Uploaded on Sep 18, 2020
Increase your company’s Net Promoter Score (NPS) or the likelihood that customers will recommend you to others. Gamify NPS and achieve higher customer satisfaction. Gamification isn’t about the game, but the underlying mechanics that motivate people and drive business impact. Now is the time to get in the game, and that starts by building your business case. Get in touch with PUG Interactive for more information.
Improve Net Promoter Score
NET PROMOTER SCORE
M A K E Y O U R T E A M W O R K S M A R T E R , N O T H A R D E R
NPS stands for
Net Promoter
Score which is
a metric used
in customer
experience
programs.
Calculating Your Net Promoter Score
It’s simple to calculate your final NPS score – just subtract the percentage of
Detractors from the percentage of Promoters.
Final NPS Score = % of Promoters - % of Detractors
Promoters Passives Detractors
respond with a score respond with a score of respond with a score of
of 9 or 10 and are 7 or 8. They are 0 to 6. These are
typically loyal and satisfied with your unhappy customers
enthusiastic service but not happy who are unlikely to buy
customers. enough to be from you again, and
considered promoters. may even discourage
Customers who others from buying
answer the question Customers who answer from you.
with 9-10 the question with 7-8
Customers who answer
the question with 0-6
Transactional NPS Programs Relational NPS Programs
Transactional NPS surveys are sent Relational NPS surveys are
out after the customer interacts deployed on a regular basis (i.e.-
with your company (i.e.- a purchase quarterly or annually). The goal is
or support call). It’s used to to get a periodic pulse on your
understand customer satisfaction on customers and understand how
a granular level and provide they feel about your company
feedback about a very specific topic. overall.
Why Is NPS Important?
Measures
Customer Loyalty
Customer NPS helps brands
evaluate customer loyalty — and the
likelihood of them recommending you to a
friend. Improved net promoter score also
helps evaluate the likelihood of customers
churning — canceling their subscription or
not repurchasing and seeking out a
product or service from a different
company.
It identifies ways
to improve.
Customers might answer the NPS question
with a low score, or even a 0. It's tough
when that happens — especially if it
happens more than once — but it also
presents an opportunity to zero in on
customer feedback and make product or
service improvements accordingly.
Boosts Referral
Marketing
Customer NPS gives companies an idea of how
likely they are to earn recommendations from
happy customers — which, as it turns out,
carry a lot of weight. More than 80% of happy
customers are willing to provide
recommendations. Nearly 70% of respondents
were more likely to purchase a product if a
friend talked about it on social media or email.
Referred customers have a 16% higher lifetime
value — and greater ROI — than others.
Helps you prioritize
reaching out to detractors.
Detractors are those NPS survey respondents between a score
of 0-6, indicating that they would likely not be willing to
recommend your product or service to others. And just as
investing in your promoters can offer dividends for your
company's growth, focusing on detractors is important, too.
When you receive NPS results, divide the responses into the
three categories, and analyze the reasons why respondents
chose their answers. It's important to follow up with your
valued customers, but particularly if they flag a problem or
issue they're having using your product or service.
It could be a matter of misunderstanding or user error, or it
could be a bigger-scale complaint that you alone can't solve,
but by following up with detractors, you can make them feel
heard and valued, and might make them less likely to churn —
or worse, tell others that they shouldn't purchase from you.
Use NPS to
Grow Better
Once you analyze NPS data and
(hopefully) find many happy
promoters, don't stop there.
Open up a dialogue with happy
customers and see if you can
engage them in a referral program
to keep them satisfied — and
acquire more customers in the
process.
Improve NPS By
Customer Engagement
Picnic supports improving NPS by engaging
customers using a range of design options from basic
“air miles” style loyalty points programs, to complex
tiered VIP rewards and status programs, to dynamic
and colourful interactive loyalty activities, quests,
mini-games, challenges and contests spanning both
digital and real-world.
Supporting a broad range of features such as points,
levels, groups, leader boards, digital goods, instant
win prizing, collection challenges, quests, and more,
Picnic™ is a comprehensive solution with enough
flexibility to offer brands long-term future-proofing
and campaign iterations.
You need to
think about net
promoter score
NPS if you
haven’t done it
so far.
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