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skeechan
Ai Otsukaholic
Premium
join:2012-01-26
AA169|170
kudos:2
Reviews:
·Cox HSI
·Clear Wireless

2 edits

$65 for 15/5? $55 for 3Mb? Ouch, way overpriced IMO

Seems overpriced to me compared to their larger MSO competitors. Cox in my neck of the woods does 25/2 for that $65. I would have figured that the 15/2 would be the go to standard $50 deal. And $55 for 3Mb? So much for competition bringing down rates. Verizon execs weren't too happy with FiOS adoption rates before and they shouldn't expect it to be any better now.

Price is king and they can raise speeds all they want but it is triple play promos that will get them subscribers. VZ does triple play for $95 for 2 years with the 15/5 plan. Given these prices that is basic cable + HD + unlimited calling for an additional $30 and you get a $250 Visa gift card.

These non-promo prices from Verizon are absurdly high.
openbox9
Premium
join:2004-01-26
japan
kudos:2

Re: $65 for 15/5? $55 for 3Mb? Ouch, way overpriced IMO

said by skeechan:

Price is king and they can raise speeds all they want but it is triple play promos that will get them subscribers.

Bingo. And that's what VZ wants. It wants to lock in long-term subs with at least TV service. Triple play is the cherry on the sundae.
xenophon

join:2007-09-17

Re: $65 for 15/5? $55 for 3Mb? Ouch, way overpriced IMO

As long as there is no competition, VZ will charge what they want.

Am looking forward to Google fiber in my area. Expected to be under $100/month for 1G and 100/100Mbps could be as low as $50/month.
openbox9
Premium
join:2004-01-26
japan
kudos:2

Re: $65 for 15/5? $55 for 3Mb? Ouch, way overpriced IMO

Verizon does have limited competition, but yes, VZ has learned that it can charge a premium for its services. It has done so on the mobile wireless side and is now doing so on the wired and fixed wireless sides as well. Can't really blame VZ if people are willing to pay the higher price.

GlennAllen
Sunny with highs in the 80s

join:2002-11-17
Richmond, VA

Re: $65 for 15/5? $55 for 3Mb? Ouch, way overpriced IMO

The value related to residential broadband, however, is not higher speeds; it's providing something close to the promised (provisioned) speeds--which for the most part cable handles just as well as Verizon. Frankly, anything over 15/5 is barely distinguishable from 15/5 in real-time. Providing higher speeds doesn't increase customer satisfaction because the customer doesn't really notice any difference. All they notice is that their bill is higher.
openbox9
Premium
join:2004-01-26
japan
kudos:2

Re: $65 for 15/5? $55 for 3Mb? Ouch, way overpriced IMO

said by GlennAllen:

Providing higher speeds doesn't increase customer satisfaction because the customer doesn't really notice any difference.

Of course not, but it's a marketing gimmick that many ISPs have been employing for quite some time now...and it works for a lot of consumers. After all, "more is better", right? "Supersize me!"

skeechan
Ai Otsukaholic
Premium
join:2012-01-26
AA169|170
kudos:2
Reviews:
·Cox HSI
·Clear Wireless
I don't think too many subs would complain about a 2 year deal at $95 along with the gift card or think that is too high. That is a very competitive price, especially for such a long term. Cox offers $75 but for only 6 months then the price rockets to $145-$150/mo.
openbox9
Premium
join:2004-01-26
japan
kudos:2

Re: $65 for 15/5? $55 for 3Mb? Ouch, way overpriced IMO

said by skeechan:

I don't think too many subs would complain about a 2 year deal at $95 along with the gift card or think that is too high.

That's kind of my point. Entice consumers, lock them in contracts, provide excellent service, and then retain them beyond their contract periods at higher rates.

dvd536
as Mr. Pink as they come
Premium
join:2001-04-27
Phoenix, AZ
kudos:4
said by skeechan:

Given these prices that is basic cable + HD + unlimited calling for an additional $30 and you get a $250 Visa gift card.

Ahhhhhh I remember all too well that AMEX giftcard I NEVER GOT FROM CV!

course there were those TVs that people didn't get from VZ either.

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