Welcome to another episode of Subscription Prescription, where we unlock the secrets to scaling your subscription business! In this episode, host Matthew Holman dives deep into essential metrics like Customer Acquisition Cost (CAC), Lifetime Value (LTV), and Contribution Margin. These are the building blocks for understanding how to acquire subscribers profitably.
You'll learn:
- The importance of knowing your CAC and how it impacts your ad spend.
- How to balance upfront costs with long-term subscriber value.
- Strategies to boost your subscribers' Lifetime Value, including prepaid subscription options and effective onboarding tactics.
Whether you're a seasoned e-commerce professional or just getting started, these insights will help you make informed decisions to grow your business sustainably. Don't miss out on these game-changing strategies!
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💬 Got questions? Drop them in the comments below or reach out to Matthew directly on LinkedIn or Twitter at Matthew Holman, the Subscription Doc.
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