Vodafone make more money from an existing customer than a new one. And its true about the insurance. I think it was only about 5% of people ever claim on their insurance. And they do make quite a bit of money on a handset they sell these days. They go on about how its so heavily subsidized, but they still make about £10 off a £30 phone. And thats not to mention the huge amount of money they make from text messaging
2 comments:
a friend was finance director for a well'ish known phone re-seller, mainly pay as you go.
they made / make NO money from selling handsets, money is made on the insurance you take out on them, which 40% of people forget to cancel.
they make 10 million a year profit.
check your bank statements!
(or start a company selling handsets ;-)
Vodafone make more money from an existing customer than a new one. And its true about the insurance. I think it was only about 5% of people ever claim on their insurance. And they do make quite a bit of money on a handset they sell these days. They go on about how its so heavily subsidized, but they still make about £10 off a £30 phone. And thats not to mention the huge amount of money they make from text messaging
Post a Comment