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However, doing so requires a fundamental shift in mindset — from viewing marketing as a cost management function (CPL, CPA, etc.) The post How marketing leaders can transform marketing from a support function to a growth driver appeared first on MarTech. to seeing it as a core component of business growth. Processing.
Cost-per-acquisition (CPA) is how brands measure the efficiency with which they acquire new customers. Also known — by some, anyway — as “cost-per-action,” CPA can cover a range of activities, from buying something online, signing up for a newsletter, to downloading an app or an e-book. In short, CPA is a starting point.
Marketing Technology News: MarTech Interview with Bogdan Carlescu, VP of Marketing at Creatopy. For example, marketers can use measurable strategies such as cost-per-lead (CPL) and cost-per-action (CPA) to measure performance. Alternatively, CPL is when an advertiser pays a predetermined price for each lead generated.
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