Brand loyalty

In marketing and consumer behaviour, brand loyalty describes a consumer's persistent positive feelings towards a familiar brand and their dedication to purchasing the brand's products and/or services repeatedly regardless of deficiencies, a competitor's actions, or changes in the market environment. It's also demonstrated with behaviors such as positive word-of-mouth advocacy.[1] Corporate brand loyalty is where an individual buys products from the same manufacturer repeatedly and without wavering, rather than from other suppliers.[2] In a business-to-business context, the term source loyalty is also used.[3] Loyalty implies dedication and should not be confused with habit, its less-than-emotional engagement and commitment. Businesses whose financial and ethical values (for example, ESG responsibilities) rest in large part on their brand loyalty are said to use the loyalty business model.

  1. ^ Hur, Won‐Moo; Ahn, Kwang‐Ho; Kim, Minsung (2011-08-02). "Building brand loyalty through managing brand community commitment". Management Decision. 49 (7): 1194–1213. doi:10.1108/00251741111151217. ISSN 0025-1747.
  2. ^ American Marketing Association Dictionary Archived 2012-06-11 at the Wayback Machine. Retrieved 2011-07-09. The Marketing Accountability Standards Board (MASB) endorses this definition as part of its ongoing Common Language: Marketing Activities and Metrics Project Archived 2013-02-12 at the Wayback Machine.
  3. ^ Wind, Y., Industrial Source Loyalty, Journal of Marketing Research, Volume 7, No. 4 (November 1970), pp. 450-457, accessed on 22 January 2025