July 23, 2024


Think spectacular technology

6 factors affecting the cost of mobile devices

What Factors Affect a Smartphone Price? (with pictures)

The cost of a mobile device is one of the most important factors that can influence our choice in purchasing a new phone. While there are other factors, such as the health concerns related to phones, it is an undeniable fact that a mobile device is one of the best things we can own. A mobile phone is more than just a communication device. With the introduction and release of a multitude of applications that are available for download from your device application store, you can enhance the functioning of your phone.

When purchasing a new device, it is important to shop around to make sure you get the best deal. By browsing mobile phone shop reviews from sites such as US-Reviews.com, you can read customer experience reviews of the various shops, whether online or in-store. There are advantages and disadvantages of both or these options, so be sure to do thorough research before making a final decision on where you will purchase your new mobile device.

There are many factors that could affect the price and affordability of a mobile phone, such as the brand, age of the phone, and whether the phone is on a contract or pay-as-you-go. Let’s look at the 6 factors that would affect the price of a device.

Reputable, well-known brands are more likely to charge premium prices for their devices. One way brands have tried to avoid this is by introducing medium and low range phones to their product list. By doing this, you can buy a more affordable device from a reputable brand.

Storage capacity:
Devices with a higher storage capacity and better graphics are more expensive than their low-range counterparts. A phone with 32GB of storage will cost almost half of what a device with 128GB storage capacity would.

Contract vs. Pay-as-you-go:
Purchasing a new phone outright will be a hefty upfront purchase. This often leads to people buying a lower-range device, as the more high-end devices can be upwards of a few thousand dollars. By taking out a contract with a service provider, customers can get a high-range device on a monthly payment plan.

Age of the phone:
Newer phones cost a lot more, as they are top of the line and have all the newest technologies available. Buying a slightly older model will cost you less. Buying a refurbished phone is also an option, as these are older devices with updated software and hardware.

Factors such as security settings vary from one device to another. Premium brands are often in battle to see who has the better security functions, and things like facial recognition and fingerprint scanners on your device can cost you more.

Mobile phones give you the freedom to work from absolutely anywhere. With advanced features on high-end devices such as email, internet and document suites, you have a portable office in the palm of your hand. This software would of course be available on a more expensive device rather than a budget one.