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American Customer Satisfaction Index - ACSI Index

What is the ACSI Index?

The American Customer Satisfaction Index (ACSI) is an economic indicator that measures the satisfaction of consumers across the U.S. economy. It is produced by the National Quality Research Center (NQRC) at the University of Michigan in Ann Arbor, Michigan.

The ACSI interviews about 80,000 Americans annually and asks about their satisfaction with the goods and services they have consumed. Respondents are screened to cover a wide range of business-to-consumer products and services, including durable goods, services, non-durable goods, local government services, Federal government agencies, and so forth. Results from data collection and analysis are released to the public each quarter. ACSI data is used by academic researchers[1], corporations[2][3] and government agencies[4], market analysts and investors[5], industry trade associations, and consumers.

Most importantly, each measured company or organization is given a customer satisfaction index score (an "ACSI score") which reflects a weighted average of three satisfaction proxy questions. Each index score is on a 0-100 scale, and therefore a company can (hypothetically) receive any score ranging from 0 to 100. In practice, scores have tended to range from the low 50's to the high 80's. While slight differences between questionnaires administered to respondents across industries and sectors do exist, the three satisfaction questions used to create the ACSI score for each company are identical. Coupled with the standardized 0-100 index scale, these methods permit comparisons between companies and organizations.

http://en.wikipedia.org/wiki/American_Customer_Satisfaction_Index



How to add ACSI Index type question?

Click on the Add New Question link and select the ACSI Index type question from Add-On Modules.

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Enter in Question Text, Row Choices and Column Choices.
Exactly 3 Row Choices (Manifest Variables) are required. Example: Satisfaction, Expectancy and Performance
Exactly 10 Column Choices (Rating Scale) are required. Example: 1-10 Rating Scale.

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Can I setup weights for each of the dimensions?

Yes. Under the "Settings" tab for the question, you can setup customized weights for each of the dimensions:

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Do not update weights after data-collection has started. Data collected with existing weights will not be updated. The ACSI Score is computed and stores as and when data is collected. So, once live data-collection has started please do not update the weights.


License Restrictions

This feature/tool [ACSI Index] is not available as part of any of our standard self-service licenses. It is part of our Enterprise Service License. Please contact your Account Manager for pricing and options for purchasing the Enterprise Service License.

Please Visit Survey Analytics to lean more about Enterprise Solutions


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