Experimenting On lea... • 1y
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.🤌?
Director & CEO @ Exc... • 1m
Mastering Unit Economics Unit economics isn’t just a metric—it’s your startup’s financial DNA. It reveals whether each customer adds value or drains cash. Here’s how to build your unit economics from scratch: 1. Define Your Economic Unit What drives
See MoreI Help Start-up Foun... • 5m
What would be your approximate Customer Lifetime Value (CLV)? You run a mobile app that offers premium subscriptions for ₹500 per month. Last year, you acquired 1,200 new customers, and your marketing spend for customer acquisition was ₹1.2 lakh.
See MoreAI-Powered Product C... • 4m
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
See MoreDirector & CEO @ Exc... • 1m
Decoding Unit Economics for Early-Stage Startups Unit economics is your startup’s compass. It tells you if scaling will make you rich—or broke. Here’s how to decode it, step by step: 1. Define a Unit: This could be a customer, order, or subscriptio
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