Tuesday 21st May

The Pulse

Understanding client loyalty

Adam Ferguson Written by
From MYOB, Your Clients Print Page
19
Jun

client and loyalty words written on a page

For many years MYOB has been conducting half yearly surveys to measure and understand the satisfaction we provide clients such as you, our valued partner. This has provided excellent insights into your experience, particularly around what we are doing well and what we can improve. Needless to say, we have many engaged and frank clients, whose constructive feedback we appreciate.

More recently we reviewed our approach to understanding the satisfaction of clients across all our businesses and have decided to move to the recognised global methodology of NPS (Net Promoter Score). NPS seeks to measure and understand the drivers of client loyalty, a direct result of client satisfaction.

Traditionally client satisfaction surveys ask how satisfied you are, whereas NPS asks the question ‘On a scale of 0 -10, how likely is it that you would recommend our company to a friend or colleague’.  One of the keys to the success of NPS is to keep the survey very short. There is a plethora of research on this methodology and if you would like to know more I recommend http://www.netpromoter.com/np/calculate.jsp or alternatively just search Net Promoter Score.

Put simply the research and theory indicates that measuring your likelihood to recommend is a higher benchmark than the simple measurement of satisfaction. It is useful to know that you are satisfied (or not), but how do our interactions motivate you to want to recommend MYOB?

You may have recently received a survey including the NPS question. This survey was the last of our half-yearly surveys. Going forward we will be seeking to measure and understand the NPS at a transactional level – an interaction you have with MYOB – so we have current and more specific feedback on your satisfaction. This transaction may be a support query, a product update, a recent implementation, or a meeting with your Client Manager. However, rest assured you will not be contacted more frequently than once every 90 days.

A key driver of a client’s likelihood to recommend is their recent experiences and it can be the smallest or largest of interactions which influence this. Ultimately, our goal is to improve what we are delivering to you. Our short NPS surveys will allow you to provide input that will drive internal change.
In advance, we greatly appreciate you taking the time to provide us with the feedback required to ensure MYOB serves you better in the future. It’s going to be a fun journey and we look forward to you travelling it with us.

Adam Ferguson | General Manager – Accountants Division | MYOB

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What others are saying

  1. Author

    Tracy

    July 16, 2012 at 3:40 pm

    I have to ask myself why we are paying over $500 per year to MYOB for support. Although I appreciate that the end of the financial year is a busy time, I do expect to be able to download the new tax tables without any problems. I can’t get through by phone (hung on for 1 hour), have tried the my.myob – just got booted off and told to try another time, tried to solve the problem using site help points. It looks like I am going to have to do the payroll taxes manually once again!!!. All I get when I try to load the tables is the message I am either not connect or the server is busy. Is there anybody out there?? I have also only just found that there has been an update to MYOB. Do we now have to check the website on a regular basis to see if there is an upgrade to the software? It used to be so much easier when we were sent any upgrades and the tax tables on a disc. But now . . . . less service, higher yearly charges.

  2. Lauren Ridgway

    MYOB

    Lauren Ridgway Social Media Manager

    July 16, 2012 at 5:06 pm

    Hi Tracy, yes I’m out here! It certainly sounds like you’ve been having some difficulty, and unfortunately being such a busy time of year there have been some long wait times.
    I have forwarded your comment to our customer support team who will respond to you via email. Alternatively, please feel free to send us an email at [socialmedia at myob dot com] with your serial number in the subject line.

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