a hair salon acquired 100 new customers last year.\ncosts in the marketing and sales areas were the…

a hair salon acquired 100 new customers last year.\ncosts in the marketing and sales areas were the following:\n• marketing costs = $1,000\n• sales costs = $10,000\n• salaries = $96,000\nwhat was the customer acquisition cost?

a hair salon acquired 100 new customers last year.\ncosts in the marketing and sales areas were the following:\n• marketing costs = $1,000\n• sales costs = $10,000\n• salaries = $96,000\nwhat was the customer acquisition cost?

Answer

Explanation:

Step1: Calculate total costs

$1000 + 10000+96000=107000$

Step2: Calculate customer - acquisition cost

$\frac{107000}{100} = 1070$

Answer:

$1,070$