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Telecom
Telecom
Price factor is a prime determinant to identify the consumer satisfaction and loyalty in telecommunication
service sector. Price or worth for money denotes the monetary benefits consumer acquires by subscribing a
mobile network. Price is a sum of money accused for product or service consumption (Kotler and Armstrong,
2010). Customer wellbeing has emerged due to the market liberalization and increased competition, since
customers get benefited from intense competition in terms of price fairness and service offerings (Corrocher
and Lasio, 2013). Most of the mobile operators enter the market segment targeting the low-cost price
strategies. Pricing is one of the leading factors affecting consumer satisfaction in every organization which
forms the competitive advantages (Chakraborty and Sengupta, 2014). Mobile operating services are unique
service and customers are willing to pay for this service only when they become satisfied. Therefore, they
would continue to stay with this existing operator, otherwise, in reverse.
Network:
Network quality is considered as the trigger to competitive advantages of telecommunication industry, as it
cares to attract and retain the customer. Researchers have identified the association between network service
quality and its consequences on customer satisfaction.
pointed that due to low quality of network, consumers become dissatisfied which lead them to switch other
network operators. Additionally, poor network superiority tends to lower customer satisfaction toward the
mobile service operator, thus it causes increased number of customer complaints
Internet of Things:
In simple terms, the internet of things is the name that has been given to the entire spectrum
of devices which are connected to the internet, and/or to each other and can be switched on or
off. These devices include the obvious things, such as mobile phones, computers, wearable
fitness devices, smartwatches and tablets; but also, may include devices like lamps & light
fittings, washing machines, fridges, cars, door locks and even furniture, but to name a few. In
reality, these devices could be mostly anything you can think of.
The idea of IoT (Internet of Things) is to allow devices to connect, respond, adapt and
influence one an another, with the purpose of making our lives easier and more convenient