Good luck, but more research might help
I'm not involved with the alarm industry at all, but to say there are no wifi products is flat out wrong. There are already different levels of wifi alarm certification, as I understand it.
I also wonder about this 'penny under Dabs' strategy. I doubt customers will switch supplier for the sake of a penny, but they may well buy all their product from one company if their headline item is much lower priced and the other items aren't much more expensive than the alternative. With just a penny under, there must be other factors than pricing.
Still, 500K to 5 million is pretty impressive, and he deserves his success.