undefined | Better HN

0 pointsbluGill5y ago0 comments

In fact if you get "good enough" at the low end there is more money there than up top. Sure $200 isn't much compared to me income, but it is still more than an impulse buy. If you can get the $20 market it becomes an impulse buy for a lot more people. If you are good enough they compare with their friends and the friends also buy - those who would never spend $200 on an impulse buy, and those who already have and are looking to replace theirs.

0 comments

2 comments · 1 top-level

treesknees5y ago· 1 in thread

The low price of $20 actually slows my impulse to buy it. Sure, it's not a lot of money, but how reliable or usable can it be for that price? It makes me think of a cheap knock-off device I'd find at a TJ Maxx store on clearance. What makes it so cheap even compared to a Fitbit?

bhupy5y ago

You might be right, but the current price point of watches could also be inflated.

Let's not forget that once upon a time, pocket-watches were only for the rich. It wasn't until the advent of quartz watches that you could find a solid watch (digital or analog) for under $100. Today, $20ish digital watches are fairly common on the market. One of my favorite watches is a cheap Timex Weekender (a favorite of /r/malefashionadvice IIRC).

Just like one might decide to go for a stylish (but cheap) quartz watch instead of that expensive automatic, one could decide to go for a stylish (but cheap) Wyze watch instead of that $300 Apple Watch. We'll have to see if Wyze (or someone similar) can actually execute and pull that off.

j / k navigate · click thread line to collapse