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Customer Acquisition Cost (CAC)

The average cost to acquire one new customer.

What it is

Customer Acquisition Cost captures everything you spend on marketing and sales to win one new customer. It only means something next to lifetime value: a healthy marketplace recovers CAC well within a customer's lifespan. Track CAC by channel and by side of the marketplace, since acquiring a seller and acquiring a buyer often cost very different amounts.

Formula

CAC = Total Marketing & Sales Expenses ÷ Number of New Customers Acquired