By Admin on Aug 31, 2008 in Search Engine Optimization
matchew318 asked:
Most website I can find ask that you fund then with hundreds of dollars upfront. From what I’ve read about them they sell them 1-2 days after they get them because they sell them to other companies first and when you buy them the people are usually already in the process of another loan.
Most website I can find ask that you fund then with hundreds of dollars upfront. From what I’ve read about them they sell them 1-2 days after they get them because they sell them to other companies first and when you buy them the people are usually already in the process of another loan.
I’m really new in this and can use any advice.
Content
Yes, so you basically have a classic “do it yourself” vs “buy it” problem.
If you understand the value of a qualified lead, in terms of dollars in your pocket on average, and you have the discipline to track and measure the results of each lead source to your personal bottom line, then you can test out various suppliers to see which one works best. That’s one approach. Obviously, you should still check references and do lots of research on each vendor you test. You might also ask these vendors what they would charge to give you exclusive rights to these leads, either permanently or for some time period.
If you go the “generate my own leads” route, you have 2 basic ways to do it: manual labor (cold calling, networking, the traditional stuff) or using ads/marketing to get prospects to come to you. The tradeoff is with manual labor, it’s very slow to build up your business. With the marketing approach, you either have to become very well educated on what works and what doesn’t, or find a service or template to follow.
Here are some resources I’ve heard of, but haven’t used myself
(I have no affiliation with these guys and get no benefit from this)
All of these guys follow the same basic model.
And if you’re interested in the sub-prime business, Scott Tucker has a well-reviewed course on lead gen:
Good luck!
Scott
scott.braden | Sep 3, 2008 | Reply