Should You Tie Your NPS to Compensation?

Posted by Steven Nicks

6/19/13 7:26 AM

Mike Volpe, CMO of HubSpot, wrote a blog post back in 2011 that I recently came across.  It explored tying marketing compensation to sales performance.  The thinking behind the post fits perfectly in our space.  And Mike included a video from several MIT researchers. If you're thinking about including NPS in your employees' variable compensation, I highly recommend watching this video first!

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Topics: Net Promoter, Compensation

Just one word. Analytics.

Posted by Richard Owen

6/17/13 10:00 AM

Mr. McGuire: I just want to say one word to you. Just one word.

Benjamin: Yes, sir.

Mr. McGuire: Are you listening?

Benjamin: Yes, I am.

Mr. McGuire: Plastics.

Benjamin: Exactly how do you mean?

 

Several years ago, the CEO of a major CRM company made this heretical observation about CRM, Sales Force Automation and its ilk. To paraphrase, “we spent the last 10 years finding ways to get data into these systems. We have no idea how to get anything useful out”. If the software revolution of the last 30 years was about automating process, capturing data, will the next 30 be about making sense of it all?

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Topics: Big Data, Analytics

The Importance of Integrating the Customer Experience across the Journey

Posted by Deborah Eastman

2/15/11 3:58 PM

Airlines are the poster child for how NOT to create customer loyalty. My recent experience with British Airways shows just how much work this industry has to do. Here’s a recap of the points of failure in addressing customer experience issues. I share this not as a bash on BA (even though it is deserved), but as an illustration for what companies need to do integrate their customer experience across the journey.
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Topics: Customer Experience Management, Social media, Closing The Loop, Customer Loyalty

Integrating Social Media into your Net Promoter Program

Posted by Deborah Eastman

2/14/11 7:55 AM

As I prepared for my presentation at our recent Satmetrix Net Promoter Conference in Miami earlier this month, I realized I had neglected my own social media channels. So, I’m coming back to share my thoughts about how organizations can improve their customer experience, increase loyalty, and drive growth.

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Topics: Customer Experience Management, Social media, Closing The Loop

The Path To Voice of the Customer Maturity

Posted by Deborah Eastman

10/18/10 5:35 AM

I recently had the opportunity to participate with Bruce Temkin of Temkin Group and Lara Wise of tw telecom in a webinar on using customer feedback to fuel business growth. The key takeaway of the session was that voice of the customer programs are not just about listening; the real value comes when organizations democratize their data and drive action throughout their organization.
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Topics: Customer Experience Management, Net Promoter, Voice of the Customer, Customer Loyalty

Key Learnings from the Field: Customer Insight and Action Programs

Posted by Deborah Eastman

9/26/10 3:26 PM

If you have ever read my blog you know I am a big Promoter of Bruce Temkin and I’m excited to have him join us in our upcoming webinar on September 30th titled Using Customer Feedback to Fuel Business Growth. Bruce and I are of like mind and always have a fruitful conversation on what companies need to do to take action on customer feedback.
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Topics: Customer Experience Management, Net Promoter, Voice of the Customer

Symantec’s Customer Champion Uses Customer Feedback to Drive Business Results

Posted by Deborah Eastman

9/21/10 6:51 AM

We are so pleased to congratulate Desirree Madison-Biggs, Director, Customer Insight & Measurement at Symantec for being recognized by 1to1 Media as a 2010 Customer Champion. I can’t say I am surprised at this award, as Des truly embraces customer experience, and has helped drive significant improvement across all parts of their business.

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Topics: Customer Experience Management, Net Promoter, Voice of the Customer

What Makes a Good Net Promoter Program?

Posted by Deborah Eastman

8/26/10 6:19 AM

I have been reviewing results from our Net Promoter 360 program assessment and benchmark. Dr. Laura Brooks recently presented aggregate results at our Net Promoter conference in London and Dr. Vince Nowinski presented at our conference in New York.
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Topics: Customer Experience Management, Net Promoter, Voice of the Customer, Trustworthy Data

Interview: San Francisco Fire Credit Union Takes Member Loyalty to Heart

Posted by Deborah Eastman

8/19/10 7:23 AM

In a prior post I discussed the impact that focusing on the customer has had on the Credit Union business and specifically highlighted San Francisco Credit Union’s ability to drive growth with little or no investment in advertising. I recently had the opportunity to collect more insights from Diana Dykstra, President and CEO of San Francisco Fire Credit Union. Diana is a self-proclaimed Net Promoter zealot and in my opinion, her organization is a poster child for how to listen to customers and make changes to improve the customer experience. With a current NPS of 83%, member growth of 12%, and retention rate of 98% we can all learn something from how they listen to members and empower employees to “do the right thing”. Enjoy.
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Topics: Customer Experience Management, Net Promoter, Voice of the Customer, Customer Loyalty

Customer Survey Design and NPS Measures

Posted by Deborah Eastman

8/3/10 3:28 AM

Having just reviewed a client’s Net Promoter® program design, I thought I would provide a perspective on survey design and NPS measures. If you think about it, survey design is the most critical part of your overall program. Without an effective design you can’t get the insight you need to improve your business. You need to also consider survey length because the longer the survey, the more likely that response rates will drop and you may see sample bias (only those customers who are really happy or unhappy).
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Topics: Customer Experience Management, Net Promoter

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