Complete Story
05/28/2025
Are You Winning the Work? Insights from Estimate Win/Loss Tracking
Source: Dr. Ralph I. Williams Jr., Jones College of Business, Middle Tennessee State University
How Tracking Estimate Wins Can Improve Profitability and Strategic Focus
The February 2025 “Printing Industry Performance & Insights” report offers a revealing snapshot of how printing companies are managing estimating, with a spotlight on one key metric: estimate win/loss percentage. While 58% of companies reported that they do not track estimate win rates, those that do may have a strategic advantage.
Among the 97 companies surveyed, 42% track their estimate win rate, reporting an average success rate of 59.6%. Notably, companies that monitor this metric tend to experience higher EBITDA margins, indicating a direct relationship between quote tracking and profitability.
But why does this matter? Tracking estimate wins helps companies:
- Identify successful pricing and customer engagement strategies.
- Understand which clients and products align with long-term goals.
- Improve forecasting, budgeting, and sales training.
- Pinpoint recurring issues with lost estimates and adjust accordingly.
Surprisingly, the analysis also uncovered that frequent review of estimating processes is linked to stronger revenue growth. Firms reviewing estimates multiple times a year averaged 6.8% growth, compared to just 0.7% for those updating less than annually.
These findings reflect a deeper truth: the most successful printing firms are using data strategically, not just to price jobs, but to plan growth, shape offerings, and strengthen their value proposition.
If your company isn’t yet tracking estimate performance, now is the time to start. For a more detailed analysis—including graphs, strategy insights, and commentary from peer firms—contact the Graphic Media Alliance office to request the full report.
2025 Wage + Benefits Survey
We're now just one day away from the August 1 deadline. Don’t ignore reality by assuming you’ve already outpaced the competition. While you’re standing still, others could be soaring ahead—attracting top talent and leaving you behind.
Read MorePEA Grand Ceremony
Please join us in congratulating the Best of Category winners! These prestigious awards, along with Judge’s Awards, Rising Star and Best of Show will be recognized at the Grand Ceremony on August 21.
Read MoreThe Inside Scoop on M&A in the Printing Industry
Graphic Media Alliance is proud to host a special in-person Executive Leadership Training Session featuring Jim Russell of New Direction Partners covering critical insights on the 2025 Mergers & Acquisitions (M&A) landscape.
Read More"America's AI Action Plan" Promises Big Changes Across Industries
America’s AI Action Plan will have a huge impact not only AI developers and the tech sector but also on many employers and employees throughout the US workforce.
Read MoreProject Management and the Mailpiece Design Consultant Workshops
GMA's sister association, Print & Graphic Communications Association, is hosting two workshops. In August, learn how to master the art of project management in accordance with the Project Management Body of Knowledge. Then, in October, become familiar with and test the US Postal information contained in the MSMA MDC Study Guide.
Read MoreOne Less Thing
AI offers some amazing capabilities, but because it takes time to learn and master each agent, you might want to take the advice Bill Farquharson shares in this week's Short Attention Span Sales Tip before going down every AI rabbit hole.
Read More