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New Customer Total Cost measures the complete cost stack for first-time buyer orders, including all attributed costs for acquisition.

Formula

NC Total Cost = NC COGS + NC Fulfillment + NC Marketing + NC Agency Fees + NC Opex

Formula Components


Example

Your Shopify store’s new customer orders incurred: An NC total cost of $52,000 represents your complete investment in acquiring new customers.

How It Works

NC Total Cost aggregates all costs attributed to new customer acquisition. This includes the costs of products they buy, shipping their orders, and the marketing investment needed to acquire them.

When to Use


See all Contribution Margin metrics →