Title: Lead Aggregation Online
1Lead Aggregation Online
- Insurance Direct Marketing Forum
- September 11, 2007
2- Who Is NetQuote?
- What Is Lead Aggregator?
- Online Insurance Shopping
- Who Is The Online Consumer?
- How It Works From A Consumer Perspective?
- How It Works From An Agents Perspective?
- How the Economics Work
- When Selecting a Lead Aggregator
- Q A
3Who is NetQuote?
Developed a Cutting Edge Technology Platform
Telerate Founded
Auto Insurance Shopper Founded
Telerate and Auto Insurance Shopper Merge
Focused Efforts to Serve Local Agents
Application Volume Growth
NetQuote, Inc. purchased by Spectrum Equity
Investors and Stripes Group
Re-branded as
1989
1991
4A Targeted and Cost-Effective Internet Solution
Top 3 Spots Require Big Marketing Budgets
Natural Search Requires Engineering and Strategy
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8Online Insurance Shopping
Internet is Hot! Yellow Pages and Referrals
Rapidly Declining!
9Online Insurance Shopping
In Q4 2006, 31 million people 15 of internet
users visited an auto insurance web site, more
than double the million visitors in Q1 2004 Also,
the overall internet visitors grew by 25.6 while
the Auto Insurance visitors grew by 210!
Source COM Score April 2007
10Online Insurance Shopping
Life events drive people online. Aggregators help
you reach them.
Source COM Score April 2007
11Online Insurance Shopping
- 31 million internet users visited an auto
insurance website in Q4 2006 - Online policy purchases increased 58 year over
year - More than half of customers who purchased via
the agent channel in the past five years have
obtained an online quote - After seeing an ad for auto insurance, 2/3 of
consumers would go online for more information - 65 of consumers would consider purchasing their
next auto insurance policy online - 15 annual growth in submitted quotes online
- 29 annual growth in unique visitors
- 58 annual growth in policies purchased online
- 28.1 million submitted quotes in 2006
- 1.6 million policies purchased online in 2006
- 40 of online Shoppers go to aggregators
Source COM Score April 2007
12Online Insurance Shopping
Over 40 of Online auto Insurance visitors went
to Aggregators.
Source COM Score April 2007
13Who is the online consumer?
65 are over 34 years old
Source Mediamark Research, Inc.
14Who is the online consumer?
75 Have Attended College
Source Mediamark Research, Inc.
15Who is the online consumer?
75 have a household income over 50,000
Source Mediamark Research, Inc.
16Online Spending Boom!
Aggregators Help You Compete!
17Market Leaders
Many of our Competitors and Partners are Growing
Source COM Score April 2007
18Market Leaders
Source - Hitwise
19Market Leaders
Source - Hitwise
20From An Agents Perspective
21From An Agents Perspective
22From A Consumers Perspective
23From A Consumers Perspective
24From A Consumers Perspective
25From A Consumers Perspective
26From A Consumers Perspective
27From A Consumers Perspective
28From A Consumers Perspective
29From A Consumers Perspective
30From A Consumers Perspective
31How The Economics Work
100 Leads Purchased Avg 7.00
Leads
100 Leads Quoted (100)
Leads Contacted (40)
4 Leads Sold (10)
125 Marketing COA 175 (X-sell Home Marketing
COA 0)
Exceptional COAs Within Reach for Aggressive
Companies and Agents
32When Selecting A Lead Aggregator
- How Much Volume Can I get?
- Can I get volume discounts?
- Can I choose specific products by zips (mix and
match?) - Can I integrate into a 3rd party product?
(EZlynx, FSC, ect.) - Can I integrate into my proprietary software?
(XML, AL3) - Can I get custom filters? (driving record,
current insurance, SIC Codes, Health Conditions,
etc.)
33Jeff Coppock
720-270-8260coppo_at_netquote.com