What’s your Net Promoter Score?

Several years ago a friend of mine gave me the book The Ultimate Question as a colleague of his at Bain had written it. After reading the book we immediately started to implement it as part of our quarterly client check-in calls. The Ultimate Question, according to the book’s author Fred Reichheld, is as follows:

Would you recommend this product/service to a friend or colleague?

The theory is that it isn’t whether or not a customer is happy but rather how likely they are to rave about you to others. Too often people will say they are satisfied when they are indifferent or don’t actually care. The most profitable and successful companies, like Apple and Google, have the most rapid fans.

Calculating the net promoter score is fairly easy (see this online calculator). Ask customers to answer The Ultimate Question on a scale of 0-10 with 10 being the highest. Once you have the scores, categorize the responses into promoters (9-10), passives (7-8), and detractors (0-6). To determine the score, take the percentage of promoters and subtract the percentage of detractors (the percentage that are passives are ignored). That’s it. Companies that score above 75 are considered excellent, and yes some companies have negative scores.

My recommendation is to consider using net promoter score as way to measure how successful your company is with your customers.

Comments

6 responses to “What’s your Net Promoter Score?”

  1. […] net promoter score where you ask once per quarter how likely they are to recommend the […]

  2. […] Anonymously survey the team members every quarter looking for ways to improve and asking the ultimate question to get a net promoter score […]

  3. […] Net promoter score — the percent likelihood of customers surveyed in the past week to recommend the product to a colleague or friend […]

  4. […] the net promoter score for both your friendlies and your traditional […]

  5. […] manually sending out customer surveys on a regular basis for years, we decided to put an automated net promoter score (NPS) question in the application. Every 90 days the user would see the question “How likely are […]

  6. […] an anonymous quarterly employee survey using Survey Monkey asking for feedback and capturing an employee net promoter score (NPS) (note: some people think anonymous surveys are bad because it is a crutch for cultures that […]

Leave a reply to Assessing Achievement of Product / Market Fit | David Cummings on Startups Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.