In Market Alerts

Would you like to be notified (In Market Alerts) any time one of your clients are proposing to do business with one of your competitors?

Would being notified of this help to preserve your current client base?

Do you think it is smart to go after the "low hanging fruit" first?

If you answered "Yes" to any of these questions, then read on please.

The most cost-effective way to retain and cross-sell your customers.

Know when your customers are “in the market”

• Significantly minimizes customer attrition
• Accelerates cross-sell opportunities

Monitor databases for “in market alerts” opportunities

• Current and past customers
• Active and dormant leads
• Past declines and unqualified prospects
• Affinity files

Average Cost per Acquisition (CPA) is less than $100

• Includes marketing fulfillment

How It Works:

Simple, Quick and Automated

▸Step 1:  Customer files are uploaded into the platform for monitoring

▸Step 2:  Inquiries matched against customer files to identify active shoppers

▸Step 3:  Pre-screened for credit worthiness using your pre-established criteria

▸Step 4:  Qualified active shoppers are delivered back to you for immediate marketing action

Challenge:

• Difficult market for acquisition of new customers
• Needed to identify those customers that are shopping with other lenders

Solution:

• Cross-referenced client portfolio with credit files
• Identified customers with “hard” inquiries
• Qualified customers who received firm offers of credit

Results:

• Customer retention improved by 300%
• Found those 2.5 times more likely to request a payoff
• 2% of portfolio triggered monthly

30 day historical match rates based on inquiry type and number of bureaus.

Opportunity Analysis ▸ Let us Show You the Impact

We will ‘market size’ your ROI expectations with in-depth analysis on:    

• How many of your customers qualify for your product by state
• How many of your customers are shopping for one of five products:  Mortgage, Auto, Bankcard, or Insurance.            

Qualification*

• Records Input                250,000  
• Inquiry Matches              19,500  
• Pass Criteria                     9,504

Inquiry Type Distribution

   Loan Inquiry Type  30-Day Volume  

• Mortgage           8,000
• Auto                   4,000
• Bankcard           4,000
• Insurance           3,500

* Qualification results based on 30-day Volume assuming two-thirds will pass credit criteria.

Available for the Mortgage, Automotive and Insurance Industries.

Please contact us for a Free Market Analysis and let us show you how you can make more money for less increasing your ROI substantially by using In Market Alerts.

We will also be happy to provide pricing and more information about how this solution will increase your sales production and preserve your current client base.

Contact Brokers Data

Click the "Request A Quick Quote" icon below for Fastest Service. A representative from Brokers Data Inc. will be assigned to follow up with you as soon as possible, M-F  9am to 6pm EST.

You may also call us at (800) 884-7507 during normal business hours. Your information is always kept completely confidential.

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