Why NPS Falls Short in Ecommerce, and the Case for Earned Growth Ratio as a Better Metric
Retail TouchPoints
APRIL 16, 2024
2) Net New Referral Revenue, which captures the revenue generated from new customers acquired through referrals. Although the second metric is a little more complex to gather, a simple solution could be adding a question at checkout, such as “How did you hear about us?”. Most companies can calculate this relatively quickly. (2)
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