The Rise of Dupes: How Dupe Culture is Affecting the Licensing Industry

Featured Image

License Global Mentions First Insight | The Rise of Dupes: How Dupe Culture is Affecting the Licensing Industry

Noted on Emarketer, a market research company, its First Insight data report released in April said that 70% of medium to high-income U.S. earners (earning $150,000 or more) have tried and/or are attracted to dupes. The quality of duped products has also improved; thus, the appeal of buying a dupe over the real product, especially in the wellness, lifestyle, fashion, home décor and tech categories, has become more tempting to consumers. Premium products are now seen as a wasteful purchase as more people prefer value over status symbols.  

Read full article on License Global.

first insight  Report  press coverage  private label  press  dupes  product dupes  license global  licensing

Looking for more info? Complete the form below.