Queues in front of stores in the UK, heated arguments, and even a ban... It might sound like the launch of a new iPhone, but this time, our star isn’t a tech gadget or a fashion piece. It’s a tiny figure, a charm: Labubu.
In just one day, this mini character earned its Chinese owner, Pop Mart, a staggering $1.6 billion. And it’s not just kids who are obsessed; collectors, influencers, fashion houses, and even streetwear fans have crowned Labubu the new mascot of cool. But how did this “bunny-gremlin hybrid” become a global phenomenon?
Labubu’s rise actually began in the second half of 2024. It first entered our lives through K-pop star Lisa (BLACKPINK), and soon after appeared in content by global icons like Rihanna and Dua Lipa. It’s no longer just a cute toy—it’s a cultural and style symbol.
This trend isn’t exclusive to Labubu. Think back to the baby figures used in the Louis Vuitton x Takashi Murakami collaboration. It’s clear we’re in the midst of a broader “charm wave,” and for now, Labubu is its brightest star.
FOMO + Surprise + Scarcity = Viral Impact
From a marketing perspective, Labubu’s success can be attributed to three key psychological triggers:
• FOMO (Fear of Missing Out): The desire to own what everyone else has is amplified by social media. The “I need a Labubu too!” mindset drives consumption.
• Surprise Effect: Labubu figures are sold in blind boxes—no one knows which model they’ll get. This transforms the product from a simple item into an experience, just like opening a surprise egg as a kid!
• Scarcity Strategy: By intentionally offering limited supply, Labubu becomes more desirable. Rare, hard-to-get figures become true objects of desire.
This element of surprise has also influenced the resale market. While blind boxes typically cost $13–$30, collectors are paying anywhere from $100 to $1,000 for guaranteed models! This proves that marketing doesn’t end with the first sale—creating cultural value is a long-term power move.
Labubu mania shows us once again: when positioned correctly, even a small object can become the hero of a communication strategy. Because today, it’s not just about advertising—it’s about creating emotional and fun ways for audiences to participate in the story.
Is your brand ready to join the game?