NetQuoteLeads

[moonlightandmargaritas]

Here is what I got for the month of April. 26 leads sent to me. out of those I was only able to get 3 to answer the phone.

This kind of action will tell you that they are oversold, people stop answering the phone. Did you send any creative emails trying to make a connection (not ones that say "Your Life Insurance Quotes")?

By the way I have been in sales for over 30 years and sold everthing from sewing machines door to door to mortgages.

Insurance is a HUGE intangible that isn't analogous to sewing machines, mortgages, or ANY tangible.

I don't know how they sleep at night. It looks like to me there is this mind set with some of the companies or the the Master groups to snag the newbies and run them till they suck every penney out of them. Then move onto the next sucker.

Yup, exactly, so many "newbies" in this economy, they can get fat. They don't have to sleep at night...they've got your money.

My big complaint is that bad phone number alone is not good enough for credit...

My experience is that this is negotiable...did you ask? Caveat emptor baby.

People can think they are creating a bogus email and it can be good and the people just delete your messages so you can't request credits

What makes you think that the prospect cares whether you can get a credit or not? It goes with the territory man.

My main complaint with NQ is that uninsurables are NOT credited.

Then why do you continue to spend money with them?

 

[TXINSURANCE]

My big complaint is that bad phone number alone is not good enough for credit...the email must bounce back as well..

That is not acceptable - I question how it is even permissible, but I guess they can do as they please. You are supposed to be buying a valid contact, if phone number is bad that is not valid.

Buy from someone else.

 

[Justin Bilyj]

I cant wait to the day some agent goes on a rampage with these lead vendors....then they will think again before fuc%#$ with us....

 

[SoundsGood]

You are supposed to be buying a valid contact, if phone number is bad that is not valid.

Yep, I agree. That's a bad policy, for sure. You should (at the very least) get some kind of credit.

 

[moonlightandmargaritas]

Like any other innovation - the early adapters got the best deal then the innovation became exploitation and now the golden goose will be dead soon.

Excellent observation. On point.

 

[SportsNut]

Netquote, Hometownleads, insureme.com - they are all horrible. All the noobs use them - with auto quoting:

Not enough info to quote
Can't get ahold of the lead
If you don't get ahold of them within the first five minutes, they have been so swamped by phone calls that they have stopped answering the phone.
Most are simply checking price or shopping for one auto only.
Like any other innovation - the early adapters got the best deal then the innovation became exploitation and now the golden goose will be dead soon.

BUT... some of these same ppl as you mention above are buying ins from me, in spite of all the reasons you gave. And yes, those are all valid, but the fact remains that these folks ARE thinking about ins for one reason or another. Likely a better contact than those who hadn't thought about it much lately.

Ours is NOT to question WHY... but to ask WHY NOT (me)....? (adapted slightly by SN)

 

[Googly Moogly]

I wonder if you could change the expiration date on your credit card....would that kick back the invoice as invalid?

I was totally lied to from this company. Said I could try the first 15 and sign up for 90 but did not have to buy any leads if the first 15 did not work correctly.

 

[russelltw]

Netquote, Hometownleads, insureme.com - they are all horrible. All the noobs use them - with auto quoting:

Not enough info to quote
Can't get ahold of the lead
If you don't get ahold of them within the first five minutes, they have been so swamped by phone calls that they have stopped answering the phone.
Most are simply checking price or shopping for one auto only.
Like any other innovation - the early adapters got the best deal then the innovation became exploitation and now the golden goose will be dead soon.

No offense Greenman, but I use one of those and have done well this year with them. It's all about how your work the lead. I don't have my numbers this year, but ROI for last 6 months of 2008 was spend $1, make $5.02.

I will do that all day long.

The one thing that made a difference was understand where the lead was in the buying cycle (info gathering, comparing, ready to apply). Very few I sell on the first call. Most are sold a few days later or up to a few months later. You have to learn when they need the coverage. Like was said above, at least they are interested. You could stand out on the street corner and yell "I sell health insurance." It may work, but you have to see a lot of people, leads let you narrow your focus to those who are thinking about insurance.

That reminds me of my old sales manager at Merrill. Everything works, but nothing works great.

 

[EFLTEACHER]

No offense Greenman, but I use one of those and have done well this year with them. It's all about how your work the lead. I don't have my numbers this year, but ROI for last 6 months of 2008 was spend $1, make $5.02.

I will do that all day long.

The one thing that made a difference was understand where the lead was in the buying cycle (info gathering, comparing, ready to apply). Very few I sell on the first call. Most are sold a few days later or up to a few months later. You have to learn when they need the coverage. Like was said above, at least they are interested. You could stand out on the street corner and yell "I sell health insurance." It may work, but you have to see a lot of people, leads let you narrow your focus to those who are thinking about insurance.

That reminds me of my old sales manager at Merrill. Everything works, but nothing works great.

That is exceptional to sell on a callback. Great work, but most salespeople are going to have tough time on a callback.

I understand that if you are on a roll, you are on a roll; but a new person is not.

 

[Norwayguy]

I wonder if you could change the expiration date on your credit card....would that kick back the invoice as invalid?

I was totally lied to from this company. Said I could try the first 15 and sign up for 90 but did not have to buy any leads if the first 15 did not work correctly.

Googly Moogly, netquote as explained to me is that you can get 15 free leads but they must be taken in the first 30 days you are contractually obligated to remain on system for 90 days then you can request a cancel which they have 2 weeks to apply and you are stuck buying leads the entire time...What you can do is change the zip codes you are taking to 1 really small town which is what I have done....My biggest problem with Netquote is working your tail off to reach people that only put in the request because they would get points or something else and had no interest in the quote which totally destroys the consumer search driven request that they sell you on...and since there are many people you never reach you wonder how many more bogus leads you purchased...also they state they verify the phone number so on my first out of service number I called and then was told they verify that the area code and exchange are valid for the address and a bad phone number alone is not good enough to get credit the email must also bounce back.