Net Promoter Recession-Proof Growth Strategy

Paul Marsden
Paul MarsdenConsumer Psychology at www.digitalintelligencetoday.com
Net Promoter
                                                             A Recession Proof Growth Strategy




                                                                                                       clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Lake Wobegon              Purple Cows
                Cred
              Crun   it
                   ch
              Proo
                   f
 Bad Profits           Red Queens

                               clickadvisor
Hello, we’re clickadvisor, a new digital
   insight agency that uses online
brainstorming techniques to generate
        insight for innovation




                                   clickadvisor
We use Net Promoter
as an insight engine




                       clickadvisor
Loyalty




          clickadvisor
Loyalty   =
          /   Profitability




              clickadvisor
Satisfaction   =
               /   Loyalty   =
                             /   Profitability




                                 clickadvisor
The Red Queen Effect




                      clickadvisor
Dog




IF YOU WANT LOYALTY, GET A DOG
Bad Profits

Telecoms - Customers can’t get Best Deals
Hotels - Phone Bills > Room Charge
Airlines - Change Fees
Trains - SLA - what SLA?
Music - DRM - It’s yours but...
Car Hire - Refilling costs
Utilities - What goes up stays up



                            clickadvisor
ake on
    L g
      be ct
   Wo Effe




clickadvisor
ake on
                            L g
                              be ct
                           Wo Effe

80% of CEOs believe their firm
offers a superior product…




                        clickadvisor
ake on
                            L g
                              be ct
                           Wo Effe

80% of CEOs believe their firm
offers a superior product…
                …8% of their
             customers agree


                        clickadvisor
Profit vs. Experience
Good Profits and Sustainable Growth




                 clickadvisor
Profit vs. Experience
                   Good Profits and Sustainable Growth




               +
profitability




               -




                                    clickadvisor
Profit vs. Experience
                             Good Profits and Sustainable Growth




               +
profitability




               -


                   -   “experience”
                                            +

                                                clickadvisor
Profit vs. Experience
                             Good Profits and Sustainable Growth




               +
profitability




               -


                   -   “experience”
                                            +

                                                clickadvisor
Profit vs. Experience
                                      Good Profits and Sustainable Growth




                                 Angel
               +   Detainees 1           2 Angels
                               Candidates
profitability




                                                    3
               -   Insurgents   Agnostics Missionaries


                       -        “experience”
                                                     +

                                                         clickadvisor
RECOMMENDATIONS ARE A GOOD PROXY FOR EXPERIENCE
 80% OF RECOMMENDATIONS TRIGGERED BY EXPERIENCE
Advocacy
                                   Trust
                                   Favourability
                                   Familiarity
                        IPSOS Reputation Pyramid

                 “Our work shows that there is a strong
                 correlation between an organisation's
                      reputation and its ability to
                   successfully market to consumers”
                               IPSOS 2008


RECOMMENDATIONS ARE A GOOD PROXY FOR EXPERIENCE
                                      clickadvisor
     CUSTOMER ADVOCACY DRIVES REPUTATION
clickadvisor
The most recommended
product in it’s category grows
2.5x category average



                          clickadvisor
“1 in 3 people come to a
brand through personal
    recommendation”



                     clickadvisor
“Something remarkable is
worth talking about. Worth
noticing. Exceptional. New.
Interesting. It’s a Purple Cow.
Boring stuff is invisible. It’s a
brown cow. … Remarkable
marketing is the art of building
things worth noticing right into
your product or service.”

Seth Godin


                   clickadvisor
Radical Simplicity




   RECOMMENDATIONS ARE SIMPLE TO UNDERSTAND,
          MEASURE AND COMMUNICATE      clickadvisor
Profit vs. Experience
                                                                               Good Profits and Sustainable Growth




                                    Low                                  Neutral                       High



                                                                                                          clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Profit vs. Experience
                                                                               Good Profits and Sustainable Growth




                            +
             profitability




                            -

                                    Low                                  Neutral                       High



                                                                                                          clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Profit vs. Experience
                                                                               Good Profits and Sustainable Growth




                            +
             profitability




                            -

                                    Low                                  Neutral                       High



                                                                                                          clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Profit vs. Experience
                                                                               Good Profits and Sustainable Growth




                                              Angel
                            +   Detainees 1           2 Angels
                                            Candidates
             profitability




                                                                                                       3
                            -   Insurgents                        Agnostics Missionaries

                                    Low                                  Neutral                       High
                                                    propensity to recommend

                                                                                                          clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Propensity to Recommend


      How likely would you be to recommend us to a friend?
      Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely




Promoters 259 4%
               5
  Passives 160 -
 Detractors 64 13%
           483    41%          =               (NPS)
                                                                                                       clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Propensity to Recommend


      How likely would you be to recommend us to a friend?
      Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely




               0           1           2           3           4           5           6           7   8    9   10




Promoters 259 4%
               5
  Passives 160 -
 Detractors 64 13%
           483    41%          =               (NPS)
                                                                                                           clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Propensity to Recommend


      How likely would you be to recommend us to a friend?
      Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely




               0           1           2           3           4           5           6           7   8    9   10




              Detainees + Insurgents                                                        Angels + Missionaries
                  = Detractors                                                                  = Promoters
Promoters 259 4%
               5
  Passives 160 -
 Detractors 64 13%
           483    41%          =               (NPS)
                                                                                                           clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Propensity to Recommend




How likely would you be to recommend us to a friend?
Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely


What’s the one thing we could do to most improve our score?




                                                                                        Tag & Vote




                                                                                      clickadvisor
Net Promoter is a Customer-focused Growth Strategy
                                                                               Good Profits and Sustainable Growth




                                    Priority 1                         Priority 1                      Priority 1
                                    Priority 2                         Priority 2                      Priority 2
                                    Priority 3                         Priority 3                      Priority 3




                                    Priority 1                         Priority 1                      Priority 1
                                    Priority 2                         Priority 2                      Priority 2
                                    Priority 3                         Priority 3                      Priority 3


                                    Low                                  Neutral                        High



                                                                                                             clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Net Promoter is a Customer-focused Growth Strategy
                                                                               Good Profits and Sustainable Growth




                                    Priority 1                         Priority 1                      Priority 1
                            +       Priority 2                         Priority 2                      Priority 2
             profitability




                                    Priority 3                         Priority 3                      Priority 3




                                    Priority 1                         Priority 1                      Priority 1
                            -       Priority 2                         Priority 2                      Priority 2
                                    Priority 3                         Priority 3                      Priority 3


                                    Low                                  Neutral                        High



                                                                                                             clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Net Promoter is a Customer-focused Growth Strategy
                                                                               Good Profits and Sustainable Growth




                                    Priority 1                         Priority 1                      Priority 1
                            +       Priority 2                         Priority 2                      Priority 2
             profitability




                                    Priority 3                         Priority 3                      Priority 3




                                    Priority 1                         Priority 1                      Priority 1
                            -       Priority 2                         Priority 2                      Priority 2
                                    Priority 3                         Priority 3                      Priority 3


                                    Low                                  Neutral                        High
                                                    propensity to recommend

                                                                                                             clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Net Promoter is a Customer-focused Growth Strategy
                                                                               Good Profits and Sustainable Growth




                               Interface Support                                                       Coupons


                                    Priority 1                         Priority 1                       Priority 1
                                    Priority 2                         Priority 2                       Priority 2
                                    Priority 3                         Priority 3                       Priority 3


                                    Low                                  Neutral                         High



                                                                                                              clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Net Promoter is a Customer-focused Growth Strategy
                                                                               Good Profits and Sustainable Growth




                            +   Interface Support                                                      Coupons
             profitability




                                    Priority 1                         Priority 1                       Priority 1
                            -       Priority 2                         Priority 2                       Priority 2
                                    Priority 3                         Priority 3                       Priority 3


                                    Low                                  Neutral                         High



                                                                                                              clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Net Promoter is a Customer-focused Growth Strategy
                                                                               Good Profits and Sustainable Growth




                            +   Interface Support                                                      Coupons
             profitability




                                    Priority 1                         Priority 1                       Priority 1
                            -       Priority 2                         Priority 2                       Priority 2
                                    Priority 3                         Priority 3                       Priority 3


                                    Low                                  Neutral                         High
                                                    propensity to recommend

                                                                                                              clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Net Promoter is a Customer-focused Growth Strategy
                                                                               Good Profits and Sustainable Growth




                            +   Interface Support                                                      Coupons
             profitability




                                    Priority 1                         Priority 1                       Priority 1
                            -       Priority 2                         Priority 2                       Priority 2
                                    Priority 3                         Priority 3                       Priority 3


                                     46%p 7% Neutral
                                   p+e
                                  Low u
                                  u r                                                                    High
                               PS Sha propensity to recommend
                             N et
                            M ark                                                                             clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Net Promoter is a Customer-focused Growth Strategy
                                                                               Good Profits and Sustainable Growth




    How likely would you be to recommend us to a friend?
    Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely


    What’s the one housework tip you’d most likely recommend to a friend?




                                                                                                         Tag & Vote

                                   led
                                et- ion
                             ark vat
                            M no
                             In                                                                        clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Net Promoter is a Customer-focused Growth Strategy
                                                                Good Profits and Sustainable Growth




How likely would you be to recommend us to a friend?
Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely


What’s the one thing we could do to most improve our score?




                      M gains
                   38 ty
                  £ vi
                    ti p 68%
                 duc S u
              pro NP
                                                                                      clickadvisor
Hardw
       iring th
of the          e Voic
       Custom          e
 Growt         er into
       h Stra
              tegy
Radical Simplicity




ONE NUMBER, ONE GOAL - NET PROMOTER USES RADICAL SIMPLICITY TO
HARDWIRE THE VOICE OF THE CUSTOMER INTO YOUR GROWTH STRATEGY
“The authors found that the linkage between the Net Promoter
 Score and subsequent customer behavior was modest at best;
 models based on multiple variables consistently outperformed
 models based on Net Promoter”

NET PROMOTER CAN’T BEAT MULTIVARIATE MODELS AS A FORECASTING TOOL
                                                         clickadvisor
Radical Simplicity




   BUT A NET PROMOTER STRATEGY CAN ALIGN AN
ORGANISATION AROUND CUSTOMER-FOCUSED GROWTH
Thanks to promoterz.com for the analogy




AND ONE MORE THING, A NET PROMOTER STRATEGY FUTURE-PROOFS YOUR
 ORGANISATION BY HARNESSING POWERFUL FREE MEDIA: PEOPLE MEDIA
Thanks to promoterz.com for the analogy




PEOPLE ARE GETTING BETTER THAN EVER AT IGNORING YOU
AND PRODUCT CLUTTER MAKES CUTTING THROUGH EVER MORE DIFFICULT
Buy Me!
                                                                                     Buy Me!
                                                                 Buy Me!                                 Buy Me!
             Buy Me!                         Buy Me!
                            Buy Me!

                                                                       Buy Me!
                                      Buy Me!                                              Buy Me!
                                                         Buy Me!
          Buy Me!        Buy Me!
                                                                              Buy Me!
                                             Buy Me!
                                                                                                  Buy Me!

             Buy Me!     Buy Me!                            Buy Me!

                                         Buy Me!                             Buy Me!
 Buy Me!                                                                                       Buy Me!


                            Buy Me!
                                                   Buy Me!                 Buy Me!
            Buy Me!                                                                               Buy Me!



                       Buy Me!
                                   Buy Me!                                   Buy Me!
   Buy Me!                                             Buy Me!
AND PRODUCT CLUTTER MAKES CUTTING THROUGH EVER MORE DIFFICULT
                                                     Buy Me!
7 6% don’t
believe you
A NET PROMOTER GROWTH STRATEGY WILL CUT THROUGH THE CLUTTER...
% of c 92%
 rate w  onsume
        ord of     rs who
   best so mouth
   inform   urce of
    NOP     a
        World tion
             2005




A NET PROMOTER GROWTH STRATEGY WILL CUT THROUGH THE CLUTTER...
Custom #1
                                             is #1 i    er Adv
                                                                     ocacy
                                            purcha nfluence on
                                               (Weber se dec
                                                           wick 2 isions
                                                     Shand
                                                                 008)




A NET PROMOTER GROWTH STRATEGY WILL CUT THROUGH THE CLUTTER...
% likel 91%
  produc  y to tr
          t or se   y a ne
                           w
recomm persona rvice if
        ended lly
          World to the
      NOP
               2005     m
   A NET PROMOTER GROWTH STRATEGY WILL CUT THROUGH THE CLUTTER...
Avera         56
                                                          ge bra
                                               mentio             nd
                                         convers            ns in
                                                 ation p
                                                       Fay 20 er we
                                               (Keller
                                                             06)    ek

A NET PROMOTER GROWTH STRATEGY WILL CUT THROUGH THE CLUTTER...
This Space
                          for Hire




A NET PROMOTER GROWTH STRATEGY WILL CUT THROUGH THE CLUTTER...
WOULD YOU
                          RECOMMEND
                              US?
...BY IGNITING WORD OF MOUTH NETWORKS
Net Promoter as Credit-Crunch Proof Growth Strategy
                                                     Beating the credit crunch by activating promoters




                                    Low                                  Neutral                       High



                                                                                                          clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Net Promoter as Credit-Crunch Proof Growth Strategy
                                                     Beating the credit crunch by activating promoters




                            +
             profitability




                            -

                                    Low                                  Neutral                       High



                                                                                                          clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Net Promoter as Credit-Crunch Proof Growth Strategy
                                                     Beating the credit crunch by activating promoters




                            +
             profitability




                            -

                                    Low                                  Neutral                       High



                                                                                                          clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
Net Promoter as Credit-Crunch Proof Growth Strategy
                                                     Beating the credit crunch by activating promoters




                                              Angel
                            +   Detainees 1           2 Angels
                                            Candidates
             profitability




                                                                                                       3
                            -   Insurgents                        Agnostics Missionaries

                                    Low                                  Neutral                       High
                                                    propensity to recommend

                                                                                                          clickadvisor
Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
OH F**K!




           clickadvisor
“50% of people who say they
would recommend your brand,
  haven’t yet recommended”




 A NEW ROLE FOR MARKETING - ACTIVATING ADVOCACY
                                       clickadvisor
Propensity to Recommend




How likely would you be to recommend us to a friend?
Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely


What’s the main reason you’d give for recommending us?

           Use i
         your nsights
        - to  mark to b
                   eting rief
        that build cam agency
                                                                                        Tag & Vote

      artic help pr paigns
           ulate omote
         to re the re rs
              comm ason
                   end                                                                clickadvisor
Propensity to Recommend




How likely would you be to recommend us to a friend?
Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely


What’s the main reason you’d give for recommending us?

           Use i
         your nsights
        - to  mark to b
                   eting rief
        that build cam agency
                                                                                        Tag & Vote

      artic help pr paigns
           ulate omote
         to re the re rs
              comm ason
                   end                                                                clickadvisor
Propensity to Recommend




How likely would you be to recommend us to a friend?
Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely


What’s the main reason you’d give for recommending us?

           Use i
         your nsights
        - to  mark to b
                   eting rief
        that build cam agency
                                                                                        Tag & Vote

      artic help pr paigns
           ulate omote
         to re the re rs
              comm ason
                   end                                                                clickadvisor
ACTIVATE PROMOTERS WITH MARKETING THAT HELPS PROMOTERS
          ARTICULATE THE REASON TO RECOMMEND
Why choose Net Promoter as your Growth Strategy




                                  clickadvisor
Why choose Net Promoter as your Growth Strategy



       Good Profits
    Radical Simplicity
    Actionable Results


                                  clickadvisor
Why choose Net Promoter as your Growth Strategy



       Good Profits
    Radical Simplicity
    Actionable Results
        (Open Source)

                                  clickadvisor
Whatever you do, make sure
it’s worth talking about



                      clickadvisor
clickadvisor
Thank you

For copies please email paul.marsden@clickadvisor.com




                                            clickadvisor
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Net Promoter Recession-Proof Growth Strategy

  • 1. Net Promoter A Recession Proof Growth Strategy clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 2. Lake Wobegon Purple Cows Cred Crun it ch Proo f Bad Profits Red Queens clickadvisor
  • 3. Hello, we’re clickadvisor, a new digital insight agency that uses online brainstorming techniques to generate insight for innovation clickadvisor
  • 4. We use Net Promoter as an insight engine clickadvisor
  • 5. Loyalty clickadvisor
  • 6. Loyalty = / Profitability clickadvisor
  • 7. Satisfaction = / Loyalty = / Profitability clickadvisor
  • 8. The Red Queen Effect clickadvisor
  • 9. Dog IF YOU WANT LOYALTY, GET A DOG
  • 10. Bad Profits Telecoms - Customers can’t get Best Deals Hotels - Phone Bills > Room Charge Airlines - Change Fees Trains - SLA - what SLA? Music - DRM - It’s yours but... Car Hire - Refilling costs Utilities - What goes up stays up clickadvisor
  • 11. ake on L g be ct Wo Effe clickadvisor
  • 12. ake on L g be ct Wo Effe 80% of CEOs believe their firm offers a superior product… clickadvisor
  • 13. ake on L g be ct Wo Effe 80% of CEOs believe their firm offers a superior product… …8% of their customers agree clickadvisor
  • 14. Profit vs. Experience Good Profits and Sustainable Growth clickadvisor
  • 15. Profit vs. Experience Good Profits and Sustainable Growth + profitability - clickadvisor
  • 16. Profit vs. Experience Good Profits and Sustainable Growth + profitability - - “experience” + clickadvisor
  • 17. Profit vs. Experience Good Profits and Sustainable Growth + profitability - - “experience” + clickadvisor
  • 18. Profit vs. Experience Good Profits and Sustainable Growth Angel + Detainees 1 2 Angels Candidates profitability 3 - Insurgents Agnostics Missionaries - “experience” + clickadvisor
  • 19. RECOMMENDATIONS ARE A GOOD PROXY FOR EXPERIENCE 80% OF RECOMMENDATIONS TRIGGERED BY EXPERIENCE
  • 20. Advocacy Trust Favourability Familiarity IPSOS Reputation Pyramid “Our work shows that there is a strong correlation between an organisation's reputation and its ability to successfully market to consumers” IPSOS 2008 RECOMMENDATIONS ARE A GOOD PROXY FOR EXPERIENCE clickadvisor CUSTOMER ADVOCACY DRIVES REPUTATION
  • 22. The most recommended product in it’s category grows 2.5x category average clickadvisor
  • 23. “1 in 3 people come to a brand through personal recommendation” clickadvisor
  • 24. “Something remarkable is worth talking about. Worth noticing. Exceptional. New. Interesting. It’s a Purple Cow. Boring stuff is invisible. It’s a brown cow. … Remarkable marketing is the art of building things worth noticing right into your product or service.” Seth Godin clickadvisor
  • 25. Radical Simplicity RECOMMENDATIONS ARE SIMPLE TO UNDERSTAND, MEASURE AND COMMUNICATE clickadvisor
  • 26. Profit vs. Experience Good Profits and Sustainable Growth Low Neutral High clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 27. Profit vs. Experience Good Profits and Sustainable Growth + profitability - Low Neutral High clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 28. Profit vs. Experience Good Profits and Sustainable Growth + profitability - Low Neutral High clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 29. Profit vs. Experience Good Profits and Sustainable Growth Angel + Detainees 1 2 Angels Candidates profitability 3 - Insurgents Agnostics Missionaries Low Neutral High propensity to recommend clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 30. Propensity to Recommend How likely would you be to recommend us to a friend? Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely Promoters 259 4% 5 Passives 160 - Detractors 64 13% 483 41% = (NPS) clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 31. Propensity to Recommend How likely would you be to recommend us to a friend? Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely 0 1 2 3 4 5 6 7 8 9 10 Promoters 259 4% 5 Passives 160 - Detractors 64 13% 483 41% = (NPS) clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 32. Propensity to Recommend How likely would you be to recommend us to a friend? Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely 0 1 2 3 4 5 6 7 8 9 10 Detainees + Insurgents Angels + Missionaries = Detractors = Promoters Promoters 259 4% 5 Passives 160 - Detractors 64 13% 483 41% = (NPS) clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 33. Propensity to Recommend How likely would you be to recommend us to a friend? Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely What’s the one thing we could do to most improve our score? Tag & Vote clickadvisor
  • 34. Net Promoter is a Customer-focused Growth Strategy Good Profits and Sustainable Growth Priority 1 Priority 1 Priority 1 Priority 2 Priority 2 Priority 2 Priority 3 Priority 3 Priority 3 Priority 1 Priority 1 Priority 1 Priority 2 Priority 2 Priority 2 Priority 3 Priority 3 Priority 3 Low Neutral High clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 35. Net Promoter is a Customer-focused Growth Strategy Good Profits and Sustainable Growth Priority 1 Priority 1 Priority 1 + Priority 2 Priority 2 Priority 2 profitability Priority 3 Priority 3 Priority 3 Priority 1 Priority 1 Priority 1 - Priority 2 Priority 2 Priority 2 Priority 3 Priority 3 Priority 3 Low Neutral High clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 36. Net Promoter is a Customer-focused Growth Strategy Good Profits and Sustainable Growth Priority 1 Priority 1 Priority 1 + Priority 2 Priority 2 Priority 2 profitability Priority 3 Priority 3 Priority 3 Priority 1 Priority 1 Priority 1 - Priority 2 Priority 2 Priority 2 Priority 3 Priority 3 Priority 3 Low Neutral High propensity to recommend clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 37. Net Promoter is a Customer-focused Growth Strategy Good Profits and Sustainable Growth Interface Support Coupons Priority 1 Priority 1 Priority 1 Priority 2 Priority 2 Priority 2 Priority 3 Priority 3 Priority 3 Low Neutral High clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 38. Net Promoter is a Customer-focused Growth Strategy Good Profits and Sustainable Growth + Interface Support Coupons profitability Priority 1 Priority 1 Priority 1 - Priority 2 Priority 2 Priority 2 Priority 3 Priority 3 Priority 3 Low Neutral High clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 39. Net Promoter is a Customer-focused Growth Strategy Good Profits and Sustainable Growth + Interface Support Coupons profitability Priority 1 Priority 1 Priority 1 - Priority 2 Priority 2 Priority 2 Priority 3 Priority 3 Priority 3 Low Neutral High propensity to recommend clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 40. Net Promoter is a Customer-focused Growth Strategy Good Profits and Sustainable Growth + Interface Support Coupons profitability Priority 1 Priority 1 Priority 1 - Priority 2 Priority 2 Priority 2 Priority 3 Priority 3 Priority 3 46%p 7% Neutral p+e Low u u r High PS Sha propensity to recommend N et M ark clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 41. Net Promoter is a Customer-focused Growth Strategy Good Profits and Sustainable Growth How likely would you be to recommend us to a friend? Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely What’s the one housework tip you’d most likely recommend to a friend? Tag & Vote led et- ion ark vat M no In clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 42. Net Promoter is a Customer-focused Growth Strategy Good Profits and Sustainable Growth How likely would you be to recommend us to a friend? Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely What’s the one thing we could do to most improve our score? M gains 38 ty £ vi ti p 68% duc S u pro NP clickadvisor
  • 43. Hardw iring th of the e Voic Custom e Growt er into h Stra tegy
  • 44. Radical Simplicity ONE NUMBER, ONE GOAL - NET PROMOTER USES RADICAL SIMPLICITY TO HARDWIRE THE VOICE OF THE CUSTOMER INTO YOUR GROWTH STRATEGY
  • 45. “The authors found that the linkage between the Net Promoter Score and subsequent customer behavior was modest at best; models based on multiple variables consistently outperformed models based on Net Promoter” NET PROMOTER CAN’T BEAT MULTIVARIATE MODELS AS A FORECASTING TOOL clickadvisor
  • 46. Radical Simplicity BUT A NET PROMOTER STRATEGY CAN ALIGN AN ORGANISATION AROUND CUSTOMER-FOCUSED GROWTH
  • 47. Thanks to promoterz.com for the analogy AND ONE MORE THING, A NET PROMOTER STRATEGY FUTURE-PROOFS YOUR ORGANISATION BY HARNESSING POWERFUL FREE MEDIA: PEOPLE MEDIA
  • 48. Thanks to promoterz.com for the analogy PEOPLE ARE GETTING BETTER THAN EVER AT IGNORING YOU
  • 49. AND PRODUCT CLUTTER MAKES CUTTING THROUGH EVER MORE DIFFICULT
  • 50. Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! Buy Me! AND PRODUCT CLUTTER MAKES CUTTING THROUGH EVER MORE DIFFICULT Buy Me!
  • 52. A NET PROMOTER GROWTH STRATEGY WILL CUT THROUGH THE CLUTTER...
  • 53. % of c 92% rate w onsume ord of rs who best so mouth inform urce of NOP a World tion 2005 A NET PROMOTER GROWTH STRATEGY WILL CUT THROUGH THE CLUTTER...
  • 54. Custom #1 is #1 i er Adv ocacy purcha nfluence on (Weber se dec wick 2 isions Shand 008) A NET PROMOTER GROWTH STRATEGY WILL CUT THROUGH THE CLUTTER...
  • 55. % likel 91% produc y to tr t or se y a ne w recomm persona rvice if ended lly World to the NOP 2005 m A NET PROMOTER GROWTH STRATEGY WILL CUT THROUGH THE CLUTTER...
  • 56. Avera 56 ge bra mentio nd convers ns in ation p Fay 20 er we (Keller 06) ek A NET PROMOTER GROWTH STRATEGY WILL CUT THROUGH THE CLUTTER...
  • 57. This Space for Hire A NET PROMOTER GROWTH STRATEGY WILL CUT THROUGH THE CLUTTER...
  • 58. WOULD YOU RECOMMEND US? ...BY IGNITING WORD OF MOUTH NETWORKS
  • 59. Net Promoter as Credit-Crunch Proof Growth Strategy Beating the credit crunch by activating promoters Low Neutral High clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 60. Net Promoter as Credit-Crunch Proof Growth Strategy Beating the credit crunch by activating promoters + profitability - Low Neutral High clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 61. Net Promoter as Credit-Crunch Proof Growth Strategy Beating the credit crunch by activating promoters + profitability - Low Neutral High clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 62. Net Promoter as Credit-Crunch Proof Growth Strategy Beating the credit crunch by activating promoters Angel + Detainees 1 2 Angels Candidates profitability 3 - Insurgents Agnostics Missionaries Low Neutral High propensity to recommend clickadvisor Net Promoter is a registered trademark of Satmetrix Systems, Inc., Bain & Company and Fred Reichheld
  • 63. OH F**K! clickadvisor
  • 64. “50% of people who say they would recommend your brand, haven’t yet recommended” A NEW ROLE FOR MARKETING - ACTIVATING ADVOCACY clickadvisor
  • 65. Propensity to Recommend How likely would you be to recommend us to a friend? Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely What’s the main reason you’d give for recommending us? Use i your nsights - to mark to b eting rief that build cam agency Tag & Vote artic help pr paigns ulate omote to re the re rs comm ason end clickadvisor
  • 66. Propensity to Recommend How likely would you be to recommend us to a friend? Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely What’s the main reason you’d give for recommending us? Use i your nsights - to mark to b eting rief that build cam agency Tag & Vote artic help pr paigns ulate omote to re the re rs comm ason end clickadvisor
  • 67. Propensity to Recommend How likely would you be to recommend us to a friend? Please rate us on a scale of 0-10 where 0 = Extremely Unlikely and 10 = Very Likely What’s the main reason you’d give for recommending us? Use i your nsights - to mark to b eting rief that build cam agency Tag & Vote artic help pr paigns ulate omote to re the re rs comm ason end clickadvisor
  • 68. ACTIVATE PROMOTERS WITH MARKETING THAT HELPS PROMOTERS ARTICULATE THE REASON TO RECOMMEND
  • 69. Why choose Net Promoter as your Growth Strategy clickadvisor
  • 70. Why choose Net Promoter as your Growth Strategy Good Profits Radical Simplicity Actionable Results clickadvisor
  • 71. Why choose Net Promoter as your Growth Strategy Good Profits Radical Simplicity Actionable Results (Open Source) clickadvisor
  • 72. Whatever you do, make sure it’s worth talking about clickadvisor
  • 74. Thank you For copies please email paul.marsden@clickadvisor.com clickadvisor