Samsung seemed too confident about the sales of Galaxy Gear in India when it launched the smart watch for an insanely high Rs. 23,000. The wearable gadget was launched along with Galaxy Note 3 and was heavily marketed. A massive price cut of 40% in Galaxy Gear’s price, which brings it down to INR 14,999, proves that Samsung was wrong in predicting the nerves of the price sensitive Indian market.
Galaxy Gear was launched with connectivity support for only a handful of Samsung Galaxy devices. Add to that the fact that wearable tech isn’t the most trending thing in India right now and that similar watches from Sony and others are priced well below Rs. 15k already, made sure that Galaxy Gear’s performance in India disappointed Samsung.
It would be rather interesting to see whether the new price gets people attracted towards the Galaxy Gear or if Samsung is forced to make further price cuts to make the deal more lucrative. The price cut in India could be just the beginning and it is strongly possible that this price cut will take place globally. Also, the slow adoption of wearable devices in India can be a alarming sign for Google Glass, which is expected to go public later this year after staying in beta for around 2 years.
On a personal note, I would save these Rs. 15k for now and use them to buy a Google Glass later on (high pricing is not-so-Google, hope Glass continues this trend), which is far more functional and cool than this wrist watch.
Galaxy Gear was launched with connectivity support for only a handful of Samsung Galaxy devices. Add to that the fact that wearable tech isn’t the most trending thing in India right now and that similar watches from Sony and others are priced well below Rs. 15k already, made sure that Galaxy Gear’s performance in India disappointed Samsung.
On a personal note, I would save these Rs. 15k for now and use them to buy a Google Glass later on (high pricing is not-so-Google, hope Glass continues this trend), which is far more functional and cool than this wrist watch.
