Register here to view the forum without ads

Insurance Agent Forum
Join our Facebook Fan Page  Join our LinkedIn Group of Insurance Agents  Follow Insurance Agents Forum on Twitter
Currently Online: 204
Members: 13,184
Discussions: 15,201
Messages: 199,346
Views: 7,986,970

Go Back   Insurance Agent Forum > Insurance Agents and Brokers Forum > Individual Health Insurance Forum

Health Choice One

Scroll down for a discussion on Exclusive Leads? within the Individual Health Insurance Forum.

I'm about to sign with a company that offers only "exclusive leads" which sounds very appealing, especially after the long and convincing explanation I received ...


Reply to Exclusive Leads?
Old 06-03-2009, 03:46 PM   #1
Super Genius
 
Join Date: Oct 2008
Posts:31
Exclusive Leads?             Go to Top


I'm about to sign with a company that offers only "exclusive leads" which sounds very appealing, especially after the long and convincing explanation I received from the owner regarding ROI, closing ratios etc.
After all my terrible experiences with other companies, I really didn't hear anything new, although it might be true.
I'd like your opinion and experience regarding these leads or similar ones.
You could say this post is "lead frustration 2"
Choose Insurance Type

Enter Zip Code
ameneses54 is offline   Reply With Quote to Exclusive Leads?

Register Now for FREE!
Are you an Insurance Agent Forum member yet? To sign up for your FREE INSTANT account, fill out the form below!

Username:     Password:   Confirm Password:     E-Mail:   Confirm E-Mail:

    Question of the day:   Time is M*** Agree to forum rules 


Old 06-03-2009, 04:03 PM   #2
Guru
 
Norwayguy on Exclusive Leads? - Insurance Agent Forum
 
Join Date: May 2008
Posts:555
State: Norwayguy is an Insurance Agent from Maine
Re: Exclusive Leads?             Go to Top

Originally Posted by ameneses54 View Post
I'm about to sign with a company that offers only "exclusive leads" which sounds very appealing, especially after the long and convincing explanation I received from the owner regarding ROI, closing ratios etc.
After all my terrible experiences with other companies, I really didn't hear anything new, although it might be true.
I'd like your opinion and experience regarding these leads or similar ones.
You could say this post is "lead frustration 2"
No one can help you in that you have not given a company name or anything...many companies offer what they call exclusive leads (and most know that what they deliver is not exclusive) IMHO
------------------------------------
Peter G Langelier
plangelier@langelierinsurance.com http://www.langelierinsurance.com
Norwayguy is offline   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 04:21 PM   #3
Guru
 
souldeux on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Dec 2008
Posts:646
State: souldeux is an Insurance Agent from Georgia
Re: Exclusive Leads?             Go to Top

I'm currently using a mix of shared and exclusive leads. My ROI is identical with both, but the urge to shoot myself is slightly diminished with the exclusives.

Oh, and be warned: "exclusive" leads are usually anything but. They tell you shared leads go to two or three agents and they usually go to eight or ten. Exclusives, they say just to you, but there's no telling how many websites that lead has visited.
------------------------------------
Nick Perry: 404.660.1020
ILIAA: Life Insurance Agent Training, Support, and Discounts
Limited time - Join the ILIAA, get $100 in free leads! Click for details.
admin@iliaa.org
souldeux is offline   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 04:24 PM   #4
Expert
 
IAC.Ryan on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Sep 2008
Posts:137
State: IAC.Ryan is an Insurance Agent from Arizona
Re: Exclusive Leads?             Go to Top

Originally Posted by ameneses54 View Post
I'm about to sign with a company that offers only "exclusive leads" which sounds very appealing, especially after the long and convincing explanation I received from the owner regarding ROI, closing ratios etc.
After all my terrible experiences with other companies, I really didn't hear anything new, although it might be true.
I'd like your opinion and experience regarding these leads or similar ones.
You could say this post is "lead frustration 2"
How are these leads obtained?

IMO - if its not a telemarketed lead - there's little chance your buying a truly 'exclusive' lead. (Not necessarily the vendors fault - they can't stop the consumer from going to 6 more websites that afternoon, but it is what it is)
IAC.Ryan is offline   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 04:28 PM   #5
Guru
 
CHUMPS FROM OXFORD on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Mar 2007
Posts:5,463
State: CHUMPS FROM OXFORD is an Insurance Agent from Ohio
Re: Exclusive Leads?             Go to Top

It's best to discount the owner's projections by about 50%.

Re exclusive leads...How are they being generated? (Oh...I see IAC just asked that)
------------------------------------
Ohio Health Insurance Quotes
Affordable Ohio Term Life Insurance
Ohio's leading insurance resource
Founder of an Association with 47,000 members
Sporting News Fantasy Football Champion
CHUMPS FROM OXFORD is online now   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 04:30 PM   #6
Guru
 
myinsurebiz on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Feb 2008
Posts:1,074
State: myinsurebiz is an Insurance Agent from Georgia
Re: Exclusive Leads?             Go to Top

Originally Posted by souldeux View Post

Oh, and be warned: "exclusive" leads are usually anything but. They tell you shared leads go to two or three agents and they usually go to eight or ten. Exclusives, they say just to you, but there's no telling how many websites that lead has visited.
This wouldn't apply to tele-leads. Since most tele-leads companies "cold call" or "dial" for their leads - they are indeed exclusive. Web leads are different because the lead company has no control over the client.

Originally Posted by IAC.Ryan View Post
How are these leads obtained?

IMO - if its not a telemarketed lead - there's little chance your buying a truly 'exclusive' lead. (Not necessarily the vendors fault - they can't stop the consumer from going to 6 more websites that afternoon, but it is what it is)
So true . . .

Tom
------------------------------------
[COLOR=Red]" If you must Hate - Hate the Game and not the Players"
[/COLOR]
myinsurebiz is offline   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 04:31 PM   #7
Guru
 
Norwayguy on Exclusive Leads? - Insurance Agent Forum
 
Join Date: May 2008
Posts:555
State: Norwayguy is an Insurance Agent from Maine
Re: Exclusive Leads?             Go to Top

Originally Posted by IAC.Ryan View Post
How are these leads obtained?

IMO - if its not a telemarketed lead - there's little chance your buying a truly 'exclusive' lead. (Not necessarily the vendors fault - they can't stop the consumer from going to 6 more websites that afternoon, but it is what it is)
I'm not giving the vendors a total pass on this..They advertise to the consumer an instant quote. They get the consumer to put in there info and then they tell them they will be contacted by an agent. I believe that in most cases that is the farthest thing from the consumers mind...some of these people may only be checking to see if the person they are working with is giving them reasonable info...But if the Lead vendor says enter your personal info here we will sell this to a licensed agent who will then contact you there volume goes way down and they don't make a fortune off us agents.
Norwayguy is offline   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 04:47 PM   #8
Guru
 
souldeux on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Dec 2008
Posts:646
State: souldeux is an Insurance Agent from Georgia
Re: Exclusive Leads?             Go to Top

Originally Posted by myinsurebiz View Post
This wouldn't apply to tele-leads. Since most tele-leads companies "cold call" or "dial" for their leads - they are indeed exclusive. Web leads are different because the lead company has no control over the client.

Tom
Hell, Tom, I wouldn't want anyone to accuse me of being less than gracious. How about you throw ten of those telemarketed leads my way and I'll compare them to what I'm using now?

If I can hit the same or better ROI with yours as I've got on mine, I'll come down to Savannah and buy you a beer, too. I think I'm going to be driving through there in the not-too-distant future, anyway.
souldeux is offline   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 04:49 PM   #9
Guru
 
somarco on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Sep 2006
Posts:8,200
State: somarco is an Insurance Agent from Georgia
Re: Exclusive Leads?             Go to Top

driving through there in the not-too-distant future
Is that after having a beer or two?
somarco is offline   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 06:05 PM   #10
Guru
 
myinsurebiz on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Feb 2008
Posts:1,074
State: myinsurebiz is an Insurance Agent from Georgia
Re: Exclusive Leads?             Go to Top

Originally Posted by souldeux View Post
Hell, Tom, I wouldn't want anyone to accuse me of being less than gracious. How about you throw ten of those telemarketed leads my way and I'll compare them to what I'm using now?

If I can hit the same or better ROI with yours as I've got on mine, I'll come down to Savannah and buy you a beer, too. I think I'm going to be driving through there in the not-too-distant future, anyway.
Nick,

I would never ever work for free. I have to pay the tele-lead reps, so if I charge you nada - I lose.

I have many references that will testify to our lead quality. I ws in the lead business before becoming an insurance agent.

We have a simple program that works.

If you want to try 10 pre-screened leads for $200 - I'd be happy to help.

We charge a setup fee and a monthly fee which I will defer for you until you place a re-order and join the family.

If you are not happy and don't make at least one sale - I'll give you more until you do (this is verified by the clients on a customer satisfaction call.)

Tom
myinsurebiz is offline   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 07:48 PM   #11
Guru
 
moonlightandmargaritas on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Sep 2006
Posts:6,148
State: moonlightandmargaritas is an Insurance Agent from Florida
Re: Exclusive Leads?             Go to Top

Originally Posted by myinsurebiz View Post
I would never ever work for free. I have to pay the tele-lead reps, so if I charge you nada - I lose.
This is like a primer for a short-sighted business approach...

OK, your deal is great - but you're not willing to take any risk on it? All the risk should be on the buyer? Well guess what, if they get no return - they lose. But you've got their money - so you win.

Why should anyone else? Because you can provide some trumped-up testimonials?

If they're as good as you say they are, you should be trippin' over yourself to get someone to try them for free. The amount you would make as result would trump the cost for heroin-halfwayhouse-telelead reps you pay many, many fold.

It just confirms the fact that you are nothing but a huckster. But we knew that anyway.
------------------------------------
[COLOR=blue]Don't steal - the government hates competition.[/COLOR]
moonlightandmargaritas is offline   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 07:48 PM   #12
Guru
 
souldeux on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Dec 2008
Posts:646
State: souldeux is an Insurance Agent from Georgia
Re: Exclusive Leads?             Go to Top

Originally Posted by myinsurebiz View Post
Nick,

I would never ever work for free. I have to pay the tele-lead reps, so if I charge you nada - I lose.

I have many references that will testify to our lead quality. I ws in the lead business before becoming an insurance agent.

We have a simple program that works.

If you want to try 10 pre-screened leads for $200 - I'd be happy to help.

We charge a setup fee and a monthly fee which I will defer for you until you place a re-order and join the family.

If you are not happy and don't make at least one sale - I'll give you more until you do (this is verified by the clients on a customer satisfaction call.)

Tom
Oh, what the heck. I'll give you a call tomorrow and we'll talk.
souldeux is offline   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 07:51 PM   #13
Guru
 
moonlightandmargaritas on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Sep 2006
Posts:6,148
State: moonlightandmargaritas is an Insurance Agent from Florida
Re: Exclusive Leads?             Go to Top

Originally Posted by ameneses54 View Post
which sounds very appealing, especially after the long and convincing explanation I received from the owner regarding ROI, closing ratios etc.
You must be desperate beyond comprehension.

What the hell did you expect he was going to tell you? The the leads were marginal at best?

P.T. Barnum was right. There IS a sucker born every minute.
moonlightandmargaritas is offline   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 07:58 PM   #14
Guru
 
GreenSky on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Mar 2007
Posts:4,527
State: GreenSky is an Insurance Agent from California
Re: Exclusive Leads?             Go to Top

Originally Posted by souldeux View Post
Oh, what the heck. I'll give you a call tomorrow and we'll talk.
Search the forum just to be reminded who you're dealing with. This guy has tried every way to make earn a living off the backs of others, and has been a poster child for quick buck artists since he first started posting here.

But, good luck if you work with him. His product might be terrific, but based upon his track record, beware.

Rick
------------------------------------
ILIAA
Training, Community, Support, and Success
Independent Life Insurance Agents Assn
rick@iliaa.org
GreenSky is online now   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 09:58 PM   #15
Guru
 
CHUMPS FROM OXFORD on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Mar 2007
Posts:5,463
State: CHUMPS FROM OXFORD is an Insurance Agent from Ohio
Re: Exclusive Leads?             Go to Top

Insurance Agent Forum

Last edited by CHUMPS FROM OXFORD : 06-03-2009 at 11:02 PM.
CHUMPS FROM OXFORD is online now   Reply With Quote to Exclusive Leads?
Old 06-03-2009, 10:01 PM   #16
Guru
 
GreenSky on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Mar 2007
Posts:4,527
State: GreenSky is an Insurance Agent from California
Re: Exclusive Leads?             Go to Top

Tom has a lack of credibility (or is it creditability).

Rick
GreenSky is online now   Reply With Quote to Exclusive Leads?
Old 06-04-2009, 07:01 AM   #17
Super Genius
 
Join Date: Feb 2009
Posts:38
State: vlade1212 is an Insurance Agent from Indiana
Re: Exclusive Leads?             Go to Top

Just an idea for you if you want the so called "exclusive lead" generate those yourself through your own marketing efforts. This way the majority of the people you talk to will only be getting contacted by you and that will be your "exclusive lead." I wouldn't trust online vendors very little if at all after buying leads and listening to some of the veterans on this forum everything I was told or read came true in some fashion or another.
vlade1212 is offline   Reply With Quote to Exclusive Leads?
Old 06-04-2009, 07:20 PM   #18
Super Genius
 
Join Date: May 2009
Posts:45
State: joeboy is an Insurance Agent from Florida
Re: Exclusive Leads?             Go to Top

Originally Posted by myinsurebiz View Post
Nick,

I would never ever work for free. I have to pay the tele-lead reps, so if I charge you nada - I lose.

I have many references that will testify to our lead quality. I ws in the lead business before becoming an insurance agent.

We have a simple program that works.

If you want to try 10 pre-screened leads for $200 - I'd be happy to help.

We charge a setup fee and a monthly fee which I will defer for you until you place a re-order and join the family.

If you are not happy and don't make at least one sale - I'll give you more until you do (this is verified by the clients on a customer satisfaction call.)

Tom
O.K., how about a bit more info. on these $20 leads?
Detail filters?

Age(s)
2 person minimum?
Health screened?
Smoker / non smoker?

For $20 I'm thinking, most certainly exclusive,(and believe me I'd be asking the client about it) 2 healthy non smoking adults the younger of the two no less than 50. The older of the two no older than 60. Dependants would be optional and also healthy.
What say you Tom?
- - - - - - - - - - - - - - - - - -
Originally Posted by moonlightandmargaritas View Post
This is like a primer for a short-sighted business approach...

OK, your deal is great - but you're not willing to take any risk on it? All the risk should be on the buyer? Well guess what, if they get no return - they lose. But you've got their money - so you win.

Why should anyone else? Because you can provide some trumped-up testimonials?

If they're as good as you say they are, you should be trippin' over yourself to get someone to try them for free. The amount you would make as result would trump the cost for heroin-halfwayhouse-telelead reps you pay many, many fold.

It just confirms the fact that you are nothing but a huckster. But we knew that anyway.
Hold up Moondog, what if he sells them at cost?
Yeah, that's it. An introductory trial offer of say, oh, I don't know $100 for 10.
Yeah that's it, break even on the intro., hook em deep and then they can love each other long time there after.
BTW - Heroin Halfway House ... nice touch.

Last edited by joeboy : 06-04-2009 at 07:28 PM. Reason: Posts merged
joeboy is offline   Reply With Quote to Exclusive Leads?
Old 06-04-2009, 08:04 PM   #19
Super Genius
 
Join Date: Jun 2009
Posts:10
State: scottye7 is an Insurance Agent from Maryland
Re: Exclusive Leads?             Go to Top

You have to watch some companies that supply leads. They will first use the leads and then give you the ones that did not sell. So if you are not selling like you think you should, you probably have bad leads from the start. I have learned my lesson on leads from a company I am working with.
scottye7 is offline   Reply With Quote to Exclusive Leads?
Old 06-04-2009, 08:20 PM   #20
Guru
 
CHUMPS FROM OXFORD on Exclusive Leads? - Insurance Agent Forum
 
Join Date: Mar 2007
Posts:5,463
State: CHUMPS FROM OXFORD is an Insurance Agent from Ohio
Re: Exclusive Leads?             Go to Top

And what company is that? Thanks.

Choose Insurance Type Enter Zip Code


CHUMPS FROM OXFORD is online now   Reply With Quote to Exclusive Leads?
Reply to Exclusive Leads?

  Insurance Forum > Insurance Agent Forum > Insurance Agents and Brokers Forum > Individual Health Insurance Forum



Thread Tools
Display Modes

Similar Threads with Exclusive Leads?
Thread Thread Starter Forum Replies Last Post
Is anyone going to the Convention (National Agents Alliance) (NAA dvd493 Life Insurance Forum 1243 Yesterday 04:49 PM
Exclusive Telemarketed Leads SmedleyInsuranceGroup Insurance Leads 41 06-20-2009 04:58 PM
Leadco Exclusive Leads Colorado Newbie Insurance Leads 99 06-10-2009 06:17 PM
Benepath Exclusive Leads moonlightandmargaritas Insurance Leads 6 06-06-2009 08:46 PM
New Mortgage Leads We Just Released/ Read Now GP32765 Insurance Leads 44 04-18-2008 11:02 PM



All times are GMT -5. The time now is 09:34 AM.


Powered by vBulletin® Version 3.6.12 Secure
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.3.0