Most people searching this are not really asking for a number. They are asking whether they are about to be taken. This page sets out the three ways B2B lead generation is charged, what the market pays for each, what each model quietly incentivises, and the questions that tell you which kind of agency you are talking to.
The Short Answer
It depends entirely on how it is charged. There are three models. A monthly retainer buys effort, and a survey compiled by Databox found the most common agency band is $1,001 to $2,500 a month. Per-lead pricing buys contact records, and those are frequently sold to more than one buyer. Per-qualified-meeting pricing buys outcomes, and the price only makes sense alongside a written definition of qualified. The honest benchmark for any of them is what the work costs in-house: The Bridge Group's 2025 survey of 351 B2B companies puts the median sales development rep at $80,000 in on-target earnings, taking 3.0 months to ramp and producing 10 qualified conversations a month, with 40% leaving within a year.
median on-target earnings for one in-house sales development rep
The Bridge Group, 351 B2B companies, 2025
to ramp that rep to full quota, and 40% of them leave within a year
The Bridge Group, 2025
most common monthly agency retainer band
Databox agency survey (sample size not disclosed)
The Models
Almost every offer you will be quoted is one of these three, or a blend. The price matters less than which one you are buying, because each one pays the agency to optimise for something different.
| Model | What You Are Actually Buying | What It Pays the Agency to Care About |
|---|---|---|
| Monthly retainer | Access to a team and an agreed scope of activity. Reporting is usually volume: emails sent, dials made, meetings booked. | Keeping you subscribed. Nothing in the structure ties the fee to whether a meeting happens, so the incentive is activity that looks like progress. |
| Per lead | Contact records that met some definition of interest. Common in lead resale and marketplaces. | Volume, and loosening the definition of a lead. Leads are also frequently sold to several buyers, so you may be quoting against the people who bought the same record. |
| Per qualified meeting | A meeting with someone who matches an agreed profile and turned up. | Getting the right people onto your calendar. The whole model collapses unless qualified is defined in writing first, which is the thing to check. |
| Blended: infrastructure at cost plus a performance fee | The hard costs of running the system, passed through, plus a fee tied to results. | Efficiency in the campaign, since the margin only arrives with the outcome. Check whether the infrastructure line carries a markup. |
| Commission or revenue share | A cut of closed business. | Chasing your biggest deals. Rare in outbound because the agency does not control your sales process, and attribution disputes are common. |
The Benchmark
Published pricing data in this industry is thin, and most of what circulates has no disclosed method. Here is what does exist, with its sources and its weaknesses.
In-house is the cleanest benchmark because the numbers are surveyed properly. The Bridge Group's 2025 report, covering 351 B2B companies, puts the median sales development rep at $80,000 in on-target earnings, split roughly $55,000 base and $25,000 variable. That rep takes 3.0 months to reach full quota, produces a median of 10 qualified conversations a month, and only 60% hit quota, the lowest share in the study's history. Median annual attrition is 40%. Add management, data, sending infrastructure and the months you carry the seat before it produces anything.
For agency retainers, the most-cited figure is a survey compiled by Databox that found the most common band is $1,001 to $2,500 a month, with 22% of agencies between $2,501 and $5,000. That survey does not disclose its sample, so treat it as a rough guide rather than a benchmark.
For bought leads, the documented problem is not price, it is exclusivity. A trade publication in commercial lending put it plainly: it would be a success if a lead had only been touched by three or four other companies on the day it arrived. The FTC's case against a lead generator found that 84% of the loan applications it collected were sold to marketers rather than to lenders at all.
Whatever the model, the arithmetic that matters is yours: what a closed customer is worth, multiplied by the share of qualified meetings you convert. If the cost per held meeting sits comfortably under that, the price is right regardless of what anyone else charges.
The Trap
"Qualified" Is Left Undefined
Every model breaks down here. If nobody has written down the company profile, the title, the evidence of interest and the requirement that the prospect turned up, then whoever is invoicing gets to decide what counts. Ask for the definition before you ask for the price.
You Are Charged for Booked, Not Held
A booked meeting is a calendar entry. A held meeting is a conversation. The gap between the two is where a cheap per-meeting price hides, and it is entirely within the agency's control to manage.
The Retainer Bought Activity
Reports full of sends and dials are a sign that the number nobody wants to show you is meetings held. Activity is an input. Ask what the output was.
The Lead Was Sold Four Times
Exclusivity is promised more often than it is delivered, and a shared lead means you are competing on price from the first call with someone who is collecting quotes.
You Do Not Own the Infrastructure
If the domains, inboxes and data sit in the agency's accounts, then leaving means starting over. That is not a price, it is a switching cost, and it should be in the contract.
The Term Is Long
A twelve-month minimum on an untested channel transfers all of the risk to you. Ask what happens in month three if it is not working.
The Questions
An agency that answers these quickly and in writing is telling you something about how it operates. One that moves the conversation back to price is telling you something too.
Our Model
Cold email is priced per qualified meeting that shows up. No management retainer, and no charge for a no-show or for a prospect outside the criteria you set. Sending infrastructure is passed through at cost with no markup, because someone has to pay for domains, inboxes and software before anything sends. That is the only fixed cost, and it is stated up front rather than buried.
Cold calling and multichannel run on a monthly retainer, and we will say plainly why. Calling cannot be automated. Trained people are paid to sit and dial whether or not anyone picks up, so there is a real cost floor that email does not have. What a retainer normally lacks is accountability, so three things come with ours: qualification agreed in writing before launch, held meetings reported weekly, and no long-term contract.
We do not publish a rate card, and it is fair to ask why. The number depends on your market size, your buyer, the volume the market can support, and which channels actually fit. A figure posted on a page would be wrong for most of the people reading it, and quoting before we have counted your market would be guessing. You get the number on the call, along with the market count behind it, whether or not you go ahead.
FAQ
It depends on the model. Agency retainers most commonly sit between $1,001 and $2,500 a month according to a Databox-compiled survey, though that survey does not disclose its sample. Per-meeting pricing varies with your market and buyer. The most reliable benchmark is what in-house costs: a median sales development rep is $80,000 in on-target earnings and produces 10 qualified conversations a month (The Bridge Group, 351 companies, 2025).
One that sits comfortably below the value of a closed customer multiplied by the share of qualified meetings you close. That is the only benchmark that matters, because a meeting worth $40,000 to you and one worth $4,000 are not the same purchase. Any agency quoting a universal industry figure is guessing.
Per meeting, in almost every case. A lead is a record, it is often sold to more than one buyer, and it puts you into a price comparison immediately. A meeting with a decision-maker who turned up is the thing you were trying to buy. The catch is that per-meeting pricing only works when qualified is defined in writing first.
No. Some work has a genuine cost floor. Calling means paying trained people to dial whether or not anyone answers, so it cannot honestly be sold on pure performance. What makes a retainer dangerous is not the model, it is the absence of a standard. Ask for a written qualification definition, weekly reporting on held meetings, and no long-term lock-in.
Because the number depends on your market size, your buyer, and which channels fit, and a figure on a page would be wrong for most people reading it. We would rather count your market first and give you a real number on the call, with the reasoning behind it, than post an average that fits nobody.
The Bridge Group's 2025 survey of 351 B2B companies puts median on-target earnings at $80,000, with 3.0 months to ramp, 10 qualified conversations a month at the median, only 60% hitting quota, and 40% annual attrition. Add management, data, tools and sending infrastructure. Compare that against the cost of a held qualified meeting from an outside team, including the months you carry an empty seat.
Bought leads can fill a gap, and they are rarely exclusive in practice. One trade publication described it as a success if a lead had only been touched by three or four other companies the day it arrived, and the FTC found one lead generator sold 84% of the applications it collected to marketers rather than lenders. You also inherit whatever consent the seller claims to have obtained, which matters if you plan to call.
The definition of a qualified meeting, who owns the domains and inboxes, whether infrastructure carries a markup, what happens on a no-show, the notice period, and what the weekly report contains. If those are all written down, the price is the easy part.
Free Market Sizing
Most outbound fails before the first email is sent, because nobody checked whether the market could support the volume. So we check first.
Tell us who you sell to and what a closed customer is worth. We size the market and show you the list we would actually work, whether or not we end up working together.
Book Your Free Market SizingOne 30-minute call. You keep the numbers either way.
What you get:
About

Matt Dittmeier
Founder, TektonScale
My name is Matt Dittmeier. I have personally closed over $100 million in investment sales strictly through cold outbound — no warm referrals, no inbound, no paid advertising. Just a dialed-in system, a targeted list, and a proven process.
I have run outbound teams at Marcus & Millichap, one of the largest commercial real estate investment brokerage firms in the country, and at TrueRate, a national investment sales platform focused on middle-market to institutional-level transactions under a 1B+ AUM sponsor.
Today, that same system books over 100 qualified meetings every month for one of New York City's top investment sales teams, through cold outbound alone — generating over $250M in annual aggregate sales volume. This is not a theory. It is a live, operating result.
Ready to Fill Your Calendar?
In 30 minutes, we'll map out exactly what a cold outbound system would look like for your offer and your market — whether we work together or not.
No pitch. No pressure. If it's a fit, we'll tell you. If it's not, we'll tell you that too.
Come with one number: roughly what a closed customer is worth to you. That figure decides everything else, and it's the first thing we'll ask.
Book Your Free Strategy CallWe only take on a limited number of new clients per month to maintain quality.
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