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What is Net Promoter Score and why is it important?

An example of an AI chatbot conversation about understanding Net Promoter Score.

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You

What is Net Promoter Score and why is it important?

MagicBuddy
MagicBuddy

Net Promoter Score (NPS) is a metric used to gauge customer loyalty and satisfaction. It's important because it helps businesses understand how customers perceive their brand.

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You

How is NPS calculated?

MagicBuddy
MagicBuddy

NPS is calculated by asking customers how likely they are to recommend your product or service on a scale of 0 to 10. Scores of 9-10 are promoters, 7-8 are passives, and 0-6 are detractors. The NPS is the percentage of promoters minus the percentage of detractors.

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You

What can I do to improve my NPS?

MagicBuddy
MagicBuddy

To improve your NPS, focus on enhancing customer experience, addressing feedback from detractors, and engaging with promoters to encourage referrals.

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You

How often should I measure NPS?

MagicBuddy
MagicBuddy

It's recommended to measure NPS regularly, such as quarterly or biannually, to track changes in customer sentiment over time.

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