Selfie Expert and Leader, OPPO Mobile has today entered into a partnership with Lipa Later, a credit offering company to allow customers to purchase OPPO devices by installment as it aims to increase the sales and set foot in the Kenyan market.
The payment plan will allow customers to enjoy a 3.5 percent interest rate on purchase of OPPO F7, a drop from the initial 4 percent.
According to Jesse Wu, Brand Manager, OPPO Kenya, the new arrangement will have a great impact on OPPO F7 and all OPPO devices sales that currently is performing well in the market because of the quality and uniqueness of the device:
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“Since we launched OPPO F7 in May this year, there has been increased uptake of the device because of its unique features including 25 Megapixel and Artificial Intelligence capabilities as well as its 6.23-inch Super Full Screen, the largest in the market. We believe through this credit payment option; more customers will have an opportunity to access this great device thus boosting our revenue in sales.”
At the same time, Lipa later Claudine Gakundi, business development manager said: “We believe this partnership will give an opportunity to customers who would like to own a good smartphone and cannot pay upfront, but through installments. At Lipa later we guarantee full payment of your device as we give you an opportunity to pay without a hustle.”
OPPO is now confident that this partnership will increase sales of its products and accelerate smartphone mobile penetration into the country as Kenya is a strategic conduit in the Eastern African market.
The top tier mid-range Smartphone has a 25MP Artificial Intelligence selfie camera feature with 4GM RAM and 64GB ROM, and currently retails at Kshs. 35,990.
mbona ujiekelee loan ya kitu kama simu na sio asset, and by the time umalize kulipa utakua umelipa twice the market value na phone itakua imeshuka value yake didided by 2. na ukumbuke bado kuna risk ya kupoteza phone kabla umalize kulipa
Not really,the contracts make the phone mich cheaper than buying it outright. For example,currently Verizon has a Buy One Get One contract for the S9/S9+ for $799 paid over 24 months so long as you are on Verizon.Essentially you get an S9 for free and an S9+ at a much cheaper price as it currently goes for $900+ in most stores.
So it is Not the same thing.
Contract phones have no interest rates for example and unlike this program where the phone will be up to 40% more expensive, you get a phone at a CHEAPER price on contract as opposed to buying it directly from the store.
Locked to the network, also comes with set minimum usage per month, and extended contract period. Again, contract price higher than open market price if you know your way around.
Not really.Usually Verizon gives 8GB data, unlimited talk time and unlimited text at $70 a month, which is around the average the Americans use anyway.They would have spent the exact same amount with or without a network locking contract on voice and text but not internet(Internet varies because very few Americans use mobile broadband because they have home internet, free office Wifi, free starbucks wifi,free subway station wifi etc)So contracts actually make it cheaper when you factor in the 8GB data and the fact that Pay As You Go are at an all time high.Especially for AT&T.
So No.
They lock people into networks but they make sure that cheap device or not, the next cycle you are still with them by having cheap contracts.Basically phone companies in the US subsidize phone manufacturers . Especially Verizon and Sprint.
No developed nation has phone networks with Pay as You Go(or as you call them,open market) rates that are cheaper than contract rates!!! None!!That is a consensus that they seem to have, all of them.Verizon asks for $10 per GB on Pay as You Go(they call it MyGigs). Compare that to the 8GB for $70 plus unlimited text plus unlimited talktime.