Dedicated product renderers such as KeyShot have deeper material libraries, network rendering and years of studio workflow behind them. If your day is print-resolution hero shots for a catalogue of hundreds of products, keep using them.
The overlap is the everyday job: a model from a supplier or a designer, a clean backdrop, two or three lights, a few angles and a short spin for a product page or a pitch deck. Studio does that end to end in a browser, on whatever machine you are at, with no license seat and no render workstation.
Because the scene is saved to your account rather than to one disk, the next round of changes starts where the last one ended: the same lights and the same camera, with a new colorway. Swap a material, render again, export.
Setting up, lighting and previewing renders is free. Saving finished renders and video without a watermark, up to 4K, is part of Pro at $8.99 a month or the one-time $99 license.