At $34 a lead and 2% to contract, the subscription model never works
Before I put money into buying leads I modeled what the seller side actually costs in my metro. Paid search seller leads land around $34 delivered from the two vendors I got quotes from, shared with two other buyers. Vendor's own number for lead to signed contract is 2%, which they present as good. That's $1,700 of lead cost per contract before I've spent an hour on the phone or paid anyone to follow up.
What I want to understand is the seat model. Same vendor offers a $499 a month seat with "unlimited" leads in one county. If the county produces 30 leads a month, that's $16 a lead and the math halves. So either the per-lead price is pure margin, or the seat leads are worse in some way I'm not seeing yet. Anyone actually sat on both sides of that pricing?