Definition of Planned obsolescence:
A policy of producing consumer goods that rapidly become obsolete and so require replacing, achieved by frequent changes in design, termination of the supply of spare parts, and the use of nondurable materials.
Business practice of deliberately outdating an item (much before the end of its useful life) by stopping its supply or service support and introducing a newer (often incompatible) model or version. Its objective is to prod the consumer or user to abandon the currently owned item in favor of the upgrade. Most prevalent in computer hardware and software industry.
Planned obsolescence describes a strategy of deliberately ensuring that the current version of a given product will become out of date or useless within a known time period. This proactive move guarantees that consumers will seek replacements in the future, thus bolstering demand.
Obsolescence can be achieved through introducing a superior replacement model, or by intentionally designing a product to cease proper function within a specific window. In either case, consumers will theoretically favor next generational products over the old ones.
How to use Planned obsolescence in a sentence?
- The planned obsolescence occurring with the technologies being produced in the market were annoying some regular customers consistently purchasing them.
- In technology circles, the replacement cycle for smartphones has historically been two to three years, as their underlying components wear down.
- Planned obsolescence is the calculated act of making sure the existing version of a product will become dated or useless within a given time frame.
- If you think it may help you out in the long term you may try a planned obsolescence as a strategy to help your bottom line.
- We had a planned obsolescence strategy in place for a few of the items we wanted to get rid of in our store.
- In the clothing space, nylon stockings are likely to snag, snare, or run, thereby demanding replacement on a regular basis.
- Following his own advice, he introduced annual model changes for GM cars - planned obsolescence designed to make the consumer discontented with what he or she already had.
Meaning of Planned obsolescence & Planned obsolescence Definition