ms. grossi owns a nail salon. she acquired 50 new customers last year. below are ms. grossis marketing and…

ms. grossi owns a nail salon. she acquired 50 new customers last year. below are ms. grossis marketing and sales costs last year. marketing = $500 sales costs = $5,000 what is the customer acquisition cost? $110 $275,000 $5,500 $50

ms. grossi owns a nail salon. she acquired 50 new customers last year. below are ms. grossis marketing and sales costs last year. marketing = $500 sales costs = $5,000 what is the customer acquisition cost? $110 $275,000 $5,500 $50

Answer

Explanation:

Step1: Calculate total acquisition - related cost

Add marketing and sales costs. Total cost = $500 + 5000=5500$

Step2: Calculate customer - acquisition cost

Divide total cost by number of new customers. Customer acquisition cost = $\frac{5500}{50}=110$

Answer:

$110$