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I can generate leads - Which niche to target?

Discussion in 'Business & Startup Investing' started by Chris., 22nd Apr, 2014.

  1. Chris.

    Chris. New Member

    Joined:
    22nd Apr, 2014
    Posts:
    1
    Location:
    Melbourne
    Hi everyone,

    I hope I'm posting this in an appropriate section of the forum.

    I'm doing some research on the best businesses to work with. I have the knowledge and experience to generate quality leads but unfortunately I do not the best types of businesses to pair with.

    I want to move away from working with just "any" type of business and focus on one or two niches in particular.

    So far I've looked a little into real estate and mortgage brokers, but have a list of other business types I'd still like to read about.

    I guess the reason I am here is to ask you, if I could reasonably generate quality leads, what would be the best industry for me to work with?

    I have read that real estate agents collect a (negotiable) 2% commission, of which approx. 40% may go to them and the remainder to the agency.

    In terms of mortgage brokers, it seems like 0.25%-0.70% upfront with a 0.15%-0.30% trailing.

    Are there any other business types I should be looking in to?

    Is there anything I should know before proceeding to work with the above two business types?

    Kind Regards,
    Chris
     
  2. jeromanomic

    jeromanomic Active Member

    Joined:
    20th Jul, 2014
    Posts:
    30
    Location:
    Perth, WA
    Honestly, if you can generate leads, then you should be in one of those businesses yourself. It's not hard to get licensed in either mortgages or real estate, either can be done in a week, and if you can generate leads, you'll make more money being a broker rather than selling leads
     
  3. Terryw

    Terryw Well-Known Member

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    9th Jun, 2006
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    653
    Location:
    Sydney
    Depends on what sort of leads they are.
    And why limit yourself to one industry.
     
  4. Blueeye

    Blueeye Active Member

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    26th Aug, 2013
    Posts:
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    Location:
    Sydney
    If you can generate quality leads that are applicable to several industries, why not services those? Why limit yourself to one or two industries?
     
  5. investortom

    investortom Member

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    21st Aug, 2014
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    Location:
    Sydney, NSW
    I think mortgage broking... a nice trail for the next 30 odd years. I have a friend who is one and he's on a gravy train. Might be a bit more competitive now the industry but consistent income coming in over the years gets my tick.;)
     
  6. stockbrokers

    stockbrokers New Member

    Joined:
    3rd Oct, 2014
    Posts:
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    Location:
    New York
    If you can generate a lot of leads you can pair up with an advertising network and get payed per action or per visit. It all depends on what kind of leads you can get and how much volume.
     
  7. Jimmy007

    Jimmy007 Member

    Joined:
    28th Aug, 2013
    Posts:
    19
    Location:
    Brisbane
    Yeah, as above, make sure you are getting a cut of the sale and the cost-per-lead. if you can do it well, its an art. :)


    cheers,

    Jim
     
    Last edited by a moderator: 27th Sep, 2016