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They wanted to understand "whether the cash flow they were presenting was real" and to determine the "cost of customer acquisitions".
In the first half of the financial year, a 30% year-on-year increase in customer acquisitions drove the number of active users of the service up 18.9% to 471,000.
In particular, the increase in margins reflects the benefits of cost cutting as well as the self help that new products and customer acquisitions have achieved on the revenue line.
That includes product branding, customer acquisitions, traffic, sales and customer retention.
Recent customer acquisitions include PreSonus, Magisto, Symantec, and DudaMobile.
The new financing will be used to for new customer acquisitions and for further product development.
Similar(42)
It's a great customer acquisition vehicle.
So we have a harder time with customer acquisition.
The fees would inflate his company's customer acquisition costs, he said, "and customer acquisition cost is the Rosetta stone of this whole model".
The company's literature says VMailTalk " encourages uses and has positive effects for your customer acquisition".
It also lets them optimise these efforts to increase customer acquisition, retention and affinity.
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