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

Grocery

A retail establishment primarily focused on selling a broad assortment of food products, encompassing items such

Assortment

The variety of products that a retailer offers for sale to meet the diverse preferences and

Forecast Accuracy

Forecast accuracy refers to the degree to which a forecast aligns with actual sales data, indicating