The cost per lead fell 40%. The cost per customer rose £900.

Marketing is hitting its numbers, sales says the leads are worse, and finance can see acquisition cost climbing. All three can be right at once.

Abstract bridge artwork for The cost per lead fell 40%. The cost per customer rose £900.

A marketing report shows cost per lead down from £30 to £18 over two quarters. Volume is up. The channel dashboard is green. Meanwhile the sales team says the leads are worse than they were a year ago, and the finance view shows cost of acquiring a customer moving in the wrong direction. Nobody is lying. The three views are measuring different things, and the metric that would reconcile them is usually the one nobody owns. Cost per lead is seductive because it is fast, controllable and attributable. You can…

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