Net Promoter Score (NPS) Calculator
What is Net Promoter Score (NPS)?
Net Promoter Score (NPS) is a metric used to gauge the loyalty of a firm’s customer relationships. It is calculated based on responses to a single question: “On a scale of 0 to 10, how likely are you to recommend our company/product/service to a friend or colleague?”
- Promoters (score 9-10): These are your loyal enthusiasts who will keep buying and refer others, fueling growth.
- Passives (score 7-8): These are satisfied but unenthusiastic customers who are vulnerable to competitive offerings.
- Detractors (score 0-6): These are unhappy customers who can damage your brand and impede growth through negative word-of-mouth.
How to Use the NPS Calculator
Using the 🔗 NPS Calculator is straightforward and easy. Here’s how you can use it:
- Enter the Number of Promoters: Input the number of respondents who scored 9 or 10.
- Enter the Number of Detractors: Input the number of respondents who scored between 0 and 6.
- Enter the Total Number of Responses: Input the total number of survey responses you received.
Once you’ve entered these values, click the “Calculate NPS” button to see your Net Promoter Score.
Example Calculation
Let’s walk through an example:
- Promoters: 150
- Detractors: 50
- Total Responses: 300
Using the formula:
NPS = ((Promoters - Detractors) / Total Responses) * 100
NPS = ((150 - 50) / 300) * 100
NPS = (100 / 300) * 100
NPS = 33.33
Your Net Promoter Score (NPS) is 33.33, indicating a moderate level of customer loyalty.
Benefits of Using the NPS Calculator
1. Measure Customer Loyalty:
- The NPS Calculator helps you understand how loyal your customers are. A higher NPS indicates a higher level of customer satisfaction and loyalty.
2. Identify Areas for Improvement:
- By knowing your NPS, you can identify areas where your business needs improvement. Addressing the concerns of detractors can help turn them into promoters.
3. Benchmark Performance:
- NPS is a standardized metric, making it easy to benchmark your performance against industry standards or competitors.
4. Track Progress Over Time:
- Regularly calculating your NPS allows you to track improvements in customer satisfaction and loyalty over time.
The Net Promoter Score (NPS) Calculator is a valuable tool for any business looking to measure and improve customer loyalty. By providing quick and accurate calculations, this tool helps you make data-driven decisions to enhance customer satisfaction and drive business growth.
Thank you for reading!