Professional Documents
Culture Documents
SYMMS Sem-III(2022-23)
STUDIESCRD’s Sterling
Subject- Institute Sterling Institute
Consumer Behaviour
• Customer loyalty is both attitudinal and behavioral tendency to favor one brand
over all others ,whether due to satisfaction with the product and services its
convenience or performance ,or simply familiarity and comfort with the brand
• customer loyalty encourages customers to shop more consistently ,spend a
greater share of wallet,and feel positive about shopping experience,helping
attract to consumers.
• Customer loyalty Has been Delivered ‘’holly grail’’for every marketer and in
every marketer and in every marketing activity(Srinivasa & Rai ).
• The Past research exposes that 5% surge in customer loyalty could swell 28%-
85% 0f Profits .
• likewise a 2% rise in customer retension has nearly the same impact as 10% cost
that customer loyalty is one of most extensively reaserched areas in the
marketing domain by academicians .
• Predominantly for developing nations whose marketing practices have observed
rapid revolutions in recent eras because of legal governing ,and institutional
transformation over time
Reasearch Methodology