Day-08/30 :- In Day-08 we will learn about "What is Customer Acquisition Cost?" The Customer Aquisition Cost is also known as CAC. CAC is very important to understand the Business how it's going, the founder of a company or the owner of the business will spend some money to attract and acquire the customer they spending the money in ways like as a advertisement and marketing, etc these are comes under the CAC. So the company need to analyse the CAC whether the how much money is spending on each customer and whether on every profits making by every customer is higher than CAC are equal or not.
CAC Formula :- CAC = Total Cost of Acquisition / Number of New Customers
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