The Net Promoter® Score (NPS) question is instrumental in revealing customer satisfaction and driving loyalty. As companies iterate their products and services, they can actively enhance their NPS.
However, not every industry has the same general benchmark. Understanding where your business lies within your industry will help your teams determine whether they could further improve their customer experience (CX).
The Net Promoter Score, or NPS, measures customer satisfaction and loyalty to your brand. It determines how many customers will become brand ambassadors and encourages your business to grow through word of mouth. For such an important metric, measuring your NPS is a simple process.
Using our NPS survey template, you can create a powerful one-question survey to give you the necessary data.
NPS surveys ask:
Based on the selected number within the range, your respondents are assigned to one of three categories:
If you use our NPS survey template, you’ll see that we’ve added a couple of clarifying questions to help you understand the reasoning behind respondents’ ratings:
Although the answers to these questions will be enlightening, they do not factor into your NPS. It is advisable to include them so that you have a clear understanding of why respondents answered as they did. This qualitative data uncovers the ‘why?’ behind your NPS.
Related reading: Why use NPS?
After collecting data from your NPS survey, you can use the following steps to calculate your NPS.
The number you’re left with is your NPS. Your score can range from -100 to 100.
For example, let’s suppose your NPS survey of 100 customers yielded the following results: 15 detractors (15%), 25 passive (25%) and 60 promoters (60%).
Your NPS calculation would be 60% - 15% = 45%. In this example, your Net Promoter Score is 45.
According to SurveyMonkey benchmark data of over 150,000 organisations, the average NPS is 32 and the top 25% have an NPS of 72 or higher.
Also indicated in our global benchmarks is that:
In general terms, here’s how to define your NPS:
These statistics are for global organisations across multiple industries, which is interesting but not necessarily illuminating. You cannot determine your NPS’s meaning without the context of where it falls within your industry.
For some industries, 20 might be among the worst scores. For others, it might indicate you’re a market leader. However, generally, if your score is below zero, you have some work to do to earn customer loyalty.
Related reading: How to turn NPS detractors into promoters
As we mentioned earlier, your NPS should be evaluated based on the context of your industry. With that in mind, here are a few recent NPS benchmark average scores for a variety of business verticals. Bear in mind that scores can range from -100 to 100.
Related reading: Worldwide NPS revealed
The construction industry aims to build residential and commercial spaces worldwide. There is a significant difference between the upper- and lower-quartile NPSs.
Construction NPS benchmarks:
The following factors could have an impact on the NPS of a company working in construction:
The consulting industry aims to enhance professional services and organisations by offering expert advice, project management and guidance.
Consulting NPS benchmarks:
The following factors could have an impact on the NPS of a consulting company:
The education sector provides opportunities to learn and grow in an academic atmosphere.
Education NPS benchmarks:
The following factors could have an impact on the NPS of an educational company:
The finance industry includes banks, investment firms and other businesses that aim to provide financial infrastructure to clients.
Finance NPS benchmarks:
The following factors could have an impact on the NPS of a company working in finance:
Financial services is a subsection of the finance industry that offers services related to finance. For example, wealth management businesses would fall under this category.
Financial services (excluding insurance) NPS benchmarks:
The following factors could have an impact on the NPS of a financial services company:
Government organisations and agencies offer public services and support and platforms to interact with government bodies.
Government NPS benchmarks:
The following factors could have an impact on the NPS of a government organisation:
The healthcare sector covers everything from hospitals to medical services and holistic healthcare businesses.
Healthcare NPS benchmarks:
The following factors could have an impact on the NPS of a company working in healthcare:
The insurance industry offers risk management and prevention solutions such as healthcare policies, life insurance and property insurance.
Insurance NPS benchmarks:
The following factors could have an impact on the NPS of an insurance company:
The media and entertainment industry includes everything from film and TV services to publishing houses and social media platforms.
Media and entertainment NPS benchmarks:
The following factors could have an impact on the NPS of media and entertainment companies:
Non-profit businesses support causes that relate to environmental, social or political issues. They offer education, advocacy and volunteer opportunities to get involved.
Non-profit NPS benchmarks:
The following factors could have an impact on the NPS of a non-profit:
The real estate industry involves buying, selling, renting and managing commercial and residential properties.
Real estate NPS benchmarks:
The following factors could have an impact on the NPS of an estate agency:
Retailers are all businesses that manage consumer products and sell them to consumers in supermarkets, shops or stores, or online.
Retail NPS benchmarks:
The following factors could have an impact on the NPS of a retail company:
The software and online services industry involves creating and distributing Software as a Service (SaaS) solutions to businesses and individual customers.
Software and online services NPS benchmarks:
The following factors could have an impact on the NPS of a software company:
The technology industry covers everything from the development of devices to support for tech services.
Technology NPS benchmarks:
The following factors could have an impact on the NPS of a tech company:
The transportation and logistics industry involves moving people and goods around the world by train, car, bus, plane, boat and other means.
Transport and logistics NPS benchmarks:
The following factors could have an impact on the NPS of a company working in transport:
You’ll notice that Net Promoter Scores vary widely across industries. Visit SurveyMonkey Benchmarks for more detailed information about obtaining NPS data for your industry. NPS data is also available from companies or organisations. See how your competitors stack up!
Remember that Net Promoter Scores change over time. Use surveys to obtain key information that has an impact on your customers’ loyalty and put the data to good use.
Net Promoter, Net Promoter Score and NPS are trademarks of Satmetrix Systems, Inc., Bain & Company, Inc. and Fred Reichheld.
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