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New Customer Acquisition: How Much Can You Afford to Pay?

New Customer Acquisition: How Much Can You Afford to Pay?

Episode 299 Published 5 years ago
Description

How much does it typically cost to acquire a customer through the “right” 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:


Work with Tier 11


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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