Walmart remains the top Prepaid cell phone retailer

LOUISVILLE, March 28, 2012 – The Stevenson Company, a leading provider of consumer data and market research , has released the findings of its most recent  TraQline Wireless report, a survey of hundreds of thousands of consumers that measures their purchases of wireless phones and wireless phone accessories for carriers, retailers, and brands.

Smartphones are gaining share at a rapid rate in both Prepaid and postpaid, and now represent more than 50 percent of all phone purchases.  In Prepaid, smartphones represent 29 percent of all sales, compared to five percent just three years ago.  Postpaid shows a gain of 310 bps from 2009 to 2011, bringing its smartphone penetration to 63 percent.  As a percentage of total cell phone purchases, Prepaid purchases have increased 370 bps from 2009-2011, and now represent 17 percent of total cell phone purchases. Walmart remains the top Prepaid cell phone retailer with 25 percent market share, and Prepaid accounting for 68 percent of their cell phone sales.

For cell phone carrier stores, the mix of cell phone sales that are Prepaid was flat year over year. For the top two Prepaid brands, Samsung and LG, both experienced significant gains in unit share year over year.

Other 2011 TraQline Wireless findings include:

  •  Best Buy and Amazon are experiencing large gains in Prepaid
  • 50 percent of cell phone purchasers shop online before making their purchase
    • Shopping online includes comparing prices, features and benefits, looking for promotions or sales, basic product research and reading consumer reviews
  • Features are the number one reason a consumer purchases a given cell phone brand, followed by competitive price and brand loyalty
    • Features are more important to Prepaid phone purchasers than Post Paid

“Opportunities exist in both the Prepaid and postpaid market, but the upswing in Prepaid purchases and smartphone proliferation opens up a market opportunity for retailers and manufacturers alike,” said Eric Voyer, vice president of The Stevenson Company. “Our findings suggest a continued demand for Prepaid options, with handset features playing a critical factor in the purchase decision. As consumers begin to rely on their wireless devices more, retailers and manufacturers have to adapt to shifting preferences to remain competitive and retain and grow market share.”

 

This article has been referenced in the following sources:

Smart Phones Make Big Gains in PrePaid GigaOM
Latest TraQline Wireless Report Shows Significant Growth in Smart Phones and PrePaid The Lane Report
Latest TraQline Wireless Report Shows Significant Growth in Smart Phones and PrePaid TMCnet
Latest TraQline Wireless Report Shows Significant Growth in Smart Phones and PrePaid Digital Journal
Latest TraQline Wireless Report Shows Significant Growth in Smart Phones and PrePaid Payments Market
Latest TraQline Wireless Report Shows Significant Growth in Smart Phones and PrePaid Yahoo News
The pre-paid smartphone world you never hear about is booming IT World
Research shows almost a third of US prepay sales are smartphones The Fonecast
Prepaid Smartphone Demand On the Rise in the US Gizmo Crave
Latest TraQline Wireless Report Shows Significant Growth in Smart Phones and PrePaid Payments 101
Latest TraQline Wireless Report Shows Significant Growth in Smart Phones and PrePaid Bay Pay Forum
Latest TraQline Wireless Report Shows Significant Growth in Smart Phones and PrePaid Computers & Technology
New Report shows growth in smart phones, prepaid sellingprepaid.com
The Stevenson Company Announces Latest Wireless Report: Shows Significant Growth in Smartphones and Prepaid PrepaidPress
Latest TraQline Wireless Report Shows Significant Growth in Smart Phones and PrePaid Mobiles Aplication
New Report shows growth in smart phones, prepaid The Green Sheet
 

One Response to The Stevenson Company’s Latest TraQline Wireless Report Shows Significant Growth in Smartphones and Prepaid

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