This report examines the connection between brand attributes and customer loyalty in the retail sector, using Morrison as a case study. It analyzes key brand attributes, their influence on customer loyalty, and offers recommendations for Morrison to improve customer loyalty through strategic branding strategies.
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Table of Contents Title: To analyse brand attributes that lead to increase customer loyalty in retail sector business – A Case Study on Morrison...............................................................................................................1 CHAPTER 1 LITERATURE REVIEW INTRODUCTION...........................................................1 CHAPTER 2 LITERATURE MAIN BODY...................................................................................1 Concept of brand attributes in retail sector business...................................................................1 Elements that increase customer loyalty in Morrison.................................................................2 Relationship between brand attributes which assists to lead and increase customer loyalty in retail sector business...................................................................................................................3 Recommendations ways through customer loyalty develop in Morrison...................................4 CHAPTER 3 LITERATURE REVIEW CONCLUSION...............................................................5 REFERENCES................................................................................................................................7
Title:To analyse brand attributes that lead to increase customer loyalty in retail sector business – A Case Study on Morrison CHAPTER 1 LITERATURE REVIEW INTRODUCTION According to the views of Verhoef, Kannan and Inman, (2015), in the present study, literature review provides critical evaluation of existing researchers towards particular topic. It will help to determine and articulate for known and unknown things or topic. In context of research, it provides proper understanding to fill gap between previous and present study. Scope of the study also determines generally in right way to find issue and raised on appeal. It is essentially that entails to fulfil aim and objectives within the study. Furthermore, research is to be undertaken that includes essential guidelines which define explicitly study properly. On the other hand, Ramanathan, Subramanian and Vijaygopal, (2017) stated that literature review consider surveys books, articles and many other resources that are relevant to particular issue. In area of research, theory provides proper description, summary and critical evaluation of these works in relation with research problem that are being investigated. In extent of the research, it can be stated that range of perception or understanding define in scope for investigation of the topic. In contradicting, Nyadzayo and Khajehzadeh, (2016) generated their views that literature review has focused on identifying common barriers which enable to certain opportunities that are successfully transitioning that engaged in particular topic and environment. Scope of this literature review also experienced which moves away from achievement in circumstances. Furthermore, results also focused on key structural elements which provide to enable learning environment that are responsive and relevant for learners. It also focuses to align well with specific strategic priorities in wider sector. CHAPTER 2 LITERATURE MAIN BODY Concept of brand attributes in retail sector business As per the view of Nikhashemi, Tarofder and Haque, (2016), retail branding is strategy which is based on brand concept and transfers into retail operations and functions. In this regard, retail branding can be understood with comprehensive and integrated marketing management concept. Therefore, focusing on building long term customer loyalty and customer preference 1
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can be successfully ascertained at workplace of retail sector business. In retail industry, branding assists to make high sales of products and services as per competition. It creates distinctive brand images which persuade selecting appropriate brand with complex and high priced venture. Entrepreneurs determine closer look to develop significant advantages. On the other hand, Hartmann, Klink and Simons, (2015) stated that branding also requires strategy in which tactics of the company also adopts to develop interest of customers in particular brand. In this aspect, marketing website design, damage and strategy has been selected as per latest business model which develop consistency as per consumer emotions and prefer for one product only. Customer loyalty and brand strategy also flexible which includes different and effective media such as television, print advertisement and social websites. According to the point of Calvo Porral and Levy-Mangin, (2016), branding cannot be develop without differentiation in which ability successfully develop to persuade consumers. It alsorequiresdistinctivemission,valuesandgoals.Therefore,retailsectorbusinesswill accomplish brand differentiation with offering consumers for development of buying experience. Differentiation also come up with fastens its brand image which create more values that lead to focus on brand equity. Retail branding theory is one of the important and successful strategy which added value and associated with more products and services. However, Kim, Vogt and Knutson, (2015) argued that retail branding is a successful strategy which based on several concepts so that group of people in particular outlets that carry unique name, symbol, logo and combination of thereof.Retail brand complexity also characteristics with enormous aspects which results from service attributes of retailers. Brand attributes helps to Morrison with uniform, consistent and standardised performances with brand message. There are two branding themes in retail branding also successfully develop which refers to corporate strategy. It is used to build successful image of the company where it works. Elements that increase customer loyalty in Morrison As per the point of Vomberg, Homburg and Bornemann, (2015), there are several elements exists that assists to develop customer loyalty at workplace. With this consideration, customer loyalty can be successfully improved for particular products that made by companies. Customers exhibit customer loyalty when it is consistently purchases and brand over extended period. Loyalty of programs continuously develop that assists to progressed far beyond and successfully develop sophisticated programs that tailored to perform needs. There are several 2
programs can be develop to give customer attention and engage in repeat business with brand. Beside this, Stathopoulou and Balabanis, (2016) stated that greater customer service assists to focus on several resources that assists to handle any problems and emphasis on empathetic and adaptable for business development. As a result, it can be stated that customer service is something in which retailer can create several factors to increase creative advantages. Bad experience can all turn in mistakes which can develop customer interaction in proper way. Furthermore, it is essential to make sure that employees are well-trained to handle tasks in professionalmanner.Asaresult,customerserviceprocedurecanbedealwithhuge consideration. In addition to this, Voorhees, White and Randhawa, (2015) argued that make brand personable is also important element that increase customer loyalty in retail business. People are generally prefer to buy from other people. There are several advantages that can be successfully put on face brand. It helps to make sure that customers knows cares to provide service in the community. Easy way to connect with customers on human level which craft to engage web presence. Along with this, offers and updates can be successfully develop to use social media pages in which post content really grabs to increase interest of customer base. On the other hand, Gürhan-Canli, Hayran and Sarial-Abi, (2016) stated that track customer data is one of the important consideration that assists to maintain effective work performances that cater to develop more significant advantages. Improving can be hard when needs are not improved. As a result, technology enhance customer retention with new software solution that are available that connect more powerfully with customers. Relationship between brand attributes which assists to lead and increase customer loyalty in retail sector business As per the views of Christopher, (2016), brand attributes portray characteristics of company's brand. It signifies basic nature of brand which contain bundle of features that highlighted physical and personality aspects of the brand. Attributes are also developed with images, actions and presumptions. It assists to create identity for particular brand that assists to manage more effective functioning at workplace. Strong brand helps to communicate several features that includes several attributes. For instance, relevancy is one of the important aspect of brand attributes. It must meet with people's expectations and perform way which want to accomplish targets. Good job must be done to persuade consumers for buy products. Products 3
must be unique and not buy for development of the enterprise. However, Jary and Wileman, (2016) argued that consistency is one of the important aspect which signifies for the brand that stand to build customer trust. Consistent brand in the company communicates message in a particular way which not deviate from core brand proposition. As a result, more effective consideration will be successfully develop to attain desired level of results. Proper positioning should be positioned which helps to make particular place and in target audience mind to prefer other brands. Furthermore, strong brand also helps to make sustainable enterprise for competitive enterprise.SustainablebranddrivesforanorganisationforMorrisontoincreasemore profitability and effectiveness. As a result, credibility can be build to attain overall targets and performances. Recommendations ways through customer loyalty develop in Morrison As per the view of De Mooij, (2018), there are several recommendations should be provided in Morrison to increase their performances. In this consideration, it can be stated that building good brand create more value for customers to target them in the business. The chosen business should communicate awareness that create more benefits at workplace to develop more effectiveness at workplace. It is very difficult to assign monetary value to a particular brand so that strong effective results in the organisation. It will also communicate creativity that assists to focus on goals and objectives. On the other hand, Wheeler, (2017) stated that credibility is one of the important aspect that helps to communicate benefits at workplace. As a result, it attracts mindful consumer from high brand in value. In addition to this, reputation of Morrison should be develop so that more effectiveness can be successfully develop at workplace. In this regard, it can be stated that the chosen business need to consider research that assists to focus on complete digital business performances. As a result, it helps to communicate more information that companies want to complete. Moreover, Elliott, Rosenbaum-Elliott and Pervan, (2015) generated their views that Morrison should focus on high profile events that assists to focus on goals and objectives. As a result, it communicates leadership effectiveness at workplace. Increased visibility and influence helps to develop more targets and goals with advance technology. On the basis of advance tools and techniques, it can be stated that more effectiveness can be successfully develop to attain overall goals and objectives at workplace. Authentic values and information can be successfully collected with skills that assists to perform imperative to branding success. With the help of 4
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avoid pressure, constantly brand will be successfully develop to share overall goals and objectives. However, Smilansky, (2017) argued that make relationship more than the business also impact positive on customers. They are loyal towards the chosen business if employee make more concentration on their demand and requirements. As a result, it increases effectiveness to give more and more and offer different kinds of products. Advice from customers also helps to take successful business operations so that it would be beneficial to attain overall goals and objectives. In addition to this, Davis, (2017) explored their views that be reliable with customers when they keep promises. They show customers not taken for granted so that it is essential to respect and grow with every commitment which meet towards the customers. Customers loyalty increases when customers remembers for their sincerity to deliver positive promises. Each customer has different taste so that it is essential to recommend competitors products to meet with each person needs and requirements. It is one of the long way to building customer loyalty to understand proper caring and expressive way (Dev, 2017). CHAPTER 3 LITERATURE REVIEW CONCLUSION According to the point of Calvo Porral and Lang, (2015), brand attributes lead to increase customer loyalty in retail sector business in positive manner. With this consideration, concept of brand loyalty explained with wider point of reference. Different elements assists to provide positive customer experience that give proper attention for little things. Recognise with regular customers and invest more in them also helps to promising long term loyalty which put in priority list. Increase customer loyalty also perform positive functioning in Morrison to increase their profits and revenue. As a result, things are make direct and easy so that loyalty will be followed successfully. Beside this, Stanton, Wiley and Salnikova, (2015) stated that be reliable among several customers also help to show and grow commitment which people want to meet. Customer loyalty automatically develop customers remember for people sincerity to deliver positive promises. Apart from rewards and discount customers expectations must be successfully develop that focuses on fulfil requirements in better manner. Building customer loyalty also need to understand to hearing caring and expressive towards customers. Giving attention on small things is one of the common way to fulfil customer demand and requirements in the business. As per the views of Ramanathan, Subramanian and Vijaygopal, (2017), brand attributes contain positive relationship with different aspects of goals and objectives. Therefore, give 5
attention on little things is observed through customers belongings. As a result, Morrison offers eat or drinks to look around the store. Hence, the organisation can easily meet with hearts of customers. 6
REFERENCES Books and Journals Calvo Porral, C. and Lang, M.F., 2015. Private labels: The role of manufacturer identification, brand loyalty and image on purchase intention.British Food Journal.117(2). pp.506- 522. Calvo Porral, C. and Levy-Mangin, J.P., 2016. Food private label brands: the role of consumer trust on loyalty and purchase intention.British Food Journal.118(3). pp.679-696. Christopher, M., 2016.Logistics & supply chain management. Pearson UK. Davis, M., 2017.The fundamentals of branding. Bloomsbury Publishing. De Mooij, M., 2018.Global marketing and advertising: Understanding cultural paradoxes. SAGE Publications Limited. Elliott, R.H., Rosenbaum-Elliott, R. and Pervan, S., 2015.Strategic brand management. Oxford University Press, USA. Gürhan-Canli, Z., Hayran, C. and Sarial-Abi, G., 2016. Customer-based brand equity in a technologically fast-paced, connected, and constrained environment.AMS review.6(1- 2). pp.23-32. Hartmann, M., Klink, J. and Simons, J., 2015. Cause related marketing in the German retail sector: Exploring the role of consumers’ trust.Food Policy.52.pp.108-114. Jary, M. and Wileman, A., 2016.Retail power plays: From trading to brand leadership. Springer. Kim, M., Vogt, C.A. and Knutson, B.J., 2015. Relationships among customer satisfaction, delight, and loyalty in the hospitality industry.Journal of Hospitality & Tourism Research.39(2). pp.170-197. Nikhashemi, S.R., Tarofder, A.K. and Haque, A., 2016. The effect of customers’ perceived value of retail store on relationship between store attribute and customer brand loyalty: Some insights from Malaysia.Procedia Economics and Finance.37.pp.432-438. Nyadzayo, M.W. and Khajehzadeh, S., 2016. The antecedents of customer loyalty: A moderated mediation modelof customer relationship managementqualityand brand image. Journal of Retailing and Consumer Services.30.pp.262-270. 7
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Ramanathan, U., Subramanian, N. and Vijaygopal, R., 2017. Impact of customer loyalty and service operations on customer behaviour and firm performance: empirical evidence from UK retail sector.Production Planning & Control.28(6-8). pp.478-488. Smilansky, S., 2017.Experiential marketing: A practical guide to interactive brand experiences. Kogan Page Publishers. Stanton, J.L., Wiley, J. and Salnikova, E., 2015. Relationship of product claims between private label and national brands: The influence of private label penetration.International Journal of Retail & Distribution Management.43(9). pp.815-830. Stathopoulou, A. and Balabanis, G., 2016. The effects of loyalty programs on customer satisfaction, trust, and loyalty toward high-and low-end fashion retailers.Journal of Business Research.69(12). pp.5801-5808. Verhoef, P.C., Kannan, P.K. and Inman, J.J., 2015. From multi-channel retailing to omni-channel retailing:introductiontothespecialissueonmulti-channelretailing.Journalof retailing.91(2). pp.174-181. Vomberg, A., Homburg, C. and Bornemann, T., 2015. Talented people and strong brands: The contribution of human capital and brand equity to firm value.Strategic Management Journal.36(13). pp.2122-2131. Voorhees, C.M., White, R.C. and Randhawa, P., 2015. Fool’s gold? Assessing the impact of the value of airline loyalty programs on brand equity perceptions and share of wallet. Cornell Hospitality Quarterly.56(2). pp.202-212. Wheeler, A., 2017.Designing brand identity: an essential guide for the whole branding team. John Wiley & Sons. Online Dev,K.,2017.10WaysToImproveCustomerLoyalty.[Online]Availablethrough: <http://customerthink.com/10-ways-to-improve-customer-loyalty/>. 8