How likely are you to recommend [company x] to a friend or colleague? That’s the call to action for many NPS (Net Promoter Score) customer surveys - one that we’re sure has landed in your Inbox many times.
NPS operates as a measure of overall customer loyalty, but hinges on your customers answering a single question: On a scale of 0-10, how likely are you to recommend our company/product/service to a friend or colleague?
The popularity of NPS stems from its status as a standard benchmark, which allows comparisons to be made across different industries and competitors. Its simplicity also makes it easy for organizations to comprehend and communicate. However, its ease of use and broad acceptance doesn’t necessarily translate into a useful tool for product enhancement, and in fact it can be quite the opposite.
Let's take a look at why.
NPS can be a little bit like that friend who tells you the headline news but leaves out all the juicy details - it’s just a little bit vague.
If a customer scores low, you're left scratching your head, asking "But why? Was it our product? Our customer service? Our prices?" Likewise, if they score high, you're in the dark about what you did right. You want to know what you should keep doing, right? NPS simply doesn't give you the detailed insights you need to make precise changes to your product or service.
NPS has a number of shortcomings that prevent it from truly giving you the feedback you need to drive effective, customer-focused changes within your company or product:
Given these problems with NPS, what’s a better way to gather insights and meaningful feedback from your customers?
Voyce Feedback is a simple customer feedback system aimed at delivering actionable insights about your customers' experiences, preferences, and concerns.
Unlike traditional metrics like Net Promoter Score, Voyce encourages a customer to provide a comprehensive explanation of their viewpoint (without overtaxing them) by asking two simple, but carefully designed questions - How was your experience with us? and If you could change or improve one thing, what would it be?
This might seem overly simplistic at first, but remember, traditional NPS surveys only ask one question! Our questions are designed to not only gather overall sentiment, but to also follow this with a request for explanatory feedback.
Let's break this down and discuss in a bit more detail.
The first question we ask - How was your experience with us? - offers the respondent only two clear options, 'Good' or 'Bad'.
This binary response is deliberately designed to compel people to make a clear choice - was their experience positive or not? It embraces the ‘don’t make me think’ philosophy which helps to avoid choice paralysis, and discourages the ambivalence which will undermine your ability to drive meaningful improvements in your product! You can read more about the implications of having an odd or even number of survey questions here.
This question captures the overall sentiment of the feedback which can be later used for filtering and analysis, and primes the user to fully and properly answer the following ‘Magic Question’.
After clicking 'Good' or 'Bad', customers are presented with what we've dubbed the 'Magic Question' - If you could change or improve one thing, what would it be?
Years of our own customer research and testing of numerous interview and survey questions have shown that this one specific question elicits the highest response rate, and more importantly, it generates the most useful, actionable feedback.
These insights and any other details the customer wishes to leave with you are saved straight into Voyce where they easily identified, sitting alongside the feedback and insights you gather from other sources.
After they've provided their feedback, your customers also get the chance to share their contact information (this is completely optional).
This gives you the means to get in touch and really delve into any problems or concerns they might have. Even better, it allows you to circle back with your customers at a later date to assure them that the issues they flagged have been addressed and resolved.
One of the key strengths of Voyce Feedback is its simplicity to set up and its ability to centralize your customer feedback. Voyce enables efficient organization, discussion, and triage of feedback, which leads to a deeper understanding of your customers' preferences and problems.
Voyce goes beyond surface-level feedback. By helping you identify trends and patterns, you’re able to define specific problems and initiate the creation of solutions. This proactive approach fosters innovation and continuous improvement, a feature not offered by the single-question NPS system.
Voyce stands out with its ability to rapidly address customer issues. Because you’re able to continuously monitor feedback and make timely improvements to your business, you can prevent situations from escalating on public online review platforms where confidence in your product or service can be undermined. This contrasts with the traditional NPS system, which often results in delayed feedback due to its quarterly or annual calculation process.
Voyce excels in capturing and managing customer insights. It serves as a repository for not just feedback through the Voyce Feedback form, but for all customer research, insights, and feedback. This enables your business to clearly define and prioritize customer problems, so you can create smarter solutions that deliver real value.
Want meaningful customer feedback? Try Voyce Feedback for Free!