I'm trying to understand the cost associated with acquiring new users for my business or product. I want to know how much it typically costs to acquire a new user, either through marketing, advertising, promotions, or other means.
7 answers
amelia_doe_explorer
Mon Nov 18 2024
Determining the estimated cost of acquiring a new customer for your company involves several steps.
GyeongjuGlorious
Mon Nov 18 2024
Begin by calculating the total marketing expenses incurred during the period you are analyzing.
CryptoVisionary
Mon Nov 18 2024
Next, add the total cost of sales associated with acquiring new customers to the marketing expenses.
NebulaNavigator
Mon Nov 18 2024
This combined figure represents the total expenditure on acquiring new customers.
CryptoWizard
Sun Nov 17 2024
To find the cost per new customer, you need to divide this total expenditure by the number of new customers acquired during the same period.