Question: Mailings Review View Help EndNote X9 Acrobat EEEEE Find | 1 Normal 1 No Spac... Heading! Heading 2 Title Subtitle 4 Reple Seled Paragraph Styles
Mailings Review View Help EndNote X9 Acrobat EEEEE Find | 1 Normal 1 No Spac... Heading! Heading 2 Title Subtitle 4 Reple Seled Paragraph Styles 5 Editing 3. You are seeking a ratio of 5 buyers on your platform for every 1 seller. The costs to acquire these people are: Sellers: 80% acquired free by word-of-mouth 20% acquired for a cost of $100 Buyers: 90% acquired at a cost of $200.10% acquired free by word-of-mouth What are the costs to acquire 5 buyers and 1 seller? (Blended customer acquisition cost) 4. The average seller on your website produces $50 in gross profit per month for 3 months. You make So from buyers. What is the customer lifetime value? What is the LTV: CAC ratio? 5. How many customers are needed to break even? Report this as the number of sellers and number of buyers. 6. What is your overall assessment of the viability of this company of the variables in the above calculations, which do you see as being the biggest problem for the venture? Why? lity: Good to go
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
