Empirical Conversion Decay Rates
| Response time | Likelihood of qualifying the lead |
|---|---|
| Within 1 hour | Baseline: the best odds in the study |
| An hour later | Nearly 7 times less likely than within the first hour |
| 24 hours or more | About 60 times less likely than within the first hour |
Source: Oldroyd, McElheran and Elkington, “The Short Life of Online Sales Leads”, Harvard Business Review, March 2011.
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