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What the enquiries nobody answered are costing you

Nearly a quarter of firms never answer a web enquiry at all. Enter three numbers and price that.

Enter what a normal month looks like, not a good one. The three defaults are placeholders rather than benchmarks — the result is not about your business until you have replaced them.

Missed lead revenue

Revenue attached to enquiries nobody answered
$4,600 per month
Arithmetic
Step Working Result
Enquiries a month 100 100
Never answered — at the measured 23% non-response rate 100 × 0.23 23.0
Of those, the ones who would have bought 23.0 × 0.10 2.30
What they were worth 2.30 × $2,000 $4,600

This assumes

  1. will not count the enquiries that were answered, but answered long after the window in which a reply still changed the outcome

    will count only the enquiries that received no reply at all, so the output covers one leak rather than the whole of response failure — which is the larger number

  2. will not assume an unanswered enquiry is unrecoverable, because some of them call back and no honest figure exists for how many

    will treat the result as an upper bound on this one leak rather than as a forecast of recoverable revenue

  3. will not apply the higher close rate that a five-minute response produces, which would credit the calculator for a gain belonging to the system

    will apply the close rate you entered, unchanged, to the enquiries that were never answered

  4. will not pretend the multiplier was measured on leads, because it was not — it is the share of 2,241 firms that never answered a single test enquiry

    will apply that per-firm rate to your own enquiry count, which is an approximation, and name it here rather than leave you to find it

Oldroyd, McElheran & Elkington, "The Short Life of Online Sales Leads", Harvard Business Review (March 2011) · 1.25M inbound leads across 2,241 US firms · verified

How to read this number.

The multiplier in step two is the only figure here that did not come from you, and it is worth knowing exactly what it is. Researchers sent one ordinary web enquiry to each of 2,241 US companies and recorded what came back. Twenty-three percent of them sent nothing — not a slow reply, not an automated acknowledgement, nothing. Everything else on this page is arithmetic performed on figures you supplied about your own business.

That figure was measured across firms rather than across leads, which matters when it is applied to your enquiry count. A business that answers nine enquiries in ten is not the business the 23% describes; a business with one unwatched channel probably is. The assumption is listed under the instrument rather than buried, because a calculator that invites you to check its arithmetic has to be equally open about its inputs.

Read the output as a ceiling on one specific failure, not as recoverable revenue. Some proportion of unanswered enquiries contact the business again, or buy anyway, or were never going to buy from anyone. No defensible figure exists for how large that proportion is, so the calculator does not invent one and does not discount for it. What it does instead is stay narrow: it prices the enquiries that got nothing, and says so.

The narrowness cuts the other way too, and it is the more useful direction. The population this ignores — enquiries that did get a reply, but hours or days after arrival — is larger than the population it counts. In most businesses the answered-too-late group is several times the never-answered group. If the number above is uncomfortable, the total is worse, and the audit is what measures it rather than estimating it.

The close rate matters more than either of the other inputs, and it is the one people guess at. If you do not know it, the honest move is to lower the figure until it is one you could defend to your accountant, then read the output as the floor it becomes. A calculator run on a flattering close rate produces a flattering answer, and the point of showing the arithmetic is that you can see exactly which input did the work.

Questions this raises.

Why does it not show an annual figure?

Because multiplying by twelve is the oldest way to make a monthly leak look like a crisis. The monthly figure is the one you can check against a real month, and anyone who wants the annual number can do that arithmetic themselves.

Our enquiries all get answered. Does this apply?

Then the calculator returns a number you should ignore, and the useful question becomes how long the answers take. That is a different measurement and it is the one the audit starts with, because almost every business that believes it answers everything has one channel nobody is watching.

Where does the no-reply figure come from?

Oldroyd, McElheran and Elkington in Harvard Business Review — 1.25 million inbound leads across 2,241 US firms, with the full citation and its verified date printed under the instrument. It replaced a thirty-eight-percent figure this site used to carry, which was attributed to a multi-study aggregate and could not be traced to any primary source. The smaller number is the one with working behind it.


The systems behind the number.

The other calculators.

An estimate built from your own guesses is a starting position, not a baseline. The audit measures the same figures in your business instead of asking you for them.

METHOD

Every figure below carries its source and the date it was verified. Nothing on this page is asserted.

The numbers on this page.

Datapoints
What Value Specific to
Firms that never responded to a web enquiry at all23%This page
Customers who buy from the first responder78%This page
Close rate — response under 5 minutes vs over 24 hours32% vs 12%Category-wide
Teams responding to an inbound lead within 5 minutes7%Category-wide

Oldroyd, McElheran & Elkington, "The Short Life of Online Sales Leads", Harvard Business Review (March 2011) · 1.25M inbound leads across 2,241 US firms · verified

Multi-study aggregate · verified

Optifai speed-to-lead benchmark · n=939 companies · Q2 2025–Q1 2026 · verified

2026 speed-to-lead benchmark · range ~5% FinTech to ~15% RevOps · verified

Start with the measurement.

Reading about a benchmark is not the same as knowing your own number. The audit produces yours, measured rather than estimated.

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