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PRATHAM

Stealth • 7m

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 efforts (like advertising expenses, employee salaries for certain work, overhead costs, etc.) divided by the number of customers acquired during the period the money was spent. In short, it's how much it costs a business to gain a new customer. It's a crucial measure for businesses to understand the return on investment for their marketing efforts.🤌?

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