ubiquitin-“I lost you here. They do have an advantage. Isnt that the point of your thread?”
-yes an advantage only based on peoples lack of knowledge. But if they dont have a product that is actually better than the competition then they have nothing, its a false advantage. Again if and when people are sure that generics are the same or just as good, the brand names will crumble because there is nothing substantial in their product over the rest. As it is most people probably buy generic anyway. I stumbled on an article and it mentioned that many of those who buy brand name are just not knowledgeable about the difference. So if people were aware, it would be a whole different playing field.
“As mentioned if I want my wife to pick up acetaminophen I ask her “please pick up tylenol” she knows I mean generic.”
-Yes because she knows that you usually get the generic. Besides most people call it by the brand name which is much more popular than the actual drug/scientific name.
“Many refer to any cola drink as a “coke””
” refer to generic acetaminophen as “tylenol” much as many refer to any bandage as a “bandaid” ”
-yes and most people say “xerox something” when they arent using xerox, or “google it” regarding doing an internet search, “scotch tape” for any type of tape, “crazy glue” for super glue, “tums” for an antacid, and so on. That doesnt prove anything. People just call things in terms of the original product or most popular product, it doesnt mean they are actually referring to it rather they refer to its functionality. Popularity of name doesnt mean youll buy it if the generic or competition is just as good.
Also if you notice many knockoffs of name brands have almost identical color schemes and packaging. I wonder how they get away with that. Unless its perfectly legal to copy the competition in terms of packaging design, this might prove that many name brands also disguise themselves as generic to maximize revenue from all angles.