Operations

What is a missed call actually worth? A model you can argue with.

Most contractors price a missed call at zero. That's wrong. But so is any single dollar figure someone hands you. Here's the arithmetic: build the number yourself.

K
Konvy
Field Notes · 8 min read

Ask a home-services owner what a missed call costs them and you get one of two answers: a shrug, or a number that’s obviously too low. Both are guesses. The honest answer is that it depends on four things you already know about your own business, so let’s write the arithmetic down and let you fill it in.

We’re not going to quote you a study. You’ll see figures like “the average missed call is worth $284” passed around the industry. Maybe it’s true for the dataset it came from. It isn’t your dataset. A number you can’t reconstruct is a number you can’t defend to a client, so here is one you can build from scratch.

The four inputs

The value of a single missed call comes down to four numbers. Every one of them is something you can pull from your own call log and invoices, or estimate honestly. The figures below are an example so the arithmetic is concrete. Replace each one with yours.

Illustrative inputs: swap in your own

$400
First-job value: what one new job invoices (example, use yours)
50%
Share of missed calls that are real new-work opportunities (example)
40%
Win rate: how often you'd book the job if you answered (example)
30%
Recovery: share of missed opportunities a 60-second text-back brings back (example)

The arithmetic

Not every missed call is a lost job. Some are suppliers, wrong numbers, or existing customers who’ll call back. So the expected value of one unanswered ring is the first-job value, discounted by the share that are real opportunities, discounted again by how often you’d actually win them:

value per missed call
= first-job value × opportunity share × win rate
= $400 × 0.50 × 0.40
= $80

So on these example numbers, every unanswered call is worth about eighty dollars in first-job revenue you didn’t bill. Not $284, not zero. Eighty, for these assumptions. If your jobs are bigger or your win rate is higher, it climbs fast. If most of your missed calls are junk, it falls. That’s the point of a model: you can see exactly which assumption you’d have to believe to disagree with the result.

A missed call isn’t worth zero, and it isn’t worth whatever number the last webinar quoted. It’s worth your numbers, run honestly.

Now scale it, and add recovery

One call is easy to ignore. A month of them is not. Count the calls a client actually misses (after hours, during jobs, at lunch) and multiply. At a hundred missed calls a month, that’s 100 × $80 = $8,000 of first-job revenue exposed every month, before you count a single repeat customer.

You won’t recover all of it. A 60-second automated text-back catches some of the people still deciding; it can’t catch the ones who already booked someone else. Apply an honest recovery rate:

monthly recovery
= exposed revenue × recovery rate
= $8,000 × 0.30
= $2,400 / month

And this still ignores the part that makes the real figure larger: a first job that becomes a repeat customer is worth several times its first invoice. Layer that in and the model only moves one direction. We left it out here so you can’t accuse the arithmetic of flattering itself.

Why timing is the whole game

The recovery rate is the input most people get wrong, and it’s entirely about speed. Someone with a leak and a phone works down a list. Reach voicemail, and they dial the next name while yours is still ringing in their recent calls. A text-back that fires when a staff member “gets to it” arrives after the decision is made. One that fires in seconds, automatically, arrives while they’re still choosing. Same message, different result, which is why this has to be automated, not a task on someone’s list.

The point of a model isn’t the answer. It’s that you can hand it to a skeptical client and change any input in front of them.

What this means for agencies

If you sell to home services, missed-call recovery is the cleanest pitch you’ll ever make, not because the number is dramatic, but because it’s auditable. You’re not asking the client to trust a case study. You’re handing them their own inputs and doing fourth-grade arithmetic together. The before-and-after shows up on their calendar, and the value is obvious every month the phone keeps ringing.

It’s also one of the few things you can sell that requires no behavior change from the client. The phone keeps ringing. The crews keep working. The recovery happens underneath, under your brand.

Want to run this on a client’s real numbers?
The calculator takes your inputs. The founding cohort takes it further. Book a call and we’ll model it against your book.
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