IDEAS home Printed from https://ideas.repec.org/a/awf/journl/y2024i2p76-85.html
   My bibliography  Save this article

Consumer Education and Loyalty: Concepts, Approaches and Correlations

Author

Listed:
  • Natalia REMEȘOVSCHI

Abstract

In an era of change, consumer loyalty is essential for the success and sustainability of companies, and the challenge in these conditions lies in increasing or regaining customer trust. Consumers have access to a multitude of options and are increasingly demanding, making loyalty no longer a simple process. Thus, the effectiveness of relationship marketing campaigns largely depends on customers’ motivation to actively engage in their relationship with the company, being the result of a well-managed process of communication and creation of a valuable experience for consumers. An essential aspect of this process is consumer education. By educating consumers, companies can create a deeper connection with their customers, providing relevant, accessible, and personalized information. This approach contributes to the development of trust, a determining factor for loyalty. In the long run, fostering loyalty through education brings mutual benefits. Customers who feel informed and supported are more likely to remain loyal to a brand and recommend its products, contributing to the company’s long-term success. Thus, building a consumer education process becomes a strategic investment for any company looking to expand its base of loyal customers in a competitive environment.

Suggested Citation

  • Natalia REMEȘOVSCHI, 2024. "Consumer Education and Loyalty: Concepts, Approaches and Correlations," Intellectus, State Agency on Intellectual Property (AGEPI), issue 2, pages 76-85, December.
  • Handle: RePEc:awf:journl:y:2024:i:2:p:76-85
    DOI: 10.56329/1810-7087.24.2.07
    as

    Download full text from publisher

    File URL: https://agepi.gov.md/sites/default/files/intellectus/Intellectus_2_2024_76.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.56329/1810-7087.24.2.07?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:awf:journl:y:2024:i:2:p:76-85. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AGEPI (email available below). General contact details of provider: https://agepi.gov.md/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.