I have only had this product for a few days and one of the ponys already broke. I was out of the house, so had to tie it together to put my hair back up. It was the first time I had used that pony. Regardless of the price (which is not low), I think this product generally should last for several months or longer.
I wish they were made better because they are quite cute and even look good on your wrist as a bracelet.