What are the Common Challenges in Customer Acquisition?
Some common challenges in customer acquisition include:
High CAC: The cost of acquiring new customers can be high, especially in competitive markets. Market Saturation: In saturated markets, attracting new customers can be challenging due to the abundance of options available. Changing Trends: Keeping up with changing consumer preferences and market trends requires continuous adaptation. Brand Awareness: Building and maintaining strong brand awareness is essential but challenging, especially for new businesses.