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

New York Conference Blog 2010

2 Posts tagged with the nps tag

Once a customer tells you he or she is a detractor, It's obviously important to understand why--and to find out in a reasonably efficient, cost effective way. How much of that information can be extracted from the open ended "why" answers customers provide on NPS surveys? It's a daunting challenge. Customers aren't always precise, or complete in their responses, for example.

 

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Satmetrix Director of  Methodology Dr. Vince Nowinski provided some in-depth insights.  The Stanford PhD described how "comment intelligence analysis" methods allow you to make conceptual sense of such data, to see with greater specififity where problems are actually occuring and what the underlying issue may really be.

 

But users of NPS much be careful not to look at verbatim analyis as the end all.  Rather, my understanding is that it helps you formulate intelligent hypotheses about where the critical issues with detractors lie. Further analysis will typically be required, perhaps in the form of focus groups, follow on surveys to targeted groups, individual interviews etc before you actually get at root causes of the issues detractors have.

 

Think of it this way. Without verbatims, you could only guess as to what's bothering detractors.  With verbatims and the analytical tools described by Vince, you can formulate a very good set of hypotheses for further testing.

 

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I chaired this afternoon Advanced Track: following are some of the highlights from my perspective. If you were there, please chime in!

 

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JetBlue's Julie Gomez kicked things off by showing how her team applies NPS methodolgy to employees to keep abreast of their tendency to promote working for the firm, under the theory of course that happy employees make for promoter customers. Julia is -a former Morgan Stanley analyst with hefty research credentials, and showed not only how the firm made substantial improvements to its "employee NPS" during a period when morale had been low, but also how these increases tie to ultiimate business results, including revenue growth and shareholder value.

 

Some key findings:

 

  • Emotional dimmensions had the higgest corrleations to whether someone is a promoter or detractor.
  • Small improvements in leadership result in large improvements in crewmember NPS scores.
  • Employees respond very well to being able to volunteer their time for worthy causes on behalf of the company, apropros of the importance of the emotional dimension.

 

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