Over
the last year, the industry witnessed a significant
shift of customers towards $10 ISPs, away from $20
ISP category. But the price pressures continue to
increase, and the shift continues to lower-priced
ISPs. As a result, a new market of $5-$6 ISPs is
emerging and companies are striving to provide value
within this category of “budget ISPs”.
550 Access is leading this shift in the trend and
endeavors to empower and educate consumers on cheaper
alternatives for dialup internet service
550 Access (www.550access.com), a Houston-based
dialup internet service provider, stands against
the internet service giants such as AOL, MSN etc.
and continues to gain ground. With its highly
aggressive price structure and optimized operations,
550 Access is challenging leading ISPs (Internet
Service Providers) to rethink their value proposition.
At the start of the Internet boom, ISP customers
tended to have higher-than-average household incomes.
But according to market research firm IDC, approximately
61% of households with annual income of under
$35,000 will be online by 2007, up from 21% as
of the end of 2002. With such growth in the segment
of highly price-sensitive customers, there's a
vibrant dial-up market blossoming as computer-users
flock to cheaper ISPs priced at $5-$6 per month.
550 Access has developed its strategy to cater
to this growing segment of price-conscious consumers.
With internet service at $5.50 for nationwide
connectivity, the company is definitely redefining
the ISP business. The recent coverage by PC World
(July 2003, November 2003) and Newsweek (August
2003) has recognized the company as one of the
leaders in the new and emerging $5-$6 ISP market.
The company is also fighting the popular misconceptions
against low-price ISPs. “Our biggest hurdle
in reaching out to customers has been the preset
notions of people which undermine our message”,
says Vivek Dave, President at 550 Access.
Most people associate a cheap dialup service
with incessant pop-ups, banner ads, time-outs,
low usage time, and so on. However, 550 Access
service is just the opposite of that. No banner
ads or pop-ups, excellent reliability, 150 hours
usage and free technical support.
Unlike any other company in this price category,
550 Access also offers a free browser that integrates
simplicity with efficiency and incorporates useful
tools such as privacy controls, pop-up blocking,
and shortcuts besides a good looking interface.
550 Access, striving to become the de facto leader
in offering a quality no frills internet service
in the new and emerging $5 - $6 dollar ISP market,
is inducing consumers all over US to ask the pertinent
question; as Dave puts it, “The question
is not why we are so cheap, but why are they so
expensive?”
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