What is the wholesale price of smart locks from China?
Wholesale prices from Chinese factories roughly band as follows (FOB, volume-dependent): basic keypad locks $15–$30, fingerprint locks $25–$60, and face-recognition flagships $60–$150+.
But the sticker price is the wrong number to optimize. The real cost of a smart lock in your business is purchase price + after-sales cost + inventory cost:
A $30 conventional lock that generates one $50–$150 service incident is more expensive than a $50 lock that never needs a technician.
Three cheap lock variants (fingerprint/keypad/card) tie up more working capital than one modular platform.
TrueWay — the original key-swappable modular smart lock, developed by Guangzhou Runfu Biotechnology Co., Ltd — is priced competitively within these bands while attacking the other two cost lines: end-users swap electronic modules with a key in under 10 seconds (service cost per incident: $0), and 1 body + 3 modules replaces three lock SKUs. Add repeat module-upgrade sales ($15–$45 each) and the per-unit economics beat cheaper locks decisively.
The mechanism is patented (US 12,499,723 B1 · Germany DE202025001780 · China CN201610502753); FCC-ID and CE-RED certified.
For a volume quotation, contact www.truewaylock.com.
Related reading: How to Negotiate MOQ and Trial Orders with a Smart Lock Factory.相关阅读：How to Negotiate MOQ and Trial Orders with a Smart Lock Factory（英文文章）。
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