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FTC Enforcing Robocall Ruling

May 03, 2010 By: Mari Woods Holt Category: Lead Exchange

The FTC is taking their recent ruling very seriously with regards to making sure companies are abiding by the telemarketing robocall rules. Recently, the FTC slapped a fine against Talbots for conducting robocalls without the ability for the consumers to opt out. In December 2008 the Telemarketing Sales Rule (TSR) was enacted to prevent this sort of thing from happening. Unfortunately, the procedures Talbots (and it’s call center) were doing, did not agree with the TSR requirements.
This sort of fine being slapped against companies is probably something we will all see more of. The bottom line with this is if you are not following the rules with regards to the telemarketing guidelines, you will be facing fines also. If you are wanting to effectively run a telemaketing campaign, you better do it the right way or your company will be the next one dishing out money to the government. Is it really worth it??

Leadpile & Live Transfer Payday Loan Leads

March 03, 2010 By: Mari Woods Holt Category: Financial, Lead Exchange, Microlending Leads

It is official…. Leadpile has teamed up with Payday loan lenders to help deliver real time, qualified, payday loan customers to their institutions. In an effort to try and connect as many people as we can with the payday loan lenders, we have rolled out the “NEW” payday loan live transfers.
Business rules/filters we will capture before transferring the payday loan customer:

1. State the customer lives in.
2. Do they have a checking or savings account, if so which one?
3. How many outstanding payday loan(s) does the customer have?
4. Other filters such as the consumer’s income, do they have direct deposit, or employed by military and more!

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If you are a payday lender and looking for unique consumers transferred to you, simply contact us and we will help you connect with those consumers that are needing a payday loan.

Robocalls Are No Longer Legal

September 04, 2009 By: Mari Woods Holt Category: Auto Lead Exchange, Financial, Lead Exchange, Lead Generation, Lead Verticals

In a previous blog post, I discussed the FTC cracking down on those that were making “robocalls” to consumers. These were calls where a computerized message was placed to consumers about things such as car warranties. Well now it is official- The FTC (Fair Trade Commission) has enacted new rules forbidding the prerecorded commercial telemarketing calls to consumers without written permission from the consumer. These calls being eliminated has created a lot more buzz for internet generated leads, because now businesses need to get the most targeted people they can for their buck. A perfect example of this is the car warranty leads. The car warranty industry was very much involved in having these pre recorded calls placed to consumers to drum up business. Now that this is illegal, many advertisers are reaching out to companies like Leadpile for the targeted car warranty leads where the consumer physically opted in for information about a car warranty. Other verticals like debt and repairing your credit are services that were using robo type of calls and will be counting more on people like us to get these targeted consumers.
The ironic thing that just happened to me. I just received a robocall from a lender wanting to try and modify my home loan. Unfortunately, I tried to get a live person on the phone and was unsuccessful. I guess these new FTC rules didn’t scare everyone.

FTC Cracking Down On Illegal Marketing Practices

May 15, 2009 By: Mari Woods Holt Category: Lead Exchange

Has your cell phone or your landline rang many times in recent months, with you only to answer and there is a computerized extended car warranty recording?  I know I experienced this call many times to the point of annoyance.  Well, it appears that there are many other people, 4,000+ complaints to be exact according to DMNews, and now it seems the FTC (Fair Trade Commission) is involved.
There are potentially a lot of issues here with what this company is doing. First, there is the violation of the Do Not Call List and also potentially offering a phony product. The FTC is actively working on stopping this illegal marketing while the court case proceeds.
Working with all sorts of marketing methods, Leadpile Lead Exchange is very much concerned about who it works with and what those partners are doing to generate leads. We would certainly never condone this sort of illegal method of generating traffic/leads. With all these new technological ways to do marketing, the FTC is probably going to have it’s hands full in the years to come. Use the phone as a potential source of generating business, HOWEVER do it the legal way!

lead exchange FTC Cracking Down On Illegal Marketing Practices