Consumer Education and Loyalty: Concepts, Approaches and Correlations

Natalia Remeșovschi

Intellectus, 2024, issue 2, 76-85

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.

Keywords: consumer; consumer education; loyalty; consumer loyalty. (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:awf:journl:y:2024:i:2:p:76-85

DOI: 10.56329/1810-7087.24.2.07

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