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Is the Net Promoter Score Metric Outdated?

Retently

In a 2003 Harvard Business Review article , Fred Reichheld introduced Net Promoter Score® as a new measure of customer loyalty and satisfaction. That makes the Net Promoter Score, as of 2023, 20 years old — an eternity for a customer success metric in the fast-paced world of technology.

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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.

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Net Promoter Score 101: A Comprehensive Guide for Beginners

Retently

In this article we’re going to dive into the basics of Net Promoter Score® (NPS®) — a metric used to assess how loyal your customers are and how likely they are to recommend your company to their personal and professional network. What is Net Promoter Score? Luckily, there is. What is NPS.

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Net Promoter Score (NPS) – The quick guide

Happy or Not

First developed in 2003 by Bain and Company, it’s now used by millions of businesses to measure and track how they’re perceived by their customers. When to use NPS and what it measures NPS is suitable when you want to measure the likelihood of customers returning, or when you want to know how loyal your customers are to your brand.

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What Is a Good Net Promoter Score

ProProfs Chat

Recommendations work like magic, especially when a customer recommends a company/brand to a friend, family & colleague. These customers tend to repeat their purchase and act as brand advocates at various events/situations. Brand loyalty and the likelihood of repeat and new sales can be measured through Net Promoter Score.

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4 reasons Net Promoter Score (NPS) matters to product management teams

delighted

For many, the answer is Net Promoter Score, or NPS for short. Some say Net Promoter Score (NPS) is the “gold standard” customer experience metric, while others debate its merits, citing its simplistic formula. or. [(# Promoters / # Respondents) – (# Detractors / # Respondents)] * 100. So what is NPS?

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Why Companies Need a Net Promoter Score (NPS) Software

ProProfs Chat

If you are reading this blog, you might already have an idea about NPS( Net Promoter Score), a highly used customer satisfaction metric. This article will help you understand why you need a Net Promoter Score (NPS) survey software to make the most of this metric. Brand loyalty is a modern day buzzword.