It Now Costs Much More To Acquire A New Customer (

Customer acquisition costs are rising and hurting profitability for brands, according to a new study by SimplicityDX.

Merchants are now losing $29 for every new customer, compared with $9 in 2013 — a 222% increase.

Moreover, the study points to estimates that acquisition costs have risen by 60% in the past five years. And marketers have been affected by such complications as these:
*The introduction of iOS 14.5
*The demise of third-party cookies
*Increased consumer privacy legislation such as CCPA and GDPR
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