Friday 24th May

The Pulse

Understanding client loyalty

Adam Ferguson Written by
From MYOB, Your Clients Print Page
19
Jun

client and loyalty words written on a page

For many years MYOB has been conducting half yearly surveys to measure and understand the satisfaction we provide clients such as you, our valued partner. This has provided excellent insights into your experience, particularly around what we are doing well and what we can improve. Needless to say, we have many engaged and frank clients, whose constructive feedback we appreciate.

More recently we reviewed our approach to understanding the satisfaction of clients across all our businesses and have decided to move to the recognised global methodology of NPS (Net Promoter Score). NPS seeks to measure and understand the drivers of client loyalty, a direct result of client satisfaction.

Traditionally client satisfaction surveys ask how satisfied you are, whereas NPS asks the question ‘On a scale of 0 -10, how likely is it that you would recommend our company to a friend or colleague’.  One of the keys to the success of NPS is to keep the survey very short. There is a plethora of research on this methodology and if you would like to know more I recommend http://www.netpromoter.com/np/calculate.jsp or alternatively just search Net Promoter Score.

Put simply the research and theory indicates that measuring your likelihood to recommend is a higher benchmark than the simple measurement of satisfaction. It is useful to know that you are satisfied (or not), but how do our interactions motivate you to want to recommend MYOB?

You may have recently received a survey including the NPS question. This survey was the last of our half-yearly surveys. Going forward we will be seeking to measure and understand the NPS at a transactional level – an interaction you have with MYOB – so we have current and more specific feedback on your satisfaction. This transaction may be a support query, a product update, a recent implementation, or a meeting with your Client Manager. However, rest assured you will not be contacted more frequently than once every 90 days.

A key driver of a client’s likelihood to recommend is their recent experiences and it can be the smallest or largest of interactions which influence this. Ultimately, our goal is to improve what we are delivering to you. Our short NPS surveys will allow you to provide input that will drive internal change.
In advance, we greatly appreciate you taking the time to provide us with the feedback required to ensure MYOB serves you better in the future. It’s going to be a fun journey and we look forward to you travelling it with us.

Adam Ferguson | General Manager – Accountants Division | MYOB

, , ,

Start the discussion

Connect with Facebook

*

* Denote required fields

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

We love to hear what you think, but please note, that by submitting a comment you agree to our comment policy.

Our comments work like a dinner party. Differences of opinion are welcome but keep it respectful or the host will show you the door. If you're rude or abusive, your comment will be deleted. And if you're offensive, you won't be welcome back. We reserve the right to remove any comments that do not comply with our policy. Have fun and thanks for adding to the conversation.

Most Viewed Posts

Hot Topics

Polls

Hello! What do you do?

View Results

Loading ... Loading ...

30 day free trial

More from the Pulse