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Usually not enough customers are willing to pay for it to make it worthwhile. If that many customers would pay for it, then it would be profitable for the compa
by ChrisLomont 9y ago
Usually not enough customers are willing to pay for it to make it worthwhile. If that many customers would pay for it, then it would be profitable for the company to make products that way, and companies would make it that way.
- flukus 9y agoCustomers don't have enough information to make an informed decision. I don't mind paying twice as much for something that will last a lot longer, but without a lot of research the price signal is the only indication of quality and more often than not it's just a premium for a well known brand rather than actual quality.
- manjushri 9y agoIndeed, that is the justification for planned obsolescence, the environment be damned.
- ChrisLomont 9y agoDoing things that are unprofitable is also unsustainable on a large scale. It an only be done by using subsidies, i.e., other resources generated from profits, which does not scale. Losing money is not a viable long term solution for a business, an economy, or mankind.
- manjushri 9y agoAccepting lower profit != accepting negative net profit and is far more sustainable for mankind than dogmatically seeking maximum profits.