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The Hidden Flaws of NPS: Why Better New Alternatives Are Emerging for Your Business

eglobalis

Introduction We’re not here to drive the final nail into the coffin of NPS. While the Net Promoter Score (NPS) has long been heralded as the go-to metric for gauging customer loyalty, sentiment, and ”satisfaction”, it’s clear that NPS alone isn’t sufficient—a topic we’ve explored before.

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Voice of the Customer (VoC) Feedback: Everything You Need to Know

GetFeedback

The most critical element to improving your company is not having a visionary CEO, leaders who have “been there/done that,” or teams working long hours to deliver the product: it’s actively capitalizing on the voice of the customer feedback. Voice of the customer feedback is any comment or concern given by a customer to your company.

Feedback 302
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A Primer on the 3 Most Important CX Metrics: NPS, CSAT and CES

InMoment XI

Together, these can give you insight into where you stand and how to improve your CX: Net Promoter Score ( NPS ) Customer Satisfaction (CSAT) Customer Effort Score ( CES ). A Quick Definition to Get Us Started. What Is Net Promoter Score (NPS)? NPS Survey Powered by InMoment. However, NPS surveys are high level.

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Why Is My NPS So High Yet Underperforming?

Retently

High NPS scores can definitely feel like a big win. But here’s the catch: a high NPS doesn’t always mean everything is going perfectly. Sometimes, a high NPS score can be misleading and give you a skewed view of customer satisfaction. Measuring NPS should be just a part of your overall CX strategy, not the sole focus.

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

Lumoa

Our A to Z Guide to Customer Experience Definitions and Terms covers everything you need to know, from clear definitions of key terms to a comprehensive overview of the topic. Long-term actions are based on the analytics results of customer feedback. Acting on customer feedback doesn’t mean doing one thing.

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The problem with customer satisfaction surveys—according to the inventor of NPS

Alida

In 2003, Reichheld introduced the concept of Net Promoter System (often referred to as the Net Promoter Score, or just NPS for short) in the Harvard Business Review article “ The One Number You Need to Grow.” Used to measure customer loyalty, NPS asks a single question: “How likely are you to recommend X?”.

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3 Staff Motivation Challenges & How to Combat Them

InMoment XI

Anytime you enter a retail store or dine at a restaurant, we bet you have some very definite expectations, one of which is to have a pleasant interaction with the staff. When you display Moment’s in the workplace, you can showcase location-specific feedback, allowing employees to see the state of the experience at their location.

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