Even in the age of the internet there's a huge business in people basically taking a "normal" thing from another market and then rebadging it to release as an elevated thing.
Studio neat has a $231 tiny box cutter[2]. OLFA (A "professional" box cutter maker) sells a 2 pack of tiny box cutters that probably are 5x more ergonomic on account of being made to be used instead of to look nice on a website, for $10. [3]
The best version of a thing is likely whatever people who do it all day use. But you can totally make a market for consumers who want "fashionable" things but who don't really get the space.
Studio Neat is a big offender on this honestly... basically all of their stuff have "better" things at least at half the cost just available in random stationary stores. I'm all for wasting money on pens, but at least waste them on good pens!
[0]: https://teenage.engineering/products/po-80
[1]: https://hon.gakken.jp/book/1575072200
[2]: https://www.studioneat.com/products/keen
[3]: https://www.amazon.co.jp/-/en/OLFA-Compact-Knife-Pieces-95B2...