Distributors VS COLLECTORS
When Labubu second launched, it went for S$ 24.90 every at PopMart. Collectors adored them on their luggage yet before Lisa did, and at this price point, even before Lisa did.
Then, since Labubu are always sold out, it is almost impossible to purchase one at retail price. For some, Labubu’s lack makes her more appealing. In particular for limited edition figurines, clients have been willing to pay more than double for them from retailers.
From what I’ve observed, figurine collectors frequently buy duplicates when a fresh figurine launches- one for enjoying and one for resale, if the price wave.
Resellers, on the other hand, order them mainly for resale, not always for the like of the doll. As long as there is need for them, they will purchase games.
Labubu may already have lost attention. Reports suggest that resale prices of Labubu are falling in Thailand, from 3, 000 baht ( S$ 120 ) to 2, 000 baht ( S$ 80 ) per blind box.
Consider Ty’s Beanie Babies that saw value storms to the thousands, based on publicity? They serve as a stark warning of how no trend lasts long, especially if we didn’t purchase them because the publicity drove them.
Buyers who purchased their figurines because they adored them may still enjoy them. I have heard non-collectors remark that dolls are simple pieces of plastic, which is accurate. The fundamental, lasting value of puppets lies in the feelings they evoke in us: Joy, awe and wonder.