Remove Customer Base Remove Exceptional Customer Service Remove Net Promoter Score Remove NPS
article thumbnail

A Comprehensive Guide to NPS in Retail

SurveySensum

— By listening to your customers, of course! One way to do this is by using Net Promoter Score (NPS), a simple and widely used metric that helps businesses measure customer satisfaction, benchmark their performance against competitors, and identify areas for improvement. What is NPS?

NPS 52
article thumbnail

NPS in Customer Service: Measure and Improve Customer Loyalty

SurveySensum

Did you know exceptional customer service is key to retaining customers? Studies show that 93% of customers are more likely to repurchase from companies that offer excellent customer service. Therefore, it is essential to prioritize your customers and deliver exceptional customer service.

NPS 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

Understanding Negative NPS Score: Causes, Impact and Solutions

Lumoa

You’ve designed your NPS survey and emailed it to all your customers—and the results are in… but not those you were expecting. When it comes to gauging customer sentiment and loyalty, few metrics enjoy such widespread acclaim as the Net Promoter Score (NPS). Does it spell doom for your business?

NPS 83
article thumbnail

The Role of NPS in the Banking Industry

SurveySensum

More than often, customers are attracted to banks that value them and offer good service. This is where Net Promoter Score (NPS) comes into play. This CX metric has the ability to gauge customer loyalty and predict business growth. How to use NPS in banking and financial services?

Banking 52
article thumbnail

How to turn NPS Promoters into Brand Advocates?

SurveySensum

Now, imagine a scenario where these satisfied customers didn’t share their positive experiences. In such a situation, you might have opted for a different brand, potentially missing out on a fantastic product and exceptional customer service, right? And that’s why promoters become the gateway.

NPS 52
article thumbnail

The Power of Post Purchase Journeys: How Jabra Unleashed LTV and Customer Engagement

Optimove

Stay in touch Be the first to know all about the latest Marketing tips & tricks, Industry special insights and more “You could be a ghost to us” According to Sephton, just 7% of Jabra sales are direct, leaving the brand with smaller profit margins and a lack of valuable customer data and insights provided to the brand.

article thumbnail

Master 11 Winning B2B Customer Retention Strategies

SurveySensum

And, in SaaS, on average, it can cost 4-5 times more – The Value of Keeping the Right Customers study by Harvard Business Review You read it right! Allocating resources to attract new customers is indeed expensive compared to nurturing and retaining your current customer base. NPS primarily assesses customer loyalty.