I often call debt settlement companies and say "we can generate debt settlement leads for you" Usually I am asked what's the price per lead? Debt Settlement companies are needed to look at their CPA (Cost-Per-Acquisition) rather than CPL (Cost-Per-Lead).
In case of Debt Settlement calculating CPA is comparatively more complexed as compared to some other verticals. Actual CPA is what more important.
Let's have a look at an example "X" with some average numbers.
*Total debt is 10,000
*A Debt Settlement Company makes 15% of total debt owed.
*It takes your agents 12 leads to close 1 deal.
*1500/12 = 125 EPL (earnings-per-lead)
Your debt settlement operations of course have some other overheads, potential backend fees, and so on. The basic premise is calculating your loan mod lead ROI.
Now, Let's say you are paying $40/lead and are earning $125/lead, you're seeing more than a 100% ROI.
Yet number of clients balk at $40 for debt settlement lead pricing. The important take-away here, is that it is your final cost per conversion/customer. If you can "buy $20 leads all day long," that's great.. but how many dozen of those does it take you to convert a new customer?
Let's have a look at an another example "Y".
*Total debt is 10,000
*A Debt Settlement Company makes 15% of total debt owed.
*It takes your agents 50 leads to close 1 deal.
*$1500 / 50 = $30 EPL (earnings-per-lead)
Paying $20 to earn $30, your ROI is a whopping 50%, before overhead, backend fees, commissions, and more.
To know more about our debt settlement leads you can fill a form here or can reach us at 718-766-7824.
Showing posts with label debt consolidation leads. Show all posts
Showing posts with label debt consolidation leads. Show all posts
Monday, June 14, 2010
Sunday, June 13, 2010
Debt Settlement Leads
As per the consumer credit report by Federal Reserve total outstanding consumer credit is more than 2440.0 Billions which is the lowest we have seen in last three decades. Out of which revolving are 838.0 are the rest is non revolving. These figures in themselves states that it's the best time to be in debt settlement industry.
There are number of companies in market who sell debt leads however out of those companies there are only few who generate leads by themselves. Majority of debt leads suppliers buy internet leads or aged data from third party vendor (data vendors) and pay huge amount of money, this is where the cost per closed lead goes up. These data vendor sell the same data to different companies several time which means even after paying a big amount of money the end client doesn't get the exclusivity.
At CN Outsourcing Services we guarantee the most competitive price in the market and we can bat on any lead of ours. Let us explain this...
All out lead are generated in house either with the help of our rich content websites or email marketing campaigns so as all the leads are generated in house we have control on the cost of production which results in competitive market prices and as we generate leads in house all of them remain exclusive for life time.
Typical Debt Settlement Lead
Name : Jose Garcia
Address : 1210 N Jefferson street
City : Anaheim
State : CA
ZIP : 95215
Contact Number : 959-858-5985
Alternate Number : 989-598-5855
Cell Phone Number : 989-548-5589
Email ID : j.garcia@gmail.com
Unsecured Debts : 10,000 (minimum)
Monthly Payments : 500
Interest Rate : 10%
Bankruptcy : NO (always)
Already in debt settlement : NO (always)
Monthly Income : 4500
Our clients have 100% flexibility to add of change any filter in leads depending upon their business requirement.
Shoot an email at sales@cnoutsourcingservices.com or fill a short form here with your requirements of debt settlement leads and one of our client relationship manager will get in touch or you can reach us at 718-766-7824.
There are number of companies in market who sell debt leads however out of those companies there are only few who generate leads by themselves. Majority of debt leads suppliers buy internet leads or aged data from third party vendor (data vendors) and pay huge amount of money, this is where the cost per closed lead goes up. These data vendor sell the same data to different companies several time which means even after paying a big amount of money the end client doesn't get the exclusivity.
At CN Outsourcing Services we guarantee the most competitive price in the market and we can bat on any lead of ours. Let us explain this...
All out lead are generated in house either with the help of our rich content websites or email marketing campaigns so as all the leads are generated in house we have control on the cost of production which results in competitive market prices and as we generate leads in house all of them remain exclusive for life time.
Typical Debt Settlement Lead
Name : Jose Garcia
Address : 1210 N Jefferson street
City : Anaheim
State : CA
ZIP : 95215
Contact Number : 959-858-5985
Alternate Number : 989-598-5855
Cell Phone Number : 989-548-5589
Email ID : j.garcia@gmail.com
Unsecured Debts : 10,000 (minimum)
Monthly Payments : 500
Interest Rate : 10%
Bankruptcy : NO (always)
Already in debt settlement : NO (always)
Monthly Income : 4500
Our clients have 100% flexibility to add of change any filter in leads depending upon their business requirement.
Shoot an email at sales@cnoutsourcingservices.com or fill a short form here with your requirements of debt settlement leads and one of our client relationship manager will get in touch or you can reach us at 718-766-7824.
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