June 12, 2024
Products with Geographical Indication are endemic / territorial products that display cultural, geographical and traditional characteristics of that area. These products are manufactured in compliance with certain standards in terms of production methods and raw materials used. Products with geographical indication protects the identity and legacy of a specific area while offering several advantages to manufacturers and consumers.
Enriching Features of Products with Geographical Indication:
- Cultural and Historical Value: Products with Geographical Indication protect cultural and historical legacy of an area. Traditional production methods and recipes are handed down from generation to generation.
- Quality Assurance: Geographical Indications guarantees to the customers that the related products fulfill certain standards. These Indications guarantees the quality and distinctiveness of products.
- Economic Contribution: Products with Geographical Indication contributes to local economy. These products can generally be sold for relatively higher prices and might attract tourists’ attention to the area.
- Competitive Advantage: Products with Geographical Indication facilitate being distinguished from other products available in the market. Such distinction offers a significant advantage in terms of branding and marketing.
Commercial Aspects
Commercial aspects of Products with Geographical Indication are as follows:
- Market Value: Products with Geographical Indication can be sold for relatively higher prices thanks to their quality and distinctiveness, which results in a higher income for manufacturers.
- Export Opportunities: Products with Geographical Indication attract attention in international markets. Turkish Products with Geographical Indication have been demanded especially in European and Asian markets.
- Tourism: Products with Geographical Indication are significant gastronomy tourism attraction centers. Tourists prefer experiencing such products in situ.
- Branding: Geographical Indications help branding of products. Such branding enhances the well-known characteristic and reliability of products.
Products with Geographical Indication are of great importance in terms of economic development and protection of cultural legacy. These products combine modern marketing strategies with cultural values, and significantly contribute to local manufacturers and local economies. Efficient use of Geographical Indications both supports local development and helps promoting the related country in the international arena. In this sense, supporting and promoting Products with Geographical Indication is a significant step towards sustainable development.
