Last updated on February 5, 2024
Lumoa’s State of Customer Experience revealed that 65% of companies measure the Net Promoter Score (NPS). That made NPS the most widely used metric in both B2B and B2C.
This simple yet powerful metric has conquered the hearts of many exactly because of its simplicity – both for companies to implement and for customers to answer. Net Promoter System includes 2 questions: “How likely are you to recommend us to a friend or a colleague” and an open-ended “Why?”. Thus NPS gives a very fast way to get insights from a large audience.
At the same time, NPS is one of few that connect customer experience in the present to future revenue. Customers are looking for and trust advice and recommendations from their friends and the Net Promoter Score made it possible to calculate the value and the state of word-of-mouth marketing. Are your customers complaining or are they praising your services?
You’re about to find out.
Let’s have a look at how relationship NPS has become the most popular customer experience metric.
Let’s face it; running a retail business is unforgiving work. First, your brand needs to compete against hundreds of others in a crowded marketplace. Meanwhile, customers are rolling in options and will drop a brand for its competition the moment they have a negative experience. That’s why creating a customer experience (CX) that helps your […]
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