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What is Product NPS and Why Should Product Managers Care?

Userpilot

Product Net Promoter Score (NPS) is a metric of customer satisfaction. We can also say the NPS score is a number reflecting customer loyalty. Fred Reichheld developed NPS in 2003 to quickly measure customer sentiment. The NPS was developed by Fred Reichheld in 2003. Track NPS score regularly.

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What is Considered a Good NPS Score and How To Improve It?

Userpilot

NPS or Net Promoter Score is what many consider to be the gold standard of measuring customer loyalty. The metric was developed by Bain and Company in 2003 and has since been adopted by millions of businesses. On a scale of one to ten, how likely is it that you would recommend [your company/product/service] to a friend or colleague?”.

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Using Net Promoter Score (NPS) for Measuring Your Product/Market Fit

The Product Coalition

When it comes to measuring customer satisfaction with your product, the Net Promoter Score (NPS) can be one of the most important metrics you should pay attention to. The NPS score is essentially an index ranging from -100 to 100 that measures the willingness of customers to recommend a company’s products or services to others.

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16 Brilliant Microsurvey Templates For SaaS

Userpilot

They are contextual and ask for specific feedback compared to long product surveys. Using milestones in the user journey will help you pick the right questions and make micro-surveys contextual and relevant for the user. Were you able to reach the desired outcome with our product/feature?

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Net Promoter Score (NPS): The Complete Guide for SaaS

Userpilot

Finally, we’ll discuss how you can use the data to improve your user satisfaction scores by a) streamlining your onboarding flow to guide users towards the desired behaviour pattern (basically, getting them to reach the ‘AHA moment’ that correlates with high NPS score) and b) – improving your product.

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Customer Feedback Loop: What is it and How To Close it

Userpilot

Because it helps you keep your product relevant to users and allows you to increase customer satisfaction and loyalty. Satisfied customers are more likely to spread the word about your tool. Customer feedback loops help you keep your product relevant to the user. Upselling can come much later.

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A Practitioner's Guide to Net Promoter Score (NPS)

Sachin Rekhi

Net Promoter Score (NPS) is a measure of your customer's loyalty, devised by Fred Reichheld at Bain & Company in 2003. Fred found NPS to be a strong alternative to long customer satisfaction surveys as it was such a simple single question to administer and was able to show correlation between NPS and long-term company growth.