Leadpile’s Blog

Texting, emailing, posting on social networks has all been made so much easier and more accessible with the use of Smartphones. Smartphones have made it possible to keep in constant contact without actually having to pick up the phone and speaking to anyone.
According to webpronews.com, there have been increases in people using Smartphone technology to search for local products and services. A recent study showed a large volume of consumers searching in their local areas for movies, restaurants, bars and a smaller volume of people searching for physical items that need to be shipped. Also shown by studies on Smartphone use is it was shown that using mobile devices for viewing or sending video has increased as well as watching or purchasing TV programs and music videos.
Being without your Smartphone can immediately make you feel like you’re lost. Loosing the gateway to instant Internet, email and social media can not only effect your social life, but in today’s world is something than many of us rely on for business as well! Leadpile appreciates the Smartphones, and what it helps us as a company accomplish when everyone is not in front of a computer. What will they come up with next????

Have you ever received a coupon or incentive via email and then forget about it or lost track of it because you didn’t print it right away? Good news! JCPenny has selected a handful of it’s stores to test mobile coupons.
According to ONLINE MEDIA DAILY, 16 JCPenny locations installed “2D” capable scanners at registers that have the capability to read the barcode off the coupon directly from consumer’s cell phones with email capabilities. Customers can download a free application at cellfire.com/jcpenney or by texting “JCP” to 28888 from their cell phone.
JCpenny will be promoting several different incentives to test this during the holiday season. Pending the results of this trial, JCPenny will possibly expand this feature to additional stores.
“Ten million digital coupons were redeemed in the first six months of 2009, up 25% from a year ago.” For the high percentage of Blackberry and iPhone users that have their phones within reach every moment of the day, this could be potentially a great new thing! The incentive to use the coupon could be much greater given that printing, saving, and finding the coupon could be a thing of the past!

I don’t know about you, but can you remember the last time you went to a post office or mailed something? In the wake of email, online banking and other electronic methods of paying bills and communication, our post offices are suffering. MSNBC is stating that our nation’s post offices are looking at a potential loss of $7 billion this year. This means that the ability to operate all these post office locations is in jeopardy. There are nearly 33,000 post office locations and my guess would be the ones that could be in trouble would be the less populated areas. That only makes sense, but I think that we need our post offices to deliver to those that do not have computer access, those that need to still deliver registered letters/packages, and for those that still choose to receive “paper” copies of their bills.
So what is the resolution to this money issue with the post office besides just closing down offices? Could we see mail getting delivered less than 6 days a week? Leadpile and other lead generation companies are not necessarily focused on direct mail, however this is something that we are considering utilizing as a source of lead generation. I don’t really see the post office issue as affecting that decision.

Advertisers are always looking for effective ways to reach consumers, however sometimes it is not always the easiest task to accomplish. If done correctly, email marketing is a cost effective way to reach a large audience in a short amount of time. The biggest trick businesses have to face is getting “that email” delivered in the consumers inbox. Last week JetBlue Airlines utilized email marketing, press releases and partner’s emails to get across a HOT deal they were offering.  JetBlue was offering tickets from NY to San Francisco for $14!  That is unheard of, however it was no joke.  The unfortunate thing was this email and press release blast made the airline sell out quickly (within an hour to be exact). This also created a great buzz about the airline and traveling, and that is what they were looking to accomplish.  What other way can you effectively market something that HOT in such a short amount of time???? According to DMNews, this wasn’t such a bad scenario for the airline to be in…..

Email marketing is also a great way to monetize data.  Leadpile Lead Exchange is very happy to offer TEXT links to it’s lead publishers to use in an email marketing campaign.
Bottom line is… email works!

Much has been written and spoken about Twitter recently.  Some people love it, and others view it as a waste of time.  Also, the lack of a business model that produces revenue has been discussed.  Does Twitter act like email, search, and/or social networking?  The answers currently appear to be no, no, and yes.

This week, the people at Hitwise came out with some research on where people are going after visiting Twitter.  Indications are that Twitter is acting more like social networking than search or email.  Two out of five visitors are visiting social networks or entertainment sites after visiting Twitter.

At this point, very little Twitter traffic is visiting retail sites (search activity) nor is the traffic visiting finance, business or dating sites (email activity).  It appears to be more about social networking and distributing content, especially photo-sharing, than on selling products or services.

Things are sure to change rapidly, but it appears that the monetization of Twitter and its growing traffic is a work in progress.  This potentially huge opportunity is still there for the taking.

LeadPile is excited to announce that we have partnered with RevUpCard for Easy, Instant Commission Payments anywhere in the world!

If you already have a RevUpCard debit MasterCard and would like to start receiving your commissions from us on your RevUpCard, please let us know your Direct Deposit Account Number.

LeadPile RevUpCard MasterCard offers:
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· Offload funds to your Bank Account instantly from your computer, anywhere in the world.
· Receive Funds or Share Funds from or to other RevUpCard Cardholders
· Use your RevUpCard anywhere MasterCard is accepted Worldwide!
· Withdraw cash at millions of ATM’s globally.
· No Overdraft fees!
· Everyone Qualifies Regardless of Credit. Get your RevUpCard today!
· RevUp Rewards Program (coming soon) – Your RevUpCard will be good for up to 50% off on purchases at over 200,000 participating businesses.

Partnering up with Revupcard is going to make getting paid commissions that much easier for our Leadpile sellers!

There is generation “X” and baby boomers that we all hear about, however have you ever heard of Generation “V”? Generation V is the generation of the future… the generation that is dealing with online EVERYTHING. Unlike the other generations, Generation V is not defined by an age, gender, social class or where they live. However, this generation is based on what they can and have achieved, accomplishments, and an increasing desire for the use of digital media channels to discover information and build knowledge. If you are a company that is not online… you better be soon!
According to marketingcharts.com, 80% of generation V will be “lurkers”. These are people that will reap the rewards of the online world. Others are trying to be apart of the online world by participating in the activites such as blog posts, forums, and YouTube. Those is previous years did not do such things to keep an online presence, however this is something that companies need to take a look at when dealing with how they market their company online. Defined demographics of consumers are a way of the past, because it is getting harder and harder to determine those that are online and buying the product.
Companies must change around how their online presence is represented, because so many people are using the internet as their only source for information and other key aspects to their daily lives. Why is it though that many create accounts in places such as dating sites, email providers and blogs, that is not themselves (anonymous)? Are they trying to protect themselves from people knowing who they really are? Not sure on why Generation V does this, but we will see how much more the online world really affects various things such as retail, dating, lead generation and other up and coming industries.
I have to say the publishers I work with in the Leadpile Lead Exchange are mostly going to be considered Genration V. These are people that live, breath and do everything around the internet.
We welcome all generations to our marketplace, but I have a feeling there will be much more Generation V making up the Leadpile Lead Exchange!

Publishers are spending a lot of money on PPC campaigns through Google AdWords.  Have you ever researched the cost of producing a real time quality lead? Depending on the vertical, it can get really expensive, especially if you are looking for quality and genuine interest.

Capturing a name, number, email, address, best time to call, can get really expensive. If you want to target geographically, by zip or state, it will increase your price and lower the amount of traffic you are getting. A lead can be really inexpensive, if you are just capturing email address, and you incentivize it, but if you are looking to attract customers that are genuinely interested in your service, its not going to be .20 cents or .50 cents, it will be way more expensive. You can expect prices as these if you are looking for lists, but why would you do that when you have the Yellow Pages and costs you nothing. You can definitely get leads for such a price, but those will be leads that are generated from the yellow pages, or aged data (lists) of consumers that showed an interest in your service years ago.  So what is the price for a good, real time, exclusive leads? It depends, it can be very expensive, depending how competitive is your vertical.  You will get what you are paying for. In other words, you are going to be happy with the return on your investment (ROI).

Advertisers have to consider that publishers or lead exchanges are eating the cost of any leads that are invalid.  Paying anywhere between .25 to $1.50 per click, or even $15, does not guarantee a conversion. Even if we get a conversion, it will not necessarily mean that you, as a buyer, will accept the lead. If you are a Debt Settlement buyer, you might want only want $15,000 and above in Unsecured Debt, which will significantly increase the price to produce that lead. 

Lead exchanges welcome advertisers to join the marketplace to HOST their offers. Paying the right price for the lead, working with the lead exchange to optimize your campaign and filter the lead sources, will ensure a successful campaign for you, as a buyer, and for the Lead Exchange and its publishers. 

Think of it this way, lets say you need to travel to a different state.  Would you rather rent a bike or a car? By renting a bike, you will save money on gas and get in a better shape If you are concerned about the time you need to get to your destination, this will not work too well for you, and renting a car might be more suited for you. Time is money, and we all know it very well.

Make great choices and you will see more money coming into your business! Buy quality, real time exclusive leads, and you can be assured that Leadpile will be on your side from start to end! Pay the price that they are worth and you will get the satisfaction that you are searching for!

Leadpile’s Motto: “Good is the Enemy of Great!” – Jim Collins, Good to Great

Our “normal” communication is blocked so many times when we send emails to each other, and the email has become a struggle for all of us. Not only that we need to watch for all the spam messages to see if there is anything we missed in there, but we need to watch out for what we say in the body of our email. For example, it appears that SPAM Assassin is looking inside your body for “Hey Bro”, and if they find it, you are most likely to end up in your friend’s SPAM folder. Now, how many times are we using that, or “Dear (something)”, and even “Oprah”? Gosh… this can get really crazy!

Leadpile is looking into these things and more, because we are doing everything in our power to fight SPAM and set standards inside the Lead Exchanges. We also learned to CALL every time and not rely on the email, as it can mean “loss of business”. 

To build your business you must come up with ways to bring in new clients, however each business will have their own “right” way of generating this new business. A few options businesses have is to work with list brokers and to work with lead exchanges.
List brokers are companies that gather data of things such as home owners, consumers information in certain geographic regions, fax numbers, email lists, businesses and many many more. These are lists of people or businesses that meet the specific requirements the business is looking for.
Lead exchanges are a common platform for buyers AND sellers of WEB based leads. These are consumers specifically looking for a particular product or service.

The biggest difference amongst these two sources, of generating business, is the consumer/business is expressing the interest in something. They are “opting in” to receive more information about the particular product or service. Things such as the Do Not Call list do not apply to these consumers that are filling out a request for information. However, list brokers are dealing with general lists and MUST be scrubbed with the Do Not Call Registry. Those that are purchasing lists for various email marketing, SMS marketing, or other advertising purposes need to make sure that they are scrubbing their lists, to prevent any penalties being enforced.

Purchasing leads that are very targeted, real time, exclusive, and consumers/businesses that are WANTING information is probably going to show more success. One is like working a “warm” lead VS a “cold” lead. Why not call someone who wanted your product or service VS trying to add the extra step of trying to hard sell a consumer, and then have to deal with a potential longer sales process?
Leadpile Lead Exchange works with intelligent advertisers who know working with high quality web based leads, produces a higher return on their investment, versus buying lists and making the “cold” calls.

If 85% to 95% of all emails being handled by the ISPs represent spam which mostly are unwanted messages abusively and indiscriminately sent by unscrupulous marketers or scam artists, and the costs associated with the necessary bandwidth and network maintenance are supported by the ISPs, which in turn get paid by everyone that’s using the internet one way or another, then spammers are really picking our pockets.

Someone has to pay for creating and supporting the infrastructure required by 100 BILLION SPAM emails PER DAY!!! And that’s not cheap: the estimated costs were about $100 BILLION in 2007. So with 1,412,489,652 internet users worldwide (http://www.internetworldstats.com/stats.htm) and $100 billion in money spent/lost in connection with the spam, it comes to about $70.79 per person using the internet per year.

Incredibly, about 80% of all spam is sent by fewer than 200 spammers (http://en.wikipedia.org/wiki/E-mail_spam), which would mean that each spammer steals nearly $500 MILLION per year from everybody else. Now is that grand theft or what? If a bank had HALF A BILLION stolen by 200 different people in a year I would tend to believe these people would be caught pretty fast.

LeadGen companies and Publishers that specialize in internet marketing do need to have an ethical conduct and refrain from spamming. LeadPile has built its reputation as a lead marketplace / exchange that strictly prohibits the practice of spam or any other abusive or deceptive marketing methods. All marketplace participants have to abide by strict rules which ensure that consumers are protected, and the lead exchange continues to grow based on the benefits it brings to consumers, lead buyers (advertisers) and lead sellers (publishers). All accounts have a dedicated account manager who is in constant communication with lead sellers and our quality control division is closely monitoring the leads production. Confidence in using the LeadPile Lead Exchange is critical to its success and the marketplace proved to be incredibly successful at attracting both quality lead sellers and lead buyers (http://www.reuters.com/article/pressRelease/idUS215372+06-May-2008+MW20080506).

We ALL know those lovely dancing people in the Lower My Bills advertisements. Unique online advertising that promotes consumers to click on their animated banners. Anyone in the mortgage world who has ever bought leads, has probably at some point or another purchased leads from this company. In recent weeks, I have been writing some various posts about different aspects of our economy and how it seems to be affecting different online companies.
Who would have ever thought there would be an affect on such a large company as Lower My Bills.  It appears that it has.
LMB it seems is now getting into remarketing through email campaigns?  They weren’t doing this already? From what I read they were not.  So what could be the reasoning behind something like this? Was there never a need to remarket because the payouts on selling leads multiple times was enough to satisfy them? Has business slowed down so much that they need to remarket their database to generate new online activity (new leads, clicks, better EPL etc)? Maybe the cost for online marketing is too costly for them, and they need to come up with lower cost ways to generate leads?
No matter what the reason is, there seems to be not one industry or company that is not some how affected by what is going on in our economy.
Companies must start thinking outside the box in order to come up with more efficient ways to generate business at a lower cost.  Email marketing seems to be the answer for Lower My Bills, so what are other companies going to do to adjust and stay afloat?
I HOPE THAT DOESN’T MEAN THE DANCING PEOPLE BANNERS ARE GOING TO GO BYE BYE……..