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
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Manthan
Stealth • 2m
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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Top 10 Metrics for Startups
👉 Customer Acquisition Cost (CAC): How much does it cost you to gain a customer?
👉 Lifetime Value (LTV): The total worth of a customer over their entire relationship with your business.
👉 Burn Rate: How quickly are y