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Net Promoter Community > New York Conference Blog 2010 > Tags > net_promoter
 

New York Conference Blog 2010

3 Posts tagged with the net_promoter tag

One of the most exciting things about Net Promoter is that in building your NPS, you create a tremendous asset. Promoters will not only buy from you, and keep buying for you--they are are also far more likely to:

 

- refer business to you

- take reference calls and site visits

- provide testimonials (check out these impressive video testimonials from Intel's website.)

- participate on yoru social media sites

- say great things about you on other social media sites

- speak about you at industry events

- engage in customer co-design

- participate in advisory boards

- participate in marketing and advertising and initiatives

 

In other words, you have a community of highly credible sources that can help improve your sales, marketing and branding efforts in measurable ways.

 

I think the next great question for NPS is, "How do we organize our promoters into customer reference programs, advisory boards, online and in-person customer communities, executive forums, and other customer engagement efforts to create even more mutual value for them and for our firm?"

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I’ve attended several Satmetrix conferences over the years, and one of the things that always hits home is the wide variety of backgrounds, businesses and best practices that they bring together. This year is no exception—in my track alone we have a business that manages pools and one that manages people! Roger Thompson from FirstService will be highlighting how he built the Net Promoter Score Program there across 18,000 employees, while Joyce Maroney of Kronos Inc will discuss how she revamped the existing voice of customer efforts across the 30-year-old company with 3000 employees in 60 countries. They will provide tips on starting from scratch, as well as tips on how to redirect existing, well intentioned efforts to something more impactful for the business. And of course we have some industry best practices from Steven Nicks of Satmetrix, who will share what he has seen at the coal face so that we can hopefully avoid the pitfalls!


Like any major endeavor, getting started on a loyalty journey is not easy…where to start is the main question new program owners have, especially when the to-do’s seem infinite! While not everyone’s journey is the same, and we all certainly face different terrain with different obstacles, you will find enough nuggets of commonality in these tales from real life to help you along your way. I have found that sometimes the best tips come from the most unexpected sources…I remember getting a ton of ideas from the discussion led by Simon Lyons of Aggreko…a company that rents generators! Who would have thought that there was much in common with renting machinery and selling software to consumers and businesses! It turns out that delivering great customer experiences transcends products, geographies and segments. Regardless of what you are trying to deliver to what audience, there are some basic tenets that you must adhere to—like the Golden Rule that Fred Reichheld refers to--and some basic checklist items that you will need to have to ensure that your journey is successful. You may have to add to the list, but you certainly won’t get far without making sure you cover off the minimum set. I am confident that you will find out what this minimum set is at the conference and figure out what your priority items are to go back and address at the office. Awareness, as they say, is the first step!


I managed to climb Mount Whitney (and get back) in one day on June 30, 2009. I did it by first deciding (easy), getting best practices (REI lecture, 2 books and countless blogs), building my checklist (fitness training, equipment, altitude conditioning), and lastly having a go (hard)! It just proved to me, a non-hiker, that everything is possible with the right attitude, some good advice, and the right company.


You can be successful on your journey…with a little help from people who have done it already. Roll on February!

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The Silent Killer

Posted by Jamie_Ziegler Jan 9, 2010
Last summer my husband had a heart attack . . . yes the silent killer arteriosclerosis was almost the end of him. Fortunately, with emergency intervention and the miracle of Medtronic stents he is thriving

 

But it got me thinking about the pervasive silent killer of customer loyalty programs . . . the dreaded “white binder syndrome.” The cost of this affliction is staggering but often hidden; hundreds of man hours from your employees, negative goodwill, and when it is most severe – rampant customer defections.

“White Binder” syndrome is easy to diagnose. Here is how it often presents itself:

 

  • You, your staff, or your research team spend hundreds of hours creating beautiful notebooks full of perfectly formatted charts. Most often, much more time is given to chart formatting then to THINKING about what the customer is really saying.
  • The binders delight the recipients. Most will sit the binder right on top of the “to-do” pile with the best intention to look at it the next morning over a hot cup of coffee.
  • The next day comes. Urgent (but not important) calls derail the morning. The recipient promises to take the notebook home over the weekend for careful review.
  • A few weeks of broken self-promises, the pretty white binder ends up on the book shelf, clogging the arteries of the customer loyalty program. Slowly killing it.

 

Tragically, the data collection team did their job, they got trustworthy data. But the organization failed because no action was taken.

 

But, you can overcome the disease. And when your organization starts taking action, remarkable things will happen! Renewals rates will improve, clients will buy more, and the word of mouth marketing engine will go into overdrive.

 

I am really excited that Eric Murphy, Chief Sales and Marketing Officer for Ingenix, is speaking at the conference. The Ingenix leadership team created a culture where action is paramount. As a result, in just 18-months they are enjoying measurable increases in their business outcomes.

 

Go ahead, self diagnose. If you are a victim of “white binder syndrome” then Eric is one presenter to be sure to hear. Members of the Ingenix program team will be at the conference as well. Come find me and I’ll be happy to make introductions or share ideas for overcoming “white binder syndrome.”

 

See you in a few weeks.

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