As business owners, we often focus on new business. And this is particularly true for businesses that have developed marketing and sales funnels for attracting new clients. They focus excessively on generating more leads for their business.
While it is essential for every business to attract new customers, care must be taken not to do so at the expense of maintaining existing relationships.
Very often, we fail to invest in existing client relationships. As a business owner, I am guilty of this as I get caught up from time to time chasing after new leads and clients at the expense of nurturing existing client relationships.
It is critical to recognize that establishing a new client relationship isn’t where the story ends. You have to invest in nurturing and maintaining your relationships with your clients.
You must understand that clients cherish great customer care. Today, they expect nothing less. If you’re not consistently delivering, you will lose your valued clients.