INetU earns a Net Promoter Score® of +61%, an extremely high mark in the hosting industry
Allentown, PA – April 5, 2011 – Managed hosting and cloud provider INetU has built its reputation on exemplary customer service and survey results from an independent market research firm have confirmed the company is keeping up their end of the deal. Customer analysis indicate INetU has earned a robust +61% Net Promoter Score® (NPS), which is based on a 2011 customer survey conducted by Direct Opinions, a Certified Net Promoter Loyalty Partner.
"INetU's Net Promoter Score of 61 is more than 50% higher than scores published by our leading competitors," said INetU president Dev Chanchani. "This validates INetU's sincere commitment to our customers - not just in words, but in quantifiable responses straight from our customer base. The fact that two out of three INetU customers are considered loyal enthusiasts and are actively referring us to others is a feat we are quite proud of and will strive to improve upon."
NPS is based on the fundamental perspective that every company's customers can be divided into three categories: Promoters, Passives, and Detractors. By asking one simple question — How likely is it that you would recommend [Company X] to a friend or colleague? — Net Promoter can track these groups to form a clear measure of company performance through its customer's eyes. Customers respond on a 0-to-10 point rating scale and are categorized as follows:
- Promoters (score 9-10) are loyal enthusiasts who will keep buying and refer others, fueling growth.
- Passives (score 7-8) are satisfied but unenthusiastic customers who are vulnerable to competitive offerings.
- Detractors (score 0-6) are unhappy customers who can damage your brand and impede growth through negative word-of-mouth.
To calculate NPS, the percentage of detractors is subtracted from the percentage of promoters. In a survey of INetU's customers, 66% were promoters (scores of 9-10) and just 5% were detractors (scores of 0-6). The sample-size achieves a confidence level and interval of 95% (+/- 5%), which is statistically significant. INetU's independent customer survey had a response rate of 43%, an exceptionally high figure.
How a company ranks in its own marketplace matters most when determining whether a Net Promoter Score is positive or negative, as different industries will vary greatly. According to the Satmetrix 2011 Net Promoter® Benchmark Study of U.S. Consumers, the average NPS in the Health Insurance industry is -5%, while the average NPS in the auto insurance industry is 35%. NPS is relative only to the competitive set from which customers in a specific industry make purchasing decisions.
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About Net Promoter®
Net Promoter® is both a loyalty metric and a discipline for using customer feedback to fuel profitable growth in your business. Developed by Satmetrix, Bain & Company, and Fred Reichheld, the concept was first popularized through Reichheld's book The Ultimate Question, and has since been embraced by leading companies worldwide as the standard for measuring and improving customer loyalty. The Net Promoter Score, or NPS®, is a straightforward metric that holds companies and employees accountable for how they treat customers. It has gained popularity thanks to its simplicity and its linkage to profitable growth. Employees at all levels of the organization understand it, opening the door to customer- centric change and improved performance. Net Promoter, Net Promoter Score, and NPS are trademarks of Satmetrix Systems, Inc., Bain & Company, Inc., and Fred Reichheld. For additional information, visit www.netpromoter.com.
INetU, Inc. is a leading managed hosting and cloud provider serving businesses worldwide. Dedicated to building long-term relationships with its clients, INetU provides secure, high performance and reliable hosting for enterprise websites and Internet centric applications. INetU is all business, expertly providing compliant solutions for e-Commerce, Healthcare, Financial Services, SaaS, Web Development, Education, Government, Consulting and more. With domestic and international datacenters, INetU has the global reach and the flexible business hosting options needed to empower your success. INetU is PCI, SSAE 16/SOC 1, SOC 2/3, ISAE 3402 and Safe Harbor compliant and provides HIPAA guidance and assurances. To learn more, visit
www.inetu.net.