Customer Loyalty Index.
In our customer loyalty study, we employ a comprehensive approach to measure retention and loyalty, leveraging key advocacy metrics like Net Promoter Score (NPS). This strategic analysis provides valuable insights into customer satisfaction, their likelihood to recommend the brand, and overall brand advocacy. By assessing these metrics, we uncover actionable recommendations to strengthen customer loyalty, enhance retention rates, and foster a community of brand advocates for sustained business success.
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What we do:
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- Advocacy Metric Measurement: Utilize key metrics such as Net Promoter Score (NPS) to quantitatively measure and assess customer loyalty, satisfaction, and their likelihood to recommend the brand.
- Comprehensive Analysis: Conduct a thorough examination of customer feedback, behaviors, and retention rates to gain insights into the factors influencing loyalty, identifying patterns and opportunities for improvement.
- Actionable Recommendations: Provide strategic recommendations based on the study findings to strengthen customer loyalty, improve overall customer experience, and cultivate a community of brand advocates, contributing to long-term business success.
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Our Work:
- Conducted a monthly NPS tracking for a leading Japanese automotive company to assess how willing are car owners to recommend the brand to others based on their recent vehicle purchase experience.
- Evaluated the willingness of an office building tenant and their tendency to continue renting office space in the building by measuring NPS and likeliness to extend their contract. We also explored the reason behind why they are willing to recommend and continue renting as well as the reason if they are not willing to do so.