Installment Plan for Mobile Phones: A new strategy for mobile retailers

StaffLast Updated: Jan 30, 2016

2 minutes read

Installment Plan for Mobile Phones: A new strategy for mobile retailers

The mobile industry kept on changing ever since the very first mobile came in to being. The major players of mobile industry always had a positive attitude towards changes and new tendencies. These industry players created many possibilities for the growth of the market and they are well aware that the industry is moving in a completely new direction. Installment plan for mobile phone is one of the new business strategy for mobile retailers to offer mobile phones with installments.

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Mobile industry is facing a cut-throat competition and people are finding new ways of promoting their business. Online mobile business is already doing well in Pakistan; Phone World Team has come across a very interesting and unique promotional tactics of selling mobile phones, which will allow customers to get cell phone with installments.

Phone World Team thinks that this sale strategy will work and will easily convince potential customers.

This trend is not new for the world, but Afzal Electronics took an initiative and made a move by offering an installment plan for mobiles phones in Pakistan. Afzal Electronics has been developing a trend where customers can easily get a cellphone of their choice with a minimal payment.

Procedure of Installment Plan:

There are different plans, ranging from 6months – 1 Year.
Customer has to give a postdated full payment cheque to the company.
A stamp paper of PKR 300 must be signed by the customer.
Verification team will visit the customer’s address or office.
The Handset will be delivered to customer within 24-48 hours.

Afzal Electronics has recently stepped in this business having their head quarter in Lahore.

For the time being they are focusing on Nokia Asha series and Qmobile only, but the company also plans to add more brands in its range. Though we don’t have much detail of its future plans, but we’re pretty sure that we’re going to get a whole lot more!

NOTE:
Phone World is a forum that provides the information – We do not offer the installment service.
Kindly contact the number mentioned in the article