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

Gross Margin

The difference between the revenue generated from sales and the cost of goods sold, expressed as

Product Variants

A specific version of a ‘master’ product that is differentiated by one or more attributes, such