Wyze $4.99 Monthly Professional Home Monitoring

By John Honovich and Brian Rhodes, Published Dec 09, 2020, 02:26pm EST

The alarm industry was shocked by Ring's $10 monthly price for monitoring, now 2 years later, Wyze is selling for half that price and throwing in the equipment for free.

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Inside this note, we examine Wyze's offering, comparing it to Ring, Simplisafe, and smart home (ADT, Vivint) options.

***** **** ****** * plans, ** ********** **** everyone **** ****** *** annual ******. *** $**, that ******** * **** of ************ ********** *** the ******. *************, ***** can *** ***** ** month, *** *** ******* cost ** $** *** the ***** ***** *** the *** **** $* per ***** **********.

Professional ********** ******* ********* / *******

**** **** *** ********** is **** * *** 5-Diamond ********* ******* *** sources **** ** ** Louisiana's******* ********** ********.

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******* ** ************* **** *********.*********** ****** ******** / ***************** **** ***** *** its*********** **** ******** ******* ******** *** people ** *****.

'Core ******* ***' ********

****'* ~$** **** ******* Kit******** *** (~$**) ******, a ******** ******* ***, two (~$**) ****/****** *******, and *** (~$*) ****** sensor.

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**** **** *** ******* which ******** (** ******-********) frequencies *** ****, ** if ********** ** ****. And ********** ******* *** keypads *** ** ***** to *** ***** ******, the ******* *** *** provided ********** ****** ** the *** ****** ** devices.

****, '**********' **** ****'* system ** *** *** internet ****, *** *** hub **** *** ***** GSM/Cell ******.

*** *** **** ******* a ****** *******, *** no ********* ** ***** for *** **** ** lasts.

********** **** ******* *** be ****** *** *** monitored *** *** **** price.

Existing **** ***** *** **********

****'* ***** ******* ** PIRs *** ******* ******* is *** **********. ** 2019, **** ************ *****, * ****** ** $5 ******* **** ********** with **** ******* *** a ****-** *** ******.

*** ******* ******** '*****' sensors *** *** ********** with *** ***** ***, and *** ******* *** '********* *** *********' ** *** *******'* webpage.

Ring **********

****** ******** *** ******* between **** *** **** but ****'* ******* ** significantly *****, **** **** monthly ********** ***** **** the ***** ($*.** ** $10) *** **** **** charging *** *** ******** instead ** **** ********* it **** * *** year $** ********.

**** **** ********* **** Alexa, *** **** ********** system **** ***.

Simplisafe **********

***** ********** ** *** largest *** **** ********** offering *** *** *** first ** **** ****** discounted *******, ********** ** significantly **** *********, ******** at $**.** *******, ****** that ** ****.

********** ****** **** ****** types **** **** *** cell ******, ***** **** does *** *****.

Smart **** ****** (***, ******) **********

***** **** ** **** than */**** *** ***** of ***** **** ******* (e.g., $*.** ** $**+), these ***** **** ******* offer *** **** ************ including *-****/****** *********** **** lighting, ***********, **** *****, etc.

*******, **** **** ***** lighting, ***********, *** ***** so ** ***** *** be ********** ** **** add ******* *** ***** devices ** *** ******.

*** ******* ** *** quality ** ***** **** monitoring **********, **** ****** commenters *********** ***** *** reliability ** ***** ****** elements.

Economics - *** ** **** ****** *****?

** ** *** ***** how **** ** ****** money, ****** ** ********, this ********. **** ******** recently **** *** ****** for **** *** ** is *%:

** **** **** *****, they ********, ***** ******* gross ******* *** ***** 10%.

** ****** *** **** super-low ***** ******* *** the ********** ******* ** even ***-**** **** ******* monitoring ***** ***** * few ******* *** *****.

*********** ***** ** ***** sale *** ****** ** up ** ******** ** *** ****, Wyze ** *********** ******** this ********.

** ** *** ******* it ** ****** ***** or ******** ** ****. The ****** ** *** strategy ** **** **** is ******** ** * sizeable ******** **** (******** of ******) ****** * very ***** **** *** for **** ****** ********* spend.

** ** ******** **** Wyze **** ** **** of ******** ** ********* in *** **** * years ****** * **** array ** ******** **** the *******, ********** ********* from *** **** ************ with *********. ** ** also ******** **** **** collapses *** ** ** inability ** ******** ********** profits ***/** ********** **** investors.

Competitive ******

****'* **** ********** ** mostly * ****** ** Ring *** **********, ***** companies ******* *** ** discounted ******, **** **** suddenly ****** ********** **** expensive.

*** ***** **** *********, this ****** **** **** impact, ** ** ****** pricing ************ **** ***** but **, *** *****, Wyze ******** * **** smart **** ********, *** risk ****** ** *******.

Vote / ****

Comments (19)

*** **** ** *** bottom ** ******* ** speed.

Agree: 7
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**'* **** ******** ****** stores **** ** *** bottom...

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****, **** **** *** the ********* ** **** Bezos *** ******. * wonder ** ****'* *** plan.

Agree: 3
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* ** **** ***** game **** ** ** get ****** ***. **** tens ** ******** ** cameras *** ***** *** get * *** ******* thousand ** **** ** for **** *** **** are ********** ** *** bought **.

* ** **** **** sense ** *** ********** because ** ***** ****** worked *** *** ***** enough *** ** *** to ****** ****. * love ***** ******* *** hate ***** ******* *** light *****. * ** also *** * *** of *** ******* *** of ***** ****** ******** they ****. ** *** equipment ** ***** *** they ******** ** ******* it **** **** ** with *** ******* * am **.

Agree: 3
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******* ***** ******** *** good. *** **** ***** though *** ****** *****. Wyze, **** ******, ***** that **** **** ** keep ****** ******** ******* and *******. ** **** point *** ***'* *** the ****** **** *** need ** *** ******** you **** ** *** physical **** ** *** devices *** ** ***** you ***'* *** **** is ****** ** **** the ******* ******** ********.

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***, ***, ****'* *** we ** *** ******* them.

Agree: 2
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** ** *** ******* it ** ****** ***** or ******** ** ****. The ****** ** *** strategy ** **** **** is ******** ** * sizeable ******** **** (******** of ******) ****** * very ***** **** *** for **** ****** ********* spend.

** *** ***'*? *** not? ***** *** ******* negatives ** *** **** to *** ******; ******* adjustment, ** ** ****** to ****.

*** **** ** *** bottom ***** ********** *** innovative ******** ****** **** own *******. **** **** market ***** ** *****.

** **** ******** **** brand. ***** **** *** being ***** *** *** the **** ***** ** all.

*** **** ** *** bottom **** **** ****** at ****. ******* *******, you ****** ****** ** your *** ****** **** less ********* **.

******* *********** ** **** for *** ****** *****. Competition ** ******** ** drive ********** *** *** resulting ***** ****** ** better ***** *** ****** good *** *** ********, but ****** ********** ***** wars **** ****** **** negative ****-**** ******* *** both *** ******* *** the ********. *******, ** have **** **** ** often ** ****** ***** it ****** ** ****-******* by ***.

Agree: 1
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Funny

** *** ***'*? *** not?

** *****, ** **** wrong *************, *.*., **'* a ****-**** ******** *** them *** **'* *** 'dumb'.

*** **** ** *** bottom ***** ********** *** innovative ******** ****** **** own *******.

** *** ** ****** against ****. ****'* *********** are *** ***** ******** or ******** ****** ** response ** ****.

*****'* ********* ************* **** because **** **** ***** on ****, *** ******* and ***** *******, **** risk ******* / ********* vulnerabilities.

Agree: 1
Disagree
Informative: 1
Unhelpful
Funny

** *** ** ****** against ****. ****'* *********** are *** ***** ******** or ******** ****** ** response ** ****.

***.

*****'* ********* ************* **** because **** **** ***** on ****, *** ******* and ***** *******, **** risk ******* / ********* vulnerabilities.

***, ** ***** ** an ******* ****. * appreciate *** ********* ****. There *** ****** **** involved.

Agree: 1
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***.

**** ** **** ***** this *** * *** years ***. *** **** of *** ****** (**** low-cost ******* ********) **** effectively **** ******* ** let **** *** ** is, **** ******* ******* moves.

Agree: 2
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* ***'* ***** **** are ***** ********. **** offer ***** ********* ** a ****** ********** **********. And * *** **** in **** ***** **** already, *** *** ******* were ****** *****. * am **** *** *** firmware **** [***, * JUST ***** **] **** last **** ** ****. It *** ***** *** people **** ** *** were ******* **** ***** be ******* ** ***** servers. * ***'* *** them ************, *** * have ******** **** ****, and **** *** ***, they *** $** *******.

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***'* ***** **** *** going ********.

*****’* ** ***** ****** are ***** ** *** it. ******* *** **** could ** **** ** selling ****** ***** *** $.99. *** ******** *** them ** ******* ** not **** *** **** it **********, * ***** it’s ******** *** **’* certainly *** * ******** conclusion.

Agree: 1
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** ******* **** ****, even ****** **** ***** otherwise, ** **** ** security ******* ******* *************. This ** ******* ** why **** *** ***** that ************ *** *****. If * *** ******, I ***** **** **** Vietnam.

Agree: 1
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* **** ** *********** monitoring ********* *** ******* their ***** **** *** traditional ***** ******* ********. With ********** ****** **********, will ***** *** *** systems ****** ***** ******** and *** ************* ***** companies **** *** **** police *********** ?

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**** ***** *** *** systems ****** ***** ******** and *** ************* ***** companies **** *** **** police *********** ?

*******, ****** *** **** first *******! ***:********** *** ***** ***** Alarm ***** **** ************ Systems. *'** ***** *** case **** * ****** of ***** **** ******* DIY ***** **** ** be **** **** ***** and **** ****** ** have ***** ************ **** their ***** ***** **** is *****. ** ****** reasonable ** ** *** we ***'* **** **** much ****** ********** ** this ****.

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* ***** ***** ************ is *** ******* ******. I ** *** ** expert, *** ** ***** sense.

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*** **** "***** ************" has ******* ********* *********** and ********, *** ****** qualified *** ****** ************ or ********. **** ********** several ******* **-**** **** not ******* ****** *** cameras ******* ****** "************ of * *** **** threat".

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*** **** ”********** *******” has **** ********* *********** and ********. **** ** not ******** **** ***** police, ******* **** ****** from * ******** ****, without ****** ***********. **** not ******** ** *** trend ****** ** ** slow ****** ********. ** forget, ******* ********** ******** operate ***** *** **** laws ** *** ********, no **** ** ****; cannot **** ****** ** respond ** ******* *******, without ************. ******** **** uses * ************ ********** company, **** ***** ** instructed ** ******* **** “customer **** ************”. ***** customers ***** *** **** the *********** ** ****** response. **** ** *** next-gen ********** ***** **** not **** ** ******** to **** ********** *********/******* requirements, **** ********* ********.

** ******* ** ** a *** ****** ** the *********** ******** *****, ie $*-** ******* ** $30-40 *** ***** ********* systems.

******: *** *****; ******* Services *****

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