Cheaper cable is just a phone call away

With so many streaming video alternatives available, it’s never been easier to say no to cable.

Why pay for cable when SlingTV or Playstation Vue can provide packages for only $25 to $45 a month? It may be “no frills,” but instead of quantity, consumers can go for quality by creating the perfect customized streaming service solution.

But maybe you’re not quite ready to cut the cord yet. Perhaps your rate is bundled with your internet and/or phone service or you’re happy with your cable package.

According to a Consumer Reports survey, cable companies are nonetheless losing market share to consumers who are switching to streaming services. That adds up to lots of leverage you can use to negotiate a better deal.

That’s right, it can literally pay to haggle. Consumer Reports said 70% of respondents with a bundled cable plan who tried to negotiate a better deal were successful.

Pick up the phone and ask. You may be surprised by the results. What do you have to lose?

Here’s a look at what a little negotiation delivered those Consumer Reports survey respondents.

  • New promotional rate (exclusively for new customers) was applied: 32%
  • Monthly rates were reduced up to $50 a month: 24%
  • Companies tossed in additional premium channels for free: 14%
  • Broadband speed increased: 12%
  • Original promotional rate was extended: 11%
  • Monthly price was slashed by more than $50 a month: 7%
  • Received more regular TV channels: 5%
  • Activation fee was waived: 5%

 

Myriam DiGiovanni

Myriam DiGiovanni

After writing for Credit Union Times and The Financial Brand, Myriam DiGiovanni covers financial literacy for FinancialFeed. She is also a storytelling expert and works with credit unions to help ... Web: www.financialfeed.com Details

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