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60% Want Customized Data Plans, 50% Want to Be Able to Buy Data on Mobile Phones - Strategy Analytics

60% Want Customized Data Plans, 50% Want to Be Able to Buy Data on Mobile Phones - Strategy Analytics Credit: Strategy Analytics
Do mobile users really want customized services? As a service provider's data products move towards maturity, the next natural step is to create more flexible and customized products that allow customers to build their own packages. The most recent news on this trend is Virgin Mobile announcing the launch of their Virgin Mobile Custom™ Plans which allow customers to choose between various voice minutes, SMSs, devices and data 'packs' without recurring commitments.
According to Strategy Analytics, its “Consumers Interested in New Mobile Data Plan Options” survey showed that 60% of mobile phone users do want customization while 50% expressed interest in having the ability to buy data on their mobile devices. The survey, which used the inputs from more than 500 mobile phone users across China, France, Germany, Spain, the UK and the USA also showed slight differences between these different markets in terms of user preferences for customization and flexibility.
Among the highlights of the findings includes China having the highest percentage (74%) in terms of preference for customization and also in terms of having a plan option for unlimited social network access (62%). Other highlights include the preference for continuing the use of data service at lower speeds when quota is reached, as observed among users in France and Spain and 
  • interest among Spanish users (45%) to select plans based on minutes of browsing, video and music rather than a bucket of MB or GB.

"Mobile operators are focused on monetizing their data traffic, and developing new pricing options based on a better understanding of consumer interests and segments is an essential element for driving new revenues."

-  Susan Welsh de Grimaldo, Director, Wireless Operator Strategies  

 "Our results show that the self-service dashboard, where users can check their data usage in real-time, is the best channel to upsell additional data bundles. It is a subtler way to get users on board as they look to balance data needs against avoiding excessive overage charges."

-   Phil Kendall, Executive Director, Wireless Operator Strategies  

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Author

Executive Editor and Telecoms Strategist at The Fast Mode | 5G | IoT/M2M | Telecom Strategy | Mobile Service Innovations 

Tara Neal heads the strategy & editorial unit at The Fast Mode, focusing on latest technologies such as gigabit broadband, 5G, cloud-native networking, edge computing, virtualization, software-defined networking and network automation as well as broader telco segments such as IoT/M2M, CX, OTT services and network security. Tara holds a First Class Honours in BSc Accounting and Finance from The London School of Economics, UK and is a CFA charterholder from the CFA Institute, United States. Tara has over 22 years of experience in technology and business strategy, and has earlier served as project director for technology and economic development projects in various management consulting firms.

Follow Tara Neal on Twitter @taraneal11, LinkedIn @taraneal11, Facebook or email her at tara.neal@thefastmode.com.

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