Customer loyalty is a customer’s devotion to a particular brand. It is often developed over time as a customer interacts and/or uses a product or service. This loyalty is often based on a user’s belief and trust in a brand. A service or product’s history, quality, value, price, and availability are all factors that most customers take into consideration when determining which brand they will remain loyal to. Meeting customer expectations and providing valuable customer service are examples of how businesses often earn customer loyalty. Unfortunately, customer loyalty can be lost as quickly as it is won. There are numerous types of marketing strategies you can deploy to help build customer loyalty.
There are many marketing terms and phrases that can be confusing, including
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