Saffron Retail: Paid Growth Is Getting Expensive

Product Management
hard45 min0 submissions
BCG
Scenario

Saffron Retail's apparel retail product has grown almost entirely through paid acquisition. That is becoming unsustainable.

Unit economics (monthly):

  • Blended CAC: $598
  • ARPU: $520
  • Gross margin: 73%
  • Monthly churn: 6.2%

Existing referral behaviour:

  • 15% of active users invite at least one other person
  • 27% of those invitations convert to a signup

CAC has risen 34% over 18 months as auction competition increased. The CEO wants a growth model that does not depend on buying every user.

Supporting data

trend

cac increase 18m pct
34

referral

implied k factor
0.041
users inviting pct
15
invite conversion pct
27

unit economics

blended cac
598
arpu monthly
520
estimated ltv
6123
ltv cac ratio
10.24
gross margin pct
73
monthly churn pct
6.2
Your task

Design the growth strategy. Provide:

  1. Analysis — current unit economics, payback period, and the strength of the existing loop.
  2. Risks — of the loop you propose and of continuing as-is.
  3. Recommendation — the specific loop to build and how you would prove it works.
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How you'll be graded

100 points, 60% to pass.

  • loop design25
  • growth model25
  • recommendation25
  • quantitative reasoning25
Hint
Reveal suggested structure
  1. LTV = ARPU × gross margin ÷ churn.
  2. LTV:CAC and payback period = CAC ÷ (ARPU × margin).
  3. K-factor = invite rate × conversion rate. K ≥ 1 is self-sustaining; below that the loop amplifies but does not replace paid.
  4. Identify the loop type — viral, content, or paid-recycled.
  5. Find the weakest step and fix that, rather than adding a new channel.