Tuesday, April 30, 2019

The Role That Customer - Brand Identification Plays In Brand Loyalty Literature review

The Role That Customer - Brand Identification Plays In Brand Loyalty and Brand forwarding - Literature review ExampleA brand is principally responsible for establishing a strong family descent with the customers. Therefore brands hold the accountability to build a healthy and strong relationship with the customers of the company. In that mathematical operation customer brand identification plays a major role. Brand identification is defined as the process of developing a brand that offers positive consumer benefits and in turn results in repeat purchase. Also in the process of customer brand identification, individuation operator of a brand acts as a signifi standt factor. identicalness of a brand provides the direction, meaning and purpose of the brand. Brand identity is thus considered as the central social unit towards the development of a strategic vision. Brands generally have 3 aspects namely brand image, brand identity and brand position. Brand image portrays about h ow the brand is being perceived by the customers, brand identity is about how the strategist desires the brand to be perceived by the target audience. Brand positioning is in any case a part of brand identity it is about the way by which the intended audience can be effectively targeted. However modern studies highlights that branding has 5 aspects that are, design, positioning, customer relationship, storytelling and price (Healey, 2008, p.8). Thus in order to sustain with a brand in the market and continuously communicating the messages to the target customers, affinity Marketing is a key process. The next half of the project will offer insights about relationship marketing. The area of relationship marketing has been an area of focus for the last few years. Relationship marketing mainly puts emphasis on the retention of customers rather than acquiring new customers. It heavily stresses on the process of customer satisfaction and gives less importance to sales transactions. Rel ationship