If you just tried to click on the 10 in the image above, you probably know what an NPS is. This article will go into a bit more depth on what you need to consider when working with NPS.
The definition of NPS (Net Promoter Score) is the percentage of promoters minus the percentage of detractors. It is a quick way to see how customers feel about the brand without asking them to fill out lengthy surveys.
| Score | Description |
|---|---|
| 9–10 | Promoters—Loyal and enthusiastic customers who will keep buying, refer others and fuel growth. Don't let them down! |
| 7–8 | Passives—Satisfied but unenthusiastic customers who are vulnerable to competitive offerings. Make them happier! |
| 0–6 | Detractors—Unhappy customers who can damage your brand and impede growth through negative word-of-mouth. Try to change their minds. |
Example of how to calculate the NPS for the following scenario:
Total amount of replies: 40
Promoters: 20/40 replied 9–10 = 50 (%)
Passives: 16/40 replied 7–8 = 40 (%)
Detractors: 4/40 replied 0–6 = 10 (%)
NPS = 50–10 = 40
Get a strategy and stick to it
If you ask the NPS question to your customers immediately after they have made a purchase you will probably get a slightly different NPS score than if you ask in your regular newsletter. The customer might answer based on how fast or slow your product delivery was, or on how the phone call with your customer support agent was—not necessarily the overall relationship with your brand.
This is really important to keep in mind when analyzing and acting on NPS scores. If you define and stick to a strategy it will be much easier to analyze when the NPS produces the highest and lowest scores and understand why.
Be consistent
How often you want to include the NPS question in your communication is up to you. Many companies send out the NPS questions to their customers every week and look at the results weekly or monthly to see patterns. What's more important than when you send it, is that you are consistent with it. This way you can best monitor and detect unexpected variations.
The higher the response rate, the more accurate your statistics will be.
Share it with the team
A customer's score can depend on any part of your business; the product, the customer service, the user experience, etc., so it's important for everyone in the organization to know what your current score is and any trends you have noticed.
Curious to learn more?
All Voyado customers and partners can request access to our online training center Voyado Academy where there’s a full course about NPS.
Comments
0 comments