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Dialing Prime
162 Posts |
Posted - 01/18/2008 : 06:30:48 AM
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First I would like to start by acknowledging Terry and his thread "Arms, Magic Dust & Misinformation". His thread inspired this one. You can find his thread here: http://www.brokeroutpost.com/loans/brokers/forum/topic.asp?TOPIC_ID=121153
The key audience for this thread is the same audience Terry was targeting...
- New Lo's to the business
- LO's with a limited marketing budget
- ...LO's that can't afford to screw up
THERE WILL BE NOT EARTH SHATERING SECRETS. THIS IS ALL COMMON SENSE.
On this forum you will find many reputable dialer providers including: - Best Rate Referrals
- Five9
- SolusOne
- BrokersMojo
- ..etc
As witnessed by other BO members’ posts these providers rarely have complaints about their dialers (if ever) and conduct their business in a fair and ethical manner.
So... WHY WOULD I LIST THE "COMPETITION" AND GIVE THEM CREDIT IN MY OWN ADVERTISING THREAD?!
I acknowledge these other providers because they are not my "competition". My firms’ core service always has been and forever will remain contract mortgage processing.
Prime Processors, Inc. began assisting our clients with marketing at the start of the "mortgage slowdown". Clients who never had to rely on mailers, cold calling or any other form of mass marketing started having their pipelines evaporate and began to revaluate their business models. Because of the level of confidence our clients had in Prime Processors they asked us to provide referrals to reputable vendors for services like leads, dialers, mailers, etc. and we set to the task of finding the best value for our clients.
OUR CLIENTS HAVE SEEN THE BEST MARKETING ROI BY THE USE OF DIALERS AND COLD CALLING
However, we started to notice a pattern with our clients that were using hosted dialers. Many would sign up with a hosted dialer provider, purchase a list, start dialing and then would quit cold calling after a month.
WHY?
Pride prevented some from being completely upfront with us at first, but the more we inquired the same story emerged.
While cold calling is effective... it *****. It was a last ditch marketing effort for many. They were taking their last thousand dollars and investing in a list and the dialer. Because dialing was new to them they became discouraged after several hours of dialing without "solid results" and quit or would only dial a few hours a week.
When it came time to renew their hosted dialer plan they looked back at the time they spent making calls, the number of applications generated and the cost to run the campaign. Their per hour costs were running anywhere from $25 - $100 per hour.
WHY?
HOSTED DIALER COMPANIES MAKE MONEY WHEN YOU DON'T DIAL
Now I'm not saying that these providers are just trying to sign you up to use their dialer, hope you don't call so that they can maximize their ROI and have no vested interest in your success, because that's simply not true. They want you to succeed and continue to use their services and refer other brokers to them as well.
BUT...
It is true that the ROI for a dialer company is tied to your usage (or lack thereof) of the dialer. For Example: Let's say that you lease a dialer for $300 a month unlimited. Let's assume you only use the dialer 10 hours during the month. Simple math. Your hourly cost just for the dialer is $100. Say you use the dialer 100 hours during the month (about 3 hours a day mon-sun). Your per hour cost is $3.00.
Now let's assume that the provider per min long distance cost is $0.03 per min. That's a fixed per hour cost of about $1.80. No matter how much you use the dialer the providers cost is generally fixed (there are some slight variations).
DO YOU SEE HOW THIS WORKS NOW?
If you only dial 10 hours in a month it cost you $300 and the time cost the provider in the neighborhood of $18.
If you dial for 100 hours in a month it cost you $300 and the time cost the provider in the neighborhood of $180.
WHAT IS THE BOTTOM LINE?
It's simple. If you are part of the target group. - A New Lo to the business
- New to cold calling
- An LO with a limited marketing budget
- Or an LO that can't afford to screw up
Prime Processors has a cost effective option for you:
HOSTED DIALER SERVICES $250 per seat Unlimited
OR
$2.50 per hour
OR
If you need to make over 20,000 dials a day buy your own system for $2,500
AND
We offer the same FREE trial time like everyone else. That way you don't commit to our service until you are sure it meets your quality expectations.
You can contact John Tattan at 407-877-0093 Ext. 303 (jtattan @ closingprime.com) to get started with your free trial.
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Managing Prime
1988 Posts |
Posted - 01/21/2008 : 10:25:53 AM
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| Thank you for the support Donald. If you would like to try out the service you can contact John Tattan (Dialing Prime). Any technical questions can be directed to me. |
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Managing Prime
1988 Posts |
Posted - 01/22/2008 : 06:43:21 AM
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| Great. I would be interested in some commercial projects. |
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Refiman
39 Posts |
Posted - 01/25/2008 : 10:45:55 PM
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| This dialer is amazing. I have done some research and have used 3 hosted dialer services. I thought I found "the one" until I ran in to this. You can't beat the cost. Quality is perfect. My team has quite a few hours credited on another service and are walking away from them to use this. Patrick and John, thanks for all the help getting my team going on this! |
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Managing Prime
1988 Posts |
Posted - 01/26/2008 : 09:11:18 AM
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quote: <i>Originally posted by Refiman</i> <br />This dialer is amazing. I have done some research and have used 3 hosted dialer services. I thought I found "the one" until I ran in to this. You can't beat the cost. Quality is perfect. My team has quite a few hours credited on another service and are walking away from them to use this. Patrick and John, thanks for all the help getting my team going on this!
Our First BO Testimonial!!
Thank you Chris. |
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edbates
75 Posts |
Posted - 01/31/2008 : 6:02:07 PM
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John, Just sent you an email. Would like to look into the dialer. Thanks |
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Managing Prime
1988 Posts |
Posted - 01/31/2008 : 8:18:00 PM
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That's great. I belive that John has already sent you a welcome email.
quote: Originally posted by edbates
John, Just sent you an email. Would like to look into the dialer. Thanks
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buckeyes1083
30 Posts |
Posted - 02/04/2008 : 6:59:21 PM
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| Do you supply call lists with your service? Also do you have alternate lead sources that can be purchased to load in your dialer? |
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Managing Prime
1988 Posts |
Posted - 02/04/2008 : 7:36:58 PM
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We don't provide the data, instead we point you in the direction of providers like Direct Marketing Association members that have a good reputation, listsource.com, experiandataselect.com, members of the Brokeroutpost like Eliemae Financial and others depending upon your budget and target market.
If you don't have the time or inclination to contact there providers for your list we can do it for you for a 10% handling fee.
quote: Originally posted by buckeyes1083
Do you supply call lists with your service? Also do you have alternate lead sources that can be purchased to load in your dialer?
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adana14
168 Posts |
Posted - 02/12/2008 : 3:02:48 PM
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| I am very interested on this, can you send me some info? And I was trying to call but only got a voicemail. |
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Managing Prime
1988 Posts |
Posted - 02/13/2008 : 6:24:18 PM
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| Hummm...I think John needs to get as busy as I am....BUMP. |
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jdelmare
4 Posts |
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Managing Prime
1988 Posts |
Posted - 02/29/2008 : 7:00:28 PM
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Wow. I feel so much worse that you are dissapointed in me. I would rather you be angry...or jealous.  |
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