Great writeup! Seems like a really interesting company. I think the consumer aspect is the key here. It’s great to see that their ratings are high and their customer engagement is strong. My one question/concern would be where does this fall into a consumer’s hierarchy of need? For example: if there is a downturn in the European economy how high on consumer’s list of priorities would their products be?
I think energy costs are a big part of the costs of a household. So saving energy in an economic downturn would be even more important. Especially the smart shelly relays are not that expensive compared to the monthly energy bill. So i think the priorities to save energy will become more important and so the implementation of products that help to save energy will also play an important role
Great writeup! Seems like a really interesting company. I think the consumer aspect is the key here. It’s great to see that their ratings are high and their customer engagement is strong. My one question/concern would be where does this fall into a consumer’s hierarchy of need? For example: if there is a downturn in the European economy how high on consumer’s list of priorities would their products be?
I think energy costs are a big part of the costs of a household. So saving energy in an economic downturn would be even more important. Especially the smart shelly relays are not that expensive compared to the monthly energy bill. So i think the priorities to save energy will become more important and so the implementation of products that help to save energy will also play an important role
Really good way to think about it. I think that makes this even more interesting. Appreciate the help!