Cracked is calling this "If Purse Ads were Honest"
As far as I know Chanel, Gucci, and Marc Jacobs and other similar designers don't refer to their collections as "purses" and most of their custys don't either. They're "handbags". And as many of you know I wrote about this in my first book Retail Hell and that was something I had to deal with as a newbie salesman selling the very designer brands he talks about. None of them call their products purses. It's true some customers do still say purses and women often use it casually when talking about their bags, but most of the ones actually spending thousands of dollars on a designer bag follow what I had to learn, "They're handbags, not purses!"
So you get that wrong Roger Horton and Cracked! He does say handbag once in the video (probably cause they tired of saying the word "purse"), and there are a some fun jokes and truths to the way the handbag companies advertise in this video. But it's obvious the people involved in making it were probably guys who googled their information.