The Role of QR Codes in Mitigating Risks Amidst Price Dumping

packtica Malaysia
1 min readNov 22, 2023

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In the bustling world of commerce, the emergence of rate dumping poses good-sized challenges for each group and consumers. As producers interact in this strategic maneuver to undercut competitors, the integrity of merchandise frequently comes into question. Amidst this turmoil, the humble QR code emerges as an effective device for purchaser protection.

Product QR code

Historically used for advertising and stock purposes, product QR codes are now taking on a new position as guardians of product authenticity. In the face of charge dumping, shoppers can scan QR codes on merchandise to get entry to quintessential records such as manufacturing details, authenticity, and compliance certifications. This transparency empowers shoppers to make knowledgeable choices, ensuring they are not unwittingly buying substandard or compromised products.

Price dumping

As price dumping continues to disrupt common market dynamics, the integration of QR codes turns into a beacon of trust. It now not only safeguards buyers towards doable dangers related to compromised merchandise but additionally serves as a deterrent to unscrupulous enterprise practices. In this generation of technological innovation, QR codes stand as an image of accountability, fostering a market in which transparency prevails and shoppers can keep confidence.

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