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Last week, I talked about Vonage's plan to lower the price to stay in competition with other VOIP providers such as iTalkBB. Today, Wall Street Journal reports Vonage (VG) as one of the top losers for the past financial quarter. Vonage's stock has dropped continuously from $7.89 a year ago to recent under dollar range ($0.89). Vonage's plan, compared to iTalkBB, is higher in price and poorer in feature. IMHO, Vonage can survive to today is mainly due to its aggressive commercial campaigns in mainstream media (TV, news paper, etc.). However, this adds to the cost overhead, making Vonage unable to compete with other Voip providers in price. On the other hand, iTalkBB uses low cost advertising (mainly online advertisement combined with referral program), so as to gain an edge on the price.
Interested in learning more about iTalkBB? Read more posts on this blog. Use promotion code 953110 to sign up with iTalkBB, you get $10 off.
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1 comment:
It is likely that between this mess and the Sunrocket melt down – many people will be scared off by any VoIP services provider and so stem this likely erosion, service providers will undoubtedly begin to come up with great deals. I for one, am glad. I want to switch to a company that I feel won’t go under and I found an unadvertised special from Net2Phone that seems good. 3 months free and then $19.95 per month thereafter. They seem to be one of the first to have been in this market (for 12 years) and they are well funded by IDT. Anyone have any experience with them?
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