Despite the existence of the embargo, the United States is the fifth largest exporter to Cuba (6.6% of Cuba's imports are from the US). However, Cuba must pay cash for all imports, as credit is not allowed.
Customer Acquisition Cost is the cost associated in convincing a customer to buy a product/service. This cost is incurred by the organization to convince a potential customer.This cost is inclusive of the product cost as well as the cost involved in research, marketing, and accessibility costs. This is an important business metric.It plays a major role in calculating the value of the customer to the company and the resulting return on investment (ROI) of acquisition.his cost is incurred by the organization to convince a potential customer. This cost is inclusive of the product cost as well as the cost involved in research, marketing, and accessibility costs.
Not only that, but repeat customers spend, on average, 67% more.â. âThe lifetime value of a customer includes everything they will ever buy from you today, tomorrow, and in the years aheadâand the cost of acquiring a new customer is estimated to be 20 times greater than keeping an existing customer happy.â.