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Average Customer Acquisition Cost: Benchmark by Industry and How to Improve It

Userpilot

Are you trying to find your business’s average customer acquisition cost? In today’s competitive landscape, acquiring new customers is essential to any successful business’s or product’s growth. The average CAC varies across industries. What is customer acquisition cost (CAC)?

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A Guide to Customer Retention: Importance, Strategies & Metrics

Userpilot

Customer retention is vital for product success and business profitability. TL;DR Customer retention is the ability to keep your customers actively using their products. Key metrics to measure customer retention include customer retention rate , customer churn rate , customer acquisition cost, and customer effort score.

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Customer Retention vs Acquisition Cost: Which One Should You Focus?

Userpilot

Customer retention vs acquisition cost: Which metric matters more? While it’s important to acquire new customers for growth, retaining existing customers is imperative to ensure long-term success. TL;DR Customer acquisition is the process of attracting and converting prospective users into paying customers.

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How to Measure Growth of a Company [+ Metrics]

Userpilot

Different types of company growth include: Industry growth assesses your company’s performance by benchmarking against the industry average. Compound annual growth rates (CAGR) calculate the average annual growth of a company over a period. Find out potential friction by analyzing the customer journey stages with funnel analysis.

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11 Key SaaS Roles and Responsibilities in 2023

Userpilot

Average salary: $196,172/yr. Average salary: $191,286/yr. Average salary: $192,383/yr. Average salary: $151,254/yr. Average salary: $111,208/yr. Average salary: $100,340/yr. In large companies, the CSM also oversees other customer success roles. Average salary: $95,566/yr.

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Customer Retention Cost: What Is It, How To Calculate and Reduce Retention Costs

Userpilot

Looking to improve your retention rates by reducing customer retention costs? Retaining a customer may not always be less expensive than acquiring a new one. This is why it’s critical to understand retention costs and how to reduce them. In this article, we’ll explore customer retention costs.

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5 Essential Types of Product Metrics to Track For SaaS [+ Metric Lists]

Userpilot

Product metrics are critical for product growth managers to develop the right product strategies and drive continuous value for customers. The right metrics should align with the customer journey stages and goals, offer actionable insights, and track progress toward goals over time. You can also use a product metrics framework, ie.