ENTREPRENEURSHIP

Detailed explanation-1: -Customer loyalty is when customers reward a company with repeat business over time. Loyal buyers consistently choose to do business with a particular brand and often defend it against its competitors. For customer loyalty to happen, a company must create an experience that inspires buyers to return again and again.

Detailed explanation-2: -What’s Brand Loyalty? Brand loyalty happens when a customer identifies with your brand on a personal level. They either consciously or unconsciously purchase from your brand repeatedly because they know your products or service will meet their expectations.

Detailed explanation-3: -Brand loyalty is when a customer has had positive experiences with a product or service and therefore makes repeat purchases over time. High-quality products, exceptional customer experience, satisfying customer service, and shared values are all factors that influence brand loyalty.

Detailed explanation-4: -Customer loyalty is a measure of a customer’s likeliness to do repeat business with a company or brand. It is the result of customer satisfaction, positive customer experiences, and the overall value of the goods or services a customer receives from a business.