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Cost and ROI

What does a lead really cost, and what does not following up cost?

2026-05-08 · 3 min read · Adam Axelsson, founder of Revexa

A qualified B2B lead typically costs between 1,500 and 5,000 SEK to generate in Sweden, depending on industry and channel, and the ranges look similar across most Western markets. SaaS, IT and consulting often sit in the upper part, sometimes higher. That means every lead in your CRM represents a real, paid for investment.

What happens when 70 to 80 percent never get touched?

The statistic is uncomfortable: industry studies show that 70 to 80 percent of all CRM leads sit dormant. They never get followed up after the first 30 days. That means the bulk of your marketing budget is literally sitting and gathering dust in the database.

Worked example

A company that generates 500 leads per quarter at an average cost of 2,000 SEK per lead invests 1,000,000 SEK in lead generation. If 80 percent are never touched, 800,000 SEK has been placed in a database no one actively works.

It is not wasted. The money is there, latent. But no one turns it over.

Reactivation vs a new lead: cost comparison

Reactivating an existing lead costs a fraction of what it costs to acquire a new one. Why? Because the acquisition cost is already paid. The only thing added is the work of researching and writing an email that actually lands, and if that is automated, even that cost is marginal.

Compare it to the alternative: new ad budget, new landing pages, 6 to 12 weeks of waiting before new leads even exist in the system.

Why old leads reply better than cold ones

A dormant lead has already crossed the first friction barrier: they know who you are. They filled out a form, took a meeting or received a quote. A well written email to that group consistently outperforms the same email to a cold list. Not because of luck, but because the trust capital already exists.

But there is a condition. The email has to prove that the sender knows who the recipient is. A generic "is this relevant now?" burns the trust capital you paid to build.

The hidden cost: a burned lead

Here is the calculation few people do. A lead that gets a careless mass send does not just reply no. It stops being a lead. An unsubscribe, a spam flag or just a mental note: "those people are not serious." The 2,000 SEK investment is written off in three seconds.

That is why volume is the wrong thing to optimize in reactivation. The right optimization is precision: the right lead, the right timing, the right reason to reach out. A researched email that opens on a concrete event at the recipient's company protects the investment. Twenty generic emails destroy it.

The takeaway

Your best business opportunity is not in the next ad campaign. It is in the CRM you already own. A company with 2,000 dormant leads at 2,000 SEK each is sitting on four million in already paid for lead generation. The only question is whether anyone is working the list with enough precision to cash in the value.

That is what Leo is built for: watch the list, strike when a lead shows a signal, research the company and send a personal email in your salesperson's voice, from your own domain. If the lead replies, Leo handles the conversation and books the meeting, with a Lead Brief for the salesperson.