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10-11-2023, 01:55 PM #1
Reputation points: 63
- Join Date
- Jul 2023
- Posts
- 8
95% of leads were either not qualified or completely oblivious to whatever it was they filled out to receive the call
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10-12-2023, 11:00 AM #2
Reputation points: 13711
- Join Date
- Apr 2015
- Posts
- 228
If that's about our leads, then what you're saying is most likely the issue.
When you call do you say i got your info from popcrumbs?
when you bought landfall did you say i got your name from landfall?
No one knows the lead company names, how you approach the lead matters greatly, seems your approach isn't matching up
25+ years of lead gen 9+ in MCA tell me your outreach is the issue given the responses you gave but hey what do i know, all lead companies suck
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10-13-2023, 10:49 AM #3
Reputation points: 63
- Join Date
- Jul 2023
- Posts
- 8
The approach was not tied to where we got their information we approached them as we should prospective borrowers offering our consultation. I understand you are trying to save grace by insinuating we are the problem but that is not the case we've been in the Merchant Cash Advance world for the last ten years check our website Lendmarkcapitalgroup.com(nothing fancy) but as you can see we are not newbies to the industry and the prospects given to us had no chance of funding mostly because of being disqualified... I can go through the list given and show that a good % of them didn't even have business checking accounts nevertheless the cash flow to support expensive money.
Last edited by EFlo718; 10-13-2023 at 10:58 AM.
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10-13-2023, 10:59 AM #4
Reputation points: 63
- Join Date
- Jul 2023
- Posts
- 8
The approach was not tied to where we got their information we approached them as we should prospective borrowers offering our consultation. I understand you are trying to save grace by insinuating we are the problem but that is not the case we've been in the Merchant Cash Advance world for the last ten years check our website Lendmarkcapitalgroup.com(nothing fancy) but as you can see we are not newbies to the industry and the prospects given to us had no chance of funding mostly because of being disqualified... I can go through the list given and show that a good % of them didn't even have business checking accounts nevertheless the cash flow to support expensive money.
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10-13-2023, 11:31 AM #5
Reputation points: 15523
- Join Date
- Mar 2020
- Posts
- 133
This was my experience with PopCrumbs as well. My approval rate with their leads was sub 20%. They've been around for a while so it stands to reason that there are people who like their product and it's possible that we were only able to get the sub par merchants to send their packages in to us based off of our process being inferior in some way.
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10-13-2023, 12:08 PM #6
Reputation points: 17908
- Join Date
- Oct 2016
- Posts
- 71
I had the same experience with Popcrumbs, actually worse, probably around 10%.
If you are purchasing a lead/data that is sold as a potential client that completed a webform / requested more information about funding for their business, you expect the majority of the people you speak with to at least be in buisiness and have actually completed the alleged webform. That was not the case. The majority of prospects did not have a business, never completed any alleged webform, business was closed for years, made less than $10k a month, etc....
It is always easy for the lead provider to blame fault on the purchaser for their approach and that may be true at times if the purchaser was actually delievered what the lead/data was advertised to be. Regardless of the approach, the leads/data are not anything remotely close to what they are advertised to be....
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10-13-2023, 12:53 PM #7
Reputation points: 13711
- Join Date
- Apr 2015
- Posts
- 228
message me id like to see what the issue was here. or post your company name so i can look in to what you received.
We spend a lot of money on facebook, google, tiktok and X, youre going to get your fair share of losers who dont qualify. Happens with all ad campaigns, but we expect that you'll see a positive ROI despite the handful of people who deceive on the form to get a call back
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10-13-2023, 12:43 PM #8
Reputation points: 13711
- Join Date
- Apr 2015
- Posts
- 228
its also possible that our leads dont work for you. they are leads, its not a factory where you put materials in a machine and it spits the same product every time.
Everyone isnt the same, the advertising needs to line up to your pitch and vice versa.
Some people may naturally appeal to red headed men over 50 while others dont. Just is what it is.
The point my original post made is if you have the issue with everyone, then you should look at whats wrong with the common denominator.
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10-13-2023, 12:40 PM #9
Reputation points: 13711
- Join Date
- Apr 2015
- Posts
- 228
Your approach matters, people need to see the connection to why youre calling, its not a UCC where there was no intent on the user, they are expecting a call back from the site they applied on.
i see you bought leads over a year ago. 100 of them with 25K or more in sales, we also added some free leads for buying the 100 it looks like. Its possible they didnt have bank accounts, in the start of 2023 we added a question to qualify that and saw 30% of applicants dont have a business bank account. Were always improving our lead collection.
I stand by the approach matters the most, as well as a partnership when you buy leads. Lead companies like myself we don't make money on 1 or 2 orders, our money is made on long term clients, in order for that to happen you have to have success. The clients with the most success are not really clients but partners who share back their results closes and wins so we can work towards directing our advertising there for them, some are way to adversarial in their dealing with service providers to ever see how far a good relationship goesLast edited by PopCrumbs; 10-13-2023 at 01:14 PM.
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