Losing customers is one of the most important things that you want to look out for as a business owner. Customers are the backbone of your income; therefore, it’s critical that you make them happy and coming back for more. Some research points to the fact that as many as 80% of customers say they would never return to a store they once shopped at.
So what makes people walk away and never want to return their business again? The best way to avoid losing customers is to understand what motivates them to leave in the 1st place. Here are some of the most common reasons why customers never return to a certain business again.
You Failed to Meet Their Expectations
There aren’t a variety of reasons why customers might feel disappointed in the service you gave them. Whether they didn’t like the fact that you didn’t have an ATM machine, or the product you gave them failed to meet their standards, angry customers tend to spread the news much faster than happy customers.
While sometimes there’s no way to avoid dissatisfied customers, there are things you can do to decrease the chances of people walking away disappointed. The best way is to create a superior product or service. When you deliver a quality product that’s unarguably the best, it will be more difficult for people to discredit the services you offer.
Poor Customer Service
If there’s one thing most people can agree on that they hate about a business, it’s poor quality service. Customer service is a critical part of making customers feel valued. Customers who feel like they’ve been treated the way that they like to be treated are likely to stay loyal for life. For this reason, it’s important that your entire team is on the same page when it comes to delivering excellent service. All it takes is one bad seed not to ruin your reputation.
Consistency is a critical part of building trust with your customer base. When your customer knows that anytime they purchase from you, they will receive a certain level of quality; they will never have doubts about your value as a business. However, when a customer is never sure what they’re going to get, it still won’t be long until they start knocking on other doors.
- Why Startups Fail (Solid Reasons of Why 90% of Startups Fail)
- Six Surprising Ways to Increase Your Odds of Success with Your Start-Up
The way to avoid them turning to your competitors is to take the time to deliver consistently excellent work period the way to do this is by creating a foolproof system that all of your employees are trained on. By staying loyal to your product and brand, and by following customer service guidelines, your customers should receive the high-quality service that they expect every time.