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More Market Research Stats

In 2017, Foxconn Technology Group achieved a net income of 135.37 billion New Taiwanese dollars, the equivalent to approximately 4.55 billion U.S. dollars.

Revenue Churn Rate = (RCR) (MRR at beginning of month – MRR at end of month) – MRR in upgrades during month / MRR at beginning of month

54% treat upselling and add-on sales as high priority

86% of SaaS businesses treat “New Customer Acquisition” as their highest growth priority, both in terms of executive support and funding available

The average SaaS business generates 16% of its new Annual Contract Value (ACV) from upselling to existing customers

Customer Acquisition Cost (CAC) = sum of all sales & marketing expenses/ number of new customers added

Sony’s PlayStation brand had accumulated approximately 38.57 million fans on the social network

Internet sales-driven companies have a much greater reliance on marketing, with 65% of the median company’s CAC budget devoted to marketing

If you are charging $500 per month, you can afford to spend up to 12x that amount (i.e. $6,000) on acquiring a new customer

In 2018, the U.S. imported aerospace products worth about 53.98 billion U.S. dollars.

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