Advertisements
Advertisements
Question
Consumer's continuous preference of a particular brand due to faith in its superiority is termed as ______.
Options
Brand Equity
Brand promotion
Brand loyalty
Branding
Solution
Consumer's continuous preference of a particular brand due to faith in its superiority is termed as Brand loyalty.
Explanation:
Brand loyalty is the term used to describe a consumer's continuous preference for a particular brand due to their faith in its superiority. This loyalty is characterized by repeat purchases and a strong emotional connection to the brand, often leading consumers to choose it over competitors consistently. Brand loyalty is a valuable asset for companies as it ensures a steady customer base and can lead to positive word-of-mouth referrals.
APPEARS IN
RELATED QUESTIONS
The marketing outcomes of a product is known as ______.
Newsletters, catalogues, and invitations to organisation-sponsored events are most closely associated with ______.
The value which is derived from the way the consumer perceives the brand name is ______.
What is brand loyalty?
A branded product needs no sales promotion. Justify for or against.
Write a short note on brand promotion.
Describe the role of publicity in promoting a brand.
How can a business firm promote its brands?