Net Promoter Score (NPS) is a mathematical classification and measurement of a consumer’s brand loyalty such that it would lead to brand recommendations and promotions. Usually measured within the scale of 1-10, it provides a simplified, yet highly effective vision of an organization's brand popularity and share-ability amongst its consumers.
For example, ever saw a YouTube video that impressed you so much that you just had to share it with your friends? What you experienced while watching that video was “delight,” which psychologically encouraged you towards sharing it with friends whom too you would like to enjoy it or benefit from it. In other words, you are promoting that video because of the service it provided, be it to delight you, make you laugh or educate you, invariant of it, the "experience" was good. Now elevate this experience to a service or product provider. As a business, you would like to know how good or bad was the customer experience in using your product or service, such that they would: Promote your brand, stay Passive, or even Detract from your brand.
But what if you had to measure such a response in the most scientific way? This is where we bring in Net Promoter Score (NPS) Survey Question and Analytics.
The Net Promoter Score Question is an industry tested standard question which asks the user of a product/service the following:
Considering your complete experience with our company, how likely would you be to recommend us to a friend or colleague?
The answer options are arranged horizontally on a scale from 0-10. Respondents are then measured based on 3 response categories where the score of Promoters is considered a good Net Promoter Score (9-10):
The Net Promoter Score Question is simple, but the responses collected to this one question could be critical to your organization’s growth strategy. This is especially the case when you are considering the future of your product/service and how it can grow “organically” through word-of-mouth.
In terms of financial decisions, responses to the Net Promoter Score Question can offer unique forecast into how much you may have to allocate towards paid outreach and advertisements based on the current state of organic growth.
Net Promoter Score Calculation is done using the Net Promoter Score Formula that calculates the overall Net Promoter Score by subtracting the percentage of Detractors from the percentage of Promoters.
As explained, Net Promoter Score calculation and formula is based on Promoters and Detractors calculation. NPS calculation for detractors is done with the formula as a percentage of respondents who gave 0 to 6 rating. Similarly, NPS calculation for promoters is done with the formula as a percentage of respondents who gave 9 and 10 ratings.
Let's use a quick example to explain Net Promoter Score calculation using the
Let's consider a scenario where a business which wants to calculate Net Promoter Score for product X amongst its 50 consumers.
Now let's say after the responses are collected, 25 of the respondents are Promoters, 15 are passive and 10 are detractors.
So based on the Net Promoter Score formula:
While calculating Net Promoter Score manually is an option, the question arises – What do you do when you need to collect NPS responses from not 50, but 5000 or perhaps even more!
This is where QuestionPro and its advanced NPS measurement survey platform comes in. QuestionPro's Customer Experience (CX) platform offers a scientific and visually optimised way to measure and analyse NPS data for unlimited number of respondents!
As we discussed above, it can be time, resource and cost consuming to calculate the Net Promoter Score manually for your respondents. The same applies to response collection mechanisms as well. Thankfully, one of the easiest and insightful ways to collect and analyse NPS results is through the Net Promoter Score (NPS) Survey.
QuestionPro CX allows you to create, send and analyse NPS surveys in a matter of minutes.
Here are some simple steps to launch your NPS survey using QuestionPro :
As your NPS survey respondents begin to submit their responses, the QuestionPro CX Dashboard updates your analysis reports, charts and trends in real-time!
The QuestionPro NPS Meter provides a realtime and aggregate NPS value based on your survey response. Typically measured between -100 to +100, it provides a wide range for accurate NPS measurement.
One of the key aspects of NPS measurement is to check how it is varying over time. This requires graphical analysis of the data collected using NPS survey, with time as a variable.
The QuestionPro NPS Survey Dashboard is the most advanced analytics platform for NPS measurement. It provides real-time and detailed NPS Value charts and graphs as they vary over time. It
It also shows comparative NPS scoring and benchmarking based on geographical regions, products and services.
Heatmap will give you system generated comparative NPS scores of various touch points under consideration.
The Priority Matrix for Net Promoter Score (NPS) Survey Analysis will give you features that should be on your priority list to make improvements on the NPS Driver score scale. High Driver score and Low NPS score represents, high priority action items and High Driver score and High NPS score indicates that the touchpoint is stable and driving the business smoothly.
QuestionPro Promoter Amplification is an automated mechanism in-built within the QuestionPro Customer Experience (CX) platform used for NPS surveys. On the basis of the response if a respondent is identified as a "Promoter", then a new link prompts them to share their feedback on social media channels.
QuestionPro Detractor Recovery is a comprehensive mechanism in our CX NPS survey platform that allows companies to automatically receive negative feedback and take automated actions. This can be configured and customized as per choice such as instant emails to detracting customers and automated ticket raising that alert their customer care team in real-time such that they can quickly connect with the customer to identify and resolve pain points.