Product life-cycle – problems of product planned obsolescence and fast fashion
Product life-cycle – problems of product planned obsolescence and fast fashion

Author(s): Magdalena Stefańska
Subject(s): Economy, Business Economy / Management, Energy and Environmental Studies, Cultural Anthropology / Ethnology, Marketing / Advertising, Business Ethics
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Poznaniu
Keywords: fast fashion;greenwashing;planned product obsolescence;product life cycle;sustainability;
Summary/Abstract: Corporate Social Responsibility (CSR) is an idea according to which enterprises take responsibility for the effects of their activities and undertake actions aimed at reducing negative effects and improving quality of life of a broadly understood group of stakeholders. In turn, marketing is a concept according to which all activities of enterprises are undertaken with the intention of satisfying consumer needs in the best possible way—by creating and modifying products and services. It would seem that they both—CSR and marketing, share the same goal—providing value to consumers in order to improve their quality of life. However, it can be seen that there is a whole scope of activities under the marketing instruments that primarily serve only to intensify sales. This would not raise any major objections if not for the fact that the occurrence of the demand for restitution is accelerated due to the planned shortening of the product life-cycle. This is in contradiction with the idea of CSR and sustainable development as well as sustainable consumption. So why is it a practice that does not cause widespread outrage and resistance from buyers? And how should it be dealt with? Two widely implemented strategies of manufacturers and retailers are described in that chapter: the 1st one is planned product obsolescence, the second—fast fashion. Retail chains follow the fast fashion trend—offering customers short, frequently changing product lines. However, seeing the effects of this type of strategies, it is possible to undertake a number of activities aimed at reducing the negative effects of these actions.

• Details
• Contents