Question: Calculate Customer Acquisition Cost (CAC) using information given below. . Assume you use Google AdWords for advertisement. The fee is $0.30 per click. You got

Calculate Customer Acquisition Cost (CAC) using

Calculate Customer Acquisition Cost (CAC) using information given below. . Assume you use Google AdWords for advertisement. The fee is $0.30 per click. You got 20,000 people visited your website using Google AdWords Among 20,000 people, 10% of the people took the free trial. The cost for the trial is $10 for each person. Among those who took the trial, only 5% paid for the product. How much did you spent for getting one NEW customer? $150 $130 $260 $300

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

12:09 PM Tue Apr 19 34% Take Quiz Exit D Question 3 5 pts Which one of the following statements is NOT true? O Multiple customer relationships may co-exist in the company. If they serve multiple...

Financial Communications (FynCom) was established in September 2019 in Irvine California, won admission into Evonexus, the Orange County's premier incubator, and acquired its first patent in the...

This assignment is based on a short case on Jupiter Gourmet Seafood (JGS) and involves estimating CLV for two customer segments. Please read the case and associated notes carefully.Jupiter Gourmet...

Case study: Remedy Physiotherapy. I need help in drafting a marketing plan Names of people and businesses are disguised. Some aspects of the local area and the physiotherapy industry are simplified...

1. Internal Analysis Introduction Joshua and Sarah Brightstone are the proprietors of Remedy Physiotherapy, a small clinic situated in the town of Bournemouth in the English county of Hampshire. Both...

According to the Rosewood case study,moving to a corporate brand from an individual brand is expected to improve customer lifetime value (CLV).Use the Rosewood excel fileRosewood to calculate the...

Can Google be characterized as a monopoly? Justify your answer by specifying and comparing the characteristics of a monopoly with those of Google. What is competition law? How would you justify the...

What metrics does the company track (or should track)? How do business models and stages of growth drive metrics this company tracks? In your opinion, what is the OMTM for this company? What should...

IVEy Publishing Wi4485 SEARCH ENGINES IN SEARCH OF FAIR PLAY Veena K. Pallwar wrote this case solely to provide material for class discussion. The author does not intend to mustrate either effective...

An abc-phase-sequence three-phase balanced wye-connect source supplies a balanced delta-connected load. The impedance per phase of the delta load is 20 + j4. If VAB = 115

Comment briefly on the data presented in Figure 9 of male (n=4) and female (n=3) EXSC 415 students from Fall 2022 measured by Styku Infrared, BODPOD/Siri, HSW/Siri, InBody BEI, IGIRTH, Sloan/Siri,...

What are the 3 tests to be a personal property tax as defined by the regulations to section 1 6 4

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...