Don’t build on someone else’s rented property!

Renting 800 numbers through shared use is dangerous

If you invest in and build a physical building on property that you are only renting, you are putting yourself more and more at the mercy of the owner. That’s because it’s hard to move a physical building. You’re not building up any equity from your rent, and you’re not building up any equity from all of the investment you’re making in the building either. Advertising your business with else’s phone number is the same thing because you’re building your brand name on someone else’s property. So not only the rent goes to them but every dollar of advertising builds up THEIR equity, not yours.


Don’t invest all your advertising to build up someone else’s brand name

If it’s someone in the vanity number business you better believe that they know this too and in many cases have built their business around that with almost a drug dealer like business plan, getting you hooked and then raising up the rent, and/or the usage charges and fees etc. They may tell you that they have a contract so it’s very safe, but who do you think wrote their contract? Do you think they wrote it to limit their power and empower you or do you think it was written to limit your power and empower them?

You went into business to be more in control, so don’t hand control over your business to someone else.

The bottom line is that no matter how good you think a landlord seems or sounds, it’s never a good idea to leave yourself or your business at someone else’s mercy. They may not intend to take advantage of you, but it’s hard for anyone to stay competitive and do a good job when there’s actually a natural incentive to cut corners and raise the rates. If your customers had to use your product or service and couldn’t leave, would you work late and keep the rates the same or would you charge a little extra and leave early?

Some companies may be renting numbers without even telling you

The devious part is that many of the smaller companies you find on the web are masquerading as regular phone companies and trying to lure in customers who don’t realize that the fine print of their contract says that they own the numbers they provide as well. So even if you’re not dealing with someone who talks about shared use and charges a monthly rental fee, if you’re dealing with a small company you’ve never heard of before and haven’t researched thoroughly you can fall into that same trap.

Actually in some ways it’s even use because if you use a company like EasyTel.net, just as an example, you would think they are a very professional looking site and service. But after you spend a lot of money advertising a toll free number you got and use through their service when you try to transfer it away, you’re going to be in for a big surprise when they tell you that you were only renting THEIR number.

So you have to avoid not only the sharks that want to rent you numbers, but the internet based services that let you search for and find a number through them because you can still get surprised in the end. The only way sure to avoid getting stuck like that is to get your number independently and transfer it to them. Some companies like Onebox will still charge you hidden fees if you want to leave, but it’s definitely better than finding out you’re at their mercy and are held hostage by your phone number.

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    10 pings

    Don’t give anyone else ultimate control over your business. at TollFreeNumbers.com says:
    August 13, 2008 at 8:32 am

    [...] Don’t build on someone else’s rented property! (0) [...]

      Don’t give anyone else ultimate control over your business. at TollFreeNumbers.com says:
      August 13, 2008 at 8:32 am

      [...] Don’t build on someone else’s rented property! (0) [...]

        When does Shared Use Cross the Line? at TollFreeNumbers.com says:
        October 25, 2008 at 10:43 am

        [...] to hoard numbers and sit on large pools of good numbers and then on top of that, they use it as an excuse to “Rent” numbers because they make much more and wind up with absolute control over their customers. If you don’t [...]

          Don’t put your kids in charge of guarding the cookie Jar at TollFreeNumbers.com says:
          November 10, 2008 at 10:57 pm

          [...] but you can’t take their number with you if you want to leave. Basically they can’t hold you hostage by your 800 number that [...]

            Negotiating with Shared Use companies at TollFreeNumbers.com says:
            November 17, 2008 at 3:11 am

            [...] Don’t build on someone else’s rented property! (4) [...]

              Are you being held hostage by your 800 service? at TollFreeNumbers.com says:
              December 3, 2008 at 9:03 am

              [...] Don’t build on someone else’s rented property! (5) [...]

                Ticket Scalpers versus the real fans at TollFreeNumbers.com says:
                July 23, 2009 at 2:47 pm

                [...] Marketing, some for phone sex or to promote an expensive directory assistance service and many just want to rent them or squat on them hoping to sell [...]

                  Comparing sites that offer to get 855 numbers at TollFreeNumbers.com says:
                  August 25, 2010 at 2:38 pm

                  [...] not trying to get numbers for ourselves. We don’t claim ownership of numbers and rent toll free numbers at all. Because if a phone company claims ownership of and rents out their own numbers, then even [...]

                    The Drug Dealer Close at TollFreeNumbers.com says:
                    September 9, 2010 at 1:27 pm

                    [...] over time. You’ve heard that advertising requires repetition. Another way of saying that is that the more you advertise a vanity number the more you increase it’s value. Unfortunately if you’re renting the number, you’re just increasing your dependency on it. And [...]

                      What if TollFreeNumbers.com goes out of business? at TollFreeNumbers.com says:
                      December 8, 2010 at 12:58 pm

                      [...] why we only charge a simple one time fee. The real reason that whatever company you’re with, can’t hold you hostage is because you have proof that you had the number active before you transferred it to them. So they [...]

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