Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Little Leaguers Summer Sluggers Elite Ballplayers (Print Ad) Elite Ballplayers (Party) Entertainment Seekers Contact Cost 1,000 1,500 300 12,500 50 Response Rate 10.0% 15.0% 0.5%
Little Leaguers | Summer Sluggers | Elite Ballplayers (Print Ad) | Elite Ballplayers (Party) | Entertainment Seekers | |
Contact Cost | 1,000 | 1,500 | 300 | 12,500 | 50 |
Response Rate | 10.0% | 15.0% | 0.5% | 25.0% | 2.5% |
Acquisition Cost | ??? | ??? | ??? | ??? | ??? |
Workers Needed | 2 | 1 | 1 | 1 | 2 |
Worker Labor Cost | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 |
Instructors Needed | 1 | 0 | 1 | 1 | 0 |
Instructor Hourly Labor Cost | 3,000 | N/A | 4,500 | 4,500 | N/A |
Total Cost Per Hour | ??? | ??? | ??? | ??? | ??? |
Hourly Price Charged | 6,500 | 3,000 | 7,500 | 7,500 | 4,000 |
Hourly Margin | ??? | ??? | ??? | ??? | ??? |
Hourly Margin % | ??? | ??? | ??? | ??? | ??? |
Annual Hours | 10.0 | 4.0 | 20.0 | 20.0 | 1.5 |
Annual Margin | ??? | ??? | ??? | ??? | ??? |
Retention Rate | 75.0% | 50.0% | 60.0% | 60.0% | 35.0% |
Interest Rate | 10.0% | ||||
What is the customer acquisition cost?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started