The Battle of the (Smart Wrist) Bands | Wearable Tech Watch


The Battle of the (Smart Wrist) Bands

March 23, 2014   All wearables, Smart wristbands   3 Comments

As more smart wristbands come to market, so a price war is imminent.

WTW predicts that the price war will break out in the UK, where products from the current market leaders are more expensive than in the US. In the UK, the Fitbit Flex currently retails at £79.99 while the Nike+ FuelBand is a steep £129, a price that is easily north of US $200.

Let battle commence

Let battle commence

In its home market, UK-based challenger Fitbug is leading the low-price charge, with promotional materials that position the Orb for “just £49.95: That’s less than half the price of Jawbone UP or Nike FuelBand”.

The imminent arrival in Europe of the Nuband will give Fitbug more competition at the sub-£60 price point, while WTW expects Jawbone and Fitbit to counter by lowering prices on existing products (especially the second-generation Jawbone UP and Fitbit Flex) in time for the Christmas 2014 buying frenzy.

By then, consumers will have a lot more choice: Launching soon are wristbands from Sony, LG and Huawei, to name but three. It’s time for the Battle of the Bands.

/WTW

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3 Responses to The Battle of the (Smart Wrist) Bands

  1. Going UP: Jawbone UP24 goes worldwide – at a price « WearableTechWatch says:March 27, 2014 at 11:53 am

    […] at $99.95. As predicted a few days ago by WearableTechWatch, we are seeing the start of the “battle of the smart wristbands” price […]

    Reply

  2. Going UP: Jawbone UP24 goes worldwide – at a price | Wearable Tech Watch says:January 18, 2015 at 10:00 am

    […] at $99.95. As predicted a few days ago by WearableTechWatch, we are seeing the start of the “battle of the smart wristbands” price […]

    Reply

  3. Death of a Fitbit Flex | Wearable Tech Watch says:February 5, 2015 at 3:18 pm

    […] despite challenges from Misfit Shine, a Sony SmartWatch 2 , the Polar Loop, an ERI band, a FitBug and the NuBand Activ+: In fact I even made sacrifices for you, and gave up wearing a watch to be […]

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