Contemporary Marketing (MindTap Course List)
Contemporary Marketing (MindTap Course List)
17th Edition
ISBN: 9781305075368
Author: Louis E. Boone, David L. Kurtz
Publisher: Cengage Learning
Question
Book Icon
Chapter 13, Problem 1ALR
Summary Introduction

To discuss: The 3 stages used by the marketers to measure brand loyalty.

Brand loyalty: The purchase of same brand for more number of times among the set of brand is known as brand loyalty.

Expert Solution & Answer
Check Mark

Explanation of Solution

The 3 stages used by the marketers to measure brand loyalty are as follows:

  • • Brand recognition
  • • Brand preference
  • • Brand insistence

Brand recongnition: As customer becomes aware with the new products brand recognition occurs. The usage of product by customers, noticed in stores or seen in advertisments makes the product unknown to known product.

Brand preference: When the buyer prefer for the same brand because of his past experience with the product.

Brand insistence: It occurs when the customer reject alternatives and look extensively for the preferred merchandise.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
How helpful did you find using ChatGPT to conduct the stakeholder analysis? How would you verify and modify the results generated by ChatGPT before presenting the information to the organization?
Transportation is considered a facilitator of trade as it can either make trade feasible or infeasible. Transportation infrastructure is crucial to the efficiency of transportation and ultimately, international trade. After conducting research on infrastructure investments in Canada, choose one infrastructure investment that has not been chosen already by a fellow candidate and describe the scope of the project and its objectives. Be sure to explain how your project helps facilitate trade with which specific regions and how it contributes to efficient supply chains.         answer this question based on  Objectives of the Ontario-Québec Continental Gateway and Trade Corridor (CGTCQO) Project
Nnn̈mmkkkjnhbb
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing
Text book image
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning
Text book image
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:9781337407595
Author:Lamb
Publisher:Cengage
Text book image
MARKETING 2018
Marketing
ISBN:9780357033753
Author:Pride
Publisher:CENGAGE L
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning