After you've chosen a mobile phone contract provider, the hard work begins. The negotiation process is probably one of the most tedious parts of the process. However, it needs to be done, and done properly as well. Take this as an opportunity you shouldn't miss. If you don't take negotiations seriously, you might end up with a mobile phone plan with terms you don't agree to, or a payment scheme that your budget can't afford.
Not everyone is a good negotiator. However, even if you don't have the skills for it, you can at least try to talk it out with your provider as much as possible. If you're having trouble, here are some handy tips you can use to veer the situation into more favorable territory.
Offering Upfront Deposit
So you want that new Samsung Smartphone that was just released last week. However, with your poor credit rating, the chances of getting it are almost nil. Don't worry, because proper negotiation can make the impossible possible. You simply need to put yourself into the provider's shoes.
You have a bad credit rating, meaning you once ran away from a financial responsibility. The provider is only worried that you'll do the same, which means a loss on their part. You need to lessen the risk of losses. You can do this by offering an upfront payment. This means you pay a fixed amount as down-payment for the handset of your choice. Most of the time, providers will budge once you offer to pay deposit.
Paying an upfront deposit is not the only way to lessen the risk for your provider. You can also use something as collateral for more security. Of course, you can't use something as grand as your house or car for this. However, you can ask a friend or relative to sign the contract as well as a co-signee or guarantor. As guarantor, they will assume the responsibility of paying your monthly bills if you can't.
If there's a particular handset that's out of your reach, you can choose to take the slow and patient route of upgrading. Start with something small, like a really old handset or even a SIM-only plan. Then negotiate terms with your provider to allow you upgrades and trade-ins after a few months of flawless, on time payments. With each month that you pay on time, their trust in you grows. After a few months, you can upgrade or trade-in your old handset for the handset you want.
If you feel like the terms are still out of your reach and you're worried you won't be able to make the necessary monthly payments, try mentioning competitors. Remember, here at LWRC Phones, we give you a list of more than one match. Use this information to your advantage and try to drop the names of other competitors. It's amazing how a line like “but this provider offered me this” can change things for you. This doesn't work every time, but there's nothing wrong with trying it out.