22 Dec Beware The Deadly Customer
Many businesses suffer from catering to deadly customers.
Deadly customers arenât customers that hate you. They like you and probably account for a large portion of both your current base and target market. Chances are that, collectively, they purchase a lot from you. Playing to deadly customers may seem lucrative: thereâs a lot of them out there and they likely contribute a significant portion of your bottom line. And, theyâre easy to make happy.
The problem is: they donât push your business forward.
The deadly customer is happy with the status quoâthey donât ask for anything new; in fact, they may not want anything new. They may make you think youâre doing better than you actually are. Serving the deadly customer encourages stagnation instead of innovation. By focusing on the deadly customer, you hand an unfair advantage to your competition in the future.
Are you catering to deadly customers?