Have you heard of NPS?  I hadn’t either until about a week ago.  NPS stands for Net Promoter Score.  It is both a loyalty metric and a discipline for using customer feedback to fuel profitable growth in your business. Developed by Satmetrix,  Bain & Company,  and Fred Reichheld,  the concept was first popularized through Reichheld’s book The Ultimate Question,  and has since been embraced by leading companies worldwide as the standard for measuring and improving customer loyalty.

The Net Promoter Score,  or NPS®,  is a straightforward metric that holds companies and employees accountable for how they treat customers. It has gained popularity thanks to its simplicity and its linkage to profitable growth. Employees at all levels of the organization understand it,  opening the door to customer- centric change and improved performance. Net Promoter programs are not traditional customer satisfaction programs, and simply measuring your NPS does not lead to success. Companies need to follow an associated discipline to actually drive improvements in customer loyalty and enable profitable growth. They must have leadership commitment,  and the right business processes and systems in place to deliver real-time information to employees,  so they can act on customer feedback and achieve results.

Do you think about how you treat your customers?  I would suggest you do, because whether you like it or not your customers are very aware of how you treat them.  For more information on NPS you can visit their site www.netpromoter.com