Formula.Monks NPS

Formula.Monks's Net Promoter Score (NPS) is a -17 with 33% Promoters, 17% Passives, and 50% Detractors. Net Promoter Score tracks whether Formula.Monks's customers would recommend using the product based on a scale of -100 to 100.

Formula.Monks Overall NPS

-17

NPS

33%	Promoters
17%	Passives
50%	Detractors

Formula.Monks NPS Trend

-100

-50

0

50

100

Summary	Date	Score
Aug 2020 -100	Aug 2020	-100
Jan 2021 -100	Jan 2021	-100
Feb 2021 -40	Feb 2021	-40
Sep 2024 -17	Sep 2024	-17

What is NPS

Net Promoter Score (NPS) is a management tool that can be used to gauge the satisfaction of a firm's customer relationships. NPS has been widely adopted as a key metric often linked to the revenue potential of a company’s product or service. The metric is based on customer responses to the question: "On a scale of 0 to 10, how likely are you to recommend the product to a friend?"

Those who respond with a score of 9 to 10 are known as Promoters, and are widely associated with behaviors that create value, including actively encouraging others to use the product or service. Those who respond with a score of 7 or 8 are categorized as Passives, and they are believed to be less likely to exhibit the value-creation traits of Promoters having a largely neutral effect on other consumers. Detractors are those who fall in the score range of 0 to 6 and represent dissatisfied customers of the product sometimes actively recommending against using the product.