Across Hundreds of Industries, the Real Version of a Product Is Still in High Demand, Even Though Customers Can Easily Buy the Fake Version at a Lower Price
Quick Research Project
I just spent about 4 minutes using ChatGPT and Google to find industries where a low-cost "fake version" of its product was introduced, but demand for the more expensive "real thing" remained strong. In that short time, I easily identified about 200 industries that met these criteria.
After that, I spent five times longer on ChatGPT and Google, searching for the opposite outcome—an industry where a "fake version" of its product was introduced and demand for the "real thing" disappeared. It was hard to identify a single example!
Conclusion
So, what's my conclusion? It seems there's something hardwired into the human brain that makes people prefer the real version of a product over the fake. Not everyone has the extra money for the real thing, but those who do are often willing to pay more for it. Therefore, the results of this quick research project supports my claim that demand for modeling photos featuring real-life models will remain strong for many years to come, despite the availability of more affordable AI-generated modeling photos.
Examples of Industries Where Customers Continue to Buy the Real Version of a Product, Despite the Option to Buy the Fake Version at a Lower Price
Jewelry with Diamonds
Real: High-end jewelry with real diamonds
Fake: Jewelry with fake diamonds (cubic zirconia stones)
Leather Goods
Real: Leather jackets, shoes, and wallets
Fake: Fake leather jackets, shoes, and wallets, which are made with fake leather (e.g., polyurethane, polyvinyl chloride)
Books
Real: Original, published books
Fake: Pirated copies of books
Watches
Real: Luxury timepieces (e.g., Rolex, Omega, TAG Heuer)
Fake: Counterfeit watches designed to look like high-end brands
Fashion (Clothing, Handbags, Shoes)
Real: High-end designer clothes, shoes, and handbags (e.g., Gucci, Chanel, Dior, Prada, Louis Vuitton)
Fake: Knock-off versions of designer apparel, which you can buy online or from a street vendor
Cosmetics
Real: High-quality makeup and skincare (e.g., MAC, Estée Lauder)
Fake: Counterfeit makeup products, often sold online
Perfume
Real: Luxury fragrance brands (e.g., Chanel, Dior)
Fake: Knock-off perfumes that are trying to copy luxury fragrances
Toys
Real: Branded toys (e.g., Lego, Barbie)
Fake: Imitations of popular toys, often made with lower-quality materials
Food
Real: Organic fruits and vegetables, which are real food
Fake: Genetically modified (GMO) fruits and vegetables, which many health enthusiasts view as fake food
Footwear
Real: Branded shoes (e.g., Nike, Adidas, Converse)
Fake: Imitation shoes that resemble popular brands
Movie DVDs
Real: Official movie releases sold on DVD
Fake: Pirated versions of movies sold on DVD
Art (Paintings, Sculptures)
Real: Authentic artwork from famous artists (e.g., Van Gogh, Picasso)
Fake: Counterfeit and reproduction art pieces from famous artists
Car Parts
Real: Genuine car parts sold at the BMW and Land Rover dealerships
Fake: Aftermarket car parts sold online (e.g., eBay, RockAuto), which some people view as fakes
Music Instruments
Real: High-end musical instruments (e.g., Fender guitars, Steinway pianos)
Fake: Counterfeit musical instruments, especially cheap knock-offs sold as premium brands