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5 Ways to Leverage Net Promoter Score to Boost Customer Retention

InMoment XI

One user engagement strategy you can use to boost your customer retention is to make use of the Net Promoter Score (NPS) system. What Is Net Promoter Score? From this, you can place your customers on a scale, where anyone who answered between 0-6 is a detractor, 7-8 is passive, and 9-10 are promoters.

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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. However, Musk is still very active on social media, taking up any flagged issue in no time to ensure customers benefit from the best experience possible.

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Customer Loyalty: Experiences that Increase Retention

InMoment XI

This can happen through social media, forums, or events. Net Promoter Score (NPS) Customer churn rate Customer retention rate Social media engagement Customer Loyalty Index (CLI) Customer Satisfaction Score (CSAT) Loyalty is easy to understand, but how do you quantify it?

Loyalty 195
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User Feedback for SaaS: Best Practices & Tools for Business Success

InMoment XI

Net Promoter Score Churn Rate Customer Lifetime Value Retention Rate Customer Satisfaction Score Free-to-Paid Conversion Rate Customer Effort Score Activation Rate Lead Conversion Rate Customer feedback metrics provide data-driven insight into user activity and engagement.

Feedback 195
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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 ®. The earlier you bring Net Promoter Score into your customer retention efforts , the greater you’ll experience its benefits, both in retaining customers and fueling word-of-mouth marketing for your brand. Key Takeaways Start early.

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AI and Customer Experience: The Smarter, Faster, and More Personal Duo Redefining B2B Success

eglobalis

Similarly, Oracle has been using its Oracle Text Analytics tool since 2015 to analyze customer feedback from surveys, social media, and reviews. For instance, a retail client of Oracle improved its Net Promoter Score (NPS) by 15% by addressing negative sentiment identified through AI analysis.

B2B 391
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Voice of Customer Analysis to Improve Customer Loyalty and Retention

InMoment XI

The four main VoC data categories are as follows: Unstructured feedback refers to open-ended responses in the form of emails and social media content. Customers are vocal about their experiences on review sites and social media platforms. This helps you create targeted approaches for identifying patterns in each category.