EP299: New Customer Acquisition: How Much Can You Afford to Pay?
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How much does it typically cost to acquire a customer through the \\u201cright\\u201d channels? Figure out how much you can afford to pay based on more than just your Customer Acquisition Cost and Customer Lifetime Value.
Listen To Learn:
- How to figure out your Customer Acquisition Cost
- The importance of narrowing down your Customer Lifetime Value (and how to calculate it)
- How to add refunds, cost of goods sold, and more into your business costs
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Resources Mentioned In This Episode:
How Much Can You Afford to Pay to Acquire a Customer? The 5-Step Customer Acquisition Cost Formula
Listen & Win an Apple Giveaway!
How To Calculate Your Average Customer Value (And Why It Matters)
Customer Value Optimization: How to Build an Unstoppable Business
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Mentioned in this episode:
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