Brand Loyalty

Brand Loyalty

Refers to a consumer’s consistent preference for purchasing the same brand over competing ones, driven by positive perceptions and past experiences with the brand.

It is a key indicator of a brand’s strength and customer satisfaction.

Related Terms

Brand Identity

Includes the visual elements of a brand such as the logo, design, color that helps the

Just in time inventory

An inventory management that is focused on optimizing inventory levels by receiving raw materials and components