Brand loyalty

The Providence Business News Executive Poll is a weekly
survey of 70 top business leaders throughout the state, representing small and
large companies in a variety of industries and businesses.


 




QUESTION: In general, do you consider yourself to be loyal to particular brands – whether they are beverages, household goods or automobiles?


Yes: 82%


No: 18%





QUESTION: Are you more likely to return to a particular department store or mall out of loyalty or are you more likely to shop where you find the best sale on a particular day?


Loyal to a particular store or mall: 71%


More likely to chase after a sale: 29%



QUESTION: Which is more likely to get you into a store to make a major
purchase?



Word-of-mouth recommendation from a friend or colleague: 35%



A sale advertised in a newspaper, on television or on the radio: 24%


The geographic proximity of a particular store: 41%



QUESTION: Do you regularly purchase generic products – or are you more likely to pay a bit more for the established brand?



Regularly purchase generic products: 29%



Willing to pay more for the brand: 71%

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