Every service business owner knows that missed calls are bad. But most dramatically underestimate just how bad they are.
Here's the uncomfortable truth: 80% of callers who reach voicemail will never call back. They'll call your competitor instead.
Let's do the math on what that's actually costing you.
The Missed Call Formula
Here's a simple way to calculate what missed calls cost your business:
Missed Calls per Day × Working Days × Conversion Rate × Average Job Value
Example: 5 missed calls × 22 days × 40% conversion × $350 avg job = $15,400/month
Cost by Industry
Here's what a single missed call typically costs, based on average job values and conversion rates:
| Industry | Avg Job Value | Cost Per Missed Call |
|---|---|---|
| Roofing | $8,000 | $800 - $1,200 |
| HVAC | $450 | $135 - $180 |
| Plumbing | $375 | $110 - $150 |
| Electrical | $325 | $95 - $130 |
| Garage Door | $350 | $105 - $140 |
| Locksmith | $150 | $120 - $150 |
| Towing | $150 | $120 - $150 |
Note: Locksmith and towing have higher cost-per-missed-call ratios because their conversion rates are near 100% — the caller hires whoever answers.
The Voicemail Myth
Many business owners think: "If it's important, they'll leave a message."
The data says otherwise:
- 80% of callers don't leave voicemail
- 67% hang up out of frustration
- 75% won't call back if they reached voicemail once
- 85% of calls never convert after going to voicemail
That means for every voicemail you receive, you're likely missing 4 other callers who hung up without leaving a message.
When Calls Go Unanswered
Every business has periods when calls go unanswered:
Typical Problem Times
- Lunch hour — Office is empty from 12-1 PM
- Before/after hours — Calls come in at 7 AM and 6 PM
- Weekends — Emergencies don't take days off
- High volume periods — After storms, during heat waves
- When you're on another call — New caller goes to voicemail
The Hidden Cost: Lifetime Value
A missed call doesn't just cost you one job. It costs you a customer for life.
Consider an HVAC customer:
- First service call: $450
- Annual maintenance (10 years): $1,500
- New system in year 8: $8,000
- Referrals to neighbors: $2,000+
Lifetime value: $12,000+
That's what you lose every time a first-time caller goes to voicemail.
The Solution: Answer Every Call
The math is simple. If answering every call costs $99-249/month and missing calls costs $5,000-20,000/month, the ROI is obvious.
Options for capturing every call:
- AI Answering Service — Answers 24/7, captures information, dispatches emergencies ($99-249/mo)
- Hire a receptionist — Full-time coverage but expensive ($3,000-4,000/mo)
- Traditional call center — Live humans but per-minute billing adds up ($500-2,000/mo)