Should you share your Net Promoter Score percentage (NPS) with your customers? You may be tempted to do this when your score is high—but what happens if your score drops? This is just one pair of positives and negatives that must be balanced. To help you, we’re going through the reasons that you may decide to publish your NPS for each of your main audiences.
The three main groups to take into account are: your employees, internal stakeholders (such as your board and investors), and your customers (and everyone else).
Related content: How to Calculate NPS
Yes, you should include your employees.
You can use NPS to motivate your employees to deliver a better customer experience when keeping your team up to date on performance trends. They will see how their efforts impact customer satisfaction and retention, and adapt accordingly.
In order to ensure you’re reaping the full rewards of your NPS program, you should include trending info, how you’re performing against your key performance indicators, and how you plan to act in response to customer feedback.
How much you reveal will depend on what decisions are affected by this transparency. You may only want to reveal the full detail to those who are in a leadership position, or you may want to discuss this with your entire staff to ensure the entire company is on board.
In essence, every employee should know how his or her role improves the change in overall customer sentiment.
Read more: What is a good NPS score?
Sharing your data with your board, investors and other stakeholders is usually a given. As they have vested interest in your company, they need to know how your company is performing.
Even if you’re performing less than adequately, having a solid plan for how to improve your score will put you in good stead.
If you’re a public company, you’ll have to disclose the information to all investors.
Choosing to publish your score on your website or in your email newsletter can be a good idea.
It can:
How does your NPS measure up against your industry average? Download our free benchmark reports for New Zealand and Australia to find out!