Verizon Making It Cheaper To Stay Or Go
Jun 28, 2006, 6:28 PM by (staff)
This fall Verizon is set to make a number of changes to its contract and policies that have prevented subscriber from moving to another carrier or even to a different phone or calling plan on Verizon. Verizon will offer new contracts that will prorate the early cancellation fee for all new subscribers or subscribers who sign a new contract. In addition, the carrier will offer many changes to encourage subscribers to stay with them. Current subscribers paying at least $50 per month will be allowed to upgrade to a new phone at the new subscriber price after 12 months of service. They will also continue to allow subscribers to upgrade their phone for free every two years. If a phone stops working after it is out of warranty, Verizon will replace it for $50. Verizon will make switching to a new handset easier by offering to backup and restore contact lists online for free. In addition, the carrier will also make an effort notify customers if a different calling plan fits their calling habits better.
so where is the NEW ideas??
1. The main point of the article... prorated ETFs. Cingular has been doing this!
2. Upgrades... On Sprint (CDMA or iDEN) you can upgrade your phone at any point of the contract as long as the handset you use has been active long enough. Once you've had your handset 12 months you get half of the new customer price, and at 24 months you get the full rebate. AND... you only have to have a minimum of a $35 dollar MRC.
3. Out of warranty swaps... Nextel created this a long time ago, and since the merger Sprint has adopted it for both sides. An even better opt...
2. Upgrades... On Sprint (CDMA or iDEN) you can upgrade your phone at any point of the contract as long as the handset you use has been active lon...
They have always had an Early Upgrade (1yr) and a Full Upgrade (2yrs), however they have adjusted it to make it even more appealing.
They have always had out of warranty swaps, so I agr...
Cingular DID do prorated ETF's up until Feb. of this year (they MAY still have it in some markets to this day).
Warranty swaps are nothing new to be sure.
Early upgrades are around in one form or another in almost every...
My GF has Cingular a...
Once you've had your handset 12 months you get half of the new customer price, and at 24 months you get the full rebate
Verizon is now letting you get NEW CUSTOMER PRICE AT 12 MONTHS
how is that the same?
I don't see anything here that isn't already done in the wireless industry. Everyone here seems to think that VZW is changing the game when they are really just catching up.
1. The main point of the
...that's a very nice surprise.
What about secondary lines?
Denny Strigl says:
Now, we’ll not only give you a phone for free
every two years. Customers with only a
$49.99 price plan can upgrade their primary
line handset after just 12 months for the then
current promotional price and conditions.
What about secondary lines? Do we not matter?
P.S. Merits Customers can already upgrade the primary line handset after a year
Obviously Verizon is doing this drive revenue, but not in the way that everyone thinks. Strigl knows that the other carriers are going to have to play catch-up with this (Cingular is already doing it), but that's exactly what he wants.
Right now, VZW has a port-in rate of about 2:1 with most carriers (even higher with Sprint/Nextel). That means for every customer who leaves Verizon for another carrier, two customers leave their carrier for Verizon. So when everyone has cheaper termination fees we create more motion, because it becomes easier to switch carriers.
The ratios will basically stay at 2:1, bu...
This is yet another (admirable) ploy or marketing scheme from VZW. Their churn is the lowest, there's no way in he*l they're gonna' loose anybody so why not add MORE reasons for ...
Move the kit/inventory
Does anyone see cell phone form factor nano-particle Li-Ion batteries on the horizon?
See the 36V DeWalt and the 28V Milwaukee power tools, for example. Do a google search for A123, and you might see some info on Motorola, Qualcomm, and others providing them funding.
I would not mind seeing a ramp-up of this new technology Li-Ion battery for safety and convenience. Supposedly, they are more shock resistant and charge much faster.
The only thing that is new is the prorated etf
Except the free phone every two years is still as misleading as it ever was. The 100 credit has actually been reduced to 50 dollars for any line under 70 bucks and it still doesn't apply to share lines.
All I have to say is...
Now if only other carriers could do the same...
Backing Up/Restoring Contacts Online for Free?
be prepared for
Some of my few issues with Verizon are being addressed. It seems like they're listening to what customers are saying.
In addition, it's encouraging to see them taking some steps in the right direction with technology, like the new flash-based UI and quality products like the Motorola Q, Palm 700p and the LG VX8300.
Props, Verizon. Let's see a good follow-through of this promise.
"That's what industry leaders do"