Meetings Set All-Time: 20,917

Understanding The ROI Of B2B Cold Calling

Use our cold calling ROI calculator to understand the growth potential of adding cold calling to your sales development strategy.

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. The key is to understand what KPIs you need to measure, what represents success, and how to determine ROI against spend.
A single SDR working full time can make 8,400 cold calls per month 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 SDRs you can afford, and run through scenarios to determine what your lowest close rate threshold and contract value should ever be.

Calculate Your ROI Using Our Pricing Calculator

Find out how many cold calling sales development reps it will take to hit your company 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 reps call 6-8 hours per day and have a dedicated role as a cold calling specialist. They are managed by a team lead that reviews activity and call recordings.

Cold Calls Per Full-Time Rep Per Day

The average calls 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 prospects are. Some 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 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 Call-to-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 calls.
It is important to look at this metric 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 calls per month time the average call to conversation rate. This represents the amount of people a cold calling talks to live 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 of your conversations are turning into meetings. This metric can vary greatly depending on the quality of the 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 reps. 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 number of closed won deals from cold calling / by the total number of meetings set from cold calling reps. It is important to factor in no shows and unqualified calls.

Closed Won Deals Per Month

This is where the magic 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 people 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

Why Choose SalesHive

All of our sales outreach is performed on our custom sales development platform.


There’s nothing more frustrating than hiring a sales development agency all to find out they’ve outsourced the job to someone overseas. Yikes. Well we aimed to solve that issue by only hiring professionally trained, sales development reps that are located right here in the USA. You can be sure every time someone picks up that phone and represents your company that they’ll be right from your backyard.


Yep, we said it. Zero-risk, free onboarding. Most companies charge you for this service whereas we do not. We’ll build you a dedicated sales playbook so you can see what we write for copy, what your scripts are going to be, how we’ll be targeting, and give feedback on what you should be doing moving forward. We do this to build trust, transparency and so you can see if we are the right partner to be working with right away.


Rather than locking our clients into contracts they don't want to be in, we choose to earn our clients' business every month. If you are unhappy with our results, you can cancel at any time. We only ask that you give us enough time to implement out campaigns and test our copy. We may not have tohe perfect campaign from the start but over the course of the first couple months we will nail down the correct strategy, lists and messaging.

Learn More About Our Cold Caller Reps


We never off-shore because we understand how important your brand image is. 


Our training program was designed by ClozeLoop to give SDRs an edge on the phone.


We're fully remote so we can hire SDRs based on experience and ability, not their location.  


Our experienced managers coach SDRs daily to ensure quality and performance.
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