Bundling internet and streaming services has always been a thing for many years as it is believed to give you a better deal and save you money. However, many people do not understand that bundling services also come with a price, especially if they don’t know how it works. For example, many people commit the mistake of bundling two services but only using one. Not only are they not getting the most out of their bundled service, but they also are wasting their money.
In this article, we’ll help you understand what bundling is, the pros and cons of bundling, and tips on how to make the most out of your bundled service.
What Is Bundling?
Bundling is a method many companies use to combine several products or services together in a single package, usually for a more affordable price than what the consumers will pay when availing of the services individually. Other companies may take it up a notch by adding freebies like gift card vouchers, free subscriptions to specific streaming services, and more.
Pros and Cons of Bundling
While bundling is often a good idea for many, it also shares fair disadvantages with many people that don’t know how to utilize it correctly. Here’s a quick overview of its pros and cons.
You actually save money.
Service providers will not offer their consumers bundled packages that are equal to or more than what people will pay for buying the items individually. Instead, they will give you better value for your money. You will notice this in many major providers, like Charter Spectrum, Verizon, and the like.
You get access to exclusive offers, promos, and discounts.
Given that you are paying more than individual-service customers, most providers will give you opportunities to avail of exclusive discounts and promos.
You have more flexibility and convenience.
Paying many bills every month can be tiresome, especially if you have too many things on your hands. With a bundled service, you only need to pay for two or more services with only one bill.
You still pay for more.
The most important thing that you have to know when bundling is that you still pay for more. So, it’s essential to know how to make the most out of bundling your services.
You will likely be tied to a long-term contract.
Of course, the telecom provider will have a safety net, and that’s their one-year or two-year contracts. It will be disclosed by your provider during the contract signing. You can opt to leave early, but you’ll face hefty early termination fees as well.
You can do nothing about price hikes.
Price hikes are common with bundled internet and streaming service. If you’re not up for it, then it might be best to skip bundling at all.
5 Tips on How to Bundle Your Internet and Streaming Services
Now that you’ve understood what bundling is and what are its pros and cons, we’ll dive into how you can bundle your internet and streaming service while making the most out of it.
Choose the services you only need.
We understand the temptation to bundle various services because you think you’re getting the most out of your money. However, it’s important to choose the services you only need. For example, you need an internet plan and a TV streaming plan. It’s best to choose a provider that offers both like DISH TV, one of the leading companies in the field.
Keep an eye out for price hikes.
As mentioned above, second-year price hikes are common with bundled services. You can do the math yourself, or you can ask your internet provider. Friendly note, it will surprise you. So, it might be best to choose a provider with a cheaper price hike or none at all.
Customize your bundles.
When bundling, you should consider providers that allow their customers to customize their packages. For example, Sling TV allows you to choose your streaming service plan, its add-ons, and your desired internet plan. This way, you can ensure that you are not paying for what you don’t need, as it is just a waste of money.
Look into trusted service providers.
It’s always ideal to work with prominent companies in the industry, as it can guarantee quality service while actually giving you what you’re paying for. If you’re on a budget, most telecom companies offer affordable bundled plans. You just have to be patient in researching and comparing.
Don’t bundle services you won’t use.
This is a common mistake people usually commit. And we’re here to remind you not to do it. Don’t be tempted to bundle different services you don’t need and won’t use — you’re just going to waste your money paying for it. Remember, you are still paying more even with bundling.
Bundling internet and streaming services can be tricky, especially if you’re having trouble controlling your expenses. That’s why before doing it, it’s important to make sure that you only pay for what you need. Now that you have a better understanding of bundling and how to make the most out of it, you have no reason to commit different mistakes that puts you at a disadvantage. Bundle responsibly!