Net Promoter Score (NPS)
A metric that measures client satisfaction and loyalty by asking how likely clients are to recommend your agency. NPS helps agencies understand client sentiment and identify areas for improvement.
Definition
Related Terms
Client Retention Rate
The percentage of clients who continue working with your agency over a given period. High retention rates indicate strong relationships and reduce the need for constant new client acquisition.
Client Lifetime Value (CLV)
The total revenue a client generates over the entire relationship with your agency. Understanding CLV helps agencies make better decisions about acquisition costs, service levels, and retention efforts.
Client Onboarding
The process of welcoming new clients, setting expectations, gathering information, and establishing workflows. Effective onboarding sets the foundation for successful client relationships.
Related Resources
Frequently Asked Questions
How do you calculate Net Promoter Score?
Ask clients "How likely are you to recommend us?" on a 0-10 scale. Categorize as Promoters (9-10), Passives (7-8), or Detractors (0-6). NPS = % Promoters - % Detractors, resulting in a score from -100 to +100. Scores of 50+ are considered excellent.
What is a good NPS score for agencies?
NPS scores vary by industry and agency type, but scores of 50+ are generally considered excellent, 0-50 are good, and negative scores indicate problems. The key is tracking your score over time and comparing to industry benchmarks.
How can agencies improve their NPS?
Improve NPS by delivering exceptional service, maintaining clear communication, providing ongoing value, addressing Detractor concerns promptly, and building strong relationships. Measure regularly, follow up on results, and use insights to drive improvements.
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