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How Much Do Missed Calls Cost Your Business?

Every unanswered call is a potential customer who hangs up and calls your competitor instead. Use this calculator to see the real cost.
180
£20£10,000
5%80%
5%80%

Your Potential Losses
£0.00
Estimated Monthly Loss
0
Missed Calls per Month
0
Lost Customers
£0.00
Estimated Yearly Loss
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The hidden cost of unanswered calls

Most small business owners know they miss calls. Few know how much it actually costs them. A single missed call might not seem like a big deal, but when you add them up over a month or a year, the numbers get serious fast.

Widely cited research attributed to BIA/Kelsey suggests that inbound phone calls convert to revenue 10-15x more often than web leads. When someone picks up the phone and calls your business, they’re ready to buy, book, or hire. If nobody answers, they move on.

Why small businesses miss so many calls

If you run a small business, you probably can’t sit by the phone all day. You’re with clients, on job sites, in meetings, or doing the actual work. Your phone rings, you can’t answer, and the caller leaves a voicemail (or more likely, doesn’t).

The numbers back this up. Industry data widely cited since 2014 suggests that around 80% of business callers who reach voicemail won’t leave a message. They hang up and try someone else.

How the calculator works

  1. Pick your industry and we’ll pre-fill realistic numbers based on average deal values and call volumes for your field.
  2. Adjust the sliders to match your actual situation: how many calls you get, how many you miss, and what a typical customer is worth.
  3. Hit calculate to see your estimated monthly and yearly revenue loss.

The calculator also shows what it would cost to have Hallodesk answer those calls for you, so you can compare the cost of missing calls versus the cost of catching them.

What you can do about it

There are a few options. You can hire a receptionist, use a traditional answering service, or set up an AI phone assistant like Hallodesk that answers calls 24/7 and sends you a summary of each conversation.

Curious what each option costs? Try our Phone Cost Calculator to compare.

FAQs

Yes, missed calls can negatively impact your business's reputation and customer satisfaction. When customers are unable to reach a business, they may become frustrated and take their business elsewhere, leading to a loss of revenue and damage to your reputation.

You can use a missed call cost calculator to estimate the cost of missed calls for your business. This calculator takes into account factors such as the number of missed calls, average call value, and conversion rate to give you an accurate estimate of the cost of missed calls.

You can reduce the number of missed calls by implementing strategies such as call forwarding, voicemail, and staffing adjustments. You can also use calculating missed call costs to identify areas for improvement and optimize your customer service operations.

Several factors can affect the cost of missed calls, including the number of missed calls, average call value, conversion rate, and industry. For example, a business in a high-value industry such as finance or healthcare may experience a higher cost per missed call than a business in a lower-value industry.

The average cost of a missed call can vary depending on the industry and business, but it's estimated that a single missed call can cost a business around $10-$20. This cost can add up quickly, especially for businesses that receive a high volume of calls.

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