article thumbnail

What Do Companies With Low Net Promoter Score Have in Common?

Retently

You can also learn a surprising amount of tactics and strategies by studying the opposite end of the scale – the world’s least successful companies, from a churn perspective – to compare their common weaknesses and find out what makes their customers so unlikely to recommend them to their peers. Ready to start?

article thumbnail

What is a Good Net Promoter Score? (2018 NPS Report Update)

Retently

One of the most frequently asked questions that we get is “What is a good Net Promoter Score®?” Taking into consideration that the maximum score you can get is 100 (which no company ever did by the way), you might think that it is pretty low. What is a good NPS score? What is a good NPS score?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Securing Brand Loyalty In The Third Wave Of CX

InMoment XI

According to Stanford Swinton, Executive VP at Bain & Company and Founder at NPSx by Bain in Company, we’re witnessing the dawn of the “Third Wave of CX” But what does this mean for CX leaders? There’s a growing trend for companies to differentiate themselves based on their ethical principles and social missions.

Loyalty 260
article thumbnail

Digging Deeper into Net Promoter Score

Second to None

Since its introduction by Fred Reichheld, Net Promoter Score (NPS) has initiated a discussion of its effectiveness in overall growth. Subtract the percentage of Detractors from the percentage of Promoters and you’ve calculated your NPS. Net Promoter Score is not merely a floating number.

article thumbnail

Not Just Another Blog Post on How to Improve Customer Experience

InMoment XI

Today, there are a lot of customer feedback management (CFM) companies talking about integrated CX. Now that we have done a bit of definition, how can you take this integrated CX approach and put it into action at your company? Don’t get me wrong, metrics matter, but solely focusing on score management can lead to program stagnation.

article thumbnail

Defining the Value of Customer Experience: A Guide for Creating CX ROI in A Constantly Changing World

Experience Investigators by 360Connext

Metrics from customer surveys like Net Promoter Score (NPS) or Customer Satisfaction Rate (CSAT) are measurements from a certain group of customers to consider in your strategic decisions. The Financial Impact of Customer Experience There are significant financial implications from investing in customer experience.

ROI 260
article thumbnail

What Is a Net Promoter Score, And Should You Implement It in Your Business?

Help.com

One industry-standard and simple way to measure the effectiveness of your customer service organization — and your business as a whole — is a Net Promoter Score. Net Promoter Scores. What is a Net Promoter Score? And finally, detractors score a 6 or lower on this scale.