A product strategy that seeks new products to make prior products obsolete. It usually is applied to a product category in which annual product changes make prior years' models less desirable.

The creation of commercial products that intentionally go out of date relatively quickly so that a new purchase is required. While the term predates the digital era, electronics corporations have become the true masters of planned obsolescence, often by the incremental release of slight improvements in software or hardware that are touted as major [..]

Planned obsolescence is a process of expiring, depleting or withdrawing a product at a specified date or time interval. This technique is used in different organizational domains to set the decommissi [..]

A decision made by a manufacturer to make a product last only a certain amount of time. By ensuring failure of a product, the consumer is encouraged to purchase an updated product, proving profits for the manufacturer.