Vemo Leads

[BKrocko]

Re: Anyone tried vimo telephone transfers?

However, for ROI purposes even 1 out of 10 works out great - even at $25 a pop:

$25 X 10 leads = $250
Average AV is $3,000 X 20% = $600
Net = $350
$350 X 5 = $1,750 or $91,000 a year and you don't have to pick up the phone and spend the day hunting down people who don't want to speak with you. Not too shabby at all and I'll look into this for myself. Bottom line is it sounds like a great program. You basically cannot lose - unless you can't close anyone

Using John's numbers, but looking at it "As Earned", the numbers will show profit but at a much slower pace.

VIMO lead cost = $25 x 10 = $250/day x 5 days/wk = $1250/wk x 4 wk/mth = $5000/mth marketing costs.

$3000/yr AV x .20 = $600 comm/yr ÷ 12 mth = $50/mth x 20 sales/mth = $1000/mth. = Month 1 = $4K in the red.

Income from month 1 = $1K & assuming the same numbers = $2K end of month 2. Marketing costs are still $5K/mth, so now you are $7K in the red $4K (1) + $3K (2) for marketing costs.

Month 3 = income $2K + $1K = $3K monthly income & another $2K in the red marketing costs. Total thus far for marketing is $9K in the red.

Month 4 = $4K income, 10K in the red, Month 5 = $5K income, $10K red, Month 6 = $6K income, $9K red, Month 7 = $7K income, $7K red, Month 8 = $8K income, $4K red, Month 9 = $9K income, break even point.

Month 10 = $10K income, $5K profit, Month 11 = $11K income, $6K profit, Month 12 = $12K income, $7K profit. After that, you can figure it out using residuals etc.

The point is, it would be very difficult to do as earned. John and I spoke and it only makes sense to do using an advance commission. Of course, this is assuming that you could even get 10 leads/day from VIMO and only closing 1 out of 10. It is also not taking into account the marketing you do on your own to generate additional sales.





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[CHUMPS FROM OXFORD]

Re: Anyone tried vimo telephone transfers?

I have been using VIMO for about 3 days (I put my NetQuote account on hold). I was able to get a $65 free credit.

Very early, but leads are good so far. A lot of undisclosed medical conditions, but maybe that is not VIMO's fault.

RE the live transfers, unfortunately, Ohio has extremely low rates (average monthly premium is about $160 per lead), so I will have to weigh the $25 fee vs. the $7.50 normal fee. Plus...I am always on the phone servicing thousands of clients.

 

[Crabcake Johnny]

Re: Anyone tried vimo telephone transfers?

Not bad, and you could market in many states to get more transfers.

 

[CHUMPS FROM OXFORD]

Re: Anyone tried vimo telephone transfers?

True. I think I'm going to check what states have the highest premium. NJ?

Hmmm...then I can't use my "local agent" schpeel any more.

 

[joshril]

Re: Anyone tried vimo telephone transfers?

Do you guys think these will still be priced based sells? I mean if these people are shopping on Vimo, why not everywhere else.

 

[sunmed]

Re: Anyone tried vimo telephone transfers?

After reading some of the posts regarding Vimos' live transfers, I think I may be interested as well. I like the idea of maybe some sort of discount for Forum Members I'm getting tierd of the same ol' bs with most of the internet shared leads. I'd like to try something different.

 

[CHUMPS FROM OXFORD]

Re: Anyone tried vimo telephone transfers?

All this sounds good. I bet the Health benefits and GR boiler room operations use it. 50/50 odds that the guy who answers the phone is from Florida!

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[Crabcake Johnny]

Re: Anyone tried vimo telephone transfers?

Do you guys think these will still be priced based sells? I mean if these people are shopping on Vimo, why not everywhere else.

Yes - it'll be price based. The only way it's not price based is talking to business owners who currently have high premiums and good health and they ain't gonna go online and type in their address and phone number.

I run some quotes for things like airfare and hotels since we like vacations. Never in a million years would I type in my address and phone number - I just want to see rates. That's one reason Ehealth does so well - all the person has to do is put in DOB and zip and they get quotes.

Rule is anyone putting in that kind of personal info isn't the sharpest tack in the box. There are always exceptions.

 

[CHUMPS FROM OXFORD]

Re: Anyone tried vimo telephone transfers?

"all the person has to do is DOB and zip and they get quotes"

Yep...and the guy that's 6-0 265 with HBP gets a preferred rate. I'm assuming that when he applies for covergae, he still doesn't know the rate will end up being higher...unless he calls them before submitting an app.

 

[somarco]

Re: Anyone tried vimo telephone transfers?

brokers are closing 25%

Bull crap!