Quantity and quality

Posted on

Quantity and quality
Be careful when buying in bulk: if you spend $100.00 and get 50 leads, the lead is probably old and used, and the closing price isn’t very good either. If you can spend $100.00 and get five to ten new leads, you can do well and have a good closing rate.

Cherry picking and filters
Cherry Picking is a great and popular feature that allows you to go online and see what’s trending before you buy. Some sites even report how many times they have been sold. Filters are also a great feature. This allows you to know in advance what type of leads you want, and if the leads meet the filter criteria they will be sent to you via email or fax.

Customer Service
As with any business, customer service is important and their behavior on the phone can be seen as a good indicator of how well their business is going. If you have trouble reaching someone or don’t get a call back, that person is probably not worth doing business with.

One of the best ways to find a credit referral company is to get a recommendation from a colleague or family member who has had success with a credit referral company. Ask around and see what you can find.

If you want to get leads yourself, you will pay a higher price, but this system will be sold alone, eliminating your competition. Non-exclusive loans sell for an average of three to five times, which often lowers the price of the second class, but keep in mind that you’re now competing with other lenders. Remember, you get what you pay for.

One last thing…
By considering these eight characteristics of
credit management companies, you will be well on your way to choosing the best credit management company for you at the right price. But don’t stop there, continue to gather as much information as possible before investing. I can’t stress enough how valuable review sites are, take a look, it’ll be worth it.