As we have discussed on this website many times before, pay as you go payment plans are becoming ever more popular. Vermillion are yet another vehicle tracking supplier which are now starting a pay as you go payment plan. The company which is based in Preston has decided to start a pay as you go payment plan to help increase their customer base.
By not having pay as you go or short term contracts as an option you considerably cut down the number of businesses you can sell you vehicle tracking products and services to.
The prices of vehicle tracking have come down and down over the past few years and many of the tracking suppliers are in a price war which sees no end in the near future. You can get vehicle tracking from many telematics companies for the price of a chocolate bar each day.
With the cost of this technology being so low and the benefits being so inviting the only thing that stands in the way of many companies investing in it is a 3 year contract. This long term commitment puts many companies off and therefore a three month contract on a pay as you go basis is much more attractive. Vermillion have woken up and smelt the coffee and are keen to sell tracking systems on this basis.
