JOURNAL ARTICLE

THE INFLUENCE OF PRODUCT DIFFERENTIATION ON CUSTOMER LOYALTY AND BRAND EQUITY

T. D. HEMAMALINIDr. M. KAMARAJ

Year: 2023 Journal:   Zenodo (CERN European Organization for Nuclear Research)   Publisher: European Organization for Nuclear Research

Abstract

Abstract Product differentiation is the specific way that one organization's products can be identified from another organization's products or services in a business. This helps in adding dedicated customers and generate brand equity. The purpose of this study is to understand and assess how product differentiation influences customer loyalty and brand equity. Sample size was 127. Data were gathered through a structured questionnaire and analyzed through correlation and regression analysis to test the subsisting relationship between the variables of the study. It was concluded that product differentiation has positive and direct relationship with customer loyalty and brand equity.

Keywords:
Brand loyalty Loyalty business model Brand equity Brand awareness Product (mathematics) Product differentiation Sample (material) Brand management Regression analysis

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Topics

Customer Service Quality and Loyalty
Social Sciences →  Business, Management and Accounting →  Organizational Behavior and Human Resource Management
Consumer Behavior and Marketing Influence
Social Sciences →  Business, Management and Accounting →  Marketing
Employee Performance and Motivation
Social Sciences →  Business, Management and Accounting →  Organizational Behavior and Human Resource Management

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