What is the economic impact of knockoff handbags to companies like Coach?
deangelis88 asked:
Since the primary market for these imitation handbags is a demographic that probably couldn’t afford an authentic Coach bag anyway, is there really much of an economic impact to the Coach bottom line?
I’m sorry I didn’t clarify, I’m not in support of knockoffs.. as a matter of fact, I own a genuine Coach, and don’t own any knockoffs. My question is for research for an Economics class I’m taking. I’m fully aware of the social and political impacts of this illegal activity and I in NO way endorse it!
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Since the primary market for these imitation handbags is a demographic that probably couldn’t afford an authentic Coach bag anyway, is there really much of an economic impact to the Coach bottom line?
I’m sorry I didn’t clarify, I’m not in support of knockoffs.. as a matter of fact, I own a genuine Coach, and don’t own any knockoffs. My question is for research for an Economics class I’m taking. I’m fully aware of the social and political impacts of this illegal activity and I in NO way endorse it!
Create a video blog
Tags: Coach Bag, Economics, Illegal Activity
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Comments
Talk about narrow minded, what about how it affects the world by creating a market that demands we enslave some third world country to work for little or no benefit in conditions we could never imagine; all this is so some yahoo can wear $280 shoes or carry a pretend name brand purse that means they are the bigger boob than the ones who don’t play this game.
I wouldn’t think that it would effect their bottom line at all. Those who can afford the real thing wouldnt be caught dead with a fake, and those who buy the fakes would never be able to afford the real thing.