cps (cost per sale) refers to the total cost that a business incurs to make a single sale, which includes all marketing and sales expenses divided by the total number of sales.
Example: A software company partners with a digital marketing agency to boost its sales. If the software company spends $10,000 on a marketing campaign that directly leads to 100 sales of their $500 software, the cps would be $100. This means for each sale of the software, it effectively costs the company $100 in marketing expenses.
Understanding cps (cost per sale) helps businesses optimize their marketing efforts, reduce unnecessary spending, and strategically plan their sales initiatives to improve profit margins.