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A startup is analyzing its customer acquisition costs. Requirements: Calculate the Customer Acquisition Cost (CAC) for a marketing campaign that cost $10,000 and resulted in

  • A startup is analyzing its customer acquisition costs.
  • Requirements:
    • Calculate the Customer Acquisition Cost (CAC) for a marketing campaign that cost $10,000 and resulted in acquiring 500 new customers.
    • Suggest at least two strategies to reduce CAC.
    • Explain how reducing CAC contributes to Lean startup principles.

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