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I think your last line is key to why a low price is a good idea. As someone who did a lot of research before buying my first smartwatch, I found it difficult to
by antasvara 6y ago
I think your last line is key to why a low price is a good idea. As someone who did a lot of research before buying my first smartwatch, I found it difficult to actually estimate how much benefit I would get from owning a smartwatch. What this essentially does is lower the barrier of entry. Now, a prospective buyer doesn't have to see much benefit to take a chance on buying the product.
- breck 6y agoYes, and I realize that maybe my comment about Wyze is harsh——I think it is a FANTASTIC thing that more companies are making these things (and getting the price down!). I just think from a business point of view the smart watch business is all about the top end, because the real estate is so valuable, literally on top of someone 24/7, that the focus should be on how much value can you deliver to that person, and target a 1% of their income price point (hopefully delivering a much greater benefit than 1%). But absolutely, this is an awesome development, to have a $20 smart watch, and I agree if Wyze is getting more people wearing these things, that will be a huge win for the world.