Literature review on customer loyalty programs
Against this background, this study reviews 131 LP-related articles following the Theory. Customer loyalty is very essential to the organization in order to retain its current customers. Yi’s concludes, “Many studies found that customer satisfaction influences purchase intentions as well as post-purchase attitude” (p. The findings demonstrate that brand and brand loyalty are important means on the activities of today businesses E-loyalty is “the literature review on customer loyalty programs customer’s favorable attitude towards an electronic business, resulting in repeat purchasing behaviour” [ 7 ]. The researcher hopes to obtain a model that will be useful to other researchers in the future. Literature Review On Customer Loyalty Programs:. 2 Customer Loyalty The research on the customer loyalty was discusses and has been done before. It implies a consistent repurchase pattern of the brand as a result of positive affection towards the brand (Mellens, DeKimpe and Steenkamp, 1996). Brand loyalty theories suggested that loyalty to brands is the outcome of several… repo. (Selnes, 1993)States customer loyalty comprises of the chance of repurchase, chance of swapping and willingness of recommending the service to others Abstract Loyalty programs (LPs) are an important marketing instrument used to promote repeat purchases and customer relationships. Brand Loyalty is a biased behavioral response expressed over a period of time. This article… 7 Highly Influenced PDF. The marketing literature suggests that customer loyalty can be defined in two distinct ways (Jacoby and Kyner, 1973)12 Given the increasing importance of loyalty programs, this question matters. Cz 202 customer loyalty program as a tool of customer. Role of loyalty program comparisons and the moderating role of loyalty program delivery in the overall reward–perfor-mance linkage, we underscore the complex trade-offs facing managers. The major aim of this paper was to review literature and try to incorporate the viewpoints of different researchers associated with customer loyalty and the results of surveys conducted. Loyal customer is considered as most important asset to a bank (Tariq & Moussaoui, 2009) cbu international conference on innovations in science and education march 23-25, 2016, prague, czech republic www. Cbu international conference on innovations in science and education march 23-25, 2016, prague, czech republic www. It explains the benefits derived for the businesses and customers from having a strong. Customer Loyalty and the methods used by researchers in academic research. We review extant literature pertaining to customer gratitude, status, and unfairness, as well as our comparison approach to loyalty program effectiveness, in. Customer Loyalty in Airline Industry: A Literature Review Maethika Chanarpas Independent Researcher, Brescia, ITALY ABSTRACT: The aviation industry is one of the fastest-growing and highly competitive industries. The literature on LPs addresses a variety of aspects that determine consumers’ adoption of LPs and their subsequent attitudes and behavior literature review on customer loyalty programs that ultimately drive firm performance (i. Literature Review Review of Key Definitions and Empirical Studies Loyalty Programs The loyalty programs are defined by the American Marketing Association ( 2016) as “continuity incentive programs offered by a retailer to reward customers and encourage repeat business. The commissioner of this thesis was Karolina Lassfolk (Operational Director, Trivsel). In this paper, can you do my homework for me yahoo attitudinal loyalty should be understood as " consumer's psychological.