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NPS © in Service: 5 Tips for Success John Georgesen, Ph.D. Senior Director Decision Sciences, Convergys Analytics today’s speaker. [email protected]

NPS in Service: 5 Tips to Succeed

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Page 2: NPS in Service: 5 Tips to Succeed

NPS© in Service:

5 Tips for Success

Page 3: NPS in Service: 5 Tips to Succeed

Everyone knows

the best way to

create loyalty is

with service that

surprises and

delights.

What if everyone is wrong?

“The Effortless Experience” Matt Dixon

Page 4: NPS in Service: 5 Tips to Succeed

how to succeed with

NPS in Service

quantify impact.

know your metrics.

test drive(rs).

right size.

press reset.

1

2

3

4

5

Page 5: NPS in Service: 5 Tips to Succeed

quantify impact.

Transactional NPS is going up, but enterprise NPS is flat.Why don’t they match?

Page 6: NPS in Service: 5 Tips to Succeed

40%of loyalty scoreexplained byS E R V I C Einteraction

quantify impact.

Page 7: NPS in Service: 5 Tips to Succeed

quantify impact.

60%

16%

14%

1

2

3

MOST IMPORTANT WHEN RECOMMENDING

Product innovation 3%

Reputation 3%

Represents lifestyle 2%

Mobile app 1%

Website 1%

Other <1%

less

imp

ort

ant

quality | reliability | performance

there’s more to it than Service

Page 8: NPS in Service: 5 Tips to Succeed

know your metrics.

d i f f e r e n tprogramsmeasured i f f e r e n t

things

Page 9: NPS in Service: 5 Tips to Succeed

ENTERPRISE TRANSACTIONAL* overall * * interaction *

know your metrics.

what you’re measuringC

ompa

ny

Page 10: NPS in Service: 5 Tips to Succeed

‘thinking about your recent experience on March 1st …’

‘based on all of your service experiences to date …’

know your metrics.

how specific you need

ENTERPRISE TRANSACTIONAL* cumulative * * specific *

Page 11: NPS in Service: 5 Tips to Succeed

know your metrics.

who you’re talking to

ENTERPRISE TRANSACTIONAL* everyone * * contactors *

Page 12: NPS in Service: 5 Tips to Succeed

know your metrics.

how you’re surveying

e.g.: online scores often

6-8pt lower than phone

• rating scale

• question terminology

• question location

• survey method

Page 13: NPS in Service: 5 Tips to Succeed

test drive(rs).

validate hypotheses

Page 14: NPS in Service: 5 Tips to Succeed

1 2

ENTERPRISE KPI

-12 pts

Changes to finance terms

hurt enterprise scores

but service ratings

were unaffected

1 2

TRANSACTION KPI

automotive finance company

tNPS tells only part of the story

test drive(rs).

Month 1 Month 2 Month 1 Month 2

Page 15: NPS in Service: 5 Tips to Succeed

acts as leading indicator

When interaction CSAT

improves 1 point,

enterprise CSAT likely

to improve 1-3 points

healthcare insurer

Ente

rpri

se

Transaction

test drive(rs).

TRANSACTION VS ENTERPRISE KPI

Page 16: NPS in Service: 5 Tips to Succeed

poor experiences drive disloyalty

Poor service NPS predicts

customer behavior within

three months after

an interaction

credit card provider

test drive(rs).

CHURN RATE

INCREMENTAL SPEND

Page 17: NPS in Service: 5 Tips to Succeed

right-size.

adjust your lens

Page 18: NPS in Service: 5 Tips to Succeed

Companies that make

customers work HARDER

to answer questions or

resolve problems put

themselves AT RISK

customer effort

right-size.

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there’s a direct link

right-size.

CUSTOMER EFFORT AND NPS©

Customer effort links

strongly to loyalty ratings;

higher effort means

lower loyalty

Page 20: NPS in Service: 5 Tips to Succeed

right-size.

effort impacts voluntary churn

Voluntary churn rates

more than triple in

high-effort situations

CUSTOMER EFFORT AND ATTRITION

Page 21: NPS in Service: 5 Tips to Succeed

right-size.

agents help ease disloyalty

Likely to recommend

remains high for well-

performing agents … even

in high-effort situations%

Lik

ely

to R

eco

mm

end

Series1 Series2

CUSTOMER EFFORT AND AGENTS

Hi Agent Sat Low Agent Sat

Low Medium High

Page 22: NPS in Service: 5 Tips to Succeed

update your approach

press reset.

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where to begin

press reset.

MAKE SERVICE EASY

EVERYWHERELOOK BEYOND PRODUCTIVITY

E M P O W E REMPLOYEES

RIGHT METRIC,RIGHT TIME

Page 24: NPS in Service: 5 Tips to Succeed

metrics that (really) matter

press reset.

Re-design with

stakeholders and

customers in mind

Page 25: NPS in Service: 5 Tips to Succeed

Aligning programs improves predictability 1:1 sampling | survey design elements

Right metric/right time is a best-practiceagent + effort | gain multi-channel insights | empower employees

Score differences do (and should) existwhat you’re measuring | who you’re surveying | how you’re asking

Transactions influence enterprise perceptionsthere’s more to it | tNPS is leading indicator | poor service drives disloyalty

in summary.

Page 26: NPS in Service: 5 Tips to Succeed

John Georgesen, [email protected](513) 784-4708

&