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Frequently Asked Questions
What is LeadVine?LeadVine is a website where:
How does LeadVine work?
How much does LeadVine cost to use?Free! You pay referral fees directly to the person who referred you. LeadVine does not get involved in the transaction. There are no up front costs, no monthly costs, no set up costs, no hey wait a minute I want to charge you now costs, no oops you want that information that will cost you, no oh you want to go to that page that will be $10, no oh you just made $10,000 for 20 minutes of work using our site. well I want 10% of that. Hey we are stupid not to charge but what good is a community if you have to pay. But you can repay us by emailing us if you had a great experience at info@leadvine.com and tell us your story.Why would I refer people I don't know?There are two types of referrals, strong referrals and weak referrals.A strong referral is when you know the business / person you are referring and can recommend their work. A weak referral is when you do not know the business or person you are referring but you have a contact / colleague / friend that needs their service. For weak referrals LeadVine recommends that you qualify the referral or state that you don't know how good the service or product is. For example if you know a company that needs IT services you can recommend a company / person from LeadVine but state that you don't know the quality of the product/ service. "I heard you have problems with your network. I came across an IT consulting company that can help you. I have not worked with them so I don't know how good they are. Do you want me to have them give you a call? What is a referral fee?A referral fee is money a person offers to another in exchange for a sales lead or hard to find information. A referral fee is usually paid as a percentage of the commission after closing.How do I post a sales lead?Anyone can post a sales lead. You first need to register and become a member. You can posts sales leads as soon as you register.When do I have to pay the referral fee?As a lister you set the parameters. You determine how and when to pay the referral fee.Who do I pay the referral fee to?You do NOT pay LeadVine any referral fees. You coordinate payment parameters and milestones with the referrer. LeadVine does not get involved.How do I come up with a referral fee when my sales rates vary?We suggest determining your referral fee by multiplying a percentage to the average sale price of your goods / services.How much should my referral fee be?That is up to you. We suggest a range between 5% - 20% of the sales price. The higher your referral fee is the more exposure you will receive.Do I have to list a referral fee with my post?Yes, you have to list a referral fee with every post. The minimum referral fee is $50. You set the payment parameters of the referral fee . You can pay the referral fee after the close of the sale or after you receive a good lead. It's up to you. LeadVine is not involved in the transaction, we are simply a site that lists referral fees or finders fees.How do I get my referral fee? When can I get my referral fee?You agree upon the payment details with the person listing the referral. LeadVine is not involved in payment details. We do provide you with the ability to receive payment via Paypal.A sales agent has not paid me the referral fee that we agreed upon. What next?LeadVine gives you the ability to rate each transaction. If you were not paid your referral fee you can leave the lister a low ranking and post a comment. We are not responsible or liable for any transaction in which you do not receive payment for information or service you provided. We strongly suggest that you sign a referral fee contract for each transaction you enter into.How is LeadVine different from other websites / services?
How can LeadVine help me?
How is LeadVine different from Yahoo Answers?
How can I take advantage of RSS?For those of you who don't know, RSS stands for Really Simple Syndication. RSS Feeds gives you the ability to have content pushed directly to you, rather than having to go fetch it. How does LeadVine use RSS? Basically, RSS is tied to the search functionality. For example, if you search for "marketing sales leads, San Francisco", at the bottom-right of the page you'll see an RSS icon. Simply subscribe to that URL in your feed reader and you'll be able to read new entries that meet your search criteria. You can track as many search terms as you wish. If you simply wish to track a region or country, enter that as your query and pick up the feed. Be creative!What is a Lister?A Lister is a company or person who posts a need for sales leads, information, etc. A Lister posts a referral fee they are willing to pay to the person who provides the sales lead, information etc.What is a Connector?A Connector is a person who has a lot of contacts or who come across a lot of information and can help other people or companies find sales leads, information, job candidates, etc. You can contact a connector, offer them a referral fee, and ask them to help you increase sales or find information.How was LeadVine started?LeadVine was started by the founders of two competing companies. Allan, the founder of WageExchange.com, and Ben, the founder of SalaryScout.com, joined forces with the hope of starting something special.Allan had the idea for LeadVine since early 2000 after being tired of cold calling all day. He was thinking of solutions on how to find new business for his accounting temp agency. A few years later Allan started a salary information website, WageExchange.com, and Ben Started a competing salary information website a few months later, SalaryScout.com. Allan was looking for a business partner with the same ideals, vision, and entrepreneurial spirit to start LeadVine. After a few frustrating months Allan emailed Ben and introduced himself. They discussed the idea and immediately thought the idea, if executed properly, could be a big winner. They learned that they had a lot in common, they were both Sarbanes-Oxley auditors, serial entrepreneurs, competitors, and had similar hobbies in photography and following their alma mater's sports teams. |
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