Monster Beverage Corporation is an American beverage company that manufactures energy drinks, natural soft drinks, and fruit drinks including Monster Energy, Hansen's Natural Soda, Hansen's Energy, Hansen's Junior Juice, Hubert's Lemonade, Peace Tea, and Blue Sky.
NASCAR announced on December 1, 2016 a multi-year deal that will make Monster Energy only the third entitlement sponsor in its premier series history.
As of May 2012, Monster held nearly 35% of the $31.9 billion US energy drink market.
|Key people||Rodney Sacks (Chairman and CEO) Hilton Schlosberg (President and COO)|
|Traded as||NASDAQ: MNST NASDAQ-100 Component S&P 500 Component|
|Products||Soft drinks, natural juices, energy drinks|
|Founded||1935; 82 years ago (1935)|
|Subsidiaries||Blue Sky Beverage Company|
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.
Yes, it is.
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 Beverages 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 Monster Beverage 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 Monster Beverage 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.
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We have estimated the Net Promoter Score of Monster Beverage based on the publicly available information
including the sentiment of the company-related tweets, 3rd party reviews, and Alexa ratings.