Tag Archives: leads

Pricing and Costs of Mortgage Lead Generation

Pricing and Costs of Mortgage Lead Generation

If you are considering trying to increase your sales by obtaining real estate leads,

you need to learn what to expect. Most mortgage … If you are considering trying to increase your sales by obtaining real estate leads, you need to learn what to expect. Most mortgage sales leads improve your sales, but they are typically not guaranteed. For this reason, you should not spend every last penny you have on mortgage leads. Instead, find out the pricing and costs of mortgage lead generation, and develop a budget. Before you decide to buy real estate leads, consider your options. Decide what types of leads are most important to you. Do you want to have only unique leads, or do you want to save some money and find free or cheap leads? Think about your options:

1. Consider purchasing exclusive mortgage sales leads.

2. Find out the typical cost of detailed real estate buyer leads.

3. Seek out inexpensive or free leads.

Spend the extra money on exclusive or semi-exclusive sales leads for mortgage for promising results

You will find that most exclusive sales leads are somewhat expensive, and with good reason. Leads that have not been called recently by others in the mortgage industry are considered fresh and most likely to be turned into sales. You will find that the cost for such leads starts in the double digits, from about $40 to more than $100. Semi-exclusive leads are cheaper, as they might be sold to two or three people, and range from $20 to $40.

Purchase real estate sales leads that include many details

The more details in a lead, the better, as it is easier for you to decide if the potential customer even fits your requirements. Don't waste your time on a lead that has few details, as it could be for someone who is unlikely to purchase property. Leads with a good number of details are usually about $12 to $20.

Look for free or inexpensive real estate agent leads

Some mortgage lead generation companies offer cheaper leads than others. Usually, such leads are older, less detailed or sold more often than typically desired, but they can still work. If you cannot afford exclusive, detailed or fresh leads currently, these may be better than nothing. Many companies also offer a few free leads to start, or perhaps free leads after you buy a certain amount. Cheap leads are usually less than $10 each.

  • When choosing a lead type, realize that often the higher quality the lead, the more likely you will close a sale in a short amount of time. While cheaper mortgage broker leads can be good for your budget, consider the amount of time you will have to spend to close an older, less detailed or less exclusive lead.

TP

Millennials Strike Again: This Time We Are Killing Cash And ‘Merry Christmas’

Millennials Strike Again: This Time We Are Killing Cash And 'Merry Christmas'

   

Clearly, this generation just can't help itself with killing things

like starter homes and canned tuna. What's next? The Grinch might as well get in line behind millennials.Clearly, my generation just can't help itself with killing things like starter homes and canned tuna. (Or is it can openers?) So in the spirit of attributing transformative cultural shifts to whippersnapper whims, we regret to inform you that millennials might be claiming two new victims: cash and the "merry Christmas" greeting.

A new NPR/PBS NewsHour/Marist Poll found that adults under 30 — so, mostly millennials — are the only age group among holiday shoppers with a clear preference for paying with plastic rather than cash. They're also the only group to strongly prefer the non-Christmas-specific greeting "happy holidays." But hey, we really like Christmas trees! (Wait, do we call them holiday trees now?) Younger Americans are the most likely to say they plan to put up a Christmas tree at home, the poll found. They are also most likely to say it will be an artificial — not real — one.

"Credit, 100 percent"

We millennials are a huge cohort, somehow uniting almost everyone born in the 1980s and 1990s. Despite the endless headlines treating our habits like historic aberrations, our generation holds much of the purchasing power in the U.S. as we are about to outnumber baby boomers as the largest living generation of adults.

The new NPR/PBS NewsHour/Marist Poll did not show statistics for the entire millennial cohort, but it did break out the 18-to-29 age group. And this holiday shopping season, 63 percent of these millennials under 30 said they planned to use "mostly credit cards" when buying holiday gifts. It was the opposite for all older shoppers, who planned to shop with "mostly cash." "Credit, 100 percent," said Parth Shah, a 24-year-old management consultant from New York City, when I asked him how he pays. "I have a really good credit card that gives me a lot of points, so I try to take advantage of that as much as I can." Now, if you Google enough headlines about millennials killing things, you might encounter some seemingly contradictory stories, such as: "Debt-Conscious Millennials Are a Threat to Credit Cards."

Let's do a quick flashback: Our generation came of age during the Great Recession, when people took on far more debt than they could afford. Add another trillion-ish dollars of student loan debt, and it's easy to see why borrowing more from the banks isn't our favorite pastime. In fact, the Fed recently found that millennials have "significantly less" credit card debt than Gen X and baby boomers. But holiday shopping is a time for special, maybe personalized — and often online — purchases. And — surprise! — adults under 30 are the most likely age group to say they plan to buy all or most of their holiday gifts online. And the Internet (trust me on this) is not the place to send anyone cash. "Cash is not a medium for the digital marketplace — you can't shop that way online," said Barbara Carvalho, director of The Marist Poll at the Marist Institute for Public Opinion, which conducted the new survey.

Only a quarter of shoppers under 30 said they wouldn't buy any of their holiday gifts online. Compare that with exactly half of shoppers over 60, who say they wouldn't shop for gifts on the Internet. Also, for all the tech progressiveness attributed to millennials, the poll found that it was 30- to 44-year-olds who were slightly more likely to use Apple Pay or PayPal to buy holiday gifts. Though remember, the oldest millennials are in their late 30s, so maybe our generation is behind this trend, too. (Perhaps someone should write a story about that!)

Happy all-inclusive holidays

Another question where millennials stood out was the — ah, yes — annual wintertime debate: In December, should you wish people merry Christmas or happy holidays? A majority of adults under 30, or 53 percent, voted for "happy holidays," according to the poll. In fact, millennials — who happen to be the most diverse generation of adults in the country's history — are the only age group to prefer this greeting.

"I usually say 'happy holidays,'" said Juliet McFadden, 23, who works as an office manager in Boston. "I think it's just easier to be more inclusive. Especially when I'm talking to someone who I'm only quickly interacting with in the city like a cabdriver or someone in the grocery store." Only 38 percent of people younger than 30 preferred "merry Christmas," the poll found. The number jumped to almost 60 percent for people between 30 and 60, and reached 68 percent for Americans older than 60. "I like to use 'happy holidays' but I don't mind being told 'merry Christmas,' " said 24-year-old Matt Puchalski, an engineer from Pittsburgh. "I like to make everyone feel included!"

This story also would not be complete without a mention of one of the most well-known facts about millennials: We've all basically given up homebuying dreams because of our lifetime commitment to avocado toast. But even if most of us can't afford homes, millennials are still the most likely generation to say they planned to put up a Christmas tree — even if it's a fake one. The new poll found more than two-thirds of Americans under 30 say they plan to put up an artificial tree. An additional 17 percent said they planned to buy a real one.

And here — plot twist! — millennials reported the same tastes as all people, because fake trees seem to be winning over everyone. All generations told the survey they planned to deck the halls with some artificial cheer — I mean, trees. Younger people were also the most likely to view the Christmas tree as a cultural symbol, rather than a religious one. A full 96 percent of people under 30 shared that view. And more than 70 percent of all age groups agreed that the Christmas tree is no longer about religion. But do we know which generation killed that?

Article Produced By
Alina Selyukh

Correspondent

 Alina Selyukh is a business correspondent at NPR, where she follows the path of the retail and tech industries, tracking how America's biggest companies are influencing the way we spend our time, money, and energy.Before joining NPR in October 2015, Selyukh spent five years at Reuters, where she covered tech, telecom and cybersecurity policy, campaign finance during the 2012 election cycle, health care policy and the Food and Drug Administration, and a bit of financial markets and IPOs.

Selyukh began her career in journalism at age 13, freelancing for a local television station and several newspapers in her home town of Samara in Russia. She has since reported for CNN in Moscow, ABC News in Nebraska, and NationalJournal.com in Washington, D.C. At her alma mater, Selyukh also helped in the production of a documentary for NET Television, Nebraska's PBS station.

https://www.npr.org/2018/12/21/678148112/millennials-strike-again-this-time-we-are-killing-cash-and-merry-christmas

TP

Stop Buying Leads And Create Your Own Instead

Stop Buying Leads And Create Your Own Instead

Anyone in sales can tell you that no new leads typically means no new business.

Without sales, you truly don't exist. When I entered into the insurance business, I initially tapped my natural market. But — as you can imagine — that only goes so far. In order to succeed, you need to have an ongoing plan. Mine was to purchase leads.I started using a service called NetQuote, where I could buy leads from online shoppers who were looking for insurance. These leads were $15 a piece — and for the most part, the individuals were interested in purchasing coverage. But in addition to the cost, those same leads were also being sold to other agents from competing companies. So if I didn't get to them first, I was essentially throwing away my $15. I had only a 15-20 percent closing ratio, so I knew I had to find a better way.

Using SEO

Throughout the past decade, the Internet has changed the way we do business — insurance is no exception. Gone are the days of sitting across the kitchen table and discussing benefit options. Just like most other products and services, people want to be able to search and compare what options they have available, and they want to do it quickly. I decided to learn everything I possibly could about search marketing, lead generation and SEO, and I also started to build a resource list. A few sites that helped me were Moz.com, Distilled.net and QuickSprout.com. Even today, for any beginner who is looking to learn, I highly recommend these websites. They contain some great content, along with helpful video tutorials.

Once I had my go-to sources, I then obtained the proper tools for tracking and I further developed my plan. Two great sources that I recommend in this area are AHREF and SEMRush. You can learn a lot from these tools, and even though they are paid, I found them well worth the money.

YOU MAY ALSO LIKE

Building Local to National

My initial plan was to rank on a local level in my home city of Columbus, Ohio, for homeowners, auto, life and business insurance leads. I wasn't sure what to expect, as I had no lead generation or web design experience. In addition, Columbus is already host to some major insurance brands such as Nationwide and Safe Auto, so I had stiff competition, especially as Google GOOGL +0.02% loves big brands and they rank well for the most difficult keywords. I admit that my first website, ColumbusInsuranceMarket.com, wasn't pretty. Yet I was still able to reach my goal. In fact, I was able to generate more leads per month from that site than the ones I was purchasing for $15 apiece for all those years. To this day, we still generate local insurance leads from this website.

Once I'd reached local success, I decided to up the ante and see how I could do on a national level. I was lucky enough to buy the domain name TermLife-Insurance.com at an auction. This was great, because at the time Google liked exact and partial match domain names. These days it’s hard to brand a partial-match domain like the one I bought, so I've also since built my most current and best website, LocalLifeAgents.com. This site has brought both the local and national aspect to one site. As you can see, each of these sites is progressively better from a design and user flow aspect, which helps.

Getting Attention, Traffic and Leads

In order to rank organically, it's necessary to have great website architecture along with great content and quality links. In fact, links are probably the hardest part of the SEO equation. Quality links are hard to get, which makes link building more difficult. Most people don't know where to start when it comes to finding good links. I started by leveraging current relationships and then building new ones with people who were talking and writing about what I sold.

Never assume that someone wants to link out to you. Before you think about asking for a link, make sure they have a good reason to do so. For example, show them how your product or service solves a problem, especially if it's something they believe in or can relate to. People are also looking to link to sites that have quality resources. It's best to build a page on your site that solves a problem. This makes outreach much easier. That's what I did with my first national site, and over the years the leads have snowballed. The sites bring in business — exclusive leads — every day.

Creating Results

A quick Amazon search will result in numerous books on "how to" build a website, many filled with details on how to monetize the site for getting the maximum amount of traffic. But based on what I've learned 20,000 leads later, don't build your site for Google or a search engine. Build it for the potential customer who lands there. Granted, you still need strong signals for the search engines: ensure that you have good, on-page SEO and well-researched keywords along with site architecture that makes it easy for visitors to find what they're looking for.

People come to your website for a reason. Regardless of what it is you do, they are looking for information. So, give them what they came for. Provide your site visitors with answers and guidance on how to solve a problem, and then show them how your own product, service or expertise can make their lives easier. Then, provide a clear call to action. It's as simple as that.

Article Produced By
Brad Cummins


Founder of Local Life Agents, a nationwide independent life insurance agency.

https://www.forbes.com/sites/theyec/2015/12/21/stop-buying-leads-and-create-your-own-instead/#42a972ad4979

TP

Entrepreneur Associate Leads Report

Leads are not only important…

They are the lifeblood of your business

Bitter.io campaign report (December 8, 2018)

Deb Williams is a Markethive subscriber, Entrepreneur upgrade and Markethive staff writer as well as my Marketing Manager. Now aint that a mouth full. This is her report. I will editorialize at the end:


The popular advertising site, Bitter.io is proving to be very lucrative. A simple system that attracts cryptocurrency, ICO and blockchain enthusiasts on a global level. The users on this platform are very crypto-conscious and are looking for opportunities in the industry. They are also advertisers and marketers requiring a system such as Markethive.

I recently started a campaign spending only $10 worth of Bitcoin, which gives a total of 10,000 clicks. Generally, these campaigns run for around 3 days, or until all 10,000 hits have been executed. Although results can vary, this particular campaign resulted in 25 signups intoMarkethive over the 3 day period.

So $10 worth of bitcoin produced 25 new Markethive associates which equate to $0.40c a lead! That is very inexpensive considering the information I was able to capture. I now have their email, phone number and Social Media account they clicked on to sign up.

Additionally, they have subscribed to the Markethive autoresponder email system and receiving emails daily for the next 30 days. As we move forward with the system updates and launch of the Airdrops and micropayments, the email broadcasting feature is a great way to nurture the relationship.

As Bitter.io focuses on cryptocurrency, I used the Airdrop capture page with the short video explaining the marketing tools. The text I used addressed being the first Market Network on Blockchain, as follows;

The 1st Market Network On Blockchain! – Get Paid to Engage PLUS GET 500 COINS FREE with our INFINITY AIRDROPS just for Subscribing – Join FREE – STAY Free

Given the current trend and news of ICO's also airdrops and the impact it has had on the crypto community at large, I believe was the reason this campaign was a success. Furthermore, the changes taking place along with the privacy and data issues of Social Media are escalating and people are looking for other options.


Here is how I see this. The Markethive system was designed to create these results. After all, we are giving away a system very similar to what an Inbound Marketing company called Marketo (sold for over $2000 per month) away for free. Plus we are also offering our first Airdrop of 500 coins just to sign up into Markethive for free. A pretty attractive offer, yes?

With the Entrepreneur upgrade program, we also match those 500 coin drops to your account. In other words, When someone signs up through your account, AND, you are upgraded to the Entrepreneur program, we also give you 500 coins.

Deb has shown some data that I can use to illustrate the lucrative nature of what we have delivered to you. She put 25 people into Markethive, in 3 days, for $10.

Now the assumptions. Assuming we average 25 people per $10 campaign and run a $10 campaign 10 times per month (One month divided by 25 people per 3 days for $10) So that cost $100 per month. Spread that out to one year (12 months) and the cost is $1200 for 3,000 subscribers 

In one year we can speculate Markethive coin running at a nickel per coin? I mean Steemit's coin is at $35 as of this writing and the entire crypto coin market is way way waaayyy down. So .05 per coin is reasonable to make this example. Are we good with that? Because at one nickel per coin times your 500 coins you get for signing up into Markethive and the 3000 subscribers that you brought through you while upgraded to Entrepreneur, 3000 x 500 + 500= 1,500,500 (One Million Five Hundred Thousand and Five Hundred) coins x .05 (nickel) = $75,025 return. Not too bad. Now you see why Deb is so excited she is screaming day and night. Well not really, but she should be.

You also have to take into consideration the Entrepreneur program costs $100 per month as well, that being an additional $1200 at the end of the year. But the Entrepreneur program is generous, and also pays you back more than you pay in. Literally! It returns a 10% of an ILP. If you know what an ILP is, well more excitement.

Do you want to know how to do this? It is pretty simple. And we show you how to live, every weekend. Check the calendar. Oh and the site we are using for leads is @ http://bitter.io 


Thomas Prendergast
CEO
Markethive

 

 

 

TP

Inbound Marketing For Dummies

Inbound Marketing For Dummies "or"

When Out Bound Marketing and I separated our ways for good!

In 1996 or there about, I was approached by a well-known marketer, David D’Arcangelo. We were associates at that time in the Network Marketing business and we both lived in San Diego. He pitched me on a new deal he felt was a considerable advantage in the industry, had an organization begun (He has a large sphere of influence from his radio shows). He was proposing he run major ads in papers like USA Today, etc. and round robin the incoming leads to the new distributors. He felt that he and I could work together on this and build a sound solution for the ‘rank and file” recruits. With his name and advertising and the advantage I had because I owned a big marketing system (which came to be known as Veretekk).

I enrolled about 10 people based on this agreement and we scheduled our first tele bridged conference call. My wife Annette (my girlfriend at the time) and I were excited before the call began. On the call nothing was said about a Co-op distribution round robin. What did transpire, was David took control of the call from me, then quickly introduced his friend John Green and pitched the leads John Green was selling from CuttingEdgeMedia (This is my recollection).  John Green and David claimed they were awesome pre interviewed leads and cost $20 each.

Annette immediately expressed her anger that we had been baited and switched, and the call was a disaster. I was also angered as I have always found buying leads a foolish pursuit. Ho9wever, this time< I wanted to use these leads to conduct a real survey.

I paid for 100 leads, about $2000 for the 100 super hot, pre interviewed hot ready to join my business leads. I also bought the USA Today white pages on CD Rom as a control subject.

I spent 4 weeks and tracked the results in an Excel Spread sheet. I called every lead in that database. I called everyday of the week. At 3 different times for each lead at 10am, 2pm, and 6pm. I also called Saturdays at 12 noon and 8 pm in their time zone until I actually talked to someone.

Of the John Greene leads 80% of the list was contacted. 20% never answered or numbers were disconnected or wrong numbers. Of the remaining 80% I was able to talk to 80% said very nasty profanity at me, demanded I remove them from the list, and were extremely angered and some threatened me with legal action. Even when I explained I was doing “lead” research, told them who sold them and that they were supposedly interviewed.

Not one was interviewed. Either they called me a liar or the provider a liar or said they had no recollection of being interviewed. There were 2 out of the 100 who expressed some interest in the business, but further calls were never answered and nothing ever came from these halfhearted interests.

USA Today leads

In sharp contrast I must report on the 100 names and phones numbers I pulled from the USA Today white pages disk as a control to the research. Of the 100 I called on the same routine, 97% connected. Not one of them expressed anger, called me names or hung up on me. Most of them were still not interested, but I did get 12 very interested to join and 3 actually did join.

This is Outbound Marketing

This technique to cold call is a daunting process even back in the days, even for professionals. Today it is virtually a total waste of time. When people do answer and don’t know who you are 96% just hang up. The others usually take some time to insult you. It is over. Outbound marketing is now a total waste of time and money.

It is time to understand Inbound Marketing

So I have produced this blog and video for the Dummies out there. It is Inbound Marketing for Dummies. If you are ever going to find success, you are going to have to embrace, understand and intitiate the process called Inbound Marketing.

You are in luck, because Markethive is one of the top state of the art, “Inbound Marketing” platforms in the world and it is the only one that is free!

Inbound Marketing For Dummies

By now you probably heard some of the buzz about inbound marketing. But just what exactly is it?

Inbound marketing is like marketing with a magnet vs. a megaphone.  Its marketing based on quality content, that attracts a steady stream of qualified leads.

At this point and time outbound marketing has completely lost it edge. Did you know that the average person sees anywhere from 3000 to 20,000 outbound advertisements per day? No wonder no one is paying any attention.

Shouting at your audience with a megaphone is no longer the most cost-effective or productive way of marketing your business, Inbound Marketing is.  The cool part is that inbound marketing methods are almost always less time-consuming and less expensive than traditional lead generation methods.  

Not only are they cheaper but they are more effective.  Inbound leads are eight times more likely to become customers, and close at a much higher rate.  In fact while outbound marketing has an average closing rate of 1.7%, inbound marketing has an astounding closing rate of 14.6%.

All that savings means the companies that Focus primarily on inbound marketing, typically spend 62% less per lead than companies that don't.  So how does it work?  

Think of it like a giant funnel, prospects come in at the top, happy customers come out the bottom.  Today 88% of consumers are conducting their own product research online before making a purchase.  

Therefore the key to being found and trusted on the web is generating relevant content to what people are searching for.  This is the first part of our inbound marketing funnel.  Once you have their attention we need to capture their information.  

Generally this is done with more awesome content in the form of digital media such as free offers, articles, case studies, videos, free services and more.  The next part of our marketing funnel is where we create an automated system, by which we turn these qualified leads which came in from our offers into Happy paying customers, who refer more new customers because of all the awesome content you're putting up.  

At Markethive we deliver inbound marketing methods such as SEO, Broadcasting, Capture Pages, Social Media, massive reach, Work Groups, Co-op Advertising videos, and so much more, to establish you as the authority in your industry, and create a client magnet that will generate a constant stream of qualified leads just for you.  Let us help you to establish an online presence, attract new leads, and convert prospects all on autopilot.

Marketing Manager Staff

 

 

 

TP