Sex And Recession

Business 2008. 12. 22. 06:40

The cash-strapped masses may be spending less on restaurants and entertainment, but not necessarily on the quality of their sex lives--and manufacturers of sexual aids are broadening their lines to meet the demand.

To wit: Trojan now offers a condom that comes with a disposable vibrating ring. Durex, another condom maker, sells a vibrator and a line of lubricants. Even Philips Electronics (nyse: PHG - news - people ) has joined competitor Hitachi (nyse: HIT - news - people ) in the vibrator business. "We're much more open now to experimenting sexually," says Louis Friedman, chief executive of Liberator, a maker of sex toys in Atlanta. "We’re seeing countless new products being sold to a much larger audience than people realized. Even the more conservative retailers have begun to come around."

Indeed, Wal-Mart (nyse: WMT - news - people ), Walgreen (nyse: WAG - news - people ) and Target (nyse: TGT - news - people ) now peddle sexual aids, including condoms, lubricants and personal massagers. Walgreen's Web site features a "sexual wellness" tab, behind which are listed not only contraceptives and fertility tests, but also pleasure-enhancing dietary supplements, romance-themed costumes and games, massage oils and lotions, and the "Emotional Bliss Femblossom" vibrator. (Representatives from Walgreen's and Target were unavailable for comment; a Wal-Mart communications manager would say only that the chain "has a diverse mix of shoppers who visit our stores each day, and we are committed to providing customers with the selection of products they expect to find in our stores.")

In Pictures: The Mainstreaming of the Sex Industry

Poor as we all may feel lately, it seems there's at least one bright spot in having to hunker down at home. "This industry is shielded in a way," says Katy Zvolerin, director of public relations with Adam & Eve, another sex toy maker. "It does seem people use us even more heavily in bad times." (Not that there's much of a correlation between recessions and birth rates--if people have more sex during a recession, they are being careful about it.)

Chad Braverman, director of product development and licensing at Doc Johnson, takes a more sober approach to the coming months. "I don't know if I'd say our industry was 'recession-proof,'" he says. "We need to be proactive in creating a quality product that's going to sell. And there's a lot more competition than there was 20 years ago."

The sex industry traces back to 500 B.C., when traders from the Greek port of Miletus sold olisbos, an early version of the dildo. Today, the business of sex (including pornography) now runs into the tens of billions of dollars. (No official estimates are available; Wall Street analysts don't tend to track this stuff.) And while print and video sales are ebbing, as more free adult content has become available online, sales of un-reproducible sexual aids are still healthy.


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