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)
siddhartha gupta
Hey I am on Medialย โขย 9m
D). Customer lifetime value(CLV)
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FED KIIT
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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)
What would be your approximate Customer Lifetime Value (CLV)?
You run a mobile app that offers premium subscriptions for โน500 per month.
Last year, you acquired 1,200 new customers, and your marketing spend for customer acquisition was โน1.2 lakh.
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Most of the small business owners forget (or) don't care to calculate CLV.
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STARTUP TERMS TO KNOW - Day 1
1.PIVOT - A significant change in a startup's business model or strategy.
2.BOOTSTRAPPING - Funding a startup using personal savings or internal revenue without external help.
3.UNICORN - A privately held startup valu