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How to Measure Ecommerce Customer Acquisition Cost (+ Tips to Reduce it)

ConversionXL

Customer acquisition cost (CAC) is an important metric for any ecommerce business. Put simply, you need a healthy customer acquisition cost for your business to succeed. It’s up to every ecommerce business to find the middle ground between investing too little in customer acquisition and spending beyond your means.

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18 Ways to Make Your Financial Model Stand Out to Investors

David Teten

I look at a lot of spreadsheets and analytic reports, and way too many are difficult to read and therefore hard to understand. It’s misleadingly precise to have two digits to the right of the decimal in a CAC/LTV multiple for year 3 of your forecast (“Customer Acquisition Cost”/”LifeTime Value of Customer”).

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Strategy Roundtable For Entrepreneurs: VCs Are Not Always Right

ReadWriteStart

Parallel6 is already clocking over $1 million in revenue and is looking to enhance its customer acquisition and also raise some financing. Statisco Economic Analytics. Prashant is focusing his market validation process on mid-market companies - 2-3 years old, and somewhat stable.

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How to Run Your Company Based on Metrics: What, Why, How, Who, and When

David Teten

Customer Acquisition Cost (CAC). Lean Analytics recommends this set of metrics for some of the major categories of startups: Create a management dashboard. I suggest looking at dashboard tools such as Anaplan , ChartMogul , Domo , Fathom , Geckoboard , GoodData , RJ Metrics , Microsoft Power BI , Mode Analytics , or Tableau.

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Five Critical Ways To Become Indispensable In Business

YoungUpstarts

by Rick Wong, author of “ Winning Lifelong Customers With The Five Abilities “ Competition is fiercer today than ever before, and no matter how much you focus on data, analytics, and performance, it may surprise you that what ultimately matters the most to people is the human touch. Companies don’t make decisions — people do.

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The Very Best Digital Metrics For 15 Different Companies!

Occam's Razor

#tearsofpain One way of removing silos and focusing on the entire business is to leverage Acquisition, Behavior and Outcome metrics. A small change I’ll make in this post is that when I recommend the metrics, I’ll follow the Outcomes | Behavior | Acquisition structure throughout this post. Hence that’s the macro-outcome.

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How can startups engage with Google?

VC Cafe

If you’re a startup founder, you’re probably looking at Google in some way, maybe in terms of partnership or acquisition, but maybe some level of suspicion and fear. Google Corporate Development – Google may sometimes invest in a company from the balance sheet. M&A – Acquisitions. Open for all.