I’m not familiar with that specific make and model but at that cost for only 12 eggs it should be good quality.   Still, definitely confirm that the thermometer is working correctly before you trust it.  You may need to do some tweaking.
The “ideal” temperature for a forced air incubator is 37.5 C or 99.5 F.  37.0 C is only a half of a degree C off.  That’s not too bad.  The instantaneous temperature is just a measurement of the air temperature, not the temperature in the middle of the egg.  Because of the differences in density of the egg and air, it takes a while for the center of the egg to match the air temperature.  So how long it is at 37 makes a difference.
The other thing is that the average temperature is what counts, not an instantaneous temperature unless you get ridiculous about how long it is at that strange temperature.  If it stabilizes at 37.0 instead of 37.5 for an average temperature, your hatch will probably be a little late, maybe a day or so, maybe not that much.  
Very few eggs actually hatch right at 21 days.  For a lot of different reasons they are usually either a little early or a little late.  Heredity, humidity, how and now long they are stored before incubation starts, and just basic differences in the eggs like size, porosity, thickness of the egg whites, and many other factors.  One really huge difference maker is the average incubating temperature.  If the average temperature is a little high, they can be quite early.  I’ve had eggs pipping when I went into lockdown and they hatched OK.  If the average temperature is a little low they can be late.  If mine hatch within 24 hours either side of the 21 day target I consider them right on time, but even under a broody hen I’ve had eggs hatch a full 2 days early.  
You should try to get it as close to 37.5 as you reasonably can, but if you are fluctuating between 37.0 and 37.5 I think you are doing pretty well.