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intermediate📖 7 min read

Paid Acquisition

Also known as: Paid MarketingPerformance MarketingPaid UAPaid AdsDigital AdvertisingPPC

ROAS = Revenue from Paid Customers ÷ Ad Spend

💡The Concept

Paid acquisition is spending money on ads to acquire customers — Google Ads, Meta Ads, LinkedIn, TikTok, etc. The core equation is simple: if you spend $100 on ads and get 2 customers, your paid CAC is $50. The channel is scalable but has diminishing returns — the first $10K/month is often 3-5x more efficient than the next $100K/month because you exhaust the best-fit audiences first.

⚠️The Trap

The fatal trap is scaling paid spend before knowing your unit economics. If your LTV is $200 and your paid CAC is $80 at $5K/month spend, you assume it'll stay at $80 when you 10x to $50K/month. In reality, paid CAC typically increases 30-60% as you scale because you move from high-intent searchers to broader, less-qualified audiences. Many startups burn through their runway scaling a channel that was only profitable at small budgets.

🎯The Action

Calculate your Paid CAC Payback Period: Paid CAC ÷ (Monthly ARPU × Gross Margin). If payback is under 6 months for B2B SaaS or under 3 months for B2C, you can scale confidently. Track ROAS (Return on Ad Spend) weekly: Revenue from paid customers ÷ Ad spend. Target a minimum 3:1 ROAS for sustainable growth.

Pro Tips

#1

Never measure paid acquisition by CPC (cost per click) alone — a $0.50 click that doesn't convert is infinity CAC. Measure by CAC, then by LTV:CAC ratio.

#2

Run 'dark periods' — turn off paid ads for 2 weeks quarterly. If revenue barely dips, your organic engine is strong. If it craters, you're dangerously dependent on paid.

#3

The best paid acquisition targets competitors' branded keywords. Customers searching for your competitor's name are already educated on the category — conversion rates are 2-3x higher than generic terms.

🚫Common Myths

Myth: “More ad spend always means more customers

Reality: Ad platforms have diminishing returns. After exhausting your ideal audience, each incremental dollar reaches less qualified users. Facebook's average CPM increased 89% from 2020 to 2022, while conversion rates dropped 33%.

Myth: “Low CPC means efficient acquisition

Reality: A $0.30 CPC with 0.5% conversion rate gives you a $60 CAC. A $3.00 CPC with 10% conversion rate gives you a $30 CAC. Optimize for CAC, not CPC.

📊Real-World Case Studies

🪒

Dollar Shave Club

2012-2016

success

Dollar Shave Club launched with a viral YouTube ad costing just $4,500 to produce. It generated 12,000 orders in 48 hours. They then invested heavily in Facebook Ads, maintaining a CAC of ~$8 in their first year because the viral brand awareness made paid ads dramatically more efficient. By 2016, their blended CAC was still under $20 — enabling Unilever's $1B acquisition.

Viral Video Cost

$4,500

First 48h Orders

12,000

Early-Stage CAC

$8

Acquisition Price

$1B

💡 Lesson: The most efficient paid acquisition happens when you have organic momentum first. DSC's viral video created brand awareness that supercharged every paid dollar — their ads converted at 3-5x industry average because people already knew the brand.

Source →
📱

Quibi

2020

failure

Quibi launched with $1.75 billion in funding and spent an estimated $400M+ on marketing in its first year, including Super Bowl ads at $5.6M per 30-second spot. Despite massive paid spend, they acquired only 500K paying subscribers. Their paid CAC exceeded $800 per subscriber while monthly ARPU was just $5-8, creating a catastrophic LTV:CAC ratio below 0.1:1.

Total Funding

$1.75B

Marketing Spend

$400M+

Paying Subscribers

500K

Estimated Paid CAC

$800+

💡 Lesson: No amount of paid acquisition can fix a product nobody wants. Quibi's failure proves that scaling ad spend without product-market fit is the fastest way to burn cash. Their $800 CAC vs $5 ARPU meant every customer was worth negative $700.

📈Industry Benchmarks

Paid CAC

B2B SaaS (SMB segment, $50-200/mo ARPU)

Elite

< $50

Good

$50-150

Average

$150-300

Needs Work

$300-500

Critical

> $500

Source: ProfitWell 2024 SaaS Benchmarks Report

ROAS (Return on Ad Spend)

E-commerce (average order $50-150)

Elite

> 5:1

Good

3:1 - 5:1

Average

2:1 - 3:1

Needs Work

1:1 - 2:1

Critical

< 1:1

Source: Google Ads Industry Benchmarks, 2024

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