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Customer Service Statistics : Good CRM Means Never Having to Say Hold

45% of consumers initiated a purchase over the phone in the last year. 70% of those callers were placed on hold with the average caller’s time on hold is 57 seconds.

– Business executives spend 15 minutes a day on hold.
– 94% of most marketing budgets is spent on persuading a customer to call.
– 6% of most marketing budgets is spent on handling the customer’s call.
– 68% of callers stay on the line if they hear relevant information.
– 12% of callers stay on the line if they hear silence.
– 34% of callers who hang up do not call back.

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