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Awesome ๐ What are the expected costs for the customer?
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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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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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