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5 Ways You’re Losing Customers (And Profit) to Your Competitors

Without customers, no business would exist. Customers are responsible for paying the bills and making sure you remain in business. But what happens when you begin to lose your customers? Many female entrepreneurs have wondered why their customers don’t return and what can be done to turn the tables around. In this article, you’ll learn five common reasons why you’re losing customers (and profit) and what you can do about this. Let’s dive right in and see five common reasons why you could be losing customers and profits to your competitors; Poor Customer Service. This is by far the biggest reason why you’re losing customers and profit to your competitors. Consider the following statistics: 89% of customers will switch to a competitor immediately after a bad customer service experience. A customer who is dissatisfied will tell 9 – 15 people about their bad experience. 13% of people tell 20 people…