Preview

Lightbulb Conspiracy

Good Essays
Open Document
Open Document
344 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Lightbulb Conspiracy
Link: http://blip.tv/lionofjuda1/the-lightbulb-conspiracy-5846929

Planned obsolescence is a business strategy in which the obsolescence of a product is planned and built into it from its conception. This is done so that in future the consumer feels a need to purchase new products and services that the manufacturer brings out as replacements for the old ones. Consumers sometimes see planned obsolescence as a sinister plot by manufacturers to fleece them. But Philip Kotler, a marketing guru says: “Much so-called planned obsolescence is the working of the competitive and technological forces in a free society—forces that lead to ever-improving goods and services.”

The film, “The Lightbulb Conspiracy” by Cosima Dannoritzer, has a brilliant archival footage, and sets the scene in Livermore, US with the world’s longest lasting lightbulb. It has been burning since 1901. A cartel called Phoebus consisting of lightbulb manufacturers in Europe, US and in Asia put an end to long lasting bulbs by wanting to control their production in the 1920s. They colluded to make lightbulbs that would not last more than 1000 hours, as they figured out that it would not be economically remunerative otherwise.

With the Great Depression, the timing for planned obsolescence couldn’t have been better. In 1932, Bernard London came out with a document called, “Ending the Depression Through Planned Obsolescence.”

In 1954, Brook Stevens, an American industrial designer traveled all over the US to popularise the term and its perceived advantages. According to him, planned obsolescence was “Instilling in the buyer the desire to own something a little newer, a little better, a little sooner than is necessary.”

However, these are some advantages of planned obsolescence:

-Cheaper initial cost of products
-Feeling of buying newer, safer or better products
-Products regarded as fashion or status symbols

-Increased wealth from sales

Finally, some disadvantages

You May Also Find These Documents Helpful

  • Good Essays

    No bulb truly knew what caused the Lightbulb war, though many credited it to a Fluorescent…

    • 510 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Mcdonald's $1.00 Menu

    • 356 Words
    • 2 Pages

    Customer trends change and so does their choices. People are generally tired of the same product that they had been…

    • 356 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Holden australia

    • 1226 Words
    • 5 Pages

    5)Some scholars suggest that the success of a new product is largely attributed to its quality (Tellis, Yin, and Niraj, 2009). 6)Since product quality is significantly associated with the success and failure of the business, firms invest extensively in product quality initiatives to ensure the superior quality of the products (Molina-Castillo, Munuera-Aleman, and Calantone, 2011). 7)Problematically, while firms (i.e. practitioners) have devoted considerable resources to enhance or ensure the quality of new products, such investment does not always achieve their objectives (Henard and Szymanski, 2001; Rust, Moorman, and Dickson, 2002; Molin-Castillo, Munuera-Aleman, and Calantone, 2011). 8)The failure rates for new products has been increasing at an alarming rate, reported as falling between 40 and 75% by Stevens and Burley (2003) and 50% and 90% by Heidenreich and Spieth (2013). 9)This increase in new product failure rates raises a puzzling question about what separates new product winners from losers (Henard and Szymanski, 2001; Droge, Calantone, and…

    • 1226 Words
    • 5 Pages
    Better Essays
  • Good Essays

    The Revolutionary Lightbulb Imagine the world without the lightbulb. The rays of energy produced by this bulb of wires and glass are necessities and have become staples in many people's lives. The lightbulb caused a rebellion against the habits of old and swept in an era of radiant beams. This small illuminating glass sphere is often forgotten because it can be easily accessed by a flick of a switch, but the lightbulb is an invention that has changed society into a world of magnificent rays.…

    • 465 Words
    • 2 Pages
    Good Essays
  • Good Essays

    of electric lights in an age when most of the world relied on gas or kerosene lanterns. Picture…

    • 920 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Choose a consumer product or service that is on the market today, but is declining in appeal to consumers. This product should be marked for “obsolesces.”…

    • 757 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    COMN 3701- Lecture 2

    • 393 Words
    • 2 Pages

    Obsolescence: goods are made to expire or "go out of style" quickly to increase consumption…

    • 393 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    What is planned obsolescence, what is the value proposition, what effect does one have on the other, and where does the consumer draw the line? Planned obsolescence is a very large part of the consumer’s daily life, from every flip of the light switch, to every call you make on your cellphone. Your milk is not the only thing with an expiration date these days. You may not know this, but the manufacturing companies do!…

    • 554 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Generally, most non-current assets, with the exception of land, decline in their potential to provide future economic benefit. There are three factors that contribute to this decline. They are, the deterioration of a non-current asset due to the use of it, technical obsolescence, whereby certain assets become out of date due to technical innovations and improvements on a comparative basis and the final, commercial obsolescence which is the process of certain non-current assets becoming redundant as the demands fall for the goods or service previously provided by the asset…

    • 975 Words
    • 4 Pages
    Good Essays
  • Better Essays

    If few exit barriers exist, an industry leader might attempt to increase market share via aggressive pricing or promotion policies aimed at driving out weaker competitors. Or it might try to consolidate the industry, as Johnson Controls has done in its automotive components businesses, by acquiring weaker brands and reducing overhead by eliminating both excess capacity and duplicate marketing programs (Mullins. (2013). Alternatively, a firm might decide to harvest a mature product by maximizing cash flow and profit over the product’s remaining life. The last section of this chapter examines specific marketing strategies for gaining the greatest possible returns from products approaching the end of their life cycle (Mullins.…

    • 1080 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Informative Speech

    • 910 Words
    • 4 Pages

    Turning on a light is simple; however the creation of one is and was difficult back in the 1800’s.…

    • 910 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Lightbulb Research Paper

    • 582 Words
    • 3 Pages

    “… Though Thomas Alva Edison is almost always credited with having invented the lightbulb, an earlier version was developed in England by Sir Joseph Wilson Swan. However, Edison was an important pioneer who went on to make the first successful electrical system.”(Collier 66). In 1878 Joseph Swan made a workable version of an electric light bulb, using a carbon filament. (Collier 66)…

    • 582 Words
    • 3 Pages
    Good Essays
  • Good Essays

    * It helps the consumer to save time. As the consumer has already been the consumer is not required to spend time in getting the products.…

    • 601 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    It’s the marketing strategy of the company that can either do wonders or blunders for the brand. If a product has a life cycle so does the marketing strategy has.…

    • 1525 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    • It helps the consumer to save time. As the consumer has already been the consumer is not required to spend time in getting the products.…

    • 303 Words
    • 2 Pages
    Satisfactory Essays

Related Topics