EPISODE · Dec 9, 2022 · 47 MIN
How Likely Are You To Recommend featuring Steve Bernstein
from Next in Queue · host Rob Dwyer
NPS® (Net Promoter System℠ / Net Promoter Score℠) was originally designed for B2C (Business to Consumer) as a predictor of loyalty. After working at Satmetrix Systems, the originator of the research behind NPS®, Steve Bernstein helped found Waypoint Group to tackle how to use NPS® in a B2B (Business to Business) environment. B2B has a significantly different buying cycle (both in length and complexity) from B2C, and often, many stakeholders influencing the buying decision. Steve joins Next in Queue this week to discuss: · The difference between Net Promoter System℠ and Net Promoter Score℠ · Sampling Strategy and why Response Rate is a critical metric · The issues with “transactional” NPS® · When and how often to engage with customers on NPS® · Why he hates the term, “survey” · And why NPS® should not be part of an agent scorecard Connect with Steve on LinkedIn – https://www.linkedin.com/in/sbernstein/ Failure Sucks – https://www.amazon.com/Failure-Sucks-More-Your-Customers-ebook/dp/B00N9DCDAA/ref=sr_1_1 Music courtesy of Big Red Horse – https://bigredhorseband.com/ Brought to you by Happitu – https://happitu.com/ Net Promoter®, NPS®, NPS Prism®, and the NPS-related emoticons are registered trademarks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld. Net Promoter Score℠ and Net Promoter System℠ are service marks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld.
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How Likely Are You To Recommend featuring Steve Bernstein
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