I am starting a business like crio.do , where I am selling courses for students to become software Engineers. Crio is charging a lot 2.5 lakh per student, I think it can be done with very less charge. What do you guys think ? Will this work? Any majo
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Anonymous 2
Hey I am on Medial • 1y
Their price is high because their CAC (cost of acquisition) is high.
WTF is CAC (Customer Acquisition Cost)❓🤔👀
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
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... • 7m
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)
Though companies like scale.ai exist why AI startups struggle to find high-quality data. Is it because of the cost?
3 replies7 likes
PRATHAM Khandelwal
Entrepreneur • 2m
The problem - venue cost
I want to organize a party of 500 each ticket for 50 people with basic snacks and a high theme event for teenagers
But the problem is the venue price messed up the cost structure of events any suggestions
1 replies6 likes
Raahul Janngra
Nothing is impossibl... • 7m
Does anyone know these Instagram people. Where are the clothes from because their price is very cheap 🤔
2 replies1 like
Pavan Babar
Consistent | Dicipli... • 10m
Sting caused Redbull's India market share decline from 75% to 7%.
🤔👇
India is the place where you can play with price
People love to see lower prices in India on every product
250 ml of Red Bull can cost 125 rupees where 250 ml of Sting cost onl
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1 replies3 likes
Aditya Malur
AI-Powered Product C... • 1m
Should Medial host offline/online events for startups?
Advantages:
1. Strong networking opportunities for the community.
2. Enhanced brand value for Medial.
3. Lower customer acquisition cost (CAC) and an additional revenue stream for Medial.
Wh
Why Nike Jordans become expensive as they get older, and how Nike pulls it off by controlling price elasticity & clever marketing.
We will understand price elasticity with a very small & simple example
See, how high or low the price of any produc
Startup Terminologies Demystified 🚀
1) LTV (Customer Lifetime Value):
The total revenue a business can expect from a single customer during their entire relationship with the company. It helps measure how valuable a customer is in the long run.
