do you know what the "cost of acquisition" is?
glossary FAQ: glossary.
Elena P. From Schaan, Liechtenstein
14 December, 2009
A business sales term referring to the expense required to attain a customer or a sale. In setting a marketing and sales strategy, a company must decide what the maximum cost of acquisition will be, which effectively determines the highest amount the company is willing to spend to attain each customer.
This cost is tied to marketing and sales campaigns because the more streamlined those campaigns become, the lower the customer cost of acquisition will be. Conversely, in a high-budget marketing and sales campaign, the acquisition cost may be relatively high depending on how many sales or customers the campaign draws in. Visit MIG Investments
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- Background:
- HY Markets a 28 Throgmorton Street, London EC2N 2AN, UK located retail online foreign currency exchange facilitator, was established on 1978.. After starting off a few years ago to a frigid start, it is slowly turning out to be one of the most successful platforms available.
- HY Markets' Specs:
- HY Markets is of the more efficient forex platforms out there. HY Markets makes an honest effort to keep you on the floor with 24/7 service and customer support. This is download based, but it's also terribly quick. Whatever your preference Chinese, Japanese, English or Arabic (or any other of a long list of other languages), HY Markets offers crisp and flowing analysis and decision through its multilingual interface. You should also know, that If you're just starting out, this one's exactly what you need as it features a selection of educational courses. In my opinion, the beauty of a well designed beginner oriented platform is in it's ability to make itself seem like a game, something that HY Markets accomplishes by simultaneously is amusing and to the point. Keep in mind that psychological factors play a key role in task focused platform interface.
- Ups:
- - Customer Support - Smooth Download - Good for Beginners - 24 Hour Access
- Downs:
- - A Narrow Number of Currencies - Confusing Options
- To Wrap things up:
- There are definitely sizable capital piling up. You can't pass by this break.
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