Net Promoter Score Meme
It is used as a proxy for gauging the customer s overall satisfaction with a company s product or service and the customer s loyalty to the brand.
Net promoter score meme. The answers are based on a 0 10 scale. How to calculate net promoter score. The net promoter score is the world s leading metric for measuring customer loyalty. Net promoter or net promoter score nps is a management tool that can be used to gauge the loyalty of a firm s customer relationships it serves as an alternative to traditional customer satisfaction research and is claimed to be correlated with revenue growth.
Nps measures the loyalty of customers to a company. Since its introduction in harvard business review 16 years ago the net promoter score or nps has become a foundational business metric based on a single question on a scale of 0 to 10 how. Nps has been widely adopted with more than two thirds of fortune 1000 companies using the metric. Promoters passives or detractors.
Net promoter score nps definition. It comes from the question how likely is it that you would recommend insert company or product service to a friend or colleague. The net promoter score is an index ranging from 100 to 100 that measures the willingness of customers to recommend a company s products or services to others. Subtracting the percentage of detractors from the percentage of promoters yields the net promoter score which can range from a low of 100 if every customer is a detractor to a high of 100 if every customer is a promoter.
Based on your customer s rating from 1 to 10 you first need to classify people into one of the following groups. Nps stands for net promoter score which is a metric used in customer experience programs. Nps scores are measured with a single question survey and reported with a number from 100 to 100 a higher score is desirable.