This is the way of expanding the scope of legal protection of the trademark beyond the initial term of the registration of the trademark.
Continuous Protection: Ensures that your trademark is legally protected after the initial registration period is over.
Brand Longevity: Helps you to make sure that even as your brand expands and changes, it will not be in a way that is damaging to the brand.
It also means that your brand is still legally yours and, thus, can continue to have its worth and its position in the market for the next few years.
Problem 1: Failure to renew trademark protection within the set time frame, thereby losing the protection.
Solution: Trademark Renewal means that your trademark will be registered and will continue to be protected as if you filed for registration afresh.
Problem 2: Enhanced susceptibility to infringement after the initial trademark has become available for use.
Solution: Renewal ensures that only you have the privilege of using your trademark, and nobody else can use it.
Problem 3: The issue of legal tussles in the event that the trademark is not renewed.
Solution:The regular renewal of the domain proves that you remain the owner of the domain and minimizes the legal issues.
Problem 4: Weak brand awareness and market position as a consequence of the expiry of protection.
Solution:Trademark Renewal ensures that your trade mark remains valid and that you continue to have protection under the trademark laws.
This is the way of expanding the scope of legal protection of the trademark beyond the initial term of the registration of the trademark.
Usually, a trademark has a life of a decade and, therefore, requires renewal.
You may be barred from using the trademark, and it may be assigned to someone else.
Trademarks also have a grace period that one can use to renew a trademark, but if this is missed, one has to apply for trademark registration afresh.