republican-creole
Search:  

 
 
   All ForumsHot TopicsGallery






how-to block ads


 
Forums » Comcast Raises Rates in Face of FiOS » No Understanding of Business
Search Topic:
Share Topic:
RSS topic:
toggle:
flat / full
normal / watch
Post a:
Post a:
Comcast has to make up for lost revenue somehow... »
« What a surprise  
AuthorAll Replies


GOLFnSUN
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast

reply to chemaupr
Re: No Understanding of Business

said by chemaupr See Profile :

You do not charge the HIGHEST price you can before loosing customers. That is when you are suppose to start gaining the good faith of your customers. They are just arrogant and do not see Fios as a real threat.
Actually, that is exactly what you do in a capitalist system. And if enough people start moving to Verizon, then Comcast will drop their rates.
--
--
My BLOG
My Web Page


pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD
·Comcast

said by GOLFnSUN See Profile :

And if enough people start moving to Verizon, then Comcast will drop their rates.
... or if enough people leave Comcast without moving to Verizon (or whoever else provides TV service).
--
Only SHATNER is Kirk.


richardpor
Fur it up

join:2003-04-19
Portland, OR
reply to GOLFnSUN
Or I drop a tier. People seem to forget energy prices are on teh rise. This should be expected.


scrummie02
Bentley

join:2004-04-16
Arlington, VA
reply to GOLFnSUN
well what did you expect....look who posted the story....


Titus Pullo
I came, I saw, I slept

join:2004-06-26
·Embarq

reply to GOLFnSUN
said by GOLFnSUN See Profile :

said by chemaupr See Profile :

You do not charge the HIGHEST price you can before loosing customers. That is when you are suppose to start gaining the good faith of your customers. They are just arrogant and do not see Fios as a real threat.
Actually, that is exactly what you do in a capitalist system. And if enough people start moving to Verizon, then Comcast will drop their rates.
In a pseudo competitive market, yes, you can charge what that market will tolerate, no matter how high. But in the real world it can, and usually does, work the other way. Example: Embarq DSL in my area dropped rates slightly when taking over for Sprint, but nothing exciting enough to entice cable HSI customers away from the numbness of their bundled and packaged Adelphia air supply.

Not too long ago, Adelphia experienced area-wide problems lasting a couple of weeks or so that were frustrating for both customers and technicians alike -- people were told to purchase new routers, service trucks were dispatched with new modems, etc, when the problem from day one was on the WAN side.

In any event, the problem made the papers and the local TV news. Comcast first blamed it on the transition but later admitted a 'glitch' and customers who had a choice and that were of a mind left for Embarq DSL service (I'm one).

Embarq DSL -- with nowhere near the coverage of Comcast here -- has a lightbulb moment and comes out with reduced rates for their 1500 tier ($25) for the first time EVER in this area, but waited well over a month later. The reduction was $10 (nearly 30%) from what the price was when I signed up during the Adelphia fiasco not that long before.

Meanwhile, I'd said 100 times that if any half decent HSI provider came along and undercut Adelphia they'd clean up. I think Embarq was a day late and a dollar short, but it illustrates how a truly competitive market should work.
However, life continued as usual: Comcast raised TV rates $3 on basic cable and went about their business of delivering whatever is it they deliver at the prices they know their market will bear.

One aside to the story is that developments are springing up all over the place in and around this area. One development I drive by is close to the road so I watched it from start to finish -- I watched them bury the cable lines and so on. Well, the people have moved in and it looks like a scene from a european movie with the satellite dishes hanging off nearly every other unit. Comcast's reasons for pricing may be, as another poster pointed out, not so cut & dried in every area, and *I think* customers are starting to tire of the constant rate hikes, and increasingly spotty service, that usually come in tandem with the growth of a business through acquisition.
--
"I am not young enough to know everything."
Oscar Wilde


PolarBear
The bear formerly known as aaron8301
Premium
join:2005-01-03
·CableOne

said by Titus Pullo See Profile :

Well, the people have moved in and it looks like a scene from a European movie with the satellite dishes hanging off nearly every other unit.
Yup. You would be amazed at not only how many houses I have installed Dish/DirecTV on inside a major city with Comcast's triple play available, but also at how many apartments!
--
"I invented it, Bill made it famous." --David Bradley, the inventor of Ctrl+Alt+Del.


thender2
Glamour Profession
Premium
join:2004-05-16
Staten Island, NY


1 edit
reply to GOLFnSUN
said by GOLFnSUN See Profile :

said by chemaupr See Profile :

You do not charge the HIGHEST price you can before loosing customers. That is when you are suppose to start gaining the good faith of your customers. They are just arrogant and do not see Fios as a real threat.
Actually, that is exactly what you do in a capitalist system. And if enough people start moving to Verizon, then Comcast will drop their rates.
I agree.

People are idiots. 90% of the US can't spell fiber, much less say it out loud, and there's an even lesser chance they know offhand why they should care.

Perhaps I'm exaggerating, but that's how consumers are. No one cares about hi-fi equipment, they just want something to play music without loud pops. No one cares about HDTV, half the time they plug the composite video connector in when they're paying for HDTV, and can tell no difference.

Once there's an "in" reason for people to have a 50 mbps downstream, comcast will feel the pressure. But as long as the majority of their customers just use their service to web browse quicker and download a few files quicker, they're fine.
--
The Problem With Music.


Our Rationale


Time to rewrite the DMCA.


Titus Pullo
I came, I saw, I slept

join:2004-06-26
·Embarq

reply to PolarBear
said by PolarBear See Profile :

said by Titus Pullo See Profile :
Well, the people have moved in and it looks like a scene from a European movie with the satellite dishes hanging off nearly every other unit.
Yup. You would be amazed at not only how many houses I have installed Dish/DirecTV on inside a major city with Comcast's triple play available, but also at how many apartments!
It's plastic, it's drastic, it's spastic, it's C O M C A S T I C !!
--
"I am not young enough to know everything."
Oscar Wilde


PolarBear
The bear formerly known as aaron8301
Premium
join:2005-01-03
·CableOne

said by Titus Pullo See Profile :

It's plastic, it's drastic, it's spastic, it's C * * * * * * * * !!

Don't ever use that type of language in this forum again. Ever.
--
"I invented it, Bill made it famous." --David Bradley, the inventor of Ctrl+Alt+Del.


PolarBear
The bear formerly known as aaron8301
Premium
join:2005-01-03
·CableOne

reply to thender2
said by thender2 See Profile :

No one cares about HDTV, half the time they plug the composite video connector in when they're paying for HDTV, and can tell no difference.
More than half the time. I have seen this so many times on installs. It disgusts me.
--
"I invented it, Bill made it famous." --David Bradley, the inventor of Ctrl+Alt+Del.


n1zuk
My wood is stacked
Premium
join:2001-10-24
South Burlington, VT
·Future Nine Corpor..
·ViaTalk
·Comcast

reply to thender2
said by thender2 See Profile :

People are idiots. 90% of the US can't spell fiber, much less say it out loud, and there's an even lesser chance they know offhand why they should care.
Now, stop making things up, you fibber...
--
New to Forum Life? Click here and learn.
Forums » Comcast Raises Rates in Face of FiOSComcast has to make up for lost revenue somehow... »
« What a surprise  


Monday, 09-Nov 13:58:25 Terms of Use | Privacy Policy | Hosting by www.nac.net - DSL,Hosting & Co-lo | feedback | contact
over 10 years online! © 1999-2009 dslreports.com.republican-creole
page compression OFF
Most commented news this week
· [51] VoIP Over 3G Still Not Working For iPhone
· [22] Bill Would Force ISPs To Block Financial Scams
· [12] Mediacom Hints At 50, 100 Mbps Speeds
· [10] Clearwire To Get Another $1.5 Billion
· [5] 15 States Have Now Gotten Broadband Mapping Money
· [4] Verizon Keeps Swinging At AT&T
Most people now reading
· Divorce advice... [General Questions]
· 60 Minutes piece on cyber security last night [Security]
· Framed for child porn 151; by a PC virus [Security]
· My cat is reluctant to exercise. [General Questions]
· Blown out Ballasts [Home Repair & Improvement]
· 3.x Feral Druid - Bear Tanking Guide [World of Warcraft]
· [WIN7] Which Services in Win 7 Have You Turned Off? [Microsoft Help]
· Windows 7 boot manager editing questions [Microsoft Help]
· Connecting to Google Voice Via SIP [VOIP Tech Chat]
· Security Software Updates - 09 Nov 2009 [Security]