Advanced Strategic Marketing: Customer Experience and Loyalty
VerifiedAdded on 2022/08/18
|7
|1658
|12
Report
AI Summary
This report delves into the significant impact of customer experience on customer loyalty, trust, and commitment within a marketing context. It examines how organizations enhance customer experience through improved value propositions to retain customer commitment and increase sales volume. The report discusses factors influencing customer experience, such as proposition quality, value, cost, and support services, as well as the role of technological advancements and ethical considerations in research. Furthermore, it addresses the importance of research design, defining research problems, and research ethics, including voluntary participation, informed consent, and anonymity. The report also covers the strategic implications of market research, including exploratory, descriptive, and causal studies, and outlines the process of defining research problems and writing research briefs. The analysis also includes the impact of marketing strategies and the importance of customer perception in building loyalty. The report concludes by emphasizing the steady impact of customer experience on consumer behavior and discusses paradoxical situations in homogenous market structures, all of which are crucial for marketing professionals and students.
1 out of 7