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A hair salon acquired 100 new customers last year. Cost in the marketing and sales were as follows:



Marketing Costs = $ 1,000

Sales Costs = $ 10,000

Salaries = $ 96,000



What was the customer acquisition cost?

Sagot :

abiolataiwo2015

If a hair salon acquired 100 new customers last year. Cost in the marketing and sales were are marketing Costs  $1,000, Sales Costs $10,000  and Salaries $96,000.What the customer acquisition cost will be is $1,070

Using this formula

Customer acquisition cost=Sales costs+ Marketing costs +Salaries ÷ Number of customers acquired

Where:

Marketing Costs =$1,000

Sales Costs = $10,000

Salaries = $96,000

Number of customers acquired=100

Let plug in the formula

Customer acquisition cost=$1,000+$10,000+$96,000÷100

Customer acquisition cost=$107,000÷100

Customer acquisition cost=$1,070

Inconclusion if a hair salon acquired 100 new customers last year. Cost in the marketing and sales were are marketing Costs $1,000, Sales Costs $10,000  and Salaries $ 96,000. What the customer acquisition cost will be is $1,070

Learn more here:

https://brainly.com/question/18119725

skyblechle9

Answer:

The answer is $10 dollars

Explanation:

I took a test and got it right

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