this post was submitted on 19 Jan 2024
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The point is that it's extremely common practice to call your ISP and tell them you're cancelling so they'll send you to Retentions and you can get a few more months at "50% off" (a reasonable price). This would be included in those "3/4 people stay", but those were never actually going to cancel anyway, they only say they are so they don't have to pay the insanely inflated sticker price.
Yep that’s Comcast. You have to call annually and threaten to cancel to get a semi reasonable price for cable and/or internet.
If a company does that, they are teaching customers that the original piece is too high and that you can always haggle for a lower one. Is this really what they wanted? Sounds like this could hurt your business.
I think they know the original price is bad but also that there's a significant chunk of people who either don't care or will forget to call in about a price reduction. They've probably figured out a fairly reliable figure as to what percent of their customers will or won't haggle and run revenue projections off of that.