There is too much competition. The customer acquisition cost will be high and for a long time you will suffer loss. So you will need a lot of capital. That is even when you do all the things right.
Anyone who is interested to be a co founder in grocery delivery App, food delivery app and medicine delivery app, we will give customers to them, hence no customer acquisition cost
Guys what is the average customer acquisition cost of ecommerce website whose average price is 400. Iam only running instagram ads right now. So what should be my average conversion cost in general.
8 replies4 likes
FED KIIT
Federation of entrep...ย โขย 10m
Which metric is most commonly used by startups to measure product-market fit?
A) Customer Acquisition Cost (CAC)
B) Net Promoter Score (NPS)
C) Customer Lifetime Value (CLV)
D) Monthly Recurring Revenue (MRR)
Just read an awesome article from ZScale Capital on key metrics for business growth! ๐๐
If you're building a company, you NEED to be tracking metrics like Customer Acquisition Cost (CAC), Customer Lifetime Value (CLV), Daily/Monthly Active Users (
WTF is CAC (Customer Acquisition Cost)โ๐ค๐
Let me explain this, Customer Acquisition Cost (CAC) is a key business metric that represents the total cost of acquiring a new customer. So, This includes all the costs associated with sales and marketing
Top 10 Metrics for Startups
๐ Customer Acquisition Cost (CAC): How much does it cost you to gain a customer?
๐ Lifetime Value (LTV): The total worth of a customer over their entire relationship with your business.
๐ Burn Rate: How quickly are y
Hi,
Iโve built Whamart โ a WhatsApp-style mini store platform designed for Indiaโs unregistered local shop owners.
It offers all WhatsApp Business API-like features at no extra cost, even without a GST number.
The platform is fully developed and live
Salonwala is a tech-enabled, two-sided marketplace platform that connects customers with
verified, hygienic, and high-quality salons and beauty parlours. It offers digital appointment
booking, transparent pricing, hygiene standardization, and marke
See More
0 replies4 likes
Aryan Raj
Building @Prescribal...ย โขย 1y
What's your review on this ??
Will this dominate the generative ai Industry Or still there will be a lot of competition...