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True Brand Loyalty

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Introduction A company's main question in relation to selling their products or services use do be: ,,How do I get people to buy my product?" Nowadays companies still greatly appreciate the answer to this question but they have also realized that getting customers is not the only thing they need to do. In today's rapidly moving world consumers don't stick with products for life. Advertisements and an increased feeling of independence have created consumers that will switch brands or products as soon as the feel the need to do so. What company's look for in this consumer environment is creating a so-called brand loyalty. This paper will explore the ways companies go about in creating this brand loyalty and it will investigate the …show more content…

The article of Antonides and van Raaij (1998) continues with how these discrepancies can result in consumer (dis)satisfaction and eventually perhaps in complaints. Factors influencing the satisfaction - brand loyalty relationship There are many conditions that influence the factors, which are crucial in stimulating brand loyalty successfully. These, a/o., include the market share, competition, price, brand switching costs, number of substitutes, and so on. However, less obvious, but still, very important factors include the ones proposed by De Ruyter and Bloemer in their article about customer loyalty in extended service settings. These are the factors of value attainment and positive mood in interaction with customer satisfaction that can play a significant role in influencing brand loyalty. The second figure in appendix II puts the moderating effect of the two factors on the satisfaction - brand loyalty relationship into a clear, comprehensive framework. Bloemer and De Ruyter explain the concept of value attainment as follows. In their search for products and services consumers are assumed to search for some sort of instrumental values. instrumental values include values like independence, politeness, responsibility etc. (Peter & Olson, 1996). Trying to achieve these specific values represents one moderating factor. The state of mood represents the other moderating factor. For example, when you walk into a store and see the smile

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