25iQuiz:
The getting paid back part of fintech lending is tricky. People get that. What they don't tend to understand is how much it costs to acquire a customer.
What is average customer acquisition cost for a $3k consumer loan?
What is average CAC for air miles credit cards?
The getting paid back part of fintech lending is tricky. People get that. What they don't tend to understand is how much it costs to acquire a customer.
What is average customer acquisition cost for a $3k consumer loan?
What is average CAC for air miles credit cards?
"It costs a bank about $250 to acquire new credit card customers, with about $100 going to buying airline miles and the rest covering marketing/ operational expenses." google.com/amp/s/www.forb…
What do airlines get paid if you sign up via the application handed out on a plane?
What do airlines get paid if you sign up via the application handed out on a plane?
Does this lifetime value calculation look right to you?
"From this chart, we have determined that the average lifetime value of the fifty thousand customers in this segment is only $28.76 in the first twelve months, rising to $202.81 in the third year." dbmarketing.com/articles/Art12…
"From this chart, we have determined that the average lifetime value of the fifty thousand customers in this segment is only $28.76 in the first twelve months, rising to $202.81 in the third year." dbmarketing.com/articles/Art12…
