28
Feb
Cost of Lost Quotes
Calculate the cost of lost quotes by answering the four questions below.
Or scroll down to see an example of what the cost of lost quotes might be to a business
What do unsuccessful quotes cost your business?
Example of the cost of lost quotes to a trades business
Time taken to do a quote: 2 Hours
Number of quotes per month: 25
Hourly Charge Out Rate: £60
Total Cost per Year to do Quotes £36,000.00
Conversion Rate: 67%
Lost / year: 33%
Cost of Lost Quotes: £11,736.00 per year
Remember, this does not include the costs of acquiring the job lead through marketing and advertising, the cost of fuel or vehicle wear and tear getting to a quote location, stationery, postage or parking charges are also not included.
