Spoken like a true American… Yet the rest of the world doesn’t give 2 cents about what you do over there. This kind of long lasting appliances would be a huge hit.
If you can get the whole world to buy a new fridge at the same time you would be so insanely rich anyone would fund that. Instead of the reality where people buy it on a year to year basis and then eventually need to be replaced on a staggered schedule?
It’s weird that people think this is how it works, that the way capitalism and investment works is you get a single payout. It’s not. You have to be able to keep providing gains. Otherwise your investors dump you for companies with steeper returns and you’re in the tank.
It seems you’re having a misconception that long lasting appliances means they are invincible or something like that. In the real world it means they don’t go bad by time and usage.
Think of it like an old car. You can use your old car for a very long time given that you do your maintenance properly. They are also repairable. Yet these new modern cars can become unusable because some microchip burned, or battery life ended or there was a shortcircuit etc… Same goes for the appliances.
Making a product to last long with proper maintenance and a making a product to fail after certain years of usage are very different ways go about business.
Lastly, one company cannot satisfy the whole market. No matter what there will be people buying their products because of their long lasting legacy.
Spoken like a true American… Yet the rest of the world doesn’t give 2 cents about what you do over there. This kind of long lasting appliances would be a huge hit.
Once everyone buys one what do they then sell? That’s the point.
If you can get the whole world to buy a new fridge at the same time you would be so insanely rich anyone would fund that. Instead of the reality where people buy it on a year to year basis and then eventually need to be replaced on a staggered schedule?
It’s weird that people think this is how it works, that the way capitalism and investment works is you get a single payout. It’s not. You have to be able to keep providing gains. Otherwise your investors dump you for companies with steeper returns and you’re in the tank.
It seems you’re having a misconception that long lasting appliances means they are invincible or something like that. In the real world it means they don’t go bad by time and usage.
Think of it like an old car. You can use your old car for a very long time given that you do your maintenance properly. They are also repairable. Yet these new modern cars can become unusable because some microchip burned, or battery life ended or there was a shortcircuit etc… Same goes for the appliances.
Making a product to last long with proper maintenance and a making a product to fail after certain years of usage are very different ways go about business.
Lastly, one company cannot satisfy the whole market. No matter what there will be people buying their products because of their long lasting legacy.