DIVERSION DEFINED
Product diversion refers to legitimate merchandise
that is distributed into markets other than originally intended
in violation of a contract, law or regulation. Supply chain partners
and distributors exclusive territorial rights are diluted and opportunity
costs increase; brand value and cache are eroded and profitability
of all channel partners is endangered.
With product diversion, third parties can undercut
a company’s price and reap huge profits. Product diversion
(also sometimes referred to as "gray market goods" or
"parallel distribution") severely disrupts the channels
of distribution established and supported by manufacturers and authorized
distributors.
Because the products usually cannot be obtained
outside of the authorized distribution channels through any legitimate
means, diverted products are often acquired by deception and fraud.
Discount and warehouse retailers, supermarket chains, and drug stores
sometimes handle diverted merchandise so that they can profit from
the efforts of the manufacturers and authorized distributors to
develop and support the market for their products. The diverters'
conduct harms manufacturers, distributors, retailers and, ultimately,
consumers.
Product diversion can be domestic and/or international
in scope. Resolution requires a diligent and comprehensive market
analysis to establish conclusive evidence of the scope and value
associated with the scheme.
When U.S. manufacturers set up different pricing
for the same products as a way to break into new markets, expanding
name recognition outside the United States, they create an opportunity
for diverters. Because of tax incentives and other cost savings,
American businesses can sell their products to overseas distributors
at dramatically lower prices than what distributors based in the
United States pay. With product diversion, goods destined for overseas
sales are illegally rerouted by a third party back to American markets
at prices below the manufacturer’s United State’s wholesale
pricing.
All products are targets for diversion (Health and
Beauty Aids, pharmaceuticals, electronics, food, technology, etc.).
The world of diversion has become computer-based, high tech, on-line
and extremely sophisticated. Trails left by today’s most subtle
diversion methods may be well hidden.
Doing nothing is equal to condoning diversion and
accepting loss of revenues. There is no reason diverters should
ever profit via underhanded business maneuvers when methods of prevention
are available and effective.
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