Cryptocurrency Q&A
What is a good CAC for a startup?
What is a good CAC for a startup?
CryptoMystic
Tue Nov 19 2024
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7 answers
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I'm curious about the ideal Customer Acquisition Cost (CAC) for a startup. I want to understand what constitutes a good CAC when launching a new business.
7 answers
DondaejiDelightful
Thu Nov 21 2024
These expenses are related to acquiring new customers within a specified timeframe.
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Martina
Thu Nov 21 2024
Determining an optimal CAC is crucial for business profitability.
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SakuraSpirit
Thu Nov 21 2024
Ideally, a good CAC should be significantly lower than the Customer Lifetime Value (LTV).
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KpopMelody
Thu Nov 21 2024
The calculation of Customer Acquisition Cost (CAC) involves dividing the total expenses incurred.
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CryptoKnight
Thu Nov 21 2024
LTV represents the total revenue a customer generates during their entire relationship with the company.
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