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Smart Home Systems Are on the Rise

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Debera Harward
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Re: Not "the cost", but rather the value.
Debera Harward   2/13/2014 2:00:31 AM
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Tekochip yes i agree with you that not everyone is a fan of smartfones . But according me majority are loving it especially the young gneration .Older people are just bothered with the msgs and calls however children of this generation are more concerned about the Add on features and for them now a days add on features have become the necessity as well.

tekochip
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Re: Not "the cost", but rather the value.
tekochip   2/11/2014 11:17:14 AM
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To say that Apple invented the Smart Phone might be giving them a little too much credit.  Palm, Blackberry, Geos, and the Pocket PC were already out for quite sometime.  I really loved all the capabilities of my Pocket PC, and much like Apple fans now, I bought the newest version as soon as it came out.  I believe Blackberry had a similar following with their fans.
 
That said, it was marketing hype that made the product popular.  Some people loved everything their Smart Phone could do, but most people couldn't understand why you would want a computer in your pocket.


William K.
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Re: Not "the cost", but rather the value.
William K.   2/10/2014 10:30:53 AM
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It will be the marketing masters who convince people that hey need a bunch of useless junk that sort of provides an illusion of luxury. The energy savings will undoubtedly be negated by the additional power that the systems will cause to be wasted, and any potential energy savings would take years for payback based on the costs of these systems.

 

But any CEO of any company producing these systems, or planning on producing them, would be an idiot to not constantly be telling all that they are so very wonderful and everybody wants them. What else would they say? That is the only kind of message that will please sockholders and boards of directors. Truth does not mater in those instances, since it is the message that drives stock prices. 

The big question here is who really needs this stuff? It is a desperate effort to create "the next big thing", with the intense marketing being the only possible way to fast-talk people into believing that they need it. Of course there are lots of companies that do stand to make a lot of profit selling the stuff, and so it will provide a big boost for a number of segments of the electronics industry. But that won't last because the benefits will not live up to the promises. Just like a number of fads that have come and gone.

Debera Harward
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Silver
Re: Not "the cost", but rather the value.
Debera Harward   2/10/2014 4:25:34 AM
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Example of creating a need for a particular product is smart phones . Initially there was no concept of smart phones people were just happy and contended with normal mobile phones than Apple was the one who recognized the market invented the product and created the need .

Debera Harward
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Silver
Re: Not "the cost", but rather the value.
Debera Harward   2/10/2014 4:23:39 AM
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A good marketor is someone who creates a need of product . That is the product created initially there was no need of the product and then the marketor promotes that product in such a way that it becomes a need . This is basically art of marketing .

Cabe Atwell
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Re: Not "the cost", but rather the value.
Cabe Atwell   1/20/2014 6:02:13 PM
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Chuck,

You're missing out.

I've had a smartphone, or sorts, since the Treo 280 days.

It's so nice to have access to everything in your life.

They are practically free now... give it a shot. You will not regret it.

 

 

As for home automation... it can't get here fast enough.

C

William K.
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Re: Not "the cost", but rather the value.
William K.   1/17/2014 9:53:48 AM
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This is where the marketing people will be working so very hard, which is to somehow convince folks that some expensive thing delivers benefits worth the cost. Likewise the managers and CEOs will be working hard to convince investors that the useless products with a marginal value have a bright future. If nothing else, we will see a new era in marketing efforts.

Debera Harward
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Silver
Re: Not "the cost", but rather the value.
Debera Harward   1/17/2014 2:00:40 AM
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William, i agree wid u yes definitely if benefits are less than the cost no one will opt for it .

Charles Murray
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Re: Not "the cost", but rather the value.
Charles Murray   1/16/2014 8:23:16 PM
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I have to admit, William K, that I share your unwillingness to spend the extra money. When it comes to smartphones, I'm still a holdout.

William K.
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Platinum
Re: Not "the cost", but rather the value.
William K.   1/13/2014 9:54:52 AM
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Of course the economoics of greater production would reduce the cost of producing the hardware for all of these "smart home" systems.

But even as the cost would drop for such products, the benefits and value to people will not increase. So why should anybody waste any money on a product that offers no benefit? Of course high intensity marketing will have some effect toward increasing sales, but the majority of sensible folks will ignore them.

I realize that is not what CEOs and boards of directors must say, because that is certainly what shareholders and potential investors want to hear. That is the main reality, and often the driver behind all kinds of glowing announcements about how popular some items will be in the future.

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