LSA16: Importance of Trust, NPS Scores for SMB Marketing Providers

Eric Groves, CEO of Alignable, spent time today at LSA16 talking about the importance of net promoter scores (NPS) especially in the SMB marketing space. Alignable is a social platform for SMBs and Eric said that they currently have 100K SMB members.

Alignable had released some of the scores earlier this year, but Eric provided a long list of interesting and practical takeaways from his session which included:

  • SMBs trust each other.
  • SMBs can trust large brands, but this only happens when these brands invest in building relationships with their clients.
  • Facebook NPS scores started to decline when the company started throttling organic reach.
  • If you’re just doing NPS surveys of your “brand ambassadors” you’re getting a false sense of security.
  • Important to get out in front of your NPS score because the customer sentiment is out there.
  • Once we get 50 to 75 SMBs to rate a brand the NPS doesn’t change a lot.
  • NPS directly impacts cost of customer acquisition.
  • The NPS score tells you if the wind is at your back or in your face.
  • You can’t buy word of mouth referrals.
  • Without trust customer acquisition costs are astronomical.
  • In social media, trust becomes even more important.
  • You need to join in the conversation about your brand without selling.
  • Your customers own your brand.
  • If you give SMBs realistic expectations you can win their trust.
  • GoDaddy is an example of how customer service/support was able to elevate NPS score.
  • 24/7 customer support elevated its NPS above other provider.

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