article thumbnail

Is the Net Promoter Score Metric Outdated?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.

article thumbnail

Net Promoter Score for Ecommerce: 9 tips & tricks

Retently

As an ecommerce business, Net Promoter Score® might be the most powerful KPI in your CX toolkit. Net Promoter Score is a metric that measures the likelihood of a customer recommending your brand to their personal and professional social circle. Survey all customers, not just top spenders.

Insiders

Sign Up for our Newsletter

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

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.

article thumbnail

Customer Journey Mapping Examples for Beginners

InMoment XI

A customer journey map is a diagram of all the places customers come into contact with your brand, online or off. But customer journey mapping can be complicated to create, and the results can be difficult to track and interpret from end to end. ” – Jessica Pfeifer, VP & General Manager, InMoment.

article thumbnail

Understanding the “Why” Behind Your Net Promoter Score (NPS) with Jason Barro

ShepHyken

Top Takeaways: Net Promoter Score (NPS) evaluates customer sentiment and allows companies to compare their data with competitors. To improve customer experience, companies need to break down the customer journey into smaller episodes or touchpoints.

article thumbnail

Transactional Net Promoter Score for Targeted Insights

SurveySparrow

It is common knowledge that Net Promoter Score can propel a business to new heights. Focusing on an overall experience or individual aspects of a customer journey and improving each touchpoint experience. Think of Transactional Net Promoter Score as your business’s superhero cape for customer happiness.

article thumbnail

What Is The Future of Net Promoter Score (NPS)?

Feedbackly

It also doesn’t unearth the complexities of modern customer experiences. This is because there’s a myriad of reasons contributing to customer satisfaction and how they perceive the buying experience. The post What Is The Future of Net Promoter Score (NPS)? However, the reality could be different.