What is brand loyalty?
Brand loyalty refers to the tendency of consumers to continue buying the same brand's products over time.
Why is brand loyalty important for businesses?
It's crucial because loyal customers are more likely to make repeat purchases, reducing marketing costs and increasing profits.
How can a company build brand loyalty?
Companies can build brand loyalty through quality products, excellent customer service, and engaging marketing strategies.
Can you give me examples of brands with strong loyalty?
Sure! Brands like Apple, Coca-Cola, and Nike are known for their strong customer loyalty.
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