Ever felt like you're pouring money into a bottomless pit when it comes to attracting new customers? ♂️ Well, let me share something that might help us all save some hard-earned cash: The Real Deal on Customer Acquisition Cost (CAC)! Okay, so you already know what CAC is, right? But do you actually know how much it's costing YOU to bring in a new customer? If not, it's like shooting arrows blindfolded and hoping they hit the target. And if you do know your costs but find yourself spending more than necessary, well, that's a serious problem! In essence, scaling your business without knowing your CAC is as useless as trying to fill a leaky bucket. Don't let your valuable resources seep away unnecessarily! Now here's the kicker: I've been thinking… Are there any strategies out there that we haven't tapped yet to cut down our CAC? Or perhaps, have you found ways to reduce these costs without compromising on quality or customer experience? Let's share our thoughts and help each other out! Looking forward to hearing your insights! Best, [Your Name
Source:
https://neilpatel.com/blog/customer-acquisition-cost/