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The B2B Marketing & Sales Podcast - Is NPS Bogus? Satisfied Customers Leave All the Time.

Is NPS Bogus? Satisfied Customers Leave All the Time.

The B2B Marketing & Sales Podcast

03/22/23 • 41 min

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Are your customers satisfied?
Yawn.
Show Notes:
[00:02:00] PART1:

  1. The concept of customer satisfaction
  • The importance of satisfying customers
  • The issue of using satisfaction as a metric
  1. The evolution of customer satisfaction measurements
  • The early days of customer satisfaction measurements
  • The rise of the Net Promoter Score (NPS)

[00:10:00] PART2:

  1. Critiques of the NPS
  • The problems with using NPS as a sole measurement tool
  • The challenge of interpreting and acting on NPS scores
  1. Alternatives to NPS
  • The 1-to-5 rating scale and its benefits
  • The importance of focusing on the experience rather than the score

[00:22:50] PART3:

  1. Critiquing the NPS methodology
  • The arbitrary nature of the 1-to-10 scale
  • The limitations of measuring intentions rather than actions
  1. Improving customer satisfaction measurement
  • The value of consistency in measurement
  • The importance of actionable insights from survey data
  1. The power of unexpected, exceptional experiences
  • The difference between satisfying and delighting customers
  • The significance of being proactive in creating memorable customer experiences

Conclusion:

  • Thank you for listening to the B2B Marketing and Sales Podcast
  • Encouraging listeners to subscribe, rate, and review the podcast

Please note that the time indications are approximate and may not correspond exactly to the actual podcast content.

=============
Follow Dave:
https://www.linkedin.com/in/davidloomis/
Get Dave's book: Marketing Is Everything We Do
Interested in learning how Voice of the Customer can grow your business? Contact Dave: [email protected]
=============
Follow Steve:
https://www.linkedin.com/in/steveamiller/
Get Steve's bestselling book: Uncopyable: How to Create an Unfair Advantage Over Your Competition
Want to learn how to generate more business without spending a ton of moolah, and separate yourself from the competition? Steve's online presentations and consulting will make you UNCOPYABLE! Contact him: [email protected]

03/22/23 • 41 min

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The B2B Marketing & Sales Podcast - Is NPS Bogus? Satisfied Customers Leave All the Time.

Transcript

Is NPS Bogus?

Hey everybody, this is Steve Miller, better known as Kelly's Dad and Marketing Gunslinger. Normally. Normally, my extremely close friend, David Mayo Loomis and I who do this podcast for you and Mr. Loomis, who is the amazing author of this.

Marketing is everything we do, and I'm try, I try to make sure I have that book as available when we're getting together, stuff like that. Cuz I never know when I'm gonna be able to recommend that. Go get it folks

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