When you posted your stats on the netquote leads, you said that you are closing about 1 out of 20 leads. Is that out of the "gross" amount of leads you purchased, or is this figure based on the actual number of people you made a contact, and talked with? I know you stated that you reach about 1 in 12.
Also, please do keep us informed about how the live transfer leads work for you. A 1 in 3 closing ratio is realistic for live transfers of that nature. I worked in an outsourcing company that had contracted with Goldenrule, and closed 30% plus using another vendor.
Good luck!
Ed
Originally Posted by The New Guy
$40 per lead with a $200 matching bonus for a $200 deposit.
That gives me an out of pocket cost of $20 for the first 10 leads which is all I'm going to commit to, unless the ROI is there.
Lately, my netquote leads have been running about 1 phone contact per 12 leads, and closing about 1 out of 20 leads.
That's $140 per client. If I can close 1 out 3 live leads, that's $120 per client without all the chasing.
From my understanding, it is their live leads that they transfer to you while the person is on the phone.
When they call to verify the lead, they see if the lead has an interest in speaking to a agent right now, and if they do, they prescreen them with your filters.
If the leads meets your filters, and wants to speak to a agent then and there, the call is transferred to you and at the same time you click on a link that is on their website and it has the persons lead information.
If the call doesn't meet your filters, they pass it on to a agent whose filters it meets, or is then sold as a shared lead.
I'm only taking 10 leads, and it starts Monday. My lead times are from 1pm to 4pm, Mondays, Tuesdays, or Wednesdays only, until my order is filled.
I will post the results when my quota has been filled.
------------------------------------ Michigan Health Insurance Is my main site. Check out the links directory, more than 9875 helpful links and growing.
It should go right next to "Of course I'll call you."
Credibility drops about 75% when a lead company vendor calls me and begins with that word. In some cases, it drops them into negative territory.
Internet leads are hot and cold, just like the real world. Some work better than others in one spot and not the next. Try a couple, limit your exsposure... I mean if you're posting here that you are down $10,000 and want to quit the rotten lead company... look in the mirror. You're an idiot.
Anyway, limit your exsposure, be willing to "fire" and "hire" lead companies as the need arises. Don't lock yourself into anything you can't exit from with little discomfort.
Haha that is so the truth!
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There is an alternative to leads guys....prospects! Everybody in this industry is trained on the word lead! Prospects are consumers that fit demographic models. These are good people you can talk to but most of the Agents in my agency simply ignore them. I am on the mission to find a good prospecting solution. Once I find it Ill let you all know.
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Here is the one my buddy recommended to me. Hes had to work it for about 6 weeks, but hes gotten 7 good leads and a few referrals from sales. He likes the systems ease of use and built in CRM. Advisor Agent Leads
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Hm that link was posted weird anyway its advisorspro-shop.com I am looking into other solutions and will follow up.
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Originally Posted by jjjtrio
I like to have my phone ring from a prospect instead of chasing down internet leads that 6 other agents are chasing as well.
Liveleads360 .com
Hmmm do you work for a leads company?
Last edited by 4milliondollaragent : 03-03-2009 at 10:48 AM.
Reason: Posts merged
We target small business owners with 0-6 employees for life and health.
Some agents like are our system and some don't. What most do like is they don't have to chase after the leads. We offer a way where your phone rings with a prospect on the other end.
Regarding insuranceleads.com they do credit bad leads with no hassle.
Yes, the minimum order is 100 transfers. Trying to sample 30 or 40 of our leads is like sampling 10 internet leads.
Most agents can run through 100 transfers in a week.
Out of 100 transfers you can expect around 25 good leads. The average agent closes 4-6 some less some more.
Like I said before, not everyone likes our system, but if you can't close one deal to cover the cost of the campaign then selling might not be your game. A little harsh, but true.
Crunch the numbers and you will see it's not hard to make money with our system.
JJJtrio, I thought this subjectsuppose to be about the insuranceleads.com, why are you keep pushing "liveleads360, or what ever, here. I would like to hear some feed back about insuranceleads.com leads. Anyone has experience with their leads..good, bad or nuetral..?
I've been using Insuranceleads, Netquote, Leadbot, Hometown Quotes and had used insureme......The good thing about insuranceleads that I like is they have been able to provide the volume I have been looking for and the ability to turn on and off the flow...what I don't like is these supposed real time leads...I call right after recieving a lead at 3pm call the prospect and they tell me they took care of it this morning with another agent, there wasn't much I could do because after a few questions it looked like the other agent had qualified well and actually quoted a realistic rate I put them in my autoresponder just in case the other slips up but I'm not too hopeful of that....what annoys me is they said they hadn't just entered info but I never got a credit on that lead.
Jjjtrio has an agenda . . . selling his leads by spamming the forum.
Thanks Somarco for the kind words.
This thread and a few others are missing posts from when the site went down and they changed servers. There was some confusion about about the different types of live transfers. I tried to clear up the confusion and was asked about my services.
I don't try to hijack threads with spam. If there are posts about live transfers or voice broadcast then I chime in. When there are posts about anything that I have some knowledge in I also chime in.
My agenda is to give back to the forum by offering what I know and what I have to offer.
I like to have my phone ring from a prospect instead of chasing down internet leads that 6 other agents are chasing as well.
Liveleads360 .com
It depense, firstly, internet leads are prospects who actively looking for insurance. Secondly, they've provided all info and can be prequalified and verified tprior to being transfered. This is what I get from InsuranceLeas.com.
Yes, am competing with other agents, but most consumers like to compare rates and I end up competing one way way or another.
If you are transfering calls without having their data I may end up waisting a lot of time with unqualified and uninterested prospect.
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Originally Posted by Norwayguy
I've been using Insuranceleads, Netquote, Leadbot, Hometown Quotes and had used insureme......The good thing about insuranceleads that I like is they have been able to provide the volume I have been looking for and the ability to turn on and off the flow...what I don't like is these supposed real time leads...I call right after recieving a lead at 3pm call the prospect and they tell me they took care of it this morning with another agent, there wasn't much I could do because after a few questions it looked like the other agent had qualified well and actually quoted a realistic rate I put them in my autoresponder just in case the other slips up but I'm not too hopeful of that....what annoys me is they said they hadn't just entered info but I never got a credit on that lead.
You know, I also boght from other vendors and none of them are perfect. I got dupplicated, oversold, late uninterested, wrong numbers, etc., from them all. By I get best results and best service with InsuranceLeads.com
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Originally Posted by Papabear
Anyone use them?
I signed up. Gotten four leads in a week. I have talked to one.. and he said he has had 20 agents call him.
Is that normal? Crazy.
You cn't really jump to conclusion from four leads and speaking to one prospect. Its a numbers game....
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Originally Posted by jjjtrio
Thanks Somarco for the kind words.
This thread and a few others are missing posts from when the site went down and they changed servers. There was some confusion about about the different types of live transfers. I tried to clear up the confusion and was asked about my services.
I don't try to hijack threads with spam. If there are posts about live transfers or voice broadcast then I chime in. When there are posts about anything that I have some knowledge in I also chime in.
My agenda is to give back to the forum by offering what I know and what I have to offer.
Why don't you start your own threat and talk about your hot transfers. Here you should comment about InsuranceLeads hot transfers if you have any knowlege. I am using them with good results and would like to here how other are doing...
Last edited by ark : 04-12-2009 at 02:04 AM.
Reason: Posts merged
Yeah I agree completly. Our company has true exclusive telemarketed leads. If you don't contact them or sell them, nobody else will. We are really going strong and our agents love the leads. They are still leads and you need to contact them and set your appointments. But the biggest part of our leads are that we call only small business owners. And they use your name when they call. They are typically one to days old, and very well qualified. Any questions let me know if I can help.
The Insurance Man
Originally Posted by LGilmore
File away in your brain the word "EXCLUSIVE"...
It should go right next to "Of course I'll call you."
Credibility drops about 75% when a lead company vendor calls me and begins with that word. In some cases, it drops them into negative territory.
Internet leads are hot and cold, just like the real world. Some work better than others in one spot and not the next. Try a couple, limit your exsposure... I mean if you're posting here that you are down $10,000 and want to quit the rotten lead company... look in the mirror. You're an idiot.
Anyway, limit your exsposure, be willing to "fire" and "hire" lead companies as the need arises. Don't lock yourself into anything you can't exit from with little discomfort.
Last edited by Insurance Man : 04-12-2009 at 08:59 PM.
It is also interruptive when company A sells a lead to their 4 agents including 2 call centers then sells it to lead company B who sells it to their 5 agents?
------------------------------------ Health Insurance Agents: Training, Support, Discounts, E&O for $440 www.ihiaa.com
As far as I can tell, insuranceleads doesn't really sell the lead to other lead vendors. Instead, they put links out there for the fish, I mean prospect to see and promote them as "trusted partners". If the fish clicks on the link it takes them to the TP site (Vimo, NetQuote, Insureme, etc.) where they are encouraged to fill in their information (again) and get even more quotes.
That's why when you call they will tell you they only visited one site when in fact they went to 3 or more. The result is their information is sold 20x or more including to call centers who will speed dial the prospect about 50x.
Is it any wonder agents and prospects alike get burned out on this process?
BTW, where is that guy from insuranceleads? Seems to be rather scarce. Wonder why?
Re: Insuranceleads.com
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