Customer feedback programs (sometimes referred to as Voice of the Customer Programs, Customer Loyalty Programs) are widely used by many companies. These customer feedback programs are designed to help them understand their customers’ attitudes and experiences to ensure they are delivering a great customer experience. The ultimate goal of a customer feedback program is to […]
Archive | NPS
Customer Loyalty 2.0 Article in Quirk’s Marketing Research Review
Read the study by Bob E. Hayes, Ph.D. in the October 2008 edition of Quirk’s Marketing Research Review magazine titled Customer Loyalty 2.0: The NPS Debate and the Meaning of Customer Loyalty. The article summarizes the NPS methodology, including its developers’ claims and opponents’ criticisms. Additionally, this paper includes research that examines the meaning of […]
The Downfall of the NPS: Customer Feedback Professionals Do Not Believe the NPS Claims
By Bob Hayes on May 14, 2008 in customer feedback programs, Net Promoter Score, NPS, voice of the customer
The Net Promoter Score (NPS) is used by many of today’s top businesses to monitor and manage customer relationships. Fred Reichheld and his co-developers of the NPS say that a single survey question, “How likely are you to recommend Company Name to a friend or colleague?”, on which the NPS is based, is the only […]