Help with Sagging Earlobes

Earlobe size can be reduced and sagging earlobes can be lifted. For a slight reduction in size and lift CO2 laser resurfacing is a good option as it shrinks the earlobes without the need for incisions. Surgical options such as wedge or star excision are also options.

In-office surgical correction of "slot ear" deformities works well, and in the long run a permanent solution to the problem is usually better than temporary tapes.
It seems that this type of earring deformity is what Ear Lift is targeting. The reviews on Amazon.com aren't so great for it, though. It doesn't seem that the product is designed merely for droopy or pendulous lobes.
For droopy lobes, there are several minor surgical procedures that can be designed to fix them. These are procedures that are done in the office under local anesthesia (injection of numbing medication) and are usually relatively inexpensive. Re-piercing ears after such correction should be done, ideally, by the surgeon who did the lobe reduction.
All the best,
--DCP