Why I think Supreme (any name brand) can be over-rated.
Supreme is a brand known mostly for its clothing, but also its outrageous prices. A normal shirt that can be made for $20 becomes $85 the moment the Supreme logo is placed on it. It is a sad but well-known fact that if you are interested in buying anything Supreme, you will have to do one of two things: either wait in a seemingly endless line at the crack of dawn or keep refreshing the app store online, hoping that you get lucky. However, even if you do get the opportunity to buy a Supreme product, you must be prepared to spend a small fortune, as its products can cost as much as $20,000. To spend this much time and money—this is what devotion looks like. This kind of devotion is what companies like Supreme live on. That is why Supreme’s current net worth equates to one billion dollars.
As long as the brand has devoted costumers who will go far and wide for their merchandise, as long as teens who live in Alaska or Oklahoma are willing to beg and plead with parents to fly to New York for a chance to buy a Supreme t-shirt, as long as the company simply places its logo on anything, then it is going to continue to turn a profit. A good example of this is when the brand sold a brick (yes, you read that correctly) with its logo on it. Suddenly, there was a demand for Supreme bricks.
The status that relates to Supreme is what created its following. It is a common stereotype that anyone who wears Supreme must have money. This, in turn, makes Supreme consumers feel on top of the world. However, this causes people to spend money they don’t have to achieve this status.
It would be difficult to convince someone that their devotion is well-meant but wrongly placed. If you were poor all our life and then suddenly after years of poverty you finally made it big, the first thing would you do is buy some expensive things to make you forget that you were ever poor in the first place. What better way is there to accomplish this than to buy from a store that proves you’re not broke? People’s devotion to Supreme is something close to addiction because many care little about the company itself. They just want the status that wearing the brand gives them, even if they do not need it.