Jitterbug Phone Reviews – Prediction on the Jitterbug Phone Review Market Share
How will the recent decrease in price of the Jitterbug Phone affect it’s market share
As you may have already heard, the Jitterbug J Phone was recently decreased in price to $99, down from $147, a significant decrease and effectively opening up the phone to a whole additional price point. How will this affect its market share?
The market share of the Jitterbug Phone will increase by 20 – 30%
In my opinion, by decreasing the price by a third the company should see sales growth of about the same. Now there is no way to be sure, but I think it is safe to say that a 30% growth in phones is not excessive. This could prove to be huge for the company and future investments. By decreasing the price point of the phone, they increase the reliance on continuing phone plans to support the revenue stream. And what this shows is that they are confident in their plans and service, so confident in fact, that they are willing to, in effect, defer that revenue stream forward to developing relationships with their customers and building a solid business on good business practices.
This says a lot about the company and what they are setting out for in their future product development and customer relations development. They are willing to give up money now, because they know that the customers will be happy and stick around. Find out more about this at the Jitterbug website.
