Formula
Cost per New Customer Purchase = Channel Spend ÷ New Customer Purchases
Formula Components
Example
Your Shopify store spent $12,500 on ads in January and tracked 125 new customer purchases through the Upstack pixel.How It Works
Upstack tracks purchase events from your Shopify store and identifies first-time customers using identity resolution. The metric divides your total advertising spend by the number of these tracked new customer purchases, giving you the true cost to acquire a converting first-time buyer.When to Use
Related Metrics
See all Conversions metrics →