Brand Loyalty - Business concept of the day
Branding & PR
13 Jul 2018, 10:29 — 1 min read
Definition: Brand loyalty occurs when a customer develops a preference for a particular company.
Example: Apple Inc. is a large corporation that builds and leverages brand loyalty as it continues to grow.
Business insight: Brand loyalty means people make repeat purchases. Customers who make repeat purchases are a sustainable way of fuelling growth of a business. It is also less expensive than spending on marketing to acquire customers.
Posted by
GlobalLinker StaffWe are a team of experienced industry professionals committed to sharing our knowledge and skills with small & medium enterprises.
Network with SMEs mentioned in this article
View GlobalLinker 's profile
SME Inspirations
Other articles written by GlobalLinker Staff
Teacher's Day Tribute: Honoring the Inspirational Mentors Behind...
4 Sep 2023, 14:48
5 Must-Have Emails for Your Online Store
1 Sep 2023, 13:40
10 Quotes on Profit by Successful CEOs and Founders
16 May 2023, 15:03
Most read this week
Trending
Comments (6)
Please login or Register to join the discussion