Collectible toy crazes have shown a cycle of obsession and chaos, as seen with Beanie Babies in the '90s. The same patterns are emerging today with Labubu dolls from PopMart. The frantic efforts to collect these toys reflect a scarcity mindset similar to previous trends. Reports of fighting and chaos surrounding the release of Labubus have caused store pullouts in the UK. Limited releases create a rush comparable to winning a lottery, drawing buyers to pay exorbitant prices instead of the retail cost.
The rush to secure one of these toys seems to transcend human decency, just like it did before. The fighting over Labubus got so bad that they were pulled from stores in the UK.
Organized crime sprang up, with one guy robbing 200 of the toys from a local store, and another woman getting jail time for an elaborate bait and switch scheme.
Fast forward to today, and here we are again, this time with Labubu dolls, the slightly unhinged-looking stuffed monsters from PopMart that people are obsessed with.
Each drop sells out within seconds. This creates a scarcity mindset, which only continues to fuel the idea that getting your hands on a Labubu is the equivalent of winning the lottery.
Collection
[
|
...
]