Home / Blog / The speed-to-lead stats everyone cites are from 2011
The speed-to-lead stats everyone cites are from 2011. Here is what still holds, and how to measure your own.
Every sales deck has the slide: respond in five minutes or lose the lead. The numbers on that slide are older than the iPhone 4S. Some of them are real, some were never sourced, and the honest version is more useful than either.
Direct answer: The widely cited speed-to-lead statistics come from a March 2011 Harvard Business Review article by James Oldroyd and colleagues, which audited 2,241 US companies and found that firms contacting a web lead within an hour were nearly seven times more likely to qualify it than those waiting an hour longer, and that the average company took 42 hours to respond. The “391% more likely to convert in the first minute” figure comes from a vendor white paper and has no public dataset. No comparable independent study has been published since. The principle holds (faster is better, and most businesses are slow) but the right numbers to act on are your own, which take an afternoon to measure.
Where the numbers come from
Trace the citations and almost all of them collapse to two documents.
The Harvard Business Review article, March 2011. “The Short Life of Online Sales Leads,” by James Oldroyd, Kristina McElheran and David Elkington, reported on an audit of 2,241 US companies and a study of 1.25 million leads. The findings people still quote: companies that tried to contact a lead within an hour were nearly seven times as likely to qualify it as those that waited even an hour longer, and more than sixty times as likely as those that waited 24 hours or more. Average response time among companies that responded within 30 days was 42 hours. Only 37% responded within an hour.
The vendor white paper. The “391% improvement when you call within one minute” and the “21 times more likely in five minutes” figures are usually attributed to a lead-management software company’s internal data, published as marketing material. The dataset has never been released, the methodology is not described, and the company has changed hands since. Treat it as a claim, not a finding.
Since then: nothing of comparable scale from an independent source. Vendors publish their own benchmarks every year, usually from their own customers, which selects for businesses that already bought response-time software. The 2011 study remains the only primary, peer-reviewed-adjacent source, and it is fifteen years old.
What has changed since 2011
- The lead is less patient. In 2011 a web lead was a form. In 2026 it is a form, a text, a chat, a Google Business Profile message, a booking request, or an AI agent making the inquiry on a customer’s behalf. Google’s own AI can now call businesses for availability and book local services, which means the first response is sometimes to software, and software does not wait 42 hours.
- The comparison set is bigger. Your lead probably submitted to three businesses from the same search result. BrightLocal’s 2026 survey found 19% of consumers expect a same-day reply to a review, up from 6% the year before; expectations for an inquiry are tighter than for a review.
- The channels are measurable. In 2011 response time was a guess. Today every form, call and message is timestamped, which is why the right move is to stop quoting 2011 and start reading your own clock.
What still holds
Two things, and they are enough to act on.
- Faster is better, with a steep curve at the start. The 2011 data showed the biggest drop in qualification odds happening inside the first hour. Every vendor dataset since, whatever its flaws, shows the same shape. There is no serious evidence that waiting helps.
- Most businesses are slow. The 42-hour average and the 37%-within-an-hour figure were the real headline in 2011, and in our own audits of service businesses the median first response to a weekend web form is still measured in days. The competitive bar is low.
Measure your own in an afternoon
- Pull 30 days of inbound leads from every channel: forms, calls, texts, chats, profile messages. Most tools export timestamps.
- Record first human response time for each. Not the auto-reply; the first real answer.
- Split by day and hour. Weekday business hours, evenings, weekends. The weekend number is usually the one that hurts.
- Match to outcome. Which leads booked, quoted, or went quiet. Thirty days is small, but you will see the shape.
- Put your numbers in the calculator. The speed-to-lead calculator turns your response times and close rates into the revenue a faster reply would recover, using your figures rather than 2011’s.
What to fix first
Almost always the same three things: an instant confirmation that tells the lead what happens next, a phone that rings somewhere a human picks up during listed hours, and a weekend rule (who answers, by when). The leaks guide covers the follow-up step, and the search-side version of this, written for owners who track calls, is the Eye To Ad Media piece on lead response time.
Keep the slide if you like it. Just change the number on it to yours.
Sources: Harvard Business Review, "The Short Life of Online Sales Leads" (March 2011); BrightLocal, Local Consumer Review Survey 2026; Google, Search at I/O 2026 (AI calling and booking for local services).
Questions people ask
Is the "respond within 5 minutes" statistic real?
Partly. The 2011 Harvard Business Review study found a steep drop in qualification odds within the first hour and far worse results after 24 hours. The specific five-minute and one-minute multipliers (such as 391%) come from vendor white papers with no public dataset.
What did the 2011 HBR study actually find?
Auditing 2,241 US companies, it found firms that attempted contact within an hour were nearly seven times as likely to qualify the lead as those waiting an hour longer, the average response time was 42 hours, and only 37% responded within an hour.
Has there been a newer independent speed-to-lead study?
Not one of comparable scale and independence that we could find. Vendor benchmarks are published yearly from their own customers. The reliable number is the one you measure on your own leads.
How do I measure my own speed to lead?
Export 30 days of inbound leads from every channel with timestamps, record the first human response for each, split by weekday, evening and weekend, and match to outcome. Then use the calculator to price the gap.
Want your response times measured and priced?
A free strategy session: we pull your last 30 days of leads, time every first response, and show you what the gap is costing in customers.
Related pages
Keep reading:
- Speed-to-lead calculator — Your response times, your close rates, the revenue at stake.
- Where your website leaks leads — Five predictable leaks and how to find each one.
- Retention systems — Follow-up that keeps the leads you already paid for.
