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by bunderbunder 3098 days ago
To your 2nd point, there is some danger there with big ticket products like ERP software.

Asking "What can we do to make that score a 10" of existing customers is fine as long as you've got it balanced with some other work to help you gauge the thinking of the portions of the market that aren't already sending you a 6 figure annual check. But I bet many companies are lulled into a false sense of security by numerous answers to that sort of question that just request minor improvements to existing functionality. Probably frequently given by people who answered 9 to "would you recommend?" and then migrated to some hip new cloud offering a year later.

1 comments

In terms of gaining/maintaining a holistic understanding of a given market and the competitive opportunities within it, I fully agree with your point that understanding the needs of one's existing customers is necessary, but not remotely sufficient.

That broader context is outside the scope of the work I usually do, though -- I'm usually focusing much more specifically on understanding the strength of existing customer franchises.

Certainly, two customers who give 9-out-of-10 scores might have very different levels of satisfaction. Sometimes it's a 9 because "I love the product and the customer service is great but on principle perfection is impossible and I don't give 10s" and sometimes it's a 9 because "the product is pretty good and does everything we need, but our main sales rep is really hard to get ahold of". This is why, in practice, I find that more insight comes out of the "why not 10" questions than the pure NPS number.