Testing $20 WyzeCam, The Money Losing Amazon Vet Startup

Author: IPVM Team, Published on Dec 12, 2017

This startup is perfecting the old adage:

We lose money on every sale, but make it up on volume

But it is no joke. The company, Wyze Labs, is led by ex-Amazon managers, who clearly have money for an incredible PR campaign, including fawning coverage in the NYTimes, CNET, Engadget, and more plus slickly produced marketing videos like so:

Wyze's pitch is simple and amazing - IP cameras for just $20 sold on their website and Amazon, with 2 weeks free cloud recording.

Indeed, the NYTimes, evidently seriously, declared:

Wyze did not create a home internet camera for a tenth of the price of rivals by skimping on quality.

However, our tests results show the quality is significantly inferior to competitors like Nest and others on many dimensions but we do believe there is potential for this as a business.

**** ******* ** ********** *** *** *****:

** **** ***** ** ***** ****, *** **** ** ** on ******

*** ** ** ** ****. *** *******,**** ****, ** *** ** **-****** ********, *** ******* **** ***** for ** ********** ** ********, ********* ******* ******** ** **********,****,********, *** **** **** ******* ******** ********* ****** **** **:

****'* ***** ** ****** *** ******* - ** ******* *** just $** **** ** ***** ******* *** ******, **** * weeks **** ***** *********.

******, **********, ********* *********, ********:

**** *** *** ****** * **** ******** ****** *** * tenth ** *** ***** ** ****** ** ******** ** *******.

*******, *** ***** ******* **** *** ******* ** ************* ******** to *********** **** **** *** ****** ** **** ********** *** we ** ******* ***** ** ********* *** **** ** * business.

[***************]

Testing ********

******* ******* **** ********** ********, ********** ****** *********, **** *** light ***********, **** ***** ******* *** ***-******** **** *******.

** *** **** ****, ** **** ****** *** ****** *****, which *** *** ***** (~$** *** **** * ********** ********* SD ****) **** ** ********** *** ****** *** **** **** the ****** ** * ****-****** *****.

Market ********* **********

******* *** ******* ******* ********, ** ******* **** *** * shot ** ***** * ****** *********. **** **** ******* ************ strong ********* ********* *** ********* * ******* ****** **** ** willing ** **** ***** *** **** **** ** **** ***** up. ** **** *** ***** **, **** **** **** *** opportunity ** *** ** ****** **** / ****** ****** ******* and ****** ********* ** ******* ************ ******** *** ******* ***-*** (longer *******, ******** ********, ***.). **** *** *** ***** ***** low-cost ** ****** ******** *** ******** ********* ***** *** ****** to ******* *******. **** *********** ***** ****.

Impact ** ***** *************

*** ******* **** ** ** ******* *************, **** ********* / Ezviz. ****'* ***** ***-**** ***** ******** **** ***** ******* ********* is **** ***** *** ******* ************* ** *****. *** *******, Wyze *** ****** **** ****** ** ** **** *** **** month **** ***** *** **** ******. ** **** *** ***** up (*** *****'* ********** ****), **** ***** ********* ********** ** the **-**-***** *** ***** ***-****, ********/'****-******' ** *******.

Physical ********

******* ** ******* **** **** ********/*** *******, ******** ******** ****** if ******** **** *********** ****. **** **********, *** ******* *** its **** *** **** **** *******, ****** *** ****** **** breakable ******** ** *** ****.

***** ** * ******** ******** ** *** *******:

*******

*** ******* *** ** ********* ******** **** ********** ********** ~$** ***. **** ******* ******** *** ****** *** ** days ** **** ******* *******. **** **** **** ** *** WyzeCam **** ***** *** *** ****** ** ********** ~$**.

******* ** *** ******* ** ************* ***** **** *************/*** ************* *** ******** ***** >$***.

Non-Existant **** *******

****** *******, ******** ******** ** ******* **** ******* **** ****. When ********** ***** ******* ** **** ******** **** ** ***** were ********* ** *** **** *** ** ****** ******* **** our ********* ******* *-****. ******** ** ******* ** *-**** **** replied **** ********* *********.

Frequent ********** ******

****** *** *******, ******* *** * ****** ** ****** ********** to *** ******** *******, ********* ****** ******** ******** ** *******. Note **** ******* *** **** ******* ** *.**** ********. ***** is *** ***** ******** **** ********** ** ******* *****:

**** ** ** **** ********, *** ******* *** ** *** to ************ ******. *******, **** ****** ** **** ********, ******* constantly ******* ** **** *** ****** ** *** *********. *** alert ***** ******* *** ~* ******* ****** *** **** ****** responsive. ***** ** ** ******* ** *** "****** *** *********" alert:

Motion ****** **********

****** ******* ****** ****** ******** ** **** ************ ******* ***** able ** **** **** ** ** ***.

****** ****** **** ****** ** ** **********, ********** ** ******* and ***** ******* ** **** *** ****** ********. ******* ****** no *** ** *** ** ********* ****** ***** ** ****** unwanted ******. **** ***** ** ** ******* ** **** ***** trigger ****** *********:

**** ***** ****** ***** *********, ******* **** ****** * **-** second ****, ***** **** **** ** ******** ******* **** *** record *** ***** ****** ****** *** * *******. ** *** testing, **** ****** ** ** *** *****, ********* ******* *** event ********* ***** ** ***** ** *** ****** ***** ********* the ****.

***** ****** **** ****** ** * **** ** *** ***** notifications **** ******** *** ****** *** **** ****** ** ***** to *** ******* *** *** ****** ** *** ***** *** same ** ** ********** ***.

Full ***** ***** *******

*** ***** ***** ***** *** **** ***** *** **** *** WyzeCam *** ****. **** **** *** **** ****** *** * wider ***** ** ****, ********* ** * ***** ***** *** foot.

** ~**' *** ******* ******* *** **** *******, **** ******* slightly ****** **** *******.

** ~**' *** ~*** ***, ******* ******* ****** ****** ******* than **** *** ****** *** *** *****, ****** ********** **** the ***** **** **********.

Dark ***** ******* *** ** *******

******* ********* ********* ** **** ** ***** *********. **** ******* more ****** ******* ** *** ***** *****, ***** **** ***** of *** ***** *** ******* **** *******.

*** ** ****** ** ******* ****** ** ********** *** *******, making *** ****** ****** ********** ** ~**'.

App *********

*** ******* *** ** ********** ****** *** ***************, ****** ** easy *** ***-****-***** ****** ** ********** *** ** *** ******** available. ****** ******* ** *** **** ******** **** **** ************* not ********* ** ***** **** * ****** ***** *******. ***** is ** ******** ** *** *** *** *** ********:

Test **********

*** ********* ******** ******** **** **** ** **** ****:

  • *******: *.*.*.**
  • ****: ***-******

Comments (31)

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****** *******:******** ******* - *** * **** ****** ******* ** ****** on ****** *** ******, *** ******:

  • ***** ** ******** ***** / *** ** **** ******* - "*** ****** ** **** ***** ** *** ********** ******* *** getting ** **** ******** *** ***** ******* ** ****** ******* that **** ********** *** **** ****** *** ** **** ** get ** ** ** **** ***** ** ********." **** **** have **** **** *** **'* *** *********.
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***** **** ** *** * ******* *** ** ******* *****(******** streams ** ****) ** * *** ** **, * **** three ** ***** ** ** *****, *** ******* *** ** nice *** **** ****** *** * **** ** * ****. They **** * ********** *** **, *** ** ******** * virtual *** ** *** ******* *** *** ** ******** ** the **** ***, *** ** ** * ******** ***. **** instance ****** *** **** * **** ** * ****.

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****, ****'* ****'* ******** *****. (*) ****** ****** *** *** cameras **** * **% ******, (*) ***** ******** ** ** marketing, (*)******

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