Re: Apx Sells 44,000 Ex-Brinks Accounts To Monitronics

[Jim Rojas <jrojas@xxxxxxxxxxxx>]

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
>
> "Anonymous Sender" <anonymous@xxxxxxxxxxxxxxxxxxxxx> wrote in message
> news:6171a11817c4319a8d300fa3238a3374@xxxxxxxxxxxxxxxxxxxxxxxx
>> 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.
>>
>