Bazaarvoice Integrates ''The Ultimate Question(TM)'' Into Its Customer Ratings & Reviews Solution; Brands Can Now Ask Every Reviewer ''Would You Recommend This Company to a Friend?'' to Measure Performance Through Their Customers' Eyes.AUSTIN Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum , Texas -- Bazaarvoice, an innovator in helping brands use online word of mouth to build their businesses, today introduced Net Promoter, a new feature designed to extend the strategic impact of on-site ratings and reviews for customer-centric organizations. Immediately available free of charge to clients, Net Promoter allows Bazaarvoice clients to easily ask every reviewer re·view·er n. One who reviews, especially one who writes critical reviews, as for a newspaper or magazine. reviewer Noun a person who writes reviews of books, films, etc. Noun 1. The Ultimate Question(TM): "Would you recommend this company to a friend?" Responses are collected and analyzed an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. by Bazaarvoice alongside review data, giving brands precise insight into the satisfaction levels of their most influential online customers. The Net Promoter concept was developed by loyalty expert Frederick Reichheld of Bain & Company and Dr. Laura Brooks of Satmetrix and is already part of the core business strategies of leading-edge organizations. Bazaarvoice is the first to integrate the Net Promoter discipline into an online rating and review platform. "Net Promoter gives our clients another dimension to understand, analyze, and improve customer satisfaction and word of mouth," says Brett Hurt, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bazaarvoice. "Our clients can now quickly understand and respond to opinions about their brand to drive top-line profitable growth." Net Promoter allows companies to identify "promoters PROMOTERS. In the English law, are those who in popular or penal actions prosecute in. their own names and the king's, having part of the fines and penalties. " and "detractors" and produces a clear measure of an organization through its customers eyes. For the first time, brands can understand their most influential online customers and immediately respond quickly to their needs and desires to boost business growth. Bazaarvoice calculates a client's Net Promotor score (the percentage of promoters minus the percentage of detractors) to provide the single most reliable indicator of a company's ability to grow. "Customer centricity Customer centricity refers to the orientation of a company to the needs and behaviours of its customers, rather than internal drivers (such as the quest for short term profit). is the key engine of profit growth in the new millennium, and organizations must put customers at the center of their businesses in order to remain competitive," says Phil Terry, CEO of customer experience consultancy Creative Good. "I applaud any company, including Bazaarvoice, that offers solutions aimed at making it easy for brands to listen and learn from their customers." About Bazaarvoice Based in Austin, Texas, Bazaarvoice offers outsourced technology, community management services, analytics, and syndication See syndication format. to encourage and harness word of mouth marketing, and bring it closer to a company's brand and customer experience. The company's flagship hosted and fully managed customer ratings and review service allows businesses to enable, encourage, and analyze customer ratings and reviews on their website. With Bazaarvoice, companies can empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems their customers to share honest opinions and influence each other to make more informed and rewarding purchase decisions. Clients like CompUSA, Golfsmith, and PETCO benefit from a credible and reliable customer-to-customer community, without having to delve into complex IT work or the laborious la·bo·ri·ous adj. 1. Marked by or requiring long, hard work: spent many laborious hours on the project. 2. Hard-working; industrious. process of community management. For more information, please visit the company's website at www.bazaarvoice.com or email info@bazaarvoice.com. |
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