Attracting and acquiring new customers is estimated to costs banks roughly __________ per new customer.
A)$10
B)$25
C)$50
D)$100

Name: Attracting and acquiring new customers is estimated to costs banks roughly __________ per new customer. A)$10 B)$25 C)$50 D)$100
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Question

Quizplus · Accepted Answer

According to a report by Javelin Strategy & Research, it costs an average of $100 for banks to acquire a new customer. This includes marketing, advertising, and other costs associated with attracting and onboarding new customers.

Attracting and Acquiring New Customers Is Estimated to Costs Banks