Getting trademark is the most important thing as trademarks make your business stand out unique in the market. It helps the customers identify your brand easily just with a symbol on your product. However, with trademarks comes the threat of infringement. Hence, the topmost priority in your business plan should be to protect the trademark of your brand. Not to worry the trademark monitoring service allows you to protect your brand easily.
In this article you will get to know more about the trademark monitoring service, and how to utilize it for all-round protection of your trademark and associated benefits of it. So keep reading.
How to monitor the trademarks?
Monitoring the trademarks requires the continuous watch over it for the time period you wish. Trademark monitoring service provides you the option keep such watch. You just need to hire a trademark watch professional and tell him the details of trademark you need to keep watch. In return you will get the reports of trademark monitoring. Want to know what the trademark monitoring report contains? Read next
Also read: Importance of trademark monitoring
Report of Trademark Monitoring Service – Report
Result of trademark monitoring comes in the form of report that contains multiple information of your concern. The report tells you about all the applications filed for the trademarks of your concern. The same trademark monitoring service report also tells you about how many applications got accepted and advertised. Or how many applications got office actions and are pending for refiling.
You can also get the report about your competitor’s trademark actions, and understand how he is driving his business. With the trademark report you also get to know how many similar trademarks are existing that are infringing your trademark rights.
Why do you need trademark monitoring service?
As stated earlier, the foremost need of trademark monitoring service is to protect your trademark from infringements. It happens in the following way –
Finds infringing trademarks:
When you hire trademark monitoring service, you get to know the similar or confusingly similar trademarks matching to your trademark. The similarity criteria includes if the found trademarks have visual similarity, phonetic similarity, meaningful similarity are considered to be similar to trademark of concern.
Suppose you never get to know about these infringing trademarks, then your competitors would have been fooling your customers. And your customers would have been buying their products and services thinking that it belongs to your brand and company.
Thus, to protect the drain of your customers towards your competitors you need to hire trademark monitoring service. Once you know the infringers, you can sue them legally and to settle the case demand the monetary compensation for it.
Protects you from infringing others trademark rights:
When you develop trademark for your brand it is very important that you develop a unique and novel trademark. As if your trademark is found to be already existing you will receive the office actions. Further, even if it gets registered, in future anyone can challenge you on objection of infringing his trademark rights. Thus, you will have to fight the legal battle to settle the objection.
Hence, to avoid all such things mentioned above you need to hire trademark monitoring service. So you avoid the problem of future even before it becomes a problem with trademark monitoring,
Alerts you about your competitors:
One of the efficient ways to beat your competitors is to remain aware of their strategies and then build your action plan. Trademark monitoring service helps you exactly with that.
Using competitor specific trademark monitoring, you can get the details of your competitor’s trademark development action plan. With these details you can understand what product he is developing and what you need to do to counter it.
Thus, trademark monitoring will help you bring the better alternative in the market even before your competitor launches its product in the market. Hence, with the trademark monitoring service you become proactive and not reactive.
Also read: All about trademark monitoring process
Whom to hire for “Trademark Monitoring Service”?
As stated above earlier also, you need to hire the professionals for trademark monitoring service. However, if you will do the mistake in hiring the right partner, you will receive inaccurate reports. As a result the actions you will take will be ineffective and hence you will receive heavy losses. Thus you need to choose the right partner for you i.e. “The Trademark Watch Company” for your trademark monitoring needs.
We serve our clients in 45+ countries with utmost dedication and care. Our professionals know the right techniques and procedure, thus all your needs are met. You get 100% manual search reports. Further the price we charge is very less when compared to others providing the same service. Read more about us here.