Anti-aging skin care, hair care and gadgets have been gaining in popularity even though consumers have been cutting their budgets.
Anti-aging skin products alone make up an estimated $1.8 billion market in the United States, according to Mintel, a market research firm, and their sales have grown by nearly 15% in both 2007 and 2008.
Big companies like Procter & Gamble (Stock Quote: PG), L’Oréal and Johnson & Johnson (Stock Quote: JNJ) are benefitting the most from this trend, but there are ways to fight off aging without breaking the bank or slathering chemical concoctions on your face.
The Claim: A Lifestyle Lift can include a number of procedures including non-invasive facelifts and eyelid tightening, depending on the customer, to eliminate sagging jowls, folds and so-called “turkey neck,” according to the company. The procedures are performed by specially-trained doctors, but unlike a regular facelift, which can require cutting into the deeper layers of the face and requires general anesthesia, the Lifestyle Lift is considered minimally invasive.
Price: As much as $9,500.
Where it Fails: It’s not an invasive surgery, but you do receive local anesthesia, notes LifestyleLiftProblems.com, a site that's actually run by Lifestyle Lift itself. In some cases, these popular procedures cost more than a regular facelift, which costs an average of $8,945, as MainStreet previously reported.
“Family has told me that they can't see a difference, and … by the way, in the ‘before’ picture they wouldn't let me smile so I would purposely look as bad as possible,” wrote one commenter to Consumer Affairs.
An Alternative: There are plenty of facial exercises that help with a sagging neckline, and many of them are practiced and promoted by Yogis and other alternative medicine professionals. That’s because as you exercise your face, you improve skin elasticity which prevents wrinkles, and doctors agree.