help organisations and individuals create the value they re looking for. We re a network of firms in 158 countries with close to 169,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com. This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, PricewaterhouseCoopers does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. 2011 PwC. All rights reserved. Not for further distribution without the permission of PwC. PwC refers to the network of member firms of PricewaterhouseCoopers International Limited (PwCIL), or, as the context requires, individual member firms of the PwC network. Each member firm is a separate legal entity and does not act as agent of PwCIL or any other member firm. PwCIL does not provide any services to clients. PwCIL is not responsible or liable for the acts or omissions of any of its member firms nor can it control the exercise of their professional judgment or bind them in any way. No member firm is responsible or liable for the acts or omissions of any other member firm nor can it control the exercise of another member firm s professional judgment or bind another member firm or PwCIL in any way.