When it comes to choosing a mobile phone there can be a dizzying array of options, which can be made even more complicated when you have to factor in what you want your phone to do. Long gone are the days where a phone was simply there to make and receive calls.
Once you have decided on the phone you want, you then have to try and find the best deal when it comes to contracts. No easy task if you’re not an expert, or don’t have enough time to wade through all the different tariffs. If you also have to factor in a number of phones to meet the needs of any staff you want to remain connected, prices can soon mount up.
Here at Diamond Solutions we have seen an increasing number of businesses opt for SIM-only deals, rather than renewing their contracts at the end of the two years. For many, this can be a really cost effective approach to getting what you want out of your phone.
Technology is always moving on, but sometimes not by much
One of the best things about having a mobile contract is the fact it allows you to have immediate access to the latest gadget. This is great if it’s something you actually need; however, many people are finding the phone they picked two years ago is still serving all their business needs today. In a world where bottom lines are more important than status symbols, the need to have the most up to date version of something just so you can keep up with the Jones’ simply doesn’t exist.
If you are used to your phone and it’s suitably functional for your requirements, why add extra cost to your balance sheet each month by paying for a mobile phone contract? This is definitely true if you are paying for multiple phones for your staff.
Why SIM-only is cheaper
When they sign up to a new mobile contract many people assume they are getting a free phone. This is primarily because they don’t pay anything up front for the phone, they simply sign up for a two year deal with a provider, and are handed a shiny new toy. Of course, that’s not entirely the case.
The cost of your phone, whether that be £300 or £600 is spread over the duration of your contract and combined with the cost of your actual usage. This means you are paying instalments to cover the cost of your phone each month. It might not seem like a lot, but by the end of two years those costs will all mount up.
Consider if you pay £50 per month on your contract. This could be made up of £15 towards your actual network requirements, and £35 for the phone itself. If, after two years, you have made all your payments, the phone becomes yours. If the phone remains suitable, you could simply opt for SIM-only and reduce your payments to the £15pm instead.
That’s a saving of £420 per year.
Speak to the experts
Knowing what to go for can be difficult, which is why it’s always best to speak to someone who understands the market. We specialise in helping businesses access the right deals, tariffs, networks and contracts for them and are always happy to help.
Why not give us a call today on 0330 400 4455 to discuss your options and requirements? We can guide you through the maze and find the diamond solution for you.