LSA16: NPS Data - What It Means for You & the Market

LocalSearchAssociation 664 views 11 slides Mar 15, 2016
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About This Presentation

During his LSA16 session, Alignable CEO Eric Groves discussed the importance of trust and the net promoter score (NPS) for the market. For more on this session visit: http://bit.ly/1RindVp


Slide Content

© Alignable, Inc. 2015
Trust
HOW LIKELY IS A SMB TO
RECOMMEND YOU

© Alignable, Inc. 2015
THESMB TRUSTINDEX℠
3/15/2016

© Alignable, Inc. 2015
INDEXFAQ
Who?
Over 6,000 SMB Owners on Alignable rating and reviewing (1,500 added in
Q4 2015)
Brands being discussed by SMBs get added as a brand to rate.
Ratings collected using 0 to 10 NPS scale
What?
This is an index of SMBs across North America
Updated Quarterly
Brand Internal NPS will tend higher due to sampling from existing customers
Why?
SMBs are being bombarded with solicitations
Need trusted place they can go to get answers from each other
Radical shift in how information is shared and how brands will engage
Brands need to understand full spectrum of SMB sentiment
Feedback helps us all get better
3/15/2016

© Alignable, Inc. 2015
SMB TRUSTINDEX℠
Lead Capture
Paying Customers
Internal NPS
Source
Churn
Departed
Business owners
with an informed
opinion about
your business
SMB Trust Index
Website Visitors
Advocates
@ Risk
Business Owners looking for a trusted opinionabout
your brand
Engaged on Alignable
Engaged by Your Team
Unreached Masses
Trial Users
Convert, Engage, Retain
3/15/2016

© Alignable, Inc. 2015
ORDERSOF MAGNITUDE
Visitor to Trial
5% conversion
Website Visitors
27,000,000
236,00
0
Advocates
187,000
@ Risk
Unreached Masses
Trial Users
1,376,000
Trial to Pay 30% conversion
Churn Rate
4% per month
5 Years Growth from
10,000
Adding 3,000 Net
Adds / Month
3/15/2016

© Alignable, Inc. 2015
COMPANYINSIGHTS
Sheryl Sandberg @Goldman Sachs Conference
Small business "biggest opportunities" for the future, and that it
can get more on board by getting better at giving them "avery
simple product that links toclear business objectives."
Facebook’s SMB Trust
Index
SM
22
23
24
25
26
27
28
29
Q2 2015 Q3 2015 Q4 2015
January 2015 Survey
N = 1,400+
3/15/2016

© Alignable, Inc. 2015
INDUSTRYINSIGHTS
Website Industry Insights
26
11
-7
-13
-61
Access to great customer
support trumps slick UI landing
GoDaddyin the top spot.
#1 website concern is being
found in search engines
Over 40% of SMB websites get
less than 250 visitors per
month
3/15/2016

© Alignable, Inc. 2015
INDUSTRYINSIGHTS
Email Marketing Industry
50
16
Creativity, Voice, and
Freemium Wins Round 2
60 Day Trial & Customer
Support Wins Round 1
Education builds Trust
--
--
--
3/15/2016

© Alignable, Inc. 2015
WHYTRUSTMATTERS
Traditional
Marketing
$$$
$
¢
Cost of Acquisition
Inbound
Marketing
Social
Marketing
Broadcast
Print
Sales Force
Broadcast Print Direct Mail
Broadcast Print Outbound Calling
LinkedIn
Facebook
Alignable
Google Marketo Salesforce
Google Hubspot
Google
Enterprise
SMB
Consume r
3/15/2016

© Alignable, Inc. 2015
HOWTRUSTIMPACTSCOA
Trust
Customer Virality
Broadcast
Print
Telesales
PPC
Inbound Marketing
Positive NPS Neutral NPS Negative NPS
3/15/2016

© Alignable, Inc. 2015
Thank You
Eric Groves
eric@ alignable.com