- Joined
- Jul 21, 2019
- Messages
- 43
Rep Bank
$270
$270
User Power: 86%
Has anyone used an appointment setting service? Was it worth it?
I am considering it as an additional avenue for lead generation. Sounds like it boils down to an estimated $20-$30 per lead. That honestly sounds a little too good to be true, so here are some assumptions I will make:
1) Half are probably terrible and not even relevant leads (because the setter is just trying to hit metrics). That brings the cost to between $40-$60 per lead.
2) About 40% of whats left will be 'lookie loos' according to Jordan Belfort in 'The Way Of The Wolf' Chapter 9 'The Art of Prospecting.' Jordan describes 'lookie loos' as non-buyers who act interested and essentially just waste your time. Assuming that these people cannot be closed, that would bring the estimated cost per lead to between $67-$100.
Closing 20% of the remaining leads leaves my break even expected value (profit) at $335-$500 per sale.
Thoughts on those assumptions from anyone who has tried one of these services?
I am considering it as an additional avenue for lead generation. Sounds like it boils down to an estimated $20-$30 per lead. That honestly sounds a little too good to be true, so here are some assumptions I will make:
1) Half are probably terrible and not even relevant leads (because the setter is just trying to hit metrics). That brings the cost to between $40-$60 per lead.
2) About 40% of whats left will be 'lookie loos' according to Jordan Belfort in 'The Way Of The Wolf' Chapter 9 'The Art of Prospecting.' Jordan describes 'lookie loos' as non-buyers who act interested and essentially just waste your time. Assuming that these people cannot be closed, that would bring the estimated cost per lead to between $67-$100.
Closing 20% of the remaining leads leaves my break even expected value (profit) at $335-$500 per sale.
Thoughts on those assumptions from anyone who has tried one of these services?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
