Many of the products we buy nowadays break or wear out very quickly. What are the advantages and disadvantages of this for manufacturers and the public?

 

Many of the products we buy nowadays break or wear out very quickly. What are the advantages and disadvantages of this for manufacturers and the public?

To be more fashionable, people tend to buy new items without even considering the quality and requirements. Therefore, things they buy easily break or wear out. This practice is beneficial thing for manufacturers as they make money by selling inferior goods to the public. The only benefit it has to the public is that they get a variety of options at a cheaper rate, but quality-wise, they do not get long-lasting and reliable products.

When products do not last long, manufacturers get to make more profits since consumers have to buy new products more frequently. Earlier, a phone would last 5 or 10 years, but now the most modern smartphones with high-end features do not last more than a couple of years. Consequently, consumers are forced to replace their existing models with newer ones. This benefits the manufacturers. The only advantage that consumers have is that they get to use newer products that often support more advanced features. Moreover, this boosts companies' revenue, and they recruit more employees. 

However, non-durable products lead to financial loss for shoppers. Of course, they get affordable products, but if they have to change their phone every year, they will lose money in the long term. For manufacturers, the main disadvantage is the loss of trust in their brand. If their products are not durable, it can affect the reputation of their company. An even bigger disadvantage is that the production of low-quality goods is increasing the amount of garbage we generate. Further, these days car companies use low-grade protection for customers owing to which people have to change their vehicles early compared to the past. It affects companies' image adversely.  

In conclusion, when products do not last long, companies can make more money as people will have to buy more often. On the other hand, this practice affects the reputation of the manufacturer and leads to financial loss for the consumers.