Cost Per Acquisition (CPA)

The cost of acquiring one customer through a specific channel or campaign — a narrower, channel-level cousin of CAC.

CPA and CAC are not the same

CPA is usually channel-scoped and counts programme spend. CAC is company-wide and fully loaded, including salaries. Presenting CPA as CAC understates acquisition cost substantially.

It inherits attribution's limits

Channel-level cost depends entirely on the attribution model. Change the model and every CPA changes, without anything about the business changing.

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