1. What exactly is your business about?
ThunderQuote is a B2B services marketplace to match business buyers to vendors as we have experienced the hassle of sourcing for vendors as well as the pain of marketing and lead generation.
We believe there is better way to streamline the process and intend change the way businesses source for vendors and find buyers by guiding buyers to the right vendors with our industry knowledge and ThunderQuote’s matching algorithm.
Buyers: Just submit a single RFQ and compare between the most suitable vendors with ease.
Vendors: Get real leads and business without the painful hours of cold-calling or networking.
2. How do I use the website?
Firstly, you can use our site to find and compare vendors for your business needs completely FREE.
Secondly, you can join our vendors and be notified when suitable jobs for your company given budget, services, other requirements are available. Upon joining our vendors, you will be given 10 free credits (for the admin fee) to quote for leads you are matched to.
Thirdly, if you are an incubator, business network or umbrella organization who wish to work with us to offer greater benefits to your members, kindly email us for possible collaboration.
3. What sets ThunderQuote apart?
We personally filter the leads to ensure you get quality leads and all the details are available for you before you decide to purchase the leads!
You can pick the leads you feel are most confident of clinching and our lead quality scoring system ensures that you pay what is appropriate based on the value and quality of the lead!
Want to try your luck with a weaker lead for someone with a lower need score? Just pay a dollar!
4. How is the admin fee for leads calculated?
The small admin fee we charge for leads is based on lead quality, based on the client’s budget, authority, need and timeliness. Leads scoring low on these factors can be charged as low as 0.01% of the deal size! Our algorithm appropriately measures the likelihood of the deal closing based on these lead factor scores to generate the appropriate bid price.
All in all, it will cost around $8+ for a $1500+ deal which only approximately 0.5% of the deal value! This is true for almost all our leads and is definitely much lower than your normal commission or even marketing costs!
Also, for leads larger than $10,000, we are lowering the admin fee and charging a 2.5% success commission charge instead as we received feedback that the admin fee is too high for larger deals. Furthermore, these deals will also receive more personalised attention from our team to satisfy buyers and increase successful closing for vendors.
Not only that, all new vendors receive free credits upon sign up. After which you can also refer other companies to sign up/submit RFQs and get more credits.
5. What are my chances of closing the lead?
One common worry our users have is that with dozens of vendors competing for the same lead, wouldn’t it be really tough to close the sale?
Not to worry, our leads are restricted to a maximum of 5 vendors! Furthermore, there is no need to worry about being late to the party, as once the buyer has decided on a vendor, the lead is automatically closed and unavailable for new quotes even if there are less than 5 vendors.
This is to ensure that any lead you quote for is valid and current. Of course, whether you clinch the sale or not is still ultimately up to your product/service quality and sales ability. Do note that vendors using the itemised quote are 67% more likely to close the deal according to our statistics!
6. How do I know the leads are real buyers?
We personally call clients to extract more details to ensure that leads are qualified.
Furthermore, companies need to submit their UEN to ensure they are valid.
Lastly, we have a refund policy in the unlikely case a lead is shown to be invalid (eg. The buyer does not exist, did not submit such a RFQ, etc.)
7. Who are some of ThunderQuote's buyers?
We already have closed leads coming from Singapore Press Holdings, NTUC, ST Kinetics, e27, SMU and many large organizations as well as even more SMEs!
Our only exclusion is that we focus solely on businesses services and do not offer any consumer leads.
8. I can’t find [service] on your site! Do you not do these services?
We are currently focusing on core services from Marketing, IT, Creative & Events so some less common services may not be represented yet. But don’t worry, we are continuously expanding the list of services provided, and your feedback will be invaluable in our decision to open up a particular service!
9. Have more questions?
Feel free to contact us via our contact form if you have more specific questions!