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What is a Good Net Promoter Score? (2018 NPS Report Update)

Retently

One of the most frequently asked questions that we get is “What is a good Net Promoter Score®?” To be honest, benchmarking NPS ® is a complicated process. To be honest, benchmarking NPS ® is a complicated process. To prove that let’s look at the Verizon NPS score , which is 32.

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The Reasons Behind Tesla’s High Net Promoter Score

Retently

Tesla currently holds a satisfaction rating of 96 , outscoring every other car manufacturer company in Net Promoter Score® ratings. Tesla is a definite leader in NPS® benchmarks, taking into account that anything above 40 is still considered a very good score in the auto industry.

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Beyond the Basics: Why the Traditional Customer Experience Education Model is Outdated

eglobalis

Bain & Company [link] Bain, creators of the Net Promoter Score (NPS) framework, continues to push this model despite its increasingly exposed limitations and frustrated results. Bain offers CX consulting and training services heavily centered on NPS and customer feedback systems.

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Your Net Promoter Score is Irrelevant

Retently

Most companies focus on continuously improving their customer satisfaction, and tracking Net Promoter Score is an important step in building a culture of Customer Success. Over the years, Net Promoter Score has proven to be a key customer satisfaction metric. This volatility can lead to several issues.

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Is Your Net Promoter Score Biased?

Retently

Is your Net Promoter Score a reliable metric for judging what customers think of your business, or is it biased? For example, can you trust Net Promoter Score data if the customer who left it happens to be a friend or acquaintance? Why does NPS matter to businesses? NPS is not just about a number.

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When Should You Start Measuring Net Promoter Score?

Retently

What we haven’t discussed is when you should start using Net Promoter Score ®. When should you start quantifying sentiment using NPS®? Key Takeaways Start early. Begin measuring NPS as soon as you have a stable product and a steady stream of customers to get valuable feedback early on.

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The Benefits of Implementing Net Promoter Score in Small Businesses

Retently

From GE to Apple, many of the world’s biggest companies use Net Promoter Score ® to measure and track customer sentiment. Most swear by NPS® as the most accurate and effective means to measure loyalty and satisfaction among customers. What value can NPS provide for your much smaller, more hands-on business?