Manuscript Title:

IMPACT OF COMPETITION ON CUSTOMER LOYALTY

Author:

Dr. NALINA K B, Dr. ARUNA ADARSH, ABHILASH PUTTABUDDHI, PRAMOD GOWDA T D

DOI Number:

DOI:10.5281/zenodo.11032188

Published : 2024-04-23

About the author(s)

1. Dr. NALINA K B - Professor, JSS CMS, JSS Science and Technology University, Mysuru, India.
2. Dr. ARUNA ADARSH - Associate Professor, JSS CMS, JSS Science and Technology University, Mysuru, India.
3. ABHILASH PUTTABUDDHI - Assistant Professor, JSS CMS, JSS Science and Technology University, Mysuru, India.
4. PRAMOD GOWDA T D - Store Supervisor, PUMA, Sarjapur Road Factory Outlet.

Full Text : PDF

Abstract

This research article delves into the multifaceted realm of customer loyalty within the context of competitive markets. The study aims to explore the intricate interplay between customer loyalty and competition, straightening out the strategies, factors, and dynamics that influence and shape customer loyalty employing a comprehensive literature review, and qualitative and quantitative data collection methods. Through this multi-faceted approach, the paper seeks to provide a holistic understanding of the evolving landscape of customer loyalty and its critical role in gaining a competitive edge. To analyse the survey conducted, 280 responses were collected to analyse customer loyalty over the competition. Key findings emphasize the importance of customer experience, product quality, brand perception, and loyalty programs. The study confirms links between brand perception, customer satisfaction, and loyalty. Ultimately, it stresses the necessity for businesses to prioritize and leverage customer loyalty to succeed in dynamic markets.


Keywords

Brand Perception, Product Quality, Price Sensitivity, Customer Satisfaction, Loyalty Programs, and Customer Loyalty.