If a locksmith sells a ‘free’ alarm and get the client to sign up for $40 a month, let’s say for a 5 year commitment, how is the monitoring paid for? Is there an inherent service contract? If so, who provides service and how much does the dealer get reimbursed for service calls?
First of all, there is no such thing as a free alarm. That is a gimmick term used by fast buck artists. What our members can offer is a system for zero down. Anyone caught promoting a “free alarm” will be removed from our program immediately.
We pay the central monitoring station. It’s now our contract. We do not offer service contracts. Our members retain all service and referrals on any accounts they sell us.
We are buying the contract for the future monitoring revenue. We are not taking control of a member’s business.
Please clarify: are you interested in established locksmiths looking to get into electronic security; established electronic security guys looking to diversify into locksmithing, individuals looking to begin a career in security, or companies already in the business looking to pump up their numbers?
We want all of the above, providing they pass our due diligence process. We want those with a true interest in offering quality life safety services. We don’t want those who just see this industry as the opportunity to make a quick buck.
While I can’t say we would deny a start-up, I can say we would heavily scrutinize them. Just having a license, good credit and liability insurance isn’t enough to get into our program. If you run a clean business and have satisfied customers, we want to talk to you.
How will your program change as you gain more members?
We’re always looking to improve so we implore our members to contact us about anything that they believe will help their growth. As our member base grows, so does our buying power. As our buying power grows, it enables us to approach more suppliers. How does this benefit the supplier? Well keep in mind we are bringing a whole new level to the industry by including renters and low credit score customers so we are adding to the bottom line profits if the suppliers rather than cutting into their slice of the pie.
For more information: OnlineAlarmQuotes, 165 Bronx River Road, Suite 1200, Yonkers, NY 10704. Telephone: 917-416-9615. Web sites: http://www.securitydealersupport.com or http://www.onlinealarmquotes.com.
Electronic security is all about maintaining relationships with the account and earning the recurring revenues from the monitoring, servicing and programming.
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