Use our AI-powered chat to more quickly connect with Corkboard Concepts thought leadership and find answers to questions you may have!
Use our AI-powered chat to more quickly connect with Corkboard Concepts thought leadership and find answers to questions you may have!
What does CAC mean?
CAC or Customer Acquisition Cost, is the total cost of marketing and sales efforts used to acquire a new customer.
CAC can be mea
sured by dividing all the expenses in getting new customers by the number of customers gained during the period the money was spent. For ex
Don’t Want To Miss Anything? Sign Up For Our Newsletter!
Don’t Want To Miss Anything? Sign Up For Our Newsletter!
ample, let’s say a company spend $1000 a year on their marketing and acquired 1000 customers in that same year. That means the CAC is $1.