100x
Answering in five minutes instead of thirty makes contact up to 100 times more likely.
The same audit tested 2,241 US companies with a live lead. 23% of them never responded at all.
It measured responding, not phoning, which is exactly what missed-call text back does. It's the strongest number we have.
Source: James Oldroyd, Kristina McElheran and David Elkington, "The Short Life of Online Sales Leads," Harvard Business Review 89, no. 3, March 2011.
hbr.org/2011/03/the-short-life-of-online-sales-leads