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Sales ROI Calculator for B2B Cold Calling

Use our cold calling ROI calculator to understand the growth potential of adding cold calling to your sales development strategy. It will help you to understand the B2B cold calling statistics and how many cold calls ultimately lead to success or buyers accepted meetings. It is the most effective tool salespeople should have, besides knowing how to make a successful sales pitch.

What Is The Formula Behind Cold Calling ROI?

Before you can improve your cold calling efforts, it’s important to benchmark the ROI of your existing cold calling efforts. We’ve created a handy calculator that you can use to figure out where you currently stand and then you’ll learn about industry-tested methods to boost your KPIs. As with any element of your B2B sales strategy, the fundamental starting point is setting objectives and understanding your cold calling conversion rates. The key is understanding what KPIs you need to measure, what represents cold call success, and how to determine ROI against spending.

A single sales representative makes 8,400 phone calls per month working full-time which will result in about 432 conversions per month. More conversations lead to more meetings per month, and more meetings will increase the number of closed deals per month.

You can use our Cold Calling ROI Calculator to figure out how many cold callers you can afford and run through scenarios to determine what your lowest close rate threshold and contract value should ever be.

Calculate Your Cold Calling ROI Using Our Pricing Calculator

Find out how many sales representatives it will take to hit your company's cold calling success rates and growth goals.

How The Cold Calling Calculator Works

Cold Calling SDRs

This is the amount of full-time sales development reps that you have dedicated to cold calling. These sales reps call 6-8 hours per day and have a dedicated role as cold calling sales professionals. The sales reps are managed by a sales statistics team tasked with reviewing activities, recording calls, and monitoring web log ins.

Cold Calls Per Full-Time Rep Per Day

The average successful cold call per full-time cold calling SDR is 400 calls per day. This metric can vary depending on how your list quality, answer rates and how talkative your calling prospects are. Some business buyers are happy to have a 10 min conversation with a complete stranger and some people just want to get off the phone as quickly as possible.

Avg Working Days Per Month

For the point of this calculator, we use an average of 21 working days per month, which also account for the 10 federal holidays per year.

Cold Calls Per Month

It really is important to zoom out and look at ROI from a monthly perspective, so we take the average calls per day and extrapolate the average monthly dials per sales rep by multiplying it by the average working days per month.

Cold Calls Per Month = Cold Calling SDRs * Cold Calls Per Full-Time Rep Per Day * Avg Working Days Per Month

Avg Cold Call Conversation Rate

For the purpose of this ROI calculator we set this to a constant of 4.0%, which is a bit lower than the average of 4.5% but we prefer to be a bit more conservative when projecting ROI. This rate represents the percentage of conversations divided by the amount of phone calls.

It is important to look at this B2B cold calling statistics over at least a month long period so there is a large enough sample size to get an accurate number.

Formula: Call-to-Conversation Rate = Conversations Per Month / Calls Per Month

Conversations Per Month

This metric is found by multiplying the number of cold calls per month times the average call to conversation rate. This represents the amount of people the sales rep cold called on the phone in a month.

Formula: Conversations Per Month = Cold Calls Per Month * Avg Call-to-Conversation Rate

Avg Conversation-to-Meeting Rate

This metric represents how many buyers accept meetings or how many cold calls ultimately lead to meetings. This success rate can vary greatly depending on the quality of the sales pitch and the persuasiveness of the cold caller. For this number we use a constant of 4% which is a conservative average of B2B sales prospecting meetings results.

Meetings Per Month

This is the estimated number of sales meetings set by the cold calling sales representatives. To calculate this we simply took the number of monthly conversations and multiplied it by the average conversion-to-meeting rate.

Formula: Meetings Per Month = Conversations Per Month * Avg Conversation-to-Meeting Rate

Closed Won Rate (Varies By Company)

This is the number of closed won deals from cold calling / by the total number of meetings set from cold calling reps. Generally speaking, it is important to factor in no shows, even if the buyers accept meetings during the cold calls or follow up call, and unqualified calls made during the outreach efforts.

Closed Won Deals Per Month

This is where the selling process and buying process happens! Enough said. This metric is found by multiplying the number of meetings by the Closed Won Rate.

Formula: Closed Won Deals Per Month = Meetings Per Month * Closed Won Rate

Avg Contract Value (Varies By Company)

This input varies on your product and client lifetime. Typically we recommend to take your average client lifetime value, but other managers prefer to put their monthly recurring revenue.

Won Contract Value Per Month

This is the expected amount of future revenue from a given month of cold calling. It is calculated by multiplying the amount of Closed Won Deals Per Month by the Average Contract Value.

Cold Calling Cost Per Month

$5000 for first half-time caller, then $4500 / half-time caller after that.

Cold Calling ROI

Cold Calling ROI = (Won Contract Value Per Month – Cold Calling Cost Per Month) / Cold Calling Cost Per Month.

Explore The SalesHive Cold Calling Guide

If you are looking for more information on outsourcing your calling services, check out our free guide:
sales rep

Part 1: Sales ROI Calculator for B2B Cold Calling

To improve your cold calling, first benchmark the ROI of your current efforts using our handy calculator. An SDR can make 8,400 calls monthly, leading to about 432 conversions. More conversations mean more meetings, which ultimately result in more closed won deals for your business.
View Part 1
b2b sales and marketing check list

Part 2: How to Write a B2B Cold Call Script That Works

Cold calling is far from dead; it has simply evolved. Once a sales tactic with a 2% success rate that frustrated consumers, it’s now used differently. Instead of aggressively closing sales in a quick call, businesses today use cold or warm calls to build relationships and get to know their prospects.
View Part 2

Part 3: How to Communicate With Prospects on a Call

Business success often depends on being financially strategic, so people may resist trying something new. Resistance comes from the comfort of sticking to the familiar. Expect objections—they aren’t "no's." If they haven't hung up, they're still listening and hoping you'll overcome the objection.
View Part 3

Cold Calling Blog Posts

 Mastering the Art of Cold Calling in 2024

As we usher in another promising year, it is the perfect opportunity to redefine your sales strategies. An established technique that has withstood the test of time, continuously improved, and shown a significant success rate is cold calling. With this in mind, we are keen on outlining the effectiveness of cold calling in 2024, an […]

 Revitalizing Sales Strategies: Integrating Voicemails Unlocks New Opportunities

The sales universe is a constantly fluctuating space, brimming with the possibility of expansion and new avenues for growth. As a tireless crusader for innovative solutions at SalesHive, a pioneering B2B cold-calling agency based in the U.S., we invite you to explore an often disregarded, yet powerful tool in sales communication—voicemails. There's a prevalent misconception […]

 A Comprehensive Guide to Mastering Sales Cold Calling: Tips to Boost Efficiency and Minimize Time Loss

Welcome to an in-depth view into the fascinating, complex world of sales cold calling. This comprehensive guide is brought to you by us at SalesHive, your leading experts in B2B lead generation and sales cold calling practices. As the landscape of B2B lead generation becomes exceedingly competitive, are there strategies and techniques sales teams can […]

 A New Era of B2B Sales: Optimizing Success with Remote SDRs and Comprehensive Strategies

In the hyper-competitive terrain of B2B sales, pioneers meticulously strategize and developed fresh techniques to stay ahead of their rivals. A key element in many modern strategies is the utilization of remote Sales Development Representatives (SDRs), an evolutionary method that has been expertly embraced by us here at SalesHive, a distinguished US-based B2B cold calling […]

 Decoding the 'Cold Calling vs Email' Dilemma: A Deep Dive into SalesHive's Proven B2B Sales Strategy

An Overview of the Topic at HandAt SalesHive, we consistently provide unrivalled service and unparalleled knowledge to an industry filled with challenges and opportunities. Our core offering, a seamless exploration of the oft-debated 'Cold Calling vs Email' quandary, provides invaluable insights and a deep understanding of the advantages each presents. With a wealth of experience […]

 Unraveling the Intricacies of Cold Calling Voicemails: A Deep Dive into SalesHive's Proven Strategies for Success

In the highly competitive realm of sales, wielding an effective cold calling voicemail can be likened to having a secret weapon in your arsenal. In a world where cold calling represents a unique opportunity to convert missed connections into compelling invitations for meaningful business exchanges, it is essential to master the fine art of leaving […]

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