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Is the Net Promoter Score Metric Outdated?

Retently

In a 2003 Harvard Business Review article , Fred Reichheld introduced Net Promoter Score® as a new measure of customer loyalty and satisfaction. That makes the Net Promoter Score, as of 2023, 20 years old — an eternity for a customer success metric in the fast-paced world of technology.

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Securing Brand Loyalty In The Third Wave Of CX

InMoment XI

In a recent podcast featuring Simon Fraser, VP Insights and Consultancy at InMoment, and Stanford Swinton, key strategies to secure brand loyalty amidst the evolving landscape of customer experience (CX) were discussed. The “third wave” of CX represents a paradigm shift in how businesses approach customer experience.

Loyalty 260
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How to Use the CSAT Metric in Your CX Program

GetFeedback

Measuring just a piece of this journey can seem short-sighted or not as powerful as other CX metrics, like Net Promoter Score (NPS). But I see a place for Customer Satisfaction Score (CSAT), based on organizational goals, resources, and structure. CX shouldn’t ever be measured by one metric alone.

Metrics 273
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Unlocking the Value of Customer Experience: A Guide to Measuring CX ROI

NobelBiz

70% of brands see a direct connection between customer service and performance. Comprehensive CX Metrics That Matter Net Promoter Score (NPS) The Net Promoter Score (NPS) is an inbound Key Performance Indicator that assesses your customer happiness. How to measure Your Contact Center’s NPS?

ROI 111
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Integrated CX: The Complete Guide

InMoment XI

Integrated customer experience is a catalyst that improves organizations’ main metrics and bottom line. Here are the three main elements of integrated CX: Ability to connect data from everywhere Richer insights Smarter Actions 1. To do this, it is important to define your main goals and, more importantly, your main metrics.

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CSM Team Performance Metrics That Matter

CSM Practice

The answer varies for different companies, but the customer success team performance metrics below are an excellent place to start. As a customer success team leader , these metrics provide a solution to demonstrate the value of your customer success team to top executives and other teams. Customer Financial Metrics.

Metrics 59
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Top 5 Customer Service & CX Articles for Week of June 3, 2024

ShepHyken

So, we asked our consultants panel for their best advice on how to firmly (but politely) handle these conversations for the best possible outcome. Net Promoter Scores are one tool to answer that question but the authors offer another: Customer Surplus Value. Connect with Shep on LinkedIn.