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How fast should a car salesman respond to an internet lead?

Updated · By Tej Arora, founder of RazzyTech · US edition

Short answer

As fast as you can, ideally within minutes. In a study of 2,241 US companies published in Harvard Business Review, firms that tried to contact a web lead within an hour were nearly seven times as likely to qualify it as firms that waited longer, and 23% never responded at all. A shopper who sent an inquiry is often talking to more than one store, so the first useful reply has an edge.

What the research found

In 2011 Harvard Business Review published an audit of 2,241 US companies that measured how fast they followed up on web leads. It is not car-specific, and it is old, but it is one of the few published studies with a large sample.

FindingResult
Responded within one hour37% of companies
Responded within 24 hours16%
Took longer than 24 hours24%
Never responded23%
Contact attempted within an hour vs an hour laterNearly 7 times as likely to qualify the lead
Within an hour vs 24 hours or moreMore than 60 times as likely

What that means on a sales floor

Relay Solo answers your leads within seconds during those hours, from your own number, and hands price and trade questions to you.

Common questions

How fast should I answer an internet car lead?

Within minutes if you can, and inside an hour at most. The HBR study found contact within an hour made qualifying a lead nearly seven times as likely as waiting longer.

Is the 21 times stat real?

It comes from a 2007 MIT and InsideSales lead response study, mostly business-to-business web leads. We cite the 2011 HBR audit here because its method and sample are published.

Sources

  1. Oldroyd, McElheran and Elkington, "The Short Life of Online Sales Leads", Harvard Business Review, March 2011
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