Satmetrix®

Assessment services

“96% [of senior executives in the Bain & Company survey] said they were focused on the customer. 80% believed they delivered a ‘superior experience’ to their customers. Alas, when we asked customers in another survey to rate the providers of goods and services that they bought from, they gave only 8% of companies a superior rating.” — Fred Reichheld, The Ultimate Question, page 117

Most companies believe that they deliver superior performance. Few actually do.

There is a real gap in perception vs. actual performance. The 8% of companies whose customers actually receive superior service perform significantly better than the competition. 1

Those that do, have much better revenue and income growth than their competitors

A clear understanding of customer expectations — and how well you are performing against those expectations relative to your competition — is required in order to optimize the investments that improve the customer experience and lead to financial growth. A good place to start is with a thorough assessment of how your customer strategy links with your corporate goals and business model.

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1Source: Believers –Bain Customer Led Growth Diagnostic Questionnaire 2004. Believers Are Respondents Answering ‘Strongly Agree’ Or ‘Agree More Than Disagree’ To Question “Our Company Currently Offers A Differentiated, Superior Experience For Our Customers”. N=362Achievers – Satmetrix Net Promoter™ Survey 2001-2004, Bain Net Promoter Research 2004 Achievers Defined As Those Companies With NP Score At Least 1.5 Standard Deviations Above Their Industry Mean. N=474