One way to increase sales is to increase your exposure through advertising, but effective advertising can be expensive and many times your return is a mystery. The only sure thing is networking… advertising to a captive audience.
Consider this – 1 in 5 callers placed on hold take action based on a message they hear while waiting on hold (AT&T survey) and 1 in 5 converts to a 20 percent increase in revenues!
How many calls does your business receive and make on an average day?
Phone Traffic Analysis (Listed below is an example of a company receiving 50 calls per day):
Average number of calls per day (50)
Business days per month (22)
Total callers per month (1,100)
Amount of callers placed on hold (national average 70%)
Total callers placed on hold (770)
Time on hold (national average 30 seconds)
Total seconds on hold (23,100)
Divided by 3,600 seconds per hour = Total hours on hold (6.42)
Multiplied by 12 months per year (77)
77 hours of FREE advertising each year, and all to a captive audience.