According to comparison website finder.com.au, 10% of mobile users say it’s too much hassle to change providers and a further 6% find comparing their options too confusing.
But, according to finder, many mobile users stick with the same mobile phone provider when they could be switching and getting a better deal – or even a better deal with their current provider.
Finder says that the average Aussie has been with the same telco for 6.5 years, with only one-third (38%) switching providers in the last three years, while a further 14% have been with their telco for 4-5 years and 26% haven’t switched for 6-10 years.
Combined, that’s almost two in three (62%) Aussies who have been with the same provider for at least four years, finder says.
Angus Kidman, editor-in-chief at finder.com.au, says Aussies forget that loyalty rarely pays off.
“A decade ago amaysim, Kogan and Aldi Mobile weren’t even players in the market. In 2018, there are over 30 brands to choose from and plans are becoming much cheaper every year,” he says.
“Just five years ago a 3GB plan was $39.90 and now you can get 20GB for just $50 a month. Most plans come with unlimited calls and texts in Australia, so data and international call inclusions are the key features to pay attention to. It’s never been easier to compare plan value.
“Baby Boomers are the most likely to be loyal, admitting they’ve been with the same telco for 8.4 years, compared to Gen X (7 years) and Gen Y (5.5 years).
“It’s no surprise that many Aussies stick with what they know as switching providers is often considered a hassle. We’re creatures of habit and if ain’t broke, why fix it?”
The survey of 2306 mobile users shows 47% have stayed faithful because they are happy with their provider while 23% haven’t switched because they’re on a good deal.
“Even if you’re happy, it’s well worth comparing and checking. With an average 6.5-year span with a telco, there’s going to be plenty of Aussies sitting on what they think is a 'good’ deal when in fact their own telco is already offering superior value if only they’d actually ask,” Kidman says.
“What many Aussies don’t realise is that all the smaller players run on the big networks such as Telstra, Optus and Vodafone. So if you’re with one of these telcos because it has the best coverage in your area, you could switch to a cheaper provider which uses the same network.”
“For example, if you want to stay on the Telstra network, you can switch to Aldi, Woolworths or Boost.”