Get All Access for $5/mo

This Might Be the Least Expensive Smart Lock Yet It's also super easy to install.

By Emily Price

Opinions expressed by Entrepreneur contributors are their own.

Courtesy of Sesame
Sesame smart lock

A new smart lock called Sesame, is hitting the market today and it promises to be both easier to install and less expensive than its competition.

Starting at just $89, Sesame undercuts its biggest competitor, August, by $160. For an extra $50 you can also get a Wi-Fi access point that allows you to unlock or lock the door from anywhere in the world. The company is touting it as the first "instant" smart lock.

What makes a lock instant? Unlike other options on the market, the electronic mechanism on the lock is attached to the back of your existing setup using tape. 3M's ultra-strong Command tape to be exact. If the installation goes down anything like what we see in the company's installation video, you'll be up and running with the device in seconds. Sesame self-adjusts to work on most modern locks in the U.S., Canada, and Australia.

Related: New Office Tech You're Going to Crave This Year

It unlocks by when you tap on the lock from its free app. You can also set it up to unlock when you knock on your phone in your pocket, or when you perform a "special knock" on your front door with your phone nearby. You can give your friends, neighbors or dog walker access to your home when you want to, and the app tracks who attempts to unlock your door, whether they're successful or not, so you can keep a watchful eye on your home no matter where you are.

Here's a closer look at how it works:

Related: OMG Yes: A Smart Mattress Cover That Can Brew Your Morning Coffee

Especially for entrepreneurs who are just starting up, the Sesame might be a smart consideration to give your home or office an added level of security and convenience.

The lock can operate for roughly a year and a half on its included lithium batteries before you'll have to replace them. When they start to run low you'll get a notification on your phone letting you know. That way you know that when you knock, Sesame will always answer.

Sesame launches on Kickstarter today and plans to ship its first locks later this year.

Related: A 'Smart' Belt Automatically Adjusts to Keep Your Pants Up

Emily Price

Technology Writer

Emily Price is a tech reporter based in San Francisco, Calif. She specializes in mobile technology, social media, apps, and startups. Her work has appeared in a number of publications including The Wall Street Journal, Reuters, PC World, Macworld, CNN and Mashable.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Fundraising

Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

Growing a Business

You Need an Advisory Team More Than Ever. Here's Why — and How to Run One Effectively.

The right advice, particularly in a company's early stages, can be an existential matter: how to surround yourself with the right minds.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Starting a Business

NFL Great Stefon Diggs Has a Plan to Change the Game in Fashion

Four-time Pro Bowl wide receiver Stefon Diggs has a burning passion for football and fashion. Here's his best advice for pursuing your dreams.