Impact Pricing

What You Need to Know About the Market of Mobile Virtual Network Operators with Magdalena Bay


Listen Later

Magdalena Bay has been working in business development for eight years now. She is an expert in the MVNO market, but outside of work, she loves spending time with her kids and showing her golden retrievers at dog shows.

In this episode, Magda educates us on how Mobile Virtual Network Operators (MVNOs) work, especially with how Mobile Network Operators (MNOs) and MVNOs price their offers.

 

Why you have to check out today’s podcast:

  • Learn what the MNO and MVNO are all about;
  • Understand how MNOs and MVNOs provide value to their customers; and
  • Find out how pricing works in the MVNO market

 

“You need to give time to your customers so they can adjust to the new models you are trying to introduce. And maybe, sometimes, the strategy that you're implementing won't work in the beginning, but if you just wait little by little, then it can bring the results.” 

– Magdalena Bay

 

Topics Covered:

01:45 – How Magda got into pricing

02:10 – Learning how Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MVNOs) work

07:21 – Why pricing in the MVNO market is interesting

09:27 – Sample scenarios of how MVNO provides value to customers

11:34 – How pricing in MVNO works

14:26 – What it means to play on a breakage when you’re in the MVNO market

16:20 – Magda asks Mark: “How do you approach your consulting when you’re in a totally new industry for you?”

18:18 – Does Mark have plans of getting experience from other countries and industries?

23:14 – Magda’s piece of pricing advice for the listeners

 

Key Takeaways:

“Pricing here is extremely difficult, in the sense that obviously, some of the customers wants to have everything the cheapest possible way. And in this setup, the infrastructure and building, everything cost your investment. You have to get your return on this investment. And as you mentioned before, MVNOs are always competing with these big boys, with MNOs, so this is almost impossible to be on the same pricing level.” – Magdalena Bay

“Assuming that you would get also unlimited plans from the MNO, you are very limited on how much you can earn, because you are only limited to this, let's say, two zloty per bundle or two euro per bundle – just any number I’m saying now – and you can't grow on this, if you know what I mean.” – Magdalena Bay

 

People / Resources Mentioned:

  • AT&T: https://www.att.com/
  • Verizon: https://www.verizon.com/
  • Orange: https://www.orange.com/
  • T-Mobile: https://www.t-mobile.com/
  • Free: https://www.free.fr/
  • Teleco: https://www.teleco.com.br/
  • Affinity Cellular: https://www.affinitycellular.com/
  • Airvoice Wireless: https://www.airvoicewireless.com/
  • Assist Wireless: https://www.assistwireless.com/
  • Beast Mobile: https://beastmobile.net/

 

Connect with Magdalena Bay: 

 

Connect with Mark Stiving:

 

...more
View all episodesView all episodes
Download on the App Store

Impact PricingBy Mark Stiving, Ph.D.

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

50 ratings


More shows like Impact Pricing

View all
Economist Podcasts by The Economist

Economist Podcasts

4,275 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,034 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

519 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

208 Listeners

Odd Lots by Bloomberg

Odd Lots

1,784 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

7,087 Listeners

Worklife with Adam Grant by TED

Worklife with Adam Grant

9,188 Listeners

The Peter Attia Drive by Peter Attia, MD

The Peter Attia Drive

7,928 Listeners

Nudge by Phill Agnew

Nudge

170 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,397 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,170 Listeners

A Bit of Optimism by Simon Sinek

A Bit of Optimism

2,186 Listeners

ReThinking by TED

ReThinking

611 Listeners

ACQ2 by Acquired by Ben Gilbert and David Rosenthal

ACQ2 by Acquired

212 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

84 Listeners