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Cost per Acquisition (CPA)

The average cost to acquire one paying customer.

What it is

Cost per Acquisition measures what you spend to win one paying customer, a sharper test of marketing efficiency than cost per signup. It earns its keep only against lifetime value, where a healthy gap funds sustainable growth. Compare CPA across channels to move budget toward the ones that bring paying buyers, not just clicks or registrations.

Formula

CPA = Total Acquisition Costs ÷ Number of New Paying Customers