Ritchie Bros. Auctioneers is an industrial auctioneer. The company is headquartered in Burnaby, a suburb of Metro Vancouver, and has 110 locations in 25 countries and 44 auction sites worldwide. The company sells through unreserved public auctions a broad range of used and unused industrial assets, including equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum, and marine industries.
Ritchie Bros. is a public company. Its common shares are traded on the New York and Toronto stock exchanges under the ticker symbol RBA.
|Key people||David Edward Ritchie, Founder, Beverley Briscoe, Chairman, Ravi Saligram (CEO)|
|Industry||Auctions & Industrial products distribution|
|Products||Auctions & Industrial products distribution|
|Founded||Kelowna, British Columbia|
|Headquarters||Burnaby, British Columbia|
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 Miscellaneous / Business Services 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 Ritchie Bros. Auctioneers Incorporated 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 Ritchie Bros. Auctioneers Incorporated 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 Ritchie Bros. Auctioneers Incorporated based on the publicly available information
including the sentiment of the company-related tweets, 3rd party reviews, and Alexa ratings.