Did you know? The top 5 destinations for Australians to file their Trade Marks in order of popularity are: China; the United States (US); New Zealand; the European Union; and Singapore.
Destination #2: The US
The US is the number one largest market in the world. It produces a GDP of $18 trillion, has the highest household spending, and has the highest access to resources. It is consistently ranked as the number one market to invest in for any business for a competitive advantage.
So why should you file your Trade Mark? The scale of the market, its size, the number of competitors, and the speed of innovation, in the US means that it is important that you can protect what is your own Intellectual Property from others. The US has one of the highest rates of entrepreneurial activity reaching greater than 20 million new entrepreneurs each year. It only takes a short amount of time for your Trade Mark to become lost, stolen, and used which means that you can easily miss your opportunity to push your brand into the this market.
How can you file your Trade Mark? Contact one of our specialists to discuss your requirements.