article thumbnail

Net Promoter Score for Website Visitors: Is it Worth it?

Retently

Have you ever read an online newspaper, blog or magazine only to be asked for your feedback as a reader? Example of NPS Website Visitors Survey From Ecommerce companies and SaaS services to physical product businesses , customer feedback is extremely valuable. Most of us associate customer feedback with, well, customers.

article thumbnail

Top 5 Customer Service & CX Articles for Week of May 27, 2024

ShepHyken

Is Your Net Promoter Score Biased? by Alex Bitca (Retently) Is your Net Promoter Score a reliable metric for judging what customers think of your business, or is it biased? My Comment: If you’ve been following my work, you know I’m a huge NPSNet Promotor Score – fan.

2024 76
Insiders

Sign Up for our Newsletter

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

article thumbnail

Top 5 Customer Service & CX Articles for Week of February 26, 2024

ShepHyken

That’s one of the reasons the Net Promoter Score (NPS) has become one of the most widely used metrics in corporate America and around the globe. Louis Magazine (St. Louis Magazine) Shep Hyken helps organizations around the world learn and implement best practices for serving people in a variety of industries.

2024 62
article thumbnail

Understanding Customer Expectations in Financial Services: Key Strategies for Satisfaction

CSM Magazine

Common KPIs include: Net Promoter Score (NPS) Customer Satisfaction Score (CSAT) Customer Effort Score (CES) Each indicator offers distinct insights. For instance, NPS gauges the likelihood of customers recommending the service, which reflects on the institution’s reputation.

article thumbnail

How to Turn Reactive Customer Experience into Proactive CX

Experience Investigators by 360Connext

” or “Looks like our Net Promoter Score took a tumble.” What does it mean when your NPS drops during a six-month period? Be skeptical of such claims.” ” The power of these metrics, of course, is in the insights they provide. Why is our churn rate going up just a little each month?

article thumbnail

Common Mistakes Businesses Make When Evaluating & Improving Customer Experience

customer sure

Focusing Solely on Metrics While metrics like Net Promoter Score (NPS) and Customer Satisfaction (CSAT) are valuable indicators, relying solely on quantitative data can be a mistake. It’s important to remember that NPS and CSAT, are only proxies for satisfaction. Psst… we can help with that!)

article thumbnail

Create Your CX Charter with These 6 Questions

Experience Investigators by 360Connext

This means they might review: Customer feedback data , like Net Promoter Score (NPS) and Customer Effort Scores (CES) at both the relational and transactional levels, as well as overseeing the way customers are asked for feedback. This often looks like a statement that is a reminder of the CX Success Statement.

Document 358