🧰 174: What is the No Code movement? Marketplace examples and 30 rules for designing high converting call-to-actions
How much should you pay for customer acquisition🤔
Cost-Effectively Acquire Customers
How much should you pay for customer acquisition🤔
Paul Graham explained it really well. A startup is a company designed to grow fast
If you could run out of resources, then once the flywheel starts you need a way to monitor if you are acquiring customers cheaply enough.
Lifetime Value (LTV), sometimes referred to as customer lifetime value, is the average revenue a single customer is predicted to generate over the duration of their account.
Customer Acquisition Cost (CAC) is the average expense of gaining a single customer.
A ratio of 1:1 means you lose money the more you sell. A good benchmark for LTV to CAC ratio is 3:1 or better. Generally, 4:1 or higher indicates a great business model. If your ratio is 5:1 or higher, you could be growing faster and are likely under-investing in marketing.
💡Good to Know
My latest post about what is the No Code movement. Link
CEO and Co-Founder of AppGyver shares his technical perspective on how No Code manages complexity making them simple to use and work with. I like how he explains the progression of tools that abstract the complexity. No Code tools are becoming more and more powerful thanks to amazing developers. Link
Abadesi shares tips for women looking to break into tech. Link
Video of the most popular programming languages 1965 - 2019. Link
Sean Ellis created this free survey to help people track PMF. Link
Great breakdown of how Nike is playing in the digital fitness space - from a completely different angle. Link
30 rules for designing high converting CTA. Link
Need to apply for R & D tax credits. Link
R&D claim for tax advisors. Link
🛠️ Low-Code Tools
PierShare was built in Bubble. Link
Orape was built in Webflow. Link
StudioTime was built in ShareTribe. Link
Comparison of Zapier and Integromat. Zapier has more integrations, been around longer, more newbie-friendly. Integromat has a lot of tools but feels like it’s been designed by a developer. It has things that only a developer would know how to use. Link
An online tool that makes online meetups more fun. Link
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