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Net Promoter ScoreĀ® 101: The Complete Guide

Lumoa

The Net Promoter: what is it? The Net Promoter Score (or NPS) was designed by Fred Reichheld in 2003 to measure loyalty. “ Promoters are significantly more loyal, so most businesses would do well to create promoters and decrease detractors. ” But what will you do if the score starts to fall?

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Everything You Need to Know about Text Analytics

Lumoa

Most companies collect feedback in some specific format, such as Net Promoter Score. Some companies use other metrics , such as Customer Effort Score or Customer Satisfaction. These standard metrics include not only the number, but also free text feedback revealing why your customers like or dislike you or your product.

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Text Analytics as Future of Customer Experience? We Asked Jim Tincher.

Lumoa

Since I started, customer experience and, specifically, customer journey mapping have become much more popular than before. Itā€™s relatively easy to start ā€œdoing Customer Experienceā€ in a company, but how can you ensure results that will benefit both your business and your customers?" Itā€™s not about the score, but the system: NPS. "For

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Text Analytics in Customer Feedback: The CXOā€™s Secret Weapon

Lumoa

Thatā€™s where text analytics in customer feedback proves to be one of the most valuable tools for any business. Customer satisfaction drives key metrics like your Net Promoter Score (NPS). Careful and well-implemented text analytics can easily reveal dozens of improvement ideas.

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A to Z Guide to Customer Experience Definitions and Terms (Updated)

Lumoa

Actions include short- and long-term follow-ups. As short-term actions, you should be able to follow up with each individual responder, especially taking care of critical comments. Long-term actions are based on the analytics results of customer feedback. Long-term actions are based on the analytics results of customer feedback.

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6 Rookie Mistakes to Avoid in Net Promoter Score Analysis

SurveySensum

A retail company, MagnetHome enthusiastically embraced the Net Promoter Score and started measuring customer loyalty. They gathered all the responses diligently but stumbled into the “Everyone’s-the-Same” trap – treating all scores equally.

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Customer Experience Strategy: An A to Z Glossary

Lumoa

So letā€™s start! Actionability Actionability is the result of analytics leading to concrete decisions and changes and actions within the company. Actions include are short- and long-term follow-up. As short-term actions, you should be able to follow-up each individual responder, especially taking care of critical comments.