Since few people could read or write, marks came to be used as a basis for proving ownership of goods in ancient times. The terms “merchants mark” and “proprietary mark” were first used in the 10th century. During the 14th and 15th centuries, people started using trademarks as a way to identify goods and services. This started with the gradual emergence of trade and crafts guilds.
The term “trademark” came into use in the modern world thanks to the British Trademark Act of 1875.In India, trademark registration india and related matters are currently governed by the Trademark Act, 1999.
Why Is It Important to Register a Trademark?
A trademark is a sign that helps you differentiate your company’s products from those of other companies. Every well-known company in the world has its own distinctive trademarks. A slogan, word, or name could be a trademark. You can rest assured that no one else will ever attempt to sell products under your name by trademarking your brand. You will be protected by the country’s laws in the event that anyone does that. Benefits of Trademark Registration Having your trademark registered is always a good idea because it gives you many advantages. The following are some major advantages of trademark registration:
Your trademark will be able to prevent other businesses from using the same name if you register it. You will be able to shield your company from any additional costs associated with claim settlements and damages in this manner.
In today’s business market, numerous counterfeiters attempt to make money by imitating successful brand designs. Your brand’s reputation and customer confidence may suffer as a result. If your business or brand is registered under the Trademark Act, you can easily demonstrate that you are the legitimate manufacturer in the event that your products are stolen.
Additionally, by registering, you become aware of any existing brands on the market. You won’t end up in any false cases brought against you this way. Additionally, it will spare you the hassles of resetting, rebranding, and repromoting your business.
You will develop a sense of responsibility as a result of trademarks. As the owner, you will always continue working hard to provide your customers with high-quality goods.
Your company’s trademarks can also be bought, sold, or licensed, making them an asset. If a distributor or shopkeeper wants to use your mark, you can also demand royalties.
Steps to Take to Register a Trademark for Your Business
Even so, not many businesses and their owners wait to register a trademark until something serious goes wrong. This can be risky because the mark you’ve been using to build your brand could be registered by someone else.
Start the registration process as soon as you can, rather than waiting until it’s too late. An overview of the procedure can be found here:
Search: Before proceeding with registration, you must conduct a thorough search of your trademark logo and brand name. For that, you can use our free tool.
Class: There are various classes of trademarks related to various industries. There are approximately 45 categories of goods and services all together. You can apply to register multiple trademarks simultaneously for your business, depending on its type.
Application: If the trademark is available, the applicant can apply for it and begin using the TM symbol with their brand’s logo once they receive acknowledgement for their trademark application based on the search results.
Registration: The trademark office will first check your application for everything to make sure there are no objections. The office places an advertisement in the Trademarks Journal after verifying that there are no objections and that the application is genuine. They will proceed with the registration of your trademarks approximately six months later if there is no opposition from other business owners within the next four months.
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