The Mesabi Iron Range is an elongate trend containing large deposits of iron ore, and the largest of four major iron ranges in the region collectively known as the Iron Range of Minnesota. Discovered in 1866, it is the chief iron ore mining district in the United States. The district is located in northeast Minnesota, largely in Itasca and Saint Louis counties. It was extensively worked in the earlier part of the 20th century. Extraction operations declined throughout the mid-1970s but rebounded in 2005. China's growing demand for iron, along with the falling value of the U.S. dollar versus other world currencies, have made taconite production profitable again, and some mines that had closed have been reopened, while current mines have been expanded.
NPS is a customer loyalty metric that measures customers’ willingness to not only return for another purchase or service but also make a recommendation to their family, friends or colleagues.
It is a powerful and effective technique, which can greatly increase a company's revenue if used properly.
The main advantages of NPS are close correlation with a company's growth and easy collection, interpretation and communication of the data.
Net Promoter Score is a number from -100 from 100.
Scores higher than 0 are typically considered to be good and scores above 50 are considered to be excellent.
The industry average for Basic Industries / Precious Metals is 0.
The final Net Promoter Score of a company strongly depends on a context in which the satisfaction is measured.
Consider an example: If Mesabi Trust sends out NPS surveys immediately after purchase, they are tracking their customers' initial excitement and the checkout experience.
On the other hand, if they survey their customers a few weeks after the purchase they are also tracking how satisfied their customers are with their products and services over time.
Therefore, comparing the NPS score of Mesabi Trust with your own without any further context is not that useful.
What is extremely useful though, is using the NPS methodology to track the satisfaction of your customers over time. That's where Customer.guru comes in.
How are your customers satisfied depending on:
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We have estimated the Net Promoter Score of Mesabi Trust based on the publicly available information
including the sentiment of the company-related tweets, 3rd party reviews, and Alexa ratings.
Do you think this information is incorrect? Report incorrect information. Do you have more accurate data? Submit NPS score.