Loyalty360 Reads: August 31: Increased Customer Acquisition Costs, JPMorgan’s New Travel Agency, and More
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Increased Customer Acquisition Costs Put on Emphasis Customer Loyalty SimplicityDX announced a new research study showing the escalating costs of customer acquisition. Customer acquisition costs have increased by as much as 60% in the last five years according to industry estimates, but key factors have compounded the challenges for brands, including the demise of third-party cookies and increased consumer privacy legislation. A renewed focus on collecting first-party data, such as customer contact data on brand websites, has become....

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