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How much can one customer with a bad experience cost my business?

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Question added by Dana Qaisi , Social Media Specialist , N/A
Date Posted: 2016/05/15
Louise Ann Latoga
by Louise Ann Latoga , Customer Service Assistant , GB Distributors Inc.

It depends on how you handle the situation. The best thing I can do is to ask for a sincerest apology first for the bad experience then i will do my best to regain customers satisfaction and trust thru prompt action and effecient quality service.

Heavenly J John
by Heavenly J John , Head of the Dealership Operation , Automobile Company

No matter how good the processes, people or intentions, no business can get it right% of the time. If you’re in business, customer concerns are a fact of life. But the cost of issues that leave customers dissatisfied is huge.

 

It’s pretty clear. When customers are unhappy with the service you provide, they take their business elsewhere. And considering that it costs6-7 times more to acquire a new customer than to keep an existing one, every lost customer hurts your business even more.

 

But all is not lost. Customer concerns – if caught and addressed early – are actually opportunities to cement customer loyalty.

one customer who had a bad experienc can cost a lot most especially wherein the company is engage in social media wherein they can just post their comments on it. It will give a negative effect to you prospect cilent or costomer.

Stand with the cliche Customer is always right.

mahesh joshi
by mahesh joshi , lead barista , M.H. ALSHAYA WLL

if we loose one we lose lots  we can make it ryt by using  latte method

L= listen completily

A= acknowledge customer feeling

T= take action

T= thanks customer to give us an suggetion

E= encourage customer to come back again

 

Ammad Zia
by Ammad Zia , Office Manager , ENHANCED ENGINEERING & MULTI-TECHNOLOGIES CO.

As per facts and figures, a customer with bad experience would spread / effect on 11 potential customers whereas a satisfied customer wold effect on 4 potential customers. 

Ahmad Hawa
by Ahmad Hawa , Artificial Lift, ESP Technical Support , KOC- NOVOMET Kuwait

my business reputation = my wealth 

Mohamed Abaid
by Mohamed Abaid , Workforce Performance Senior Team Leader (Workforce Optimization) , Vodafone Egypt,

·         86% of customers quit doing business because of a bad customer service experience

·         78% of online customers recommend the brand to a friend after a great customer service experience.

 

·         Only 10% of companies deliver great customer service – the room for your company to stand out is huge

It can damage company reputation in the market.

naren bahadur bhandari
by naren bahadur bhandari , Hotel Yak $ Yeti

 alot indeed rumours spreads really fast through word of mouth.

MWAJJUMA NAMAZZI
by MWAJJUMA NAMAZZI , team leader , EMRILL SERVICE COMPENY LLC

One customer with abad experience can cost some ones business in a away that he customer will discourage friends, family, and other people from supporting your business there by damaging the business reputaion\\ name.

Hassan El Debbes
by Hassan El Debbes , Managing Director / Marketing Manager , Alarabiya Advertising Co. / Alarabiya Electrical Co.

Nowadays and due to the social network, one bad experience for a one customer can be really harmful especially if this customer was an influencer in his community. In addition to the fact that sometimes traditional word of mouth communication can heart the business's reputation. Therefore customer service and after sales service should always be proactive and keep in touch with customers by different means like phone calls or online surveys.

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