The Best Days and Times for Sales Meetings: Insights from New Data
As a sales professional, one of the most frustrating experiences is putting time and effort into preparing for a meeting with a promising prospect, only to have them not show up. Not only does this waste your valuable selling time, it disrupts your workflow and costs you momentum on the deal.
While you‘ll never be able to completely eliminate no-shows, you can drastically reduce the odds of prospects failing to attend by being strategic about when you schedule your sales meetings. And thanks to some insightful new data on meeting attendance patterns, we now know the exact days and times that give you the highest probability of prospects actually showing up.
I‘ve analyzed this data, looked at it from a psychological perspective, and gathered advice from leading sales experts to put together this guide to scheduling meetings at the optimal times. By putting this intel into action, you‘ll spend more time meeting with engaged prospects and less time waiting for no-shows. Let‘s dive in!
The Data: How Day and Time Impact Meeting Attendance Rates
To determine the best days and times for sales meetings, I looked at data from three recent studies that analyzed millions of meetings and no-show rates:
- A study by meeting scheduling app Rally that analyzed over 1.5 million meetings scheduled by its users
- Research by meeting automation platform x.ai that looked at scheduling patterns of 500,000+ meetings
- An analysis by conversation intelligence company Gong.io of more than 2 million sales meetings captured on its platform
Here were the key findings on no-show rates (I‘ve included tables to make it easy to visualize the insights):
No-Show Rates by Day of the Week
| Day | Rally Study | x.ai Study | Gong.io Study | Average |
|---|---|---|---|---|
| Monday | 12.1% | 11.8% | 11.5% | 11.8% |
| Tuesday | 8.5% | 7.2% | 8.1% | 8.0% |
| Wednesday | 7.8% | 6.5% | 7.4% | 7.2% |
| Thursday | 6.1% | 5.8% | 6.6% | 6.2% |
| Friday | 13.3% | 12.7% | 12.2% | 12.7% |
Key insights:
- Thursday has the lowest no-show rates across all studies, with an average of just 6.2%
- Friday has the highest no-show rates at 12.7% on average
- No-show rates are 48% lower on Thursdays compared to Fridays
No-Show Rates by Time of Day
| Time | Rally Study | x.ai Study | Gong.io Study | Average |
|---|---|---|---|---|
| 8-9am | 15.5% | 14.2% | 13.7% | 14.5% |
| 10-11am | 10.1% | 8.7% | 9.4% | 9.4% |
| 1-2pm | 8.2% | 7.5% | 7.9% | 7.9% |
| 3-4pm | 6.8% | 6.0% | 6.3% | 6.4% |
| 4-5pm | 5.1% | 4.8% | 4.2% | 4.7% |
Key insights:
- The 4-5pm window has the lowest no-show rates at just 4.7% on average
- 8-9am has the highest no-show rates at 14.5% on average
- No-show rates are 67% lower between 4-5pm compared to 8-9am
The data paints a clear picture: To maximize the chances that a prospect attends your meeting, schedule it for Thursday afternoon between 4-5pm. Avoid Monday and Friday meetings, especially first thing in the morning.
The Psychology Behind the Best Meeting Times
The data shows that certain meeting times tend to have higher attendance rates – but why is that the case? It comes down to key psychological principles that impact your prospects‘ likelihood to actually show up:
Decision fatigue: As the day wears on and people make more and more choices, their brains get tired and it becomes harder to make good decisions. This decision fatigue makes people more likely to skip that sales meeting they committed to weeks ago. Scheduling meetings earlier in the day when prospects‘ minds are fresh increases attendance.
Motivation: Motivation tends to be higher on certain days and at certain times. A study by Accountemps found that worker productivity peaks on Tuesdays, Wednesdays, and Thursdays – no surprise that no-show rates are lower on those days! And research shows that people are most motivated in the first two hours of the workday, so aim for AM meetings when possible.
Conflicting priorities: Your prospects are constantly juggling competing demands for their time and attention. The more potential conflicts, the higher the odds of a no-show. Avoid days and times when these conflicts peak, like first thing Monday morning when prospects are mapping out their week and last thing Friday as they try to wrap up before the weekend.
Availability: Of course, your prospects need to be available for the meeting. Research by YouCanBookMe found that people are more likely to schedule meetings on certain days and times simply due to their typical availability. The most popular meeting times are Tuesdays and Thursdays between 10am-2pm – likely because this is when most people have openings on their calendar.
Putting the Insights into Action: How to Book More Meetings That Happen
Now that you know the best days and times to schedule your sales meetings, how do you operationalize this knowledge to start having more conversations with prospects? Here are some of my top tips:
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Default to Thursdays: Make Thursday your default day for booking meetings, especially in the afternoon. Of course, let your prospects pick times that work best for them, but suggest Thursdays first.
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Avoid Monday AM and Friday PM: Don‘t even give the option to book meetings first thing Monday or in the late afternoon on Fridays. Leave those slots blocked or mark yourself as unavailable.
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Optimize your calendar settings: If you‘re using a meeting scheduler like Calendly, adjust your availability settings to heavily weight your preferred times. You want to subtly guide prospects to book during those windows of highest attendance.
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Mention the why: When offering meeting times to your prospects, mention that you‘re suggesting days and times that "tend to be best for most people‘s schedules." This primes them to pick those times and plants the idea that they should prioritize attending.
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Send strategic reminders: Don‘t just rely on a single calendar invite. Send well-timed reminders that incorporate the psychological principles we discussed. For example: "Looking forward to our call on Thursday – I know it‘s late in the day but I promise to make our meeting the most valuable part of your afternoon!"
The Impact of Optimal Meeting Times: More Conversations, More Revenue
It‘s one thing to know the best times to schedule your meetings in theory – but what is the actual business impact of putting these insights into practice?
While every team and sales process is different, we can make some educated estimates based on industry data:
- The average B2B sales rep books 10 demos or meetings per week
- Typical meeting attendance rates are 80% (2 no-shows per 10 meetings)
- Increasing attendance rates to 90% would lead to 1 additional held meeting every week
- The average win rate on opportunities where a meeting is held is 20%
So, if a rep increases their meeting attendance rate by just 10% by scheduling at optimal times, that would translate to 1 extra held meeting each week, and 1 additional closed deal every 5 weeks (assuming a 20% win rate on meetings held).
For a typical deal size of $10,000 with a 20% profit margin, that‘s an additional $2,000 in profit per rep each month, or $24,000 per year. Multiply that across a 10 person sales team and you‘re looking at nearly a quarter million dollars in additional profit annually, just from reducing your no-show rates with strategic meeting scheduling.
And that doesn‘t even factor in the time savings from fewer no-shows, which frees up reps to have even more selling conversations and move more deals forward. Talk about low hanging fruit!
Scheduling Meetings Prospects Will Attend: Key Takeaways
Preventing meeting no-shows is part art and part science. But thanks to new data on meeting attendance patterns, we can take a lot of the guesswork out of the equation. To maximize the odds that your prospects will show up and have a productive sales conversation:
- Book meetings on Thursdays, especially between 4-5pm
- Avoid meetings first thing Monday morning or late Friday afternoon
- Send strategic reminders that leverage psychological principles
- Make your preferred times prominent in your scheduling tools
By operationalizing these data-driven best practices, you‘ll spend more time actually meeting with prospects and less time waiting for no-shows. And that means more closed deals and revenue for your business.
Of course, always let your prospects pick times that work best for their schedule. But by guiding them towards days and times with the highest historical show rates, you‘ll shift the odds in your favor and have more of the sales conversations that really move the needle.
Try out these strategies on your next 10 meeting invites and track your show rates – I‘m willing to bet you‘ll see an immediate uptick in meetings held and opportunities created. Now go book some Thursday afternoon calls and crush your quota!
