Chances are that in the last year, you’ve either thought about cutting the cord with your cable company, or you’ve gone ahead and done it. An estimated 1.7 million households eliminated their cable bills in 2016 and that number is expected to be beat by the end of 2017. It’s easy to question the necessity of cable with streaming services such as Netflix, Hulu and Amazon Prime offering convenient and high-quality entertainment at a much lower monthly rate.
3 Top Reasons Homeowners Cut the Cable Cord
If you are reading this, you are probably subscribed to at least one of the above-mentioned streaming services. What made you subscribe? There was probably a TV show that all your friends were talking about and you couldn’t stand to be left out. Shows like Orange is the New Black, Transparent, and House of Cards are all critically acclaimed and winners of some of television’s most prestigious awards.
If you disagree with the quality of entertainment available with streaming services, you cannot argue the convenience. Can you tap into your cable service from anywhere in the world on any device? Probably not, despite some cable companies’ best efforts to make their services more mobile. Most cable providers who offer the ability to watch TV outside of the household typically make doing so very difficult.
Maybe you are happy with your cable provider but couldn’t resist checking out all the hype surrounding Netflix. And why should you resist when the cost is only $8.99/month? Most cable subscribers are paying over $100 per month.
As we continue to watch the number of cable cutters increase, we are also seeing a brand-new trend: the number of households being formed that never subscribe to cable. You guessed it, this trend is being led by millennials. As a generation, millennials value convenience even above costs. In fact, recent surveys have shown that millennials are choosing not to subscribe to cable due to the flexibility of streaming and not even because of the lower cost.
Cable companies are actively trying to fight back with better technology and “skinnier” cable packages. Can cable companies find a way to attract or retain customers looking for more convenience and quality at lower costs? Sounds to us like they have their work cut out for them.
If you think you are ready to cut the cable cord, give us a call at 704.450.4401! We can help you get there!