Much like real estate, the cable industry is on the brink of total disruption. Affordable streaming channels are leading to a decline in cable customers, so internet and data fees are increasing to make up for lost profits. If you’re paying too much, read on to learn how to save.
Bundle Your Services:
Many cable and Internet providers offer bundle packages, usually valid for any customer who has two or more services. Talk to customer service to find out about any savings options that are available to you. You may find that your high-cost Internet bills reduce significantly when you set up a package deal. If you work from home, you can also talk to your employer to see if they’d be willing to give you a monthly credit to help you reduce your monthly internet costs.
Threaten to Switch Providers:
At any given time, your cable and internet company has excellent promotions running that they use to capture new business. What you may not know is, sales reps also offer these discounts to existing customers considering canceling their service. Call customer service and let them know you’re planning on switching to another company. If possible, get information on a package or price point you found with another provider that saves you money and tell them what you plan to switch to. In many cases, the company will be willing to price match the promo you found or to throw in some extra services to keep your business.
Consider Alternative Services:
As we mentioned at the beginning of the post, a number of standalone services are now available for homeowners who love TV but are fed up with cable bills. Check out Hulu, Netflix, Amazon Video, Vudu or any number of specialty providers and combine your favorites to build a custom TV package. You’ll get to tons of on-demand content for a fraction of the cost of cable. The best part? Limited or no commercials!
You may not have as many options with internet service providers, but if there’s at least one other game in town, check out their promotions to see if you can lock in a better deal. At the very least, you may be able to use competitor pricing to negotiate a better deal with your existing provider.
Read Your Bills:
In some cases, the charges on your cable and Internet bills stem from unexpected sources. For example, your Internet provider might charge for the use of a provided wireless router as an equipment charge. In that situation, you may save on your monthly bills by purchasing a new router and returning the company’s router. You could also be charged for channels you didn’t purchase or that activated at a full monthly charge after a promotional period. Whatever the case, if you make an effort to review your monthly bill, you can make sure you’re getting what you want and you’re not paying for anything you don’t want.
A few questions, minor alterations to your current services or even a request for low-cost promotional services and options helps you cut back on the monthly expenses.