[MCNetwork]

Are 3-10 deals per 100 leads the norm in this business?

I'd say 3-5 deals funded per 100 leads is the norm. If I funded 10 per 100 I'd be ecstatic! If I had a budget of $3500 for lead generation, I'd probably buy a bunch of internet-based leads. You'd probably get around 70 leads and you better hope to fund at least 5!

[Ryan Shiroky]

I'd say 3-5 deals funded per 100 leads is the norm. If I funded 10 per 100 I'd be ecstatic! If I had a budget of $3500 for lead generation, I'd probably buy a bunch of internet-based leads. You'd probably get around 70 leads and you better hope to fund at least 5!

Are you referring to sources like Lendio?

[Just Curious]

Are you referring to sources like Lendio?

This is according to Meridian in reference to their Pay Per Call Direct Mail.

[Ryan Shiroky]

This is according to Meridian in reference to their Pay Per Call Direct Mail.

I understand that, I was asking MCNetwork about "internet-based" leads...