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Why customers leave

If you’re wondering about why customers leave or don’t return, here’s what studies have shown.

One percent die.

There’s not a lot we can do about that. Its the old ‘death and taxes’ thing. Fairly unavoidable.

Three percent move away.

There’s not a lot we can do about that either. People move, now more frequently than ever. Often out of the reach of our businesses.

Five percent follow a referral.

These people get a referral or recommendation from a friend or family and decide to make a switch away from your business. Referrals are a very strong motivating factor. They’re the . . . → Read More: Why customers leave

Reactivating Lost Customers

Suppose you happen to remember and old customer you once had.  The last time you saw him or her wasn’t that long ago, maybe a year or two.

What are they up to?  Why haven’t they been around lately?  I wonder if I should do anything about that?  No more wondering – I haven’t got time.

Are you, or have you been in this position?  And if you check you customer database, how many of them have you not seen in the last year?  I bet if you total up every customer you haven’t seen in the last year, you’d have a nice . . . → Read More: Reactivating Lost Customers