Archive for the ‘customer loyalty’ Category

Would your employees recommend your company as a place to work? Would they recommend you as a person to work for? Net Promoter Score® is an effective and efficient method to use to check the health of the customer relationship. But, don’t forget the health of the employee relationship. Employee loyalty is just as critical [...]

One of the basic concepts of Net Promoter Score® is the idea of Good Profits and Bad Profits. Here’s a quick description : Bad Profits Customer feels misled, mistreated, ignored, or coerced. They may actually dissuade new customers from using the product or service. Good Profits Customer feels appreciated and have been treated fairly, or [...]

If you’re like me, your wallet (or purse) is crammed with so-called loyalty cards. They come from grocery stores, pharmacies, gas stations and even credit card companies themselves. But, are they really loyalty cards or are they just rewarding frequent purchases? Are they effective? Do these cards increase purchase frequency? In my case they do. [...]

The smallest things can drive customer loyalty. And, the smallest things can drive loyal customers away. It doesn’t take much to make a customer feel valued and appreciated and it takes even less to make them feel abused, cheated and disappointed. Years of effort to build  solid customer relationships can come crashing down over something [...]

What happens when your expectations are not met? How do feel when a product or service doesn’t live up to the marketing or sales hype? Are you likely to recommend a product that fell short of your expectations? So much of the “word of mouth” recommendation cycle is based on products or services meeting or [...]

What if you threw a party and nobody came? What if you implemented a Net Promoter Score™ program and nobody bought into it? What if you had a simple process to get your employees engaged in an NPS® program and keep them engaged? Over the past year, I’ve trained a lot of company employees on [...]

Although the Net Promoter Score® process is a simple and effective way to measure and track customer loyalty, we should not fall into the trap of oversimplifying the drivers of loyalty. For every product or service there is a series of steps, interactions, and opportunities to create or destroy customer loyalty. Each of these steps [...]

If you read my earlier blogs, you’ll know that I have been a devoted and loyal Toyota owner since 1976. In the past, I’ve recommended Toyotas to anyone within hearing distance. The cars have been dependable, reliable and, in spite of ongoing price creep, a good value in cars. But now what do I do? [...]

Using Net Promoter Score will identify how many of your customers are Promoters and how many are Detractors. But, do you know how many Promoters your competitor has?

I recently read on one of the Net Promoter® forums a posting that asked the question “Is my company big enough for an NPS® program?”. The Poster felt that his/her company was too small to benefit from implementing a Net Promoter program. Although Satmetrix, in their Net Promoter ® Associate training (which I attended in [...]