article thumbnail

How to Drive Brand Advocacy with Your Net Promoter Score (NPS) Survey

GetFeedback

In 2003, business strategist Frederick Reichheld published an article in Harvard Business Review in which he states that “the only path to profitable growth may lie in a company’s ability to get its loyal customers to become, in effect, its marketing department.”. They’re not loyal to your brand and can easily switch to a competitor.

article thumbnail

NPS Benchmarks for 2018: How Do You Compare?

AskNicely

The Net Promoter Score framework arrived in 2003, and since then organizations have been trying to answer that question. Brands that embrace these new NPS best practices unlock accelerated growth and long-term advocacy because they possess an advantage on customer experience. Traditionally, NPS was viewed as a boardroom-only metric.

NPS 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Extending Brands’ Shelf Life with Social Listening

NetBase

Every brand has to worry over staying relevant with today’s fickle and digitally distracted consumers. So, uncovering ways to extend a brand’s shelf life are essential – and readily available, thanks to social listening. And it doesn’t require a full reimagining of a brand, but staying open to that possibility is wise!

Brands 56
article thumbnail

Brand Move Roundup – July 24, 2020

C Space

The Brand Move Roundup – July 24, 2020. We’re tracking the notable brand moves & highlighting the companies who are tackling this challenge successfully. Four months ago, when the gravity of the situation became clear, we started daily reporting on how brands were dealing with the COVID-19 crisis.

Brands 52
article thumbnail

NPS, CES, CSAT: Which One is the Best Metric?

GetFeedback

They’re used to measure the level of loyalty that a customer has toward your brand. Customers are considered loyal when they consistently purchase from your brand over an extended period of time. . In 2003, loyalty consultant Fred Reichheld proposed a simple method to measure loyalty, called the Net Promoter Score ® (NPS ® ). .

NPS 278
article thumbnail

Sustainable Business Growth is Achievable with Excellent CX!

Daniel Group

In 2003, Fred Reichheld, a consultant with Bain & Company developed the Net Promoter Score. After-sale experience is pivotal in securing repeat customers, generating word-of-mouth referrals, and maintaining a positive brand image. Both speakers come from companies where brand and CX go hand-in-hand.

article thumbnail

Customer Service Cheat Sheet for Live Chat Operators with Examples of Responses

Provide Support

It helps to build a lasting relationship with the customer, inspire future communication and create fans and advocates of your brand. © 2003 - 2017 Provide Support LLC. Professional and authentic interaction with clients goes far beyond the opportunity to make a sale. Read more. Published in Provide Support Blog , 2017.

Examples 111