Apx Sells 44,000 Ex-Brinks Accounts To Monitronics

Apx Sells 44,000 Ex-Brinks Accounts To Monitronics

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Apx Sells 44,000 Ex-Brinks Accounts To Monitronics Anonymous Sender 05-08-2008
Posted by Anonymous Sender on May 8, 2008, 4:15 pm
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From Security System NewsPROVO, Utah–In business as a full-service alarm company
for only about four years, ApxAlarm is a young company by any standard. Among
the growing ranks of the summer-model alarm companies, however, in
sales/security terms, Apx is an elder statesman–the model, in some ways, for the
summer-model surge. Apx has been around the longest and generates the most
accounts annually.

This summer was no different. Apx sold and installed 125,000 gross (119,000 net)
accounts this summer, coming pretty close to its goal of 130,000 accounts. It
sold off a “fraction” of these accounts, said Jack Inbar, Apx COO. Like its
competitors, Apx considers its numbers record-breaking. “I don’t think it’s ever
been done [selling 125,000 accounts] in such a short period of time,” Inbar said.

Apx’s 2007 numbers are up from 90,000 sold in 2006 and 44,000 accounts sold in
2005. Inbar said he didn’t think the company could sustain that rate of growth
year over year, but said he expects the company to be able to sell between
150,000 and 200,000 accounts next year “and continue to do that on a regular
basis for many years to come. It’s a great market and it’s not saturated.” Apx
currently owns 143,000 accounts, with third-party monitoring from the new CMS
(it sold a number of accounts in 2006 and 2005). Inbar said 80 percent of the
contracts sold this summer were for a 60-month term and said the “average credit
score” for new 2007 customers was 700.

Apx is already recruiting for the summer 2008 season. Inbar credits their
success this year to their customer service and proactive programs such as the
team he oversees that follows up on every alarm dispatch. They also check in on
accounts with lack of usage, excessive signals, and accounts that do not have
signals.


Posted by Mark Leuck on May 8, 2008, 9:23 pm
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Interesting article except the 44,000 ex-Brinks accounts to Monitronics part
is bullshit

> From Security System NewsPROVO, Utah-In business as a full-service alarm
> company for only about four years, ApxAlarm is a young company by any
> standard. Among the growing ranks of the summer-model alarm companies,
> however, in sales/security terms, Apx is an elder statesman-the model, in
> some ways, for the summer-model surge. Apx has been around the longest and
> generates the most accounts annually.
>
> This summer was no different. Apx sold and installed 125,000 gross
> (119,000 net) accounts this summer, coming pretty close to its goal of
> 130,000 accounts. It sold off a "fraction" of these accounts, said Jack
> Inbar, Apx COO. Like its competitors, Apx considers its numbers
> record-breaking. "I don't think it's ever been done [selling 125,000
> accounts] in such a short period of time," Inbar said.
>
> Apx's 2007 numbers are up from 90,000 sold in 2006 and 44,000 accounts
> sold in 2005. Inbar said he didn't think the company could sustain that
> rate of growth year over year, but said he expects the company to be able
> to sell between 150,000 and 200,000 accounts next year "and continue to do
> that on a regular basis for many years to come. It's a great market and
> it's not saturated." Apx currently owns 143,000 accounts, with third-party
> monitoring from the new CMS (it sold a number of accounts in 2006 and
> 2005). Inbar said 80 percent of the contracts sold this summer were for a
> 60-month term and said the "average credit score" for new 2007 customers
> was 700.
>
> Apx is already recruiting for the summer 2008 season. Inbar credits their
> success this year to their customer service and proactive programs such as
> the team he oversees that follows up on every alarm dispatch. They also
> check in on accounts with lack of usage, excessive signals, and accounts
> that do not have signals.
>


Posted by Jim Rojas on May 9, 2008, 9:12 am
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Sableman looking for another huge payday I suppose.

Jim Rojas



Mark Leuck wrote:
> Interesting article except the 44,000 ex-Brinks accounts to Monitronics
> part is bullshit
>
>> From Security System NewsPROVO, Utah-In business as a full-service
>> alarm company for only about four years, ApxAlarm is a young company
>> by any standard. Among the growing ranks of the summer-model alarm
>> companies, however, in sales/security terms, Apx is an elder
>> statesman-the model, in some ways, for the summer-model surge. Apx has
>> been around the longest and generates the most accounts annually.
>>
>> This summer was no different. Apx sold and installed 125,000 gross
>> (119,000 net) accounts this summer, coming pretty close to its goal of
>> 130,000 accounts. It sold off a "fraction" of these accounts, said
>> Jack Inbar, Apx COO. Like its competitors, Apx considers its numbers
>> record-breaking. "I don't think it's ever been done [selling 125,000
>> accounts] in such a short period of time," Inbar said.
>>
>> Apx's 2007 numbers are up from 90,000 sold in 2006 and 44,000 accounts
>> sold in 2005. Inbar said he didn't think the company could sustain
>> that rate of growth year over year, but said he expects the company to
>> be able to sell between 150,000 and 200,000 accounts next year "and
>> continue to do that on a regular basis for many years to come. It's a
>> great market and it's not saturated." Apx currently owns 143,000
>> accounts, with third-party monitoring from the new CMS (it sold a
>> number of accounts in 2006 and 2005). Inbar said 80 percent of the
>> contracts sold this summer were for a 60-month term and said the
>> "average credit score" for new 2007 customers was 700.
>>
>> Apx is already recruiting for the summer 2008 season. Inbar credits
>> their success this year to their customer service and proactive
>> programs such as the team he oversees that follows up on every alarm
>> dispatch. They also check in on accounts with lack of usage, excessive
>> signals, and accounts that do not have signals.
>>
>

Posted by Just Looking on May 20, 2008, 5:13 pm
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He'll have a bit of a quandary as to whom he'll be loyal. He has to sniff
out the client that (1) has the biggest wallet and (2) the largest number of
billable hours available for him to milk. Since he already did work for one
of the parties he'll have to trend lightly so as to avoid any allegations of
conflict of interest.

> Sableman looking for another huge payday I suppose.
>
> Jim Rojas
>
>
>
> Mark Leuck wrote:
> > Interesting article except the 44,000 ex-Brinks accounts to Monitronics
> > part is bullshit
> >
> >> From Security System NewsPROVO, Utah-In business as a full-service
> >> alarm company for only about four years, ApxAlarm is a young company
> >> by any standard. Among the growing ranks of the summer-model alarm
> >> companies, however, in sales/security terms, Apx is an elder
> >> statesman-the model, in some ways, for the summer-model surge. Apx has
> >> been around the longest and generates the most accounts annually.
> >>
> >> This summer was no different. Apx sold and installed 125,000 gross
> >> (119,000 net) accounts this summer, coming pretty close to its goal of
> >> 130,000 accounts. It sold off a "fraction" of these accounts, said
> >> Jack Inbar, Apx COO. Like its competitors, Apx considers its numbers
> >> record-breaking. "I don't think it's ever been done [selling 125,000
> >> accounts] in such a short period of time," Inbar said.
> >>
> >> Apx's 2007 numbers are up from 90,000 sold in 2006 and 44,000 accounts
> >> sold in 2005. Inbar said he didn't think the company could sustain
> >> that rate of growth year over year, but said he expects the company to
> >> be able to sell between 150,000 and 200,000 accounts next year "and
> >> continue to do that on a regular basis for many years to come. It's a
> >> great market and it's not saturated." Apx currently owns 143,000
> >> accounts, with third-party monitoring from the new CMS (it sold a
> >> number of accounts in 2006 and 2005). Inbar said 80 percent of the
> >> contracts sold this summer were for a 60-month term and said the
> >> "average credit score" for new 2007 customers was 700.
> >>
> >> Apx is already recruiting for the summer 2008 season. Inbar credits
> >> their success this year to their customer service and proactive
> >> programs such as the team he oversees that follows up on every alarm
> >> dispatch. They also check in on accounts with lack of usage, excessive
> >> signals, and accounts that do not have signals.
> >>
> >



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