1. Define one acquisition action
Choose the outcome the CPA will represent and do not mix different actions.
2. Enter campaign cost
Use the full cost basis you want to evaluate.
3. Enter attributed acquisitions
Count completed outcomes credited to email for the same period.
4. Add unique clicks
This provides the post-click conversion rate behind the CPA.
5. Compare with allowable CPA
Judge the result against margin, lead value, or customer lifetime economics.