Disgruntled Customers: The Rapidly Rising Cost For Small Businesses
'Designing Strategies' Newsletter July – August 2012 Volume 9 – Issue 48 The Rapidly Rising Cost of Disgruntled Customers Sometimes, it is difficult put your arms around actual costs related to losing a customer. But, the fact remains the impact on your bottom line can be significant. It is common knowledge that holding existing customers is less expensive than courting new ones. There is a good chance dissatisfied customers won’t bother to say goodbye, or tell you why they are unhappy. [...]