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If you can convert 1% of your visitors to customers this means you need 100 clicks for each purchase, making your cost per acquisition (CPA) $400. your CPA jumps to $800. If you own an application with a recurring pricing model, you need to know your price point and churnrate for each of your plans in order to calculate your LTV.
Conversions, leads and churnrate. CRM, CPM, CPA, and CPC. and new technologies (marketing automation, retargeting, custom audiences) has made it more challenging than ever to deliver a consistent strategy and inspired customer experience. Modern marketers look at things like working dollars vs. non-working dollars.
CPM/CPA/CPC) What do the intermediate metrics look like? Basically, you end up with a media buying matrix that looks something like this: Source Ads bought CTR Clicks Signup % Upload pic Users Cost CPA Google 1M 0.50% 5,000 20% 50% 500 $5,000.00 $10.00 Do it right, and your conversionrates might be as high as 20%.
This can be simplified further into a three-stage model: Top of the funnel (TOFU): Awareness Middle of the funnel (MOFU): Consideration Bottom of the funnel (BOFU): Conversion. These linear marketing/conversion funnel models are based on the traditional customer lifecycle. . The conversion at this stage is them attending that webinar.
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