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Thanks, I appreciate the time taken to give this feedback. Honestly, I expect user acquisition to be very challenging, the industry average cost of acquisition
by hashvin 10y ago
Thanks, I appreciate the time taken to give this feedback. Honestly, I expect user acquisition to be very challenging, the industry average cost of acquisition is currently at around $2.50 / user and considering I will be running pre-rev for atleast a year will further stress the company. I am working on a concrete plan of action and am quite sure I can get down COA substantially considering I managed to get it down from another startup of mine from $1.00 -> $0.35 but that was in a completely different market and it was an easier sell.
I will check out your other comment, if you have any suggestions on marketing ideas I would appreciate it.
- thecneu 10y agoIs this available yet? Also I think letz will be easier for the app search engines. There is a lot of Let's * apps out there.
- hashvin 10y agoNot available yet but projected launch this summer. we are currently working on onloading strategy to get users on quickly upon launch. We saw the same problem you described with alot of Let's we will probably change it. Im on the fence but there are more pros than cons to the change.