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Customer Segmentation and Cost of Acquisitions
This chapter discusses the importance of customer segmentation and how it affects the cost of acquisitions. The speaker emphasizes the need to focus on acquiring more high-value customers (Whales) rather than low-value customers (Minnows). They talk about the significance of lifetime value and how it should be considered when evaluating marketing strategies. They also mention a spreadsheet available for download that compares different customer segments based on revenue generated from Google CPC.