marketing

CPA (Cost Per Acquisition)

Cost to acquire one conversion - often used as a near-synonym for CAC in paid advertising.

Definition

CPA (Cost Per Acquisition) is what you spent divided by the number of conversions (sign-ups, purchases, qualified leads). It's the universal yardstick inside ad platforms. CPA differs from CAC slightly: CPA usually counts any conversion event (a lead, a trial), while CAC specifically counts paying customers. In B2B paid advertising, CPA for a qualified lead is typically $50-300; CPA for a customer can be 10-30x that depending on conversion rates downstream.

In your business

  • Track CPA per channel and per conversion stage (lead, trial, customer)
  • Set max CPA targets based on LTV - if max CPA is $200, that's your kill switch
  • CPA usually drifts up as you scale - budget for diminishing returns

Related terms

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