What do you think? An entrepreneur who is thinking of making some big plan, be it in any field, what can he learn from Byjus about what not to do? Because today a billion dollar company is on the verge of closing down, so what can be learnt?
entrepr
See More
Manthan
Stealth • 3m
I think in the start of a business , we can expect a high customer acquisition cost but if the cost is similar after being in field for so long, which means the product is not delivering good value to the people and this simple thing was missed out by byjus
0 replies
More like this
Recommendations from Medial
FED KIIT
Stealth • 3m
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)
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.
What would be the cost of developing a app similar to zepto / dunzo and operation cost also.
Building app should be first step or something else ?
9 replies5 likes
Arcane
Stealth • 5m
In the future, VALUE SYSTEMS will continue to play an increasingly important role in consumer decision-making. Companies that want to be successful will need to focus on delivering value in all four areas of the Elements of Value pyramid.
Question f
See More
0 replies6 likes
Vikas Acharya
•
Medial • 18d
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
See More
0 replies4 likes
Atharva Deshmukh
Stealth • 6m
Commonly used Jargons
1)Bull Market:-If you expect the stock prices to go up,you are bullish on the stock price.
2)Bear Market:-If you expect the stock prices to go down,you are bearish on the stock price.
3)Trend:-The term ‘trend’ usually refers
See More
0 replies6 likes
Havish Gupta
Stealth • 8m
Elon Musk Has something called *Idiot Index* at spaceX!
Its very simple thing. It calculates the ratio between Price Of Part and Cost of Raw Material used in that part.
Like if a part cost $1000, and it takes raw material worth $100 to make it, the
Two aspects here :
1. Swiggy Instamart Using Momentum Market to Sell IPL team Jersey's!
2.RCB jersey cost is double the value of other Teams & that's pure brand value!
I feel both astonishing!
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
Automated Client Acquisition:
- **Solution**: A service that automates the process of finding and reaching out to potential clients.
- **How it Works**: AI-driven CRM systems that identify potential clients, analyze their needs, and assist in c