Why do some products have a lifecycle built into them?

Some products have a lifecycle built into them to ensure they remain relevant and appealing to consumers over time. By introducing planned obsolescence or seasonal variations, companies can encourage repeat purchases and maintain steady sales. Additionally, incorporating a product lifecycle allows businesses to manage resources effectively, streamline production, and adapt to changing market demands. This strategy can also help in fostering innovation, as companies are motivated to develop new features or versions to meet evolving consumer preferences.