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Economic
The Smartess system has an edge on the already existing smart-home systems due to its scalable and flexible nature. With it's new centralized management platform, Smartess can target a new market, providing economic opportunities for itself, and for property developers, property managers, owners, and tenants alike.
Unlike current smart systems that focus solely on single homes/units, Smartess' scalability and easy installation allows it to target both single homes and entire residential developments. By selling their software directly to developers, Smartess provides real estate developers with a unique opportunity to incorporate a smart-home system into their large scale multi-unit projects. This not only benefits the developers, as they will increase the value of their properties and have a competitive edge in the real estate market, but it also establishes Smartess as the first and only smart home system to fill the needs of this untapped market.
Smartess offers a variety of packages that tailor to their clients needs such as: safety packages, energy-saving packages, or classic smart-home packages. The packages and features that Smartess offers can help homeowners save on their utility bills, providing them with financial gain as well. Smartess is able to deliver the right smart-home system based on their clients preferences for a standard and competitive price of 3000$ per unit.
Beyond the initial sale, Smartess will generate recurring revenue through monthly maintenance fees. These fees are necessary to ensure the smooth operation of the system. Furthermore, they will allow for continued innovation and development of new features at the company. So, while customers will benefit from their smooth and comprehensive system, Smartess can continue to invest in ongoing R&D.
Once the Smartess system is bought, all installation and automation is handled by the company. The system is installed before the tenant/homeowner gets the keys to their unit. All they have to do is enter the password, and they can begin using the system. This added convenience ensures a "move-in ready" experience for the customer- free of any installation headaches.
To conclude ,the Smartess system provides an innovative approach to smart-home technology for both large-scale projects and single family units. Piercing into this untapped market with their flexible, scalable, comprehensive, and easy-to-install solution will surely deliver substantial economic returns for not only the Smartess company itself, but for the developers and homeowners that invest in it as well.