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

Average Price

Weighted average of actual price and promoted price for an item. It does not take into

Base Price

Also referred to as non-promoted price, it is the average price of an item across all