It could be profitable, but it isn’t as profitable as making an unreliable and overly complex piece of crap that increases sales totals which jack up stocks.
Hell, being profitable isn’t even important for lot of businesses anymore, they just want growth.
Think it was something about being bought out by private equity, and being run into the ground. I’ve loved all of the instant pots I’ve owned, only have had more than one because I needed a bigger one.
I’ve seen products like appliances go to hell in my lifetime. There are several issues besides planned obsolescence.
Used to be, you only had 3 or 4 refrigerators to choose from. They had to be close in quality and everyone knew what order they fell in for quality vs. price. People talked about their experiences and with a limited range of choices, it was easy to know what was best and what sucked. Hell, Lowe’s sells so many different fridges that finding the “best” is too hard to figure. Now I see people talking about manufacturers I’ve never even heard of. Does that make sense?
Another problem is low prices and will to repair. Stuff is so cheap now, relative to decades ago, that people simply throw stuff out and buy new rather than attempt any sort of repair. Our TV tubes would occasionally burn out. Dad and I would go to the store and consult the kiosk or, at worst, call a repairman. TVs were too damned expensive to not fix. Now people throw out TVs that only need a $60 board off eBay. I find and fix tons of stuff off the side of the road.
Removed by mod
It could be profitable, but it isn’t as profitable as making an unreliable and overly complex piece of crap that increases sales totals which jack up stocks.
Hell, being profitable isn’t even important for lot of businesses anymore, they just want growth.
Removed by mod
Think it was something about being bought out by private equity, and being run into the ground. I’ve loved all of the instant pots I’ve owned, only have had more than one because I needed a bigger one.
Being bought out by private equity is a massive red flag for quality, they always go cheap and ride the brand recognition as long as possible.
I’ve seen products like appliances go to hell in my lifetime. There are several issues besides planned obsolescence.
Used to be, you only had 3 or 4 refrigerators to choose from. They had to be close in quality and everyone knew what order they fell in for quality vs. price. People talked about their experiences and with a limited range of choices, it was easy to know what was best and what sucked. Hell, Lowe’s sells so many different fridges that finding the “best” is too hard to figure. Now I see people talking about manufacturers I’ve never even heard of. Does that make sense?
Another problem is low prices and will to repair. Stuff is so cheap now, relative to decades ago, that people simply throw stuff out and buy new rather than attempt any sort of repair. Our TV tubes would occasionally burn out. Dad and I would go to the store and consult the kiosk or, at worst, call a repairman. TVs were too damned expensive to not fix. Now people throw out TVs that only need a $60 board off eBay. I find and fix tons of stuff off the side of the road.