Top Ten Reasons for Business Failure - Reason 2 /10
  • 6 years ago
One of the reasons businesses fail is because you don’t know your customers. Understanding what drives them means knowing them inside out. What do they like, what don’t they like? Thoroughly understanding your market plays an important role in the development of a proper customer acquisition strategy. In short, knowing your customers not only attracts them, but retains them as well.

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