Why are trademarks important to consumers?
With patents or copyrights, the main purpose is to lay claim to a product; the main purpose of a trademark, however, is to offer customer protection, in eliminating the chance of consumers confusing one company or service with another.
What does a trademark convey to consumers?
1. Trademarks are an effective communication tool. In a single brand or logo, trademarks can convey intellectual and emotional attributes and messages about you, your company, and your company’s reputation, products and services. Your trademark doesn’t need to be a word.
What protection does a trademark give?
Securing a registered trademark protects your brand, and provides you with the tools to prevent someone using similar signs and riding off the back of your business. If you do not protect your trademark by registering it, then you may find you are legally prevented from expanding your business.
How do trademarks help?
Provides an edge to the market: Trademark serves as status symbols and customers can easily recognize their favorite brand products by identifying the trademark or the associated registered symbol, instead of looking for the name of the brand. … easily by simply using the trademark or the symbol within their comments.
Why is it important to protect trademarks?
Trademarking is an important step for protecting your brand identity. It will stop competitors from poaching your customers by imitating your brand. It can also offer you some protection if those copycats do something reputation-damaging.
Is a trademark necessary?
It does not matter whether you’re selling products or services under your business’ logo and name — a trademark can be essential. If you’re conducting operations as a business, you should be looking into whether or not you should be registering a trademark before doing so.
Why are trademarks so valuable?
With a trademark, you retain exclusive rights to mark your products, with no one else being allowed to use your symbol, name, or slogan in that particular region. … Trademarks provide protection for both businesses and consumers, making them an important part of running a successful company.
Is it worth trademarking a logo?
Since trademarks are used to identify a company or brand, it makes the most sense to file for trademark protection on the brand name, logo or image. … So, if you are investing in a brand image, you should seek a trademark registration to protect it. But, your image may also qualify for copyright protection as well.
What Cannot be registered as a trademark?
Section 13 and 14 of the Act provides that trademarks containing specific names cannot be registered. Trademarks which have a word that is commonly used of any single chemical element or chemical compound in relation to a chemical substance or preparation cannot be registered.
How hard is it to get a trademark?
Registering a trademark for a company name is pretty straightforward. Many businesses can file an application online in less than 90 minutes, without a lawyer’s help. The simplest way to register is on the U.S. Patent and Trademark Office’s Web site, www.uspto.gov.
What are the disadvantages of trademark?
Disadvantages of Descriptive Trademarks
- Not Qualifying for Registration on the Principal Register. …
- Descriptive Trademarks are Weak Marks. …
- The Trademark Registration Process May Cost More. …
- Your Marketing and Advertising Costs Will Increase. …
- Litigation Can Be Risky, Uncertain, and Expensive With a Descriptive Mark.