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What are your experiences with Leadbot life or health leads. I purchased life leads for the first time in two years from them, and it ...


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Old 07-28-2008, 02:13 PM   #1
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What are your experiences with Leadbot life or health leads. I purchased life leads for the first time in two years from them, and it seems that the quality has gone down. Not that it was ever way up, but they were "okay" at one time. One other agent on the forum pm'd me that their annuity leads sucked, which was no big surprise. I have sold one health policy and one life out of 15 leads so far, which is really bad closing rate for me, and most of the people don't answer, which is a huge impediment to selling. Any feedback will be appreciated.
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Old 07-28-2008, 02:34 PM   #2
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Originally Posted by bill3173 View Post
What are your experiences with Leadbot life or health leads. I purchased life leads for the first time in two years from them, and it seems that the quality has gone down. Not that it was ever way up, but they were "okay" at one time. One other agent on the forum pm'd me that their annuity leads sucked, which was no big surprise. I have sold one health policy and one life out of 15 leads so far, which is really bad closing rate for me, and most of the people don't answer, which is a huge impediment to selling. Any feedback will be appreciated.
Dont know much about Leadbot, but if they are shared leads and you closed 2 out of 15 I'd say thats not too bad.

How much did you pay per lead?
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Old 07-28-2008, 02:37 PM   #3
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I purchased $200 worth last year in July for the Denver, Co area and on the first day recieved 6 leads. All of them never answered their phone. After that I would get maybe 1 lead every 2-4 months from them. I all but forgot about them when I recieved a lead from them a few weeks ago. I still have a few more leads coming to me from them. I've called them a few times regarding this but nobody seems to want to help me.
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Old 07-28-2008, 03:10 PM   #4
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Originally Posted by Colorado Newbie View Post
I've called them a few times regarding this but nobody seems to want to help me.
Oh well. They never have been really good, but apparently they've gotten worse. And, no they don't want to help you. I sent them back a bad lead that was credit worthy and they sent me another bad lead in its place. When I mentiioned it, I got no response. I only have myself to blame. Be glad that you just spent $200.
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Old 07-30-2008, 09:36 PM   #5
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Originally Posted by bill3173 View Post
What are your experiences with Leadbot life or health leads.
Any feedback will be appreciated.
I have purchased life leads from them. The leads themselves were so so, but the experience with the credibility of the company and their ethics is HORRIBLE. Long story short they were supposed to have cancelled my order, not auto-fill. I discussed this with key personnel sales ppl, they verbally confirmed they would do so... They have charged credit card another $ 875 which I am in dispute over at this time... Plain and simple they are not trustworthy, IMO.
YMMV, but my mileage has plain and simple sucked...

They are listed as a BBB Acredited Company. Here is the definition of what that is, according to BBB:

" What is a BBB Accredited Business?
If a business has been accredited by BBB, it means BBB has determined that the business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints."

I can tell you flat out that they are NOT meeting their pledge to make any effort, let alone good faith effort, to resolve a consumer complaint. NO repsonse to the complaint in over 6 wks. JACK NOTHING>>>

Their credibitlity is: a total ripoff, based on my experience.
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Old 07-31-2008, 05:18 PM   #6
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Any experience with Leadco
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Old 07-31-2008, 06:33 PM   #7
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Originally Posted by Paradigm View Post
Any experience with Leadco
If you are referring to Leadco Leads out of Tulsa Ok, they have been a very good direct mail lead company to use. They are expensive, but dependable.

Going back to Leadbot, I guess there's a good reason the old timers on the board never mention their health or life leads. I've noticed that when a name brand company whether its a lead company or carrier doesn't get any air time on these boards, there's usually a good reason.
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Old 07-31-2008, 09:21 PM   #8
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Leadco isn't bad. I get about 25 health leads per month from them.
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Old 08-01-2008, 08:48 AM   #9
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Originally Posted by CHUMPS FROM OXFORD View Post
Leadco isn't bad. I get about 25 health leads per month from them.
He's talking about "leadco leads" mortgage protection leads, not affiliated with leadco health.
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Old 08-01-2008, 09:01 AM   #10
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Originally Posted by bill3173 View Post
He's talking about "leadco leads" mortgage protection leads, not affiliated with leadco health.

Got it...

Did I mention what a total piece of crap Leadbot was to deal with...? Just in case I didn't, they are one of the most unethical companies that I have ever come across.

YMMV, but that is doubtful.

Leadbot should be avoided at all cost, IMO.
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Old 08-01-2008, 10:01 AM   #11
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Originally Posted by SportsNut View Post
Got it...

Did I mention what a total piece of crap Leadbot was to deal with...? Just in case I didn't, they are one of the most unethical companies that I have ever come across.

YMMV, but that is doubtful.

Leadbot should be avoided at all cost, IMO.
It doesn't hurt to mention it again.
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Old 08-01-2008, 03:19 PM   #12
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Originally Posted by bill3173 View Post
It doesn't hurt to mention it again.

You know you are right Bill... it doesn't hurts to mention it again...

BTW, I just got a call from an agent that has used Leadbot and he said that LEADBOT was Dog$hit to deal with.

Amazing how my experience with LEADBOT was Dog$hit, and this other agents experience with LEADBOT was Dog$hit.

The common theme seems to be... (well you get the point).

Like you said Bill, it never hurts to mention things like this... it may save someone else from having the same dealings that I had with LEADBOT, which were unacceptable.
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Old 08-01-2008, 04:08 PM   #13
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So is there anybody out there that has experienced "excellent" results from any lead company? I am looking around for leads, particularly med supp and FX leads. I'm also looking into "pre-set" leads. Any opinions will be greatly appreciated.
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Old 08-02-2008, 08:12 PM   #14
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My regional sales director gave me 10 leads from Leadbot for producing x amt in a quarter. I sold 2 life leads in the Los Angeles area. He and I have tried other internet lead companies, including iLeads and Most Choice. I have had terrible luck with those two companies so I'm going to order leads from Leadbot.
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Old 08-03-2008, 02:19 AM   #15
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Originally Posted by mickeyma View Post
My regional sales director gave me 10 leads from Leadbot for producing x amt in a quarter. I sold 2 life leads in the Los Angeles area. He and I have tried other internet lead companies, including iLeads and Most Choice. I have had terrible luck with those two companies so I'm going to order leads from Leadbot.


My responce to that would be to point out that even a stopped clock gets lucky twice a day.
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Old 08-03-2008, 01:36 PM   #16
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The BBB is wortless, AMWAY is in good standing with the BBB.....I think the MAFIA belongs to the BBB. All they really care about is if you pay your dues on time
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Old 08-06-2008, 05:16 PM   #17
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Originally Posted by srkaldi View Post
I think the MAFIA belongs to the BBB. All they really care about is if you pay your dues on time
They are modeled after the mob. It's like a protection racket blended with a confidence scheme. Business owner and consumer both lose.
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Old 08-15-2008, 06:23 PM   #18
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........

I can tell you flat out that they are NOT meeting their pledge to make any effort, let alone good faith effort, to resolve a consumer complaint. NO repsonse to the complaint in over 6 wks. JACK NOTHING>>>

Their credibitlity is: a total ripoff, based on my experience.[/quote]

>>>>>>

As with every story there are two sides. Full disclosure, I work for LeadBot.

Leadbot generates and sells leads exclusively, which means of course they can only be sold 1x. If you can sell a lead up to 8x as with non-exclusive lead companies, you have many avenues to move a lead to cover the costs of generating the lead. We do not have that luxury.

Consequently, we have a policy that all customers are on auto-renew with their orders (like most companies) and they must opt-out of that in order not to have their order replaced upon closure. We disclose this up front in the sales pitch, and it is front and center on the agreement each customer signs and faxes back to us in order to activate their order. It is also one of two reminders on our welcome email. We do this so that we may maintain some sort of continuity in our marketing efforts as it takes weeks to ramp or cancel some lead generation efforts. Before doing this we were constantly starting and stopping lead gen campaigns as people waited days or weeks between orders and we were losing out shirt.

All that is needed is an email to customer service or their sales rep, that they wish to opt-out of auto -renew on their order and it will be happily taken care of. This can be done immediately upon placing their order or anytime up until their order closes. That way we can gauge when to stop spending money to generate leads in certain areas and not be stuck with leads that have no order to go to. People opt out every day, and it is silly to think we would jeopardize a 10 year reputation to steal $875 from you.

For what it is worth, the credit card company sided with us, and while I take no pleasure in that, as I can see you are upset, we cannot run a company that has 3000 agents, and arbitrarily enforce our contract.

As far as the BBB goes, they do not get involved over written contracts. There will be a response though and I think our record speaks for itself in the industry.

Again I apologize for your experience, we try our very best to run clean lead campaigns and an ethical company. We have many happy customers that will back us up on that.

Regards
Leadbot
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Old 08-15-2008, 08:58 PM   #19
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Originally Posted by lbleads View Post
........

I can tell you flat out that they are NOT meeting their pledge to make any effort, let alone good faith effort, to resolve a consumer complaint. NO repsonse to the complaint in over 6 wks. JACK NOTHING>>>

Their credibitlity is: a total ripoff, based on my experience.
>>>>>>

As with every story there are two sides. Full disclosure, I work for LeadBot.

Leadbot generates and sells leads exclusively, which means of course they can only be sold 1x. If you can sell a lead up to 8x as with non-exclusive lead companies, you have many avenues to move a lead to cover the costs of generating the lead. We do not have that luxury.

Consequently, we have a policy that all customers are on auto-renew with their orders (like most companies) and they must opt-out of that in order not to have their order replaced upon closure. We disclose this up front in the sales pitch, and it is front and center on the agreement each customer signs and faxes back to us in order to activate their order. It is also one of two reminders on our welcome email. We do this so that we may maintain some sort of continuity in our marketing efforts as it takes weeks to ramp or cancel some lead generation efforts. Before doing this we were constantly starting and stopping lead gen campaigns as people waited days or weeks between orders and we were losing out shirt.

All that is needed is an email to customer service or their sales rep, that they wish to opt-out of auto -renew on their order and it will be happily taken care of. This can be done immediately upon placing their order or anytime up until their order closes. That way we can gauge when to stop spending money to generate leads in certain areas and not be stuck with leads that have no order to go to. People opt out every day, and it is silly to think we would jeopardize a 10 year reputation to steal $875 from you.

For what it is worth, the credit card company sided with us, and while I take no pleasure in that, as I can see you are upset, we cannot run a company that has 3000 agents, and arbitrarily enforce our contract.

As far as the BBB goes, they do not get involved over written contracts. There will be a response though and I think our record speaks for itself in the industry.

Again I apologize for your experience, we try our very best to run clean lead campaigns and an ethical company. We have many happy customers that will back us up on that.

Regards
Leadbot[/quote]

I've never bought any products from your company, but I will say you would have added more credibility and openness to be forward if you would have provided your name and position with the company. Unless, of course, your name is Leadbot.

-J.R.
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Old 08-15-2008, 10:36 PM   #20
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The BBB is a scam.

I once filed a complain to the BBB on the BBB - as a joke.

I just received a call from them yesterday "Hello is this the owner of the business?" "We have been receiving great feedback about your company and can lock in your good standing with a membership today only"

I said NO THANKS YOU ARE A SCAM.

The response was "This offer is only for today and if you get any complaints and you are a non member it looks very bad"

At this point I told them a little more blunt what I thought of the BBB and hung up the phone.
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