Well, the dip shouldn't last for long. I think this is good news and a really good first product to release.
With over 100 million ipods sold and 10s of millions in use there is definitely alot of demand for this product. Having this link to ipods will really give this product good leverage for being very sucessful.
Also the more people that buy this product, the more Kynery will get its name out there. Right now I personally don't know of any solar energy companies off hand but a simple reasonable very useful product like this is exactly what Kenergy needs to becomes The Solar Energy company. So when people are looking for solar energy productsin the future, people will look for Kenergy first.
I think that since the product is only $17.50, many more people will be likely to go green shall we say and buy a solar product. Most of the time people avoid using solar products because they are too expensive. The more solar products that could be put on the market that are cheap, the more people will look for more solar products in the future.
Also, another key factor, is people on the board were talking about licensing agreements. It usually really expensive to put a ton of money out there for advertising to get the product and the company name out there and known to people. BUT with this type of simpler/ cheaper product Ken could do a ton of licensing agreements with other companies. These other companies will make the product and put it out there, and do a ton of advertising for Ken. This is key to not only getting Kenergy's name out there but also having more distribution for Kenergy in the future, when it comes to producing more difficult products.
That is just my take on this product. I think its a really good call by Ken and a really first good product to release.
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