PMP is for mainly for Project Management. It's not really the best for Product Management. It covers some of the basic aspects of being a Product Owner, but there are better certifications if either of those are your primary focus. That 's why I wouldn't say it's needed.
I have some "JustDon" ball shorts for my teams that I'll wear for game day at the crib. They were like $35 compared to $400+. I'm not wearing them outside or trying to pass them off as authentic so it's whatever to me. It's people who try to flex with fakes that I would have a problem with.
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