How can I reduce customer acquisition cost (CAC) for my business?
To reduce CAC, consider optimizing your marketing strategies, improving your sales funnel, and enhancing customer retention.
What specific marketing strategies should I focus on?
Focus on content marketing, social media engagement, and targeted advertising to attract the right audience.
How can I improve my sales funnel?
Analyze each stage of your funnel, identify drop-off points, and implement strategies to nurture leads effectively.
What role does customer retention play in reducing CAC?
High customer retention reduces the need for constant acquisition, thus lowering overall CAC and increasing profitability.
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