Remove 2003 Remove Customer Experience Remove Feedback Remove industry standards
article thumbnail

NPS Benchmarks for 2018: How Do You Compare?

AskNicely

The Net Promoter Score framework arrived in 2003, and since then organizations have been trying to answer that question. Feedback gets collected and considered once a year amongst a small group, and not readily actioned. Connecting NPS-Based Customer Centricity to Business Growth. This inspires the entire company to take action.

article thumbnail

The Power the Ultimate Question

Horizon CX

It is regarded as an industry-standard CX metric that will likely continue into 2020 and beyond. Its reputation as an industry-standard tends to reinforce the notion that, if everyone else is using it, then it must be good enough for us as well. Summary of Key Learnings. 14% had never used NPS at all.

B2B 52
article thumbnail

6 Most Popular Customer Experience Metrics and KPIs Explained Simply

Lumoa

According to The State of the Customer Experience survey that we did earlier in 2018, all companies track customer experience using one or several of the 6 world-wide recognised KPIs: Net Promoter Score (NPS), Customer Satisfaction (CSAT), Churn rate, Retention rate, Customer Lifetime Value (CLV) or Customer Effort Score (CES).

Metrics 172