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?
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Manthan
Never give upย โขย 8m
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
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Raghav Agarwal
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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.
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PRATHAM
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WTF is CAC (Customer Acquisition Cost)โ๐ค๐
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
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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.
Which metric is most commonly used by startups to measure product-market fit?
A) Customer Acquisition Cost (CAC)
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D) Monthly Recurring Revenue (MRR)
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What your Customer Acquisition Cost should be, in order to grow your start-up? I am speaking generally, not at a specified period. Every start up has their own strategy they may choose higher cost to acquire fast or lower to reduce e