Specialist Project: Customer Loyalty in UK Retail Industry
VerifiedAdded on 2023/06/08
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Project
AI Summary
This specialist project (dissertation) investigates the role of customer loyalty programs in shaping customer perspectives within the UK retail industry, specifically focusing on Lidl. The research aims to examine various loyalty programs, their impact on customer perception, and the challenges faced in their implementation. The introduction provides an overview, followed by clearly defined research aims, objectives, and questions. The significance of the study is highlighted, emphasizing its importance for retail companies in a competitive environment and for researchers developing various skills. The rationale explains the choice of the topic, underscoring the value of loyalty programs for revenue generation. The project includes a literature review, research methodology (philosophy, choice, strategy, instrument, data collection, analysis, sampling, and ethical considerations), and potential outcomes, indicating the importance of customer loyalty in staying ahead of competitors and addressing changing customer behaviors. A Gantt chart is used for project management, and references support the research. The project provides a comprehensive analysis of customer loyalty programs and their impact on the retail sector.
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