A Customer Acquisition Plan is a strategic approach within a Go To Market (GTM) framework that outlines how a business will attract and convert new customers. It details the methods, channels, and tactics used to reach potential buyers and turn them into paying customers.
Synonyms: Customer Acquisition Strategy, Customer Acquisition Roadmap, Customer Acquisition Approach, Customer Acquisition Framework

A Customer Acquisition Plan is crucial because it helps businesses focus their marketing and sales efforts on the most effective ways to gain new customers. Without a clear plan, companies may waste resources on ineffective strategies, slowing growth and reducing return on investment.
Businesses use a Customer Acquisition Plan to identify target audiences, select marketing channels (such as social media, email, or paid ads), and define sales processes. It guides teams on how to engage prospects, nurture leads, and close sales efficiently.
Examples include using content marketing to attract inbound leads, running targeted advertising campaigns on platforms like Google or Facebook, or leveraging partnerships and referrals to reach new customers.