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Survey response rates are dropping because customers feel brands don’t care about their opinions. Instead of relying on NPS, brands should consider the most valuable metrics. Feedback is crucial, but brands must pay attention to customer data and not waste their time. If Not NPS Surveys, Then What?
Are some measuring customer satisfaction, some measuring customer effort scores, and some measuring NPS? Know the options available to gain customerinsight in addition to customer surveys. For example, is “humanizing” research part of your effort to understand customers’ lives?
With such information at your fingertips, you can easily build your product to your strengths when you know exactly what your customers want. You might be a doyen in your industry, but at no stage would be theoretical data be more important than customerinsights that you get. NPS scores range anywhere between -100 and +100.
While organizations are measuring customer experience KPIs, they lack the means to connect these metrics to business outcomes. Almost half (41%) of companies say that they capture improvements in metrics like NPS ® or customer satisfaction, but they are challenged to translate that into revenue or costs. CJXM21 Click To Tweet.
Companies that learn to listen to their customers whether from feedback through structured or unstructured channels, will be better equipped to adapt to the ever changing market. As the market and customerchanges, companies change. As you get into that marketing area, a great marketing metric is NPS.
Sebastian McClintock, Director of Customer Experience from Delivery Hero shares how customerinsights are driving real-time shifts to business strategy during the current pandemic and setting the company up for the “new normal.” It's no problem too, to accommodate that customerchange other behavior change.
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